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
Highlights
- In Ground Pool
- Two Primary Bedrooms
- Traditional Architecture
- Sullivans Island Elementary School Rated A
- Deck
- Wood Flooring
About This Home
As of March 2018Just 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
Brand Name Real Estate License #50864 Listed on: 11/27/2017
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
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
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
Similar Homes in Isle of Palms, SC
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Meg Kandik
M
Seller's Agent in 2018
Meg Kandik
Brand Name Real Estate
(843) 603-4659
59 Total Sales
-
Zachary Bennett
Z
Seller Co-Listing Agent in 2018
Zachary Bennett
Bennett Construction & Realty
12 Total Sales
-
Charles Baarcke
Buyer's Agent in 2018
Charles Baarcke
The Cassina Group
(843) 991-3337
1 in this area
43 Total Sales
-
Robertson Allen
R
Seller's Agent in 2016
Robertson Allen
The Cassina Group
(843) 442-6534
8 in this area
167 Total Sales
-
Judd Borders
J
Buyer's Agent in 2016
Judd Borders
Dunes Properties of Chas Inc
(843) 886-5600
6 in this area
11 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 17031544
APN: 571-12-00-089
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