NOT LISTED FOR SALE

7 Edgewater Alley Isle of Palms, SC 29451

Estimated Value: $1,640,000 - $2,331,310

3 Beds
2.5 Baths
2,250 Sq Ft
$880/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $800,000 $356 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $11,718/month

218 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Fitness Center
  • Sullivans Island Elementary School Rated A
  • Beach Access
  • Clubhouse

About This Home

As of May 2015

This resort home has it all and is one to be seen! There are so many pluses; large park-like lot, close proximately to the beach, single-level home, high elevation and a very comfortable home. It sits atop a high dune within a short block walk of the ocean beach. The elevation provides the opportunity to do away with all the stairs as the ground floor is well above federal flood levels. Please do not let the home's age fool as the house is like new. Recent renovations have been completed and the home been gone through from head to foot; updated in things that you can see and things you can't such as new insulation and new energy efficient HVAC system. Double glass entry doors greet you and opens to the entry foyer. A Large living area provides a great views of the park-like outdoor space.Interior spaces are fresh and new including an updated kitchen with beautiful cabinets, granite counter-tops, glass tiled walls and appliances like a Wolf six-burner gas cooktop, double Bosch wall ovens and a custom hood. The den includes a wet bar and wine cabinet. Great area for casual dining. For the more formal dinner guests, the dining room also has the same great outdoor views that you get from the living room. Bedrooms and baths have been updated as well. The outdoor space is perfect for entertaining on those comfortable Spring & Fall nights. When it's time to head to the beach, it's a very short walk; just five houses away. The property sits within the gates of the resort and can be accessed either from the resort side driveway or from Palm Blvd. This home is offered fully furnished and ready to be moved into.

Last Agent to Sell the Property

Dennis Samuelson

Carolina One Real Estate License #25385 Listed on: 09/06/2014

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Elevated Lot
  • Partially Fenced Property
  • Interior Lot

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stubbed Gas Line For Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Beach Access
  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Tankless Water Heater
  • Satellite Dish

Community Details

Overview

  • Club Membership Available
  • Wild Dunes Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Golf Course Membership Available
  • Fitness Center
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,186

Year Built

Built in 1979

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary, Ranch
  • Year Built: 1979
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.33
  • Lot Size: 80 X 162 + DRIVEWAY
  • Ownership: Fee Simple
  • Subdivision Name: Wild Dunes
  • Directions: From Main Gate Of The Resort, Bear Right To Edgewater Ally (5th Street On Your Right). Property Is At The End Of The Cul-de-sac And Sits High Atop The Dune.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Tankless Water Heater
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Some Storm Door(s)
  • Entry Location: Ground Level
  • Fireplace Features: Gas Connection, Great Room, One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Stone, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Great, Pantry, Separate Dining, Utility
  • Window Features: Some Storm Wnd/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Partial
  • Lot Features: Cul-De-Sac, High, Interior Lot
  • Waterfront Features: Beach Access
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Dock Facilities, Fitness Center, Golf Membership Available, Marina, Walk/Jog Trails
  • Association Fee: 748
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6040900098
  • Tax Annual Amount: 2186

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2014
Closed on
May 15, 2015
Sold by
Wayne & Carolyn Jones Charitable Foundat
Bought by
Austin Harry and Austin Mary Ellen
Seller's Agent
Dennis Samuelson
Carolina One Real Estate
List Price
$865,000
Sold Price
$800,000
Premium/Discount to List
-$65,000
-7.51%
Current Estimated Value
$1,980,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,180,328
Avg. Annual Appreciation
9.42%
Original Mortgage
$330,000
Outstanding Balance
$256,683
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,778,403

Purchase Details

Closed on
Jul 7, 2014
Sold by
Strous Stephanie W
Bought by
Wayne & Carolyn Jones Charitable Foundat

Purchase Details

Closed on
Jun 12, 2013
Sold by
Strous Robert T and Strous Stephanie W
Bought by
Strous Robert T and Strous Stephanie W
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
Austin Harry $800,000 --
Wayne & Carolyn Jones Charitable Foundat $675,000 --
Strous Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Harry $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $800,000 -7.5% $356 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
09/06/2014 09/06/14 For Sale $865,000 -- $384 / 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 $13,888 $60,000 $0 $0
2023 $13,888 $60,000 $0 $0
2022 $13,075 $60,000 $0 $0
2021 $11,422 $52,920 $0 $0
2020 $11,241 $52,800 $0 $0
2019 $11,104 $49,500 $0 $0
2017 $10,610 $49,500 $0 $0
2016 $9,881 $48,000 $0 $0
2015 $7,960 $40,500 $0 $0
2014 $2,160 $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: 1424144

CHS Regional MLS

APN: 604-09-00-098