NOT LISTED FOR SALE

5017 Timber Race Course Hollywood, SC 29449

Estimated Value: $1,161,515 - $1,447,000

4 Beds
3.5 Baths
4,044 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $550,000 $136 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,860/month

35 Days on Market

Highlights

  • Boat Ramp
  • Clubhouse
  • Traditional Architecture
  • Equestrian Center
  • Deck
  • Wood Flooring

About This Home

As of April 2016

** SELLER SAYS TO BRING ALL OFFERS ** WE ARE ONE OF THE LOWEST PRICED PER SQUARE FOOT OPPORTUNITIES IN ALL OF STONO FERRY..WOW! ** THE LUXURIOUS LIFE SYTLE HAS NOW BECOME AFFORDABLE & 5017 TIMBER RACE LANE IS THAT RARE OPPORTUNITY TO OWN A GORGEOUS HOME THAT RESIDES IN ONE OF THE MOST HIGH DEMAND COMMUNITIES IN THE 29449 ZIP CODE ** Welcome to 5017 Timber Race Course, a (5) bedroom, (3.5) bath ONE STORY home that is located inside the GATED COMMUNITY OF STONO FERRY! Known for it's HISTORICAL SIGNIFIGANCE (history buffs will love the many iconic locations throughout), this is by far one of the most desirable communities in the West Ashley/Hollywood Area. It's also has top notch amenities that include but may not be limited to: Clubhouse, Pool, Security Gate, Tennis Court, Equestrian Center, an award winning Golf Course who has many holes along the Stono River and more...Situated on a 0.80 acre lot, you have ample space for many of the outdoor activities you may enjoy and there's a NATURAL BUFFER so privacy is an abundance. The 3 car garage offers plenty of room for parking and the back deck or screen porch provide a great place to catch up some R & R. One of the best things about this location is it's just far enough out from the Hustle & Bustle of the City Lifestyle to provide a nice secluded experience but also is not too far out so you still have an ease of an access to the many amenities that a City Lifestyle enjoys. Now,let's talk some #'s...! The MEDIAN PRICE in our MLS IS AT AN ALL TIME HIGH AND STILL SHOWING SIGNS OF GOOD GROWTH! The subjects neighborhood has already matched it's 2014 volume in units sold and the price per sq. ft. for SOLD properties is up $4 in the first 2 Quarters of 2015. That may not sound like a lot but when you consider the fact that the average price per sq. ft. in 2013 was $136 and at the end of 2014 it was $160, that is a sign of a neighborhood on FIRE! Furthermore, the MLS Area (aka Area 13), has seen the MEDIAN SALES PRICE INCREASE from $194,330 (Jan-July 2014) to $325,000 (Jan-July 2015) which breaks down to 67.9 % rise in the MEDIAN SOLD PRICE. During the same time period comparison, the units sold increased by 5.9% to 72 from 68. Lastly but definitely not least, with the average price per square foot for all ACTIVE properties in Stono Ferry at $174, and the SOLD COMPS at $164, our asking price of $154 makes us one of the best priced homes in the neighborhood BUT....the Seller spared no expense when renovating this GORGEOUS LISTING (buyer to confirm accuracy of any statistics provided)....Come, let's go take a look for yourself. Upon entering this (4044) sq. ft. home, you instantly be standing in the Foyer which has PORCELIN FLOORING looking out into the sunken living area but what really catches your eye are the GLEAMING HARDWOODS and the many architectural upgrades througout. Starting with what a lot of Buyers consider to be the most important room, the LARGE EAT-IN-KITCHEN boasts perfectly matched granite counters, Bosch Stainless Dishwasher and Refigerator along with a DOUBLE OVEN ITALLIAN PROFESSIONAL 6 BURNER RANGE, Countertop Bar w/pass-through and ample cabinetry space. What may be the best feature though is the open living/kitchen so you can interact with guests while you work away in the Kitchen! I am all but certain that even a Master Chef would be more than satisfied with this Kitchen...! There's also a small dining area that has outside access to the Back Deck and down to the BRICK PATIO! But for those of you who prefer a more formal dining experience then you will surely appreciate the FORMAL DINING ROOM! The living room features the same GORGEOUS HARDWOODS with inlay that really sets these floors off. The layout offers both a (4) and (5) bedroom option but the Master Suite is where this property truly shines. Large enough to satisfy any Buyer and a GORGEOUS walk-in closet w/built-in shelves, you will not be disappointed. The icing on the cake is the Master Bathroom that boasts: porcelain floors, natural stone shower, separate retro garden tub, jack and jill vanities with GRANITE COUNTERS and more...! The Seller really left no stone unturned and it would take a novel to list all the features this home has and by the time you finished reading it, the property may already be sold....that's how HOT THIS MARKET IS and HOW WELL PRICED THIS LISTING IS! Seriously, do yourself a favor and come take a look. You wil love the Community, you will love the lot size, you will love the condition and you will LOVE THE PRICE....what else is left? Let's just hope you're not the one who waited to long.....***AGENTS MUST READ NOTES **** Buyer to confirm accuracy of all information provided

