NOT LISTED FOR SALE

Estimated Value: $966,000 - $1,245,476

4 Beds
3 Baths
1,832 Sq Ft
$625/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $970,000 $529 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,956/month

7 Days on Market

Highlights

  • Boat Ramp
  • River Front
  • 0.8 Acre Lot
  • Floating Dock
  • Gated Community
  • Deck

About This Home

As of May 2024

Welcome to The Hammocks, a gated community situated on picturesque Edisto Island. Nestled on Scott Creek and overlooking the Atlantic Ocean, this elevated custom-built home offers hardwood floors throughout and four bedrooms, each with porch access to take in the beautiful setting and spectacular views. A shared walkway leads to your private dock, where you can swim, fish, kayak, paddleboard or boat. There is also plenty of storage beneath the home for all your beach toys. Less than an hour from downtown Charleston and just five minutes to the beach, this location is one of the most convenient and accessible on Edisto Island. This coastal home is pure Lowcountry bliss. In 2023, this property was on the rental market for 178 days and produced $48K in gross rental income. There is a potential for additional gross rental income if placed on the rental market for the entire year. The house is being sold furnished except for a few personal items from the owner's closet.

Last Agent to Sell the Property

Jane Dowd

William Means Real Estate, LLC License #53818 Listed on: 03/07/2024

Last Buyer's Agent

Trisha Nicholson

The Boulevard Company License #94085

The Boulevard Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,982

Year Built

  • Built in 1999

Lot Details

  • 0.8 Acre Lot
  • Property fronts a marsh
  • River Front
  • Level Lot
  • Tidal Wetland on Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Stubbed Gas Line For Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • River Access
  • Floating Dock
  • Deck
  • Screened Patio

Schools

  • Jane Edwards Elementary School
  • Colleton Middle School
  • Colleton High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank

Community Details

Overview

  • The Hammocks Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,982

Year Built

Built in 1999

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1999
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.8
  • Subdivision Name: The Hammocks
  • Directions: Highway 174 Towards Edisto Beach, Take A Left On Jan Savage Way (you Will Pass Vacasa And Ace Hardware On The Right Just Before Jan Savage Way). Go Half A Mile To The Gate, Continue Down The Road, Stay Right Until You See 1106 Hammocks Way On The Right, Almost At The End Of The Neighborhood.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Connection, Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Family, Separate Dining, Utility
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Lot Features: Level
  • Waterfront Features: Marshfront, River Access, River Front, Tidal Creek, Waterfront - Shallow, Seawall
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Dock - Existing, Dock - Floating
  • Foundation Details: Raised, Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Carport, Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy

Condo/Co-op/Association

  • Community Features: Boat Ramp, Dock Facilities, Gated, Trash, Walk/Jog Trails
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Jane Edwards
  • High School: Colleton
  • Middle Or Junior School: Colleton

Lot Info

  • Lot Size Sq Ft: 34848
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3580600030
  • Tax Annual Amount: 8981.67

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 14, 2024
Sold by
Lentz Matthew J and Lentz Taylor L
Bought by
Shark Teeth Hunters Llc
Seller's Agent
Jane Dowd
William Means Real Estate, LLC
Buyer's Agent
Trisha Nicholson
The Boulevard Company
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Views
41
Current Estimated Value
$1,145,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,869
Avg. Annual Appreciation
12.27%
Original Mortgage
$776,000
Outstanding Balance
$763,471
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$382,398

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 25, 2024
Sold by
Walker Gail H
Bought by
Lentz Matthew J and Lentz Taylor L
Seller's Agent
Jane Dowd
William Means Real Estate, LLC
Buyer's Agent
Trisha Nicholson
The Boulevard Company
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Outstanding Balance
$763,471
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$382,398

Purchase Details

Closed on
Jul 30, 2004
Sold by
Garver Robert I
Bought by
Walker Gail H

Purchase Details

Closed on
Mar 14, 2003
Sold by
Dy Llc
Bought by
Garver Robert I

Purchase Details

Closed on
Dec 9, 2002
Sold by
Garver Robert I
Bought by
Dy Llc

Purchase Details

Closed on
Jun 14, 2002
Sold by
Dy Llc
Bought by
Garver Robert I
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
Shark Teeth Hunters Llc -- None Listed On Document
Lentz Matthew J $970,000 None Listed On Document
Walker Gail H $562,000 --
Garver Robert I -- --
Dy Llc -- --
Garver Robert I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lentz Matthew J $776,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $970,000 -2.5% $529 / Sq Ft
03/07/2024 03/07/24 For Sale $995,000 -- $543 / 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 $9,074 $950,200 $400,000 $550,200
2023 $9,074 $645,200 $186,500 $458,700
2022 $9,035 $645,200 $186,500 $458,700
2021 $8,982 $645,200 $186,500 $458,700
2020 $9,007 $536,000 $200,000 $336,000
2019 $9,007 $536,000 $200,000 $336,000
2018 $8,913 $32,160 $12,000 $20,160
2017 $8,654 $26,220 $0 $0
2016 $7,534 $22,800 $10,800 $12,000
2015 -- $22,800 $10,800 $12,000
2014 -- $22,800 $10,800 $12,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 24005837

CHS Regional MLS

APN: 358-06-00-030