NOT LISTED FOR SALE

Estimated Value: $743,000 - $826,000

4 Beds
3.5 Baths
3,200 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $497,000 $155 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,431/month

19 Days on Market

Highlights

  • Boat Ramp
  • Gated Community
  • Family Room with Fireplace
  • River Oaks Elementary School Rated A
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of June 2020

1261 E. Isle of Palms Drive is a mint move-in ready home located in Waterway Palms Plantation. This open floor plan offers four bedrooms, three and a half bathrooms, and a bonus room that could function as a 5th bedroom. 1261 E. Isle of Palms is an elegant Low Country home that offers all of the upmarket features that discriminating buyers will require. The large open kitchen and two-story great room will instantly become a favorite “hang out” for friends, family, and guests. The kitchen features double ovens, six-burner gas cooktop, and beautiful leathered granite countertops. A large first-floor master retreat has an en-suite bathroom and a to-die-for walk-in closet. Waterway Palms Plantation gated planned residential community located on the Intercostal Waterway (ICW). Situated in Carolina Forest Waterway Palms is ideally located near shopping, grocery stores, and other daily goods and service vendors. Only a short 6-mile drive to the vast, friendly beaches and the Atlantic Ocean Waterway Palms offers the best of both land and sea. The focal point of this magnificent waterway community is the impressive two-story community clubhouse. This fantastic facility features a large swimming pool, tennis courts, playground area, party rooms, catering kitchen, social areas, verandas, and viewing gazebos. Homeowners are also afforded access to dry dock boat storage and a boat launch into the ICW. Don’t miss out on this beautiful home. Start living the Vacation Life.

Last Agent to Sell the Property

Jason Ellis

JTE Real Estate License #9287 Listed on: 04/16/2020

Last Buyer's Agent

Holly Turner

INNOVATE Real Estate License #116756

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 2017

Lot Details

  • 0.27 Acre Lot
  • Rectangular Lot
  • Property is zoned pud

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Concrete Siding
  • Tile

Interior Spaces

  • 3,200 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room with Fireplace
  • Dining Area
  • Bonus Room
  • Carpet
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Front Porch

Schools

  • River Oaks Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, legal and accounting, common maint/repair, manager, pool service, recreation facilities, security, trash pickup
  • The community has rules related to allowable golf cart usage in the community
  • Intracoastal Waterway Community

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 2017

Lot Details

0

HOA Fees

$115 per month

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 61x209x90x147
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Seller Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet, Boat Ramp
  • Estimated Year Built: 2017
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Fireplace, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 115
  • HOA Management Company: Waccamaw Management: 843-903-9551
  • Lvt Date: 04/16/2020
  • Sold Total Heated Sq Ft: 3200
  • Sold Total Sq Ft: 4257
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3200
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Stairs To Attic, Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: Bonus Room, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Double Oven, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range Hood, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 4257

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Lawn Sprinkler
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Slab
  • Number Of Acres: 0.27

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Legal And Accounting, Common Maint/Repair, Manager, Pool Service, Recreation Facilities, Security, Trash Pickup

Schools

  • Elementary School: River Oaks Elementary
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: In Icw Community
  • Zoning: pud

MLS Schools

  • Elementary School: River Oaks Elementary
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jun 17, 2020
Sold by
Clayton Philip A
Bought by
Palombo Donato Michael and Palombo Jennifer Ashley
Seller's Agent
Jason Ellis
JTE Real Estate
Buyer's Agent
Holly Turner
INNOVATE Real Estate
List Price
$515,000
Sold Price
$497,000
Premium/Discount to List
-$18,000
-3.5%
Current Estimated Value
$779,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,419
Avg. Annual Appreciation
9.67%
Original Mortgage
$397,600
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2014
Sold by
Dsw Properties Llc
Bought by
Clayton Philip A and Clayton Sarah K

Purchase Details

Closed on
May 16, 2006
Sold by
South Carolina Coastal Development Inc
Bought by
Kharouba Issa and Luteey Gregory
Source: Public Records

Range of Values:

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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
Palombo Donato Michael $497,000 --
Clayton Philip A $35,000 --
Kharouba Issa $148,685 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palombo Donato Michael $397,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $497,000 -3.5% $155 / Sq Ft
04/16/2020 04/16/20 For Sale $515,000 -- $161 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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 $2,200 $41,797 $6,201 $35,596
2023 $2,200 $19,972 $3,104 $16,868
2021 $1,979 $29,958 $4,656 $25,302
2020 $1,726 $33,390 $4,056 $29,334
2019 $1,726 $22,260 $2,704 $19,556
2018 $5,371 $25,210 $2,080 $23,130
2017 $448 $2,080 $2,080 $0
2016 -- $2,080 $2,080 $0
2015 $448 $2,081 $2,081 $0
2014 -- $1,745 $1,745 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2008138

Coastal Carolinas Association of REALTORS®

APN: 42002030055