NOT LISTED FOR SALE

123 Cherry Grove Dr Summerville, SC 29483

Estimated Value: $517,000 - $543,000

5 Beds
3.5 Baths
2,711 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $474,517 $175 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,205/month

163 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Loft
  • Home Energy Rating Service (HERS) Rated Property
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of December 2022

Welcome home to the postcard-perfect community boasting of Southern charm, The Ponds! This new phase in one of Summerville's most sought-after communities features expertly designed floorplans with the most sought-after finishes. The Ponds offers homeowners resort-style amenities with the convenience of multiple shopping centers just a short drive away. You'll fall in love when you visit The Ponds! The Elle floorplan features an open living space and kitchen, first floor primary bedroom with a large walk-in closet, and a flex space for use of an office or formal dining room. The second floor features four secondary bedrooms, two full bathrooms, laundry room, and a substantial bonus living space. Photos are a depiction of a similar home

Last Listed By

Ab Sanchez

D R Horton Inc License #50468 Listed on: 07/01/2022

D R Horton Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,255

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,276

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 2,711 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Schools

  • Sand Hill Elementary School
  • Gregg Middle School
  • Summerville High School

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • Screened Patio
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Dr Horton
  • The Ponds Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,255

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2022
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: The Ponds
  • Directions: Travel West On I-26 Toward Summerville. Take Exit 205a And Continue On Ladson Rd. Right Onto Dorchester Rd. And Right Onto Us-17 Alt N. Turn Left Into The Ponds. First Exit At Traffic Circle Onto Hundred Oaks Pkwy
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Tankless Water Heater
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Ground Level
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Eat-in Kitchen, Entrance Foyer, Great, Loft, Separate Dining
  • Master Bedroom Features: Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre
  • Home Warranty: Yes
  • Builder Name: Dr Horton
  • Construction Type: Cement Plank
  • Foundation Details: Slab
  • Patio And Porch Features: Screened
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dorchester Cnty Water and Sewer Dept, Dorchester Cnty Water Auth
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Park, Pool, Walk/Jog Trails
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Sand Hill
  • High School: Summerville
  • Middle Or Junior School: Gregg

Lot Info

  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: HERS Index Score

Tax Info

  • Tax Map Number: 1431400150

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Dec 29, 2022
Sold by
Dr Horton Inc
Bought by
Trotter Ansel Benard
Seller's Agent
Ab Sanchez
D R Horton Inc
Buyer's Agent
Ansel Trotter
The Boulevard Company
List Price
$547,990
Sold Price
$474,517
Premium/Discount to List
-$73,473
-13.41%
Total Days on Market
163
Views
70
Current Estimated Value
$525,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,241
Avg. Annual Appreciation
4.15%
Original Mortgage
$427,065
Outstanding Balance
$417,826
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$103,589

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trotter Ansel Benard $474,517 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trotter Ansel Benard $427,065
Previous Owner Forestar Usa Real Estate Group Inc $1,077,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $474,517 -1.0% $175 / Sq Ft
10/23/2022 10/23/22 Price Changed $479,310 -12.8% $177 / Sq Ft
10/17/2022 10/17/22 Price Changed $549,445 +14.6% $203 / Sq Ft
10/06/2022 10/06/22 Price Changed $479,310 -9.2% $177 / Sq Ft
09/22/2022 09/22/22 Price Changed $527,931 -2.6% $195 / Sq Ft
09/20/2022 09/20/22 Price Changed $542,000 +2.7% $200 / Sq Ft
08/15/2022 08/15/22 Price Changed $527,931 +1.0% $195 / Sq Ft
08/12/2022 08/12/22 Price Changed $522,704 -4.6% $193 / Sq Ft
07/01/2022 07/01/22 For Sale $547,990 -- $202 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,255 $18,780 $4,400 $14,380
2023 $3,255 $27,335 $6,600 $20,735
2022 $2,201 $6,100 $6,100 $0
2021 $0 $6,100 $6,100 $0
Source: Public Records

Agents Affiliated with this Home

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Source: CHS Regional MLS

MLS Number: 22017795

CHS Regional MLS

APN: 143-14-00-150