NOT LISTED FOR SALE

Estimated Value: $3,937,000 - $4,897,574

5 Beds
4 Baths
5,000 Sq Ft
$855/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $3,050,000 $610 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $23,306/month

37 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Media Room
  • James B. Edwards Elementary School Rated A
  • Boat Lift
  • In Ground Pool

About This Home

As of May 2017

WATERFRONT ESTATE HOME OF 5000 SQ FT. NESTLED ON A PRIVATE 1.08 ACRE LOT OF HIGH LAND IN HOBCAW POINT--LESS THAN 10 MINUTES TO DOWNTOWN CHARLESTON. THIS GRAND HOME HAS BEEN METICULOUSLY REDESIGNED AND RENOVATED IN THE PAST SEVERAL YEARS TO COMBINE CLASSIC SOUTHERN CHARM WITH WEST COAST DESIGN AND CLEAN LINES. IT OFFERS A WONDERFUL COMBINATION OF CASUAL SPACES FOR EVERYDAY LIVING, ALONGSIDE SOPHISTICATED ROOMS FOR ELEGANT AND GRAND ENTERTAINING. THE VISTAS UPON ENTERING THE HOME ENCOMPASS A BEAUTIFUL MINERAL SALT POOL WITH LIMESTONE SURROUND AND LONG VIEWS OF THE MARSH AND CREEK BEYOND--TRULY SPECTACULAR! THE SHORT DOCK ON MOLASSES CREEK PROVIDES ACCESS TO THE WANDO RIVER AND CHARLESTON HARBOR AND FEATURES A COVERED FIXED PIER, FLOATER AND BRAND NEW 7500 LB FOUR PILE BOAT LIFT.THIS GRACIOUS HOME HAS A BEAUTIFUL FOYER SEPARATING THE DINING ROOM FROM THE STUDY WHICH IS COMPLETE WITH A HANDSOME FIREPLACE. BOTH OF THESE ROOMS ARE NICELY SIZED AND WELCOMING. BEYOND THE FOYER IS A LOVELY LIVING ROOM ENHANCED FURTHER WITH A MASONRY FIREPLACE AND BUILT-INS. THIS SPACE HAS FRENCH DOORS LEADING TO THE FULL BACK COVERED VERANDA SERVICING THE POOL AREA AND OVERLOOKING THE ULTIMATE LOWCOUNTRY VISTA. THE GOURMET EAT-IN KITCHEN IS OUTSTANDING AND COMPLETE WITH CUSTOM CABINETRY, HIGH END STAINLESS APPLIANCES, NATURAL STONE COUNTERTOPS, FLOATING ISLAND, WET BAR, AND SMART DESK AREA THAT WORKS PERFECTLY AS A HOME OFFICE OR HOMEWORK STATION. THE KITCHEN IS ADJOINED BY A COZY KEEPING ROOM WITH ANOTHER FIREPLACE. THIS AREA ALSO HAS BEAUTIFUL VIEWS OF MATURE LANDSCAPING, POOL, MARSH AND CREEK! ON THE MAIN LIVING FLOOR IS A GUEST BEDROOM OVERLOOKING THE CREEK AND SERVICED BY AN EXQUISITE FULL BATHROOM. THE 800 SQ FT MASTER SUITE IS UPSTAIRS AND EMBELLISHED WITH FINISHES OF CARRERA MARBLE AND HAS AN EXCEEDINGLY LARGE MASTER CLOSET MEASURING 12' X 16' AND BATHED IN NATURAL LIGHT. IT'S A TRUE MASTER RETREAT WITH VIEWS GALORE! THERE ARE AN ADDITIONAL 3 BEDROOMS THAT ARE NICELY SIZED WITH GENEROUS CLOSETS. TWO BEDROOMS SHARE A JACK AND JILL BATHROOM WHILE THE OTHER IS EN SUITE. THERE IS ALSO A FLEXIBLE ROOM CURRENTLY BEING USED AS A MOVIE THEATRE BUT IT COULD EASILY BECOME A PLAY ROOM, ADDITIONAL BEDROOM, OR WORK OUT ROOM. THE EXPANSIVE GROUNDS OF THE PROPERTY ARE NEARLY SURROUNDED BY THE CREEK AND CONTAIN MANY BEAUTIFUL LIVE OAKS AND A LARGE CAMELIA GARDEN FEATURING MANY SPECIAL VARIETIES. HOBCAW POINT IS A HIGHLY SOUGHT AFTER NEIGHBORHOOD THAT ENJOYS THE HOBCAW YACHT CLUB WITH MARINA AS WELL AS A NEIGHBORHOOD POOL ALL SITTING ON THE WANDO RIVER FRONTAGE. JUST MINUTES TO CHARLESTON, SULLIVAN'S ISLAND, WHOLE FOODS AND ALL OF MT. PLEASANT'S BEST RESTAURANTS AND PARKS.

