NOT LISTED FOR SALE

28 Formosa Dr Charleston, SC 29407

Estimated Value: $1,458,000 - $1,986,220

3 Beds
3 Baths
3,900 Sq Ft
$446/Sq Ft Est. Value

Last Sold February 08, 2016

Last sale price $620,000 $159 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $9,509/month

129 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Sun or Florida Room
  • St. Andrews School Of Math And Science Rated A
  • Wood Flooring
  • Home Office

About This Home

As of February 2016

Classic beauty of a home in Wappoo Heights, one of Charleston's oldest neighborhoods. Just 5 minutes from downtown's amenities & services and a short walk around the corner to South Windermere Shopping Center with grocery store, library, restaurants and more. This traditional 1950s house had major upgrades in the early 1990s, and in 2007. Downstairs has a large eat-in kitchen, formal dining room, large living room with a gas fireplace, den w/built-in storage and a separate laundry room. Downstairs is graced throughout with lovely wood floors. Upstairs a large, recently remodeled second master suite has sitting room, two closets(one walk-in) and marble-floored bathroom. Another second floor room is an office, but could be a 4th bedroom. This has an extra large walk-in cedar storage closetA fabulous sun room leads outside to a very private fenced backyard with an in-ground pool. Winding paths lead through formal azalea and camellia gardens (many of the dozens of camellia varieties came from Magnolia Gardens in the 1950's) Backyard also has original brick grilling/entertaining area with large fireplace and oyster roasting pit. Wonderful plantings all around house include great live oaks, cherries, dogwoods, palms and much more providing ambient cooling. New 2007 HVAC upstairs w/ air cleaner. Downstairs system, in outside storage area, is completely upgraded with all new components, air cleaner w/ UV light and all new ducting throughout. A gas furnace is integrated into this system. Hot water and stove are also gas. A detached garage has a workshop area on one side. Property to be sold ''AS IS''.

Last Agent to Sell the Property

Trey Davidson Iii

RE/MAX Southern Shores License #92295 Listed on: 08/21/2015

Last Buyer's Agent

Trey Davidson Iii

RE/MAX Southern Shores License #92295 Listed on: 08/21/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,173

Year Built

  • Built in 1952

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100 x 200
  • Partially Fenced Property
  • Interior Lot
  • Level Lot
  • Well Sprinkler System

Parking

  • 1.5 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Utility Room with Study Area
  • Crawl Space
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Front Porch

Schools

  • St. Andrews Elementary School
  • West Ashley Middle School
  • West Ashley High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Wappoo Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,173

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1952
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.46
  • Lot Size: 100 x 200
  • Ownership: Fee Simple
  • Subdivision Name: Wappoo Heights
  • Directions: From Downtown, Cross West Ashley Bridge To Folly Road. Formosa Dr Is First Light Past South Windermere Shopping Center. Take Right Into Wappoo Heights And House Is Halfway Down On Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Some Thermal Door(s)
  • Fireplace Features: Gas Log, Living Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Formal Living, Office, Separate Dining, Study, Sun
  • Window Features: Some Thermal Wnd/Doors, Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial
  • Lot Features: Interior Lot, Level
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Brick Veneer
  • Exterior Features: Lawn Well
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 1.5
  • Garage Spaces: 1.5
  • Open Parking: No
  • Parking Features: 1.5 Car Garage
  • Total Parking Spaces: 1.5

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Schools

  • Elementary School: St. Andrews
  • High School: West Ashley
  • Middle Or Junior School: West Ashley

Lot Info

  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4211300058
  • Tax Annual Amount: 2173.43

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Feb 8, 2016
Sold by
Barton Charles Knight and Davidson Salley Barton
Bought by
Stang Christopher and Stang Lindsey
Seller's Agent
Trey Davidson Iii
RE/MAX Southern Shores
Buyer's Agent
Trey Davidson Iii
RE/MAX Southern Shores
List Price
$620,000
Sold Price
$620,000
Current Estimated Value
$1,740,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,120,055
Avg. Annual Appreciation
11.31%
Original Mortgage
$417,000
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2005
Sold by
Barton Norma T
Bought by
Barton Norma T and Barton Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Stang Christopher $620,000 --
Barton Norma T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stang Christopher $377,800
Closed Stang Christopher $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2016 02/08/16 Sold $620,000 0.0% $158 / Sq Ft
02/08/2016 02/08/16 Sold $620,000 0.0% $159 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
01/09/2016 01/09/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $620,000 0.0% $159 / Sq Ft
05/28/2015 05/28/15 For Sale $620,000 -- $158 / 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
2024 $3,843 $29,930 $0 $0
2023 $3,843 $29,930 $0 $0
2022 $3,605 $29,930 $0 $0
2021 $3,785 $29,930 $0 $0
2020 $3,927 $29,930 $0 $0
2019 $3,717 $27,800 $0 $0
2017 $3,209 $24,800 $0 $0
2016 $2,495 $21,980 $0 $0
2015 $2,580 $21,980 $0 $0
2014 $2,173 $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: 15022223

CHS Regional MLS

APN: 421-13-00-058