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5 Edgewater Alley

5 Edgewater Alley, Isle Of Palms, SC 29451
Property in Charleston
Sold Jun 02, 2015
$922,000
$737,600 by Bank Of America Na
Mortgage Due Jun 01, 2045
Sold Oct 17, 2003
$750,000
Local assessors in Isle Of Palms, SC have categorized 5 Edgewater Alley as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 12,632 square feet. The linear feet between the front and back of the lot was measured at 1,560 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5 Edgewater Alley has a total of 3,462 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5 Edgewater Alley sold most recently in May 20, 2015 for a total of $922,000. If you work out the math, that's approximately a cost of $266.32 per sqft. Before that, the property was also sold for $750,000 in Oct 15, 2003. 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 $3,108 in taxes each year. 5 Edgewater Alley was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $60,840. 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: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,462
  • Gross Building Area: 4,002
  • Building Area: 3,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILD DUNES
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL DESCRIPTION DESCRIPTION -LT 5 BLK J TRACT A SITE NAME -WILD DUNES PLATSUFFIX AM-16 POLTWP 002

Ownership

  • Current Owner : BARNWELL TOM
  • Current Owner 2: BARNWELL DEBBIE
  • Previous Owner : SCHWEITZER KURT J
  • Previous Owner 2: SCHWEITZER PATRICIA J
  • Owner Before Previous Owner: CLARKE MARTHA J

Neighborhood

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

Geography

  • Assessors Map Reference: MB AM-16
  • District: 24
  • Subdivision Tract Number: A
  • Parcel: 604-09-00-096
  • Block: J
  • Lot: 5
  • Municipality: CITY OF ISLE OF PALMS
  • Latitude: 32.8016
  • Longitude: -79.7481

    Address

  • Full Address: 5 Edgewater Aly
  • Address - House Number: 5
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Aly
  • State: SC
  • City Name: Isle Of Palms
  • Carrier Code: C005
  • 4-Digit Zip Code: 2711
  • Zip Code: 29451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,108
  • Tax Rate Code Area: 2-4

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 72
  • Final Value: 1,949,303
  • High Value: 2,344,593
  • Low Value: 1,554,014

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $737,600
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 02, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $737,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2045

    Market Valuation

  • Market Total Value: $1,014,000
  • Market Land Value: $550,000
  • Market Improvement Value: $464,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,840

    Sales

  • Current Sale Contract Date: May 20, 2015
  • Current Sale Recording Date: Jun 02, 2015
  • Current Sale Transaction ID: 1223449748
  • Current Sale Price: $922,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 17, 2003
  • Previous Sale Contract Date: Oct 15, 2003
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 02, 2015
  • First Mortgage Loan Amount: $737,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Isle of Palms



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Frequently Asked Questions

What neighborhood is 5 Edgewater Alley located in?
The 5 Edgewater Alley is a located in the neighborhood of Charleston in Isle of Palms, Isle Of Palms.
What is the average sales price for listings in 5 Edgewater Alley?
The average sales price for units in 5 Edgewater Alley is $0 currently.

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