New Listing in the OV :: 301 Center Street

Available for $1,385,000

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Lovely Lowcountry home located in the Historic District of the Old Village, close to Alhambra Hall and The Pitt Street Bridge.

Elevated construction with 4 bedrooms, 4.5 baths, and approximately 3000 square feet.

Recently renovated with open concept, Shiplap walls, wide-plank heart pine floors, 10 foot ceilings and more.

Features include:

*Inviting full-length front porch with ceiling fans, custom lanterns and views of Center and Pitt Streets.

*Charming foyer leading to open living room/ dining/ kitchen with tons of natural light

*Double French doors open to a spacious back screened porch with vaulted ceiling

*First floor master suite with newly renovated master bath includes tiled shower, dual vanity, and large walk in closet with custom built-in shelves

*Fabulous home office off master bedroom with wood trimmed walls, vaulted ceiling and built-in shelves

*Ground level features a 2- car garage with tons of storage

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For more information, contact Jackie Kelly at jackie@thecassinagroup.com or 843.991.9111.

 

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2300 Beckenham Drive- Park West- Deep Water Dock

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DEEP WATER DOCK WITH 9 FEET AT LOW TIDE! Need I say more?!

Located in lovely Park West, you will love this custom Lowcountry home with dock on the Wando River, located on a private cul-de-sac in Masonborough. The panoramic water views along with Charleston charm make this home a one of a kind find! The home has a great layout for everyday living and entertaining with a formal dining room, living room, great room and an eat-in chef’s kitchen on the main floor. The master bedroom suite is also located on the main floor, with four large bedrooms and a flex space on the next level. High-quality craftsmanship abounds with luxurious features including Travertine and hardwood floors, multiple fireplaces, coffered ceilings, wainscoting, built-in cabinets, granite counters and so much more. The home also boasts many outdoorliving spaces including a covered front porch, deck, private backyard and a rooftop sundeck with panoramic views of the water.

Additional features of this stunning home include:

*Dual staircase leading to a grand front porch with columns, Travertine stone flooring, stunning mahogany French doors flanked with floor-to-ceiling shutters, tongue and groove ceiling and gas lanterns.

*2-story foyer with Travertine flooring, direct view of the water and sweeping staircase to 2nd floor *Travertine stone and Caribbean Walnut Hardwood flooring throughout main and upper level. Hand scraped hardwood and Travertine in lower level.

*Formal dining room with gas fireplace, wainscoting, coffered ceiling and French doors leading to front porch

*Formal living room/ library, currently being used as a billiards room, with wood-lined walls, built in cabinetry, coffered ceiling and 2nd gas fireplace

*Fully equipped Chef’s kitchen with commercial grade appliances – AGA stove and oven with pot filler, Sub-Zero refrigerator, and Dacor oven, warming drawer, microwave and wine cooler

*Amazing, over-sized back porch overlooking a very private back yard with water views, featuring Travertine floor, tongue and groove ceiling, with fans and gas lanterns

*First floor master bedroom with double doors leading to back porch *Spacious master bathroom with double sinks, walk-in, rain head shower, jacuzzi tub, double walk-in closets and stacked washer/ dryer

*Second floor with open loft/ flex space and four large bedrooms (two are en-suite and two share a Jack-n-Jill bath)

*Second floor laundry room with granite counter, wash sink and built in cabinetry

*Spiral stair case from second level porch to top sundeck with panoramic water views *Basement/ Garage level with 3 bay, 4 car garage and tons of storage.

*Lower level features a large family room with French doors that access the ground d level patio, built in cabinetry with sink and built in beverage cooler

*Outdoor kitchen includes crab pot filler and high output gas burner, cut out for a Big Green Egg, 5 burner gas grill and pot burner

*Pergola overlooking a fantastic oversized paver patio with in-ground fire feature! Perfect for year-round entertaining

*Adorable brick-walled home office which could be turned into a wine cellar *10 foot ceilings throughout, extensive trim and moldings, window box seats, wired for sound, Nest thermostat, central vacuum, wood shelves in closets, elevator shaft for all 3 levels

*The dock is accessible through an easement on the neighbor’s property with a shared walkway. The property has its own pier head and floater. Pilings can accommodate a boat lift. True deep water even at low tide, a rare find!

