NOT LISTED FOR SALE

1003 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $2,859,000 - $3,579,917

0.33 Acre
$9,875,673 Price per Acre
14,375 Sq Ft Lot

Last Sold September 19, 2022

Last sale price $2,900,000 $1,682 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $20,605/month

58 Days on Market

Highlights

  • Private Dock
  • Property fronts a marsh
  • Level Lot
  • Sullivans Island Elementary School Rated A

About This Lot

As of September 2022

Hamlin Creek deepwater with existing dock, cleared and ready to build. Houseplans convey with acceptable offer. Short dock with covered pierhead, fish cleaning station, 20,000 lb boat lift and floater. Carl McCants designed house plans have been approved by Isle of Palms and are ready for construction to begin pending payment of permit fees. Current design is 4254 square feet, 4 BR, 4.5 BA with an infinity edge pool overlooking Hamlin Creek. The lot has been cleared and graded, sewer plan approved. Naramore Construction has been involved and is available if more information needed and construction if the new owner so chooses. Don't miss this one! Deepwater lots on Isle of Palms, much less Hamlin Creek, don't come along very often! Seller will pay permit fees with acceptable offer.

Last Agent to Sell the Property

Jason Ogden

The Exchange Company, LLC License #37583 Listed on: 06/01/2022

Last Buyer's Agent

Beau Hollingsworth

Salmonsen Realty License #44095

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,703

Year Built

  • 1960

Lot Details

  • 0.33 Acre Lot
  • Property fronts a marsh
  • Level Lot

Schools

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

Community Details

Overview

  • Isle Of Palms Subdivision

Recreation

  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$39,703

Year Built

1960

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Subdivision Name: Isle of Palms
  • Directions: Take A Right On Palm Blvd Off The Isle Of Palms Connector. Home Is On The Right Side Of The Road On The Water Across From The Isle Of Palms Post Office.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1960

Exterior Features

  • Lot Features: Level
  • Waterfront Features: Marshfront, Waterfront - Deep
  • Waterfront: Yes
  • Exterior Features: Private Dock At Lot

Utilities

  • Sewer: Sewer At Site
  • Utilities: Electricity Connected, Water Connected

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Number Of Lots: 1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681100026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2025
Sold by
Overton Jonathan Allen
Bought by
Jonathan Allen Overton Revocable Trust and Overton
Total Days on Market
58
Current Estimated Value
$3,258,972

Purchase Details

Listed on
Jun 1, 2022
Closed on
Sep 19, 2022
Sold by
Walton Brian R
Bought by
Overton Jonathan Allen
Seller's Agent
Jason Ogden
The Exchange Company, LLC
Buyer's Agent
Beau Hollingsworth
Salmonsen Realty
List Price
$3,250,000
Sold Price
$2,900,000
Premium/Discount to List
-$350,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$3,480,000
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jun 30, 2021
Sold by
Matthew Flemming Jason
Bought by
Walton Brian R and Walton Tamera N
Seller's Agent
Jamie Hollingsworth
Salmonsen Realty
Buyer's Agent
Jason Ogden
The Exchange Company, LLC
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%

Purchase Details

Listed on
Feb 7, 2018
Closed on
Sep 26, 2018
Sold by
Totten Larry Kent and Totten Donna Lynne
Bought by
Flemming Jason Matthew
Seller's Agent
Trenton Seckinger
Keller Williams Realty Charleston West Ashley
Buyer's Agent
Jamie Hollingsworth
Salmonsen Realty
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Jonathan Allen Overton Revocable Trust -- None Listed On Document
Overton Jonathan Allen $2,900,000 --
Walton Brian R $2,850,000 Mccants J Lynn
Flemming Jason Matthew $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Overton Jonathan Allen $3,480,000
Previous Owner Flemming Jason Matthew $840,000
Previous Owner Totten Larry Kent $512,949
Previous Owner Totten Larry Kent $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $2,900,000 -10.8% $1,682 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $3,250,000 +14.0% $1,885 / Sq Ft
07/02/2021 07/02/21 Sold $2,850,000 0.0% $1,653 / Sq Ft
06/17/2021 06/17/21 For Sale $2,850,000 +171.4% $1,653 / Sq Ft
10/03/2018 10/03/18 Sold $1,050,000 0.0% $609 / Sq Ft
10/03/2018 10/03/18 Sold $1,050,000 0.0% $609 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
09/03/2018 09/03/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,050,000 0.0% $609 / Sq Ft
02/07/2018 02/07/18 For Sale $1,050,000 -- $609 / 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 $39,703 $174,000 $0 $0
2022 $36,947 $171,000 $0 $0
2021 $13,565 $63,000 $0 $0
2020 $13,380 $63,000 $0 $0
2019 $14,086 $63,000 $0 $0
2017 $3,723 $43,080 $0 $0
2016 $3,486 $43,080 $0 $0
2015 $3,743 $43,080 $0 $0
2014 $3,125 $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: 22014365

CHS Regional MLS

APN: 568-11-00-026