42 Fairway Oaks Ln Isle of Palms, SC 29451
4
Beds
3.5
Baths
4,130
Sq Ft
0.32
Acres
Highlights
- Marina
- Boat Ramp
- Fitness Center
- Sullivans Island Elementary School Rated A
- Golf Course Community
- In Ground Pool
About This Home
As of October 2020Welcome home to the Island. This home was custom designed and built by Phillip Smith General Contractors. This peaceful, well built private oasis is one of a kind. Nothing short of elegance and amazing attention to detail throughout the entire house. The cook's kitchen is fantastic with tons of room for entertainment with a huge seating area for guests or the family and a magnificent island for preparing a feast. The dining room and living room both lead out to the gorgeous raised pool. The perfect home for your family or for guests coming to the island. The master suite is on the main level featuring a huge walk in closet and an office area with beautiful built in book cases. Walk up the gorgeous staircase up to the second floor featuring 3 bedrooms and 2 full baths.Two of the bedrooms overlook the pool area with a great Piazza for reading or having your morning coffee. All the rooms are large and bright with tons of natural light. The attic space has super easy walk in access, one of them being a cedar closet too. It would be simple to convert some extra space from the attic to add another bathroom or sitting room if desired. Excellent storage throughout the house. The house also has a surround sound speaker system, sprinkler system, outdoor shower and an elevator. The private beach access path is right across Palmetto Drive, about a block or two walk. Come love the lifestyle of Isle of Palms and Wild Dunes. Enjoy golf, the pools, tennis, Isle of Palms Marina, walking and jogging paths throughout the island, Isle of Palms Rec Center with more tennis courts, baseball fields, soccer, yoga classes, pilates, workout classes and an amazing playground for the kids. Live on vacation daily in the hidden gem of Isle of Palms. Must see to appreciate this amazing home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,115
Year Built
- Built in 1996
Lot Details
- 0.32 Acre Lot
- Interior Lot
- Level Lot
- Irrigation
- Wooded 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
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Window Treatments
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Formal Dining Room
- Home Office
- Utility Room with Study Area
- Laundry Room
- Lagoon Views
Kitchen
- Eat-In Kitchen
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Sitting Area In Primary Bedroom
- Walk-In Closet
- Garden Bath
Pool
- In Ground Pool
- Above Ground Pool
Outdoor Features
- Pond
- Patio
Location
- Property is near a bus stop
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
- Community Storage Space
- Elevator
Recreation
- Boat Ramp
- Boat Dock
- RV or Boat Storage in Community
- Marina
- Golf Course Community
- Golf Course Membership Available
- Tennis Courts
- Fitness Center
- Community Pool
- Park
- Trails
Security
- Security Service
- Gated Community
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
222
Current Estimated Value
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
Similar Home in Isle of Palms, SC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
David Nelson
D
Seller's Agent in 2020
David Nelson
Wild Dunes Real Estate, LLC
(843) 886-2500
38 in this area
42 Total Sales
-
Kat Drerup
K
Buyer's Agent in 2020
Kat Drerup
Real Broker, LLC
(843) 817-3559
7 in this area
140 Total Sales
-
Ann Evans
Seller's Agent in 2019
Ann Evans
Carolina One Real Estate
(843) 884-1800
8 in this area
64 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 18024361
APN: 604-11-00-057
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