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$1,189,000

Beds
3
Baths
2.0
sq ft
1,486

18 Lake Village Ln, Isle Of Palms, SC 29451

18 Lake Village Ln

Isle of Palms, SC 29451

  • 78 days on market
This beautifully decorated one story home on a private lagoon within the gates of Wild Dunes is a rare find indeed and is THE BEST PRICED SINGLE FAMILY HOME in the Resort. Don't underestimate the ease and value of one-story living, especially with very low fees and insurance costs. Many of the neighbors have raised their homes to add a drive-under garage. With three bedrooms and two beautifully renovated bathrooms, this beach cottage is the perfect primary, secondary or rental property. It is being sold fully furnished with few exclusions. The owners have recently added composite decking and cable steel railings to all outdoor deck areas and entry stairs; repainted the exterior of the home; and added new brick pavers to the front entry and patioarea. Wild Dunes offers two Fazio-designed golf courses, har-true and hard tennis and pickle ball courts, plenty of dining options and pools, and miles of walking paths and endless stretches of pristine beaches. Come gather on the back screened porch with friends, watch a football game and enjoy the endless array of bird and animal life up close and personal. Owning a single family home in the Resort is much less expensive than owning a condo or townhome with monthly regime and insurance expenses. Ask the listing agent for a breakdown of carrying costs!

Details

Property type

Single Family Residence

Est. home value

$1,244,876

Lot size

5,227.2 sq ft

Price per sq ft

$801

Year built

1979

Annual property taxes

$7,970

Monthly HOA fee

$72.08

Price History

04/20/2024
CTAR

CTAR #24009935

Listed
$1,189,000

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

Community features: 

Clubhouse, Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Bank Na

Loan start date

June 2021

Original loan amount

$199,000

Est. remaining balance

$144,003

Interest rate

2.29%

Loan type

New Conventional, 10 year

Seller

Peter C Gorman and Peter C Gorman Rev Declaration Of Tr

Lender

Allen Tate Mortgage Services Inc

Loan start date

August 2013

Original loan amount

$408,000

Est. remaining balance

$318,313

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Peter C Gorman and Susan J Gorman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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7600 Palmetto Dr Unit 111B, Isle Of Palms, SC 29451

Status: Active

Tomo last checked: 07/07/2024 at 6:20 PM

Listing updated: 06/25/2024 at 12:53 PM

Listed by: Ann Cortes, Carolina One Real Estate Phone #: (843) 886-8110

MLS: CTAR #24009935

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