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111 Park Lane
Moncks Corner, SC 29461
$624,900
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
--
Property Description
**$0 DOWN PAYMENT LOAN IF QUALIFIED!** LOCATION! NO HOA! FULLY RENOVATED! THIS HOME IS AN ABSOLUTE STUNNER! There is TWO septic tank systems on the property and TWO separate sets of utilities where you can add an additional home. Wood siding, not vinyl. The crawlspace has been replaced with new wood joists, two french drains added, two sump pumps added, and graded for peace of mind for the new home owners! IT HAS A SEPARATE OFFICE! Introducing a truly remarkable luxury residence nestled on almost 2.5 acres of land in a highly sought-after area near Cane Bay, this is a perfect location!This extraordinary property offers the perfect blend of country tranquility and convenient city living, with the renowned Cane Bay school systems just a five-minute drive away and essential amenities, shopping, and restaurants within close proximity. The unique features of this home set it apart from the rest. Should you desire, there is even the potential to add a home back onto the property, as there was one previously. The property boasts two driveways, with the left side leading to a spacious area where a workshop/garage can be added and customized to your liking. The two car garage is located off the primary porch which has been completely renovated and is very, very spacious inside for endless hobbies to be conducted. Prepare to be amazed as this home has undergone an extensive one-year renovation process, leaving no detail untouched. The exterior has been meticulously updated, with new black gutters and replacement windows throughout. The crawlspace has been completely replaced, ensuring safety with a vapor barrier, sump pumps, and dehumidifier. The landscaping has been revitalized, and a new custom sidewalk has been added. Step inside, and you'll be greeted by an interior that is truly one-of-a-kind. The layout has been completely redesigned, and the home now features scratch-resistant, waterproof-resistant flooring throughout. The living room boasts a custom fireplace with a matching mantle, creating a focal point that is sure to impress. The kitchen is a chef's dream, with quartz countertops, a stunning gold vein island, beveled backsplash, and high-end cabinetry with soft-close drawers. Stainless steel appliances, including a built-in oven, microwave combo, refrigerator, dishwasher, and electric cooktop, complete the space. The island features peg legs to give it a touch of elegance. A custom coffee bar has been added along with custom wood shelves and a butcher block top. The former laundry room and water heater room have been transformed into a gorgeous pantry, complete with quartz countertops and high-end shelves for ample storage. This home offers four generously sized bedrooms with three secondary bedrooms, each offering plenty of space for relaxation and personalization. Additionally, there is a separate room that can be used as an office, with its own exterior access for added convenience. Baseboards, window trim, and door trim have been added throughout, adding a touch of elegance to every room. The guest bathroom features quartz countertops, gray cabinetry to match the kitchen, tiled flooring, and a cast iron tub with a unique tile pattern for the shower. The primary bedroom is a true retreat, boasting ample space and a private fireplace with a custom mantle. From the primary bedroom, you can access a private back porch, where you can unwind and enjoy the peaceful surroundings. The primary bathroom is a true masterpiece, featuring separate his and her vanities with quartz countertops, high-end cabinets, and tile flooring. The custom shower includes a bench and a unique design, creating a spa-like experience. Adjacent to the primary bathroom is a laundry room with custom shelves, tiled flooring, and additional cabinets for storage. This leads to a massive closet, expertly designed by Closet by Design, offering ample space for all your clothing and shoe storage needs. The back half of the home has been transformed into a private primary suite, previously featuring a second kitchen, two bedrooms, a bathroom, and a living room. The porch connecting to the primary bedroom is a secluded oasis, providing a tranquil space to enjoy the starry nights and the soothing sounds of nature. Don't miss out on the opportunity to own this exceptional property. Schedule a viewing today and experience the epitome of luxury living in a truly idyllic setting.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
1982
MLS Number
24007992
Location
Address
111 Park Lane
City
Moncks Corner
State
SC
Zip Code
29461
County
BERKELEY
Listing
Provider
The Boulevard Company, original listing
Name
The Boulevard Company
Phone
(843) 723-1988
Office Name
The Boulevard Company, LLC
Office Phone
(843) 723-1988
Agent Name
Chris Maddox

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.