NOT LISTED FOR SALE

1140 Ocean Blvd Unit 208 Isle of Palms, SC 29451

Estimated Value: $1,991,000 - $2,402,481

4 Beds
3 Baths
1,975 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,720,000 $871 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $13,416/month

68 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Balcony
  • Sullivans Island Elementary School Rated A
  • Elevator
  • 3-minute walk to Isle of Palms County Park

About This Home

As of December 2021

You cannot beat this location -- on the Front Beach! This beautiful 4BR/3BA oceanfront condo has been completely renovated to include all new flooring throughout the condo; new appliances; kitchen countertops; cabinets; shiplap the entire living room, dining room, main entrance, main corridor; new paint throughout the entire condo; restructured master bath and added stand up shower, dual vanity; renovated all bathrooms; added bar nook off dining room; replaced all light fixtures & fans; all new furnishings; entire building and patios painted in 2020. All furnishings are brand new. A large balcony overlooking the beach and ocean can be accessed from the family room and from the master bedroom. Wake up to watch the sun rise over the ocean from your bed!The condo sits in the heart of IOP within walking distance of Front Beach restaurants, bars, shops, the beach, etc. The building has its own beach access and a large pool for residents. Regime fee covers grounds, pool, and exterior building maintenance; water and sewer; trash pickup; pest control; and property liability and flood insurance. This is a great investment opportunity. Currently they have 142K on the books for 2021 and expect to wrap up the year at approx 150K in gross rents.

Last Agent to Sell the Property

Andrea Rogers

AgentOwned Realty Preferred Group License #65464 Listed on: 08/24/2021

AgentOwned Realty Preferred Group

Last Buyer's Agent

Virginia Landon

The Boulevard Company License #107260

The Boulevard Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,963

Year Built

  • Built in 2000

Lot Details

  • Beach Front

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Raised Foundation
  • Cement Siding

Interior Spaces

  • 1,975 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • No Heating

Community Details

Recreation

  • Community Pool

Additional Features

  • Isle Of Palms Subdivision
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,963

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Attached
  • Ownership: Condominium
  • Subdivision Name: Isle of Palms
  • Directions: Take The Iop Connector To The Island And Cross Palm Blvd To Get Onto 14th Ave. Turn Right Onto Ocean Blvd. Building Is On The Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Condo Regime, Condominium
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: Ceiling - Smooth, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Living/Dining Combo, In-Law Floorplan
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Outside Access
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front, Waterfront - Deep
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Patio And Porch Features: Patio
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Off Street, Other (Use Remarks)
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: No
  • 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: Moultrie

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681100287
  • Tax Annual Amount: 11962.72

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Apr 28, 2020
Sold by
Poston Living Trust Poston Living Trust
Bought by
Lop Investments Llc
Seller's Agent
Steve Smith
Carolina One Real Estate
Buyer's Agent
Steve Smith
Carolina One Real Estate
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Current Estimated Value
$2,247,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,247,494
Avg. Annual Appreciation
15.96%
Original Mortgage
$700,000
Outstanding Balance
$620,297
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$1,627,197

Purchase Details

Closed on
Jan 15, 2018
Sold by
Poston Poston E and Poston Robi
Bought by
Poston Robi and Brewer John Newton

Purchase Details

Closed on
Sep 5, 2014
Sold by
Orberson Jeffrey M and Franklin Jackson J
Bought by
Poston E Delance

Purchase Details

Closed on
Jan 21, 2009
Sold by
Us Bank National Association
Bought by
Orberson Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2008
Sold by
Williamson Donna Pollard
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 20, 2006
Sold by
Dola Properties Llc
Bought by
Williamson Donna Pollard and Strickland Lawrence M

Purchase Details

Closed on
Dec 15, 2005
Sold by
Williamson Donna E and Strickland Lawrence M
Bought by
Dola Properties Llc

Purchase Details

Closed on
Jun 28, 2005
Sold by
Salmonsen Charles E and Cumins Mark J
Bought by
Williamson Donna E and Strickland Lawrence M

Purchase Details

Closed on
Apr 29, 2002
Sold by
Linville Richard E and Linville Sandra B
Bought by
Salmonsen Charles E and Cumins Mark J

Purchase Details

Closed on
Jun 30, 2000
Sold by
1140 Ocean Boulevard Llc
Bought by
Linville Richard E and Linville Sandra B
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
Lop Investments Llc $1,000,000 None Available
Poston Robi -- None Available
Poston E Delance $815,000 --
Orberson Jeffrey M $700,000 --
Us Bank Na $2,500 --
Williamson Donna Pollard -- None Available
Dola Properties Llc -- None Available
Williamson Donna E $1,125,000 --
Salmonsen Charles E $685,000 --
Linville Richard E $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lop Investments Llc $700,000
Previous Owner Orberson Jeffrey M $560,000
Closed Williamson Donna Pollard --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold $1,720,000 0.0% $871 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $1,720,000 +72.0% $871 / Sq Ft
04/29/2020 04/29/20 Sold $1,000,000 -20.0% $506 / Sq Ft View Prior Sale
03/31/2020 03/31/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $1,250,000 -- $633 / 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 $17,851 $77,400 $0 $0
2023 $17,851 $77,400 $0 $0
2022 $22,366 $103,200 $0 $0
2021 $12,927 $60,000 $0 $0
2020 $11,963 $56,240 $0 $0
2019 $10,971 $48,900 $0 $0
2017 $10,483 $48,900 $0 $0
2016 $10,064 $48,900 $0 $0
2015 $9,582 $48,900 $0 $0
2014 $8,909 $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: 21023255

CHS Regional MLS

APN: 568-11-00-287