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MLS #18005225

Offered at $1,499,999

For more information, contact Jackie Kelly at 843.991.9111 or jackie@thecassinagroup.com

2018 Real Estate Mkt: The Year of the Seller

Interesting article by Jotham Sederstrom, who has written about politics, finance, real estate, criminal justice and advertising for publications including The New York Times, Adweek, Spin, The New York Observer and The New York Daily News. A native Nebraskan, he now lives with his wife and son in Brooklyn.  Below is his forecast for the 2018 Real Estate Market.
Will 2018 be a buyer’s market or a seller’s market?

Real estate experts and economists agree sellers will continue to hold the cards

 

BYJOTHAM SEDERSTROM Staff Writer

DEC 26 

With inventory at historically low levels and demand for housing skyrocketing in most markets, economic analysts and real estate experts believe 2018 will be the Year of the Seller.

 With few exceptions, analysts contacted by Inman News forecasted yet another year in which a scarcity of homes in the real estate market will allow private and institutional sellers to keep prices high, especially as a growing segment of first-time millennial buyers take the homeownership plunge.

 “Clearly, 2018 appears to be another seller’s market,” said Mark Fleming, chief economist at First American Financial Corporation. “The shortage of supply relative to increasing millennial demand will not change next year. In fact, it may be exacerbated as more millennials decide to become homeowners and more sellers become prisoners in their own homes, as mortgage rates rise and fear of not being able to find something to buy increases.”

Low inventory, perhaps more than any other economic driver, will be a major hurdle for buyers in the coming year. Indeed, even as overall housing starts spiked to 1.297 million units in November, most experts believe bouncing back to a 50-year average of 1.5 million new units will be no easy task — and until then, the listings shortage will dramatically affect pricing, for better or for worse.

“Builders have been ramping up somewhat over the past year, and that should continue going forward,” said Svenja Gudell, chief economist at Zillow. “But in order to satisfy demand from entry-level buyers in particular, builders will need to find more affordable sites farther from job centers — and it’s unclear if buyers will be willing to sacrifice their commutes for affordable homes as they did in years past. And in general, it will take many years of above-average building activity to help erase the housing deficit we’ve created after years of under-building.”

According to Redfin’s 2018 housing market forecast, a whopping 25 percent of homes sold within two weeks or less during the peak of the buying season in 2017, and nearly one in five homes, or 19 percent, left the market in less than a week.

But mortgage rates, which are expected to rise, on average, to just 4.5 percent by the end of 2018 — and changes to the tax code that may deincentivize homeownership, could tip the balance of power to buyers and give them more room to negotiate, especially in luxury markets.

“I think you’re going to see sellers have less pricing power than they did this year, particularly in states like New York and California,” said Nela Richardson, chief economist at Redfin. “Buyers are going to be ready to play hardball because they’re not getting as much from buying the house as they did this year. And maybe less pricing power in other places, too, because consumers can only pay so much and prices have gone up so strongly.”

Lawrence Yun, chief economist at the National Association of Realtors, echoed a similar sentiment: “The housing shortage will still persist in many markets due to the legacy of slow rate of homebuilding over the past decade,” Yun said. “But due to the tax reform providing less financial benefit to be a homeowner, the overall price increase will be much softer in 2018, by 2-4 percent.”

Added Steve Cook, a real estate communications consultant at commsconsulting.com:

“The inventory drought will continue to be enough of a factor to keep supplies below normal. Most markets will continue to be sellers’ markets, especially for entry-level homes, hotter markets and markets where prices are high and new construction is costly, like the Pacific Coast. Luxury and premium markets will be more evenly split between buyers and sellers.”

Email Jotham Sederstrom

 

Just Listed :: 706 Simmons Street

New construction on a large lot with 5 bedrooms, 3 baths & 3482 square feet. Offered at $1,365,000. For more information,  click here.

