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5001 Coral Reef Drive

5001 Coral Reef Drive, Johns Island, SC 29455
Property in Charleston
Sold Jun 25, 2018
$425,000
$341,379 by Quicken Loans Llc
Mortgage Due Apr 01, 2051
Sold Sep 15, 2014
$385,000
$308,000 by Rbs Citizens Na
Mortgage Due Sep 01, 2044
Local assessors in Johns Island, SC have categorized 5001 Coral Reef Drive as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 13,068 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. 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, 4 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 3 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 5001 Coral Reef Drive has a total of 2,264 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. The building has a gable style roof that was made of composition shingle. Lots of wood 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, 5001 Coral Reef Drive sold most recently in Jun 22, 2018 for a total of $425,000. If you work out the math, that's approximately a cost of $187.72 per sqft. Before that, the property was also sold for $385,000 in Aug 28, 2014. 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 $2,167 in taxes each year. 5001 Coral Reef Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $17,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2003
  • Effective Year Built: 2003
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,264
  • Gross Building Area: 2,264
  • Building Area: 2,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINNSBORO LAKES
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL DESCRIPTION SUBDIVISION NAME -WINNSBORO LAKES DESCRIPTION -LOT 55 PHASE III-A PLATSUFFIX EF-267 POLTWP 008

Ownership

  • Current Owner : RHODES RICHARD D
  • Current Owner 2: RHODES WENDY
  • Previous Owner : SOSNOWSKI JAMES S
  • Previous Owner 2: SOSNOWSKI MARY GRETCHEN
  • Owner Before Previous Owner: GILBREATH TIMOTHY D
  • Owner Before Previous Owner 2: GILBREATH COREY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: CHARLESTON
  • Census Tract: 002107

Geography

  • Assessors Map Reference: MB EF-269
  • District: 52
  • Subdivision Phase Number: III-A
  • Parcel: 279-00-00-368
  • Lot: 55
  • Municipality: CITY OF CHARLESTON
  • Latitude: 32.728
  • Longitude: -80.0636

    Address

  • Full Address: 5001 Coral Reef Dr
  • Address - House Number: 5001
  • Address - Street Name: Coral Reef
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Johns Island
  • Carrier Code: R024
  • 4-Digit Zip Code: 8169
  • Zip Code: 29455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,167
  • Tax Rate Code Area: 5-2

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 73
  • Final Value: 715,162
  • High Value: 855,571
  • Low Value: 574,753

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,379
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Loan Amount: $341,379
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $425,000
  • Market Land Value: $100,000
  • Market Improvement Value: $325,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,000

    Sales

  • Current Sale Contract Date: Jun 22, 2018
  • Current Sale Recording Date: Jun 25, 2018
  • Current Sale Transaction ID: 11479993951
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 15, 2014
  • Previous Sale Contract Date: Aug 28, 2014
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF SOUTH CAROLINA
  • First Mortgage Transaction Date: Jun 25, 2018
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: RBS CITIZENS NA
  • Previous Mortgage Transaction Date: Sep 15, 2014
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2044

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Frequently Asked Questions

What neighborhood is 5001 Coral Reef Drive located in?
The 5001 Coral Reef Drive is a located in the neighborhood of Charleston in Charleston, Johns Island.
What is the average sales price for listings in 5001 Coral Reef Drive?
The average sales price for units in 5001 Coral Reef Drive is $0 currently.

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