NOT LISTED FOR SALE

7402 Mercedes Way Hanahan, SC 29410

Estimated Value: $466,448 - $509,000

3 Beds
2.5 Baths
2,076 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $435,000 $210 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,800/month

13 Days on Market

Highlights

  • Home Energy Rating Service (HERS) Rated Property
  • Loft
  • Cul-De-Sac
  • Traditional Architecture
  • High Ceiling
  • Front Porch

About This Home

As of July 2022

Welcome to this well-maintained, upgraded home in the Timbercrest Village neighborhood! Situated on a quiet cul-de-sac, this 3 bed/2.5 bath home boasts durable laminate hardwood floors downstairs, tons of natural lighting, gourmet kitchen, flexible bonus room, and much more!As you enter the foyer there is a half bathroom to the left and coat closet. As you enter into the main living area you'll notice a ton of natural lighting and open floor plan concept. The gourmet kitchen includes a gas oven/range, a classic combination of white cabinets and dark granite countertops, recessed can lighting, pendant lights, pantry, and stainless steel appliance package. There is also room for barstools at the Island and a kitchen table.The owners suite is located upstairs and includes a ceiling fan, tray ceiling, walk in closet, and tons of natural lighting. The owners bathroom includes dual vanity sinks and large tile surround walk in shower. There are two guest bedrooms upstairs with closets, a shared guest bathroom and linen closet in the hallway.
Additionally upstairs, you'll find the flexible bonus room/loft and laundry room.

Additional features include full front porch, tons of closet space, low maintenance yard, tankless water heater, and 10 year builder warranty.

This home, located in a quaint subdivision, is in an optimal location near areas schools, shopping, local businesses, and restaurants in Hanahan and nearby Park Circle!

Last Agent to Sell the Property

Caroline Roberts

Edge Realty LLC License #130987 Listed on: 06/03/2022

Last Buyer's Agent

Abby Suarez

Robertson Team Real Estate License #86544

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • Cul-De-Sac
  • Interior Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,076 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Loft
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Bowens Corner Elementary School
  • Hanahan Middle School
  • Hanahan High School

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater

Community Details

  • Timbercrest Village Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,718

Year Built

Built in 2017

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2017
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.11
  • Ownership: Fee Simple
  • Subdivision Name: Timbercrest Village
  • Directions: I-526 To N. Rhett Blvd. (left). (l) Tanner Ford Blvd. (r) Foster Creek Road. (r) Emeline (r) Mercedes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Tankless Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace: No
  • Interior Amenities: Ceiling - Smooth, Tray Ceiling(s), High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Loft, Pantry
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Lot Features: Cul-De-Sac, Interior Lot
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Bowens Corner Elementary
  • High School: Hanahan
  • Middle Or Junior School: Hanahan

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: HERS Index Score

Tax Info

  • Tax Map Number: 2590704042
  • Tax Annual Amount: 1718

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 12, 2022
Sold by
Hutchinson Sean P
Bought by
Carrick Matthew David
Seller's Agent
Caroline Roberts
Edge Realty LLC
Buyer's Agent
Abby Suarez
Robertson Team Real Estate
List Price
$439,000
Sold Price
$435,000
Premium/Discount to List
-$4,000
-0.91%
Current Estimated Value
$483,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,862
Avg. Annual Appreciation
3.33%
Original Mortgage
$348,000
Outstanding Balance
$331,481
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$152,381

Purchase Details

Listed on
Feb 14, 2017
Closed on
Sep 29, 2017
Sold by
Weekley Homes Llc
Bought by
Hutchinson Sean P
Seller's Agent
Kelly Maloney
Weekley Homes L P
List Price
$310,223
Sold Price
$289,277
Premium/Discount to List
-$20,946
-6.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$289,277
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Apr 26, 2016
Sold by
Fc Associates Llc
Bought by
Weekley Homes Llc
Source: Public Records

Range of Values:

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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
Carrick Matthew David $435,000 Tracy Law Firm Llc
Hutchinson Sean P $289,277 None Available
Weekley Homes Llc $522,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrick Matthew David $348,000
Previous Owner Hutchinson Sean P $289,277
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $435,000 -0.9% $210 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $439,000 +51.8% $211 / Sq Ft
09/29/2017 09/29/17 Sold $289,277 -6.8% $145 / Sq Ft View Prior Sale
08/29/2017 08/29/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $310,223 -- $156 / 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
2025 $2,413 $441,100 $90,000 $351,100
2024 $2,413 $17,644 $3,600 $14,044
2023 $2,413 $17,644 $3,600 $14,044
2022 $1,826 $16,896 $3,600 $13,296
2021 $1,718 $11,750 $2,400 $9,352
2020 $1,616 $11,752 $2,400 $9,352
2019 $1,678 $11,752 $2,400 $9,352
2018 $5,487 $11,260 $2,320 $8,940
2017 $1,100 $3,480 $3,480 $0
2016 $1,109 $3,480 $3,480 $0
2015 -- $3,480 $3,480 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 22014699

CHS Regional MLS

APN: 259-07-04-042