NOT LISTED FOR SALE

242 Forest Trail Isle of Palms, SC 29451

Estimated Value: $2,947,000 - $3,501,654

5 Beds
6 Baths
3,661 Sq Ft
$870/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $1,675,000 $458 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $18,912/month

111 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Cathedral Ceiling
  • Sullivans Island Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of August 2020

HAVE IT ALL ON THE ISLE OF PALMS!! Just 2 blocks from the ocean, this classic island home offers privacy, spacious living, saltwater pool, elevator and lush, mature landscaping on an elevated, fenced corner lot. With 5 bedrooms and 4+ baths, there is plenty of room for guests and entertaining. Enjoy a gourmet kitchen, living room with a fireplace, dining room and an elegant master suite on the main level. A large, all season porch, offers relaxing views of the backyard, in-ground pool and fountain. An enclosed level of approximately 1800 additional sq ft (not counted in square footage) offers garage parking, game area, media room, office and half bath. Additional off street parking with water hook-up is ideal for a boat. NO HOA fees. This timeless home is truly a gem.Additional features include:

-Hardwood floors
-Kitchen has granite counters, breakfast bar seating, center island and a built-in bench in the eat-in area
-Master bedroom has a built-in entertainment center and storage
-Master bath has a dual vanity, jetted tub, large walk-in shower and two walk in closets with built-ins.
-Sprinkler system and landscaping lights
-Underground power lines

Book your showing today!

Last Agent to Sell the Property

Missy Reid

Matt O'Neill Real Estate License #90749 Listed on: 03/27/2020

Last Buyer's Agent

Stephen Long

Birchin Lane Realty Advisors, LLC License #74277

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 2006

Lot Details

  • 0.45 Acre Lot
  • Privacy Fence
  • Wood Fence

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,661 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

  • Sullivans Island Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • Forest Trail Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,931

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2006
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.45
  • Ownership: Fee Simple
  • Subdivision Name: Forest Trail
  • Directions: From Palm Blvd, Turn Left Onto 34th Ave. The House Is 3 Blocks 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, Dryer, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Office, Pantry, Separate Dining, Utility
  • Master Bedroom Features: Ceiling Fan(s), Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Fencing: Privacy, Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Stucco, Vinyl Siding
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Covered, Front Porch, Porch - Full Front, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage, Attached
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash

Schools

  • Elementary School: Sullivans Island
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • Lot Size Sq Ft: 19602
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5711000114
  • Tax Annual Amount: 3930.6

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Aug 20, 2020
Sold by
Decapua William J and Decaoua Gayla J
Bought by
Lewis Jeffrey Scott and Lewis Amy Long
Seller's Agent
Missy Reid
Matt O'Neill Real Estate
Buyer's Agent
Stephen Long
Birchin Lane Realty Advisors, LLC
List Price
$1,749,000
Sold Price
$1,675,000
Premium/Discount to List
-$74,000
-4.23%
Current Estimated Value
$3,184,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,509,164
Avg. Annual Appreciation
14.29%
Original Mortgage
$1,256,250
Outstanding Balance
$1,119,384
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,186,246

Purchase Details

Closed on
Oct 16, 2009
Sold by
Gladden Susan D
Bought by
Decapua William J and Decapua Gayla J

Purchase Details

Closed on
Sep 5, 2006
Sold by
Gladden Construction Llc
Bought by
Gladden Susan D

Purchase Details

Closed on
May 19, 2005
Sold by
Gore Beth L and Mellage John
Bought by
Gladden Construction Llc

Purchase Details

Closed on
Mar 7, 2005
Sold by
Jordan Hinson Marion
Bought by
Hinson Marion J
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
Lewis Jeffrey Scott $1,675,000 None Available
Decapua William J $1,085,000 --
Gladden Susan D $527,000 None Available
Gladden Construction Llc $527,000 --
Hinson Marion J -- --
Gore Beth L $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Jeffrey Scott $1,256,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $1,675,000 -4.2% $458 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $1,749,000 -- $478 / 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
2024 $25,162 $109,500 $0 $0
2023 $25,162 $109,500 $0 $0
2022 $23,721 $109,500 $0 $0
2021 $21,537 $100,500 $0 $0
2020 $4,400 $50,860 $0 $0
2019 $3,931 $44,230 $0 $0
2017 $3,818 $44,230 $0 $0
2016 $3,575 $44,230 $0 $0
2015 $3,839 $44,230 $0 $0
2014 $3,478 $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: 20008689

CHS Regional MLS

APN: 571-10-00-114