NOT LISTED FOR SALE

565 Wading Place Daniel Island, SC 29492

Estimated Value: $3,444,000 - $4,338,045

4 Beds
4.5 Baths
4,720 Sq Ft
$847/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $2,850,000 $604 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $23,450/month

22 Days on Market

Highlights

  • Boat Ramp
  • On Golf Course
  • Above Ground Pool
  • Daniel Island School Rated A-
  • Wine Cellar
  • 4-minute walk to Nobel’s Point Park

About This Home

As of September 2020

''Luxurious living with 3-sided infinity pool overlooking golf course!'' Backing to the course on hole #13 Ralston in Daniel Island Park, this custom home was built in 2018 by award winning Mahshie Custom Homes and is one of the most unique, spectacular homes on the island. The moment you drive up you'll know you're about to experience something unbelievable w/the breathtaking landscaping, gorgeous flowers in tiered built-in planters, the tropical palm trees & the luxurious custom built chandelier that you can see through the front foyer window. Shiplap and a stone archway leads to the wine room that features a marble wet bar & frameless glass climate controlled custom wine cellar w/room for 1,000+ bottles. The wine room has a Cable Wine Racking System (holding 732 bottles suspended)imported from Toronto with chrome and satin nickel finishes. The outdoor living space is equally impressive w/a fireplace in one of the two screened-in porches, outdoor kitchen & gas fire pit that illuminates the infinity, cascading pool overlooking the golf course. A luxurious, one of a kind master suite and bath. Master bath has a dual vanity with a TV built into the mirror, heated floors, lighting through the glass sinks, a relaxing tub and gigantic spa-like zero entry walk-in shower, large his and her walk in closets and access to the outside pool area. Gourmet kitchen with adjacent eat in area features a 13' marble center island with plenty of breakfast bar seating, incredible lighting fixtures and high-end appliances. This chef's kitchen has a two full size refrigerators, a 48" stainless steel/glass SubZero as well as a Thermador, 48" Wolf oven/range, Wolf wall oven and a Wolf steam oven, several dishwashers, etc. to name a few. There is also a built-in four bottle WineStation brand wine dispensary, a built in Meile coffee machine with a Meile cup/plate warming drawer and additional built-in wine fridge. Butlers pantry, walk in pantry and laundry room are conveniently located right off of the kitchen. Living room has a coffered ceiling and fireplace with barn board and built-ins on the side. Upstairs you'll find three additional en suite bedrooms and a family/media room. One of these bedrooms is set up as a second Master bedroom with an oversized walk-in closet, large bath and steam shower. Family room on the upper level has a wet bar and access to a spacious deck overlooking the backyard, pool and golf course below. Three car Garage is immaculate, it is sealed and dehumidified with a Tesla car charger built in, epoxy flooring finish and access to the elevator that brings you to all levels. This home also has a 22kw Generac Generator and hurricane rated windows/doors.

This property includes Daniel Island Club social membership privileges, with the opportunity to upgrade to a Sport membership or Golf Membership. Buyer pays a one time neighborhood enhancement fee of .5% x sales price to Daniel Island Community Fund at closing. Daniel Island resale addendum will be required on offer to purchase. Daniel Island Resale Addendum, Property Disclosure, Flood Disclosure and Community Fund Disclosure are attached. Buyer to confirm any information in this listing that is important in the purchase decision such as but not limited to associated membership/fees, square footage, lot size, taxes, and schools.

Last Agent to Sell the Property

Michelle Walsh

Daniel Ravenel Sotheby's International Realty License #93947 Listed on: 07/03/2020

Last Buyer's Agent

Jacquie Dinsmore

Carolina One Real Estate License #115947

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,017

Year Built

  • Built in 2018

Lot Details

  • 0.45 Acre Lot
  • On Golf Course
  • Level Lot
  • Irrigation

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 4,720 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Entrance Foyer
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet

Parking

  • 3 Car Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Above Ground Pool
  • Deck
  • Exterior Lighting
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

Overview

  • Club Membership Available
  • Daniel Island Park Subdivision

Recreation

  • Boat Ramp
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,017

Year Built

Built in 2018

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2018
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.45
  • Ownership: Fee Simple
  • Subdivision Name: Daniel Island Park
  • Directions: Island Park Drive To Ithecaw Creek Street. Right Onto Lesesne Street And Then First Right Onto Wading Place.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: 3 Stories
  • New Construction: No
  • Efficiency: Insulation
  • Property Attached Yn: No
  • Building Stories: 3
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator, ENERGY STAR Qualified Appliances, Tankless Water Heater
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Other (Use Remarks), Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Wet Bar, Wine Cellar, Ceiling Fan(s), Family, Formal Living, Entrance Foyer, Office, Pantry, Separate Dining
  • Window Features: Window Treatments, ENERGY STAR Qualified Windows
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Lot Features: 0 - .5 Acre, Level, On Golf Course
  • Pool Features: Pool - Elevated
  • Pool Private: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Lawn Irrigation, Lighting
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 3
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Carport, Attached, Off Street, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Charleston Water Service, Dominion Energy
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club Membership Available, Park, Trash, Walk/Jog Trails
  • Association Fee: 1074
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 19602
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 2721001033

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Phalin Gregory T
Bought by
Gregory T Phalin Revocable Trust and Lauren Phalin Revocable Trust
Current Estimated Value
$3,996,761

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 15, 2020
Sold by
Loiselle Walter A and Loiselle Tina Marie
Bought by
Phalin Gregory T and Phalin Lauren
Seller's Agent
Michelle Walsh
Daniel Ravenel Sotheby's International Realty
Buyer's Agent
Jacquie Dinsmore
Carolina One Real Estate
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$1,700,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2020
Sold by
Loiselle Walter and Loiselle Marie Tina
Bought by
Loiselle Walter A and Loiselle Tina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2019
Sold by
Brightwater Homes Llc
Bought by
Rossi Suzanne Marie and Rossi Richard Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2015
Closed on
Sep 23, 2015
Sold by
Daniel Island Associates Llc
Bought by
Loiselle Walter
Seller's Agent
Rick Horger
Corcoran HM Properties
Buyer's Agent
Tim Reese
Dunes Properties of Chas Inc
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.11%
Original Mortgage
$273,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gregory T Phalin Revocable Trust -- None Listed On Document
Phalin Gregory T $2,850,000 None Available
Loiselle Walter A -- None Available
Rossi Suzanne Marie $1,606,099 None Available
Loiselle Walter $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phalin Gregory T $1,700,000
Previous Owner Loiselle Walter A $1,750,000
Previous Owner Rossi Suzanne Marie $388,000
Previous Owner Loiselle Walter $1,820,000
Previous Owner Loiselle Walter $1,804,505
Previous Owner Loiselle Walter $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $2,850,000 0.0% $604 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $2,850,000 +630.8% $604 / Sq Ft
09/29/2015 09/29/15 Sold $390,000 0.0% --
08/30/2015 08/30/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $390,000 -- --
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 $21,017 $3,261,975 $1,139,789 $2,122,186
2024 $21,017 $130,479 $45,592 $84,887
2023 $21,017 $130,479 $45,592 $84,887
2022 $19,247 $113,460 $43,200 $70,260
2021 $19,601 $64,000 $20,000 $43,996
2020 $11,317 $63,996 $20,000 $43,996
2019 $32,772 $63,996 $20,000 $43,996
2018 $9,753 $27,600 $27,600 $0
2017 $9,747 $27,600 $27,600 $0
2016 $8,534 $27,600 $27,600 $0
2015 -- $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 20018235

CHS Regional MLS

APN: 272-10-01-033