NOT LISTED FOR SALE

48 Waterway Island Dr Isle of Palms, SC 29451

Estimated Value: $3,167,000 - $4,671,000

5 Beds
4.5 Baths
4,629 Sq Ft
$833/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $1,800,000 $389 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $22,957/month

262 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Waterfront
  • Sullivans Island Elementary School Rated A
  • Fitness Center
  • Clubhouse

About This Home

As of January 2018

This beautiful home on the marina in Wild Dunes has a wonderful open floor plan with doors opening onto great outdoor space overlooking the water. Enjoy sunset views from the 40' deep water dock just minutes from historic center of Charleston.Numerous amenities of the Lowcountry await you including golf, tennis and great fishing with a short boat ride to beautiful Bull and Capers Islands, two protected uninhabited pristine barrier islands. The home has a very welcoming feeling as you walk in the front door and are greeted with high ceilings and water views. The main living area is complete with a fireplace and doors opening to the spacious deck.$7,000 credit available toward buyer's closing costs and pre-paids with acceptable offer and use of preferred lender.The kitchen has granite counter tops, wine cooler, and a cabinet fronted refrigerator.
The large master bedroom is conveniently located on the main living floor, has a fireplace and direct access to the porch for morning coffee.
The master bath has double vanities, shower, whirlpool tub, enclosed cabinetry and opens to a walk-in closet. There is a second bedroom with full bath. The utility/laundry room with elevator access complete the first floor. Upstairs there are Jack and Jill bedrooms with a shared bath plus a large additional bedroom with private bath. At ground level, you will find an enormous 5 car+ garage with sufficient space for a workshop and sports equipment storage.

Last Agent to Sell the Property

Everett Presson

Carolina One Real Estate License #23437 Listed on: 03/21/2017

Carolina One Real Estate

Co-Listed By

Noah Moore

Carolina One Real Estate License #90011

Last Buyer's Agent

Gary Langhoff

The Boulevard Company License #82642

The Boulevard Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,863

Year Built

  • Built in 1993

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Well Sprinkler System

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,629 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • Waterway Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,863

Year Built

Built in 1993

Lot Details

0

HOA Fees

$65 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1993
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.43
  • Co List Office Mls Id: 1189
  • Co List Office Phone: 843-886-8110
  • Subdivision Name: Waterway Island
  • Directions: From Wild Dunes Main Gate Take A Left On Morgan Place Drive Then A Right On Morgan Creek Drive. Follow Morgan Creek Drive Through To Waterway Island Drive. Proceed On Waterway Island Drive House Will Be On The Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Bedroom, Gas Log, Living Room, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Tray Ceiling(s), High Ceilings, Elevator, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Formal Living, Entrance Foyer, Separate Dining, Utility
  • Master Bedroom Features: Ceiling Fan(s), Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural, Asphalt
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Waterfront - Deep, Seawall
  • Waterfront: Yes
  • Exterior Features: Dock - Existing, Lawn Irrigation, Lawn Well
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: No
  • Parking Features: 5 Car Garage, Garage Door Opener
  • Total Parking Spaces: 5

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Fitness Center, Marina
  • Association Fee: 785
  • 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: 18730.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6040100049
  • Tax Annual Amount: 5863.4

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jan 30, 2018
Sold by
Knight Sharon K
Bought by
Shain Kristi
Seller's Agent
Everett Presson
Carolina One Real Estate
Buyer's Agent
Gary Langhoff
The Boulevard Company
List Price
$2,500,000
Sold Price
$1,800,000
Premium/Discount to List
-$700,000
-28%
Current Estimated Value
$3,856,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,056,943
Avg. Annual Appreciation
11.27%
Original Mortgage
$1,300,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2005
Sold by
Knight Stanley P
Bought by
Knight Sharon K

Purchase Details

Closed on
Nov 21, 2003
Sold by
Rambo Sandra R
Bought by
Knight Stanley P and Knight Sharon K
Source: Public Records

Range of Values:

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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
Shain Kristi $1,800,000 None Available
Knight Sharon K -- --
Knight Stanley P $1,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shain Kristi $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $1,800,000 -28.0% $389 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $2,500,000 -- $540 / 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 $30,287 $132,000 $0 $0
2023 $30,287 $132,000 $0 $0
2022 $25,979 $120,000 $0 $0
2021 $25,683 $120,000 $0 $0
2020 $25,331 $120,000 $0 $0
2019 $26,675 $120,000 $0 $0
2017 $6,269 $75,760 $0 $0
2016 $5,863 $75,760 $0 $0
2015 $6,312 $75,760 $0 $0
2014 $6,084 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Everett Presson

    Seller's Agent in 2018

    Everett Presson

    Carolina One Real Estate

    (843) 886-8110

    7 in this area

    67 Total Sales

    Everett Presson
    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Noah Moore

    Carolina One Real Estate

    (843) 412-0263

    7 in this area

    117 Total Sales

    Noah Moore
    Section Image
  • Gary Langhoff

    Buyer's Agent in 2018

    Gary Langhoff

    The Boulevard Company

    (843) 810-3400

    8 in this area

    81 Total Sales

    Gary Langhoff
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 17007904

CHS Regional MLS

APN: 604-01-00-049

South Carolina Charleston County Isle Of Palms 29451

48 Waterway Island Dr, Isle Of Palms, SC

This home is located at 48 Waterway Island Dr, Isle of Palms, SC 29451 since 21 March 2017 and is currently estimated at $3,856,943, approximately $833 per square foot. This property was built in 1993. 48 Waterway Island Dr is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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