7 Edgewater Alley Isle of Palms, SC 29451
Estimated Value: $1,816,000 - $2,094,010
3
Beds
2.5
Baths
2,250
Sq Ft
$867/Sq Ft
Est. Value
Highlights
- Marina
- Boat Ramp
- Fitness Center
- Sullivans Island Elementary School Rated A
- Beach Access
- Clubhouse
About This Home
As of May 2015This 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.
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
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%
Total Days on Market
218
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
$1,151,253
Avg. Annual Appreciation
8.61%
Original Mortgage
$330,000
Outstanding Balance
$262,402
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,580,178
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
Similar Homes in Isle of Palms, SC
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 |
|---|---|---|---|
| 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 | |
| Previous Owner | Strous Robert T | $130,000 |
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
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 | $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
-
Dennis Samuelson
D
Seller's Agent in 2015
Dennis Samuelson
Carolina One Real Estate
(843) 906-9500
14 in this area
22 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 1424144
APN: 604-09-00-098
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