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$850,000

Beds
5
Baths
3.5
sq ft
Unknown

5162 Forest Oaks Dr, Hollywood, SC 29449

5162 Forest Oaks Dr

Hollywood, SC 29449

  • 97 days on market
    • Price drop $25,000↓
***A Golfer's Paradise!***Discover elegance and Southern charm at 5162 Forest Oaks Drive, nestled within the prestigious, gated neighborhood of Stono Ferry Plantation, one of Charleston's premier golf and equestrian communities. This exquisite brick residence, positioned on a tranquil cul-de-sac, boasts breathtaking views of the 16th and 17th holes of the award-winning championship golf course.This updated and meticulously maintained 5 bedroom, 3.5 bathroom home boasts ~3100 SF of living space and epitomizes refined living. Upon entering through the grand foyer, you'll be greeted by freshly painted white walls, soaring ceilings and gleaming hardwood floors.To the left, the formal dining room provides an elegant space for hosting gatherings, while the adjacent sitting room serves as a sophisticated area to welcome guests or to use as a home office. The gourmet eat-in kitchen features modern finishes, granite countertops, custom cabinetry, and a large custom island perfect for culinary creations, all while offering captivating views of the golf course. A spacious, walk-in pantry provides ample storage for all your culinary needs. The living room is adorned with a brick fireplace and a large, glass doorway leading to the expansive screened-in porch, creating a seamless indoor-outdoor living experience. Upstairs, you'll see brand new luxury vinyl plank floors leading to the owners suite. This private retreat features plantation shutters, abundant natural light and custom built-ins. The ensuite bath includes his-and-her vanities with new countertops, mirrors, faucets, hardware, a glass walk-in shower, a separate jetted bathtub, and dual walk-in closets providing ample wardrobe space. Down the hall are two generously sized bedrooms with large closets and share a well-appointed hall bathroom. Further down is a separate wing of the home including the fourth bedroom with an ensuite, handicap accessible bath, making it an ideal mother-in-law suite. This wing of the house also includes a spacious living room with a large walk-in closet, perfect for a family member seeking privacy. This can also be used as a fifth bedroom, home office, exercise room, or TV room. With a private entrance and a brand new carpeted, dedicated staircase, this area offers flexibility and independence. Outside, the large, screened-in porch invites you to sip sweet tea and savor meals al fresco while enjoying the stunning views of the golf course and surrounding nature. A smaller, fenced-in area within the backyard is perfect for cooking out, putting contests or simply letting your dog out. The large backyard sits on almost half an acre with plenty of room for a pool. Several mature trees provide plenty of privacy. The custom-built zipline platform and firepit are perfect for playing and entertaining. The home also features a large two-and-a-half-car garage upgraded with epoxy coating and ready for your vehicles, golf cart, and abundant storage. Stono Ferry Plantation offers an array of community amenities, including a Junior Olympic-size pool, a community pavilion and clubhouse, polo fields, basketball courts, pickleball courts, and tennis courts. Residents can partake in the annual Charleston Cup Steeplechase horse race and Gala among other social events under the ancient oaks and towering pines. This remarkable property is less than 30 minutes from historic downtown Charleston, Folly Beach, and a wealth of shopping and dining options. Embrace the Southern lifestyle, complete with golf, equestrian pursuits as well as the rich history of the 600-acre former Revolutionary War battlefield at Stono Ferry. Experience the epitome of luxury living in one of Charleston's most sought-after communities. Welcome home!

Details

Property type

Single Family Residence

Est. home value

$722,894

Lot size

0.38 acres

Price per sq ft

Unknown

Year built

2000

Annual property taxes

$2,150

Monthly HOA fee

$95.17

Price History

10/02/2024
CTAR

CTAR #24019410

Price change
$850,000
-2.86%
08/29/2024
CTAR

CTAR #24019410

Price change
$875,000
-2.45%
07/31/2024
CTAR

CTAR #24019410

Listed
$897,000
+30%

Schools & Community

Elementary school: 

E.B. Ellington

Middle school: 

Baptist Hill

High school: 

Baptist Hill

Community features: 

Fitness Center, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$137,200
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$644,800
Cash to seller
$137,200

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

April 2023

Original loan amount

$655,500

Est. remaining balance

$644,800

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Marcelo Elias Elias and Vanessa Guerra Jordan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 6:20 PM

Listing updated: 11/01/2024 at 4:00 PM

Listed by: Shannon Vrabel, EXP Realty LLC Phone #: (888) 440-2798

MLS: CTAR #24019410

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