1420 Thompson Avenue, Sullivans Island, SC 29482
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1420 Thompson Avenue, Sullivans Island, SC 29482

$10,375,000

MLS #: 24006715 Days on Market: 43
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PK - 05 Schools in 29482

Name
Address
Phone
Type
Grade
2014 Mike Perkis PlaceSullivan's Island, SC 29482
(843) 883-3118
Public
PK - 05

Deep Water on Sullivan's Island. One of the rarest opportunities to own a home on the coveted Cove Creek of Sullivan's Island. Situated on one of Thompson Avenue's largest lots, A newly renovated home brings a modern touch to a timeless beach escape with breathtaking views of the Intracoastal Waterway. A brand new dock and 35-foot floating dock allow you to keep your boat just steps from your backyard. Enjoy sunset views of the Lowcountry marsh and a fully heated pool & spa. What makes this property so unique is the abundance of green space amongst all the other amenities. This home is a true find. Ipe decking surrounding the pool and recently installed lush landscaping create the most exquisite oasis. The list of renovations are extensive but some highlights include pristinehardwood flooring throughout, a gourmet kitchen with custom cabinetry, quartz counters, a waterfall kitchen island, state-of-the-art appliances with custom herringbone pattern wood panels, two built-in nugget ice machines, new gas fireplace, wet bar with wine fridge, built-in Sonos system with 3 zones, reclaimed wood floating shelves, water purification system allowing all faucets to be filtered, all new Ipe wood decking, marine wiring on all railings, power and water to dock, brand new generator, 500-gallon propane tank with sensor, elevator to all floors, custom light fixtures, dimmable lighting, ship lapped accents throughout, window treatments, outdoor bar, pergola, hurricane shutters, an exquisite laundry room equipped with a sink, plenty of storage, hidden hampers, and built-in hanging racks, repositioned pool and added an electric cover. Living spaces flow seamlessly from one room to the next creating the ideal flow for everyday living or entertaining. Enjoy exquisite deep water views from your kitchen, living, room owner's suite and en suite bathroom. Hop on your boat for a quick trip down the Intracoastal or Charleston Harbor to eat at the city's finest restaurants or stay put on the dock to swim, paddle-board or fish the afternoon away! This elegant home is truly a once-in-a-lifetime opportunity that won't last long.

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Listing Provided by The Pulse Charleston
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Address: 1420 Thompson Avenue
State: SC
Zip: 29482
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24006715
List Price: $10,375,000
Bedrooms: 4
Full Baths: 3
Half Baths: 1.00
Total Square Feet: 33942
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Subdivision: Sullivans Island
Home Style:
Year Built: 2009
Days On Market: 43
Lot Size: 0.3500 acres
Outdoor & Yard Description:
High Ceilings
Window Treatments
Entrance Foyer
In Ground
Laundry Room
Kitchen Island
Family
Separate Dining
One
0 - .5 Acre
Ceramic Tile
Ceiling - Smooth
Walk-In Closet(s)
Wood
Trash
Contemporary
Lawn Irrigation
Living Room
Great
Pantry
Security System
Charleston Single
Storm Window(s)
Elevator
Wet Bar
Dock - Existing
Dock - Floating
River Front
Waterfront - Deep
River Access
Elevator Shaft
Marble
Ceiling Fan(s)
Garden Tub/Shower
Walk-In Closet(s)
Sitting Room

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