$1,185,000
SOLD OCT 13, 2020

42 Fairway Oaks Ln Isle of Palms, SC 29451

4 Beds
3.5 Baths
4,130 Sq Ft
0.32 Acres

Recently Sold

$287 Per Sq Ft

124 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Golf Course Community
  • Sullivans Island Elementary School Rated A
  • Beach Access
  • In Ground Pool

About This Home

As of October 2020

42 Fairway Oaks is a very well built 4 bedroom 3 1/2 bath home. The current owners updated many items in the last year including: new appliances, master bathroom update, interior painting, pool converted to saltwater system, upstairs carpets, can lighting installed, interior accent beams, Icemaker, slat wall and feature wall systems,larger tv's in living and master bedroom and many other items. Huge garage and bonus space downstairs. Very low maintenance yard. Close to the center of the resort and all the amenities.

Last Agent to Sell the Property

David Nelson

Wild Dunes Real Estate, LLC License #67707 Listed on: 03/10/2020

Last Buyer's Agent

Kat Drerup

Real Broker, LLC License #93581

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 1996

Lot Details

  • 0.32 Acre Lot
  • Elevated Lot

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 4,130 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Beamed Ceilings
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Lagoon Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Balcony
  • Patio
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • Wild Dunes Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,211

Year Built

Built in 1996

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1996
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.32
  • Subdivision Name: Wild Dunes
  • Directions: From The Main Gate Of Wild Dunes Follow Palmetto Drive 1.3 Miles. Turn On Fairway Oaks Lane. First House On The Left Side.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Office, Separate Dining, Utility
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre, High
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Lagoon
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Patio And Porch Features: Patio, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Gated, Golf Course, Golf Membership Available, Marina, Park, Security, Trash, Walk/Jog Trails
  • Association Fee: 824
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041100057
  • Tax Annual Amount: 3210.6

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Aug 22, 2020
Sold by
Henderson Shane Bradley
Bought by
Simpson Randy L and Simpson Lorene S
Seller's Agent
David Nelson
Wild Dunes Real Estate, LLC
Buyer's Agent
Kat Drerup
Real Broker, LLC
List Price
$1,185,000
Sold Price
$1,185,000
Total Days on Market
124
Current Estimated Value
$2,364,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,179,849
Avg. Annual Appreciation
17.60%
Original Mortgage
$948,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2018
Closed on
May 29, 2019
Sold by
Smartt Harriet B
Bought by
Henderson Shane Bradley
Seller's Agent
Ann Evans
Carolina One Real Estate
Buyer's Agent
Ann Evans
Carolina One Real Estate
List Price
$1,165,000
Sold Price
$1,050,000
Premium/Discount to List
-$115,000
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$944,895
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2018
Closed on
May 2, 2019
Sold by
The Harriet B Smartt Living Trust
Bought by
The Harriet B Smartt Living Trust
Seller's Agent
Ann Evans
Carolina One Real Estate
Buyer's Agent
Ann Evans
Carolina One Real Estate
List Price
$1,165,000
Sold Price
$1,050,000
Premium/Discount to List
-$115,000
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,895
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2019
Sold by
Smartt Richard W and Smartt Harriet B
Bought by
The Harriet B Smartt Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,185,000 None Available
Deed $1,050,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $948,000 New Conventional
Previous Owner $944,895 New Conventional
Previous Owner $1,050,000 Negative Amortization
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $1,185,000 0.0% $287 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $1,185,000 +12.9% $287 / Sq Ft
05/30/2019 05/30/19 Sold $1,050,000 -9.9% $254 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
08/30/2018 08/30/18 For Sale $1,165,000 -- $282 / 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
2023 $16,416 $71,100 $0 $0
2022 $15,462 $71,100 $0 $0
2021 $15,287 $71,100 $0 $0
2020 $3,663 $42,000 $0 $0
2019 $3,211 $35,760 $0 $0
2017 $3,115 $37,760 $0 $0
2016 $2,918 $37,760 $0 $0
2015 $3,130 $37,760 $0 $0
2014 $3,212 $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: 20006891

CHS Regional MLS

APN: 604-11-00-057