NOT LISTED FOR SALE

The Village at Wild Dunes 5802 Palmetto Dr Unit B-221 Isle of Palms, SC 29451

Estimated Value: $892,000 - $982,000

2 Beds
2 Baths
1,277 Sq Ft
$741/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $845,000 $662 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,077/month

1 Day on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • Sullivans Island Elementary School Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of June 2023

One of the most unique 2-bedroom units with a separate guest suite (B219/B221) available in the residents at Wild Dunes Resort. With a private oversized balcony that has access from both living room and master bedroom. Plus, large enough for outdoor dining and tanning. These 2 bedrooms with a separate guest suite (B219) with kitchenette and private bath which allows for each side to be rented separately or together as a single villa. This is a great investment opportunity with some of the best 2BR rental numbers. 2022 rental income was $103k+ and 2023 rental projections are $120k+. The water heater, carpet, and flooring in the units were replaced in 2019. The HVAC will be replaced May 2023.

Last Agent to Sell the Property

Zach Loftis

Wild Dunes Real Estate, LLC License #94886 Listed on: 05/04/2023

Last Buyer's Agent

Luis Bordon

ChuckTown Homes Powered by Keller Williams License #91147

ChuckTown Homes Powered by Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,746

Year Built

  • Built in 2007

Lot Details

  • 2.32

HOA Fees

  • $72 Monthly HOA Fees

Interior Spaces

  • 1,277 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • No Heating

Community Details

Overview

  • Club Membership Available
  • Wild Dunes Resort Subdivision

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,746

Year Built

Built in 2007

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Wild Dunes Resort
  • Directions: Go Through The Main Gate Into Wild Dunes Resort. Stay To The Right On Palmetto Dr. The Village Will Be On Your Right. Building B.
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo Regime, Condominium
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Elevator
  • Master Bedroom Features: Ceiling Fan(s)

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • Exterior Features: Balcony
  • Other Structures: None
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Club Membership Available, Fitness Center, Gated, Golf Membership Available, Tennis Court(s)
  • Association Fee: 865
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041000548
  • Tax Annual Amount: 7746

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 7, 2023
Sold by
Marquard William H and Marquard Leslie O
Bought by
Pajasa Llc
Seller's Agent
Zach Loftis
Wild Dunes Real Estate, LLC
Buyer's Agent
Luis Bordon
ChuckTown Homes Powered by Keller Williams
List Price
$845,000
Sold Price
$845,000
Views
13
Current Estimated Value
$946,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,820
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Dmk Management Llc
Bought by
Marquard William H and Marquard Leslie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 14, 2014
Sold by
Mitchell Mark A and Mitchell Lisa W
Bought by
Dmk Management Llc

Purchase Details

Closed on
Apr 16, 2008
Sold by
Wdr Phase One Llc
Bought by
Mitchell Mark A and Mitchell Lisa W
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
Pajasa Llc $845,000 None Listed On Document
Marquard William H $625,000 None Available
Dmk Management Llc $514,280 --
Mitchell Mark A $809,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquard William H $437,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $845,000 0.0% $662 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $845,000 -- $662 / 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
2024 $11,770 $50,700 $0 $0
2023 $11,770 $35,220 $0 $0
2022 $7,746 $35,220 $0 $0
2021 $7,659 $35,220 $0 $0
2020 $7,555 $35,220 $0 $0
2019 $8,454 $37,500 $0 $0
2017 $6,678 $30,900 $0 $0
2016 $6,414 $30,900 $0 $0
2015 $6,105 $30,900 $0 $0
2014 $5,745 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zach Loftis

    Seller's Agent in 2023

    Zach Loftis

    Wild Dunes Real Estate, LLC

    (864) 617-8962

    42 in this area

    47 Total Sales

    Zach Loftis
    Section Image
  • Luis Bordon

    Buyer's Agent in 2023

    Luis Bordon

    ChuckTown Homes Powered by Keller Williams

    (843) 801-8746

    11 in this area

    246 Total Sales

    Luis Bordon
    Section Image
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About The Village at Wild Dunes

Map

Source: CHS Regional MLS

MLS Number: 23009876

CHS Regional MLS

APN: 604-10-00-548

South Carolina Charleston County Isle Of Palms 29451

5802 Palmetto Dr Unit B-221, Isle Of Palms, SC

This home is located at 5802 Palmetto Dr Unit B-221, Isle of Palms, SC 29451 since 04 May 2023 and is currently estimated at $946,820, approximately $741 per square foot. This property was built in 2007. 5802 Palmetto Dr Unit B-221 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.

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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