NOT LISTED FOR SALE

12 54th Ave Isle of Palms, SC 29451

Estimated Value: $2,095,000 - $4,710,000

5 Beds
5 Baths
4,000 Sq Ft
$931/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $2,500,000 $625 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $23,677/month

33 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • Marble Flooring
  • Cathedral Ceiling

About This Home

As of May 2018

This impeccably designed second row home is a beautiful combination of indoor and outdoor living. Very desirable location with the beach just steps from your front door. Views of the ocean to die for from almost every room. Access to multiple decks to take advantage of the ocean views. The interior design of the home features antique heart pine flooring salvaged from an old South Carolina Mill Factory, living areas on both floors, high end marble bath finishes with glass showers and polished nickel fixtures. Professional grade kitchen including 48'' counter depth refrigerator, 48'' range with double oven and griddle and ice machine. Very little was kept of the original construction. Only a few boards and a few roof trusses remain from the original 1982 structure, basically makingthis a brand new construction with high efficiency features, foam insulation, 18 seer heat pump, new foundation with shower area under house, lots of storage, look out with unique curved steps, 8' doors, marine grade cabling around decks to allow unobstructed views from all decks, metal roof, cement plank siding, new electrical, plumbing, HVAC and tank less hot water heaters. There are two bedrooms on the first floor and three on the second floor. This is truly an amazing Island home. All of this and fantastic pool area. Come take a look, you will not be disappointed!

Last Listed By

Beau Hollingsworth

Salmonsen Realty License #44095 Listed on: 03/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,387

Year Built

  • Built in 2015

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • Cathedral Ceiling
  • Family Room
  • Combination Dining and Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,387

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2015
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.23
  • Subdivision Name: None
  • Directions: Palm Blvd To 54th Turn Right,next Left, House On Left
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Marble, Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Elevator, Eat-in Kitchen, Family, Living/Dining Combo
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Cement Plank
  • Foundation Details: Raised
  • Patio And Porch Features: Deck

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6040900056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Barr Laurence and Barr Vicki
Bought by
Barr Laurence N and Barr Vicki R
Total Days on Market
33
Current Estimated Value
$3,724,973

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 21, 2018
Sold by
Li Yu
Bought by
Barr Laurence and Barr Vicki
Seller's Agent
Beau Hollingsworth
Salmonsen Realty
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$2,000,000
Outstanding Balance
$1,758,340
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$2,400,007

Purchase Details

Closed on
Sep 29, 2016
Sold by
Coker Ii Jackson Ruben
Bought by
Li Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2014
Sold by
Coker Jackson Ruben
Bought by
Coker Ii Jackson Ruben and Li Yu

Purchase Details

Closed on
Jul 31, 2014
Sold by
Westfall Diane B and Westfall Richard O
Bought by
Coker Ii Jackson Ruben

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%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 9, 2011
Sold by
Estate Of Lois M Westfall and Westfall Diane B
Bought by
Westfall Diane B and Westfall Richard O
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
Barr Laurence N -- None Available
Barr Laurence $2,500,000 None Available
Li Yu $588,000 --
Coker Ii Jackson Ruben -- --
Coker Ii Jackson Ruben $775,000 --
Westfall Diane B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barr Laurence $2,000,000
Previous Owner Li Yu $950,000
Previous Owner Coker Ii Jackson Ruben $950,000
Previous Owner Coker Ii Jackson Ruben $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $2,500,000 0.0% $625 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $2,500,000 -- $625 / 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 $34,387 $150,000 $0 $0
2022 $32,431 $150,000 $0 $0
2021 $32,061 $150,000 $0 $0
2020 $31,621 $150,000 $0 $0
2019 $33,301 $150,000 $0 $0
2017 $22,975 $108,000 $0 $0
2016 $9,577 $46,500 $0 $0
2015 $9,119 $46,500 $0 $0
2014 $2,405 $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: 18007758

CHS Regional MLS

APN: 604-09-00-056