NOT LISTED FOR SALE

2837 Old Drake Dr Johns Island, SC 29455

Estimated Value: $2,098,000 - $2,836,000

4 Beds
4.5 Baths
3,868 Sq Ft
$648/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $1,400,000 $362 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $13,929/month

102 Days on Market

Highlights

  • Marina
  • Equestrian Center
  • Clubhouse
  • Boat Ramp
  • Fitness Center
  • Deck

About This Home

As of August 2018

Tranquil marshfront home located on Seabrook Island nestled into a dramatic yet serene Lowcountry setting. Take in expansive views of the marsh and tidal creek from nearly every room in the home. Enjoy boating, fishing or crabbing from your private dock. The design details in this reverse floorplan home marries Lowcountry coastal style with elegant sophistication. A light-filled open floor plan combines the living room, dining room and kitchen into one cohesive space. Thoughtful details include a coffered ceiling in the dining room, wainscoting, a gas fireplace and an abundance of natural light. A screened porch, opening from the living room, provides a great place to enjoy the beautiful Charleston weather with views of the marsh and creek. The chef's kitchen is outfitted with high-end stainless appliances while a center island, granite counters and subway tile backsplash add to its appeal. The peaceful master suite is located on the main floor and has access to a screened porch along with a stylishly appointed en suite bath with a soaking tub, subway tile and marble floors and shower. A secondary living room, with a wet bar, opens to a bedroom suite and both rooms have access to the expansive covered porch with views of the water. There are also two additional bedroom suites in the home along with an elevator and detached garage. Minutes from Seabrook Island beaches, clubhouse, golf and more.

Last Agent to Sell the Property

Heath Verner

The Cassina Group License #46849 Listed on: 04/06/2018

The Cassina Group

Co-Listed By

Chip Eiserhardt

The Cassina Group License #74527

Last Buyer's Agent

Joy Millar

Dunes Properties of Charleston Inc License #55983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,929

Year Built

  • Built in 2006

Lot Details

  • 0.58 Acre Lot
  • Property fronts a marsh
  • Irrigation
  • Tidal Wetland on Lot

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • 6 Car Garage

Home Design

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

Interior Spaces

  • 3,868 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Exterior Basement Entry
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Mt. Zion Elementary School
  • Haut Gap Middle School
  • St. Johns High School

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • Seabrook Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Golf Course Membership Available
  • Fitness Center
  • Horses Allowed in Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,929

Year Built

Built in 2006

Lot Details

0

HOA Fees

$168 per month

Parking

6

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2006
  • Property Sub Type: Single Family Detached
  • Horses: Yes
  • Lot Size Acres: 0.58
  • Co List Office Mls Id: 9122
  • Co List Office Phone: 843-628-0008
  • Ownership: Fee Simple
  • Subdivision Name: Seabrook Island
  • Directions: Go Through The Front Gate Then Left Onto Seabrook Island Rd. Take The Second Old Drake Dr Entrance On The Left. Home Is On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Tray Ceiling(s), High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Lot Features: .5 - 1 Acre
  • Waterfront Features: Marshfront, Tidal Creek, Waterfront - Shallow
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Dock - Existing, Elevator Shaft, Lawn Irrigation, Lighting
  • Foundation Details: Raised
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Open Parking: No
  • Parking Features: 2 Car Garage, 4 Car Garage, Detached
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Berkeley Elect Co-Op, SCE & G

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Equestrian Center, Fitness Center, Golf Membership Available, Horses OK, Marina, Walk/Jog Trails
  • Association Fee: 2021
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Mt. Zion
  • High School: St. Johns
  • Middle Or Junior School: Haut Gap

Lot Info

  • Lot Size Sq Ft: 25264.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 1491000059

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 31, 2018
Sold by
Boyce Gregory A
Bought by
Madaio Michael P and Madaio Pamela A
Seller's Agent
Heath Verner
The Cassina Group
Buyer's Agent
Joy Millar
Dunes Properties of Charleston Inc
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$2,505,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,719
Avg. Annual Appreciation
9.08%
Original Mortgage
$850,000
Outstanding Balance
$739,723
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,856,802

Purchase Details

Listed on
Feb 16, 2016
Closed on
Nov 30, 2016
Sold by
Mahoney Michael J and Mahoney Christine F
Bought by
Boyce Gregory A
Seller's Agent
Stuart Rumph
Seabrook Island Real Estate
Buyer's Agent
Heath Verner
The Cassina Group
List Price
$1,325,000
Sold Price
$1,325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$1,060,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2011
Sold by
Baxter Lawrence G
Bought by
Mahoney Michael J and Mahoney Christine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2006
Sold by
Lehigh Seabrook Ii Llc
Bought by
Baxter Lawrence G and Baxter Sharon R

Purchase Details

Closed on
Dec 6, 2003
Sold by
Dunn Kevin M and Dunn Jean M
Bought by
Lehigh Seabrook Ii Llc
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
Madaio Michael P $1,400,000 None Available
Boyce Gregory A $1,325,000 --
Mahoney Michael J $1,400,000 --
Baxter Lawrence G $1,995,000 None Available
Lehigh Seabrook Ii Llc $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madaio Michael P $850,000
Previous Owner Boyce Gregory A $1,060,000
Previous Owner Mahoney Michael J $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $1,400,000 0.0% $362 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $1,400,000 +5.7% $362 / Sq Ft
12/08/2016 12/08/16 Sold $1,325,000 0.0% $343 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $1,325,000 -- $343 / 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 $4,929 $54,000 $0 $0
2023 $4,929 $54,000 $0 $0
2022 $4,730 $54,000 $0 $0
2021 $5,027 $54,000 $0 $0
2020 $5,189 $54,000 $0 $0
2019 $5,464 $56,000 $0 $0
2017 $4,885 $52,800 $0 $0
2016 $15,816 $75,250 $0 $0
2015 $14,983 $75,250 $0 $0
2014 $16,317 $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: 18009419

CHS Regional MLS

APN: 149-10-00-059