NOT LISTED FOR SALE

638 E Hobcaw Dr Mount Pleasant, SC 29464

Estimated Value: $2,123,000 - $2,682,696

5 Beds
4.5 Baths
4,300 Sq Ft
$564/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $1,900,000 $442 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $14,984/month

59 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Cathedral Ceiling
  • James B. Edwards Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of November 2023

** PUNCHLIST COMPLETE, $25k of revisions added, Berkely propane connection complete*****More upgrades added with new shaker solid core interior doors, exterior gutters, and shoe molding throughout**Welcome to this renovated 4300 sq ft luxury custom home located in the very desirable community of Hobcaw Point. This stunning coastal 5 bedroom 4.5 bathroom home has a sprawling exterior double sided composite deck attached to a large private screened in porch featuring a dual sided gas fireplace shared with the living room. The interior features include a spacious primary bedroom with attached flex space, an expansive custom built walk in closet and modern designed ensuite bathroom.On the main level you will also find an additional ensuite bedroom featuring a full designer bathroom. The open kitchen is a chef's dream with a large commercial 60'' refrigerator, 48'' 8 burner gas range, wine fridge, leathered creamy Taj Mahal counters, and a custom built pantry.
Upstairs features 3 additional bedrooms, 1 ensuite with a full designer bath and the other 2 share a hall bathroom. The home has gorgeous white oak natural flooring throughout and more storage/closet space then you will need. The neighborhood has one of the most sought after Yacht Clubs with a pool and boat launch, activities and events, (no wait list for property owners) The location is just minutes away from Shem Creek, Ion, and the Ravenel Bridge taking you directly into downtown Charleston.

Use preferred lender to buy this home and receive an incentive towards your closing costs!

Last Agent to Sell the Property

David Friedman

Keller Williams Realty Charleston License #73459 Listed on: 08/11/2023

Keller Williams Realty Charleston

Co-Listed By

Noelle Marchese

The Boulevard Company License #120837

Last Buyer's Agent

Rachel Anspach

The Boulevard Company License #120435

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.42 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 4,300 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room with Study Area
  • Laundry Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Screened Patio

Schools

  • James B Edwards Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • Hobcaw Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Year Built: 1976
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.42
  • Co List Office Phone: 843-416-2000
  • Subdivision Name: Hobcaw Point
  • Directions: From Highway 17 Towards Mount Pleasant, Turn Left Onto Mathis Ferry. At The Second Roundabout, Turn Onto State Rd S-10-503. Keep Right To Stay On Hobcaw Drive. Home Will Be On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Stone, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Walk-In Closet(s), Wet Bar, Eat-in Kitchen, Entrance Foyer, Great, Pantry, Separate Dining, Study, Sun
  • Window Features: Skylight(s)

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre, Level
  • Construction Type: Brick Veneer
  • Foundation Details: Crawl Space
  • Other Structures: No
  • Patio And Porch Features: Patio, Screened
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Dock Facilities, Marina, Park, Pool, Walk/Jog Trails

Schools

  • Elementary School: James B Edwards
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Nov 8, 2023
Sold by
1541 E Crossing Llc
Bought by
Rowell Matthew Carl and Rowell Leland
Seller's Agent
David Friedman
Keller Williams Realty Charleston
Buyer's Agent
Rachel Anspach
The Boulevard Company
List Price
$2,495,000
Sold Price
$1,900,000
Premium/Discount to List
-$595,000
-23.85%
Views
237
Current Estimated Value
$2,424,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,174
Avg. Annual Appreciation
11.94%
Original Mortgage
$1,520,000
Outstanding Balance
$1,493,433
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$930,741

Purchase Details

Closed on
Apr 27, 2023
Sold by
Anderson Through Louise B
Bought by
1541 E Crossing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,326,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1999
Sold by
Bennett Family Trust
Bought by
Bennett Mary W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rowell Matthew Carl $1,900,000 None Listed On Document
1541 E Crossing Llc $1,250,000 None Listed On Document
Bennett Mary W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowell Matthew Carl $1,520,000
Previous Owner 1541 E Crossing Llc $1,326,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $1,900,000 -2.6% $442 / Sq Ft
10/08/2023 10/08/23 Price Changed $1,949,999 -2.5% $453 / Sq Ft
09/30/2023 09/30/23 Price Changed $1,999,999 -4.8% $465 / Sq Ft
09/18/2023 09/18/23 Price Changed $2,099,999 -8.7% $488 / Sq Ft
08/17/2023 08/17/23 Price Changed $2,299,999 -7.8% $535 / Sq Ft
08/11/2023 08/11/23 For Sale $2,495,000 -- $580 / 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 $27,698 $114,000 $0 $0
2023 $28,270 $24,400 $0 $0
2022 $2,251 $24,400 $0 $0
2021 $2,475 $24,400 $0 $0
2020 $2,530 $24,400 $0 $0
2019 $2,178 $20,960 $0 $0
2017 $2,146 $22,960 $0 $0
2016 $2,041 $22,960 $0 $0
2015 $2,136 $22,960 $0 $0
2014 $1,778 $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: 23018282

CHS Regional MLS

APN: 514-04-00-002