16 Chapman Avenue, Isle of Palms, SC 29451
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16 Chapman Avenue, Isle of Palms, SC 29451

$1,699,000

STATUS: Sold MLS #: 23020241 Days on Market: 240
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Beautiful IOP cottage that was raised up, completely gutted to the studs, and added onto in 2018 making this effectively only about a 5 year old house! The property itself is huge at over a third of an acre, and it is just a block or two away from the Isle of Palms Rec. Center! Perfectly located near the back of the island, you are away from all of the beach traffic, and it's a short golf cart ride down to the IOP Marina, Islander 71, and to the beach! The interior has a very nice, open floor plan, modern kitchen with beautiful cabinets and counter-tops, and the master suite is private from the rest of the house and has access out to the back porch. There is a covered shed in the back yard that is perfect for oyster roasts and fish frys, and it has electrical hookups to power an RV ifneeded. There is also off-street parking for a couple of cars as well as covered parking under the house for at least 4 more cars in addition to a large storage room. This house would make the perfect primary home for a family looking to move to the island and take advantage of the school district, and/or a great second-home, beach getaway with all the modern conveniences of a practically new house!!

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Address: 16 Chapman Avenue
State: SC
Zip: 29451
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: 23020241
List Price: $1,699,000
Bedrooms: 4
Full Baths: 2
Half Baths: 1.00
Total Square Feet: 17472
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Subdivision: Isle of Palms
Home Style:
Year Built: 1968
Days On Market: 240
Lot Size: 0.3500 acres
Outdoor & Yard Description:
Ceiling Fan(s)
Laundry Room
Kitchen Island
Dog Park
Park
Ceiling - Smooth
Dominion Energy
Trash
Traditional
Boat Ramp
Tennis Court(s)
Great
RV Parking
Marina
IOP W/S Comm
Ceiling Fan(s)
Multiple Closets
Outside Access

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