NOT LISTED FOR SALE

Estimated Value: $1,556,000 - $4,461,000

4 Beds
4.5 Baths
3,993 Sq Ft
$753/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $4,600,000 $1,152 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $21,829/month

34 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Waterfront
  • Sullivans Island Elementary School Rated A
  • Above Ground Pool
  • Deck

About This Home

As of August 2023

PRICE REDUCED AND INCLUDES 30' MARINA BOAT SLIP! Looking for an absolute masterpiece in construction and design, with ever changing Isle Of Palms waterviews, and a stroll to stunning beaches? This brand new home with elevated POOL has been designed and built to an exceptional standard with a Bahamian beach home influence. Imagine a wall of glass doors that open & 'disappear' between your dream kitchen and pool allowing for a truly unique entertaining experience. Barrow Building Group & Interiors is a high quality local family business. This beautifully crafted home has exquisite fixtures, and is a must see for the ultimate island living experience. ENJOY ISLE OF PALMS LIFESTYLE BY 4th JULY! Love where you live in one of IOP's finest homes and locations.

Last Listed By

Belinda Hodgson

Lois Lane Properties License #126700 Listed on: 05/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,831

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Waterfront
  • Wood Fence
  • Irrigation

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Wood Roof

Interior Spaces

  • 3,993 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Stubbed Gas Line For Fireplace
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Built by Barrow Building Group

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,831

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2023
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.21
  • Subdivision Name: None
  • Directions: From Charleston - Rte 17, Coleman Blvd To Ben Sawyer Blvd (703) Over The Ben Sawyer Memorial Bridge To Sullivan's Island. Left On Jasper Blvd Over The H L Hunley Bridge. Pass The Boathouse Restaurant And Boat Slips On Left, And Take 2nd Ave On Right. House On The Corner.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Appraiser
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Connection, Living Room, Other (Use Remarks), Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Wet Bar, Bonus, Eat-in Kitchen, Great, Living/Dining Combo, Media, Office, Pantry, Utility
  • Master Bedroom Features: Multiple Closets, Walk-In Closet(s)

Exterior Features

  • Roof: Wood
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre
  • Pool Features: Pool - Elevated
  • Pool Private: Yes
  • Waterfront Features: Waterfront - Deep
  • Waterfront: Yes
  • Builder Name: Barrow Building Group
  • Construction Type: See Remarks
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised
  • Other Structures: None
  • Patio And Porch Features: Deck, Patio, Porch - Full Front
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5680900012

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Jul 31, 2023
Sold by
120 Palm Iop Llc
Bought by
Binnie John
Seller's Agent
Belinda Hodgson
Lois Lane Properties
Buyer's Agent
Ruthie Ravenel
Daniel Ravenel Sotheby's International Realty
List Price
$5,295,000
Sold Price
$4,600,000
Premium/Discount to List
-$695,000
-13.13%
Total Days on Market
34
Views
74
Current Estimated Value
$3,008,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,591,500
Avg. Annual Appreciation
-22.99%
Original Mortgage
$2,000,000
Interest Rate
6.71%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 16, 2020
Closed on
Oct 12, 2020
Sold by
Kah Llc
Bought by
120 Palm Iop Llc
Seller's Agent
Rick Horger
Corcoran HM Properties
Buyer's Agent
Rick Horger
Corcoran HM Properties
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.57%

Purchase Details

Listed on
Aug 3, 2015
Closed on
Jun 8, 2016
Sold by
Leopold Catherine Goss
Bought by
Kah Llc
Seller's Agent
Andrea Rogers
AgentOwned Realty Preferred Group
Buyer's Agent
Jim Covington
AgentOwned Realty Preferred Group
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
Nov 18, 2009
Sold by
Dooley David S
Bought by
Leopold Catherine Goss

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
Binnie John $4,600,000 None Listed On Document
120 Palm Iop Llc $750,000 None Available
Kah Llc $675,000 --
Leopold Catherine Goss -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Binnie John $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $4,600,000 -4.1% $1,152 / Sq Ft
06/15/2023 06/15/23 Price Changed $4,795,000 -4.0% $1,201 / Sq Ft
05/31/2023 05/31/23 Price Changed $4,995,000 -5.7% $1,251 / Sq Ft
05/17/2023 05/17/23 For Sale $5,295,000 +606.0% $1,326 / Sq Ft
10/16/2020 10/16/20 Sold $750,000 0.0% --
10/16/2020 10/16/20 For Sale $750,000 +11.1% --
06/08/2016 06/08/16 Sold $675,000 0.0% --
05/09/2016 05/09/16 Pending -- -- --
08/03/2015 08/03/15 For Sale $675,000 -- --
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 $60,831 $44,940 $0 $0
2022 $9,737 $44,940 $0 $0
2021 $9,779 $45,000 $0 $0
2020 $8,075 $37,500 $0 $0
2019 $9,157 $40,500 $0 $0
2017 $8,748 $40,500 $0 $0
2016 $4,605 $21,780 $0 $0
2015 $4,384 $21,780 $0 $0
2014 $4,814 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: CHS Regional MLS

MLS Number: 23010711

CHS Regional MLS

APN: 568-09-00-012