NOT LISTED FOR SALE

3426 Princess Pond Rd Summerton, SC 29148

Estimated Value: $1,035,000 - $1,277,000

5 Beds
3 Baths
2,890 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $1,250,000 $433 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,915/month

106 Days on Market

Highlights

  • Lake Front
  • Boat Lift
  • Lake Privileges
  • Pier or Dock
  • In Ground Pool
  • Traditional Architecture

About This Home

As of June 2024

Welcome to the Luxury Lake Marion Dream Home! Brand new metal roof December 2023. Situated directly on the big waters of Lake Marion, this investors dream home is one of the most successful properties on Lake Marion currently listed on Airbnb. No expense was spared in the 2020 renovation of this home to include custom heated and cooled infinity pool, sunken hot tub, screened in porch, lanai doors, chefs kitchen, 5 large bedrooms, 3 full bathrooms, detached 2 car garage plus detached maintenance shed. Enjoy breathtaking sunsets over the lake with expansive views of the 95 bridge, Santee, Limestone cliffs at Vance and Mill Creek. Custom landscaped yard with exterior lighting system covering entire property, private dock and boat lift. Tour this turnkey investment opportunity before it's gon

Last Agent to Sell the Property

Stuart Hovermale

Brand Name Real Estate License #104123 Listed on: 07/13/2023

Last Buyer's Agent

Ann Evans

Carolina One Real Estate License #39190

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,363

Year Built

  • Built in 1975

Lot Details

  • 0.84 Acre Lot
  • Lake Front
  • Aluminum or Metal Fence
  • Well Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Cottage
  • Slab Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 2,890 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Insulated Doors
  • Family Room with Fireplace
  • Home Security System

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Above Ground Pool
  • Spa

Outdoor Features

  • Boat Lift
  • Lake Privileges
  • Screened Patio
  • Exterior Lighting
  • Separate Outdoor Workshop

Schools

  • St. Paul Primary Elementary School
  • Scotts Middle School
  • Scotts High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

Overview

  • Prince Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,363

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage, Traditional
  • Year Built: 1975
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.84
  • Water Body Name: Lake Marion
  • Subdivision Name: Prince
  • Directions: I-95 Exit 102 Left On Dingle Pond Rd, Right On Princess Pond Rd. Home Is Approximately 2 Miles Up On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub/Spa
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Some Thermal Door(s)
  • Entry Location: Ground Level
  • Fireplace Features: Family Room, One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling - Smooth, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s)
  • Window Features: Some Thermal Wnd/Doors
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal, See Remarks
  • Fencing: Fence - Metal Enclosed
  • Lot Features: .5 - 1 Acre
  • Pool Features: Pool - Elevated, In Ground
  • Pool Private: Yes
  • Waterfront Features: Lake Privileges, Lake Front, Lakefront - Marion, Seawall
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Boatlift, Dock - Existing, Lawn Irrigation, Lawn Well, Lighting
  • Foundation Details: Slab
  • Other Structures: Yes, Workshop, Other
  • Patio And Porch Features: Screened, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Detached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: St. Paul Primary
  • High School: Scotts
  • Middle Or Junior School: Scotts

Lot Info

  • Lot Size Sq Ft: 36590.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 064020100500

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Jun 19, 2024
Sold by
3426 Princess Pond Rd Llc
Bought by
Fahney Christopher and Felkel Fahney Kathryn
Seller's Agent
Stuart Hovermale
Brand Name Real Estate
Buyer's Agent
Ann Evans
Carolina One Real Estate
List Price
$1,290,000
Sold Price
$1,250,000
Premium/Discount to List
-$40,000
-3.1%
Views
293
Current Estimated Value
$1,180,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,029
Avg. Annual Appreciation
4.80%
Original Mortgage
$875,000
Outstanding Balance
$865,508
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$458,042

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jun 16, 2022
Sold by
Ghc-Real Estate Llc
Bought by
Princess Pond Rd Llc
Seller's Agent
Susan Stroman
Premier Properties of the Carolinas
Buyer's Agent
Racheal King
NextHome The Agency Group
List Price
$1,100,000
Sold Price
$1,040,000
Premium/Discount to List
-$60,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$720,000
Interest Rate
5.1%
Mortgage Type
New Conventional
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
Fahney Christopher $1,250,000 None Listed On Document
Princess Pond Rd Llc $1,040,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahney Christopher $875,000
Previous Owner Princess Pond Rd Llc $720,000
Previous Owner Ghc Real Estate Llc $300,000
Previous Owner Cregg David C $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $1,250,000 -3.5% $433 / Sq Ft
12/08/2023 12/08/23 Price Changed $1,295,000 +0.4% $448 / Sq Ft
12/07/2023 12/07/23 For Sale $1,290,000 0.0% $446 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $1,290,000 -7.5% $446 / Sq Ft
07/13/2023 07/13/23 For Sale $1,395,000 +34.1% $483 / Sq Ft
06/21/2022 06/21/22 Sold $1,040,000 -5.5% $413 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $1,100,000 +175.0% $437 / Sq Ft
06/20/2019 06/20/19 Sold $400,000 +1.3% $172 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $395,000 -- $170 / 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 $18,363 $46,782 $13,500 $33,282
2023 $17,875 $46,783 $13,500 $33,283
2022 $16,156 $42,691 $14,656 $28,035
2021 $8,904 $31,368 $14,100 $17,268
2020 $8,904 $23,778 $0 $0
2019 $6,040 $15,843 $0 $0
2018 $5,859 $15,843 $0 $0
2017 $5,439 $14,747 $0 $0
2016 $5,316 $14,747 $0 $0
2015 $4,845 $13,777 $6,745 $7,032
2014 $4,768 $13,777 $6,745 $7,032
2013 -- $13,777 $6,745 $7,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 23015881

CHS Regional MLS

APN: 064-02-01-005-00