NOT LISTED FOR SALE

140 Fairbanks Oak Alley Unit 3-B Daniel Island, SC 29492

Daniel Island Neighborhood

Estimated Value: $1,483,000 - $1,805,907

4 Beds
3 Baths
2,855 Sq Ft
$591/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $700,000 $245 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $11,138/month

509 Days on Market

Highlights

  • High Ceiling
  • Great Room with Fireplace
  • Cul-De-Sac
  • Daniel Island School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of March 2018

Situated amongst spectacular natural scenery along the marshes of the Wando River, this elegant brick and stucco condo residence has custom details throughout and offers the best of both worlds-a highly desirable residential address in a magnificent natural enviroment and easy access to the pleasures and conveniences of DI downtown. This one level residence features Gourmet kitchen with maple cabinets, granite countertops and stainless steel appliances. Gracious master suite with access to porch. Marble master bath with jetted tub, glass enclosed shower and his and her vanities. Gas log fireplace in family room. Study has been converted to fourth bedroom. Hardwood floors under carpet. Tile kitchen floor and dining area over looking marsh.Secured parking under building for two cars.Keyed elevator access, secured access to building. Buyer pays a one time neighborhood enhancement fee of .5% X sales price to Daniel Island Community Fund at closing. DI Social Club Membership-required.DI resale addendum will be required on offer to purchase. DI resale addumdum, property disclosure and Community Fund Disclosures are attached.

Last Agent to Sell the Property

Tommy Manous

Carolina One Real Estate License #18457 Listed on: 09/23/2016

Carolina One Real Estate

Last Buyer's Agent

Bob Farina

Atlantic Properties Of The LowCountry License #78954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,042

Year Built

  • Built in 2006

Lot Details

  • Cul-De-Sac

HOA Fees

  • $780 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,855 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Great Room with Fireplace
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Daniel Island Elementary And Middle School
  • Hanahan High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Oaks At Rivers Edge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,042

Year Built

Built in 2006

Lot Details

0

HOA Fees

$780 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Oaks at Rivers Edge
  • Directions: Take I-526 To Daniel Island Exit. At 1st Light, Take A Left Onto Island Park Dr. Turn At First Right At The First Roundabout Onto Fairbanks Oaks. Building 140 Will Be On Your Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Great, Pantry, Separate Dining
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Garden Tub/Shower, Outside Access, Walk-In Closet(s)

Exterior Features

  • Roof: Built-Up
  • Lot Features: Cul-De-Sac
  • Construction Type: Stucco
  • Foundation Details: Raised
  • 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

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 780
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 2760501036

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Stormzand Stephen C and Stormzand Susan M
Bought by
Pamela J Payne Living Trust and Payne
Current Estimated Value
$1,815,473

Purchase Details

Closed on
Aug 16, 2019
Sold by
Columbia First Property Llc
Bought by
Stormzand Stephen C and Stormzand Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2010
Sold by
Johnson Nancy K and Nancy K Johnson Revocable Trus
Bought by
Columbia First Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2010
Sold by
Johnson Nancy K and Nancy K Johnson Revocable Trus
Bought by
First Columbia Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2006
Sold by
Johnson Terry D
Bought by
Johnson Nancy K and Nancy K Johnson Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,506
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2006
Sold by
Daniel Island Riverside Developers Llc
Bought by
Johnson Terry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,506
Interest Rate
6.12%
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
Pamela J Payne Living Trust $1,550,000 None Listed On Document
Stormzand Stephen C $675,000 None Available
Columbia First Property Llc -- --
First Columbia Property Llc $490,000 --
Johnson Nancy K -- None Available
Johnson Terry D $670,633 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stormzand Stephen C $484,350
Previous Owner First Columbia Property Llc $300,000
Previous Owner Johnson Terry D $536,506
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $700,000 -17.6% $245 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
09/23/2016 09/23/16 For Sale $849,000 -- $297 / 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 $10,042 $1,552,400 $500,000 $1,052,400
2024 $10,042 $62,096 $20,000 $42,096
2023 $10,042 $62,096 $20,000 $42,096
2022 $4,629 $26,948 $40 $26,908
2021 $4,713 $26,950 $40 $26,908
2020 $4,809 $26,948 $40 $26,908
2019 $8,656 $29,524 $40 $29,484
2018 $7,810 $21,894 $60 $21,834
2017 $7,806 $21,894 $60 $21,834
2016 $7,858 $21,890 $60 $21,830
2015 $7,508 $21,890 $60 $21,830
2014 $7,137 $21,890 $60 $21,830
2013 -- $21,890 $60 $21,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 16025412

CHS Regional MLS

APN: 276-05-01-035