NOT LISTED FOR SALE

18 Lake Village Ln Isle of Palms, SC 29451

Estimated Value: $1,154,421 - $1,289,000

3 Beds
2 Baths
1,486 Sq Ft
$818/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $1,100,000 $740 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,696/month

105 Days on Market

Highlights

  • Marina
  • Gated Community
  • Clubhouse
  • Sullivans Island Elementary School Rated A
  • Lagoon View
  • Cathedral Ceiling

About This Home

As of September 2024

This beautifully decorated one story home on a private lagoon within the gates of Wild Dunes is a rare find indeed and is THE BEST PRICED SINGLE FAMILY HOME in the Resort. Don't underestimate the ease and value of one-story living, especially with very low fees and insurance costs. Many of the neighbors have raised their homes to add a drive-under garage. With three bedrooms and two beautifully renovated bathrooms, this beach cottage is the perfect primary, secondary or rental property. It is being sold fully furnished with few exclusions. The owners have recently added composite decking and cable steel railings to all outdoor deck areas and entry stairs; repainted the exterior of the home; and added new brick pavers to the front entry and patioarea. Wild Dunes offers two Fazio-designed golf courses, har-true and hard tennis and pickle ball courts, plenty of dining options and pools, and miles of walking paths and endless stretches of pristine beaches. Come gather on the back screened porch with friends, watch a football game and enjoy the endless array of bird and animal life up close and personal. Owning a single family home in the Resort is much less expensive than owning a condo or townhome with monthly regime and insurance expenses. Ask the listing agent for a breakdown of carrying costs!

Last Agent to Sell the Property

Ann Cortes

Carolina One Real Estate License #42581 Listed on: 04/20/2024

Carolina One Real Estate

Last Buyer's Agent

Andrea Thomas

Wild Dunes Real Estate, LLC License #117227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,970

Year Built

  • Built in 1979

Lot Details

  • 5,227 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,486 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Lagoon Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Sullivans Island Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • Wild Dunes Subdivision

Recreation

  • Marina
  • Golf Course Membership Available

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,970

Year Built

Built in 1979

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1979
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.12
  • Ownership: Fee Simple
  • Subdivision Name: Wild Dunes
  • Directions: Drive Through Main Gate Onto Palmetto Drive And Take A Left Into Lake Village And An Immediate Left Again.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace Features: Living Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Separate Dining
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre, Cul-De-Sac
  • Waterfront Features: Lagoon
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Club Membership Available, Gated, Golf Membership Available, Marina
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Sullivans Island
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 7970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Sep 18, 2024
Sold by
Peter C Gorman Revocable Declaration Of and Susan J Gorman Revocable Declaration Of
Bought by
Fleischmann Douglas and Layton Taylarr
Seller's Agent
Ann Cortes
Carolina One Real Estate
Buyer's Agent
Andrea Thomas
Wild Dunes Real Estate, LLC
List Price
$1,189,000
Sold Price
$1,100,000
Premium/Discount to List
-$89,000
-7.49%
Views
178
Current Estimated Value
$1,215,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,855
Avg. Annual Appreciation
8.70%
Original Mortgage
$660,000
Outstanding Balance
$652,567
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$563,288

Purchase Details

Closed on
Jun 18, 2021
Sold by
Gorman Peter C and Gorman Susan J
Bought by
Peter C Gorman Revocable Declaration Of Trust and Gorman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 27, 2013
Sold by
Goodloe Matthew M and Goodloe Kay C
Bought by
Gorman Peter C and Gorman Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Chamberlain Marion
Bought by
Goodloe Matthew M and Goodloe Kay C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2004
Sold by
Dean J Thomas and Dean Joanne T
Bought by
Chamberlain Marion
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fleischmann Douglas $1,100,000 None Listed On Document
Peter C Gorman Revocable Declaration Of Trust -- Boston National Title
Gorman Peter C $510,000 --
Goodloe Matthew M $565,000 --
Chamberlain Marion $449,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleischmann Douglas $660,000
Previous Owner Peter C Gorman Revocable Declaration Of Trust $199,000
Previous Owner Gorman Peter C $408,000
Previous Owner Goodloe Matthew M $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $1,100,000 -5.2% $740 / Sq Ft
07/26/2024 07/26/24 Price Changed $1,160,000 -2.4% $781 / Sq Ft
04/20/2024 04/20/24 For Sale $1,189,000 -- $800 / 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 $14,700 $35,160 $0 $0
2023 $8,230 $35,160 $0 $0
2022 $7,733 $35,160 $0 $0
2021 $7,646 $35,160 $0 $0
2020 $7,543 $35,160 $0 $0
2019 $6,930 $30,600 $0 $0
2017 $6,615 $30,600 $0 $0
2016 $6,353 $30,600 $0 $0
2015 $6,047 $30,600 $0 $0
2014 $5,857 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 24009935

CHS Regional MLS

APN: 604-09-00-205