NOT LISTED FOR SALE

278 Forest Trail Isle of Palms, SC 29451

Estimated Value: $2,358,000 - $2,476,423

0.62 Acre
$3,881,219 Price per Acre
27,007 Sq Ft Lot

Last Sold September 30, 2016

Last sale price $420,000

Est. 473% increase in value since last sale

Current estimated payment $13,015/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

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

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

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
$2,406,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,986,356
Avg. Annual Appreciation
20.92%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Closed Howe Shevlin $270,000
Previous Owner Little John S $334,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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 $4,280 $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

    15 in this area

    106 Total Sales

    Clay Cunningham
    Section Image
  • John Denning

    Buyer's Agent in 2016

    John Denning

    Wild Dunes Real Estate, LLC

    (800) 562-9453

    14 in this area

    20 Total Sales

    John Denning
    Section Image

  • D

    Buyer's Agent in 2016

    Dianne Broom

    Carolina One Real Estate

    (843) 284-1800

    48 Total Sales

    Dianne Broom
    Section Image
See All Agents

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

Not Listed for Sale

Lots

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