NOT LISTED FOR SALE

281 Forest Trail Isle of Palms, SC 29451

Estimated Value: $1,569,000 - $1,739,000

5 Beds
2 Baths
1,869 Sq Ft
$878/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $900,000 $482 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,999/month

18 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Great Room
  • Sullivans Island Elementary School Rated A
  • Wood Flooring
  • Front Porch

About This Home

As of March 2021

This Isle of Palms home is a short 8 minute walk to the beach (about 4 blocks), or a short walk to the marina (3 blocks). Enjoy waterfront dining at Morgan Creek Grill and stroll home afterwards. This traditional beach house offers drive-under parking and storage on ground level. There are 3 bedrooms and one and a half baths on the next level, and an open kitchen/family area. The next level offers 2 bedrooms and one bath. A full front porch and deck in rear offer additional space to enjoy the ocean breeze. The entire lot is .36 acre. There is plenty of land behind this home to expand this home to the rear or build a huge swimming pool. There are so many options available here, so don't miss out on this rare find in Isle of Palms!

Last Agent to Sell the Property

Ben Grotte

The Boulevard Company License #118737 Listed on: 12/20/2020

The Boulevard Company

Last Buyer's Agent

Katie Donohoe

Papyrus Properties, LLC License #57136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,481

Year Built

  • Built in 1999

Lot Details

  • 0.36 Acre Lot
  • Elevated Lot

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,869 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,481

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1999
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.36
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Palm Blvd To 41st Ave , Take Left Onto Forest Trail, House Down On Right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Kitchen Island, Walk-In Closet(s), Eat-in Kitchen, Family, Great, Living/Dining Combo, In-Law Floorplan
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre, High
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 15681.599999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710700079
  • Tax Annual Amount: 6481.24

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2020
Closed on
Feb 19, 2021
Sold by
Metts Betty Jo K
Bought by
Freeling Michael R and Freeling Brandy L
Seller's Agent
Ben Grotte
The Boulevard Company
Buyer's Agent
Katie Donohoe
Papyrus Properties, LLC
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$1,597,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,854
Avg. Annual Appreciation
13.91%
Original Mortgage
$807,500
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Freeling Michael R $900,000 None Listed On Document
Freeling Michael R $900,000 Weeks & Irvine Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeung Michael R $180,000
Closed Freeling Michael R $915,000
Previous Owner Freeling Michael R $807,500
Previous Owner Metts Michael R $153,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $900,000 0.0% $482 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $900,000 -- $482 / 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 $3,011 $38,000 $0 $0
2023 $3,011 $36,000 $0 $0
2022 $2,840 $54,000 $0 $0
2021 $7,155 $21,900 $0 $0
2020 $7,059 $32,850 $0 $0
2019 $6,481 $28,570 $0 $0
2017 $6,186 $28,570 $0 $0
2016 $5,941 $28,570 $0 $0
2015 $5,655 $28,570 $0 $0
2014 $5,143 $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: 20033463

CHS Regional MLS

APN: 571-07-00-079