NOT LISTED FOR SALE

Estimated Value: $3,714,334 - $3,860,000

4 Beds
4.5 Baths
4,314 Sq Ft
$878/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $1,770,000 $410 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $22,270/month

153 Days on Market

Highlights

  • Boat Ramp
  • On Golf Course
  • Home Theater
  • Daniel Island School Rated A-
  • Fitness Center
  • Sitting Area In Primary Bedroom

About This Home

As of February 2020

Take a tour of 553 Wading Place and, let's face it, you won't want to leave. Elegant, comfortable and filled with upgrades, this house is move-in ready and comes furnished. This custom-built home has an elevated entrance, gas lanterns and wood detailing for added curb appeal. Walk through the front door and you're greeted by a spacious entryway that leads to an inviting living room with up-close views of the 13th fairway of the Ralston Creek course. The large kitchen has gourmet appliances, quartz countertops and a butler's pantry. There's a bar with a wine fridge and ice maker plus a coffee bar so you can entertain morning and night. Don't just admire the golf course, get out your clubs! This home includes the option to purchase a non-recallable golf membership at the Daniel Island Club.Additional upgrades include an elevator, media room and screened porch with a wood-burning fireplace and television. The fully fenced yard and porch provide views of the golf course and natural surroundings. Park your cars in the three-car, climate-controlled garage.

Last Listed By

Terry Haas

32 South Properties, LLC License #78605 Listed on: 07/17/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,078

Year Built

  • Built in 2016

Lot Details

  • 0.42 Acre Lot
  • On Golf Course
  • Aluminum or Metal Fence
  • Level Lot
  • Irrigation

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,314 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Theater
  • Bonus Room
  • Game Room
  • Utility Room with Study Area

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch

Schools

  • Daniel Island Elementary And Middle School
  • Philip Simmons High School

Utilities

  • Cooling Available
  • No Heating

Community Details

Overview

  • Club Membership Available
  • Daniel Island Park Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Ramp
  • Golf Course Membership Available
  • Fitness Center
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,078

Year Built

Built in 2016

Lot Details

0

HOA Fees

$87 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2016
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.42
  • Co List Office Mls Id: 1812
  • Co List Office Phone: 843-856-0021
  • Ownership: Fee Simple
  • Subdivision Name: Daniel Island Park
  • Directions: From Mt. Pleasant Take I-526 To Exit 24, Turn Left Onto Island Park Drive, At The Second Roundabout Turn Right Onto Island Park Dr, At The Next Roundabout Take A Right Onto Ithecaw Creek St, Right Onto Lesesne Street, Right Onto Wading Place. Home Is Located On Left Side.
  • 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, Living Room, Other (Use Remarks), Two, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Bonus, Eat-in Kitchen, Family, Formal Living, Entrance Foyer, Game, Great, Living/Dining Combo, Media, Other (Use Remarks), Pantry, Study, Utility
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Sitting Room, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Metal Enclosed
  • Lot Features: 0 - .5 Acre, Level, On Golf Course
  • Construction Type: Cement Plank
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Front Porch, Screened
  • 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 Yn: No
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Elevators, Fitness Center, Golf Membership Available, Park, Trash, Walk/Jog Trails
  • Association Fee: 1047
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Daniel Island
  • High School: Philip Simmons
  • Middle Or Junior School: Daniel Island

Lot Info

  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 2721001031

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Feb 13, 2020
Sold by
Merchant Robert Stanley and Merchant Sandra Bell
Bought by
Conole David P and Driscoll Margaret H
Seller's Agent
Terry Haas
32 South Properties, LLC
Buyer's Agent
Tim Reese
Dunes Properties of Chas Inc
List Price
$1,770,000
Sold Price
$1,770,000
Total Days on Market
153
Current Estimated Value
$3,789,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,019,778
Avg. Annual Appreciation
14.86%
Original Mortgage
$990,000
Outstanding Balance
$880,173
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,792,376

Purchase Details

Listed on
Aug 9, 2016
Closed on
Sep 22, 2017
Sold by
Cline Construction Llc
Bought by
Merchant Robert Stanley and Merchant Sandra Bell
Buyer's Agent
Terry Haas
32 South Properties, LLC
List Price
$1,625,000
Sold Price
$1,625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$812,500
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2015
Sold by
Daniel Island Associates Llc
Bought by
Cline Construction Llc

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
Conole David P $1,770,000 None Available
Merchant Robert Stanley $1,625,000 None Available
Cline Construction Llc $349,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conole David P $990,000
Previous Owner Merchant Robert Stanley $812,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $1,770,000 0.0% $410 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
07/17/2019 07/17/19 For Sale $1,770,000 +8.9% $410 / Sq Ft
09/28/2017 09/28/17 Sold $1,625,000 0.0% $377 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/09/2016 08/09/16 For Sale $1,625,000 -- $377 / 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 $14,078 $2,181,410 $762,821 $1,418,589
2023 $14,078 $87,257 $30,513 $56,744
2022 $11,954 $70,296 $22,720 $47,576
2021 $12,174 $64,090 $20,000 $44,088
2020 $11,332 $64,088 $20,000 $44,088
2019 $32,820 $96,132 $30,000 $66,132
2018 $32,616 $92,094 $23,760 $68,334
2017 $28,000 $79,068 $19,440 $59,628
2016 $6,912 $79,070 $19,440 $59,630
2015 -- $19,440 $19,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 19020953

CHS Regional MLS

APN: 272-10-01-031