NOT LISTED FOR SALE

3 Driftwood Ln Isle of Palms, SC 29451

Estimated Value: $2,583,000 - $4,013,000

3 Beds
3 Baths
2,326 Sq Ft
$1,426/Sq Ft Est. Value

Last Sold September 11, 2015

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

Est. 232% increase in value since last sale

Current estimated payment $19,287/month

124 Days on Market

Highlights

  • Floating Dock
  • Pier or Dock
  • Deck
  • Sullivans Island Elementary School Rated A
  • Waterfront
  • 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

Est. Annual Taxes

  • $8,799

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 110 x 129
  • Waterfront
  • 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

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

Est. Annual Taxes

$8,799

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

Tax Info

  • Tax Map Number: 5710500161

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
Total Days on Market
124
Current Estimated Value
$3,318,038

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
12.03%

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

Similar Homes in Isle of Palms, SC

  • 7 Seahorse Ct, Isle of Palms, SC 29451

    $2,595,000

    • 4 Beds
    • 3.5 Baths
    • 3,436 Sq Ft
    • 7 Seahorse Ct
    • Isle of Palms, SC

    Welcome to 7 Seahorse, an elevated 4-bedroom, 3.5-bathroom home located in the serene surroundings of Isle of Palms, just off Waterway Blvd. Experience the refreshing breezes from the nearby Intracoastal Waterway during the warm summer months. This meticulously maintained residence is a stunning example of traditional LowCountry architecture, featuring a spacious open floor plan, generously sized

    Vannessa Carter Dunes Properties of Chas Inc

    Section Image
  • 5 25th Ave, Isle of Palms, SC 29451

    $2,550,000

    • 4 Beds
    • 3 Baths
    • 1,775 Sq Ft
    • 5 25th Ave
    • Isle of Palms, SC

    IT'S 5 OCLOCK -This house is the 4th back from the Atlantic Ocean and on a main beach access. Recent home updates include, all bathrooms and kitchens updated in 2023. All new paint and shiplap throughout. Top floor has 3 bedrooms, 2 full baths, kitchen, great room and highlighted by a relaxing screened porch for morning coffee or evening cocktail hour. The first floor has a private mother in law

    Denise Runza Carolina One Real Estate

    Section Image
  • 3 25th Ave, Isle of Palms, SC 29451

    $2,650,000

    • 5 Beds
    • 3 Baths
    • 2,206 Sq Ft
    • 3 25th Ave
    • Isle of Palms, SC

    CLASSIC BEACH HOUSE -This home is the 3rd back from the Atlantic Ocean and located on a main beach access. The main level has 2 Bedrooms, 1 Bath, a full kitchen and great room. The top floor has 3 Bedrooms, 2 full baths, Kitchen, dining room, LR, and a relaxing sunroom. This home is great for 2 families, or grandparents who want to stay on main level. Lots of outside space with an in ground pool,

    Denise Runza Carolina One Real Estate

    Section Image
  • 15 31st Ave, Isle of Palms, SC 29451

    $2,999,999

    • 4 Beds
    • 3.5 Baths
    • 3,580 Sq Ft
    • 15 31st Ave
    • Isle of Palms, SC

    Welcome to 15-31st Ave! This graciously renovated home is located within a three minute walk to the beach! Once inside you will notice the attention to detail immediately. The kitchen has been outfitted with a gas Wolf range, double ovens, oversized island, subzero fridge, coffered ceiling and electric blinds. The primary bedroom upgrades include walk in closets with built in shelving. The

    Simons Cuthbert SC Views LLC

    Section Image
  • 3009 Palm Blvd, Isle of Palms, SC 29451

    $2,795,000

    • 4 Beds
    • 3.5 Baths
    • 3,046 Sq Ft
    • 3009 Palm Blvd
    • Isle of Palms, SC

    3009 Palm Boulevard is a remarkable 2nd row property that serves as an ideal permanent residence, second home, or real estate rental investment. One of only a few nearly circular homes on the island, the reverse floor plan gives a sense of being in a treehouse among great oaks and palms with views of the ocean. The well-designed interior layout of the house allows natural light to flood through.

    Brad Haynes East Islands Real Estate

    Section Image
  • 3204 Waterway Blvd, Isle of Palms, SC 29451

    $3,895,000

    • 5 Beds
    • 4 Baths
    • 3,791 Sq Ft
    • 3204 Waterway Blvd
    • Isle of Palms, SC

    Perched on a sprawling corner lot with stunning views of the Intracoastal Waterway, sunsets, and the Wild Dunes Harbor Golf Course, this warm and welcoming retreat offers the ultimate in coastal living. Built in 2018 and thoughtfully designed this turn key home has all the upgrades and beauty for easy move-in or ready for a vacation short term rental. The open-concept layout features lofty

    Lisa Mitchell Dunes Properties of Chas Inc

    Section Image
  • 219 Forest Trail, Isle of Palms, SC 29451

    $2,690,000

    • 4 Beds
    • 3 Baths
    • 2,428 Sq Ft
    • 219 Forest Trail
    • Isle of Palms, SC

    Welcome to the highly coveted Forest Trail neighborhood on Isle of Palms. Whether you're looking for a second home beach house or a full time family residence, this property defines turn key. This 4 bedroom 3 bath, elevated home is available for the first time since its renovation in 2021. At that time the home received a full remodel of the interior and exterior space, a brand new 5V metal roof,

    Loria Hamilton-Field Unreal Estate LLC

    Section Image
  • 248 Forest Trail, Isle of Palms, SC 29451

    $2,695,000

    • 5 Beds
    • 4 Baths
    • 2,839 Sq Ft
    • 248 Forest Trail
    • Isle of Palms, SC

    Welcome to 248 Forest Trail, your quintessential Island cottage. Having just undergone a massive ''to the studs'' transformation the home benefits from every surface being remodeled while still keeping the charm of the single story island life style. The home boast 2800 square feet of living space with 5 bedrooms and 4 baths making it the perfect retreat for large families or for big rental

    Alexander Brener Carolina One Real Estate

    Section Image
  • 3405 Cameron Blvd, Isle of Palms, SC 29451

    $2,500,000

    • 4 Beds
    • 3 Baths
    • 2,400 Sq Ft
    • 3405 Cameron Blvd
    • Isle of Palms, SC

    Welcome to 3405 Cameron Boulevard! Experience coastal living at its finest in this quintessential beach bungalow, ideally located in the heart of Isle of Palms. Just a short stroll from the beach, this home offers convenient access to local restaurants, the Isle of Palms Marina, and nearby shopping--all easily reachable on foot or by golf cart or bike.Upon entering the beach house, you're

    Carey Nikonchuk The Brennaman Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowan Terrence J $260,100
Open Mcgowan Terrence $1,640,827
Closed Mcgowan Terrence $650,000
Closed Mcgowan Terrence James $210,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 15007502

CHS Regional MLS

APN: 571-05-00-161