NOT LISTED FOR SALE

5 Whispering Palms Ln Isle of Palms, SC 29451

Estimated Value: $4,045,000 - $5,866,325

0.41 Acre
$12,358,800 Price per Acre
17,860 Sq Ft Lot

Last Sold February 15, 2016

Last sale price $900,000 $310 Per Sq Ft

Est. 463% increase in value since last sale

Current estimated payment $29,234/month

46 Days on Market

Highlights

  • Waterfront
  • Sullivans Island Elementary School Rated A
  • Home to be built

About This Lot

As of February 2016

One of the last deep water lots located on Isle of Palms. This lot features fantastic views of the Intercoastal Waterway, very old live oaks, shared dock, private pierhead, private floater, and private boatlift. Lot can support a 4,000-5,000 square foot home with a detached garage. Seller is in the process of working with Carl McCants for the design of the house. Carl has designed over 150 Island Homes between Isle of Palms and Sullivan's Island.

Last Agent to Sell the Property

Troy Barber

King and Society Real Estate License #59239 Listed on: 12/17/2015

Last Buyer's Agent

Troy Barber

King and Society Real Estate License #59239 Listed on: 12/17/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,792

Year Built

  • 1964

Lot Details

  • 0.41 Acre Lot
  • Waterfront
  • Building or Site Plan Approved

Home Design

  • Home to be built

Additional Homes

  • Residence on Property

Schools

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

Community Details

  • Isle Of Palms Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$10,792

Year Built

1964

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.41
  • Road Frontage Type: City Street
  • Subdivision Name: Isle of Palms
  • Directions: Take Palm Blvd Towards Wild Dunes. Turn Left On 21st Avenue Then Right Onto Waterway Blvd. Lot Will Be On Your Left.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1964

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Will Build
  • Waterfront Features: Waterfront - Deep
  • Waterfront: Yes
  • Other Structures: Residence

Garage/Parking

  • Open Parking: No

Condo/Co-op/Association

  • Community Features: Shared Dock

Schools

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

Lot Info

  • Development Status: Site Planned
  • Lot Size Sq Ft: 17859.6
  • Number Of Lots: 1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710500217

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Flemming Jason Matthew
Bought by
D3 Land Holdings Llc
Total Days on Market
46
Current Estimated Value
$5,067,108

Purchase Details

Closed on
Jan 12, 2017
Sold by
Dangerfield Development Llc
Bought by
Flemming Jason Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,075,500
Interest Rate
4.19%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 21, 2015
Sold by
The Dangerfield Family Limited Partnersh
Bought by
Dangerfield Development Llc

Purchase Details

Closed on
Jul 12, 2013
Sold by
Dangerfield Clyde
Bought by
The Dangerfield Family Limited Partnersh

Purchase Details

Closed on
Dec 26, 2006
Sold by
Dangerfield Family Lp
Bought by
Dangerfield Clyde

Purchase Details

Closed on
Dec 3, 2006
Sold by
Dangerfield Pauline N
Bought by
The Dangerfield Family Lp

Purchase Details

Closed on
Nov 4, 2004
Sold by
Cannon Dolores D and Dangerfield Timothy N
Bought by
The Dangerfield Family Lp

Purchase Details

Closed on
Dec 14, 2000
Sold by
Boehm Paul F and Boehm Judith S
Bought by
Dangerfield Pauline N

Purchase Details

Closed on
Nov 11, 1999
Sold by
The Ion Company Llc
Bought by
Commissioners Public Works Town Of Mount

Purchase Details

Closed on
Aug 11, 1999
Sold by
Dangerfield Pauline N
Bought by
Cannon Dolores Dangerfield and The Pauline N Dangerfield Qualified Pers
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
D3 Land Holdings Llc $3,600,000 None Available
Flemming Jason Matthew $1,185,000 None Available
Dangerfield Development Llc $1,375,000 --
The Dangerfield Family Limited Partnersh -- --
Dangerfield Clyde -- None Available
The Dangerfield Family Lp -- None Available
The Dangerfield Family Lp -- --
Dangerfield David Alan -- --
Dangerfield Pauline N -- --
Commissioners Public Works Town Of Mount -- --
Cannon Dolores Dangerfield -- --
Dangerfield Pauline N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mo Better Investments Llc $800,000
Previous Owner Flemming Jason Matthew $2,075,500
Previous Owner Flemming Jason Matthew $888,750
Previous Owner Dangerfield Development Llc $792,281
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2016 02/15/16 Sold $900,000 0.0% $310 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $900,000 -- $310 / 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 $10,792 $144,000 $0 $0
2022 $10,849 $144,000 $0 $0
2021 $11,677 $144,000 $0 $0
2020 $12,145 $144,000 $0 $0
2019 $47,806 $216,000 $0 $0
2017 $12,730 $60,000 $0 $0
2016 $12,216 $60,000 $0 $0
2015 $19,552 $100,500 $0 $0
2014 $23,529 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Troy Barber

    Seller's Agent in 2016

    Troy Barber

    King and Society Real Estate

    (843) 364-0432

    13 in this area

    31 Total Sales

    Troy Barber
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Map

Source: CHS Regional MLS

MLS Number: 15031085

CHS Regional MLS

APN: 568-08-00-114

South Carolina Charleston County Isle Of Palms 29451

5 Whispering Palms Ln, Isle Of Palms, SC

This home is located at 5 Whispering Palms Ln, Isle of Palms, SC 29451 since 17 December 2015 and is currently estimated at $5,067,108, approximately $1,745 per square foot. This property was built in 1964. 5 Whispering Palms Ln 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.

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