NOT LISTED FOR SALE

Estimated Value: $1,634,000 - $2,507,000

4 Beds
3 Baths
2,326 Sq Ft
$834/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $1,639,500 $705 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,121/month

278 Days on Market

Highlights

  • Beach Access
  • Wood Flooring
  • Cottage
  • Sullivans Island Elementary School Rated A
  • High Ceiling
  • Balcony

About This Home

As of March 2024

This is your chance to own a Short Term Rental property just steps away from one of the most popular beaches in the Charleston area. This home is very spacious and has a great rental history. Inside, this professionally decorated, four-bedroom, three-bath home features open spaces for family gatherings including an airy family room, modern kitchen and an inviting dining area. The main floor features a master bedroom and en suite bath and two additional bedrooms joined by a spacious Jack-n-Jill bath. A second private master suite upstairs leads to a spacious balcony. You are just minutes away from downtown Charleston and Mt Pleasant with lots of shopping and restaurants. You will not be disappointed with all this property has to offer.

Last Listed By

Allen Owens

Realty One Group Coastal License #68471 Listed on: 05/17/2023

Realty One Group Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,415

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Raised Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Balcony
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source

Community Details

  • Club Membership Available
  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,415

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1986
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: 9757
  • Co List Office Phone: 843-405-3535
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: From Us-17, Turn Onto Sc-517 S/isle Of Palms Connector. Go 3.8 Miles. Turn Left Onto Palm Blvd. Go 2 Miles. Turn Right To Stay On Palm Blvd. Go 1.1 Mile. Turn Right Onto 57th Ave. Home Is On The Corner Of 57th Ave And Palm Blvd.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Ceiling Fan(s), Eat-in Kitchen, Family, Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre, Level
  • Waterfront Features: Beach Access
  • Construction Type: Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Other Structures: None
  • Patio And Porch Features: Front Porch
  • Property Condition: Pre-Owned

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
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Club Membership Available

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: 6041000017
  • Tax Annual Amount: 15415

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Mar 12, 2024
Sold by
Mcgraw Thomas P
Bought by
Outlandis Corporation
Seller's Agent
Allen Owens
Realty One Group Coastal
Buyer's Agent
Bart Jackson
Carolina One Real Estate
List Price
$1,975,000
Sold Price
$1,639,500
Premium/Discount to List
-$335,500
-16.99%
Total Days on Market
278
Views
256
Current Estimated Value
$1,940,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,855
Avg. Annual Appreciation
15.93%
Original Mortgage
$859,500
Outstanding Balance
$849,318
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,091,037

Purchase Details

Listed on
Jul 9, 2021
Closed on
Oct 14, 2021
Sold by
Adams Todd J
Bought by
Mcgraw Thomas P
Seller's Agent
Mikki Ramey
Healthy Realty LLC
Buyer's Agent
Allen Owens
Realty One Group Coastal
List Price
$1,575,000
Sold Price
$1,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$1,250,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2007
Sold by
Grice Hulett Hamilton and Grice Dina V
Bought by
Adams Todd J and Adams Leslie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 17, 2003
Sold by
Calvert James M
Bought by
Grice Hulett Hamilton and Grice Dina

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
Outlandis Corporation $1,639,500 None Listed On Document
Mcgraw Thomas P $1,575,000 Mccants Law Firm
Adams Todd J $1,250,000 Attorney
Grice Hulett Hamilton $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Outlandis Corporation $859,500
Previous Owner Mcgraw Thomas P $270,000
Previous Owner Mcgraw Thomas P $1,250,000
Previous Owner Adams Todd J $249,000
Previous Owner Adams Todd J $187,500
Previous Owner Adams Todd J $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $1,639,500 -7.8% $705 / Sq Ft
02/01/2024 02/01/24 Price Changed $1,779,000 -1.7% $765 / Sq Ft
11/21/2023 11/21/23 Price Changed $1,810,000 -2.1% $778 / Sq Ft
10/16/2023 10/16/23 Price Changed $1,849,000 -2.6% $795 / Sq Ft
08/10/2023 08/10/23 Price Changed $1,899,000 -2.6% $816 / Sq Ft
07/11/2023 07/11/23 Price Changed $1,950,000 -1.3% $838 / Sq Ft
05/17/2023 05/17/23 For Sale $1,975,000 +25.4% $849 / Sq Ft
11/10/2021 11/10/21 Sold $1,575,000 0.0% $677 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $1,575,000 -- $677 / 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 $16,366 $70,880 $0 $0
2022 $15,415 $70,880 $0 $0
2021 $12,232 $56,730 $0 $0
2020 $12,065 $56,730 $0 $0
2019 $11,066 $49,330 $0 $0
2017 $10,574 $49,330 $0 $0
2016 $10,151 $49,330 $0 $0
2015 $9,666 $49,330 $0 $0
2014 $8,831 $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: 23010920

CHS Regional MLS

APN: 604-10-00-017