506 Summerhouse, Isle of Palms, SC 29451
$120,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,654
Status:
Active
Current Price:
$120,000
List Date:
4/10/2024
Last Modified:
4/10/2024
Description
Amazing opportunity to join a great partnership in this 3-bedroom turnkey condo. 4 weeks of ownership; one week in each season. Offering a very comfortable, open concept condo. Take in the most breathtaking views of the South Carolina coast.Large deck space to sit and enjoy morning coffee as you hear the waves crash!
Covered parking and great pool for Summerhouse owners to enjoy.
Owners pay $2200 yearly-that covers ALL fees such as HOA,Insurance, utilities, taxes; any cost associated with home ownership is included in this payment.
**Please see document for the calendar and rotation of weeks.
Summerhouse does have a building repair assessment that is almost completed. Owners have already paid $19,000 for their portion.
More Information MLS# 24007614
Contract Info
Sub-Type: Fractional Ownership
MLS List Date: 2024-03-27
Status: Active
List Price: $120,000
Current Price: $120,000
Location, Tax & Legal
Tax Map #: 6041200454
Street #: 506
Street Name: Summerhouse
County: Charleston
State: SC
Zip Code: 29451
Area: 45 - Wild Dunes
Tax District: 24 - City of Isle of Palms
Subdivision: Wild Dunes
Subsection: Summerhouse
Elementary School: Sullivans Island
Middle School: Laing
High School: Wando
Legal Description: Unit 506-C-lii Bldg 1 % Ownership Com Elem 2.04082%
Directions: Enter Wild Dunes Main Gate, veer right onto Palmetto. Continue down to Summerhouse Community. Property is on right, Building 1.
General Property Info
Bedrooms: 3
Primary Bedroom – Main Level: Yes
Baths - Full: 3
Baths - Total: 3
Ground Level: No
Stories: 5
Primary Structure Apx SqFt: 1654
Ownership: Fractional
Year Built: 1986
Number of Units: 506
Other Structures Y/N: No
Potential Short Sale: No
C/R: Yes
Lease Purchase: No
HOA Fee: Yes
HOA Frequency: Annually
Auction: No
Tax/Fees
Regime Fee: Yes
Regime Fee Freq: Annually
Regime Fee $: 2200
Office/Member Info
Buyers Agency Compensation: 3
Buyers Agency Compensation Type: %
Property Features
SqFt Source: Previous Listing; Tax Records
Fractional Style: Partnership
Lot Description: Beach Access; Beachfront; Ocean View
Misc Exterior: Balcony
Misc Interior: Elevator
New Owned: Pre-Owned
Water/Sewer: Public Sewer; Public Water
Possession: At Closing
Showing Instructions: Contact Listing Agent
Utility Suppliers: Dominion Energy; IOP W/S Comm
Proposed Financing: Cash
Assumable: No
Listing Office: Wild Dunes Real Estate, LLC
Last Updated: April - 10 - 2024
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