NOT LISTED FOR SALE

2407 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $1,551,000 - $2,071,204

6 Beds
4 Baths
2,271 Sq Ft
$787/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $934,500 $411 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $11,141/month

144 Days on Market

Highlights

  • Beach Access
  • Above Ground Pool
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of June 2020

Welcome to 2407 Palm Blvd! Located at the corner of 25 and Palm Blvd, across from the beach access path, this property, as a legal duplex, is a rental machine . The first floor features a spacious kitchen and living area, two large bedrooms and a smaller third bedroom with bunks and two baths. The second floor boasts wood floors, a large living-dining area, 3 larger bedrooms and two baths. Each has ocean side porches where you can enjoy gorgeous sunrises and ocean breezes. This property is perfect for investors, second home owners or could even be the perfect location for a year round residence.

Last Agent to Sell the Property

Betty Poore

Dunes Properties of Chas Inc License #23183 Listed on: 01/02/2020

Dunes Properties of Chas Inc

Last Buyer's Agent

Billy Breen

St. Germain Properties LLC License #89208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,374

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,271 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Dishwasher
  • Stacked Washer and Dryer

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Beach Access
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,374

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1950
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Take A Left Onto Palm Blvd From The Iop Connector. At 25th Avenue Take A Left And Home Is First Home On Your Left, On The Corner Of 25th And Palm. Two Story, Yellow Duplex
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Wood
  • Interior Amenities: Living/Dining Combo

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial
  • Lot Features: 0 - .5 Acre
  • Pool Features: Above Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Covered, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710900115
  • Tax Annual Amount: 6373.85

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Jun 17, 2020
Sold by
Mcgowan Ellen M and Lanning John Christopher
Bought by
Sheeran John
Seller's Agent
Betty Poore
Dunes Properties of Chas Inc
Buyer's Agent
Billy Breen
St. Germain Properties LLC
List Price
$934,500
Sold Price
$934,500
Total Days on Market
144
Current Estimated Value
$1,787,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$853,051
Avg. Annual Appreciation
13.91%
Original Mortgage
$653,000
Outstanding Balance
$586,446
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,201,105

Purchase Details

Closed on
Mar 9, 2017
Sold by
Lanning John Christopher and Lanning Carrie S
Bought by
Mcgowan Ellen M and Lanning John Christopher

Purchase Details

Closed on
Aug 5, 2016
Sold by
Mcgowan Ellen M
Bought by
Lanning John Christopher and Lanning Carrie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
3.43%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2013
Sold by
Kammer James C
Bought by
Mcgowan Ellen M and Lanning John Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
3.37%
Mortgage Type
Construction
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
Sheeran John $934,500 None Available
Mcgowan Ellen M -- None Available
Lanning John Christopher -- --
Mcgowan Ellen M $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheeran John $653,000
Previous Owner Lanning Lanning J $1,520,000
Previous Owner Mcgowan Ellen M $317,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $934,500 0.0% $411 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $934,500 -- $411 / 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 $13,743 $59,100 $0 $0
2022 $12,922 $59,100 $0 $0
2021 $12,126 $56,040 $0 $0
2020 $6,371 $39,020 $0 $0
2019 $6,374 $37,280 $0 $0
2017 $2,728 $30,600 $0 $0
2016 $2,043 $24,600 $0 $0
2015 $2,251 $24,600 $0 $0
2014 $2,159 $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: 20000047

CHS Regional MLS

APN: 571-09-00-115