Seller's Agent in 2022
Kathleen Mccormack
Seabrook Island Real Estate
(843) 364-5057
3 in this area
72 Total Sales
50 Morgan Place Dr Isle of Palms, SC 29451
Estimated Value: $2,869,000 - $3,872,000
4
Beds
4
Baths
4,337
Sq Ft
$754/Sq Ft
Est. Value
Highlights
- Marina
- Boat Dock
- Fitness Center
- Sullivans Island Elementary School Rated A
- Golf Course Community
- Home Theater
About This Home
As of August 2022With amazing views and located at end of cul-du-sac in the much-loved gated neighborhood of Morgan Place, 50 Morgan Place Drive is one of the largest and tallest houses on the street, affording spectacular 180 degree view of Morgan Creek and marina from the best sunset vantage point in Charleston. This house has 4 bedrooms, 4 full bathrooms, 2 balconies, a 3-stop elevator, sauna, outdoor fireplace, and garage parking for 4 cars. The kitchen, with brand new appliances, is open to living/dining area with 10' ceilings, and an outdoor breakfast bar lets you watch paddleboarders, dolphin, and boats glide by while you sip coffee. A bedroom/office with full bath shares this floor. Second floor is comprised of two bedrooms (one withcorner balcony), each with ensuite bath, family/media room and sunroom (currently used as office for two) with more gorgeous views. The fusball game, shuffleboard table, and vintage PacMan game in family room sold with house. On the third floor, the master suite with very large bathroom, sauna, and generous walk in closet, is the entire floor. The highlight of this house is the 250 (approx) square foot lanai that takes full advantage of water views and breezes, spanning the entire width of the house. Not to be overlooked, the ground floor back terrace is the perfect place to entertain after a day at the beach or on boat with outdoor fireplace, built in grill, commercial refrigerator and commercial freezer (both convey with sale), an enclosed outdoor shower for sandy feet, and exterior surfboard storage closet. Morgan Place has its own, private neighborhood pool just 350+ feet from the house. At 50 Morgan Place Drive, you'll live every day like you're on vacation. Sunset showings encouraged!!
Last Agent to Sell the Property
Seabrook Island Real Estate License #104342 Listed on: 06/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,954
Year Built
- Built in 2000
Lot Details
- 6,098 Sq Ft Lot
- Waterfront
- Cul-De-Sac
- Irrigation
HOA Fees
- $69 Monthly HOA Fees
Parking
- 4 Car Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Raised Foundation
- Architectural Shingle Roof
- Cement Siding
Interior Spaces
- 4,337 Sq Ft Home
- 3-Story Property
- Elevator
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Window Treatments
- Great Room
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Combination Dining and Living Room
- Home Theater
- Home Office
- Game Room
- Sun or Florida Room
- Sauna
- Canal Views
- Exterior Basement Entry
Kitchen
- Eat-In Kitchen
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
Flooring
- Wood
- Stone
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Storm Doors
Eco-Friendly Details
- Energy-Efficient HVAC
Outdoor Features
- Spa
- Balcony
- Deck
- Covered Patio or Porch
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Central Air
- Heating Available
Community Details
Overview
- Wild Dunes Subdivision
Amenities
- Sauna
Recreation
- Boat Dock
- Marina
- Golf Course Community
- Golf Course Membership Available
- Tennis Courts
- Fitness Center
- Trails
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2022
Closed on
Aug 29, 2022
Sold by
Perry Arthur E
Bought by
Meeks Ronnie C and Meeks Cindy L
Seller's Agent
Kathleen Mccormack
Seabrook Island Real Estate
List Price
$2,995,000
Sold Price
$2,500,000
Premium/Discount to List
-$495,000
-16.53%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,877
Avg. Annual Appreciation
9.16%
Original Mortgage
$2,000,000
Outstanding Balance
$1,917,673
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$1,354,204
Purchase Details
Closed on
Jun 21, 2012
Sold by
Perry Shelia S
Bought by
Perry Arthur E
Purchase Details
Closed on
Jun 30, 2004
Sold by
Bennett Mark A and Bennett Debra E
Bought by
Perry Arthur E and Perry Sheila S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meeks Ronnie C | $2,500,000 | -- | |
| Perry Arthur E | -- | -- | |
| Perry Arthur E | $1,260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meeks Ronnie C | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2022 08/31/22 | Off Market | $2,500,000 | -- | -- |
| 08/30/2022 08/30/22 | Sold | $2,500,000 | -7.2% | $576 / Sq Ft |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 07/13/2022 07/13/22 | Price Changed | $2,695,000 | -10.0% | $621 / Sq Ft |
| 06/16/2022 06/16/22 | For Sale | $2,995,000 | -- | $691 / 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 |
|---|---|---|---|---|
| 2024 | $7,415 | $98,000 | $0 | $0 |
| 2023 | $7,415 | $98,000 | $0 | $0 |
| 2022 | $3,681 | $47,340 | $0 | $0 |
| 2021 | $3,954 | $47,340 | $0 | $0 |
| 2020 | $4,107 | $47,340 | $0 | $0 |
| 2019 | $3,670 | $41,160 | $0 | $0 |
| 2017 | $3,563 | $41,160 | $0 | $0 |
| 2016 | $3,337 | $41,160 | $0 | $0 |
| 2015 | $3,582 | $41,160 | $0 | $0 |
| 2014 | $14,541 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Mccormack
-
Joy Dellapina
J
Seller Co-Listing Agent in 2022
Joy Dellapina
Seabrook Island Real Estate
(201) 841-2254
1 in this area
52 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 22016007
APN: 571-08-00-152
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