NOT LISTED FOR SALE

2601 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $1,810,000 - $2,525,000

3 Beds
3 Baths
2,392 Sq Ft
$908/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $935,000 $391 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $11,896/month

136 Days on Market

Highlights

  • Two Primary Bedrooms
  • Wood Flooring
  • Front Porch
  • Sullivans Island Elementary School Rated A
  • Cottage
  • Walk-In Closet

About This Home

As of October 2016

This home is located right across from the beach. You can feel and hear the ocean from your huge wrap around porch. Enter to an open living space that is perfect for family or vacation lifestyle. The Great room has a nice fireplace and hardwood floors throughout. Just off of the kitchen is a bright sunroom with 2 decks. Two master bedrooms with walk in closets and separate baths complete the main floor and have French doors open to the porch. Upstairs you will find a large bedroom with sitting area or space for several beds when your guest come to enjoy the beach. Located just one block from IOP recreation center and world class golf at Wild Dunes Resort. Close to the marina and within walking distance to downtown shops and restaurants.Best of all, there is no regime or HOA.

Last Agent to Sell the Property

Edy Mimms

The Mimms Group LP License #58422 Listed on: 03/29/2016

Co-Listed By

Charles Mimms

The Mimms Group LP License #58423

Last Buyer's Agent

Edy Mimms

The Mimms Group LP License #58422 Listed on: 03/29/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,293

Year Built

  • Built in 1995

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Raised Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Great Room with Fireplace
  • Wood Flooring
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Additional Features

  • Front Porch
  • 0.25 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,293

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1995
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Co List Office Phone: 843-530-8100
  • Subdivision Name: None
  • Directions: From Iop Connector. Turn L At Light. Continue On Palm Blvd To Corner Of 26 And Palm. Home Is On L
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Great Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s)
  • Master Bedroom Features: Dual Masters, Garden Tub/Shower, Walk-In Closet(s)

Exterior Features

  • Roof: Architectural
  • Construction Type: Vinyl Siding
  • Foundation Details: Raised
  • 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
  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 3293.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Oct 26, 2016
Sold by
Wilcox Sherrel E and Wilcox Kirby Sherrel E
Bought by
Simaytis Christine J
Seller's Agent
Edy Mimms
The Mimms Group LP
Buyer's Agent
Edy Mimms
The Mimms Group LP
List Price
$935,000
Sold Price
$935,000
Current Estimated Value
$2,205,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,270,983
Avg. Annual Appreciation
9.67%
Original Mortgage
$748,000
Outstanding Balance
$602,025
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,569,785

Purchase Details

Closed on
Jul 10, 2013
Sold by
Estate Of Lawrence H Kirby Jr and Swiderski Carrie
Bought by
Wilcox Kirby Sherrel E

Purchase Details

Closed on
Aug 2, 2011
Sold by
Wilcox Sherrel E and Wilcox Kirby Sherrel E
Bought by
Kirby Lawrence H

Purchase Details

Closed on
Jun 7, 2010
Sold by
Wilcox Genevee W
Bought by
Wilcox Sherrel E

Purchase Details

Closed on
Sep 3, 2002
Sold by
Wilcox John David and Wilcox Sherrell
Bought by
Wilcox Genevee W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simaytis Christine J $935,000 --
Wilcox Kirby Sherrel E -- --
Kirby Lawrence H -- --
Wilcox Sherrel E -- --
Wilcox Genevee W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simaytis Christine J $748,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Sold $935,000 0.0% $391 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $935,000 -- $391 / 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
2024 $3,508 $41,470 $0 $0
2023 $3,266 $41,470 $0 $0
2022 $3,246 $41,470 $0 $0
2021 $3,484 $41,470 $0 $0
2020 $3,619 $41,470 $0 $0
2019 $3,214 $35,800 $0 $0
2017 $12,005 $56,100 $0 $0
2016 $3,069 $39,710 $0 $0
2015 $3,293 $39,710 $0 $0
2014 $2,978 $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: 16008284

CHS Regional MLS

APN: 571-09-00-138