NOT LISTED FOR SALE

42 Morgans Cove Dr Isle of Palms, SC 29451

Estimated Value: $1,873,000 - $2,151,000

3 Beds
3.5 Baths
2,396 Sq Ft
$842/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $946,392 $395 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $11,597/month

9 Days on Market

Highlights

  • Marina
  • On Golf Course
  • Gated Community
  • Sullivans Island Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Lagoon View

About This Home

As of September 2019

Spectacular remodel and a must see with the high end selections that have been added to this home including a brand new metal roof, Stainless steel accent cable, new paint, new exterior doors and so much more! This home is absolutely move-in ready and has been professionally designed with stunning decor, all of which conveys with the home. A perfect investment for your family to have an island getaway and ready-to-go income producing rental all in one! This home has been well cared for and maintained by private family usage for over 15 years. A 30' boat slip is included offering easy access to the Intracoastal and ocean. A rare opportunity awaits with this open floor plan including a generous size kitchen with island, white cabinets, granite, a gas cook top, and stainless appliances.Hardwood flooring and heavy moulding detail are found throughout the main level. A generous sized master suite has a large private bathroom with soaking tub and separate shower, and dual vanities, a walk-in closet and extra sleeping quarters. Two secondary bedrooms are great for kids and each have their own private full bathrooms. Outside you will find a cozy screened porch overlooking the 13th tee box and spectacular views of a pond and historic live oaks drenched with Spanish moss. An additional outdoor seating area is located on the main level. The garage is extremely spacious and offers room for ample storage and parking. Wild Dunes offers a luxurious setting with unlimited amenities and well manicured grounds. Simply put, the perfect island getaway!

Last Agent to Sell the Property

Wendy Delaney

Front Door Realty License #44530 Listed on: 07/22/2019

Last Buyer's Agent

Amy Rogers

IOP Residential Real Estate License #94339

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • On Golf Course
  • Cul-De-Sac
  • Interior Lot
  • Level Lot
  • Irrigation

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Metal Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 2,396 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Stubbed Gas Line For Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Formal Dining Room
  • Lagoon Views
  • Home Security System

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shared Dock
  • Pond
  • Deck
  • Screened Patio
  • Stoop

Schools

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

Utilities

  • Cooling Available
  • No Heating

Community Details

Overview

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

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

$2,947

Year Built

Built in 1999

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1999
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.1
  • Ownership: Fee Simple
  • Subdivision Name: Wild Dunes
  • Directions: Main Gate Follow Round About To The Left. Continue To Stop Sign , Turn Left At Stop Sign Home Is On Your Left
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Connection, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Tray Ceiling(s), High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Family, Living/Dining Combo, Separate Dining
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Sitting Room, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • Lot Features: Cul-De-Sac, Interior Lot, Level, On Golf Course
  • Waterfront Features: Lagoon, Pond
  • Construction Type: Cement Plank, Wood Siding
  • Exterior Features: Dock - Shared, Lawn Irrigation, Stoop
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Screened
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Gated, Golf Course, Golf Membership Available, Lawn Maint Incl, Marina, Park, Pool, Security, Tennis Court(s), Trash, Walk/Jog Trails
  • Association Fee: 825
  • 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: 4356
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710800210

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 25, 2019
Sold by
Brown Richad Douglas and Brown Pennay Mayer
Bought by
Raines Phillip Emory and Raines Kimberly Rogers
Seller's Agent
Wendy Delaney
Front Door Realty
Buyer's Agent
Amy Rogers
IOP Residential Real Estate
List Price
$946,392
Sold Price
$946,392
Total Days on Market
9
Current Estimated Value
$2,017,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,071,171
Avg. Annual Appreciation
13.53%
Original Mortgage
$826,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Brown Richard Wyatt and Brown Debra Hartsell
Bought by
Brown Richard Douglas and Brown Pennay Mayer

Purchase Details

Closed on
May 17, 2005
Sold by
Brown Richard W
Bought by
Brown Richard W and Brown Debra Hartsell
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 Buyer Sale Price Title Company
Raines Phillip Emory $918,000 None Available
Brown Richard Douglas $7,250,002 None Available
Brown Richard W -- Spartan Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raines Phillip Emory $717,900
Closed Raines Phillip Emory $826,200
Previous Owner Brown Debra Hartsell $150,000
Previous Owner Brown Richard W $403,500
Previous Owner Brown Richard W $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $946,392 0.0% $395 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $946,392 -- $395 / 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 $2,947 $37,120 $0 $0
2022 $2,923 $37,120 $0 $0
2021 $3,137 $37,120 $0 $0
2020 $3,224 $36,720 $0 $0
2019 $9,779 $29,000 $0 $0
2017 $2,262 $27,480 $0 $0
2016 $2,122 $27,480 $0 $0
2015 $2,269 $27,480 $0 $0
2014 $2,408 $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: 19021387

CHS Regional MLS

APN: 571-08-00-210