$850,000
SOLD JUN 3, 2015
4 Beds
3 Baths
2,533 Sq Ft
0.49 Acres

Recently Sold

$336 Per Sq Ft

201 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • In Ground Pool
  • Sullivans Island Elementary School Rated A
  • Fitness Center
  • Finished Room Over Garage

About This Home

As of April 2018

Welcome to 5 Duck Lane...A beautiful island home, located in a quiet area on the Isle of Palms and sitting perfectly on what may be one of the best interior lots on the Island. This home is truly one of a kind! Upon entering the home, you will find a comfortable open floor plan, perfect for entertaining guests. The kitchen with new cabinets, marble counters, stainless appliances, and flows nicely into the great room, making meal times and gatherings comfortable and relaxing. Off the kitchen there is a dining room or music room as it is used now. French doors lead to the living room, making it perfect for reading or working with windows overlooking the beautiful back yard. Down the hall you will find the master bedroom with dual closets and master bath, which offers a two-person tile shower and french doors out to the deck and hot tub. 2 additional bedrooms and another full bath are located on this side of the home as well. All the rooms come with hardwood floors and bathrooms are tiled floors. Off the kitchen, to the other side is a hallway, leading to the guest suite with boasts a beautiful ''state of the art'' bath. Further down the hall is the laundry with stairs leading to the FROG, perfect for a playroom or office. A screen porch is located off of the great room, overlooking the yard, for a wonderful for a place to unwind. An in-ground pool and child's play fort, situated ''picture perfect'' in the back, makes it truly a place like no other and a home to please everyone. Lender paid closings costs of 0.50% of the loan amount, redeemable only at the time of closing when financing is completed by the seller's preferred lender. Closing costs credit must be mentioned at application and may only be applied to offset actual costs. *for a Jumbo loan amount (over $417,000) the credit is 0.375%

Last Agent to Sell the Property

Neil Schneider

Brand Name Real Estate License #49641 Listed on: 09/25/2014

Brand Name Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,942

Year Built

  • Built in 1974

Lot Details

  • 0.49 Acre Lot
  • Partially Fenced Property
  • Interior Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Finished Room Over Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 2,533 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Great Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Utility Room with Study Area
  • Laundry Room
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio

Schools

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

Utilities

  • Cooling Available
  • No Heating

Community Details

Recreation

  • Boat Ramp
  • Marina
  • Golf Course Membership Available
  • Fitness Center
  • Community Spa

Additional Features

  • Isle Of Palms Subdivision
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,942

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Year Built: 1974
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.49
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Take Iop Connector To Isle Of Palms. Make A Left On Palm Blvd. Take A Left On 21st. Right On Waterway Blvd. Duck Lane Is 2 Streets Before The Marina And Make A Left. Home Is On The Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Community
  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Walk-In Closet(s), Ceiling Fan(s), Formal Living, Entrance Foyer, Frog Attached, Great, Separate Dining, Study
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Fiberglass
  • Fencing: Partial
  • Lot Features: Interior Lot, Level
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Brick Veneer, Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Patio, Screened
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Fitness Center, Golf Membership Available, Marina

Schools

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

Lot Info

  • Lot Size Sq Ft: 21344.399999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710700047

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Limbach Burke Michael and Limbach Katrina Naz
Bought by
Madaris Richard N and Madaris Jennifer L
Current Estimated Value
$2,296,450

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 16, 2018
Sold by
Madaris Richard N and Madaris Jennifer L
Bought by
Limbach Burke Michael and Limbach Katrina Naz
Buyer's Agent
Katrina Limbach
The Boulevard Company
List Price
$1,027,000
Sold Price
$1,027,000

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%
Original Mortgage
$796,900
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jun 2, 2015
Sold by
Schneider Neil and Schneider Linda
Bought by
Madaris Richard N and Madaris Jennifer L
Seller's Agent
Neil Schneider
Brand Name Real Estate
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$637,500
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Schneider Neil and Schneider Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,825
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2009
Sold by
Smith Sandra K
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 28, 2008
Sold by
Smith Paul M
Bought by
Smith Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,322
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 1999
Sold by
Cynthia Wahl Gary A Wahl
Bought by
Smith Sandra K and Smith Paul M
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 Type Sale Price Title Company
Deed $1,267,500 None Available
Deed $996,190 None Available
Deed $850,000 --
Special Warranty Deed $465,000 --
Foreclosure Deed $2,500 --
Quit Claim Deed -- None Available
Deed $297,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $796,900 New Conventional
Previous Owner $637,500 New Conventional
Previous Owner $360,825 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2018 04/17/18 Sold $1,027,000 0.0% $405 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $1,027,000 +20.8% $405 / Sq Ft
06/03/2015 06/03/15 Sold $850,000 0.0% $336 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
09/24/2014 09/24/14 For Sale $850,000 -- $336 / 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 $3,942 $50,680 $0 $0
2023 $3,942 $50,680 $0 $0
2022 $3,929 $50,680 $0 $0
2021 $4,220 $50,680 $0 $0
2020 $3,484 $39,840 $0 $0
2019 $3,557 $39,840 $0 $0
2017 $2,969 $34,000 $0 $0
2016 $10,490 $51,000 $0 $0
2015 $1,869 $20,700 $0 $0
2014 $1,535 $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: 1425622

CHS Regional MLS

APN: 571-07-00-047