2402 Palm Blvd Isle of Palms, SC 29451
7
Beds
7.5
Baths
6,100
Sq Ft
1.2
Acres
Highlights
- Beach Front
- In Ground Pool
- Craftsman Architecture
- Sullivans Island Elementary School Rated A
- 1.2 Acre Lot
- Family Room with Fireplace
About This Home
As of June 2021Framed between a 100 year old live oak and 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 home has 7 bedrooms, walk in wine cooler, and 600 SF veranda with fireplace. Custom carpentry and shiplap walls prevail throughout. Appliances include 48'' Wolf gas range, Sub-Zero Refrigerator/ Freezer, elevator that opens to entry and also a pantry. Metal roof, outdoor living area with fireplace, oceanfront master on main living level and a spectacular 2nd floor master with vaulted ceilings and panoramic views of the Atlantic Ocean. VIEW MOREThe pool level is designed with two outdoor living areas - one for full sunning and the other poolside with covered shade. The oceanfront veranda features an outdoor kitchen with stainless steel grill, Subzero fridge, sink and fireplace.
For 2021, vacation rental income is projected to exceed $620,000.
Last Agent to Sell the Property
AgentOwned Realty Preferred Group License #75303 Listed on: 05/15/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $74,959
Year Built
- Built in 2017
Lot Details
- 1.2 Acre Lot
- Beach Front
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
- 2-Story Property
- Wet Bar
- Central Vacuum
- Beamed Ceilings
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Combination Dining and Living Room
- Home Office
- Sun or Florida Room
- Utility Room with Study Area
- Exterior Basement Entry
Kitchen
- Eat-In Kitchen
- Built-In Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- Garden Bath
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Doors
Outdoor Features
- In Ground Pool
- Patio
Schools
- Sullivans Island Elementary School
- Laing Middle School
- Wando High School
Utilities
- Central Air
- Heating Available
Community Details
Amenities
- Community Storage Space
- Elevator
Recreation
- Community Spa
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
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
$806,665
Avg. Annual Appreciation
2.56%
Original Mortgage
$4,725,500
Outstanding Balance
$4,308,098
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$3,768,567
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
The Mimms Group LP
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
4.58%
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
The Mimms Group LP
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
18.84%
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
Similar Homes in Isle of Palms, SC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 2024 | $21,567 | $290,800 | $0 | $0 |
| 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
-
Seller's Agent in 2021
James Miles
AgentOwned Realty Preferred Group
(864) 363-3049
15 in this area
22 Total Sales
-
Buyer's Agent in 2021
Donna Webb
The Boulevard Company
(843) 469-1110
32 in this area
82 Total Sales
-
Buyer Co-Listing Agent in 2021
Heather Hamilton
Oyster Point Real Estate Group, LLC
(646) 334-3583
23 in this area
75 Total Sales
-
E
Seller's Agent in 2017
Edy Mimms
The Mimms Group LP
(843) 224-9507
13 Total Sales
-
S
Buyer's Agent in 2017
Sandy Murphy
Wild Dunes Real Estate, LLC
(843) 886-2500
6 in this area
8 Total Sales
-
K
Buyer Co-Listing Agent in 2017
Kitti Mullins
Wild Dunes Real Estate, LLC
(843) 224-9595
13 in this area
16 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 21013057
APN: 571-09-00-230
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