NOT LISTED FOR SALE

Estimated Value: $550,220 - $586,000

4 Beds
3.5 Baths
2,984 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $390,000 $131 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,231/month

36 Days on Market

Highlights

  • Lake Privileges
  • Traditional Architecture
  • Loft
  • Cane Bay Elementary School Rated 9+
  • Wood Flooring
  • High Ceiling

About This Home

As of October 2020

INCREDIBLE VIEWS AND LAKE LIFE ENJOYMENT !!! You won't want to miss out on this gorgeous home in The Coves at The Lakes of Cane Bay, with dreamy lake views and plenty of water sport activity to be had. As a resident of The Coves you will obtain membership to a private 300 acre lake system. With access just steps away, you can enjoy kayaking, canoeing, fishing, paddleboarding, and even small electric motor boat cruises in your backyard! Take a golf cart ride around the lake and soak in the breathtaking colors of our South Carolina sunsets from the beautifully maintained pavilion. Bring a bottle of wine and a blanket and make yourself comfortable while you take in the calming scenery of the sun slowly drifting beyond the water and the landscape of tall pine trees.When not out enjoying the lake, you will love entertaining in your gourmet kitchen with beautiful quartz counter tops and an open floor plan that leads into a living space equipped with a custom bar highlighting two wine refrigerators, a custom shiplap wall, and custom built-in shelves and lighting. More space for entertaining can be found in the front dining room, with access to the kitchen as you pass the large double-door pantry.

Relax on one of the two front balconies or kick back on the screened in porch that overlooks the lake and boat house. On those chilly nights you may choose to cozy-up by the fireplace, or perhaps you will choose to relax outside around the fire pit with the lake as your backdrop.

Wake up each morning in your spacious master bedroom while watching the reflection of the sunrise on the water from your bed. The master bathroom has a garden tub, separate shower, water closet, and double-sink vanity. It also features a large window overlooking the same incredible views of the lake and boathouse. Three more bedrooms, two more full bathrooms, a sizable laundry room, and a loft area for extra living space (with access to the upper balcony), round out the second floor. Your three-car garage will give you ample space for vehicles, a golf cart, kayaks or even a boat!

The Coves resort-style pool is a just a hop, skip, and a jump away, yet is buffered by a hedge of trees and bushes, as well as an expansive open green space. At the pool you may meet some of your new neighbors, who are known to give very warm welcomes! A note from the owner: "What we love most about living in The Coves are the warm and welcoming neighbors we have. We have never lived in a community where our neighbors were so willing to lend a helping hand. We are a family here and we take care of each other".

By being a part of The Coves and The Lakes community you can enjoy the lifestyle of low country living, while having the modern conveniences of shopping, dining, banking, and fueling just minutes away. The Market of Cane Bay is an easy golf cart ride away through the tree-lined trails that follow the boulevard. Cane Bay also recently opened a new YMCA and a new fire station, both of which are within walking distance of The Coves.

Historic Downtown Summerville is a quaint town with a so much to offer, and only about a 20 minute drive from The Coves. Your drive to Downtown Charleston can be done in as little as 35 minutes, and the beautiful Charleston area beaches are only a short distance from there.

Last Agent to Sell the Property

Karen Fistler

The Firm Real Estate Company License #117038 Listed on: 07/27/2020

The Firm Real Estate Company

Last Buyer's Agent

Christina Sineath

NextHome The Agency Group License #39439

NextHome The Agency Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 2016

Lot Details

  • 8,712 Sq Ft Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 2,984 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer Hookup

Outdoor Features

  • Lake Privileges
  • Balcony
  • Screened Patio
  • Front Porch

Schools

  • Cane Bay Elementary And Middle School
  • Cane Bay High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • Cane Bay Plantation Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 2016

Lot Details

0

HOA Fees

$71 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2016
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.2
  • Ownership: Fee Simple
  • Subdivision Name: Cane Bay Plantation
  • Directions: Highway 176 (state Road) To Cane Bay Blvd, Turn Into Cane Bay Plantation, Follow Boulevard For Approximately 3 Miles, Turn Right Into The Coves Subsection, Turn Right At Stop Sign On Calm Water Way, Home Will Be On The Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Tray Ceiling(s), High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Loft, Pantry, Separate Dining
  • Window Features: Window Treatments
  • Master Bedroom Features: Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Lake Privileges
  • Construction Type: Cement Plank
  • Exterior Features: Balcony
  • Foundation Details: Raised Slab
  • Patio And Porch Features: Front Porch, Screened
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: BCW & SA, Berkeley Elect Co-Op, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Trash
  • Association Fee: 854
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Cane Bay
  • High School: Cane Bay High School
  • Middle Or Junior School: Cane Bay

Lot Info

  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Acres

Multi Family

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 30, 2020
Sold by
Bayorek Charles F
Bought by
Montemayor Mark V and Montemayor Zandra R
Seller's Agent
Karen Fistler
The Firm Real Estate Company
Buyer's Agent
Christina Sineath
NextHome The Agency Group
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Current Estimated Value
$570,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,055
Avg. Annual Appreciation
7.77%
Original Mortgage
$404,040
Outstanding Balance
$359,372
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$210,683

Purchase Details

Listed on
May 7, 2016
Closed on
Sep 30, 2016
Sold by
Crescent Homes Sc Llc
Bought by
Bayorek Charles F and Bayorek Lisa A
Seller's Agent
Nicole Amerson
DFH Realty Georgia, LLC
Buyer's Agent
Rochelle Rennert
AgentOwned Realty
List Price
$362,098
Sold Price
$362,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$369,883
Interest Rate
3.46%
Mortgage Type
VA

Purchase Details

Closed on
Jul 9, 2015
Sold by
Cane Bay Lakes Llc
Bought by
Crescent Homes Sc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Interest Rate
4.08%
Mortgage Type
Construction
Source: Public Records

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 Buyer Sale Price Title Company
Montemayor Mark V $390,000 None Listed On Document
Bayorek Charles F $362,098 --
Crescent Homes Sc Llc $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montemayor Mark V $404,040
Previous Owner Bayorek Charles F $369,883
Previous Owner Crescent Homes Sc Llc $25,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $390,000 -8.2% $131 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $425,000 +17.4% $142 / Sq Ft
10/03/2016 10/03/16 Sold $362,098 0.0% $130 / Sq Ft View Prior Sale
09/03/2016 09/03/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $362,098 -- $130 / 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
2025 $1,930 $450,225 $86,992 $363,233
2024 $1,861 $18,009 $3,480 $14,529
2023 $1,861 $18,009 $3,480 $14,529
2022 $6,387 $15,660 $3,000 $12,660
2021 $6,437 $14,780 $2,800 $11,976
2020 $1,852 $14,776 $2,800 $11,976
2019 $1,838 $14,776 $2,800 $11,976
2018 $1,809 $14,064 $2,500 $11,564
2017 $6,009 $21,096 $3,750 $17,346
2016 $88 $21,100 $3,750 $17,350
2015 $84 $280 $280 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: CHS Regional MLS

MLS Number: 20020683

CHS Regional MLS

APN: 179-16-02-054