NOT LISTED FOR SALE

8 Frank Sottile Ln Isle of Palms, SC 29451

Estimated Value: $2,038,000 - $2,617,000

5 Beds
4 Baths
2,709 Sq Ft
$867/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $2,565,000 $947 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $14,627/month

45 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Home Theater
  • Sullivans Island Elementary School Rated A
  • Beach Access
  • Deck

About This Home

As of April 2024

Welcome to your stunning contemporary beach retreat on the IOP, offering luxurious living amidst a tranquil oasis with breathtaking views of the WDR Harbor Course. NO HOA Fees! This spacious 5 bedroom 4 bath residence boasts modern aesthetics, complemented by lush live oaks, serene back porch lounging, and picturesque sunrise vistas overlooking a par 3 hole. With its prime location on IOP and proximity to golf, marina, restaurants and beaches this home presents a rare opportunity to experience coastal living. Don't miss making this oasis-inspired retreat your own. Key Features:Contemporary Design- Embrace the modern and sleek design of this freshly restored home, featuring clean lines, open spaces, and seamless blend of indoor outdoor living.(cont)Gourmet Kitchen: Indulge your culinary passions in the new gourmet kitchen, complete with high-end appliances, a butler's pantry, and convenient access to the laundry room.Spacious Living Areas: The main floor greets you with a great room, seamlessly connecting the kitchen, dining room, and back porch, ideal for entertaining.Primary Suites: Retreat to two luxurious primary suites, each offering ample space, stunning views, and luxurious en-suite bathrooms with spa like design. The main floor primary bedroom boasts two walk-in closets and the home offers 2 laundry room washer/dryer hook up with one on the main floor and the other upstairs.Flex Spaces: Enjoy the flexibility of optional entertaining spaces on each floor, allowing for versatile use according to your needs and preferences.Outdoor Living: Immerse yourself in the tranquility of the outdoors, with a spacious back porch perfect for lounging, dining, or simply soaking in the panoramic views of the golf course and surrounding natural beauty of the live oaks.Prime Location: Conveniently located outside of the Wild Dunes Resort, this home offers easy access to the IOP Marina, pristine beaches, and the amenities of Wild Dunes Resort with membership options, ensuring endless opportunities for recreation and relaxation.Come and experience coastal living at its finest.

Last Agent to Sell the Property

Lisa Mitchell

Dunes Properties of Chas Inc License #81941 Listed on: 02/01/2024

Co-Listed By

Mark Mitchell

Dunes Properties of Chas Inc License #61681

Last Buyer's Agent

Eileen Obeid

Matt O'Neill Real Estate License #95895

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 1995

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Raised Foundation

Interior Spaces

  • 2,709 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Beach Access
  • Pond
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Satellite Dish

Community Details

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Golf Course Membership Available
  • Tennis Courts
  • Park
  • Dog Park
  • Trails

Additional Features

  • Club Membership Available
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,423

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1995
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: 9376
  • Co List Office Phone: 843-881-5600
  • Subdivision Name: None
  • Directions: Left On Palm Blvd From The Iop Connector. Follow Palm Towards Wild Dunes Resort. After Turning Right At Turn On Palm Blvd, Take Your First Left On To 42nd Ave. Go Through Stop Sign Onto Frank Sottile. Home At End On Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Refrigerator
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Bonus, Eat-in Kitchen, Family, Entrance Foyer, Great, Media, Office
  • Window Features: Thermal Windows/Doors
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Lot Features: 0 - .5 Acre, Cul-De-Sac
  • Waterfront Features: Beach Access, Pond
  • Construction Type: Cement Siding
  • Exterior Features: Rain Gutters, Lighting
  • Foundation Details: Raised
  • Other Structures: No
  • Patio And Porch Features: Deck, Patio, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: No
  • Parking Features: 4 Car Garage, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club Membership Available, Dock Facilities, Dog Park, Golf Membership Available, Laundry, Marina, Park, Tennis Court(s), Trash, Walk/Jog Trails

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710800299
  • Tax Annual Amount: 2423

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 10, 2024
Sold by
Southern Coastal Renovations Llc
Bought by
Stone Mark W and Stone Jennifer W
Seller's Agent
Lisa Mitchell
Dunes Properties of Chas Inc
Buyer's Agent
Eileen Obeid
Matt O'Neill Real Estate
List Price
$2,800,000
Sold Price
$2,565,000
Premium/Discount to List
-$235,000
-8.39%
Total Days on Market
45
Views
148
Current Estimated Value
$2,349,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$215,153
Avg. Annual Appreciation
-7.27%
Original Mortgage
$2,052,000
Outstanding Balance
$2,030,298
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$319,549

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 29, 2023
Sold by
Tamblyn Terry Stephen
Bought by
Hexter Craig and Hexter Tricia
Seller's Agent
Jason Cartin
Carolina One Real Estate
Buyer's Agent
Lisa Mitchell
Dunes Properties of Chas Inc
List Price
$1,470,000
Sold Price
$1,300,000
Premium/Discount to List
-$170,000
-11.56%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
404.34%
Original Mortgage
$1,040,000
Interest Rate
9.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 14, 2023
Sold by
Hexter Craig and Hexter Tricia
Bought by
Southern Coastal Renovations Llc
Seller's Agent
Jason Cartin
Carolina One Real Estate
Buyer's Agent
Lisa Mitchell
Dunes Properties of Chas Inc
List Price
$1,470,000
Sold Price
$1,300,000
Premium/Discount to List
-$170,000
-11.56%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
9.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2003
Sold by
Tamblyn Terry Stephen
Bought by
Tamblyn Terry Stephen
Source: Public Records

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Range of Values:

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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
Stone Mark W $2,565,000 None Listed On Document
Hexter Craig $1,300,000 None Listed On Document
Southern Coastal Renovations Llc -- None Listed On Document
Tamblyn Terry Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Mark W $2,052,000
Previous Owner Hexter Craig $1,040,000
Previous Owner Tambly Terry Stephen $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $2,565,000 -1.3% $947 / Sq Ft
03/14/2024 03/14/24 Price Changed $2,600,000 -3.7% $960 / Sq Ft
02/27/2024 02/27/24 Price Changed $2,699,000 -3.6% $996 / Sq Ft
02/01/2024 02/01/24 For Sale $2,800,000 +115.4% $1,034 / Sq Ft
11/14/2023 11/14/23 Sold $1,300,000 -6.8% $480 / Sq Ft
10/06/2023 10/06/23 Price Changed $1,395,000 -5.1% $515 / Sq Ft
09/22/2023 09/22/23 For Sale $1,470,000 -- $543 / 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 $17,988 $30,940 $0 $0
2022 $2,465 $30,940 $0 $0
2021 $2,643 $30,940 $0 $0
2020 $2,744 $30,940 $0 $0
2019 $2,435 $26,640 $0 $0
2017 $2,524 $28,640 $0 $0
2016 $2,366 $28,640 $0 $0
2015 $2,533 $28,640 $0 $0
2014 $2,219 $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: 24002646

CHS Regional MLS

APN: 571-08-00-299