NOT LISTED FOR SALE

202 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $5,453,000 - $8,258,388

5 Beds
7 Baths
5,194 Sq Ft
$1,353/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $3,750,000 $722 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $42,341/month

179 Days on Market

Highlights

  • Beach Front
  • Spa
  • Deck
  • Sullivans Island Elementary School Rated A
  • 1.1 Acre Lot
  • Traditional Architecture

About This Home

As of May 2015

One of the best beachfront locations in Charleston! The floor plan takes full advantage of spectacular views and perfect for a vacation retreat, weekend get-away, family residence or rental property. The living areas high ceilings and open kitchen have panoramic windows, facing the ocean pouring natural sunlight in. Views from this home to the North are Isle of Palms and to the South a view of Sullivan's Island and Morris Island. Porches galore to capture the views and enjoy a great hot tub and Lowcountry sunsets that will amaze and delight the senses.The home is approved and licensed for seasonal rentals.Enjoy a private boardwalk only steps from the unspoiled and inviting beachfront, one of the best locations on Isle of Palms. The first floor main living area consists of a large, well-equipped gourmet kitchen with 2 Sub-Zero Thermador refrigerator/freezers, a 6 burner commercial gas range with double oven, griddle & grill, trash compactor, dishwasher, built-in microwave, and a wet bar with icemaker and mini fridge. An extra long island and center prep area accommodates multiple stools. A separate breakfast area boasts spectacular ocean views.

A spacious living room, with plenty of comfortable seating, commands a breathtaking, two story ocean view. The large butler's pantry and laundry room provide for ample storage. The cozy game room/bedroom features an ocean view, gas fireplace. There is also an inviting bedroom suite with private bath including an antique style tub and separate shower. Another full bath serves the first level. The second floor features an oversized, oceanfront Master Suite, large walk-in closet. The views from the bedroom and private porch are fantastic! The large, private master bath has a double vanity, Whirlpool garden tub and walk-in shower. There are also two ocean view bedrooms and private baths with large showers. Each having access to the expansive ocean front porch.

The garage space has plenty of storage and a hot water outdoor shower and two dressing rooms to accommodate such close proximity to the ocean!

Additional Highlights: 3 powerful AC units keep this home cool in the summer months, 3-level Elevator, Hurricane/Storm Shutters. Brick, hard wood and carpet floors throughout this home. Hot Spring Grandee Hot Tub overlooking ocean.

Last Agent to Sell the Property

Betty Gales

EXP Realty LLC License #10722 Listed on: 10/24/2014

EXP Realty LLC

Last Buyer's Agent

Eve Olasov

Luxury Land and Homes Inc License #21912

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,611

Year Built

  • Built in 1993

Lot Details

  • 1.1 Acre Lot
  • Beach Front

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 5,194 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Wood Flooring
  • Exterior Basement Entry

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Garden Bath

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • Spa
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,611

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1993
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 1.1
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Ocean Front On Isle Of Palms. Turn Onto 3rd Street And Head South On Ocean Blvd.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub/Spa
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s)
  • Window Features: Storm Window(s), Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Fiberglass
  • Lot Features: 1 - 2 Acres
  • Waterfront Features: Beach Front, Waterfront - Shallow
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Elevator Shaft
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio, Covered, Porch - Full Front, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Dryer Connection
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 47916
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5680900162
  • Tax Annual Amount: 30611.24

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2014
Closed on
May 26, 2015
Sold by
Malanuk Robert
Bought by
Kswool Llc
Seller's Agent
Betty Gales
EXP Realty LLC
Buyer's Agent
Eve Olasov
Luxury Land and Homes Inc
List Price
$4,240,000
Sold Price
$3,750,000
Premium/Discount to List
-$490,000
-11.56%
Total Days on Market
179
Current Estimated Value
$7,025,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,275,129
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Nov 20, 2003
Sold by
Malanuk Mary M
Bought by
Malanuk Mary M and Mary M Malanuk Revocable Trust

Purchase Details

Closed on
Aug 25, 2000
Sold by
Barnes Margaret A
Bought by
Malanuk Robert and Malanuk Mary M
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
Kswool Llc $3,750,000 --
Malanuk Mary M -- --
Malanuk Robert $1,044,808 --
Malanuk Robert $1,935,191 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $3,750,000 -11.6% $722 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $4,240,000 -- $816 / 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 $60,694 $265,500 $0 $0
2022 $57,271 $265,500 $0 $0
2021 $56,616 $265,500 $0 $0
2020 $55,838 $265,500 $0 $0
2019 $49,866 $225,000 $0 $0
2017 $47,705 $225,000 $0 $0
2016 $45,777 $225,000 $0 $0
2015 $31,874 $164,280 $0 $0
2014 -- $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: 14027956

CHS Regional MLS

APN: 568-09-00-162