16 Chapman Ave Isle of Palms, SC 29451
Estimated Value: $1,477,000 - $1,700,000
4
Beds
2.5
Baths
1,747
Sq Ft
$896/Sq Ft
Est. Value
Highlights
- Marina
- Boat Ramp
- Traditional Architecture
- Sullivans Island Elementary School Rated A
- RV Parking in Community
- Great Room
About This Home
As of March 2024Beautiful IOP cottage that was raised up, completely gutted to the studs, and added onto in 2018 making this effectively only about a 5 year old house! The property itself is huge at over a third of an acre, and it is just a block or two away from the Isle of Palms Rec. Center! Perfectly located near the back of the island, you are away from all of the beach traffic, and it's a short golf cart ride down to the IOP Marina, Islander 71, and to the beach! The interior has a very nice, open floor plan, modern kitchen with beautiful cabinets and counter-tops, and the master suite is private from the rest of the house and has access out to the back porch. There is a covered shed in the back yard that is perfect for oyster roasts and fish frys, and it has electrical hookups to power an RV ifneeded. There is also off-street parking for a couple of cars as well as covered parking under the house for at least 4 more cars in addition to a large storage room. This house would make the perfect primary home for a family looking to move to the island and take advantage of the school district, and/or a great second-home, beach getaway with all the modern conveniences of a practically new house!!
Last Agent to Sell the Property
East Islands Real Estate License #13214 Listed on: 09/02/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,752
Year Built
- Built in 1968
Lot Details
- 0.35 Acre Lot
- Partially Fenced Property
Parking
- 4 Car Garage
- Off-Street Parking
Home Design
- Traditional Architecture
- Raised Foundation
- Cement Siding
Interior Spaces
- 1,747 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Ceiling Fan
- Great Room
- Exterior Basement Entry
- Laundry Room
Kitchen
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Dual Closets
Outdoor Features
- Covered patio or porch
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Central Air
- Heat Pump System
- Septic Tank
Community Details
Overview
- Isle Of Palms Subdivision
- RV Parking in Community
Recreation
- Boat Ramp
- Marina
- Tennis Courts
- Park
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2023
Closed on
Mar 25, 2024
Sold by
Leydic Katy N
Bought by
Goodlett Lisa Marie
Seller's Agent
Ashley Haynes
East Islands Real Estate
Buyer's Agent
Andrea Rogers
AgentOwned Realty Preferred Group
List Price
$1,875,000
Sold Price
$1,500,000
Premium/Discount to List
-$375,000
-20%
Total Days on Market
166
Views
93
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
$65,964
Avg. Annual Appreciation
3.59%
Original Mortgage
$1,200,000
Outstanding Balance
$1,188,386
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$377,578
Purchase Details
Closed on
Jan 29, 2021
Sold by
Muhlig Sally D and Muhlig Sally S
Bought by
Leydic Kathy N
Purchase Details
Listed on
Mar 11, 2017
Closed on
Apr 20, 2017
Sold by
Selby Jophn B
Bought by
Leydic Katy N and Muhlig Sully S
Seller's Agent
Angela Jones
The Jones Company Real Estate
List Price
$499,000
Sold Price
$492,000
Premium/Discount to List
-$7,000
-1.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%
Original Mortgage
$393,600
Interest Rate
3.97%
Mortgage Type
New Conventional
Similar Homes in Isle of Palms, SC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goodlett Lisa Marie | $1,500,000 | South Carolina Title | |
| Leydic Kathy N | -- | None Available | |
| Leydic Katy N | $492,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goodlett Lisa Marie | $1,200,000 | |
| Previous Owner | Leydic Katy N | $587,000 | |
| Previous Owner | Leydic Katy N | $393,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2024 03/26/24 | Sold | $1,500,000 | -11.7% | $859 / Sq Ft |
| 01/10/2024 01/10/24 | Price Changed | $1,699,000 | -2.9% | $973 / Sq Ft |
| 10/07/2023 10/07/23 | Price Changed | $1,750,000 | -6.7% | $1,002 / Sq Ft |
| 09/05/2023 09/05/23 | For Sale | $1,875,000 | +281.1% | $1,073 / Sq Ft |
| 05/05/2017 05/05/17 | Sold | $492,000 | -1.4% | $375 / Sq Ft |
| 03/13/2017 03/13/17 | Pending | -- | -- | -- |
| 03/11/2017 03/11/17 | For Sale | $499,000 | -- | $380 / 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 | $1,752 | $20,850 | $0 | $0 |
| 2022 | $1,717 | $20,850 | $0 | $0 |
| 2021 | $1,917 | $21,850 | $0 | $0 |
| 2020 | $1,988 | $21,850 | $0 | $0 |
| 2019 | $2,092 | $22,600 | $0 | $0 |
| 2017 | $4,841 | $22,210 | $0 | $0 |
| 2016 | $4,651 | $22,210 | $0 | $0 |
| 2015 | $4,426 | $22,210 | $0 | $0 |
| 2014 | $4,636 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Haynes
A
Seller's Agent in 2024
Ashley Haynes
East Islands Real Estate
(843) 886-8114
20 in this area
66 Total Sales
-
Andrea Rogers
Buyer's Agent in 2024
Andrea Rogers
AgentOwned Realty Preferred Group
(843) 532-3010
31 in this area
136 Total Sales
-
Angela Jones
A
Seller's Agent in 2017
Angela Jones
The Jones Company Real Estate
(843) 670-9300
12 in this area
28 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 23020241
APN: 571-06-00-028
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