CompCasa Property Analysis · single_family

44 Dereef Court

Contemporary Charleston Single — Private Top-Floor Primary Suite

Modern 4BR/3BA home in Morris Square, steps from King Street

4 beds3 baths2,039 sq ftBuilt 20190.02 acresnone
CompCasa valuation analysis
Estimated market value
$1,300,000
Low $1,250,000 · Midpoint $1,300,000 · High $1,350,000
Confidence85%Sales comparison approach
Last recorded sale$750,000Jul 12, 2019
Assessed value$750,0002022 assessment
CompCasa estimate$1,300,000Mar 6, 2026
Estimate vs. last recorded sale+$550,000 / +73.3%
$1,250,000$1,300,000 midpoint$1,350,000
Price / sq ft$637
Median sale price$1,000,000
Avg days on market64 days
Inventory2.5 months

Sales comparison approach using recent sales of similar properties within the Morris Square community and surrounding area. Adjusted for size, condition, and location. Assessed value of $750K appears below current market value.

About the property

Contemporary Charleston Single — Private Top-Floor Primary Suite

The most striking feature of 44 Dereef Court is the private primary suite occupying the entire third floor — a true retreat above the bustle of downtown Charleston. Climb to the top level and you’ll find a generous footprint, vaulted ceiling volume and the kind of privacy rare in an urban home. Built in 2019 with modern Charleston Single proportions, this residence pairs contemporary finishes with traditional proportions: hardwood floors flow through expansive rooms while high ceilings and clean millwork keep the spaces feeling open and refined.

The main living level centers around an open-plan living and dining area that stretches from front to back, ideal for both everyday routines and entertaining. The kitchen is outfitted with stainless steel appliances and a pantry for practical storage; durable cement siding and a metal roof emphasize low maintenance and longevity. One of the property’s practical advantages is a main-level bedroom with an en-suite bath — perfect for guests, multigenerational living, or a dedicated home office with private access.

Designed for downtown life, the house makes efficient use of its 2,039 square feet and compact 0.02-acre lot. Outdoor obligations are minimal thanks to the metal roofing and modern exterior materials; meanwhile, a private driveway that fits two vehicles is a rare and valuable amenity in this neighborhood. Systems include central air and electric heat, and the overall condition is described as excellent — a move-in-ready option for professionals, faculty, or a family seeking an urban base.

Placement in the Morris Square pocket of Cannonborough-Elliotborough is where lifestyle and location converge. You’re 0.2 miles from King Street’s shops and restaurants, 0.3 miles from the Medical University of South Carolina, and a short walk to the College of Charleston and Marion Square. Cultural destinations like the Charleston City Market are within walking distance, making errands, dining, and weekend plans easily walkable. The neighborhood has seen steady revitalization, blending historic charm with contemporary construction, and this home captures that balance.

44 Dereef Court is an attractive mix of modern construction, smart floor planning, and downtown convenience. Its configuration — private top-floor primary, main-level en-suite, hardwood floors throughout, and off-street parking for two — makes it both practical and distinctive. For buyers prioritizing proximity to Charleston’s best dining, arts, and institutions while minimizing maintenance, this home is a rare downtown offering.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$1,200,000
Property address62 Dereef Ct, Charleston, SC 29403
4 bed3 bath2,123 sq ftBuilt 20180.1 mi1,307 sq ft lot$565/SF
Sold Nov 13, 2024
Subject difference
  • 84 SF larger
  • 436 SF larger lot
  • 1 year older
Research comparison noteSimilar modern construction within Morris Square community
02Sold price$1,025,000
Property address26 Dereef Ct, Charleston, SC 29403
3 bed3 bath1,874 sq ftBuilt 20180.1 mi1,307 sq ft lot$547/SF
Sold Sep 9, 2024
Subject difference
  • 165 SF smaller
  • 1 fewer bedroom
  • 436 SF larger lot
  • 1 year older
Research comparison noteSlightly smaller with one less bedroom
03Sold price$615,000
Property address46 Dereef Ct, Charleston, SC 29403
4 bed4 bath1,827 sq ftBuilt 20190.1 mi871 sq ft lot$337/SF
Sold Mar 16, 2021
Subject difference
  • 212 SF smaller
  • 1 additional bathroom
  • Similar lot size
  • Same year built
Research comparison noteOlder sale; market has appreciated since
Comp methodology: Focused on recent sales and rentals within the Morris Square community for maximum relevance
Property details

A 2019 charleston single on 0.02 acres.

Building

Year built2019
ConstructionCement Siding And Stucco
RoofMetal
Heatingelectric
Coolingcentral air

Site & utilities

Lot size0.02 acres
Garagenone
Stories3
ConditionExcellent
BasementNone
FireplaceNo
Improvement notes4 bedrooms, 3 bathrooms, open floor plan, high ceilings, hardwood floors, modern kitchen with stainless steel appliances
Lot area871 sq ft
TopographyLevel
FrontageLocated within Morris Square community
ParkingOff Street
Parking spaces2
Parking notesPrivate driveway accommodating 2 vehicles
AccessAccess via Dereef Court within Morris Square community
WaterPublic
SewerPublic
ElectricDominion Energy
Location & nearby

Cannonborough-Elliotborough

Researched nearby locations

King Street shopping and dining district (0.2 mi)
Medical University of South Carolina (0.3 mi)
College of Charleston (0.5 mi)
Marion Square Park (0.4 mi)
Charleston City Market (0.7 mi)

Location

44 Dereef Court, Charleston, SC 29403

View in Google Maps
Editorial neighborhood context

Cannonborough-Elliotborough blends historic Charleston character with contemporary urban amenities. The neighborhood has seen significant revitalization, attracting professionals, faculty, and families who value proximity to King Street, MUSC, and the College of Charleston. Sidewalk-lined streets lead to a wide array of cafés, craft cocktail bars, boutiques, and weekly events at Marion Square. While public school ratings vary, the area offers many private and charter school alternatives and easy access to medical and cultural institutions. The result is an energized downtown lifestyle with both neighborhood intimacy and city-scale convenience.

