Check Availability

1491 Cambridge Lakes Drive

1491 Cambridge Lakes Drive, Mount Pleasant, SC 29464
Property in Charleston
Sold Jul 19, 2023
$420,000
$220,000 by Truist Bank
Mortgage Due Aug 01, 2053
Sold Sep 24, 2020
$260,501
$115,000 by Fairway Independent Mortgage C
Mortgage Due Oct 01, 2050
Local assessors in Mount Pleasant, SC have categorized 1491 Cambridge Lakes Drive as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 534,603 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1491 Cambridge Lakes Drive has a total of 1,336 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. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 1491 Cambridge Lakes Drive sold most recently in Jul 11, 2023 for a total of $420,000. If you work out the math, that's approximately a cost of $314.37 per sqft. Before that, the property was also sold for $260,501 in Sep 21, 2020. 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 $1,117 in taxes each year. 1491 Cambridge Lakes Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,420. 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: 2000
  • Effective Year Built: 2000
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 534,603
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,336
  • Gross Building Area: 1,336
  • Building Area: 1,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,336
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE LAKES HPR
  • Land Acres: 12.272
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LEGAL DESCRIPTION SUBDIVISION NAME -CAMBRIDGE LAKES HPR DESCRIPTION -UNIT 208 SITE NAME -CAMBRIDGE LAKES PLATSUFFIX XXX-Z442433 POLTWP 002

Ownership

  • Current Owner : MORTON ANN S
  • Previous Owner : MARETT JOE C
  • Previous Owner 2: MARETT MOLLY W
  • Owner Before Previous Owner: HULTS DANIEL ROSS
  • Owner Before Previous Owner 2: HULTS KRISTIN L

Neighborhood

  • School District Name: Charleston County School District
  • School Tax School District: MOUNT PLEASANT
  • Census Tract: 004619

Geography

  • Assessors Map Reference: MB Z442 PG 433
  • District: 21
  • Parcel: 559-14-00-109
  • Municipality: TOWN OF MT. PLEASANT
  • Latitude: 32.8117
  • Longitude: -79.8466

    Address

  • Full Address: 1491 Cambridge Lakes Dr
  • Address - House Number: 1491
  • Address - Street Name: Cambridge Lakes
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Mount Pleasant
  • Carrier Code: R026
  • 4-Digit Zip Code: 7301
  • Zip Code: 29464

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,117
  • Tax Rate Code Area: 2-1

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 70
  • Final Value: 450,767
  • High Value: 548,497
  • Low Value: 353,036

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jul 19, 2023
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $260,500
  • Market Land Value: $69,500
  • Market Improvement Value: $191,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,420

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Transaction ID: 11912076140
  • Current Sale Price: $420,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 24, 2020
  • Previous Sale Contract Date: Sep 21, 2020
  • Previous Sale Amount: $260,501
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jul 19, 2023
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Sep 24, 2020
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Mount Pleasant



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1600 Long Grove Drive, Mount Pleasant, SC, 29464

$3,250 /mo

  • 3 Beds
  • 2 Baths
1600 Long Grove Drive #417, Mount Pleasant, SC, 29464 Listing by Cj Garrett Roth

Frequently Asked Questions

What neighborhood is 1491 Cambridge Lakes Drive located in?
The 1491 Cambridge Lakes Drive is a located in the neighborhood of Charleston in Mount Pleasant, Mount Pleasant.
What is the average sales price for listings in 1491 Cambridge Lakes Drive?
The average sales price for units in 1491 Cambridge Lakes Drive is $0 currently.

Quantcast