NOT LISTED FOR SALE

25 Fairway Oaks Ln Isle of Palms, SC 29451

Estimated Value: $1,833,000 - $2,091,000

5 Beds
4.5 Baths
3,025 Sq Ft
$660/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $922,777 $305 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $11,486/month

176 Days on Market

Highlights

  • Two Primary Bedrooms
  • Gated Community
  • Deck
  • Sullivans Island Elementary School Rated A
  • Lagoon View
  • Traditional Architecture

About This Home

As of July 2020

REDUCED! THE lowest-priced 5 bedroom home inside Wild Dunes Resort. GREAT VALUE! Immediately upon entering 25 Fairway Oaks, your eyes will be drawn to the water and the abundant natural light throughout the home. The current owners have done a wonderful job opening up the main floor to incorporate the views, yet maintaining defined spaces. 5 bedrooms and 4.5 baths, with a game/flex room currently set up as a 6th bedroom. Solid established rental history. Sold FULLY-FURNISHED turn-key (including golf cart and bikes), so you can start enjoying and/or acquiring rental income right after closing. The large, updated kitchen features plenty of counter and cabinet space, stainless steel appliances, an island that seats 6, granite countertops, and three sets of French doors openingto the deck. The living area has high vaulted ceilings, a wall of 7 casement windows to maximize the view, and large windows and doors on either side to connect with the deck and screen porch. The main master is on the first floor with a walk-in closet and access to the screen porch with water views. Current owners also added a full bedroom with private bath over the garage, which can serve as another master bedroom suite. There is also possibility to create another private ensuite with the top floor bathroom and far bedroom. Other features included bamboo wood floors throughout, tile in baths, crown molding in most areas and bedrooms, surround sound, new enlarged deck that is shaded in the afternoon, security system, and laundry room. Fairway Oaks is a quiet but centrally located spot within the resort where you can walk to the beach and to the resort amenities/The Village, or bike or take your golf cart to the Property Owners Beach House or other beach access points. Sold subject to tenants' rights and SC Vacation Rental Act. Floor plan available. Club memberships available. *A $2,900 Lender Credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions.

Last Agent to Sell the Property

Charles Hamrick

Carolina One Real Estate License #51893 Listed on: 12/04/2019

Last Buyer's Agent

Michael Simmons

Carolina One Real Estate License #86002

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1982

Lot Details

  • 0.28 Acre Lot
  • Interior Lot
  • Irrigation

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 3,025 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Game Room
  • Lagoon Views
  • Home Security System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Bamboo
  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • No Heating

Community Details

Overview

  • Club Membership Available
  • Wild Dunes Subdivision

Recreation

  • Golf Course Membership Available
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,035

Year Built

Built in 1982

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1982
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.28
  • Subdivision Name: Wild Dunes
  • Directions: Iop Connector, Left At Light Onto Palm Blvd., Follow To Wild Dunes Resort, Straight Through Gate On Palmetto, Left Onto Lagoon After Tennis Courts, Right Onto Fairway Oaks, Home On Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood, Bamboo
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Game, Great
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Outside Access
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Lot Features: Interior Lot
  • Waterfront Features: Lagoon
  • Construction Type: Cement Plank
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Front Porch, Screened
  • 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
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Gated, Golf Membership Available, Park, Security, Trash, Walk/Jog Trails
  • Association Fee: 824
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041100040

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jul 7, 2020
Sold by
Ashcraft Thomas L and Ashcraft Kimberly S
Bought by
Shields Andrew and Shields Lori
Seller's Agent
Charles Hamrick
Carolina One Real Estate
Buyer's Agent
Michael Simmons
Carolina One Real Estate
List Price
$985,000
Sold Price
$922,777
Premium/Discount to List
-$62,223
-6.32%
Total Days on Market
176
Current Estimated Value
$1,996,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,634
Avg. Annual Appreciation
16.01%
Original Mortgage
$645,943
Outstanding Balance
$579,407
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,336,931

Purchase Details

Closed on
Jul 16, 2008
Sold by
Ratliff John W and Ratliff Karen
Bought by
Ashcraft Thomas L and Ashcraft Kimberly S

Purchase Details

Closed on
Sep 23, 2004
Sold by
Molamphy Patrick D and Molamphy Jodie C
Bought by
Ratliff John W and Ratliff Karen

Purchase Details

Closed on
Sep 29, 2003
Sold by
Law John H and Law Shirley R
Bought by
Molamphy Patrick D and Molamphy Jodie C
Source: Public Records

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Range of Values:

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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
Shields Andrew $922,777 None Available
Ashcraft Thomas L $765,000 --
Ratliff John W $720,000 --
Molamphy Patrick D $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Andrew $645,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $922,777 -6.3% $305 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $985,000 -- $326 / 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
2023 $3,035 $38,320 $0 $0
2022 $2,909 $36,920 $0 $0
2021 $3,121 $36,920 $0 $0
2020 $11,526 $36,110 $0 $0
2019 $10,574 $47,100 $0 $0
2017 $10,102 $47,100 $0 $0
2016 $9,699 $47,100 $0 $0
2015 $9,235 $47,100 $0 $0
2014 $9,223 $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: 19032942

CHS Regional MLS

APN: 604-11-00-040