NOT LISTED FOR SALE

116 Petrell Rd Summerville, SC 29483

Estimated Value: $506,344 - $539,000

4 Beds
3 Baths
3,129 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2023

Last sale price $525,000 $168 Per Sq Ft

Current estimated payment $3,119 / mo

12 Days on Market

Highlights

  • Under Construction
  • Home Energy Rating Service (HERS) Rated Property
  • Traditional Architecture
  • Sitting Area In Primary Bedroom
  • Clubhouse
  • Loft

About This Home

As of June 2023

Welcome home to the postcard-perfect community boasting of Southern charm, The Ponds! This new phase in one of Summerville's most sought-after communities features expertly designed floorplans with the most sought-after finishes. The Ponds offers homeowners resort-style amenities with the convenience of multiple shopping centers just a short drive away. You'll fall in love when you visit The Ponds! The Harbor Oak floorplan features a formal dining room, a large open living space divided by a kitchen island, a guest suite, and standard patio on the first floor. Upstairs you are greeted by a convenient loft, a laundry room, and the primary bedroom, which boasts the suite's sitting room and substantial walk-in closet. Photos are a depiction of a similar home.

Last Agent to Sell the Property

Harold Enquist

DRB Group South Carolina, LLC License #39482 Listed on: 05/04/2023

Last Buyer's Agent

Mattie Nesmith

The Elite Realty Group of SC, LLC License #79361

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 3,129 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Loft
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Schools

  • Sand Hill Elementary School
  • Gregg Middle School
  • Summerville High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • Screened Patio
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Dr Horton
  • The Ponds Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2022 | Under Construction

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2022
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.14
  • Ownership: Fee Simple
  • Subdivision Name: The Ponds
  • Directions: Travel West On I-26 Toward Summerville. Take Exit 205a And Continue On Ladson Rd. Right Onto Dorchester Rd. And Right Onto Us-17 Alt N. Turn Left Into The Ponds. First Exit At Traffic Circle Onto Hundred Oaks Pkwy
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Ground Level
  • Fireplace Features: Family Room, Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Family, Entrance Foyer, Loft, In-Law Floorplan, Pantry, Separate Dining
  • Master Bedroom Features: Sitting Room, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre
  • Home Warranty: Yes
  • Builder Name: Dr Horton
  • Construction Type: Cement Plank
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Screened
  • Property Condition: Under Construction

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dorchester Cnty Water and Sewer Dept, Dorchester Cnty Water Auth
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Park, Pool, Walk/Jog Trails
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Sand Hill
  • High School: Summerville
  • Middle Or Junior School: Gregg

Lot Info

  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: HERS Index Score

Multi Family

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 26, 2023
Sold by
D R Horton Inc
Bought by
Sinclair Kinloch Adam and Dominique Kinloch Shaquanda
Seller's Agent
Harold Enquist
DRB Group South Carolina, LLC
Buyer's Agent
Mattie Nesmith
The Elite Realty Group of SC, LLC
List Price
$528,065
Sold Price
$525,000
Premium/Discount to List
-$3,065
-0.58%
Views
27
Current Estimated Value
$523,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,914
Avg. Annual Appreciation
-0.13%
Original Mortgage
$507,478
Outstanding Balance
$493,367
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$29,719

Purchase Details

Closed on
Aug 17, 2021
Sold by
Kh Ponds Lllp
Bought by
Forestar Usa R/E Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,077,900
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sinclair Kinloch Adam $525,000 None Listed On Document
Forestar Usa R/E Group Inc $10,779,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinclair Kinloch Adam $507,478
Previous Owner Forestar Usa R/E Group Inc $1,077,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $525,000 -0.6% $168 / Sq Ft
05/04/2023 05/04/23 For Sale $528,065 -- $169 / Sq Ft
Source: CHS Regional MLS

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
2025 $3,619 $20,983 $4,400 $16,583
2024 $11,260 $31,474 $6,600 $24,874
2023 $11,260 $6,101 $6,101 $0
2022 $2,201 $6,100 $6,100 $0
2021 $0 $6,100 $6,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 23009907

CHS Regional MLS

APN: 143-14-00-152

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