NOT LISTED FOR SALE

48 Morgan Place Dr Isle of Palms, SC 29451

Estimated Value: $2,388,000 - $3,340,000

4 Beds
4.5 Baths
3,100 Sq Ft
$907/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $2,750,000 $887 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $16,408/month

1 Day on Market

Highlights

  • Marina
  • Boat Dock
  • River Front
  • Sullivans Island Elementary School Rated A
  • Golf Course Community
  • Gated Community

About This Home

As of March 2024

Immaculate home with 40' foot deep water dock on Morgan Creek. This turn key property has been tastefully updated over the last several years. First floor features spacious kitchen that opens up to living and dining room. A space that could be used as an office or sitting area as well a bedroom are also on the first floor. The large master suite as well as two additional bedrooms and baths are on the second floor, as well the laundry room. There is ample parking and storage under the home. An elevator services all three levels. The porches on the back of the house offer sunset views year around. Neighborhood has its own pool just a few few doors down Easy bike or golf cart ride to beach, golf courses, tennis courts or numerous other amenities Wild Dunes offers.Home has wifi enabled water meter that monitors water usage and can shut it off remotely from phone.

Last Agent to Sell the Property

Charlie Inglefield

The Exchange Company, LLC License #43447 Listed on: 01/08/2024

Last Buyer's Agent

Charlie Inglefield

The Exchange Company, LLC License #43447 Listed on: 01/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,843

Year Built

  • Built in 2001

Lot Details

  • 5,663 Sq Ft Lot
  • River Front
  • Wood Fence
  • Level Lot
  • Irrigation

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Shared Dock
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Community Details

Overview

  • Club Membership Available
  • Wild Dunes Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,843

Year Built

Built in 2001

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2001
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.13
  • Ownership: Fee Simple
  • Subdivision Name: Wild Dunes
  • Directions: Enter Wild Dunes, Veer To The Right. Take The First Left Onto Morgan Place. Go Straight Through To The Second Gate. At The Stop Sign Turn Left And The House Will Be On Your Right On The Water Side Of Morgan Creek
  • 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, Tankless Water Heater
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Bedroom, Gas Log, Great Room, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Great
  • Window Features: Thermal Windows/Doors, Window Treatments, Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural, Asphalt
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: Level
  • Waterfront Features: River Access, River Front, Waterfront - Deep
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Dock - Existing, Dock - Shared, Lawn Irrigation
  • Foundation Details: Raised, Pillar/Post/Pier
  • Other Structures: None
  • Patio And Porch Features: Covered, Front Porch
  • 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, Off Street, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Security: Security System
  • 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: Club Membership Available, Dock Facilities, Gated, Golf Course, Golf Membership Available, Marina, Pool, Tennis Court(s), Walk/Jog Trails
  • Association Fee: 890
  • 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: 5662.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710800150
  • Tax Annual Amount: 16843

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 12, 2024
Sold by
Charleston Trust and Adcox James M
Bought by
48 Morgan Llc
Seller's Agent
Charlie Inglefield
The Exchange Company, LLC
Buyer's Agent
Charlie Inglefield
The Exchange Company, LLC
List Price
$2,850,000
Sold Price
$2,750,000
Premium/Discount to List
-$100,000
-3.51%
Views
10
Current Estimated Value
$2,810,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,864
Avg. Annual Appreciation
4.45%
Original Mortgage
$1,387,500
Outstanding Balance
$1,371,064
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$1,568,315

Purchase Details

Listed on
Feb 3, 2016
Closed on
Apr 8, 2016
Sold by
Loftus Michael and Loftus Maria
Bought by
Adcox James M and The Charleston Trust
Seller's Agent
Ann Evans
Carolina One Real Estate
Buyer's Agent
Charlie Inglefield
The Exchange Company, LLC
List Price
$1,275,000
Sold Price
$1,175,000
Premium/Discount to List
-$100,000
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
May 9, 2005
Sold by
Barber Michael T and Barber Marie F
Bought by
Loftus Michael and Loftus Marla

Purchase Details

Closed on
May 8, 2002
Sold by
Oceanside Builders Llc
Bought by
Barber Michael T and Barber Marie F

Purchase Details

Closed on
Aug 19, 1999
Sold by
Maw David S
Bought by
Holmes Martin L
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
48 Morgan Llc $2,750,000 None Listed On Document
Adcox James M $1,175,000 --
Loftus Michael $1,299,900 --
Barber Michael T -- --
Holmes Martin L $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 48 Morgan Llc $1,387,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $2,750,000 -3.5% $887 / Sq Ft
01/08/2024 01/08/24 For Sale $2,850,000 +142.6% $919 / Sq Ft
04/08/2016 04/08/16 Sold $1,175,000 -7.8% $379 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $1,275,000 -- $411 / 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 $17,878 $77,520 $0 $0
2023 $17,878 $77,520 $0 $0
2022 $16,843 $77,520 $0 $0
2021 $16,652 $77,520 $0 $0
2020 $16,424 $77,520 $0 $0
2019 $15,742 $70,500 $0 $0
2017 $15,048 $70,500 $0 $0
2016 $12,619 $70,500 $0 $0
2015 $3,569 $41,000 $0 $0
2014 $4,032 $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: 24000522

CHS Regional MLS

APN: 571-08-00-150