NOT LISTED FOR SALE

1656 Lake Wateree Dr Florence, SC 29501

Estimated Value: $526,000 - $550,921

5 Beds
4 Baths
4,868 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $525,000 $108 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,021/month

121 Days on Market

Highlights

  • Waterfront
  • Pond
  • Cathedral Ceiling
  • West Florence High School Rated A-
  • Traditional Architecture
  • Wood Flooring

About This Home

As of October 2023

Welcome to this stunning property with beautiful views and plenty of space for the whole family. This 5-bedroom, 4-bathroom home is perfect for those who love to entertain or just want to relax in style. Step inside and you'll be greeted by an open floor plan that's perfect for entertaining. The living room features a cozy fireplace and large windows that offer breathtaking views of the lake. The gourmet kitchen boasts granite countertops, stainless steel appliances, and plenty of cabinet space for all your cooking needs. The home also features a home theater, complete with a projector, screen, and surround sound system, making it the perfect place to watch your favorite movies or sports games with family and friends. When it's time to unwind, head to the master suite, which features a large walk-in closet and a luxurious en-suite bathroom with a soaking tub and separate shower. The other four bedrooms are spacious and bright, and offer plenty of room for guests or a growing family. Outside, the backyard is an oasis with a screened porch that overlooks the lake, perfect for enjoying a morning coffee or an evening glass of wine. This beautiful home is located in a desirable neighborhood of West Lakes with easy access to shopping, dining, and entertainment. Don't miss your chance to own this incredible property – schedule a viewing today!

Last Listed By

Ram Venki

Re/max Professionals License #104884 Listed on: 05/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,475

Year Built

  • Built in 2015

Lot Details

  • 0.38 Acre Lot
  • Waterfront
  • Fenced Yard
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Raised Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 4,868 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Loft
  • Screened Porch
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Full Bathrooms
  • Shower Only

Outdoor Features

  • Pond

Schools

  • Delmae/Moore Elementary School
  • Sneed Middle School
  • West Florence High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • West Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05312-01-093

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,475

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Age: Existing
  • Class: RESIDENTIAL
  • Construction: Brick Veneer
  • Lvt Date: 05/04/2023
  • Style: Traditional, 2 Stories
  • Type: Single Family
  • Year Built: 2015
  • Agent Only_ L A1 User Code: 12157
  • Above Grade Finished Sq Ft: 4868
  • Second Address Number: 1656
  • Geo Longitude: -79.882973
  • OFFICELIST_STATE: SC
  • FILLSUBDIVISION: WEST LAKES
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 107.85
  • Bedroom 5: On Level: 2
  • Master Bedroom: On Level: 2
  • Appliances: Disposal, Dishwasher, Microwave, Range, Refrigerator
  • Bathroom 1: On Level: 1
  • Bathroom 2: On Level: 2
  • Bathroom 3: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Dining Room: On Level: 1
  • Estimated Sq Ft: 4868
  • Fireplaces: 1 Fireplace, Living Room
  • Floors: Carpet, Wood, Tile
  • Great Room: On Level: 1
  • Interior Amenities: Ceiling Fan, Cathedral Ceiling, Hardwood Floors, Separate Master Bdrm, Shower, Attic, Pulldown Stairs, Walk-In Closet, Wash/Dry Cnctn., Blinds, Ceilings 9+ Feet, Solid Surface Countertops
  • Kitchen: On Level: 1
  • Living Room: On Level: 1
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Specialty Rooms: Separate Formal Living, Separate Formal Dining, Home Office, Loft

Exterior Features

  • Exterior Features: Insulated Windows, Fenced Yard, Sprinkler System, Screen Porch, Pond
  • Foundation: Raised Slab
  • Roof: Architectural Shingle

Garage/Parking

  • Garage: Attached
  • Garage Capacity: 2

Utilities

  • Cooling System: Central Air, Heat Pump(s)
  • Heating System: Heat Pump(s)
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Fees: 100
  • HOA Fee Frequency: Yearly

Association/Amenities

  • HOA Mandatory: Yes

Schools

  • Elementary School: Delmae/Moore
  • Middle School: Sneed
  • High School: West Florence
  • Elementary School: DELMAE/MOORE
  • High School: WEST FLORENCE
  • Middle School: SNEED

Lot Info

  • Number Of Acres: 0.38
  • Property Location: Water Front
  • Geo Subdivision: SC

Tax Info

  • Taxes: $5475 @ 6%
  • Tax Map: 05312-01-093

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Oct 25, 2023
Sold by
Yerasi Anirudh and Peddakotla Deepika
Bought by
Kingcade Marquis and Kingcade Alora
Seller's Agent
Ram Venki
Re/max Professionals
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%
Total Days on Market
121
Views
795
Current Estimated Value
$541,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,730
Avg. Annual Appreciation
2.10%
Original Mortgage
$536,287
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
Jun 12, 2015
Closed on
Dec 21, 2015
Sold by
Hurricane Construction Inc
Bought by
Peddakotla Deepika and Yerasi Anirudh
Seller's Agent
Mary Fuller
Coldwell Banker McMillan and Associates
Buyer's Agent
Mary Fuller
Coldwell Banker McMillan and Associates
List Price
$343,000
Sold Price
$343,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$300,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Kingcade Marquis $525,000 None Listed On Document
Peddakotla Deepika $343,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingcade Marquis $556,719
Closed Kingcade Marquis $536,287
Previous Owner Peddakotla Deepika $271,000
Previous Owner Peddakotla Deepika $299,700
Previous Owner Peddakotla Deepika $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $525,000 -2.8% $108 / Sq Ft
08/15/2023 08/15/23 For Sale $539,900 +2.8% $111 / Sq Ft
08/12/2023 08/12/23 Off Market $525,000 -- --
05/04/2023 05/04/23 For Sale $539,900 +57.4% $111 / Sq Ft
12/21/2015 12/21/15 Sold $343,000 0.0% $75 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $343,000 -- $75 / Sq Ft
Source: Pee Dee REALTOR® Association

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 $34 $21,266 $1,200 $20,066
2023 $1,435 $13,721 $1,200 $12,521
2022 $1,682 $13,721 $1,200 $12,521
2021 $1,777 $13,720 $0 $0
2020 $1,563 $13,720 $0 $0
2019 $1,567 $13,721 $1,200 $12,521
2018 $1,419 $13,720 $0 $0
2017 $1,337 $13,720 $0 $0
2016 $16 $60 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Pee Dee REALTOR® Association

MLS Number: 20231506

Pee Dee REALTOR® Association

APN: 05312-01-093