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576 McLernon Trace

576 McLernon Trace, Johns Island, SC 29455
Property in Charleston
Sold Jan 19, 2021
$258,970
$220,124 by Velocio Mortgage Llc
Mortgage Due Jan 01, 2051
Sold Jun 15, 2020
$484,000
576 McLernon Trace 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 2020 and is 4 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 576 McLernon Trace has 1,753 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 3,485 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. In terms of heating, it is utilizing a heat pump. 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, 576 McLernon Trace sold most recently in Dec 16, 2020 for a total of $258,970. If you work out the math, that's approximately a cost of $147.73 per sqft. Before that, the property was also sold for $484,000 in Jun 15, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,374 in taxes each year. 576 McLernon Trace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,320. 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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,753
  • Gross Building Area: 1,234
  • Building Area: 1,753
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,753
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARSHVIEW COMMONS
  • Land Acres: 0.08
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LEGAL DESCRIPTION MAPPLATB L18 MAPPLATP 0028 THRU 0034 SUBDIVISIONNAME MARSHVIEW COMMONS LOT 27A

Ownership

  • Current Owner : LEWIS DARIN
  • Previous Owner : ASHTON CHARLESTON RESIDENTIAL LLC
  • Owner Before Previous Owner: GREAT CHARLESTON II LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: CHARLESTON
  • Census Tract: 005602

Geography

  • Parcel: 285-07-00-136
  • Lot: 27
  • Latitude: 32.7993
  • Longitude: -80.1133

    Address

  • Full Address: 576 Mclernon Trce
  • Address - House Number: 576
  • Address - Street Name: Mclernon
  • Address - Suffix Type: Trce
  • State: SC
  • City Name: Johns Island
  • Carrier Code: R002
  • 4-Digit Zip Code: 7814
  • Zip Code: 29455

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,374
  • Tax Rate Code Area: 6-3

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 69
  • Final Value: 431,454
  • High Value: 527,096
  • Low Value: 335,812

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,124
  • First Open Lien Mortgage Lender: VELOCIO MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Loan Amount: $220,124
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $258,000
  • Market Land Value: $48,000
  • Market Improvement Value: $210,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,320

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11824953409
  • Current Sale Price: $258,970
  • Current Sale Document Type: Limited Warranty Deed
  • Previous Sale Recording Date: Jun 15, 2020
  • Previous Sale Contract Date: Jun 15, 2020
  • Previous Sale Amount: $484,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VELOCIO MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $220,124
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 576 McLernon Trace located in?
The 576 McLernon Trace is a located in the neighborhood of Charleston in Charleston, Johns Island.
What is the average sales price for listings in 576 McLernon Trace?
The average sales price for units in 576 McLernon Trace is $0 currently.

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