D
Seller's Agent in 2020
Dennis Samuelson
Carolina One Real Estate
(843) 906-9500
14 in this area
22 Total Sales
2 43rd Ave Isle of Palms, SC 29451
Estimated Value: $1,715,000 - $5,618,000
1.24
Acres
$2,956,855
Price per Acre
54,014
Sq Ft Lot
Highlights
- Beach Front
- 1.24 Acre Lot
- Elevated Lot
- Sullivans Island Elementary School Rated A
About This Lot
As of February 2020There are only a handful of lots on the island that can boast of 120' of beach frontage! The views from this property are simply incredible with expansive Atlantic Ocean vistas. It's about location and this property is off the busy road and down at the end of a quiet avenue. No need to put up with traffic & parking in your front yard! The lot provides good drainage and extends to the mean high-water line (452ft) boasting 1.24 acres on the oceanfront. It has a large building area which can accommodate up to a 6,600 sq. ft home. The large lot leaves ample area for a beautifully landscaped yard.The property features a large 15x30 in-ground pool with expansive pool decking for poolside lounging. The pool was recently constructed and placed on the lot line so that a new structure could be built, and the pool could remain. If you are looking for a spot to build a new, luxurious oceanfront home, this may be it. The lot is tied to city sewer and a grinder pump in place.
Flexible terms with option for seller financing or ground lease. Lease option could be a means to build while limiting out of pocket expense, preserving cash.
Brown Glaws, one of Charleston most respected builders, offers an option for a magnificent 6 bedroom, 6 full-bath, 2 half-bath luxury 6,600 sqft home ideally suited for this lot. This option would greatly reduce the lead time from purchase to build. The option is yours - purchase the lot and move forward your building plans or consider a turnkey project (see MLS 19017524). Whatever direction you choose, the site is prepped and ready for construction to start.
Listed below appraised land value. Land appraised at $3.05M on August 23, 2018.
Located only two blocks from the entrance to Wild Dunes Resort means that you have easy access to two great Fazio designed golf courses, clay court tennis center (requires membership), resort spa, shops and restaurants. It's close enough to walk to the resort but located on a dead-end street which provides a quiet environment that is not enjoyed by other oceanfront properties located on the roads regularly traveled.
Last Agent to Sell the Property
Carolina One Real Estate License #25385 Listed on: 06/03/2019
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,854
Year Built
- 1963
Lot Details
- 1.24 Acre Lot
- Lot Dimensions are 120x452
- Beach Front
- Elevated Lot
- Finished Lot(s)
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Listing and Financial Details
- Tax Lot 1
Community Details
Overview
- Club Membership Available
Recreation
- Golf Course Membership Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2019
Closed on
Feb 18, 2020
Sold by
Friends Llc
Bought by
William Ungemach James and William Elizabeth Ungemach
Seller's Agent
Dennis Samuelson
Carolina One Real Estate
Buyer's Agent
Ann Evans
Carolina One Real Estate
List Price
$2,985,000
Sold Price
$2,875,000
Premium/Discount to List
-$110,000
-3.69%
Total Days on Market
223
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,500
Avg. Annual Appreciation
4.68%
Purchase Details
Closed on
Sep 29, 2014
Sold by
Friends Llc
Bought by
Jones Martha Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 7, 2012
Sold by
Buchanan Candy C and Parker Lou Ann
Bought by
Friends Llc
Purchase Details
Closed on
May 23, 2006
Sold by
Buchanan Christine C
Bought by
Christine C Buchanan Revocable Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| William Ungemach James | $2,875,000 | None Available | |
| Jones Martha Elizabeth | $425,000 | -- | |
| Friends Llc | $1,900,000 | -- | |
| Christine C Buchanan Revocable Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jones Martha Elizabeth | $425,000 | |
| Previous Owner | Buchanan Christine C | $938,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2020 02/18/20 | Sold | $2,875,000 | -3.7% | $1,035 / Sq Ft |
| 01/13/2020 01/13/20 | Pending | -- | -- | -- |
| 06/03/2019 06/03/19 | For Sale | $2,985,000 | -- | $1,075 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $15,489 | $115,000 | $0 | $0 |
| 2022 | $37,135 | $172,500 | $0 | $0 |
| 2021 | $36,710 | $172,500 | $0 | $0 |
| 2020 | $6,647 | $79,070 | $0 | $0 |
| 2019 | $6,016 | $68,760 | $0 | $0 |
| 2017 | $5,854 | $68,760 | $0 | $0 |
| 2016 | $5,476 | $68,760 | $0 | $0 |
| 2015 | $5,894 | $68,760 | $0 | $0 |
| 2014 | $22,014 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Samuelson
-
Ann Evans
Buyer's Agent in 2020
Ann Evans
Carolina One Real Estate
(843) 884-1800
8 in this area
64 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 19016362
APN: 571-12-00-040
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The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved
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