NOT LISTED FOR SALE

7421 Mercedes Way Hanahan, SC 29410

Estimated Value: $486,000 - $534,000

4 Beds
2.5 Baths
2,498 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $440,000 $176 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,876/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Loft
  • Home Office
  • Wood Flooring
  • High Ceiling
  • Formal Dining Room

About This Home

As of January 2023

**BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER**Welcome home to 7421 Mercedes Way! This beautifully maintained, better than new home, located in the highly sought-after subdivision of Tanner Plantation, features 4-bedrooms and 2.5-bathrooms! As you arrive, you'll note the charming and welcoming curb appeal! You will be impressed with the attention to detail that can be found throughout the home, with gleaming hardwood flooring on the main level, lovely wainscoting in the formal dining room, glass paned French doors into the home office, and so much more! The kitchen boasts ample cabinetry, a large island with seating and pendant lighting atop, granite countertops, stainless steel appliances, and a subway-tiled backsplash!The living room is located directly off the kitchen, making entertaining easy and showcasing a large accent-shiplap wall and gas-burning fireplace with large mantle! The master retreat is conveniently located on the main level, and comes complete with ceiling fan, large walk-in closet, ensuite bath with dual vanities and an oversized, tiled, walk-in shower. Up the stairs you will find a great loft space, perfect for a playroom, media room, exercise space... the uses are endless. There are also three more generously sized bedrooms and a full bathroom with dual vanity on the 2nd floor! This is a spectacular home, completely turnkey and ready for you to make it yours! Schedule your showing today! Professional pictures will be added soon!

Last Agent to Sell the Property

Caleb Pearson

EXP Realty LLC License #83101 Listed on: 10/21/2022

EXP Realty LLC

Last Buyer's Agent

Suzanne Davis

Brookfield Mid-Atlantic Brokerage, LLC License #82899

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,203

Year Built

  • Built in 2016

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,498 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Loft

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Screened Patio
  • Front Porch
  • Stoop

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Tanner Plantation Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,203

Year Built

Built in 2016

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2016
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: Tanner Plantation
  • Directions: Take 78 East To Us 52. Take A Right On Snake Road. Turn Right On Foster Creek Rd. Take A Left On Emeline Drive. Turn Left On Mercedes Way And The Home Will Be On Your Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Loft, Office, Pantry, Separate Dining
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre, Level
  • Construction Type: Stone Veneer, Vinyl Siding
  • Exterior Features: Stoop
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, 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, Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Berkeley Elect Co-Op
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash, Walk/Jog Trails
  • 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: 6534
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 2590704025

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Jan 26, 2023
Sold by
Homebuyers Sc Llc
Bought by
Varner Janet L
Seller's Agent
Caleb Pearson
EXP Realty LLC
Buyer's Agent
Suzanne Davis
Brookfield Mid-Atlantic Brokerage, LLC
List Price
$470,000
Sold Price
$440,000
Premium/Discount to List
-$30,000
-6.38%
Views
77
Current Estimated Value
$505,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,309
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Oct 7, 2022
Sold by
Crain David Wesly
Bought by
Homebuyers Sc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2018
Closed on
Dec 3, 2018
Sold by
Peterson David B and Peterson Amanda J
Bought by
Crain David Wesly and Crain Jessica Delight
Seller's Agent
Matthew Poole
Carolina One Real Estate
Buyer's Agent
Drew Sineath
Carolina One Real Estate
List Price
$379,000
Sold Price
$374,000
Premium/Discount to List
-$5,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$367,225
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2016
Sold by
Weekley Homes Llc
Bought by
Peterson David B and Peterson Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,701
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2015
Sold by
Fc Associates Llc
Bought by
Weekley Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
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
Varner Janet L $440,000 --
Homebuyers Sc Llc $390,000 --
Crain David Wesly $374,000 None Available
Peterson David B $317,452 --
Weekley Homes Llc $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Homebuyers Sc Llc $370,000
Previous Owner Crain David Wesly $367,225
Previous Owner Peterson David B $311,701
Previous Owner Weekley Homes Llc $40,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $440,000 -2.2% $176 / Sq Ft
11/09/2022 11/09/22 Price Changed $450,000 -3.0% $180 / Sq Ft
11/07/2022 11/07/22 Price Changed $464,000 -1.1% $186 / Sq Ft
11/04/2022 11/04/22 Price Changed $469,000 -0.2% $188 / Sq Ft
10/24/2022 10/24/22 Price Changed $469,900 0.0% $188 / Sq Ft
10/21/2022 10/21/22 For Sale $470,000 +25.7% $188 / Sq Ft
12/04/2018 12/04/18 Sold $374,000 -1.3% $150 / Sq Ft View Prior Sale
11/02/2018 11/02/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $379,000 -- $152 / 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 $2,203 $450,800 $90,000 $360,800
2024 $2,203 $18,032 $3,600 $14,432
2023 $2,203 $18,032 $3,600 $14,432
2022 $2,272 $24,552 $5,400 $19,152
2021 $2,135 $14,800 $2,400 $12,396
2020 $2,007 $14,796 $2,400 $12,396
2019 $2,085 $14,796 $2,400 $12,396
2018 $1,905 $12,804 $2,320 $10,484
2017 $1,864 $12,804 $2,320 $10,484
2016 $1,109 $16,550 $3,480 $13,070
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: 22027023

CHS Regional MLS

APN: 259-07-04-025