NOT LISTED FOR SALE

2605 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $1,674,000 - $2,419,160

7 Beds
5 Baths
3,276 Sq Ft
$625/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $1,075,000 $328 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $12,109/month

91 Days on Market

Highlights

  • Beach Access
  • Traditional Architecture
  • No Heating
  • Sullivans Island Elementary School Rated A

About This Home

As of January 2021

TRIPLEX....Very rare and unique opportunity on the isle of Palms. This is a legal triplex located second row, palm blvd, on the IOP. This is likely a once in a lifetime opportunity. This property features A 3BR 2BA down, 3BR 2BA up, and a 1BR 1BA down. All 3 have separate water meters and power meters. This is a must see and will not last long.

Last Agent to Sell the Property

Jamie Hollingsworth

Salmonsen Realty License #14111 Listed on: 08/18/2020

Last Buyer's Agent

Patrick Hampton

Fred Holland Realty License #99163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,973

Year Built

  • Built in 1947

Lot Details

  • 0.25

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,276 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Additional Features

  • Beach Access
  • 0.25 Acre Lot

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,973

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1947
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Onto Iop From Mt Pleasant. Left At Red Light. Follow Palm Down To 26th Ave,, House Will Be On Your Left.
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Entry Location: Ground Level
  • Fireplace: No

Exterior Features

  • Roof: Metal
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Beach Access
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, IOP W/S Comm

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: 5710900136

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Dec 30, 2020
Sold by
Tuna Company Llc
Bought by
M & M Isle Of Palms Llc
Seller's Agent
Jamie Hollingsworth
Salmonsen Realty
Buyer's Agent
Patrick Hampton
Fred Holland Realty
List Price
$1,075,000
Sold Price
$1,075,000
Total Days on Market
91
Current Estimated Value
$2,046,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$971,540
Avg. Annual Appreciation
14.75%
Original Mortgage
$806,250
Outstanding Balance
$727,772
Interest Rate
2.71%
Mortgage Type
Commercial
Estimated Equity
$1,249,891

Purchase Details

Closed on
Mar 8, 2011
Sold by
Firmender Gary W
Bought by
The Tuna Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
4.81%
Mortgage Type
New Conventional
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
M & M Isle Of Palms Llc $1,075,000 None Available
The Tuna Company Llc $488,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & M Isle Of Palms Llc $806,250
Previous Owner The Tuna Company Llc $448,000
Previous Owner The Tuna Company Llc $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $1,075,000 0.0% $328 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $1,075,000 -- $328 / 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 $14,973 $64,500 $0 $0
2022 $14,084 $64,500 $0 $0
2021 $13,925 $64,500 $0 $0
2020 $11,276 $52,770 $0 $0
2019 $10,348 $45,890 $0 $0
2017 $9,888 $45,890 $0 $0
2016 $9,495 $45,890 $0 $0
2015 $9,042 $45,890 $0 $0
2014 $7,707 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jamie Hollingsworth

    Salmonsen Realty

    (843) 442-6492

    44 in this area

    77 Total Sales

    Jamie Hollingsworth
    Section Image

  • P

    Buyer's Agent in 2021

    Patrick Hampton

    Fred Holland Realty

    (843) 209-6643

    1 in this area

    8 Total Sales

    Patrick Hampton
    Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 20022897

CHS Regional MLS

APN: 571-09-00-136

South Carolina Charleston County Isle Of Palms 29451

2605 Palm Blvd, Isle Of Palms, SC

This home is located at 2605 Palm Blvd, Isle of Palms, SC 29451 since 18 August 2020 and is currently estimated at $2,046,540, approximately $624 per square foot. This property was built in 1947. 2605 Palm Blvd is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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