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7427 Mercedes Way

7427 Mercedes Way, Hanahan, SC 29410
Property in Berkeley
Sold Nov 15, 2021
$490,000
$416,500 by Ameris Bank
Mortgage Due Dec 01, 2051
Sold Mar 31, 2016
$355,926
$355,926 by Wr Starkey Mortgage Llp
Mortgage Due Apr 01, 2046
7427 Mercedes Way has been categorized by the local assessors in Hanahan, SC as a residential type of property. The building on the property was first built in 2016 and is 8 years old. In addition, 7427 Mercedes Way has 2,444 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 6,852 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened porch. Love to swim? You'll be excited to find out that there is a pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The property was last sold in Nov 10, 2021 for $490,000. That's $200.49 per sqft. Prior to that sales transaction, the property was also sold in Mar 30, 2016 for $355,926. 7427 Mercedes Way was last assessed in 2023. The total value of the property was assessed at $481,400. Specifically, the land the property is located on was valued at $90,000. While improvements on the property were assessed at a total of $391,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,619. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Screened porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,852
  • Total Building Area: 2,444
  • Gross Building Area: 3,043
  • Building Area: 2,444
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,444
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBERCREST VILLAGE
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 22TIMBERCREST VILLAGE

Ownership

  • Current Owner : FLETCHER CHRISTOPHER
  • Current Owner 2: FLETCHER GINNY
  • Previous Owner : SCOTT HEATHER LEANNE
  • Owner Before Previous Owner: WEEKLEY HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Berkeley County School District
  • School Tax School District: T09
  • School Tax District Code 2: F38
  • Census Tract: 020812

Zoning

  • Zoning: HANAHAN -

Geography

  • Assessors Map Reference: CAB S - 45A
  • District: 2
  • Parcel: 259-07-04-022
  • Lot: 22
  • Municipality: HANAHAN
  • Latitude: 32.9506
  • Longitude: -80.0118

    Address

  • Full Address: 7427 Mercedes Way
  • Address - House Number: 7427
  • Address - Street Name: Mercedes
  • Address - Suffix Type: Way
  • State: SC
  • City Name: Hanahan
  • Carrier Code: R085
  • 4-Digit Zip Code: 8293
  • Zip Code: 29410

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,619
  • Tax Rate Code Area: T09

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 598,795
  • High Value: 705,270
  • Low Value: 492,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,500
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $416,500
  • 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: $481,400
  • Market Land Value: $90,000
  • Market Improvement Value: $391,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,400
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $391,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Transaction ID: 11866351166
  • Current Sale Price: $490,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021053749
  • Previous Sale Recording Date: Mar 31, 2016
  • Previous Sale Contract Date: Mar 30, 2016
  • Previous Sale Amount: $355,926
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Nov 15, 2021
  • First Mortgage Loan Amount: $416,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WR STARKEY MORTGAGE LLP
  • Previous Mortgage Transaction Date: Mar 31, 2016
  • Previous Mortgage Loan Amount: $355,926
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Hanahan



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 7427 Mercedes Way located in?
The 7427 Mercedes Way is a located in the neighborhood of Berkeley in Hanahan, Hanahan.
What is the average sales price for listings in 7427 Mercedes Way?
The average sales price for units in 7427 Mercedes Way is $0 currently.

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