NOT LISTED FOR SALE

Estimated Value: $4,832,000 - $7,336,499

4 Beds
5.5 Baths
4,225 Sq Ft
$1,396/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $7,000,000 $1,657 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $35,492/month

2 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Cathedral Ceiling
  • Sullivans Island Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of April 2023

This stunning 1920s historic cottage underwent a complete renovation by Carl Owens with no detail spared. The result is an expertly designed, spectacular beach oasis that will wow even the most discerning buyer. Located just one block from the beach, 2602 Atlantic Avenue is perfectly situated on a private, half-acre, corner lot that spans an entire block. This luxurious beach house offers the convenience of one-story living with four bedrooms and five and a half bathrooms.The private, expertly maintained backyard features a 35' in-ground pool surrounded by silver travertine. A large, wrap-around screened-in porch overlooks the considerable front yard, offering owners expanded outdoor living space. Mahogany doors, intricate details and a fantastic second-floor bonus area, not included in the square footage, complete the package, and make this property the ultimate escape.

Shiplap vaulted ceilings, anchored by reclaimed wooden beams, amplify the living room's abundant natural light while original six-over-six windows and a gorgeous gas fireplace with pecky cypress paneling complete the space. The sprawling gourmet kitchen, equipped with top-of-the-line appliances such as the Sub-Zero side by side refrigerator, Wolf double convection ovens and 5 burner gas cooktop, Cove dishwasher, Sharp microwave drawer, and instant hot water, fulfill a chef's dream. Soaring vaulted ceilings show off the beams saved from the original home. Leathered quartzite counters and custom cabinetry, accented by high-end lighting and finishes, complement a large center island with plenty of storage. The butler's pantry is complete with a wet bar and a Sub-Zero wine refrigerator with extra refrigerator and freezer drawers below. The dining area is perfect for hosting large gatherings, with plenty of entertainment space.

The primary suite is a true sanctuary, with mahogany doors leading to a private covered porch. Separate en-suite bathrooms and dual oversized walk-in closets provide functionality, while luxurious, spa-like walk-in showers showcase the incredible tile craftsmanship. Across the home, you will find another three spacious bedrooms. Each bedroom has an en-suite bathroom with more remarkable tile work and large closets. The large laundry room has a full-length quartz countertop and stainless utility sink.

You'll find a beautiful gunite pool in the backyard with a tanning ledge and fabulous outdoor kitchen. The lush landscaping provides privacy, while the outdoor kitchen provides an expanded outdoor living space with the built-in lynx rotisserie grill and gas cooktop. An outdoor shower is a perfect place to wash off after a long day at the beach. The property also features multiple decks and balconies, offering stunning views of the surrounding area.

Sullivan's Island is a charming barrier island just a few miles from historic Charleston, South Carolina. The beach is wide and inviting, with soft sand and gentle surf, perfect for swimming and sunbathing. The island is home to several parks and nature reserves, which offer hiking, bird-watching, and picnicking opportunities. One of the highlights of Sullivan's Island is its rich history. The island was the site of several key battles during the American Revolution and the Civil War. Visitors can explore a number of historic sites and landmarks, including Fort Moultrie, which played a crucial role in the defense of Charleston during the Civil War.

In addition to its historical significance, Sullivan's Island is known for its delicious food and this house is located just a few blocks away. The island has several great restaurants and cafes serving everything from fresh seafood to classic Southern cuisine. With the Station 26 public beach access super close, this home is truly one-of-a-kind, offering luxury, comfort, and breathtaking views in one of the most sought-after locations in South Carolina. Don't miss the opportunity to make this your dream home.

**Seller has a maintenance contract with the builder so he comes quarterly to make sure this home is in excellent condition!**

Last Agent to Sell the Property

Georgia Nettles

Daniel Ravenel Sotheby's International Realty License #71035 Listed on: 03/18/2023

Last Buyer's Agent

Nancy Hoy

Carolina One Real Estate License #49226

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,876

Year Built

  • Built in 1920

Lot Details

  • 0.51 Acre Lot
  • Partially Fenced Property
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 4,225 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room with Study Area
  • Exterior Basement Entry

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater

Community Details

Overview

  • Sullivans Island Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,876

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1920
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.51
  • Subdivision Name: Sullivans Island
  • Directions: Jasper To Station 26. House Is On Left Between Ion And Atlantic. (you Can Pull Into The Driveway Off Ion)
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, Other (Use Remarks)
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Tankless Water Heater
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Entrance Foyer, Living/Dining Combo, Other (Use Remarks), Pantry, Study
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Outside Access, Split, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Fencing: Partial
  • Lot Features: .5 - 1 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Elevator Shaft, Lawn Irrigation, Lighting
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio, Covered, Front Porch, Porch - Full Front, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage, Attached, Off Street, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SI W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5291000033
  • Tax Annual Amount: 45876

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
Apr 19, 2023
Sold by
Wood Mscpadden Ruth Ann
Bought by
Friedman Randolph and Friedman Donna M
Seller's Agent
Georgia Nettles
Daniel Ravenel Sotheby's International Realty
Buyer's Agent
Nancy Hoy
Carolina One Real Estate
List Price
$6,495,000
Sold Price
$7,000,000
Premium/Discount to List
$505,000
7.78%
Views
7
Current Estimated Value
$5,953,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,046,840
Avg. Annual Appreciation
-2.60%

Purchase Details

Closed on
May 10, 2022
Sold by
Mcspadden Jack D
Bought by
Mcspadden Ruth Ann Wood and Mcspadden Jack D

Purchase Details

Listed on
Aug 2, 2018
Closed on
Nov 21, 2018
Sold by
Selby John Bayne and Selby Henry G
Bought by
Mcspadden Jack D and Mcspadden Ruth Ann W
Seller's Agent
Charlie Aikman
Carolina One Real Estate
Buyer's Agent
Charlie Aikman
Carolina One Real Estate
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.60%

Purchase Details

Closed on
Jul 7, 2015
Sold by
Selby John Bayne
Bought by
Selby John Bayne and Selby Henry G
Source: Public Records

Range of Values:

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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
Friedman Randolph $7,000,000 None Listed On Document
Mcspadden Ruth Ann Wood -- None Listed On Document
Mcspadden Jack D $1,600,000 None Available
Selby John Bayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Randolph $1,999,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $7,000,000 +7.8% $1,657 / Sq Ft
03/18/2023 03/18/23 For Sale $6,495,000 +305.9% $1,537 / Sq Ft
12/04/2018 12/04/18 Sold $1,600,000 -5.9% $1,013 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $1,700,000 -- $1,077 / 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 $31,358 $278,000 $0 $0
2023 $31,358 $128,000 $0 $0
2022 $45,876 $181,800 $0 $0
2021 $20,653 $82,800 $0 $0
2020 $20,347 $82,800 $0 $0
2019 $18,032 $72,000 $0 $0
2017 $15,160 $66,000 $0 $0
2016 $14,607 $66,000 $0 $0
2015 $3,810 $39,160 $0 $0
2014 $3,272 $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: 23005984

CHS Regional MLS

APN: 529-10-00-033