NOT LISTED FOR SALE

1140 Ocean Blvd Unit 205 Isle of Palms, SC 29451

Estimated Value: $1,257,000 - $1,813,000

3 Beds
3 Baths
1,504 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold November 28, 2019

Last sale price $840,000 $559 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,196/month

13 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Covered Patio or Porch
  • Sullivans Island Elementary School Rated A
  • High Ceiling
  • 3-minute walk to Isle of Palms County Park

About This Home

As of November 2019

BEACHFRONT INVESTMENT OPPORTUNITY! This second floor, 3 Bedroom, 3 Bath, 1600+sf, Beachfront condo, is a rare find! With fantastic views of the Atlantic & located within steps of Restaurants & shops on the Isle of Palms, you'll need to schedule a Showing today! This Unit is currently under a rental program with Wyndham Vaction Rentals.

Last Agent to Sell the Property

Bryan Mceachern

The Boulevard Company License #76395 Listed on: 10/04/2019

The Boulevard Company

Last Buyer's Agent

Tim Haas

32 South Properties, LLC License #74686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,268

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • Irrigation

Parking

  • Off-Street Parking

Home Design

  • Raised Foundation
  • Built-Up Roof
  • Cement Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Dishwasher
  • Stacked Washer and Dryer

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

Amenities

  • Elevator

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,268

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: None
  • Directions: Iop Connector To Four Way Light. Go Through Light. Road Will Curve Sharply To Right And Put You On Ocean Blvd. 1140 Ocean Is The Second Complex On The Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Condo Regime, Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Walk-In Closet(s), Ceiling Fan(s)
  • Window Features: Storm Window(s)
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)

Exterior Features

  • Roof: Built-Up
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Covered
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Attached, Off Street, Other (Use Remarks)

Utilities

  • Cooling: Central Air
  • 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: Elevators, Pool, Trash

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681100284
  • Tax Annual Amount: 7267.93

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Nov 21, 2019
Sold by
1140 Ocean Blvd Llc
Bought by
Lyon Robert E and Lyon Cynthia A
Seller's Agent
Bryan Mceachern
The Boulevard Company
Buyer's Agent
Tim Haas
32 South Properties, LLC
List Price
$840,000
Sold Price
$840,000
Current Estimated Value
$1,563,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,747
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Nov 21, 2007
Sold by
Schoolfield Matthew B
Bought by
1140 Ocean Blvd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,382
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2007
Sold by
Schoolfield Matthew B and Schoolfield Jennifer Robinson
Bought by
1140 Ocean Blvd Llc

Purchase Details

Closed on
Jan 12, 2006
Sold by
Barnes Terry S and Eldridge Joan M
Bought by
Schoolfield Matthew B and Schoolfield Jennifer Robinson

Purchase Details

Closed on
Jun 30, 2000
Sold by
Strom Timothy A and Hampton Painter R
Bought by
Barnes Terry S and Eldridge Joan M

Purchase Details

Closed on
Jan 5, 2000
Sold by
Barnes Terry S and Eldridge Joan M
Bought by
Endris Hugo A and Endris Janet E
Source: Public Records

Range of Values:

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Average Value
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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
Lyon Robert E $840,000 None Available
1140 Ocean Blvd Llc -- Attorney
Schoolfield Matthew B -- Attorney
1140 Ocean Blvd Llc -- None Available
Schoolfield Matthew B $1,000,000 None Available
Barnes Terry S $550,000 --
Strom Timothy A $340,800 --
Endris Hugo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schoolfield Matthew B $852,382
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2019 11/28/19 Sold $840,000 0.0% $559 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $840,000 -- $559 / 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
2024 $11,155 $48,000 $0 $0
2023 $11,155 $48,000 $0 $0
2022 $10,494 $48,000 $0 $0
2021 $10,376 $48,000 $0 $0
2020 $10,235 $48,000 $0 $0
2019 $7,407 $32,760 $0 $0
2017 $7,071 $32,760 $0 $0
2016 $6,791 $32,760 $0 $0
2015 $6,464 $32,760 $0 $0
2014 $7,148 $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: 19028075

CHS Regional MLS

APN: 568-11-00-284