$5,717,250
SOLD NOV 15, 2017

2402 Palm Blvd Isle of Palms, SC 29451

7 Beds
9 Baths
6,100 Sq Ft
1.2 Acres

Recently Sold

$937 Per Sq Ft

101 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • In Ground Pool
  • Sullivans Island Elementary School Rated A
  • Newly Remodeled
  • Two Primary Bedrooms

About This Home

As of June 2021

Framed between a 100 year old live olkand stunning native palms, renowned architect, Carl McCants boasts unobstructed panoramic Atlantic Ocean views. Situated on the most stable stretch of of beach with no erosion issues, this IOP home has 6 BRS , library/study/7thBR, walk in wine cooler, and 600 sq. foot veranda w/fireplace.Custom carpentry and shiplap walls prevail throughout. Appliances included 48 inch Wolf gas range,Sub-Zero Refrigerator/ Freezer, elevator that opens to entry and also pantry. Metal roof, outdoor living area w/fireplace, oceanfront master on main living level and a spectacular 2nd floor master with vaulted ceilings and panoramic views of the Atlantic Ocean.

Last Agent to Sell the Property

Edy Mimms

Charlestowne Real Estate License #58422 Listed on: 06/29/2017

Co-Listed By

James Miles

AgentOwned Realty Preferred Group License #75303

Last Buyer's Agent

Sandy Murphy

Wild Dunes Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,567

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 1.2 Acre Lot
  • Beach Front
  • Well Sprinkler System

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Charleston Architecture
  • Raised Foundation
  • Metal Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 6,100 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Thermal Windows
  • Insulated Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Home Theater
  • Home Office
  • Sun or Florida Room
  • Utility Room with Study Area
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Double Master Bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,567

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Charleston Single, Contemporary, Craftsman
  • Year Built: 2017
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 1.2
  • Co List Office Mls Id: 8925
  • Co List Office Phone: 843-530-8100
  • Subdivision Name: None
  • Directions: Iop Connector, Left On Palm, 2402 On Rt.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 3
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Spa Features: Community
  • Appliances: Dishwasher, Dryer, Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Gas Log, Two, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Other, Stone, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Living/Dining Combo, Media, In-Law Floorplan, Office, Pantry, Study, Sun
  • Window Features: Storm Window(s), Thermal Windows/Doors
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Garden Tub/Shower, Multiple Closets, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower,Upper

Exterior Features

  • Roof: Metal
  • Lot Features: 1 - 2 Acres
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Cement Plank, Wood Siding
  • Exterior Features: Lawn Well
  • Foundation Details: Raised
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: No
  • Parking Features: 4 Car Garage, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Storage, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 52272
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710900230

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
May 28, 2021
Sold by
Schwartz Steven Drew and Schwartz Donna Carol
Bought by
Kraeling Brett B and The Brett B Kraeling Revocable
Seller's Agent
James Miles
AgentOwned Realty Preferred Group
Buyer's Agent
Donna Webb
The Boulevard Company
List Price
$7,270,000
Sold Price
$7,270,000
Total Days on Market
101
Current Estimated Value
$7,604,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,802
Avg. Annual Appreciation
1.12%
Original Mortgage
$4,725,500
Outstanding Balance
$4,335,641
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$3,269,161

Purchase Details

Closed on
Jan 4, 2019
Sold by
Keljess Holdings Llc
Bought by
Schwartz Steven Drew and Schwartz Donna Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 29, 2017
Closed on
Nov 17, 2017
Sold by
Schwartz Steven Drew and Schwartz Donna Carol
Bought by
Keljess Holdings Llc
Seller's Agent
Edy Mimms
Charlestowne Real Estate
Buyer's Agent
Sandy Murphy
Wild Dunes Real Estate, LLC
List Price
$5,717,250
Sold Price
$5,717,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$4,287,937
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 29, 2017
Closed on
Nov 15, 2017
Sold by
Integrity Of South Carolina Llc
Bought by
Schwartz Steven Drew and Schwartz Donna Carol
Seller's Agent
Edy Mimms
Charlestowne Real Estate
Buyer's Agent
Sandy Murphy
Wild Dunes Real Estate, LLC
List Price
$5,717,250
Sold Price
$5,717,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,287,937
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2016
Sold by
Miles James M
Bought by
Integrity Of South Carolina Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Interest Rate
3.59%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 9, 2015
Closed on
Mar 10, 2016
Sold by
Backsplash Inc
Bought by
Miles James M
Seller's Agent
Betty Gales
EXP Realty LLC
Buyer's Agent
James Miles
AgentOwned Realty Preferred Group
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%
Original Mortgage
$1,550,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2008
Sold by
Mamaroneck Beach Homes Llc
Bought by
Backsplash Inc
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 Type Sale Price Title Company
Deed $7,270,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $5,717,250 None Available
Deed -- --
Deed $1,600,000 --
Deed $5,206,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,725,500 New Conventional
Previous Owner $2,500,000 New Conventional
Previous Owner $1,999,999 Adjustable Rate Mortgage/ARM
Previous Owner $4,287,937 Adjustable Rate Mortgage/ARM
Previous Owner $3,350,000 Construction
Previous Owner $1,550,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $7,270,000 0.0% $1,192 / Sq Ft
05/15/2021 05/15/21 For Sale $7,270,000 +27.2% $1,192 / Sq Ft
11/15/2017 11/15/17 Sold $5,717,250 0.0% $937 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $5,717,250 +257.3% $937 / Sq Ft
03/18/2016 03/18/16 Sold $1,600,000 -8.6% $262 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $1,750,000 -- $287 / 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 $21,567 $290,800 $0 $0
2022 $21,734 $290,800 $0 $0
2021 $76,005 $237,800 $0 $0
2020 $74,959 $356,700 $0 $0
2019 $75,933 $343,020 $0 $0
2017 $20,315 $96,000 $0 $0
2016 $16,451 $81,000 $0 $0
2015 $15,667 $81,000 $0 $0
2014 $17,409 $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: 17018485

CHS Regional MLS

APN: 571-09-00-230