NOT LISTED FOR SALE

124 Fairbanks Oak Aly Unit 2b Daniel Island, SC 29492

Daniel Island Neighborhood

Estimated Value: $1,595,000 - $1,817,000

3 Beds
2.5 Baths
2,644 Sq Ft
$640/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $805,000 $304 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $11,385/month

40 Days on Market

Highlights

  • River Front
  • Pond
  • Wood Flooring
  • Daniel Island School Rated A-
  • Wooded Lot
  • 3-minute walk to Governor's Park

About This Home

As of March 2018

Don't miss this stunning turn key residence! Enjoy the spectacular Lowcountry scenery and unobstructed Wando River views under the canopy of gorgeous grand oak trees. These elegant brick and stucco condominiums offer the best of both worlds; a highly desirable residential address in Daniel Island Park and quick access to the pleasures and conveniences of Daniel Island's downtown, shops, restaurants, Governor's Park, Family Circle tennis and the prestigious Daniel Island Club. The custom details of this spacious and airy waterfront residence include high ceilings, open floor plan, gourmet kitchen with stainless steel appliances, white marble, and wrap around piazzas. Upgrades of over $25K make this gorgeous one level residence turn-key...unpack your things and live the Island life.Designer lighting, white marble bathrooms and high-end mirrors and hardware make this residence a step above the rest. The spacious living room features a cozy fireplace with gas logs and gorgeous water views. The dining room, which could also be used as a sitting room or office, features beautiful white painted paneling. An attractive and functional wood closet system is installed in the master bedroom.

Custom curtains in all bedrooms frame the incredible views and covey with the property. Beautiful hardwood floors have been impeccably cared for with the use of seagrass rugs in all of the bedrooms.

This residence comes with a social membership to the Daniel Island Club. There is secured parking under the building for two cars and elevator access from the parking level to this condo.

The monthly HOA dues have been reduced to $750 in the new budget. There is an assessment paid in two installments, $1,330.17 due on March 1, 2018 and $1,330.27 on September 1, 2018.

Don't miss this opportunity to enjoy luxury, ease, comfort, and class!

Last Agent to Sell the Property

Ashley Severance

Atlantic Properties Of The LowCountry License #56673 Listed on: 12/20/2017

Last Buyer's Agent

Ariel Trouche

Carolina One Real Estate License #53819

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Property fronts a marsh
  • River Front
  • Elevated Lot
  • Level Lot
  • Irrigation
  • Wooded Lot
  • Tidal Wetland on Lot

HOA Fees

  • $86 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Brick Front
  • Stucco

Interior Spaces

  • 2,644 Sq Ft Home
  • 4-Story Property
  • Elevator
  • High Ceiling
  • Family Room
  • Formal Dining Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • River Access
  • Pond
  • Wetlands on Lot
  • Wrap Around Porch

Schools

  • Daniel Island Elementary And Middle School
  • Philip Simmons High School

Utilities

  • No Cooling
  • No Heating
  • Private Sewer

Community Details

  • Daniel Island Park Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$86 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Daniel Island Park
  • Directions: From Mt. Pleasant, Take I-526 To Exit 24, At First Light Turn Left Onto Island Park Drive, Turn Right Onto Fairbanks Drive, Building Is On The Right.
  • Unit Levels: Multi-Story
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Structure Type: Condominium
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Other, Wood
  • Interior Amenities: High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Family, Living/Dining Combo, Separate Dining

Exterior Features

  • Lot Features: High, Level, Wetlands, Wooded
  • Waterfront Features: Marshfront, Pond, River Access, River Front, Tidal Creek, Waterfront - Deep
  • Waterfront: Yes
  • Construction Type: Brick - Front, Stucco
  • Exterior Features: Elevator Shaft, Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Porch - Full Front, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1032
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Daniel Island
  • High School: Philip Simmons
  • Middle Or Junior School: Daniel Island

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Olson Nels L
Bought by
Mcdonald James P and Mcdonald Linda
Current Estimated Value
$1,692,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$494,852
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$1,197,355

Purchase Details

Closed on
Jun 5, 2017
Sold by
Maraziti Charles and Maraziti Patricia
Bought by
Olson Nels L and Olson Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
Black Angela R and Rummel Robert H
Bought by
Maraziti Charles and Maraziti Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,165
Interest Rate
6.31%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcdonald James P $1,550,000 None Listed On Document
Olson Nels L $785,000 None Available
Maraziti Charles $899,900 None Available
Rummel Robert H $776,850 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald James P $500,000
Previous Owner Olson Nels L $628,000
Previous Owner Rummel Robert H $699,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $805,000 -1.8% $304 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $820,000 -- $310 / 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 $28,770 $1,546,800 $500,000 $1,046,800
2024 $5,685 $92,808 $30,000 $62,808
2023 $5,685 $36,947 $11,627 $25,320
2022 $5,166 $32,128 $40 $32,088
2021 $5,260 $32,130 $40 $32,088
2020 $5,367 $32,128 $40 $32,088
2019 $5,468 $32,128 $40 $32,088
2018 $5,685 $31,316 $40 $31,276
2017 $7,393 $20,724 $60 $20,664
2016 $7,442 $20,720 $60 $20,660
2015 $7,110 $20,720 $60 $20,660
2014 $6,760 $20,720 $60 $20,660
2013 -- $20,720 $60 $20,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 17033096

CHS Regional MLS

APN: 276-05-01-015