3 Formosa, Charleston, SC 29407
MLS #18022901
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3 Formosa, Charleston, SC 29407

$950,000

STATUS:ACTIVE MLS #: 18022901 Days on Market: 127
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06 - 08 Schools in 29407

Name
Address
Phone
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Grade
1776 Kennerty DriveCharleston, SC 29407
(843) 763-1546
Public
06 - 08

1 - 12 Schools in 29407

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300 Albemarle RdCharleston, SC 29407
(843) 556-3620
Private
1 - 12

KG - 05 Schools in 29407

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1871 Wallace School RoadCharleston, SC 29407
(843) 763-1555
Public
KG - 05

KG - 5 Schools in 29407

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13 Oakdale PlCharleston, SC 29407
(843) 573-1033
Private
KG - 5

PK - 05 Schools in 29407

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Grade
1225 Orange Branch RoadCharleston, SC 29407
(843) 763-1520
Public
PK - 05
30 Chadwick DriveCharleston, SC 29407
(843) 763-1503
Public
PK - 05
1699 Garden StreetCharleston, SC 29407
(843) 763-1507
Public
PK - 05

PK - 6 Schools in 29407

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56 Leinbach DrCharleston, SC 29407
(843) 571-1140
Private
PK - 6

PK - 7 Schools in 29407

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Grade
1293 Orange Grove RdCharleston, SC 29407
(843) 556-6686
Private
PK - 7

PK - 8 Schools in 29407

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Type
Grade
1639 Raoul Wallenberg BlvdCharleston, SC 29407
(843) 571-1105
Private
PK - 8

New to market!! Great opportunity to own a traditional brick 1940's 2 story home on large .55 acre lot in the very desirable family neighborhood of Wappoo Heights in West Ashley. Lined with a beautiful row of mature oak trees and located only 5 minutes from downtown Charleston, the current owners have lived in this home since 1994.This 4 bedroom, 3 bathroom house provides a traditional floor plan with foyer, formal dining, formal living, family room and kitchen on the first floor. There is also a guest room with an en suite bathroom on the first floor. The second floor provides the master bedroom and bathroom along with 2 guest rooms which share a hallway bathroom. Hardwood floors can be found throughout.There is a large garage located next to the kitchen and a lovely rear yard with room

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Listing Provided by Loretta Realty Group
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Address: 3 Formosa
City: Charleston
State: SC
Zip: 29407
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 INTERNETPERIOD, 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: 18022901
List Price: $950,000
Bedrooms: 4
Full Baths: 3
Half Baths: 0
Total Square Feet: 30002
Elementary School: St. Andrews
Middle School: West Ashley
High School: West Ashley
Subdivision: Wappoo Heights
Home Style: Traditional
Year Built: 1940
Days On Market: 127
Lot Size: 0.55 acres
Outdoor & Yard Description:
Fence - Partial
Ceiling - Smooth
.5 - 1 Acre

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Data is deemed reliable but is not guaranteed accurate by the MLS.

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