NOT LISTED FOR SALE

5802 Palmetto Dr Unit B512 Isle of Palms, SC 29451

Estimated Value: $1,883,000 - $2,238,901

4 Beds
3.5 Baths
2,500 Sq Ft
$811/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $1,275,000 $510 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $13,865/month

2 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Golf Course Community
  • Sullivans Island Elementary School Rated A
  • Beach Access
  • Fitness Center

About This Home

As of May 2021

OCEAN VIEW PENTHOUSE now available. This is the BEST unit out of only 5 Penthouses in the Village. Enjoy the spacious luxury this unit offers. Each bedroom is ensuite. Beautifully designed to give everyone a private space of their own. The reverse floorplan puts the living area upstairs with the master. A comfortable living/kitchen combo is relaxing and efficient with everything you need for an evening in. Or go out to enjoy the offerings at Wild Dunes as you are in the center of everything within the resort. Most of the Wild Dunes amenities are within walking distance. Relax on your terrace which gives an incredible view of the ocean. It's an outdoor living room which allows you to be out even in inclement weather, If you need a place of respite that can accomodate friends, this is it!

Last Agent to Sell the Property

Suzie Smith

Carolina One Real Estate License #57318 Listed on: 03/26/2021

Last Buyer's Agent

Mike Bork

Wild Dunes Real Estate, LLC License #97950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,654

Year Built

  • Built in 2007

Lot Details

  • 436 Sq Ft Lot
  • Elevated Lot

Parking

  • Off-Street Parking

Home Design

  • Raised Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Club Membership Available
  • Wild Dunes Resort Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,654

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Attached
  • Lot Size Acres: 0.01
  • Ownership: Condominium
  • Subdivision Name: Wild Dunes Resort
  • Directions: Situated Inside Wild Dunes Resort Between The New Sweetgrass Inn And The Boardwalk Hotel
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo Regime
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo
  • Window Features: Window Treatments, Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • Lot Features: High
  • Waterfront Features: Beach Access
  • Construction Type: Cement Plank
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Covered
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Attached, Off Street

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Club Membership Available, Dock Facilities, Elevators, Fitness Center, Gated, Golf Course, Golf Membership Available, Lawn Maint Incl, Marina, Park, Pool, Security, Tennis Court(s), Trash, Walk/Jog Trails
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 435.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041000572

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Kjb Holdings Llc
Bought by
Steinman Properties Llc
Current Estimated Value
$2,026,975

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 3, 2021
Sold by
Well Susan Granat
Bought by
Kjb Holdings Llc
Seller's Agent
Suzie Smith
Carolina One Real Estate
Buyer's Agent
Mike Bork
Wild Dunes Real Estate, LLC
List Price
$1,250,000
Sold Price
$1,275,000
Premium/Discount to List
$25,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$956,250
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 2016
Sold by
Plaus Donald and Plaus Jennifer M
Bought by
Weil Susan Granat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$924,000
Interest Rate
2.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2011
Sold by
Wdr Phase One Llc
Bought by
Plaus Donald and Plaus Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Steinman Properties Llc $2,300,000 South Carolina Title
Kjb Holdings Llc $1,275,000 None Available
Weil Susan Granat $1,155,000 --
Plaus Donald $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kjb Holdings Llc $956,250
Previous Owner Kjb Holdings Llc $956,250
Previous Owner Weil Susan Granat $924,000
Previous Owner Plaus Donald $756,300
Previous Owner Plaus Donald $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $1,275,000 +2.0% $510 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $1,250,000 -- $500 / 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 $31,654 $76,500 $0 $0
2022 $16,624 $76,500 $0 $0
2021 $11,333 $52,500 $0 $0
2020 $11,179 $52,500 $0 $0
2019 $15,477 $69,300 $0 $0
2017 $14,795 $69,300 $0 $0
2016 $12,923 $63,000 $0 $0
2015 $12,307 $63,000 $0 $0
2014 $11,355 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 21007970

CHS Regional MLS

APN: 604-10-00-572