242 Forest Trail Isle of Palms, SC 29451
Estimated Value: $3,002,000 - $3,405,039
5
Beds
6
Baths
3,661
Sq Ft
$870/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Deck
- Cathedral Ceiling
- Sullivans Island Elementary School Rated A
- Traditional Architecture
- Wood Flooring
About This Home
As of August 2020HAVE 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
Matt O'Neill Real Estate License #90749 Listed on: 03/27/2020
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
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%
Total Days on Market
111
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,511,510
Avg. Annual Appreciation
14.43%
Original Mortgage
$1,256,250
Outstanding Balance
$1,129,314
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,057,196
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
Similar Homes in Isle of Palms, SC
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
Average Home Value in this Area
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 | |
| Previous Owner | Gladden Susan D | $300,000 |
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
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 |
|---|---|---|---|---|
| 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
-
Missy Reid
M
Seller's Agent in 2020
Missy Reid
Matt O'Neill Real Estate
(843) 619-0401
8 in this area
88 Total Sales
-
Stephen Long
S
Buyer's Agent in 2020
Stephen Long
Birchin Lane Realty Advisors, LLC
(843) 408-0858
2 in this area
2 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 20008689
APN: 571-10-00-114
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The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved
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