$918,000
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Are you looking for a newer home on the historic Charleston peninsula? 58 Dereef Court is situated in the pocket neighborhood of Morris Square, a newer development located within the Elliotborough/Cannonborough area on the Charleston peninsula.With a style reminiscent of a Charleston single, this 2014-built, 3-bedroom, 2.5-bathroom home offers 3 levels of stylish, functional, and low-maintenance living--perfect for homeowners seeking ease and convenience. The home also includes the added bonus of a private 2-car parking pad alongside it.The front door welcomes you into a spacious, open-concept living area, seamlessly blending the living room and kitchen, creating an inviting space for entertaining and everyday living.The living room features large windows, recessed lighting, and a ceiling fan. The kitchen boasts granite countertops with a long, functional island, large pendant lighting, a tile backsplash, soft-close cabinetry, recessed lighting, and stainless steel appliances, including the refrigerator. A generous pantry and utility closet are located behind the kitchen. A half-bathroom is conveniently located off the kitchen and living room. On the second floor, you'll find two bedrooms, a full bathroom, a utility closet, and a laundry closet that includes a stacked laundry unit. The bedrooms feature large windows, recessed lighting, and a ceiling fan. The bathroom includes a granite-topped vanity and a shower/bathtub combination. The third floor is designed as the primary suite, featuring a vaulted ceiling, recessed lighting, a ceiling fan, a walk-in closet, and a utility closet. The en-suite bathroom offers a dual-sink vanity with a granite countertop and a spacious walk-in shower. Living in Morris Square places you in close proximity to three beautiful parks: Shiloh Park, Dereef Park, and Simonton Parkgiving you green spaces to enjoy outdoor activities. The overall location makes this home a fantastic opportunity for students, medical professionals, investors, or anyone looking to be close to the Medical University of South Carolina, the VA Hospital, or the College of Charleston. From here, you can easily experience all that the historic Charleston peninsula has to offer, from its rich history to its popular downtown, while enjoying the serenity of a tucked-away neighborhood. RENT POTENTIAL: This home has a prior history as a student rental. In 2023, rents were $1,200/month each for the second floor bedrooms, and $1,400/month for the third floor suite. Current rents would likely be higher.
About Me
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:Â
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)
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