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105 Forest Trail

105 Forest Trail, Isle Of Palms, SC 29451
Property in Charleston
Sold Apr 27, 2021
$1,745,000
$1,396,000 by Cogent Bank
Mortgage Due May 01, 2051
Sold Jun 05, 2019
$800,000
105 Forest Trail has been categorized by the local assessors in Isle Of Palms, SC as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 105 Forest Trail has 3,677 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,850 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 17,424 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. The building has a hip style roof made of asphalt. The exterior walls of the building are made of brick veneer. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 14, 2021 for $1,745,000. That's $474.57 per sqft. Prior to that sales transaction, the property was also sold in May 10, 2019 for $800,000. 105 Forest Trail was last assessed in 2022. The total value of the property was assessed at $69,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,188. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 480
  • Parking Space Count: 4
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 3,677
  • Gross Building Area: 1,903
  • Building Area: 3,677
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,677
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST TRAIL
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL DESCRIPTION MAPPLATB L20 MAPPLATP 0256 SUBDIVISIONNAME ISLE OF PALMS BLOCK FT-4 LOT 19B SEC BC-2D

Ownership

  • Current Owner : INGRAM ROWELL MARVIN
  • Current Owner 2: INGRAM VANESSA C
  • Previous Owner : FOREST TRAIL VENTURES LLC
  • Owner Before Previous Owner: MELSOPP DAVID J
  • Owner Before Previous Owner 2: MELSOPP LORI
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: CITY OF ISLE OF
  • Census Tract: 004902

Geography

  • Assessors Map Reference: MB X-139
  • District: 24
  • Parcel: 571-07-00-019
  • Block: FT-4
  • Lot: 19
  • Municipality: CITY OF ISLE OF PALMS
  • Latitude: 32.8007
  • Longitude: -79.7659

    Address

  • Full Address: 105 Forest Trl
  • Address - House Number: 105
  • Address - Street Name: Forest
  • Address - Suffix Type: Trl
  • State: SC
  • City Name: Isle Of Palms
  • Carrier Code: C004
  • 4-Digit Zip Code: 2520
  • Zip Code: 29451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,188
  • Tax Rate Code Area: 2-4

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 1,066,299
  • High Value: 1,554,843
  • Low Value: 577,754

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,520,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Loan Amount: $1,396,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051
  • Second Open Lien Mortgage Lender: PINNACLE BANK
  • Second Open Lien Mortgage Recording Date: Dec 22, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $124,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 14, 2041

    Market Valuation

  • Market Total Value: $1,745,000
  • Market Land Value: $800,000
  • Market Improvement Value: $945,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,800

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11836430337
  • Current Sale Price: $1,745,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 05, 2019
  • Previous Sale Contract Date: May 10, 2019
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $1,396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 105 Forest Trail located in?
The 105 Forest Trail is a located in the neighborhood of Charleston in Isle of Palms, Isle Of Palms.
What is the average sales price for listings in 105 Forest Trail?
The average sales price for units in 105 Forest Trail is $0 currently.

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