K
Seller's Agent in 2023
Kelly Mcewen
The Properties SC, LLC
2 in this area
24 Total Sales
1402 Thompson Ave Sullivans Island, SC 29482
Sullivan's Island Neighborhood
3
Beds
2
Baths
1,961
Sq Ft
6,534
Sq Ft Lot
Highlights
- Wood Flooring
- Separate Formal Living Room
- Cottage
- Sullivans Island Elementary School Rated A
- Tennis Courts
- Beamed Ceilings
About This Home
As of May 2023Sullivan's Island's most charming cottage is located on Thompson Avenue. Hardwood floors flow seamlessly throughout this open, one-story floor plan. A large sitting area and dining room lead to a completely renovated gourmet kitchen. Just off the kitchen, an inviting family room features a gorgeous exposed beam ceiling and fireplace. The master bedroom includes a large walk-in closet, while the other two additional bedrooms share a Jack-n-Jill bathroom. There is also a detached two-car garage that provides space for an artist studio, an office, and an upstairs storage room with hardwood floors and bead-board detailing. The mature, lush yard is well-landscaped with beautiful trees and a slated courtyard in between the home and the garage.
Last Agent to Sell the Property
Daniel Ravenel Sotheby's International Realty License #77338 Listed on: 02/17/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,404
Year Built
- Built in 1918
Lot Details
- 6,534 Sq Ft Lot
- Wood Fence
- Level Lot
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Cottage
- Metal Roof
- Wood Siding
Interior Spaces
- 1,961 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Smooth Ceilings
- Ceiling Fan
- Wood Burning Fireplace
- Gas Log Fireplace
- Window Treatments
- Family Room
- Separate Formal Living Room
- Formal Dining Room
- Den with Fireplace
- Crawl Space
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Separate Outdoor Workshop
- Front Porch
Schools
- Sullivans Island Elementary School
- Laing Middle School
- Wando High School
Utilities
- Cooling Available
- Heat Pump System
- Tankless Water Heater
Community Details
Overview
- Sullivans Island Subdivision
Recreation
- Tennis Courts
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2023
Closed on
May 11, 2023
Sold by
Hopkins Courtney K
Bought by
Larry R Morris Trust and Morris
Seller's Agent
Kelly Mcewen
The Properties SC, LLC
Buyer's Agent
Joy Morris
The Properties SC, LLC
List Price
$2,735,000
Sold Price
$2,886,000
Premium/Discount to List
$151,000
5.52%
Views
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,878
Avg. Annual Appreciation
3.87%
Original Mortgage
$2,886,000
Outstanding Balance
$2,819,519
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Estimated Equity
$303,359
Purchase Details
Listed on
Feb 17, 2020
Closed on
Aug 24, 2020
Sold by
Colmar Steven P and The Colmar Family Trust
Bought by
Hopkins Courtney K
Seller's Agent
Anne Black
Daniel Ravenel Sotheby's International Realty
Buyer's Agent
Ruthie Ravenel
Daniel Ravenel Sotheby's International Realty
List Price
$1,375,000
Sold Price
$1,375,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.20%
Original Mortgage
$1,237,500
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2018
Sold by
Colmar Donna Dewey
Bought by
Colmar Steven P and Colmar Family Trust
Purchase Details
Listed on
Jan 9, 2015
Closed on
Jul 29, 2015
Sold by
Hartness Gina C
Bought by
Colmar Donna Dewey
Seller's Agent
Tim Reese
Dunes Properties of Chas Inc
Buyer's Agent
Anne Black
Daniel Ravenel Sotheby's International Realty
List Price
$1,225,000
Sold Price
$1,225,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Purchase Details
Closed on
Mar 13, 2009
Sold by
Morris Carol A
Bought by
Hartness Gina C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.89%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,886,000 | None Listed On Document | |
| Deed | $1,375,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $1,225,000 | -- | |
| Deed | $998,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Credit Line Revolving | |
| Open | $2,886,000 | Credit Line Revolving | |
| Previous Owner | $700,000 | New Conventional | |
| Previous Owner | $1,200,000 | New Conventional | |
| Previous Owner | $1,237,500 | New Conventional | |
| Previous Owner | $405,000 | New Conventional | |
| Previous Owner | $344,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2023 05/22/23 | Sold | $2,886,000 | +5.5% | $1,309 / Sq Ft |
| 03/31/2023 03/31/23 | For Sale | $2,735,000 | +98.9% | $1,240 / Sq Ft |
| 08/28/2020 08/28/20 | Sold | $1,375,000 | 0.0% | $701 / Sq Ft |
| 07/29/2020 07/29/20 | Pending | -- | -- | -- |
| 02/17/2020 02/17/20 | For Sale | $1,375,000 | +12.2% | $701 / Sq Ft |
| 08/12/2015 08/12/15 | Sold | $1,225,000 | 0.0% | $625 / Sq Ft |
| 07/13/2015 07/13/15 | Pending | -- | -- | -- |
| 01/09/2015 01/09/15 | For Sale | $1,225,000 | -- | $625 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $46,317 | $56,600 | $0 | $0 |
| 2022 | $6,448 | $56,600 | $0 | $0 |
| 2021 | $6,496 | $55,000 | $0 | $0 |
| 2020 | $19,543 | $53,000 | $0 | $0 |
| 2019 | $18,404 | $73,500 | $0 | $0 |
| 2017 | $16,863 | $73,500 | $0 | $0 |
| 2016 | $16,248 | $73,500 | $0 | $0 |
| 2015 | $14,377 | $68,550 | $0 | $0 |
| 2014 | $11,332 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Mcewen
-
Jamey Mcewen
J
Seller Co-Listing Agent in 2023
Jamey Mcewen
The Properties SC, LLC
(973) 698-5731
1 in this area
21 Total Sales
-
Joy Morris
J
Buyer's Agent in 2023
Joy Morris
The Properties SC, LLC
(843) 478-2502
4 in this area
10 Total Sales
-
Anne Black
A
Seller's Agent in 2020
Anne Black
Daniel Ravenel Sotheby's International Realty
(843) 513-0999
1 in this area
16 Total Sales
-
Ruthie Ravenel
Buyer's Agent in 2020
Ruthie Ravenel
Daniel Ravenel Sotheby's International Realty
(843) 696-8858
6 in this area
177 Total Sales
-
Tim Reese
T
Seller's Agent in 2015
Tim Reese
Dunes Properties of Chas Inc
(843) 906-1861
10 in this area
17 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 20004671
APN: 523-07-00-013
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