Seller's Agent in 2023
Chris Eller
The Cassina Group
(843) 343-3359
11 in this area
37 Total Sales
2 Driftwood Ln Isle of Palms, SC 29451
0.32
Acre
$1,718,750
Price per Acre
13,939
Sq Ft Lot
Highlights
- Marina
- Trails
- Level Lot
- Sullivans Island Elementary School Rated A
About This Lot
As of November 2023This spacious Oak-lined lot is ideally situated on the corner of Waterway and Driftwood offering a quiet and lightly traveled location to build your dream home. A short stroll or bike ride to the beach, IOP marina and store and the wonderful IOP Recreation Department offering many outdoor activities including basketball, tennis, softball, soccer, a large playground and an indoor fitness center and gym. Water and Sewer are located at the street front making this an easily developed lot in the heart of paradise!
Property Details
Property Type
- Land
Est. Annual Taxes
- $52,458
Lot Details
- 0.32 Acre Lot
- Level Lot
Schools
- Sullivans Island Elementary School
- Laing Middle School
- Wando High School
Community Details
Overview
- Isle Of Palms Subdivision
Recreation
- Marina
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2021
Closed on
Dec 15, 2021
Sold by
Kendrick Steven B
Bought by
Galloway Family Homes Llc
Seller's Agent
Chris Hulsey
Brand Name Real Estate
Buyer's Agent
Chris Eller
The Cassina Group
List Price
$875,000
Sold Price
$875,000
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
$3,430,258
Avg. Annual Appreciation
55.31%
Original Mortgage
$1,600,000
Interest Rate
3.12%
Mortgage Type
Construction
Purchase Details
Listed on
May 28, 2019
Closed on
Nov 18, 2020
Sold by
Pessagno Charles A and Pessagno Diana C
Bought by
Kendrick Steven B
Buyer's Agent
Chris Hulsey
Brand Name Real Estate
List Price
$550,000
Sold Price
$550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.61%
Original Mortgage
$412,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2008
Sold by
Pessagno Charles A and Pessagno Diana C
Bought by
Pessagno Charles A and Pessagno Diana C
Purchase Details
Closed on
Jun 25, 2003
Sold by
Petersen Arlin G and Petersen Keather O
Bought by
Tumbleston Contracting Inc
Purchase Details
Closed on
Dec 6, 1999
Sold by
Rhodes Samuel W
Bought by
Petersen Arlin G and Petersen Keather O
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $875,000 | None Listed On Document | |
| Warranty Deed | $550,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $270,000 | -- | |
| Deed | $230,000 | -- | |
| Deed | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,010,000 | Construction | |
| Closed | $1,600,000 | Construction | |
| Previous Owner | $412,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2023 11/18/23 | Sold | $3,825,000 | -1.8% | $1,007 / Sq Ft |
| 06/21/2023 06/21/23 | For Sale | $3,895,000 | +345.1% | $1,026 / Sq Ft |
| 12/17/2021 12/17/21 | Sold | $875,000 | 0.0% | -- |
| 11/17/2021 11/17/21 | Pending | -- | -- | -- |
| 10/25/2021 10/25/21 | For Sale | $875,000 | +59.1% | -- |
| 11/30/2020 11/30/20 | Sold | $550,000 | 0.0% | -- |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- |
| 05/28/2019 05/28/19 | For Sale | $550,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $52,458 | $229,500 | $0 | $0 |
| 2023 | $52,458 | $52,500 | $0 | $0 |
| 2022 | $11,327 | $52,500 | $0 | $0 |
| 2021 | $7,052 | $33,000 | $0 | $0 |
| 2020 | $4,016 | $18,980 | $0 | $0 |
| 2019 | $3,680 | $16,500 | $0 | $0 |
| 2017 | $3,512 | $16,500 | $0 | $0 |
| 2016 | $3,370 | $16,500 | $0 | $0 |
| 2015 | $3,206 | $16,500 | $0 | $0 |
| 2014 | $3,945 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Legrand Elebash
William Means Real Estate, LLC
(843) 810-6450
6 in this area
98 Total Sales
-
C
Seller's Agent in 2021
Chris Hulsey
Brand Name Real Estate
(843) 514-1664
2 in this area
5 Total Sales
-
K
Seller Co-Listing Agent in 2020
Kristen Kern-whitehead
32 South Properties, LLC
(843) 670-1671
15 in this area
70 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 19015618
APN: 571-05-00-171
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