Last Agent to Sell the Property

Josh Brandner

Fred Holland Realty License #51804 Listed on: 01/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 2004

Lot Details

  • 0.8 Acre Lot
  • Interior Lot
  • Level Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 4,044 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • Ceiling Fan
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Utility Room with Study Area
  • Laundry Room
  • Crawl Space
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Blaney Elementary School
  • R D Schroder Middle School
  • Baptist Hill High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Deck
  • Equestrian Center

Community Details

Overview

  • Club Membership Available
  • Stono Ferry Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Golf Course Membership Available
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 2004

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2004
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.8
  • Ownership: Fee Simple
  • Subdivision Name: Stono Ferry
  • Directions: 162 Toward Hollywood - Turn Left Into Stono Ferry. Go Past Golf Club On Right. Turn Left On Old Washington Course, Then Right Onto Timber Race Course. House Will Be On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Tray Ceiling(s), Walk-In Closet(s), Ceiling Fan(s), Formal Living, Great, Separate Dining, Study
  • Master Bedroom Features: Walk-In Closet(s)

Exterior Features

  • Roof: Architectural
  • Lot Features: .5 - 1 Acre, Interior Lot, Level
  • Construction Type: Stucco
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Equestrian Center, Golf Membership Available, Walk/Jog Trails
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Blaney
  • High School: Baptist Hill
  • Middle Or Junior School: R D Schroder

Lot Info

  • Lot Size Sq Ft: 34848
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 2480400038
  • Tax Annual Amount: 2335.41

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Apr 20, 2016
Sold by
Petrone Darcie Jo
Bought by
Browne Thomas Beverly and Browne Ann
Seller's Agent
Josh Brandner
Fred Holland Realty
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$1,269,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$719,629
Avg. Annual Appreciation
9.30%
Original Mortgage
$416,625
Interest Rate
3.68%
Mortgage Type
VA

Purchase Details

Listed on
Feb 23, 2015
Closed on
Apr 2, 2015
Sold by
The Bank Of New York Mellon
Bought by
Petrone Darcie O
Seller's Agent
Mackenzie Crabtree
Mackenzie Crabtree Real Estate
Buyer's Agent
Joseph Idleman
AgentOwned Realty Charleston Group
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.46%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Lawrence Tyrone and Lawrence Sibyl
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 18, 1999
Sold by
Godfrey Clyde B
Bought by
Lawrence Tyrone and Lawrence Sibyl
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
Browne Thomas Beverly $550,000 --
Petrone Darcie O $291,000 --
The Bank Of New York Mellon $425,000 --
Lawrence Tyrone $55,000 --
Lawrence Tyrone $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browne Thomas Beverly $500,000
Closed Browne Ann W $100,000
Closed Browne Thomas Beverly $416,625
Previous Owner Lawrence Tyrone $478,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2016 04/20/16 Sold $550,000 0.0% $136 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $550,000 +89.7% $136 / Sq Ft
04/16/2015 04/16/15 Sold $290,000 0.0% $72 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $290,000 -- $72 / 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 $150 $0 $0 $0
2023 $150 $0 $0 $0
2022 $99 $0 $0 $0
2021 $99 $0 $0 $0
2020 $99 $0 $0 $0
2019 $99 $0 $0 $0
2017 $99 $0 $0 $0
2016 $2,753 $22,000 $0 $0
2015 $2,335 $17,870 $0 $0
2014 -- $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: 16001283

CHS Regional MLS

APN: 248-04-00-038