NOT LISTED FOR SALE

Estimated Value: $1,035,846 - $1,179,000

4 Beds
3.5 Baths
2,805 Sq Ft
$385/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $605,000 $216 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,864/month

38 Days on Market

Highlights

  • Pier or Dock
  • Deck
  • Wooded Lot
  • 1.5 Acre Lot
  • Wetlands on Lot
  • Traditional Architecture

About This Home

As of February 2021

Welcome to 8793 Palmetto Rd, located in The Neck subdivision on Edisto Island. This home is open, with a flowing floor plan, lots of bedrooms, dual walk-in closets in the master, and loads of storage downstairs and under the house. New paint, new carpet, and ready to move in! Built under large sweeping oaks, a sunroom with HVAC, and a massive deck for entertaining as the sun sets over the marsh. The dock is in great shape and extends out to the tidal creek - perfect for fishing, crabbing, and exploring the waterways via canoe, kayak, or paddleboard. Upstairs has a large master suite with beautiful views off the back, a large bathroom, and walk-in closets. New carpet upstairs.-continued-
Downstairs has an office or second master suite, laundry, spacious walk-in pantry/whole house storage, large living room with built-ins opens to the large kitchen. The kitchen offers lots of storage, counter space, and views of the deck and back yard overlooking the marsh.
The house has plenty of parking space, a fish station, and an enclosed storage/workshop area.
If you have been waiting on a deal for a tidal creek home to come on the market, this is it! Home is sold AS-IS. Buyer or Buyer's agent is responsible for all things deemed essential such as but not limited to square footage, lot size, HOA, insurance, flood insurance, taxes, and schools.

Last Agent to Sell the Property

Newton Boykin

Allsouth Realty, LLC License #3801 Listed on: 12/11/2020

Last Buyer's Agent

Jo Ringer

Edisto Sales & Rentals Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,689

Year Built

  • Built in 1998

Lot Details

  • 1.5 Acre Lot
  • Property fronts a marsh
  • Level Lot
  • Wooded Lot
  • Tidal Wetland on Lot

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,805 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Utility Room
  • Laundry Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets

Outdoor Features

  • Wetlands on Lot
  • Deck

Schools

  • Jane Edwards Elementary School
  • Colleton Middle School
  • Colleton High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Septic Tank

Community Details

Overview

  • The Neck Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,689

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1998
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 1.5
  • Subdivision Name: The Neck
  • Directions: 174 S Turn Right Onto Palmetto Rd Just Past The Ace Hardware. Home Is On The Left Down A Few Miles.
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Family, Living/Dining Combo, Office, Pantry, Utility
  • Master Bedroom Features: Multiple Closets

Exterior Features

  • Roof: Architectural
  • Lot Features: 1 - 2 Acres, Level, Wetlands, Wooded
  • Waterfront Features: Marshfront, Tidal Creek, Waterfront - Shallow
  • Waterfront: Yes
  • Exterior Features: Dock - Existing
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy
  • Water Source: Private

Schools

  • Elementary School: Jane Edwards
  • High School: Colleton
  • Middle Or Junior School: Colleton

Lot Info

  • Lot Size Sq Ft: 65340
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3600000009
  • Tax Annual Amount: 3689.03

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Feb 19, 2021
Sold by
Mcroy Mark C and The June C Mcroy Revocable Tru
Bought by
Moffatt Leslie S and Moffatt Judy D
Seller's Agent
Newton Boykin
Allsouth Realty, LLC
Buyer's Agent
Jo Ringer
Edisto Sales & Rentals Realty
List Price
$649,000
Sold Price
$605,000
Premium/Discount to List
-$44,000
-6.78%
Current Estimated Value
$1,080,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,462
Avg. Annual Appreciation
13.19%
Original Mortgage
$484,000
Outstanding Balance
$432,510
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$647,952

Purchase Details

Closed on
Jan 7, 2019
Sold by
Mcroy June C
Bought by
Mcroy June C and June C Mcroy Revocable Trust
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
Moffatt Leslie S $605,000 None Available
Mcroy June C -- None Available
Mcroy June C -- None Available
Mcroy June C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moffatt Leslie S $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $605,000 -6.8% $216 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $649,000 -- $231 / 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 $14,377 $694,900 $200,000 $494,900
2023 $14,377 $694,900 $200,000 $494,900
2022 $12,313 $596,900 $200,000 $396,900
2021 $9,552 $465,000 $110,000 $355,000
2020 $9,579 $465,000 $110,000 $355,000
2019 $3,689 $465,000 $110,000 $355,000
2018 $3,675 $18,600 $4,400 $14,200
2017 $3,557 $18,600 $4,400 $14,200
2016 $3,894 $20,200 $9,000 $11,200
2015 -- $20,200 $9,000 $11,200
2014 -- $20,200 $9,000 $11,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 20032872

CHS Regional MLS

APN: 360-00-00-009