NOT LISTED FOR SALE

118 Fairbanks Oak Aly Unit 3a Daniel Island, SC 29492

Daniel Island Neighborhood

Estimated Value: $1,635,000 - $2,001,681

3 Beds
3 Baths
2,855 Sq Ft
$650/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $780,000 $273 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $10,322/month

10 Days on Market

Highlights

  • Boat Ramp
  • Clubhouse
  • Wooded Lot
  • Daniel Island School Rated A-
  • Pond
  • 3-minute walk to Governor's Park

About This Home

As of November 2017

Elegant spacious condo with an open floor plan and an abundance of natural lighting. Wide entry hallway leads to a beautifully customized office enhanced with 2 separate built-in and perfectly sized executive desks. Custom cabinetry with drawers and shelves for all of your needs. This office also has access to a full bath. Elegant but casual feel throughout this home. The inviting kitchen with it's large island perfectly placed for entertaining or cooking. Custom cabinets with pull out drawers, double ovens plus a separate built in custom cabinet for fine china or display cabinet for that golf or tennis trophy.The kitchen adjoins the spacious dining room with it's many windows bringing in sunlight and views of the marsh and water. The kitchen is also open to theliving area enhanced with a fireplace and more picture perfect views of the marsh, trees and water. Walk out onto the the wrap around balcony over looking the marsh, trees and water. Enjoy quietly watching wildlife being filled with peace and serenity.
The upper piazza makes entertaining a breeze - open the french doors and gain additional living space as your guests can mingle inside or outside with ease.
The master bedroom has an extra large custom closet and a perfected master bath suite with dual sinks and extra custom cabinets. Separate linen closet and so much more.
Just down the hallway you will find "Jack and Jill" bedrooms adjoined by a full bath with additional custom cabinets in the water closet. Both bedrooms have views of the breath taking fountains found in the front water lagoon. One of the bedrooms has a large private piazza. All of the bedrooms have large custom closets. No problem with storage in this home.

So many hidden jewels in this home. Both of the HVAC units are brand new. This home includes 2 reserved parking spaces in the garage and a large fenced in storage area for this unit.

Please confirm any information deemed important in the decision making process.
A social membership transfers with this condo and access to the swimming pools, fitness center and tennis courts can be added if you choose the sports package with the Daniel Island Club. Please meet with the club membership manager for details. There is a one time fee for buyers equal to 1/2 percent of the purchase price paid at closing. All offers must have a pre approval letter or proof of funds, DI re-sale addendum, DI Community Enhancement Fee acknowledgement form.

Last Agent to Sell the Property

Renee Reinert

Carolina One Real Estate License #38248SC Listed on: 09/28/2017

Carolina One Real Estate

Last Buyer's Agent

Renee Reinert

Carolina One Real Estate License #38248SC Listed on: 09/28/2017

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Property fronts a marsh
  • Wooded Lot

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 2,855 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Exterior Basement Entry
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer Hookup

Outdoor Features

  • Pond
  • Wetlands on Lot
  • Wrap Around Porch

Schools

  • Daniel Island Elementary And Middle School
  • Hanahan High School

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Daniel Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Daniel Island
  • Directions: From Mt Pleasant Take Hwy 526 West To Exit 24 Daniel Island, Take First Left At Traffic Light On To Island Park Drive, First Right Onto Fairbanks Oak And Building Is The First One On Your Right Near The Street. Building 118
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Office, Pantry, Separate Dining
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre, Wetlands, Wooded
  • Waterfront Features: Marshfront, Pond Site
  • Waterfront: Yes
  • Construction Type: Brick, Stucco
  • Foundation Details: Raised
  • Patio And Porch Features: Wrap Around
  • Property Condition: Pre-Owned

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: Dryer Connection, Laundry Room
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Park, Pool, Tennis Court(s), Trash, Walk/Jog Trails
  • Association Fee: 1022
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Daniel Island
  • High School: Hanahan
  • Middle Or Junior School: Daniel Island

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 20, 2017
Sold by
Payne William James and Payne Julie W
Bought by
Altzner James and Theis Marcelle
Seller's Agent
Renee Reinert
Carolina One Real Estate
Buyer's Agent
Renee Reinert
Carolina One Real Estate
List Price
$780,000
Sold Price
$780,000
Current Estimated Value
$1,854,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,074,920
Avg. Annual Appreciation
11.36%
Original Mortgage
$360,000
Outstanding Balance
$299,811
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,555,109

Purchase Details

Closed on
Jan 26, 2012
Sold by
Brookes Cynthia A
Bought by
Payne William James and Paune Julie W

Purchase Details

Closed on
Jan 31, 2006
Sold by
Daniel Island Riverside Developers Llc
Bought by
Brookes W Wilson and Brookes Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,395
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Altzner James $780,000 None Available
Payne William James $428,000 --
Brookes W Wilson $787,105 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altzner James $360,000
Previous Owner Brookes W Wilson $708,395
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2017 11/20/17 Sold $780,000 0.0% $273 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $780,000 -- $273 / 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
2025 $5,764 $891,250 $271,078 $620,172
2024 $5,797 $35,650 $10,843 $24,807
2023 $5,797 $35,650 $10,843 $24,807
2022 $5,313 $46,500 $60 $46,440
2021 $5,066 $31,000 $40 $30,960
2020 $5,520 $31,000 $40 $30,960
2019 $15,914 $31,000 $40 $30,960
2018 $16,090 $45,324 $60 $45,264
2017 $2,945 $16,052 $40 $16,012
2016 $2,986 $16,050 $40 $16,010
2015 $2,791 $16,050 $40 $16,010
2014 $2,787 $16,050 $40 $16,010
2013 -- $16,050 $40 $16,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 17026536

CHS Regional MLS

APN: 276-05-01-011