NOT LISTED FOR SALE

1222 Waters Edge Dr Summerton, SC 29148

Estimated Value: $374,000 - $592,000

4 Beds
2 Baths
1,787 Sq Ft
$284/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $453,000 $253 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,636/month

25 Days on Market

Highlights

  • Lake Front
  • Deck
  • Cathedral Ceiling
  • Pier or Dock
  • Contemporary Architecture
  • Bonus Room

About This Home

As of March 2022

Investment Opportunity for Short Term Rentals with no HOA! This 4 bed, 2 bath Lake Marion TawCaw Creek waterfront home is set on nearly 3/4 acre of native SC landscaping with a private boat and fishing dock and long, circular driveway. This fantastic home features an open kitchen with a newer refrigerator and dishwasher, lots of cabinets, and bar seating and opens to a spacious, vaulted-ceiling living room complete with a wall of windows and sliding glass doors leading to the back deck- all with amazing views of the water. There is a spacious master bath with an ensuite bathroom, a large guest bedroom, and two additional bedrooms rooms including a smaller guest bedroom or home office and an upstairs loft for the kids. Outside, there is a large storage building perfect for kayaks, grills,and fishing equipment, and a huge custom stone patio with a concrete boat ramp. A brick pizza oven and chimney adorn the side of the home waiting for the right chef to revitalize it. A newer washer and dryer set convey in the sale, and owners are willing to sell the home furnishings.

A $2000 lender credit is available and will be applied towards the buyer's closing costs if the buyer chooses the seller's preferred lender. This credit is in addition to any other negotiated seller concessions.

Last Agent to Sell the Property

Kristin Schatmeyer

Carolina One Real Estate License #86295 Listed on: 01/21/2022

Carolina One Real Estate

Last Buyer's Agent

Maggie Griesman

Carolina One Real Estate License #81719

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 0.7 Acre Lot
  • Lake Front

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,787 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Game Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • Pier or Dock

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary
  • Year Built: 1996
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.7
  • Water Body Name: Lake Marion
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Exit I-95 At 108 Summerton, Right Towards Lake Marion On Buff Road. Left On Bill Davis And Then Rt. On Wash Davis Rd. Travel Past Taw Caw Park And Turn Left On Benbow Dr. Left On Water's Edge. Home Will Be On The Left.
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Kitchen Island, Bonus, Eat-in Kitchen, Family, Game, Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Lot Features: .5 - 1 Acre
  • Waterfront Features: Lake Front, Lakefront - Marion, Waterfront - Deep, Waterfront - Shallow
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Dock - Existing
  • Foundation Details: Crawl Space
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Out of Area
  • High School: Out of Area
  • Middle Or Junior School: Out of Area

Lot Info

  • Lot Size Sq Ft: 30491.999999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 104090200900
  • Tax Annual Amount: 7180.19

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 28, 2022
Sold by
Peter Schatmeyer Simon
Bought by
Ryans Bluff Llc
Seller's Agent
Kristin Schatmeyer
Carolina One Real Estate
Buyer's Agent
Maggie Griesman
Carolina One Real Estate
List Price
$539,000
Sold Price
$453,000
Premium/Discount to List
-$86,000
-15.96%
Current Estimated Value
$506,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,650
Avg. Annual Appreciation
5.70%

Purchase Details

Listed on
Oct 26, 2018
Closed on
Feb 11, 2019
Sold by
Phillip Omara Jr Lt
Bought by
Schatmeyer Kristin M
Seller's Agent
Julie Rickenbaker
ERA Wilder Realty Inc.
Buyer's Agent
Julie Rickenbaker
ERA Wilder Realty Inc.
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$240,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2014
Sold by
Campbell Howard Mitchell and Campbell Gerald William
Bought by
Turner Dennis R and The Dennis R Turner Living Trust 2004

Purchase Details

Closed on
Sep 9, 2011
Sold by
Estate Of Anne Boone Campbell
Bought by
Campbell Howard Mitchell and Campbell Gerald William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Ryans Bluff Llc $453,020 None Listed On Document
Schatmeyer Kristin M $300,000 --
Turner Dennis R $30,000 None Available
Campbell Howard Mitchell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryans Bluff Llc $950,000
Previous Owner Schatmeyer Simon Peter $242,400
Previous Owner Schatmeyer Kristin M $240,000
Previous Owner Omara Phillip M $326,400
Previous Owner Omara Phillip M $320,000
Previous Owner Omara Phil $279,200
Previous Owner Omara Phil $34,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $453,000 -16.0% $253 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $539,000 +79.7% $302 / Sq Ft
02/11/2019 02/11/19 Sold $300,000 -4.8% $168 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
10/26/2018 10/26/18 For Sale $315,000 -- $176 / 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 $10,573 $26,868 $9,000 $17,868
2023 $10,293 $26,868 $9,000 $17,868
2022 $7,284 $19,164 $7,500 $11,664
2021 $6,721 $17,946 $7,500 $10,446
2020 $6,721 $11,964 $5,000 $6,964
2019 $4,477 $7,824 $3,000 $4,824
2018 $4,343 $11,736 $0 $0
2017 $4,329 $11,736 $0 $0
2016 $4,231 $11,736 $0 $0
2015 $4,044 $11,498 $3,968 $7,530
2014 $3,979 $11,498 $3,968 $7,530
2013 -- $11,498 $3,968 $7,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 22001568

CHS Regional MLS

APN: 104-09-02-009-00