NOT LISTED FOR SALE

Estimated Value: $2,310,000 - $3,580,000

5 Beds
8 Baths
6,075 Sq Ft
$502/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $3,000,000 $494 Per Sq Ft

Current estimated payment $18,825/month

178 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Spa
  • Hilton Head Island High School Rated A-
  • Golf Course Community
  • Gated Community

About This Home

As of June 2023

Time to fall in love with this wonderful Long Cove Estate designed by Architect Joe Hall which sets on 2 full-size homesites (approx .85ac) w/ golf, marsh & Broad Creek views to the North, pool & long lagoon views to the South. This warm and inviting home is a masterfully built 5BR, 6FBA, 2HBA Long Cove retreat. This home features well-articulated spaces, 2 guest wings, primary suite w/ office & den, reclaimed heart pine flooring, extensive trim work and moldings, expansive eat-in kitchen, large center island, large great room & scenic outdoor living area overlooking the private pool, spa & lagoon and a 4 car garage. A rare opportunity!

Last Agent to Sell the Property

Andy Reed

Charter One Realty License #24022 Listed on: 12/07/2022

Last Buyer's Agent

MLS NON

NOT IN MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,748

Year Built

  • Built in 1999

Lot Details

  • 0.41 Acre Lot
  • Property fronts a marsh
  • Irrigation

HOA Fees

  • $1,278 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof
  • Stucco
  • Cedar

Interior Spaces

  • 6,075 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Den
  • Screened Porch
  • Utility Room
  • Crawl Space
  • Security Gate

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R550-011-00b-0062-0000

Community Details

Amenities

  • Community Garden
  • Clubhouse

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,748

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,278 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1999
  • Property Sub-Type: Single Family Residence
  • CommunityFeatures: Tennis Court(s), Garden, Marina, Golf, Pool, Playground, Clubhouse, Security Gate
  • Lot Size Acres: 0.41
  • Ownership: No
  • MLS Status: Closed
  • Architectural Style: Two Story
  • Interior Features: Ceiling Fan(s), Central Vacuum
  • Roof: Tile
  • Structure Type: 11-25 Years
  • Keywords ADU YN: No
  • Keywords Family Room: No
  • Keywords Formal Dining Room: No
  • Keywords Fireplace: No
  • Keywords GarageCarport: 3+ Bay Attached
  • Keywords Waterfront: Marsh/Water/View
  • Keywords Dock: Community Dock
  • General Property Description Bank Owned: No
  • General Property Description Short Sale: No
  • General Property Description:Basement: No
  • Style:Two Story: Yes
  • Exterior Extras Rain Gutters: Yes
  • Dining KitDinCombo: Yes
  • Floors Some Carpet: Yes
  • Floors:Tile2: Yes
  • Floors Wood Floor: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric3: Yes
  • AppliancesEquipment Dishwasher: Yes
  • AppliancesEquipment Microwave: Yes
  • WaterSewer:Public Water: Yes
  • Financial HOA Fee Amount: 15333.0
  • Financial HOA Fee Frequency: Annually
  • Community Gated Community: Yes
  • Community Waterfront Community2: Yes
  • Exterior Extras Irrigation System: Yes
  • Exterior Extras Screened Porch: Yes
  • Other Rooms:_one_st Floor Bedroom: Yes
  • Other Rooms:_one_st Floor Full Bath: Yes
  • Other Rooms Master Bedroom 1st Flr: Yes
  • AppliancesEquipment Ceiling Fan: Yes
  • AppliancesEquipment GasOvenRange: Yes
  • AppliancesEquipment Ice Maker: Yes
  • Water Heater:Tankless: Yes
  • Community Amenities Security Gate: Yes
  • Community Golf Community: Yes
  • AppliancesEquipment Disposal: Yes
  • AppliancesEquipment Dryer: Yes
  • AppliancesEquipment Washer: Yes
  • Water Sewer Public Sewer: Yes
  • Community Amenities Garden: Yes
  • Community Amenities Golf: Yes
  • Dining Great Room: Yes
  • AppliancesEquipment Built In Ovens: Yes
  • Water Heater Gas3: Yes
  • Community Amenities Marina: Yes
  • Exterior Extras Propane Tank - Leased: Yes
  • Exterior Extras Outdoor Grill: Yes
  • Exterior Extras Hot Tub: Yes
  • AppliancesEquipment Central Vacuum: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood Floor, Some Carpet
  • Basement YN: No
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Other Rooms:Foyer: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:StudyDen: Yes
  • BasementFoundation:Crawl: Yes

Exterior Features

  • Waterfront Features: Marsh/Water/View
  • Waterfront: Yes
  • Construction Type: Stucco, Cedar
  • Exterior Features: Rain Gutters, Outdoor Grill, Hot Tub, Irrigation System, Propane Tank - Leased, Screened Porch
  • Foundation Details: Crawl
  • Construction:Stucco: Yes
  • Construction:Cedar: Yes

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Community Amenities:Clubhouse: Yes
  • Community Amenities:Pool2: Yes
  • Community Amenities:Tennis Court(s)2: Yes
  • Community Amenities:Playground: Yes

Lot Info

  • Zoning: PUD
  • Lot Size Sq Ft: 17744.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R550-011-00b-0062-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8748.0
  • Tax Map Number: 00806952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jun 21, 2023
Sold by
Carol A Draeger Trust
Bought by
Soares Thomas M and Soares Nancy
Seller's Agent
Andy Reed
Charter One Realty
Buyer's Agent
MLS NON
NOT IN MLS
List Price
$3,695,000
Sold Price
$3,000,000
Premium/Discount to List
-$695,000
-18.81%
Views
1508
Current Estimated Value
$2,985,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,996
Avg. Annual Appreciation
0.81%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Draeger Dennis M and Draeger Carol A
Bought by
Draeger Carol A

Purchase Details

Closed on
Aug 12, 2008
Sold by
Draeger Carol A
Bought by
Draeger Dennis M and Draeger Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2006
Sold by
Draeger Carol A
Bought by
Draeger Carol A
Source: Public Records

Range of Values:

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Average Value
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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
Soares Thomas M $3,000,000 None Listed On Document
Draeger Carol A -- --
Draeger Dennis M -- --
Draeger Carol A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Draeger Carol A $766,000
Previous Owner Draeger Dennis M $935,000
Previous Owner Draeger Carol A $1,016,500
Previous Owner Draeger Carol A $1,005,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $3,000,000 +0.2% $494 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $2,995,000 -9.1% $493 / Sq Ft
02/09/2023 02/09/23 Price Changed $3,295,000 -10.8% $542 / Sq Ft
12/07/2022 12/07/22 For Sale $3,695,000 -- $608 / Sq Ft
Source: Lowcountry 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 $14,433 $120,000 $34,800 $85,200
2023 $14,433 $98,648 $34,800 $63,848
2022 $8,443 $67,284 $26,400 $40,884
2021 $16,874 $67,284 $26,400 $40,884
2020 $8,709 $67,284 $26,400 $40,884
2019 $8,372 $67,284 $26,400 $40,884
2018 $8,189 $67,280 $0 $0
2017 $7,457 $60,690 $0 $0
2016 $6,931 $60,690 $0 $0
2014 $6,446 $60,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 178640

Lowcountry Regional MLS

APN: R550-011-00B-0062-0000