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10 Ashe Comps

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403 Dave MAY 7, 2022

Susan Matthews Coldwell Banker Realty

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

Summary of Comparable Properties

S SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

32 Bogard Street 40 Morris Street 59 Cannon Street

12/22/21 1/31/22 12/30/21

3 3 3

3.00 3.00 3.00

2,080

$909,000 $1,200,000 $1,700,000 $1,269,666

$437

980

$1,224 $895 $852

1,900 1,653

Averages

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

2

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

Comparable Property Statistics

S 3 Sold Listings

LOWEST

AVERAGE

HIGH

AVG PRICE / SQFT $852

AVG DOM 56

$909,000

$1,269,666

$1,700,000

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

3

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

Online Valuation Analysis

How accurate are Zestimates? 11.4% $140,100 Zestimates varied up to 11.4% or $140,100 compared to actual MLS prices.

3 Sold

S

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

32 Bogard Street 40 Morris Street 59 Cannon Street

12/22/21 1/31/22 12/30/21

$909,000 $1,200,000 $1,700,000

$1,012,400 $1,291,900 $1,840,100

11.4% 7.7% 8.2%

Source: Zillow

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

4

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

Sold Property Analysis

Averages 97.2% Homes sold for an average of 97.2% of their list price. 56

Days on market It took an average of 56 days for a home to sell.

Analysis

ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

32 Bogard Street 40 Morris Street 59 Cannon Street

- - -

$909,000 $1,200,000 $1,700,000 $1,269,666

- - -

81 31

$437

$1,224

-

$895

Averages

Inf% 56

$852

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

5

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

32 Bogard Street Charleston, SC 29403

MLS #21024781

$909,000 CLOSED 12/22/21

3 Beds 3.00 Baths

2,080 Sq. Ft. ($437 / sqft) Days on market: 81

Year Built 1880

Details Prop Type: Single Family Detached County: Charleston Area: 51 - Peninsula Charleston Inside of Crosstown Features Sf Detached Style: Charleston Single Lot Description: Corner Lot Misc Exterior: Porch - Front Porch Roof: Metal Exterior: Wood Siding Foundation: Crawl Space Garage/Parking: Off-Street Parking

Subdivision: Elliotborough Full baths: 2.0 Half baths: 1.0 Acres: 0.06

Lot Size (sqft): 2,613 List date: 9/9/21 Off-market date: 12/22/21 Updated: Dec 22, 2021 9:24 AM

List Price: $955,000 High: Burke Middle: Simmons Pinckney Elementary: Mitchell

Stories/Levels: 2 Stories Misc Interior: Ceilings - 9'+, Kitchen Island, Ceiling - Smooth, Window Treatments - Some, Walk-In Closets List Price/Acre: 459.13 New Owned: Pre-Owned Master Bedroom: Ceiling Fan, Upstairs, Walk-In Closets Cooling: Central Air Floors: Wood

Equipment/Appliances: Ceiling Fan, Dishwasher, Dryer Connection, Gas Range, Refrigerator, Washer Hookup Water/Sewer: Public Sewer, Public Water Heating: Heat Pump Utility Suppliers: Charleston Water Service, Dominion Energy

Rooms: Eat-In-Kitchen, Formal Living, Foyer, Living/Dining Combo, Office Sq Ft Source: Tax Records Legal Description: LT G-66 Potential Short Sale: No Variable Comp: Yes Limited Service: No Tax District: 71 - Charleston Peninsula

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

6

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

Remarks Located in the heart of downtown Charleston, this charming and renovated Charleston single is centrally located in the Elliotborough neighborhood and offers easy access to local shops, parks and popular restaurants including Chubby Fish, Sightsee, Malagon, Bistronomy, Chez Nous and more. The home is also just three blocks from King Street and walking distance to MUSC and the College of Charleston. The exterior of the home offers a private entrance with two covered porches and ample off-street parking. The traditional floor plan features a formal living room with an exposed brick fireplace and an updated open living, dining and kitchen area complete with a center island, stainless appliances and custom cabinets. The primary bedroom suite is located on the second floor and includes a

