NOT LISTED FOR SALE

1006 Carolina Blvd Isle of Palms, SC 29451

Estimated Value: $3,269,000 - $3,739,221

8 Beds
7 Baths
4,080 Sq Ft
$875/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $1,500,000 $368 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $20,665/month

248 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Wood Flooring
  • Sullivans Island Elementary School Rated A
  • Contemporary Architecture
  • Laundry Room

About This Home

As of April 2019

The ultimate beach rental investment with an income of over $170,000 in 2017. This home is central to nightlife, the beach and access on and off the island. The floors are all reclaimed heart pine throughout with tile floors in baths. Home is being sold completely furnished and has a built in clientele. Elevator, in-ground pool, granite counter top in open great-room with fireplace. If one wants a rental investment, this is the perfect home to buy. Home has a rental license for 18 guests, one cannot get that today, this is grand fathered in. Upper floor sun deck has views looking out to the Atlantic and to the IOP connector. Home can only be shown on Saturdays during the busy summer rental period.

Last Agent to Sell the Property

Jimmy Carroll

Carroll Realty License #5540 Listed on: 06/22/2018

Co-Listed By

Winslow Carroll

Dunes Properties of Chas Inc License #97652

Last Buyer's Agent

Dora McGillis

Harbourtowne Real Estate License #47331

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,169

Year Built

  • Built in 2006

Lot Details

  • 6,098 Sq Ft Lot
  • Privacy Fence

Home Design

  • Contemporary Architecture
  • Charleston Architecture
  • Raised Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 4,080 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck

Schools

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

Utilities

  • No Cooling
  • Heating Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,169

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Charleston Single, Contemporary
  • Year Built: 2006
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: 1046
  • Co List Office Phone: 843-886-9600
  • Subdivision Name: None
  • Directions: From Iop Connector. Take Right Onto Palm Blvd, Then Left Onto Carolina Blvd. Behind Post Office.
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Elevator, Garden Tub/Shower, Kitchen Island, Ceiling Fan(s), Living/Dining Combo, Utility
  • Window Features: Window Treatments

Exterior Features

  • Roof: Architectural
  • Fencing: Privacy
  • Lot Features: 0 - .5 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Cement Siding
  • Foundation Details: Raised
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Attached

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681100302
  • Tax Annual Amount: 15168.82

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Mar 29, 2019
Sold by
Holmes Coletta M Basha
Bought by
Twinpalms Iop Llc
Seller's Agent
Jimmy Carroll
Carroll Realty
Buyer's Agent
Dora McGillis
Harbourtowne Real Estate
List Price
$1,500,000
Sold Price
$1,500,000
Total Days on Market
248
Current Estimated Value
$3,568,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,068,555
Avg. Annual Appreciation
15.00%
Original Mortgage
$1,113,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2003
Sold by
Suncoast Properties Of South Carolina Ll
Bought by
Holmes Colette M Basha

Purchase Details

Closed on
Jun 5, 2003
Sold by
Pavilion Development Corp
Bought by
Holmes Colette M Basha
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
Twinpalms Iop Llc $1,500,000 None Available
Holmes Colette M Basha -- --
Holmes Colette M Basha $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twinpalms Iop Llc $1,138,000
Closed Twinpalms Iop Llc $1,113,750
Previous Owner Holmes Colette M Basha $700,000
Previous Owner Holmes Colette M Basha $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $1,500,000 0.0% $368 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
06/22/2018 06/22/18 For Sale $1,500,000 -- $368 / 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 $20,721 $90,000 $0 $0
2022 $19,527 $90,000 $0 $0
2021 $19,305 $90,000 $0 $0
2020 $19,041 $90,000 $0 $0
2019 $15,868 $71,070 $0 $0
2017 $15,169 $71,070 $0 $0
2016 $14,560 $71,070 $0 $0
2015 $13,866 $71,070 $0 $0
2014 $11,692 $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: 18017746

CHS Regional MLS

APN: 568-11-00-302