NOT LISTED FOR SALE

197 Rain Tree Ln Pawleys Island, SC 29585

Estimated Value: $431,000 - $478,000

3 Beds
2 Baths
1,616 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $315,000 $195 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,760/month

4 Days on Market

Highlights

  • Ranch Style House
  • Den
  • Front Porch
  • Waccamaw Elementary School Rated A-
  • Formal Dining Room
  • Bathroom on Main Level

About This Home

As of December 2021

197 RainTree Ln. is situated perfectly for a peaceful, quite, and enjoyable living opportunity. Located at the end of a cul-de-sac in the highly sought after Pawleys Retreat community, this 3 bedroom (plus an office/flex/playroom space), 2 bath home, with a great front porch space, sits on a sizeable lot. You will also enjoy peace of mind knowing this home has a New Metal Roof, New Energy Efficient Hybrid Water Heater, New Smart Thermostat and Newer 16 SEER HVAC making this a low cost utility home. In addition to many of the major systems of the home being new, you will be pleasantly surprised to know that the interior and the exterior of the home have been recently painted, the guest bathroom has been updated with a new vanity and flooring, and a new gutter system with leaf guard protection is already in place!. A new oven and a new dishwasher, along with a cozy fireplace round out some of the standout features of this home. In the backyard you will find a large shed is in place to store all of your outdoor belongings as well. As a resident of this community you will also have access to a community park, walking trails, and boat storage. More so, you are minutes away from the pristine Pawleys Island Beaches and located in very close proximity to the highly coveted Waccamaw Schools.

Last Listed By

Douglas Henderson

Heritage Coast Realty License #117182 Listed on: 10/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 1993

Lot Details

  • 0.54

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 1,616 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Additional Features

  • Front Porch
  • 0.54 Acre Lot
  • Central Heating

Community Details

  • Association fees include electric common, manager, common maint/repair, legal and accounting, master antenna/cable TV, internet access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,566

Year Built

Built in 1993

Lot Details

0

HOA Fees

$92 per month

Parking

6

Listing Details

  • Estimated Year Built: 1993
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat
  • Monthly HOA as Calculated: 92
  • HOA Management Company: Premier Management 843-357-4518
  • Living Room Type: Fireplace, Ceiling Fan
  • Lvt Date: 11/01/2021
  • Sold Total Heated Sq Ft: 1616
  • Sold Total Sq Ft: 1784
  • Style: Ranch
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 1616
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Amenities: Wshr/Dryer Connection, Fireplace
  • Other Rooms: Carolina Room, Den/Study/Library, 1st Floor Bedrooms, 1st Floor Baths
  • Kitchen Type: Range, Refrigerator, Pantry
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 3
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1784

Exterior Features

  • Exterior Features: Front Porch, Outside Storage Detached
  • Number Of Acres: 0.54

Garage/Parking

  • Type: Detached

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Manager, Common Maint/Repair, Legal And Accounting, Master Antenna/Cable Tv, Internet Access

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 15, 2021
Sold by
Vassallo Matthew J and Vassallo Elizabeth A
Bought by
Fontaine Anne Marie
Seller's Agent
Douglas Henderson
Heritage Coast Realty
Buyer's Agent
Troi Kaz
Keller Williams Pawleys Island
List Price
$314,000
Sold Price
$315,000
Premium/Discount to List
$1,000
0.32%
Total Days on Market
4
Current Estimated Value
$453,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,138
Avg. Annual Appreciation
11.12%
Original Mortgage
$304,486
Outstanding Balance
$282,905
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$170,233

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 18, 2018
Sold by
Thompson Rodney L and Thompson Jo Ann
Bought by
Vassallo Matthew J and Vassallo Elizabeth A
Seller's Agent
Asha Akram
KingOne Properties
Buyer's Agent
Christopher Caraballo
ICE Mortgage Technology INC
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$208,550
Interest Rate
4.8%
Mortgage Type
New Conventional

Range of Values:

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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
Fontaine Anne Marie $315,000 None Available
Vassallo Matthew J $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fontaine Anne Marie $304,486
Previous Owner Vassallo Matthew J $208,550
Previous Owner Thompson Rodney L $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $315,000 +0.3% $195 / Sq Ft
10/30/2021 10/30/21 For Sale $314,000 +46.0% $194 / Sq Ft
12/18/2018 12/18/18 Sold $215,000 -2.2% $139 / Sq Ft
10/01/2018 10/01/18 For Sale $219,900 -- $142 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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 $1,566 $11,760 $3,400 $8,360
2023 $1,566 $11,760 $3,400 $8,360
2022 $4,218 $17,660 $5,100 $12,560
2021 $1,081 $8,908 $2,800 $6,108
2020 $1,079 $8,908 $2,800 $6,108
2019 $2,875 $8,240 $2,204 $6,036
2018 $2,570 $0 $0 $0
2017 $2,266 $10,764 $0 $0
2016 $2,252 $10,764 $0 $0
2015 $2,187 $0 $0 $0
2014 $2,187 $173,300 $50,000 $123,300
2012 -- $173,300 $50,000 $123,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2124441

Coastal Carolinas Association of REALTORS®

APN: 04-0187H-037-00-00