Last Agent to Sell the Property

Nancy Hoy

Carolina One Real Estate License #49226 Listed on: 02/08/2017

Carolina One Real Estate

Last Buyer's Agent

Meghan Webster

Daniel Ravenel Sotheby's International Realty License #79169

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 1.08 Acre Lot
  • Property fronts a marsh
  • Elevated Lot
  • Level Lot
  • Well Sprinkler System
  • Tidal Wetland on Lot

Parking

  • 2 Car Garage
  • Finished Room Over Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Media Room
  • Den with Fireplace
  • Bonus Room
  • Utility Room with Study Area
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Wetlands on Lot
  • Covered Patio or Porch
  • Exterior Lighting
  • Stoop

Schools

  • Jane Edwards Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • Hobcaw Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

1.08 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2001
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 1.08
  • Ownership: Fee Simple
  • Subdivision Name: Hobcaw Point
  • Directions: From Ravenel Bridge On Hwy 17 Going North, Left At 2nd Light Onto Mathis Ferry, First Traffic Circle Take Right Onto Muirhead And Follow Into Hobcaw Point. Bear Left At The Fork, Go To The 7th Street (molasses Lane). The Driveway Is On The Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Den, Living Room, Other (Use Remarks), Three
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Wet Bar, Bonus, Eat-in Kitchen, Family, Formal Living, Entrance Foyer, Frog Attached, Media, Separate Dining, Study
  • Master Bedroom Features: Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Lot Features: 1 - 2 Acres, High, Level, Wetlands
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Marshfront, Tidal Creek, Waterfront - Deep
  • Waterfront: Yes
  • Construction Type: Brick Veneer
  • Exterior Features: Boatlift, Dock - Existing, Lawn Well, Lighting, Stoop
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio, Covered
  • 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: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Marina, Walk/Jog Trails

Schools

  • Elementary School: Jane Edwards
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • Lot Size Sq Ft: 47044.8
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
May 30, 2017
Sold by
Garton James F and Garton Debra L
Bought by
Chambers Shaun M and Chambers Shaun M
Seller's Agent
Nancy Hoy
Carolina One Real Estate
Buyer's Agent
Meghan Webster
Daniel Ravenel Sotheby's International Realty
List Price
$3,249,000
Sold Price
$3,050,000
Premium/Discount to List
-$199,000
-6.12%
Current Estimated Value
$4,276,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,226,858
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,500,000
Outstanding Balance
$1,245,975
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$3,030,883

Purchase Details

Closed on
Oct 14, 2014
Sold by
Garton James F
Bought by
Garton James F and Debra L Garton 2000 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 13, 2013
Sold by
Moriarty James and Moriarty Jennifer
Bought by
Garton James F and Mirabello Francis J

Purchase Details

Closed on
Mar 7, 2012
Sold by
Porter Martha
Bought by
Moriarty James and Moriarty Jennifer

Purchase Details

Closed on
Nov 18, 2011
Sold by
Hubbard Cynthia P
Bought by
Moriarty James and Moriarty Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chambers Shaun M $3,050,000 None Available
Garton James F -- --
Garton James F $2,325,000 --
Moriarty James -- --
Moriarty James $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Shaun M $1,500,000
Previous Owner Garton James F $1,100,000
Previous Owner Moriarty James $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $3,050,000 -6.1% $610 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $3,249,000 -- $650 / Sq Ft
Source: CHS Regional MLS

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 $12,641 $122,000 $0 $0
2023 $11,148 $122,000 $0 $0
2022 $10,489 $122,000 $0 $0
2021 $11,616 $122,000 $0 $0
2020 $12,011 $122,000 $0 $0
2019 $11,908 $122,000 $0 $0
2017 $8,975 $93,000 $0 $0
2016 $8,510 $93,000 $0 $0
2015 $8,929 $93,000 $0 $0
2014 $8,543 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 17003543

CHS Regional MLS

APN: 514-07-00-035

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