254 Saint Philip Street, Charleston, SC 29403
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254 Saint Philip Street, Charleston, SC 29403

$2,274,998

STATUS: For Sale MLS #: 24017231 Days on Market: 170
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6-12 SPED Schools in 29403

Name
Address
Phone
Type
Grade
1002 King Street
8437203085
Public
6-12 SPED

6-8 SPED Schools in 29403

Name
Address
Phone
Type
Grade
244 President Street
8437247789
Public
6-8 SPED

9-12 SPED Schools in 29403

Name
Address
Phone
Type
Grade
244 President Street
8435794815
Public
9-12 SPED

K-12 Schools in 29403

Name
Address
Phone
Type
Grade
227 Huger Street
843-567-5911
Private
K-12

K-3 SPED Schools in 29403

Name
Address
Phone
Type
Grade
34 Race Street
8434109765
Public
K-3 SPED

PK-5 SPED Schools in 29403

Name
Address
Phone
Type
Grade
382 Meeting Street
8437202967
Public
PK-5 SPED
2 Perry Street
8437247261
Public
PK-5 SPED
805 Morrison Drive
8437247783
Public
PK-5 SPED

PK-8 SPED Schools in 29403

Name
Address
Phone
Type
Grade
233 Line Street
8437222689
Public
PK-8 SPED
741 King Street
8437247763
Public
PK-8 SPED

SELLER FINANCING AVAILABLE! ROOFTOP TERRACE! NEW CONSTRUCTION SHORT TERM RENTAL ELIGIBLE! Pending final construction, this 2024 build is nestled within the highly sought after owner absent Short Term Rental Overlay! This latest southern France inspired design is being constructed by Cozy Development! Built with the highest quality, this property will boast luxury finishes with modern, eye catching furnishings which will easily captivate your prospective guests! This unique property can be purchased in combination with a freshly refined 1852 home, which is located on the same parcel. Subsidize the purchase by living in one unit and short term leasing the other for an enormous financial benefit or short term lease both homes! This home is wrapped in stucco and featuresa rooftop terrace! If you're looking for walkability to some of the best restaurants and cafes, you will be within a five-minute walk of upper King Street, the epicenter of nightlife in Charleston. You'll have easy access to places like Prohibition, Bourbon N' Bubbles, Felix, Uptown Social and so many more restaurants, making it highly desirable for STR guests. RENOVATED, FURNISHED, TURNKEY The property features five bedrooms with each having en suite bathrooms to accommodate your guests. The kitchen is the focal point of every home, which is why the kitchen boasts upgraded appliances, custom cabinets, and quartz/quartzite countertops with luxury hand molded backsplash and open shelving. Other features throughout the unit included a zero degree walk in tiled shower with an illuminated shower niche, and wood floors throughout. Outside you'll be able to enjoy the perfect picturesque Charleston evening from the rooftop terrace. This property is modern and virtually maintenance free! HIGH CASHFLOW PROPERTY This property is new construction and will be fully compliant for STR. The property will be licensed upon completion and operating upon renovations being completed. Financial projections completed by a third party service are available upon request.

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Address: 254 Saint Philip Street
City: Charleston
State: SC
Zip: 29403
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: 24017231
List Price: $2,274,998
Bedrooms: 5
Full Baths: 5
Half Baths: N/A
Total Square Feet: 21752
Elementary School: Mitchell
Middle School: Simmons Pinckney
High School: Burke
Home Style:
Year Built: 2024
Days On Market: 170
Lot Size: 0.0900 acres
Outdoor & Yard Description:
Balcony
Ceramic Tile
Wood
See Remarks
Ceiling - Smooth
High Ceilings
Ceiling Fan(s)
Living/Dining Combo
Charleston Water Service
Dominion Energy
Interior Lot
Condo Regime
Traditional
Ceiling Fan(s)

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