Simmons KitchenSimmons Exterior FrontSimmons BackyardSimmons LivingSimmons BathSimmons PorchSimmons Back PorchSimmons Backyard 2

Features include:

*Lovely brick-lined walkway leading to a charming front porch with elegant mahogany exterior doors

*10-foot ceilings, 4-inch oak flooring, wood-planked/Shiplap walls, custom light fixtures, and solid core 5 panel doors

*Gourmet kitchen with stunning, oversized marble island (12 feet)

*Living room with gas fireplace and reclaimed mantle and large windows that offer tons of natural light

*Large, private back yard, fully fenced and surrounds a beautiful oak tree

 

For more information and/or to schedule a showing, contact Jackie Kelly at 843.991.9111 or Jackie@thecassinagroup.com.

 

 

 

 

New Listing in the Old Village: 517 Royall Ave

Spacious Old Village 4 bedroom, 3.5 bath home with over 3500 square feet on a beautiful private lot with in-ground pool! Offered at $1,349,00.  Click here to see more, SearchOldVillage.com

Features include: *Large living room with many windows and fireplace *Spacious kitchen/ dining area, completely renovated with granite countertops, sea-glass tile back splash, stainless appliances, gas range and butler’s pantry *9+ foot ceilings, crown molding and beautiful hardwood floors throughout *Double doors lead to the private, fully-fenced back yard with pool *First floor bedroom with private bath *Second floor features include a large family room with hardwood floors and 9+ foot ceilings *Master suite with walk-in closets, huge bathroom with double sinks, soaking tub and stand-up shower *Two additional bedrooms with shared bath *Third floor offers a huge bonus room – perfect for home office, gym and/ or media room. *Detached garage.

 

For more information and/or to schedule a showing, contact Jackie Kelly at 843.991.9111 or jackie@thecassinagroup.com

JUST SOLD IN THE OLD VILLAGE/ OLD MT. PLEASANT

I have had the best time helping folks find their new homes in our neighborhood!  Whether you are a buyer or a seller, I am happy to help you find the perfect match.
1479 Seminole Street
4 beds, 2.5 baths  
$706,000
1470 Seminole Street
4 beds, 4 baths
$775,000
211 Haddrell Street
3 beds, 1 bath
$645,000
212 Freeman Street
3 beds, 2.5 baths
$784,000
845 Marsh Grove Avenue
4 beds, 2.5 baths
$1,071,250

 

Please let me know if I can help with your real estate needs!  To see all homes for sale in the neighborhood, visit www.SearchOldVillage.com and if you would like to receive a listing homes SOLD in the area, email me at Jackie@TheCassinaGrouop.com

~Jackie

 

 

Open House: 1470 Seminole St.- Old Mt. Pleasant- This Sat & Sun from 10-12pm

Please come by and see this beautifully renovated home!
Open House will be this Saturday, July 29 from 10am-12pm and
Sunday from 10am-12pm.
Seminole 1
1470 Seminole Street   ::   $778,500
*Everything is brand new in this fully renovated 4 bedroom, 4 bath, 2000 square foot home.  
*Lovely front porch
*Open-flow Dining/Kitchen with Shadow Storm Marble island, gas range with custom hood, stainless undermount sink, new cabinets, new stainless appliances, decorative light fixtures and pantry
*Beautiful Oak Flooring throughout the home
*Dining/ kitchen area leads to a fantastic screened porch- also accessible from the private Master Suite
*Separate master suite with vaulted ceiling and walk-in closet.
*Master bath includes double Quartz vanity, oversized stand-up tiled shower with bench seat.
*3 additional bedrooms are spacious (one of which could double as a second master suite)  
*3 additional bathrooms for a total of 4 *Walk-in laundry/ mud room with Barn Door
*Private fully fenced, back yard with new landscaping and storage shed
*Hardiplank exterior
*New roof
*New plumbing and electrical throughout
*New tankless hot water heater
*Wood-planked ceiling in main living area
*Closets feature built-in wood shelving
*Outdoor shower with hot and cold water
*Flood insurance not required
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