NOT LISTED FOR SALE

1003 Reserve Way Summerville, SC 29485

Estimated Value: $198,000 - $266,000

2 Beds
2.5 Baths
1,155 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $245,000 $212 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,848/month

77 Days on Market

Highlights

  • Boat Ramp
  • Two Primary Bedrooms
  • Community Pool
  • Fort Dorchester High School Rated A-
  • Cathedral Ceiling
  • Front Porch

About This Home

As of April 2024

Welcome home to this beautifully renovated two-story townhome in Kings Grant, conveniently located in the heart of the Summerville Ladson/Oakbrook area and just minutes from an abundance of shopping and dining, parks, Boeing, Bosch, Joint Base Charleston and Charleston International Airport. New architectural roof in 2023. A welcoming front porch invites you in, and a spacious open floor plan greets you with new Pergo waterproof laminate flooring and paint throughout. The living room boasts a cozy wood burning fireplace with new shiplap mantle, while the well-equipped kitchen has plenty of counter and cabinet space and a cute pass-through window to the living area. Storage under stairs. Dual master bedrooms with vaulted ceilings are upstairs, each with large double closets andnewly renovated bathrooms including updated vanities, and laundry room between. There is a fenced-in backyard with patio and huge outdoor enclosed storage space, and a pond behind visible from the second floor! Enjoy access to the Ashley River via community boat landing/dock and other amenities including community pool, clubhouse, tennis courts, picnic area, playground and walking trails, available with paid membership. Make this your home or buy as an investment property for passive income.

Last Agent to Sell the Property

Jean-Paul Hill

NextHome The Agency Group License #126606 Listed on: 12/16/2023

NextHome The Agency Group

Last Buyer's Agent

Nicole Lemieux

Matt O'Neill Real Estate License #136104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1991

Lot Details

  • 1,307 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,155 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Laminate Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Dual Closets

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Oakbrook Elementary School
  • River Oaks Middle School
  • Ft. Dorchester High School

Utilities

  • Central Air
  • No Heating

Community Details

Overview

  • Club Membership Available
  • Kings Grant Subdivision

Recreation

  • Boat Ramp
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$972

Year Built

Built in 1991

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.03
  • Ownership: Fee Simple
  • Subdivision Name: Kings Grant
  • Directions: On Dorchestor Rd In Ladson, You Will Pass Walmart And Ford Which Will Be On Your Left; And Then Next Right After The Ford Dealership Into Kings Grant Subdivision Onto Seven Oaks Ln, And Make Your First Left Onto Fairington Dr. Reserve Way Will Be On Your Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Ground Level
  • Fireplace Features: Family Room, One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling Fan(s), Living/Dining Combo, Utility
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Multiple Closets
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Dorchester Cnty Water and Sewer Dept
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club Membership Available, Pool
  • Association Fee: 214.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Oakbrook
  • High School: Ft. Dorchester
  • Middle Or Junior School: River Oaks

Lot Info

  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 1621305023
  • Tax Annual Amount: 972.05

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Mar 25, 2024
Sold by
Jackson R/E Inv Group Llc
Bought by
Baldwin Kenneth and Baldwin Katherine Elizabeth
Seller's Agent
Jean-Paul Hill
NextHome The Agency Group
Buyer's Agent
Nicole Lemieux
Matt O'Neill Real Estate
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Views
78
Current Estimated Value
$235,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,983
Avg. Annual Appreciation
-2.87%

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 13, 2023
Sold by
Coaxum Simone
Bought by
Jackson Real Estate Investment Group Llc
Seller's Agent
Voyagis Mitchell
NextHome The Agency Group
Buyer's Agent
Jean-Paul Hill
NextHome The Agency Group
List Price
$240,000
Sold Price
$200,000
Premium/Discount to List
-$40,000
-16.67%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.62%

Purchase Details

Listed on
Jul 5, 2018
Closed on
Aug 9, 2018
Sold by
Moore Jane M
Bought by
Coaxum Simone
Seller's Agent
Susan Nicholson
Carolina One Real Estate
Buyer's Agent
Keven Beach
Carolina One Real Estate
List Price
$120,000
Sold Price
$123,500
Premium/Discount to List
$3,500
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$117,325
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Moore Marsha R and Moore Clifford T
Bought by
Moore Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
4.76%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 26, 2004
Sold by
Parker Karen
Bought by
Moore Marsha R and Moore Clifford T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baldwin Kenneth $245,000 South Carolina Title
Jackson Real Estate Investment Group Llc $200,000 None Listed On Document
Coaxum Simone $123,500 None Available
Moore Jane M $103,000 --
Moore Marsha R $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coaxum Simone $117,325
Previous Owner Moore Jane M $82,400
Previous Owner Hollon Andrea L $109,155
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $245,000 -1.8% $212 / Sq Ft
02/23/2024 02/23/24 Price Changed $249,500 -2.1% $216 / Sq Ft
02/12/2024 02/12/24 Price Changed $254,900 -1.6% $221 / Sq Ft
12/16/2023 12/16/23 For Sale $259,000 +29.5% $224 / Sq Ft
09/18/2023 09/18/23 Sold $200,000 -3.4% $173 / Sq Ft
08/14/2023 08/14/23 Price Changed $207,000 -8.0% $179 / Sq Ft
08/03/2023 08/03/23 Price Changed $225,000 -6.3% $195 / Sq Ft
07/14/2023 07/14/23 For Sale $240,000 +94.3% $208 / Sq Ft
08/10/2018 08/10/18 Sold $123,500 +2.9% $107 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $120,000 -- $104 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $4,355 $11,923 $4,500 $7,423
2023 $4,355 $4,920 $1,000 $3,920
2022 $972 $4,920 $1,000 $3,920
2021 $972 $4,920 $1,000 $3,920
2020 $878 $3,420 $1,000 $2,420
2019 $851 $3,420 $1,000 $2,420
2018 $314 $3,420 $1,000 $2,420
2017 $312 $3,420 $1,000 $2,420
2016 $306 $3,420 $1,000 $2,420
2015 $305 $3,420 $1,000 $2,420
2014 $400 $102,700 $0 $0
2013 -- $4,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 23028049

CHS Regional MLS

APN: 162-13-05-023