5 Morgans Cove Ct Isle of Palms, SC 29451
Estimated Value: $2,012,000 - $2,295,000
4
Beds
3
Baths
2,676
Sq Ft
$798/Sq Ft
Est. Value
Highlights
- Marina
- Boat Ramp
- Gated Community
- Sullivans Island Elementary School Rated A
- Golf Course Community
- Clubhouse
About This Home
As of October 2021Double front porches welcome you into this gorgeous, custom-built home which includes a 30-foot deeded boat slip! Beautiful foyer seamlessly opens to the large family room and formal dining room, separated by a dramatic double sided gas fireplace. 10-foot ceilings on the 1st floor give this home a grand feel! Flawless oak hardwood floors run throughout the main living areas, stairs leading to the 2nd floor and hallway. The family room has 2 walls of windows providing abundant natural light. Spacious dining room will accommodate large family gatherings with ease. Step inside this striking kitchen featuring a stainless-steel hood that extends from the ceiling. This center island is ideal for casual dining. Beautiful inset wood cabinetry includes 2 large extension pull-out pantry doors ateach end of the kitchen. The cabinet style subzero refrigerator was placed in 2019. Adjacent to the kitchen is a second family/gathering room with built-in bookshelves. This area is surrounded by windows supplying lots of natural light and views of the wooded buffer across the street. A guest bedroom and full bathroom are found on the main living area. The large 17x12 screen porch is just off the kitchen. This newly screened, private porch is a nice space to entertain and relax!
On the 2nd floor you will find the oversized, light-filled master suite with vaulted ceiling. This master bedroom has 2 large walk-in closets and access to the 2nd story covered wrap around porch. The porch serves as a peaceful and relaxing extension of the master bedroom retreat. Enjoy the coastal breeze and fresh air! The master bathroom offers a dual vanity, jetted soaking tub, and 5-foot tiled stand-alone shower. Across the hallway you will find 2 guest bedrooms. Both bedrooms are spacious and share a Jack and Jill style bathroom with 2 sinks and tile floor. This well-maintained home has never been a rental, only used for friends and family. The roof was replaced in 2021 and exterior painted in 2020. The garage area is enormous, you will find plenty of room for bike storage, beach chairs, and a golf cart.
Walking out the backdoor, the community pool is just steps away and is only used by Morgan Cove homeowners and guests, making it private and peaceful. Walk out the front door, across the street and find your private 30-foot boat slip (H-1). Wild Dunes is a luxury resort offering a 24-hour gated entrance. Enjoy the walking and biking trails, on-site restaurants, tennis club, golf courses and easy beach access. 17 miles to downtown Charleston, 25 miles to Charleston's International Airport, and 1 block to the water!
Last Agent to Sell the Property
Carolina One Real Estate License #57961 Listed on: 09/28/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,332
Year Built
- Built in 1999
Lot Details
- 4,792 Sq Ft Lot
- Irrigation
HOA Fees
- $69 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Raised Foundation
- Architectural Shingle Roof
- Cement Siding
Interior Spaces
- 2,676 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
- Exterior Basement Entry
Kitchen
- Eat-In Kitchen
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Dual Closets
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Screened Patio
- Front Porch
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Cooling Available
- Heating Available
Community Details
Overview
- Front Yard Maintenance
- Wild Dunes Subdivision
Amenities
- Clubhouse
Recreation
- Boat Ramp
- Boat Dock
- Pier or Dock
- Marina
- Golf Course Community
- Golf Course Membership Available
- Tennis Courts
- Community Pool
- Trails
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 7, 2022
Sold by
Parker Kimberly G
Bought by
Kimberly G Parker Trust
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$1,057,788
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,061,096
Purchase Details
Listed on
Sep 28, 2021
Closed on
Oct 20, 2021
Sold by
Skehan Thomas F
Bought by
Parker Kimberly G
Seller's Agent
Cathy Sembower
Carolina One Real Estate
Buyer's Agent
Terri Lee London
Century 21 Expert Advisors
List Price
$1,345,000
Sold Price
$1,400,000
Premium/Discount to List
$55,000
4.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Purchase Details
Closed on
Mar 31, 2000
Sold by
Richter Robin A Qualified Intermediary
Bought by
Skehan Thomas F
Similar Homes in Isle of Palms, SC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kimberly G Parker Trust | -- | New Title Company Name | |
| Parker Kimberly G | $1,400,000 | None Listed On Document | |
| Skehan Thomas F | $650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kimberly G Parker Trust | $1,120,000 | |
| Previous Owner | Skehan Thomas F | $357,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2021 10/22/21 | Sold | $1,400,000 | +4.1% | $523 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | For Sale | $1,345,000 | -- | $503 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $4,332 | $56,000 | $0 | $0 |
| 2022 | $18,237 | $84,000 | $0 | $0 |
| 2021 | $10,661 | $49,340 | $0 | $0 |
| 2020 | $10,516 | $49,340 | $0 | $0 |
| 2019 | $9,646 | $42,900 | $0 | $0 |
| 2017 | $9,215 | $42,900 | $0 | $0 |
| 2016 | $8,847 | $42,900 | $0 | $0 |
| 2015 | $8,698 | $44,320 | $0 | $0 |
| 2014 | $9,448 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cathy Sembower
C
Seller's Agent in 2021
Cathy Sembower
Carolina One Real Estate
(843) 884-1800
1 in this area
139 Total Sales
-
Terri Lee London
T
Buyer's Agent in 2021
Terri Lee London
Century 21 Expert Advisors
(843) 412-2995
1 in this area
112 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 21026376
APN: 571-08-00-073
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