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37 Salt Cedar Lane

37 Salt Cedar Lane, Johns Island, SC 29455
Property in Charleston
Sold Dec 02, 2021
$3,500,000
$2,100,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2051
Sold Nov 06, 2017
$2,500,000
$1,875,000 by Goldman Sachs Bank Usa
Mortgage Due Dec 01, 2047
37 Salt Cedar Lane has been categorized by the local assessors in Johns Island, SC as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 37 Salt Cedar Lane has 4,324 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 25,700 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 37 Salt Cedar Lane sold most recently in Nov 5, 2021 for a total of $3,500,000. If you work out the math, that's approximately a cost of $809.44 per sqft. Before that, the property was also sold for $2,500,000 in Oct 20, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $49,003 in taxes each year. 37 Salt Cedar Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $210,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,700
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,324
  • Gross Building Area: 4,324
  • Building Area: 4,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 4,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALCON POINT (436) TRACT 56
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL DESCRIPTION SUBDIVISION NAME -FALCON POINT (436) TRACT 56 DESCRIPTION -LOT 37 PHASE I PLATSUFFIX EA-165 POLTWP 009

Ownership

  • Current Owner : ACKERMANN CHRISTOPHER S
  • Current Owner 2: ACKERMANN STACY G
  • Previous Owner : KAREN S ROSENBERG DECLARATION OF TRUST
  • Owner Before Previous Owner: STEMERMAN BRUCE F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: ST JOHNS FD
  • Census Tract: 002104

Geography

  • Assessors Map Reference: MB EA-530
  • District: 54
  • Subdivision Phase Number: I
  • Subdivision Tract Number: 56
  • Parcel: 265-06-00-048
  • Lot: 37
  • Municipality: KIAWAH ISLAND
  • Latitude: 32.6218
  • Longitude: -80.0438

    Address

  • Full Address: 37 Salt Cedar Ln
  • Address - House Number: 37
  • Address - Street Name: Salt Cedar
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Johns Island
  • Carrier Code: R013
  • 4-Digit Zip Code: 5802
  • Zip Code: 29455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $49,003
  • Tax Rate Code Area: 5-4

    Appraisal Valuation

  • Standard Deviation: 0.26
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 63
  • Final Value: 4,230,726
  • High Value: 5,330,809
  • Low Value: 3,130,644

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,100,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $2,100,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $3,500,000
  • Market Land Value: $500,000
  • Market Improvement Value: $3,000,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $210,000

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11879613332
  • Current Sale Price: $3,500,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 06, 2017
  • Previous Sale Contract Date: Oct 20, 2017
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $2,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GOLDMAN SACHS BANK USA
  • Previous Mortgage Transaction Date: Nov 06, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,875,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Kiawah Island



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Frequently Asked Questions

What neighborhood is 37 Salt Cedar Lane located in?
The 37 Salt Cedar Lane is a located in the neighborhood of Charleston in Kiawah Island, Johns Island.
What is the average sales price for listings in 37 Salt Cedar Lane?
The average sales price for units in 37 Salt Cedar Lane is $0 currently.

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