Nearby access summary

Very good urban recreation access with Marion Square park, Charleston City Market, nearby college campus green spaces, and a short walk to King Street dining and cultural attractions.

ElementaryMemminger Elementary School (2/10)
Middle schoolSimmons Pinckney Middle School (4/10)
High schoolBurke High School (1/10)
School districtCharleston County School District
Market context

A factual market snapshot around 44 Dereef Court.

Median sale price$1,000,000
Avg days on market64 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Downtown Charleston remains a seller-leaning market with constrained supply and steady demand for urban single-family homes. Inventory in this corridor is roughly 2.5 months, signaling limited choices for buyers; median sale price in the area is about $1,000,000 with one-year appreciation around 5% and five-year appreciation near 25%. Recent Morris Square sales show strong per-square-foot pricing — comparable closed sales on Dereef Court recorded $1,200,000 and $1,025,000 in late 2024, reinforcing a valuation band centered near $1.25M–$1.35M. Average days on market locally sits near 64 days, indicating properties priced correctly still sell briskly but buyers have room to act thoughtfully.

Single-family homes in Cannonborough-Elliotborough outperform many outer neighborhoods because of walkability and proximity to King Street, MUSC, and the College of Charleston. For investors, rental demand is robust — modeled rent for a 4BR downtown unit is approximately $5,000/month with gross yield near 4.6% — though owners should factor in seasonal tourist fluctuations. Given limited inventory, strong local amenities, and consistent appreciation trends, now is a compelling time for buyers seeking long-term value and immediate lifestyle benefits in the Morris Square submarket.

Zoning & land use

Diverse Residential (Duplexes and Single-Family)

Zoning

Zoning codeDR-2F
DescriptionDiverse Residential (Duplexes and Single-Family)
JurisdictionCity of Charleston
Assessor useResidential Single Family
Current useResidential
SetbacksPer City of Charleston zoning regulations

Research-indicated uses

  • Single Family
  • Duplex
  • Accessory Dwelling Unit
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$355,000
Assessed improvements$395,000
Total assessed$750,000
Assessment year2022
Annual property tax$11,982
Tax year2022

Sale history

2019-07-12$750,000 · $370/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$4,326/mo
Property address7 Dereef Ct, Charleston, SC 29403
3 bed3 bath1,610 sq ft$2.69/SF
Leased Aug 1, 2025
Subject difference
  • 429 SF smaller
  • 1 fewer bedroom
Research comparison noteFully furnished; each room with a queen size bed, walk-in closet, and private bathroom
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Purchased in July 2019 for $750,000; current estimated value around $1,300,000
  • Located in the revitalized Cannonborough-Elliotborough neighborhood
  • Proximity to major educational and medical institutions enhances desirability
  • Modern infrastructure reduces maintenance concerns associated with older homes
  • Limited inventory in downtown Charleston contributes to strong market demand

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly pulled
  • Confirm zoning regulations and any overlay district restrictions
  • Professional home inspection
  • Review HOA covenants and fees
Highlights & features

What stands out about this property.

Interior Features

  • 4 bedrooms, 3 bathrooms
  • Primary suite occupies entire third floor
  • Main-level bedroom with en-suite bathroom
  • Hardwood floors throughout
  • High ceilings and open living spaces
  • Kitchen with stainless steel appliances and pantry
  • Central air conditioning; electric heat

Exterior & Lot

  • 0.02-acre lot (approx. 871 sq ft)
  • Cement siding and stucco construction
  • Metal roof for durability and low maintenance
  • Private driveway accommodating two vehicles
  • Level lot within Morris Square community

Location & Neighborhood

  • Morris Square community in Cannonborough-Elliotborough
  • 0.2 mi to King Street shopping & dining district
  • 0.3 mi to Medical University of South Carolina (MUSC)
  • 0.5 mi to College of Charleston
  • 0.4 mi to Marion Square Park; 0.7 mi to Charleston City Market

Walkability & Recreation

  • Walkability Rating: 92/100 — Very Walkable
  • Marion Square Park (0.4 mi)
  • King Street shopping and dining district (0.2 mi)
  • College of Charleston campus (0.5 mi)
  • Charleston City Market (0.7 mi)
  • Close access to cultural venues, restaurants, and urban parks
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin property listing for 44 Dereef CtView source
2
Zillow property listing for 44 Dereef CtView source
3
Weichert property listing for 44 Dereef CtView source
4
Akers Ellis Real Estate listing for 44 Dereef CtView source
5
JPAR Real Estate listing for 44 Dereef CtView source
6
Search for Charleston Real Estate listing for 44 Dereef CtView source
7
Beach Homes Realty listing for 44 Dereef CtView source
8
Realtor.com listing for 43 Dereef CtView source
9
Zillow listing for 7 Dereef CtView source
10
Zillow listing for 62 Dereef CtView source
11
Zillow listing for 26 Dereef CtView source
12
Compass listing for 46 Dereef CtView source
13
Compass listing for 59 Dereef CtView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.