W
Seller's Agent in 2024
Winslow Carroll
Dunes Properties of Chas Inc
11 in this area
24 Total Sales
7 Driftwood Ln Isle of Palms, SC 29451
Estimated Value: $4,678,000 - $5,457,000
4
Beds
4.5
Baths
4,124
Sq Ft
$1,244/Sq Ft
Est. Value
Highlights
- Floating Dock
- Pier or Dock
- Above Ground Pool
- Sullivans Island Elementary School Rated A
- Boat Lift
- Waterfront
About This Home
As of October 2024Absolutely one of the best spots on the Island! Located on the backside of the Isle of Palms, this property has everything one desires for island living; deep water dock, pool, and a beautiful home to go along with it. Heart-pine hardwood flooring throughout the entire home, wainscoting is featured in many parts of the house along with ornate crown molding and ship lapped ceilings in the main living area. The kitchen area has new, but made to look reclaimed wood that covers the entirety of the wall, along with granite countertops and modern appliances . Enjoy your dinners in the dining room or in the screened in sun room.The exterior of the home has all the features you'd want to enjoy the outdoors. Both levels of the home have decks to take in the incredible views, as well as a groun
Last Agent to Sell the Property
Dunes Properties of Chas Inc License #97652 Listed on: 10/17/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,061
Year Built
- Built in 1993
Lot Details
- 0.31 Acre Lot
- Waterfront
- Cul-De-Sac
- Aluminum or Metal Fence
Home Design
- Contemporary Architecture
- Raised Foundation
- Metal Roof
Interior Spaces
- 4,124 Sq Ft Home
- 2-Story Property
- Elevator
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Home Office
- Wood Flooring
Kitchen
- Built-In Electric Oven
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- 3 Parking Spaces
- Carport
- Off-Street Parking
Outdoor Features
- Above Ground Pool
- Boat Lift
- Floating Dock
- Deck
- Rain Gutters
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Central Air
- Heating Available
Community Details
- Pier or Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2023
Closed on
Sep 26, 2024
Sold by
Zimmer Michael F
Bought by
Smith Robert D and Smith Katherine M
Seller's Agent
Winslow Carroll
Dunes Properties of Chas Inc
Buyer's Agent
Vannessa Carter
Dunes Properties of Chas Inc
List Price
$5,900,000
Sold Price
$5,250,000
Premium/Discount to List
-$650,000
-11.02%
Views
233
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
-$119,204
Avg. Annual Appreciation
-2.21%
Original Mortgage
$3,675,000
Outstanding Balance
$3,631,768
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,499,028
Purchase Details
Closed on
Jul 22, 2016
Sold by
Samuelson Dennis L and Samuelson Virginia R
Bought by
Zimmer Michael F
Purchase Details
Closed on
Aug 15, 2003
Sold by
Rogerson Robert W
Bought by
Samuelson Dennis L and Samuelson Virginia R
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 |
|---|---|---|---|
| Smith Robert D | $5,250,000 | None Listed On Document | |
| Smith Robert D | $5,250,000 | None Listed On Document | |
| Zimmer Michael F | $2,525,000 | -- | |
| Samuelson Dennis L | $1,250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Robert D | $3,675,000 | |
| Closed | Smith Robert D | $3,675,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $5,250,000 | -4.5% | $1,273 / Sq Ft |
| 03/31/2024 03/31/24 | Price Changed | $5,500,000 | -6.8% | $1,334 / Sq Ft |
| 10/17/2023 10/17/23 | For Sale | $5,900,000 | -- | $1,431 / 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 | $8,032 | $106,400 | $0 | $0 |
| 2023 | $8,032 | $106,400 | $0 | $0 |
| 2022 | $8,061 | $106,400 | $0 | $0 |
| 2021 | $8,672 | $106,400 | $0 | $0 |
| 2020 | $9,018 | $106,400 | $0 | $0 |
| 2019 | $8,875 | $102,400 | $0 | $0 |
| 2017 | $8,530 | $101,000 | $0 | $0 |
| 2016 | $4,999 | $62,600 | $0 | $0 |
| 2015 | $5,378 | $62,600 | $0 | $0 |
| 2014 | $4,371 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Winslow Carroll
-
Jimmy Carroll
Seller Co-Listing Agent in 2024
Jimmy Carroll
Carroll Realty
(843) 452-1200
11 in this area
13 Total Sales
-
Vannessa Carter
Buyer's Agent in 2024
Vannessa Carter
Dunes Properties of Chas Inc
(423) 967-0087
26 in this area
79 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 23023694
APN: 571-05-00-163
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