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2795 Carolina Isle Drive CMA

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2795 Carolina Isle Drive CMA

Comparative Market Analysis

2795 Carolina Isle Drive, Mount Pleasant, South Carolina 29466 Family Representatives APRIL 23, 2022

Susan Matthews Coldwell Banker Realty

Comparative Market Analysis

2795 Carolina Isle Drive, Mount Pleasant, South Carolina 29466

Map of Comparable Listings

S = CLOSED

B = ACTIVE CONTINGENT

STATUS:

MLS #

STATUS

ADDRESS

BEDS

BATHS

SQFT

PRICE

ADJ PRICE

1

Subject

2795 Carolina Isle Dr 1573 Oakhurst Drive 1869 Palmetto Isle Drive 1805 Great Hope Drive 1425 Oakhurst Drive 2772 Latrobe Court

3 4 3 3 3 4

3.50 4.00 2.00 2.00 2.00 4.00

2,849 2,675 2,334 2,098 2,585 2,835

-

-

2 21024560 3 21021343 4 22006547 5 22006024 6 22008842

$715,000 $665,000 $705,000 $665,000 $760,000

$715,000 $665,000 $705,000 $670,000 $760,000

S

S

S

S

B

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

2

Comparative Market Analysis

2795 Carolina Isle Drive, Mount Pleasant, South Carolina 29466

Summary of Comparable Properties

S SOLD LISTINGS

ADJ $/SQ.FT

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

ADJ PRICE

1573 Oakhurst Drive

10/8/21 9/30/21 4/13/22 4/14/22

4 3 3 3

4.00 2,675 2.00 2,334 2.00 2,098 2.00 2,585

$715,000 $665,000 $705,000 $665,000

$267 $285 $336 $257

$715,000 $665,000 $705,000 $670,000 $688,750

$267 $285 $336 $259 $287

1869 Palmetto Isle Drive 1805 Great Hope Drive 1425 Oakhurst Drive

Averages

2,423

$687,500 $286

B BACKUP OFFER LISTINGS

ADJ $/SQ.FT

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

ADJ PRICE

2772 Latrobe Court

-

4

4.00 2,835

$760,000

$268

$760,000

$268

Averages

2,835

$760,000 $268

$760,000 $268

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

3

Comparative Market Analysis

2795 Carolina Isle Drive, Mount Pleasant, South Carolina 29466

Comparable Property Statistics

S 4 Sold Listings

LOWEST

AVERAGE

HIGH

AVG PRICE / SQFT $286

AVG DOM 6

$665,000

$687,500

$715,000

LOWEST

AVERAGE

HIGH

AVG DOM 6

AVG PRICE / SQFT $287

$665,000

$688,750

$715,000

B 1 Backup Offer Listings

LOWEST

AVERAGE

HIGH

AVG PRICE / SQFT $268

AVG DOM 3

$760,000

$760,000

$760,000

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

4

Comparative Market Analysis

2795 Carolina Isle Drive, Mount Pleasant, South Carolina 29466

Online Valuation Analysis

How accurate are Zestimates? 17.2% $119,600 Zestimates varied up to 17.2% or $119,600 compared to actual MLS prices.

4 Sold

S

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

1573 Oakhurst Drive

10/8/21 9/30/21 4/13/22 4/14/22

$715,000 $665,000 $705,000 $665,000

$834,600 $779,500 $662,400 $667,900

16.7% 17.2% -6.0% 0.4%

1869 Palmetto Isle Drive 1805 Great Hope Drive 1425 Oakhurst Drive

1 Backup Offer

B

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

2772 Latrobe Court

$760,000

$761,200

0.2%

Source: Zillow

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

5

Comparative Market Analysis

2795 Carolina Isle Drive, Mount Pleasant, South Carolina 29466

Sold Property Analysis

Averages 103.4% Homes sold for an average of 103.4% of their list price. 6

Days on market It took an average of 6 days for a home to sell.

Analysis

ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

1573 Oakhurst Drive

- - - -

$715,000 $665,000 $705,000 $665,000 $687,500

- - - -

2

$267 $285 $336 $259

1869 Palmetto Isle Drive 1805 Great Hope Drive 1425 Oakhurst Drive

17

2 3

Averages

Inf% 6

$286

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

6

Comparative Market Analysis

2795 Carolina Isle Drive, Mount Pleasant, South Carolina 29466

Suggested List Price

Analysis of the comparable properties suggests a list price of: $750,000 $263 / sqft

Comparable Averages per Status

S 4 Sold $687,500 $286 / sqft $688,750 $287 / sqft 6 Days on Market

B 1 Backup Offer $760,000 $268 / sqft 3 Days on Market

Additional Notes The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36

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