NOT LISTED FOR SALE

278 Forest Trail Isle of Palms, SC 29451

Estimated Value: $2,422,163 - $2,871,000

0.62 Acre
$4,135,953 Price per Acre
27,007 Sq Ft Lot

Last Sold September 30, 2016

Last sale price $420,000

Est. 511% increase in value since last sale

Current estimated payment $14,374/month

35 Days on Market

Highlights

  • Boat Ramp
  • Beach Access
  • Wooded Lot
  • Sullivans Island Elementary School Rated A
  • 0.62 Acre Lot

About This Lot

As of September 2016

Large home site with beautiful trees in secluded Forest Trail area of the island. Situated in the middle of the Isle Of Palms only blocks to the ocean and blocks to the marina. Tree survey and elevation available.

Last Agent to Sell the Property

Clay Cunningham

Carolina One Real Estate License #7522 Listed on: 07/15/2016

Carolina One Real Estate

Last Buyer's Agent

John Denning

Wild Dunes Real Estate, LLC License #8173

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,006

Lot Details

  • 0.62 Acre Lot
  • Wooded Lot
  • Finished Lot(s)

Schools

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

Community Details

Overview

  • Forest Trail Subdivision

Recreation

  • Boat Ramp
  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$4,006

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.62
  • Road Frontage Type: City Street
  • Subdivision Name: Forest Trail
  • Directions: Palm Blvd To 41st Ave, Left Onto Forest Trail, Home Site Will Be Around On The Left.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: .5 - 1 Acre, Wooded
  • Waterfront Features: Beach Access

Garage/Parking

  • Open Parking: No

Condo/Co-op/Association

  • Community Features: Boat Ramp

Schools

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

Lot Info

  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 27007.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5711100182

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Sep 28, 2016
Sold by
Little John S and Little Marisa D
Bought by
Howe Shevlin and Howe Maria
Seller's Agent
Clay Cunningham
Carolina One Real Estate
Buyer's Agent
John Denning
Wild Dunes Real Estate, LLC
List Price
$445,000
Sold Price
$420,000
Premium/Discount to List
-$25,000
-5.62%
Current Estimated Value
$2,564,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,144,291
Avg. Annual Appreciation
21.14%
Original Mortgage
$270,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2015
Closed on
May 5, 2016
Sold by
Richmond Mark A and Richmond Donna Mason
Bought by
Little John S and Little Marisa D
Buyer's Agent
Dianne Broom
Carolina One Real Estate
List Price
$418,500
Sold Price
$418,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$334,800
Interest Rate
3.71%
Mortgage Type
Closed End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Howe Shevlin $420,000 --
Little John S $418,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe Shevlin $789,000
Closed Howe Shevlin $800,000
Closed Howe Shevlin $974,000
Closed Howe Shevlin $270,000
Previous Owner Little John S $334,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $420,000 -5.6% --
08/20/2016 08/20/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $445,000 +6.3% --
05/05/2016 05/05/16 Sold $418,500 0.0% --
04/05/2016 04/05/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $418,500 -- --
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 $4,006 $51,550 $0 $0
2023 $4,006 $51,550 $0 $0
2022 $3,993 $51,550 $0 $0
2021 $4,290 $51,550 $0 $0
2020 $4,421 $51,550 $0 $0
2019 $5,668 $17,000 $0 $0
2017 $5,414 $25,500 $0 $0
2016 $3,370 $16,500 $0 $0
2015 $3,206 $16,500 $0 $0
2014 $3,926 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Clay Cunningham

    Seller's Agent in 2016

    Clay Cunningham

    Carolina One Real Estate

    (843) 345-4647

    19 in this area

    113 Total Sales

    Section Image
  • John Denning

    Buyer's Agent in 2016

    John Denning

    Wild Dunes Real Estate, LLC

    (800) 562-9453

    23 in this area

    30 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Dianne Broom

    Carolina One Real Estate

    (843) 284-1800

    51 Total Sales

    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 16018902

CHS Regional MLS

APN: 571-11-00-182

South Carolina Charleston County Isle Of Palms 29451

278 Forest Trail, Isle Of Palms, SC

This home is located at 278 Forest Trail, Isle of Palms, SC 29451 since 15 July 2016 and is currently estimated at $2,564,291. 278 Forest Trail is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS 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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