NOT LISTED FOR SALE

501 Old Compass Rd Daniel Island, SC 29492

Wando Neighborhood

Estimated Value: $4,473,000 - $8,404,000

0.35 Acre
$18,068,851 Price per Acre
15,246 Sq Ft Lot

Last Sold January 22, 2020

Last sale price $1,250,000

Est. 406% increase in value since last sale

Current estimated payment $36,119/month

88 Days on Market

Highlights

  • Boat Ramp
  • Waterfront
  • Trails
  • Daniel Island School Rated A-
  • 0.35 Acre Lot

About This Lot

As of January 2020

This Captain's Island homesite is the epitome of luxury waterfront living with sprawling views of the Wando River and the option for a private deepwater dock. 501 Old Compass Road is just a quick stroll away from the highly anticipated River Porch amenity where residents will be able to gather, relax and immerse themselves in the lowcountry lifestyle.A number of additional amenities on Captain's Island include parks and trails, a creek front screened porch and kayak dock on Ralston Creek, all solely for Captain's Island owners.

501 Old Compass Road includes a Daniel Island Club Social membership with the option to upgrade to a Sports or Golf membership. This homesite has a build requirement and may be subject to additional cap fees and other specific assessments, in addition to the standard annual HOA dues.

Last Agent to Sell the Property

Angela Black Drake

Daniel Island Real Estate Co Inc License #3186 Listed on: 09/30/2019

Last Buyer's Agent

Angela Black Drake

Daniel Island Real Estate Co Inc License #3186 Listed on: 09/30/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,100

Lot Details

  • 0.35 Acre Lot
  • Waterfront

Schools

  • Daniel Island Elementary And Middle School
  • Philip Simmons High School

Community Details

Overview

  • Club Membership Available
  • Daniel Island Park Subdivision

Recreation

  • Boat Ramp
  • Golf Course Membership Available
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$29,100

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.35
  • Subdivision Name: Daniel Island Park
  • Directions: From Mt. Pleasant Take I-526 To Exit 24, Turn Left Onto Island Park Dr, At Second Roundabout Turn Right Onto Island Park Dr, Right Onto Rhoden Island Dr, Right Onto Captains Island Drive
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Waterfront - Deep
  • Waterfront: Yes

Garage/Parking

  • Open Parking: No

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club Membership Avai, Community Dock, Golf Membership Avai, Walk/Jog Trails

Schools

  • Elementary School: Daniel Island
  • High School: Philip Simmons
  • Middle Or Junior School: Daniel Island

Lot Info

  • Lot Size Sq Ft: 15245.999999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 2750000092

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Banks W Dean W and Banks Mendi Kenimer
Bought by
Propes Troy Russell and Propes Lee D
Current Estimated Value
$6,324,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,500
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 15, 2020
Sold by
Daniel Island Associates Llc
Bought by
Banks W Dean W and Banks Mendi
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Propes Troy Russell $1,325,000 None Available
Banks W Dean W $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Propes Troy Russell $800,000
Open Propes Troy Russell $3,986,500
Closed Propes Troy Russell $1,192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $1,250,000 0.0% --
12/23/2019 12/23/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $1,250,000 -- --
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
2025 $29,100 $4,520,890 $1,522,204 $2,998,686
2024 $29,100 $180,835 $60,888 $119,947
2023 $29,100 $180,835 $60,888 $119,947
2022 $26,375 $82,476 $79,164 $3,312
2021 $26,460 $2,440 $2,442 $0
2020 $821 $2,442 $2,442 $0
2019 $0 $16,500 $16,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Angela Black Drake

    Seller's Agent in 2020

    Angela Black Drake

    Daniel Island Real Estate Co Inc

    (843) 991-0337

    2 in this area

    31 Total Sales

    Angela Black Drake
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Map

Source: CHS Regional MLS

MLS Number: 19027522

CHS Regional MLS

APN: 276-02-02-011

South Carolina Berkeley County Daniel Island 29492 Wando

501 Old Compass Rd, Daniel Island, SC

This home is located at 501 Old Compass Rd, Daniel Island, SC 29492 since 30 September 2019 and is currently estimated at $6,324,098. 501 Old Compass Rd is a home located in Berkeley County with nearby schools including Daniel Island 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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