NOT LISTED FOR SALE

12 41st Ave Isle of Palms, SC 29451

Estimated Value: $3,246,000 - $3,875,000

6 Beds
6.5 Baths
4,518 Sq Ft
$792/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $1,530,000 $339 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $21,828/month

87 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2018

Just steps away from public beach access, this enormous 4518 sqft home that currently sleeps 18 (permitted) with 6 bedrooms and 6.5 bathrooms is one of the best deals on IOP! No detail was spared in this custom elevated home built in 2008. You'll love the knotty pine flooring throughout (less baths and laundry), 10' coffered ceilings, 8' doors, gas fireplace, built-in bookshelves, wet bar with wine cooler, gourmet kitchen, heated enclosed salt water pool, screen porch, two rooftop decks, elevator, private bathrooms for each bedroom and more. You'll love the location as it's also just down from every amenity you could dream of: restaurants, marina, golf, tennis, private club and more! This home is consistentlybooked on the weekly rental market (generating six figures in gross rental income) and that information is available upon request.

Last Agent to Sell the Property

Meg Kandik

Brand Name Real Estate License #50864 Listed on: 11/27/2017

Co-Listed By

Zachary Bennett

Bennett Construction & Realty License #87715

Last Buyer's Agent

Charles Baarcke

The Cassina Group License #44824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,728

Year Built

  • Built in 2008

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Interior Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 4,518 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Beamed Ceilings
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Double Master Bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Garden Bath

Accessible Home Design

  • Adaptable For Elevator

Pool

  • In Ground Pool
  • Above Ground Pool

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,728

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2008
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Co List Office Mls Id: 9368
  • Co List Office Phone: 404-401-6063
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Iop Connector To Lt Onto Palm Blvd; Palm Blvd Turns Into 41st Near Wild Dunes; Home On Rt
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Family, Entrance Foyer, Great, In-Law Floorplan, Pantry, Separate Dining
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Dual Masters, Garden Tub/Shower, Multiple Closets
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Partial
  • Lot Features: Interior Lot, Level
  • Pool Features: Above Ground, In Ground
  • Pool Private: Yes
  • Construction Type: Cement Plank
  • Exterior Features: Elevator Shaft
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Covered, Front Porch, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5711200089

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Mar 21, 2018
Sold by
Garrett Hospitality Llc
Bought by
Smith Smith E and Smith Irene D
Seller's Agent
Meg Kandik
Brand Name Real Estate
Buyer's Agent
Charles Baarcke
The Cassina Group
List Price
$1,599,000
Sold Price
$1,530,000
Premium/Discount to List
-$69,000
-4.32%
Total Days on Market
87
Current Estimated Value
$3,579,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,049,510
Avg. Annual Appreciation
12.49%

Purchase Details

Closed on
May 18, 2017
Sold by
Garrett Mary Beth
Bought by
Garrett Hospitality Llc

Purchase Details

Listed on
Mar 4, 2015
Closed on
Feb 17, 2016
Sold by
Banish William P and Burroughs Shane M
Bought by
Garrett Mary Beth
Seller's Agent
Robertson Allen
The Cassina Group
Buyer's Agent
Judd Borders
Dunes Properties of Chas Inc
List Price
$1,325,000
Sold Price
$1,325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$1,325,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2011
Sold by
Rockwood Construction Inc
Bought by
Banish William P and Burrough Shane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2007
Sold by
Cox Ronald E and Lewis Barbara S
Bought by
Rockwood Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2007
Sold by
Mercier Ronald J and Mercier Elizabeth A
Bought by
Cox Ronald E and Lewis Barbara S

Purchase Details

Closed on
Sep 30, 2002
Sold by
Warley Susannah Barnwell
Bought by
Mercier Elizabeth A and Mercier Ronald J
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
Smith Smith E $1,530,000 None Available
Garrett Hospitality Llc -- None Available
Garrett Mary Beth $1,325,000 --
Banish William P $1,000,000 --
Rockwood Construction Inc $760,000 Attorney
Cox Ronald E $765,000 None Available
Mercier Elizabeth A $346,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garrett Mary Beth $1,325,000
Previous Owner Banish William P $800,000
Previous Owner Banish William P $800,000
Previous Owner Rockwood Construction Inc $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $1,530,000 -4.3% $339 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $1,599,000 +20.7% $354 / Sq Ft
02/18/2016 02/18/16 Sold $1,325,000 0.0% $293 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
03/04/2015 03/04/15 For Sale $1,325,000 -- $293 / 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 $21,728 $94,420 $0 $0
2022 $20,478 $94,420 $0 $0
2021 $20,245 $94,420 $0 $0
2020 $19,968 $94,420 $0 $0
2019 $17,730 $79,500 $0 $0
2017 $16,951 $79,500 $0 $0
2016 $14,140 $69,000 $0 $0
2015 $13,466 $69,000 $0 $0
2014 $11,355 $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: 17031544

CHS Regional MLS

APN: 571-12-00-089