NOT LISTED FOR SALE

7 Broad River Rd Ridgeland, SC 29936

Estimated Value: $439,355 - $642,000

5 Beds
5 Baths
3,600 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $343,000 $95 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,006/month

182 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Property fronts a marsh
  • No HOA
  • Central Heating

About This Home

As of March 2021

Stunning water views over the marshes of Broad River from this approximate 3600sq ft 5 bed/rm 5 bath cottage. This home features heart of pine flooring, fireplace and breezy porches. Palm Key is a 350 acre island located along the Broad River and is a nature's paradise. Make this your home, your getaway or an investment for short term rental.

Last Agent to Sell the Property

Denise Horry

BHHS Bay Street Realty License #45992 Listed on: 07/30/2020

BHHS Bay Street Realty

Last Buyer's Agent

David Simcox

Realty One Group Lowcountry License #89795

Realty One Group Lowcountry

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 2005

Lot Details

  • 3,049 Sq Ft Lot
  • Property fronts a marsh

Parking

  • No Garage

Home Design

  • Metal Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Central Heating
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 094-05-03-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,161

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2005
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.07
  • Ownership: No
  • MLS Status: Closed
  • Roof: Metal
  • Structure Type: 11-25 Years
  • Keywords Family Room: No
  • Keywords Formal Dining Room: No
  • Keywords Fireplace: No
  • Keywords GarageCarport: None
  • Keywords Waterfront: Marsh
  • Keywords Dock: Not Applicable
  • General Property Description Bank Owned: No
  • General Property Description Short Sale: No
  • General Property Description:Basement: No
  • Exterior Extras Porch: Yes
  • Floors Wood Floor: Yes
  • AppliancesEquipment Dishwasher: Yes
  • General Property Description Dock Permits in Hand: No
  • Roofing:Metal: Yes
  • AppliancesEquipment Dryer: Yes
  • AppliancesEquipment Washer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood Floor
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Waterfront Features: Marsh
  • Waterfront: Yes
  • Exterior Features: Porch

Utilities

  • Heating: Electric, Central, Heat Pump
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 3049.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 094-05-03-016
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 0000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Mar 29, 2021
Sold by
Yocco William M and Yocco Nancy H
Bought by
Meyer Marshall W
Seller's Agent
Denise Horry
BHHS Bay Street Realty
Buyer's Agent
David Simcox
Realty One Group Lowcountry
List Price
$379,000
Sold Price
$343,000
Premium/Discount to List
-$36,000
-9.5%
Total Days on Market
182
Current Estimated Value
$532,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,589
Avg. Annual Appreciation
9.89%
Original Mortgage
$336,787
Outstanding Balance
$306,451
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$202,302
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 Buyer Sale Price Title Company
Meyer Marshall W $343,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Marshall W $336,787
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $343,000 -9.5% $95 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
07/30/2020 07/30/20 For Sale $379,000 -- $105 / Sq Ft
Source: Lowcountry 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 $2,161 $13,720 $2,280 $11,440
2023 $2,051 $13,720 $0 $0
2022 $6,819 $20,580 $3,420 $17,160
2021 $3,843 $11,530 $3,420 $8,110
2020 $3,805 $11,530 $3,420 $8,110
2019 $3,805 $11,530 $3,420 $8,110
2018 $3,744 $11,530 $3,420 $8,110
2017 $3,737 $11,530 $3,420 $8,110
2016 $3,731 $11,530 $3,420 $8,110
2015 $3,731 $11,530 $3,420 $8,110
2014 $3,758 $11,530 $3,420 $8,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 167380

Lowcountry Regional MLS

APN: 094-05-03-016