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

7

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

32 Bogard Street Charleston, SC 29403

MLS #21024781

$909,000 CLOSED 12/22/21

3 Beds 3.00 Baths

2,080 Sq. Ft. ($437 / sqft) Days on market: 81

Year Built 1880

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

8

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

32 Bogard Street Charleston, SC 29403

MLS #21024781

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

9

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

10

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

40 Morris Street Charleston, SC 29403

MLS #21026515

$1,200,000

3 Beds 3.00 Baths

980 Sq. Ft. ($1,224 / sqft) Days on market: 31

Year Built 1872

CLOSED 1/31/22

Details Prop Type: Single Family Detached County: Charleston Area: 51 - Peninsula Charleston Inside of Crosstown Features Sf Detached Style: Charleston Single Lot Description: Level, 0 - .5 Acre Misc Exterior: Fence - Partial, Patio, Fence - Private, Porch - Front Porch Roof: Architectural Exterior: Wood Siding Foundation: Crawl Space Stories/Levels: 1 Story Misc Interior: Ceiling - Beamed, Ceiling - Cathedral/Vaulted, Ceiling - Smooth

Subdivision: Cannonborough- Elliottborough Full baths: 3.0 Acres: 0.05 Lot Size (sqft): 2,178

List date: 9/30/21 Off-market date: 1/31/22 Updated: Jan 31, 2022 9:26 AM List Price: $1,265,000 Taxes: $3,904

High: Burke Middle: Simmons Pinckney Elementary: Memminger

List Price/Acre: 1290.82 New Owned: Pre-Owned Master Bedroom: Ceiling Fan, Downstairs Cooling: Central Air Floors: Ceramic Tile, Wood Equipment/Appliances: Ceiling Fan, Dishwasher, Dryer, Dryer Connection, Electric Range, Hot Tub/Spa, Refrigerator, Stacked Washer/ Dryer, Washer, Washer Hookup Water/Sewer: Public Sewer, Public Water

Utility Suppliers: Charleston Water Service, Dominion Energy Special: Flood Insurance Amenities: Cable TV, Trash Rooms: Living/Dining Combo Sq Ft Source: Hired Measurement Assessment Ratio: .06 Not Classified for Low Ratio Legal Description: 40 MORRIS Ground Level: No Potential Short Sale: No

Auction: No Special Assessment: No Variable Comp: No Limited Service: No Tax District: 71 - Charleston Peninsula

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

11

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

Remarks This single family property has undergone extensive renovations in 2021, transformed with luxury finishes throughout. The meticulous property offers a spacious & tranquil great room, filled with natural light. Bedrooms & en-suite baths are private & comfortable. Outside you will find a beautifully hardscaped driveway and patio with a hot tub, gas fire pit and new palm trees in the back. Located in the short term overlay and zoned CT, this property is legally zoned for short term rentals allowing you to maximize rental income while acquiring favorable debt. Brand new luxury furniture and decor (*small exclusion list*) to convey.

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

12

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

40 Morris Street Charleston, SC 29403

MLS #21026515

$1,200,000

3 Beds 3.00 Baths

980 Sq. Ft. ($1,224 / sqft) Days on market: 31

Year Built 1872

CLOSED 1/31/22

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

13

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

40 Morris Street Charleston, SC 29403

MLS #21026515

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

14

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

15

Comparative Market Analysis

10 Ashe Street, Charleston, South Carolina 29403

59 Cannon Street Charleston, SC 29403

MLS #21033194

$1,700,000 CLOSED 12/30/21

3 Beds 3.00 Baths

1,900 Sq. Ft. ($895 / sqft) Days on market: 0

Year Built 1852

Details Prop Type: Single Family Detached County: Charleston Area: 51 - Peninsula Charleston Inside of Crosstown

Subdivision: Cannonborough- Elliottborough Full baths: 2.0 Half baths: 1.0 Acres: 0.07

Lot Size (sqft): 3,049 List date: 12/30/21 Off-market date: 12/30/21 Updated: Dec 30, 2021 7:07 AM List Price: $1,700,000

High: Burke Middle: Simmons Pinckney Elementary: Mitchell

Features Sf Detached Style: Charleston Single

Water/Sewer: Public Sewer, Public Water Sq Ft Source: Builder/Owner Legal Description: sold purposes only

Potential Short Sale: No Variable Comp: No Limited Service: No

Tax District: 99 - City of Charleston

List Price/Acre: 894.74 New Owned: Pre-Owned

Remarks limited business zoned STR sold with furnishings, no parking. Business not included with sale

Susan Matthews Coldwell Banker Realty Cell: 843-800-0921 [email protected] | www.SusanMatthewsRealtor.com

16