$2,375,000
SOLD MAY 10, 2024

3 Summer Dunes Ln Isle of Palms, SC 29451

6 Beds
6 Baths
2,870 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$828 Per Sq Ft

3% Above List Price

341 Days on Market

Highlights

  • Marina
  • Beach Access
  • Gated Community
  • Sullivans Island Elementary School Rated A
  • Golf Course Community
  • Clubhouse

About This Home

As of May 2024

This elevated Isle of Palms beach home showcases ocean views and is just a short walk to the beach and Wild Dunes Resort amenities. The six-bedroom home is situated on a cul-de-sac and comes fully furnished, making it a wonderful primary residence or investment opportunity. 3 Summer Dunes Lane has recently been placed on the rental market and is projected to bring in more than $200k annually. On the first floor, you will find a spacious living area with hardwood flooring, a fireplace and direct access to the main deck. The kitchen features bar seating and a separate dining area which flows onto another deck for al fresco meals. Two bedrooms each with their own separate baths are also located on this level. On the second floor, the expansive primary suite offers a private deck with incredible ocean views. Three additional guest suites and a laundry room complete this level. A shaft elevator connects all three floors to conveniently carry groceries into the home. The garage can accommodate two to three cars and provides plenty of storage for your beach gear or golf cart. Additional upgrades include a new roof in 2022, new windows in 2020, and a new water heater and dishwasher. Enjoy the luxuries of the Wild Dunes lifestyle including the best of golf, tennis, restaurants and more. Whether you are looking for your primary residence, a vacation home, or an investment property, this turn-key coastal home offers the perfect opportunity for the new owners to experience a Charleston summer at the beach.

Last Agent to Sell the Property

Kalyn Harmon Smythe

William Means Real Estate, LLC License #86245 Listed on: 05/09/2023

Last Buyer's Agent

Kalyn Harmon Smythe

William Means Real Estate, LLC License #86245 Listed on: 05/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,269

Year Built

  • Built in 2001

Lot Details

  • 3,485 Sq Ft Lot

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,870 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Air
  • No Heating
  • Private Water Source

Community Details

Overview

  • Club Membership Available
  • Wild Dunes Subdivision

Amenities

  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,269

Year Built

Built in 2001

Lot Details

0

HOA Fees

$77 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2001
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.08
  • Ownership: Fee Simple
  • Subdivision Name: Wild Dunes
  • Directions: Enter The Main Gate At Wild Dunes, Then Take A Right Onto Palmetto Drive. Summer Dunes Lane Will Be On The Right, Just Before Port O'call Condos. The Home Will Be On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories, Multi-Story
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: High Ceilings, Walk-In Closet(s), Eat-in Kitchen, Great, Separate Dining
  • Window Features: Window Treatments
  • Master Bedroom Features: Outside Access
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Waterfront Features: Beach Access
  • Construction Type: Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Other Structures: None
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 1 Car Garage, 2 Car Garage, Attached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Dominion Energy
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse, Club Membership Available, Gated, Golf Course, Golf Membership Available, Marina, Park, Pool, Security, Tennis Court(s), Trash, Walk/Jog Trails
  • Association Fee: 924
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041200503
  • Tax Annual Amount: 14269

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
May 10, 2024
Sold by
Grand Needle Llc
Bought by
3 Summer Dunes Llc
Seller's Agent
Kalyn Harmon Smythe
William Means Real Estate, LLC
Buyer's Agent
Kalyn Harmon Smythe
William Means Real Estate, LLC
List Price
$2,299,000
Sold Price
$2,375,000
Premium/Discount to List
$76,000
3.31%
Views
278
Current Estimated Value
$2,493,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,655
Avg. Annual Appreciation
6.38%
Original Mortgage
$1,900,000
Outstanding Balance
$1,140,838
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$1,423,513

Purchase Details

Listed on
Nov 27, 2022
Closed on
Feb 14, 2023
Sold by
Summer Dunes Llc
Bought by
Grand Needle Llc
Seller's Agent
Kristen Kern-whitehead
32 South Properties, LLC
Buyer's Agent
Kalyn Harmon Smythe
William Means Real Estate, LLC
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.25%
Original Mortgage
$1,615,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2018
Sold by
Rogers James V and Carista 2009 Trust
Bought by
Summer Dunes Llc

Purchase Details

Closed on
Sep 11, 2013
Sold by
Falls Robert F and Falls Kathryn A
Bought by
Rogers James and Carista 2009 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 2, 2004
Sold by
Mda Holdings 1 Llc
Bought by
Falls Robert F and Falls Kathryn A

Purchase Details

Closed on
Jul 21, 2003
Sold by
Charleston Medical Investments Llc
Bought by
Mda Holdings 1 Llc and Mda Holdings 2 Llc

Purchase Details

Closed on
Oct 15, 2001
Sold by
Medical Development Associates Llc
Bought by
Charleston Medical Investments Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,375,000 South Carolina Title
Deed $1,900,000 None Listed On Document
Warranty Deed -- None Available
Deed $950,000 --
Deed $1,100,000 --
Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,900,000 New Conventional
Closed $1,900,000 New Conventional
Previous Owner $345,000 Credit Line Revolving
Previous Owner $1,615,000 New Conventional
Previous Owner $650,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $2,375,000 +3.3% $828 / Sq Ft
04/15/2024 04/15/24 For Sale $2,299,000 0.0% $801 / Sq Ft
03/10/2024 03/10/24 Off Market $2,299,000 -- --
10/11/2023 10/11/23 Price Changed $2,299,000 -2.2% $801 / Sq Ft
09/15/2023 09/15/23 Price Changed $2,350,000 +1.1% $819 / Sq Ft
06/14/2023 06/14/23 Price Changed $2,325,000 -1.1% $810 / Sq Ft
05/09/2023 05/09/23 For Sale $2,350,000 +23.7% $819 / Sq Ft
02/24/2023 02/24/23 Sold $1,900,000 -11.6% $662 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
11/27/2022 11/27/22 For Sale $2,150,000 -- $749 / 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 $26,187 $114,000 $0 $0
2023 $26,187 $65,550 $0 $0
2022 $14,269 $65,550 $0 $0
2021 $14,107 $65,550 $0 $0
2020 $13,915 $65,550 $0 $0
2019 $12,760 $57,000 $0 $0
2017 $12,195 $57,000 $0 $0
2016 $11,707 $57,000 $0 $0
2015 $11,147 $57,000 $0 $0
2014 $10,794 $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: 23010288

CHS Regional MLS

APN: 604-12-00-503