NOT LISTED FOR SALE

3 Driftwood Ln Isle of Palms, SC 29451

Estimated Value: $2,350,000 - $3,480,628

3 Beds
3 Baths
2,326 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $999,000 $429 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $16,329/month

124 Days on Market

Highlights

  • Floating Dock
  • Home fronts a seawall
  • Deck
  • Sullivans Island Elementary School Rated A
  • Pier or Dock
  • Contemporary Architecture

About This Home

As of September 2015

Major Price Reduction! Location! A rare price for Home with deep water dock on a sheltered cove off the Intercoastal waterway. Enjoy having your boat docked just behind your home. Watch the sunset or fish off your dock. Also just blocks to the beaches and Atlantic Ocean.The home is a unique round design with high ceiling on the upper level with lots of views to the water. The lot to the right extends past the fence. The home is in need of updating and TLC but could be great! The home is being sold AS IS. Priced for lot. The home has a termite bond on the home. Home has had home inspection. This is an opportunity to live on deep water on IOP for one the lowest prices on the market.

Last Agent to Sell the Property

Kathleen Emry

Agent Group Realty License #49077 Listed on: 03/24/2015

Last Buyer's Agent

Elizabeth Shirley

BHHS Carolina Sun Real Estate License #58555

BHHS Carolina Sun Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 110 x 129
  • Home fronts a seawall
  • Partially Fenced Property
  • Irrigation

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • Dishwasher
  • Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Floating Dock
  • Deck

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Pier or Dock

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary
  • Year Built: 1981
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.33
  • Lot Size: 110 x 129
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Waterway Blvd To Driftwood Lane, House Is Second Home On The Left On The Water Side.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Ceiling Fan(s)
  • Window Features: Skylight(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial
  • Waterfront Features: Waterfront - Deep, Seawall
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Dock - Existing, Dock - Floating, Lawn Irrigation
  • Foundation Details: Raised, Slab
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2017
Sold by
Mcgowan Terrence James and Mcgowan Ellen Marie
Bought by
Mcgowan Terrence J and Terrence J Mcgowan Revocable Trust
Current Estimated Value
$2,955,157

Purchase Details

Listed on
Mar 24, 2015
Closed on
Sep 11, 2015
Sold by
Sykes David R and Sykes Mary F
Bought by
Mcgowan Terrence James and Mcgowan Ellen Marie
Seller's Agent
Kathleen Emry
Agent Group Realty
Buyer's Agent
Elizabeth Shirley
BHHS Carolina Sun Real Estate
List Price
$999,000
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%

Purchase Details

Listed on
Mar 24, 2015
Closed on
Aug 11, 2015
Sold by
Estate Of Agnes Patricia Meola Guzzardo
Bought by
Sykes David R and Sykes Mary F
Seller's Agent
Kathleen Emry
Agent Group Realty
Buyer's Agent
Elizabeth Shirley
BHHS Carolina Sun Real Estate
List Price
$999,000
Sold Price
$999,000

Purchase Details

Closed on
Dec 5, 2005
Sold by
Sykes David R and Sykes Mary F
Bought by
Guzzardo Anthony and Guzzardo Agnes

Purchase Details

Closed on
Oct 22, 2004
Sold by
Guzzardo Anthony and Guzzardo Agnes
Bought by
Sykes David R and Sykes Mary F

Purchase Details

Closed on
Jun 15, 2001
Sold by
Dunn David W and Warner Karyn L
Bought by
Sykes David R and Sykes Mary F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcgowan Terrence J -- None Available
Mcgowan Terrence James $980,000 --
Sykes David R -- --
Guzzardo Anthony -- None Available
Sykes David R -- --
Sykes David R $855,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2015 09/11/15 Sold $999,000 0.0% $429 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $999,000 -- $429 / 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 $9,420 $116,850 $0 $0
2023 $8,799 $116,850 $0 $0
2022 $8,835 $116,850 $0 $0
2021 $9,507 $116,850 $0 $0
2020 $3,801 $44,850 $0 $0
2019 $3,387 $39,000 $0 $0
2017 $3,401 $39,200 $0 $0
2016 $3,185 $39,200 $0 $0
2015 $4,307 $49,920 $0 $0
2014 $3,673 $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: 15007502

CHS Regional MLS

APN: 571-05-00-161