$315,000
SOLD DEC 16, 2021

197 Rain Tree Ln Pawleys Island, SC 29585

3 Beds
2 Baths
1,616 Sq Ft
0.54 Acres

Recently Sold

$195 Per Sq Ft

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 Agent to Sell the Property

Douglas Henderson

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

Last Buyer's Agent

Troi Kaz

Keller Williams Pawleys Island

Keller Williams Pawleys Island

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 1993

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%
Current Estimated Value
$450,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,900
Avg. Annual Appreciation
10.24%
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
Heritage Coast Realty
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
Source: Public Records

Similar Homes in Pawleys Island, SC

  • 47 Japonica Place, Pawleys Island, SC 29585

    $385,000

    • 3 Beds
    • 3 Baths
    • 2,584 Sq Ft
    • 47 Japonica Place
    • Pawleys Island, SC

    Great opportunity for a fixer upper. Sold as-is this home is perfect for anyone looking to renovate/fix and flip/or put in sweat equity. Amazing, huge, private lot in Litchfield CC. Voluntary HOA which is very hard to find. There is a ton of potential here for the right buyer. Location is top notch!! Almost 3/4 of an acre! Rare huge lot!

    Matt Almony Coast Real Estate SC

    Section Image
  • 107 Ben Horry Trail, Pawleys Island, SC 29585

    $363,000

    • 3 Beds
    • 2 Baths
    • 1,568 Sq Ft
    • 107 Ben Horry Trail
    • Pawleys Island, SC

    Nestled in the heart of Pawleys Island, this delightful one story 3 bedroom 2 bath home offers the perfect blend of comfort and coastal charm. Located just one mile from Pawleys Island beach, you'll enjoy the best of both worlds – a serene retreat with easy access to sun, sand, and surf. Recently remodeled in 2020, this home offers a spacious open concept living area has plenty of natural light,

    Richard 'Dalton' Weston ERA Wilder Realty Inc

    Section Image
  • 112 Palisade Loop, Pawleys Island, SC 29585

    $295,000

    • 3 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • 112 Palisade Loop
    • Pawleys Island, SC

    Opportunity knocks at 112 Palisade Loop--a 3-bedroom, 2-bath townhome located in a desirable Pawleys Island community with access to a community pool. This fixer-upper offers a rare chance to create your dream home or a smart investment property in one of the Lowcountry's most loved coastal towns. Situated on a quiet loop, this townhome features a functional layout with two spacious living areas,

    Victoria Butler Marek Property Advisors

    Section Image
  • 4 Ryegrass Ln Unit 4, Pawleys Island, SC 29585

    $350,000

    • 2 Beds
    • 2.5 Baths
    • 1,604 Sq Ft
    • 4 Ryegrass Ln
    • Unit 4
    • Pawleys Island, SC

    Welcome to 62-4 Ryegrass Lane, a beautifully maintained end-unit townhome that combines comfort, convenience, and privacy. Featuring 2 spacious bedrooms and 2.5 modern bathrooms, this bright and airy residence offers the perfect blend of form and function. On the main level you have the master bedroom ensuite. Upstairs, you'll find a generously sized loft and the second bedroom and full

    Victoria Butler Marek Property Advisors

    Section Image
  • 553 Martin Luther King Rd, Pawleys Island, SC 29585

    $299,000

    • 3 Beds
    • 2 Baths
    • 1,989 Sq Ft
    • 553 Martin Luther King Rd
    • Pawleys Island, SC

    Discover your dream home on a spacious lot with **NO monthly HOA fees!** This partially remodeled, all-brick residence features 3 bedrooms and 2 baths, nestled on nearly half an acre of land. Enjoy the charm of an older home with the convenience of a modern split bedroom layout. The home boasts spacious rooms, a large fireplace, and a screened porch perfect for relaxing. Ideally situated near

    Jake Lee Keller Williams Innovate South

    Section Image
  • 23 Gabe Place, Pawleys Island, SC 29585

    $265,000

    • 4 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 23 Gabe Place
    • Pawleys Island, SC

    Motivated seller! Refrigerator, washer, and dryer available with acceptable offer. Welcome to 23 Gabe Place, Pawleys Island, SC 29585 – where modern comfort meets coastal charm! This fully renovated 4-bedroom, 2-bathroom home offers the perfect blend of style and functionality, ideal for full-time living or a relaxing getaway. Step inside to discover brand new LVP flooring throughout, an

    Susanne Flynn Flynn Realty

    Section Image
  • 284 Crane Dr, Pawleys Island, SC 29585

    $365,000

    • 3 Beds
    • 3 Baths
    • 1,230 Sq Ft
    • 284 Crane Dr
    • Pawleys Island, SC

    Sweet spot centrally located between the Pawleys Island causeways East of Hwy 17 in Pawley's Pointe near the end of Crane Drive. Comfortable 2 story 3 bedroom 3 bath home with low HOA that includes access to the community pool. Nice sized open great room & kitchen, stainless appliances and laundry area. New LPV flooring throughout the main level of the home that includes a first floor bedroom

    Sandra Bundy B & P, Inc.

    Section Image
  • 108 Silver Hill Ln, Pawleys Island, SC 29585

    $390,000

    • 3 Beds
    • 2 Baths
    • 1,631 Sq Ft
    • 108 Silver Hill Ln
    • Pawleys Island, SC

    Charming coastal home in the serene community of Pawleys Island, South Carolina! Located at 108 Silver Hill Lane in Hagley Estates, this property is established in a peaceful neighborhood with no through traffic, surrounded by Lowcountry beauty! This all-brick home features 3 bedrooms, 2 bathrooms, sits on nearly a half acre of land, and has no HOA! Pawleys Island is a quaint, laid-back beach

    Shawn Bilton James W Smith Real Estate Co

    Section Image
  • 106 Weston Dr, Pawleys Island, SC 29585

    $399,990

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft
    • 106 Weston Dr
    • Pawleys Island, SC

    ENDLESS POSSIBILITIES in the heart of Pawleys Island! This 1,216 square foot 3 bedroom, 2 bath cottage sits on a picturesque half-acre lot along a peaceful creek in Hagley Estates. Greeting you with an additional 456 of square feet is the all mahogany wood Carolina Room, flanked by floor to ceiling windows for optimal light. Sitting amongst a plethora of trees and moss-draped oaks, this

    Kristin Villa eXp Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $315,000 None Available
Deed $215,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,486 FHA
Previous Owner $208,550 New Conventional
Previous Owner $87,500 Unknown
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2124441

Coastal Carolinas Association of REALTORS®

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