NOT LISTED FOR SALE

3 Morgans Cove Dr Isle of Palms, SC 29451

Estimated Value: $1,407,000 - $1,745,000

3 Beds
2 Baths
1,359 Sq Ft
$1,167/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $1,650,000 $1,214 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $9,353/month

37 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Fitness Center
  • Sullivans Island Elementary School Rated A
  • On Golf Course
  • Gated Community

About This Home

As of June 2024

NEWLY RENOVATED HOME WITH DEEDED BOAT SLIP Awake to the sky as the sun rises over the sprawling fairway of the 4th hole of Wild Dunes Resort Harbor Course. Tucked away in a tranquil corner of Wild Dunes community, this charming cottage offers a front-row seat to nature's daily spectacle, with panoramic views that inspire a sense of serenity and awe. Whether you are seeking relaxation or adventure, this resort home provides the ultimate get away or full time home. The fully-equipped kitchen invites culinary exploration, with modern appliances and ample counter space for preparing delicious meals inspired by the flavors of the coast. Beach access is a 2 minute golf cart ride, bike ride or short walk to several quiet beach paths. The neighborhood private pool is steps from the front door.Enjoy the miles of pristine shoreline, offering opportunities for sunbathing, swimming, and beach strolling. This home offers more than any other on the market. Pure serenity!!

Last Agent to Sell the Property

Lisa Mitchell

Dunes Properties of Chas Inc License #81941 Listed on: 03/30/2024

Co-Listed By

Mark Mitchell

Dunes Properties of Chas Inc License #61681

Last Buyer's Agent

Susan Whitfield

Daniel Ravenel Sotheby's International Realty License #78368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,006

Year Built

  • Built in 1992

Lot Details

  • 0.33 Acre Lot
  • On Golf Course

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,359 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Front Yard Maintenance
  • Club Membership Available
  • Wild Dunes Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park
  • Dog Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,006

Year Built

Built in 1992

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1992
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.33
  • Co List Office Mls Id: 9376
  • Co List Office Phone: 843-881-5600
  • Subdivision Name: Wild Dunes
  • Directions: Left Off Of Iop Connector Onto Palm Blvd. Go 3 Miles To Back Security Gate Of Wdr. Turn Left Into The Security Gate. Left On Palmetto Blvd To Round About. Follow Signs To Morgan Cove Taking Your First Right Off Of The Round About. Drive Way On Your Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Luxury Vinyl, Marble
  • Interior Amenities: Ceiling - Smooth, Tray Ceiling(s), High Ceilings, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Living/Dining Combo
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre, On Golf Course
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: No
  • Patio And Porch Features: Deck, Front Porch, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Dock Facilities, Dog Park, Fitness Center, Gated, Golf Course, Golf Membership Available, Laundry, Lawn Maint Incl, Marina, Park, Pool, Tennis Court(s), Walk/Jog Trails
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association: Yes

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: 5710800070
  • Tax Annual Amount: 10006

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2024
Closed on
May 23, 2024
Sold by
Murphy Maureen and Murphy-Lillie Regina
Bought by
Ochs Howard and Ochs Betty W
Seller's Agent
Lisa Mitchell
Dunes Properties of Chas Inc
Buyer's Agent
Susan Whitfield
Daniel Ravenel Sotheby's International Realty
List Price
$1,725,000
Sold Price
$1,650,000
Premium/Discount to List
-$75,000
-4.35%
Views
56
Current Estimated Value
$1,586,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,965
Avg. Annual Appreciation
-2.95%
Original Mortgage
$1,155,000
Outstanding Balance
$1,139,231
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$446,804

Purchase Details

Listed on
Oct 14, 2020
Closed on
Mar 24, 2021
Sold by
Good Homes Llc
Bought by
Murphy Maureen and Murphy Lillie Regina
Seller's Agent
Chip Warley
Premier Properties Charleston
Buyer's Agent
Lisa Mitchell
Dunes Properties of Chas Inc
List Price
$740,000
Sold Price
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.18%
Original Mortgage
$548,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2002
Sold by
Derbyshire Linda L and Derbyshire John W
Bought by
Good Homes Llc

Purchase Details

Closed on
Mar 12, 2002
Sold by
Good Homes Llc
Bought by
Derbyshire Linda L and Derbyshire John W

Purchase Details

Closed on
Sep 18, 2000
Sold by
Derbyshire John W Derbyshire Linda L
Bought by
Good Homes Llc
Source: Public Records

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
Ochs Howard $1,650,000 None Listed On Document
Murphy Maureen $740,000 None Available
Good Homes Llc -- --
Derbyshire Linda L $159,200 --
Good Homes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochs Howard $1,155,000
Previous Owner Murphy Maureen $43,750
Previous Owner Murphy Maureen $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2024 06/18/24 Sold $1,650,000 -1.5% $1,214 / Sq Ft
05/06/2024 05/06/24 Price Changed $1,675,000 -2.9% $1,233 / Sq Ft
03/31/2024 03/31/24 For Sale $1,725,000 +133.1% $1,269 / Sq Ft
03/26/2021 03/26/21 Sold $740,000 0.0% $545 / Sq Ft View Prior Sale
02/24/2021 02/24/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $740,000 -- $545 / 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 $10,335 $44,400 $0 $0
2023 $10,335 $44,400 $0 $0
2022 $9,720 $44,400 $0 $0
2021 $6,468 $29,620 $0 $0
2020 $6,381 $29,620 $0 $0
2019 $5,861 $25,760 $0 $0
2017 $5,592 $25,760 $0 $0
2016 $5,371 $25,760 $0 $0
2015 $5,112 $25,760 $0 $0
2014 $5,607 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 24007983

CHS Regional MLS

APN: 571-08-00-070