$1,375,000
SOLD OCT 10, 2024

Summer House 8000 Palmetto Dr Unit 102 Isle of Palms, SC 29451

3 Beds
3 Baths
1,524 Sq Ft
4.62 Acres

Recently Sold

$902 Per Sq Ft

4% Below List Price

100 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Clubhouse
  • Sullivans Island Elementary School Rated A
  • In Ground Pool
  • Tennis Courts

About This Home

As of October 2024

Incredible Oceanfront opportunity in Wild Dunes! The Summerhouse building 1 renovation project is complete and 102 Summerhouse is ready for you to enjoy full time, part time or as a lucrative vacation rental investment. With over 1500 sqft this 3 Bedroom, 3 Bath Villa has been meticulously maintained as a second home and has only had 2 owners. As you enter you will fall in love with the open layout with large eat in Kitchen, granite counter tops and ceramic tile throughout the main living area.The Villas is located on the first level where you will not only have stunning views of the IOP beach and Atlantic Ocean throughout the condo, but you also have direct access to it right off your patio from the living area and 2 of the 3 bedrooms. Wild Dunes offers resort living with private community pool, tennis and pickleball courts, spa, restaurants, shops and more.

Last Agent to Sell the Property

Amanda Mckinney

Wild Dunes Real Estate, LLC License #95820 Listed on: 06/08/2024

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,735

Year Built

  • Built in 1986

Lot Details

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Raised Foundation
  • Metal Roof

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Club Membership Available
  • High-Rise Condominium
  • Wild Dunes Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,735

Year Built

Built in 1986

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1986
  • Property Sub Type: Single Family Attached
  • Subdivision Name: Wild Dunes
  • Directions: From Main Gate Entrance, Take Right Onto Palmetto. Summerhouse Will Be On Right About A Mile In. Unit Is On Right End Of Building 1
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condo Regime, Condominium, High Rise
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling - Smooth, Elevator, Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo
  • Window Features: Storm Window(s), Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Outside Access

Exterior Features

  • Roof: Metal
  • Lot Features: 0 - .5 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: See Remarks
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Other Structures: No
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: 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, Golf Course, Golf Membership Available, Pool, Tennis Court(s), Trash, Walk/Jog Trails
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041200426
  • Tax Annual Amount: 9735

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Oct 4, 2024
Sold by
Fivehands Investments Llc
Bought by
Harrell Robert W and Harrell Catherine B
Seller's Agent
Amanda Mckinney
Wild Dunes Real Estate, LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,425,000
Sold Price
$1,375,000
Premium/Discount to List
-$50,000
-3.51%
Total Days on Market
100
Views
44
Current Estimated Value
$1,425,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,014
Avg. Annual Appreciation
5.39%
Original Mortgage
$1,100,000
Outstanding Balance
$1,076,069
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
$348,945

Purchase Details

Closed on
Jul 5, 2011
Sold by
Kegel Katherine J and Oleary Helen J
Bought by
Fivehands Investments Llc
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 Type Sale Price Title Company
Deed $1,375,000 None Listed On Document
Deed $697,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $1,375,000 0.0% $902 / Sq Ft
09/06/2024 09/06/24 Price Changed $1,375,000 -1.7% $902 / Sq Ft
07/26/2024 07/26/24 Price Changed $1,399,000 -1.8% $918 / Sq Ft
06/08/2024 06/08/24 For Sale $1,425,000 -- $935 / 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 $10,055 $43,170 $0 $0
2022 $9,455 $43,170 $0 $0
2021 $9,349 $43,170 $0 $0
2020 $9,222 $43,170 $0 $0
2019 $9,116 $40,500 $0 $0
2017 $8,707 $40,500 $0 $0
2016 $8,360 $40,500 $0 $0
2015 $7,960 $40,500 $0 $0
2014 $8,079 $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: 24014696

CHS Regional MLS

APN: 604-12-00-426