2608 Myrtle Ave Sullivans Island, SC 29482
Sullivan's Island NeighborhoodEstimated Value: $2,761,504 - $3,043,000
2
Beds
2
Baths
1,952
Sq Ft
$1,478/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Deck
- Cathedral Ceiling
- Sullivans Island Elementary School Rated A
- Traditional Architecture
- Wood Flooring
About This Home
As of April 2024Classic Sullivan's Island cottage that is situated on a spacious half acre, street to street lot, with the potential to build a brand new main house and keep the cottage as a completely separate structure! Located in the highly desirable Raven-Goldbug-Myrtle neighborhood, this home was renovated a few years ago with a high-end kitchen and new bathroom, and the open floor plan lends itself to family living as well as entertaining. The great room flows out to the huge screened porch which overlooks the backyard, and there is a great kayak launch just a couple of properties away! The beach path at Station 26 is also just a short walk, as well as all of the restaurants and shops that the island has to offer. The current owners were previously permitted to have 2 separate structures on the property, and although that permit has likely expired, it can probably be reissued for a new owner with either the same plans, or a new overall design. Don't miss this incredible and rare opportunity to have a huge island property with a brand new main house with a separate guest cottage which would be perfect for a home office, guest quarters, or even potential rental income!!
Last Agent to Sell the Property
East Islands Real Estate License #13214 Listed on: 03/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,219
Year Built
- Built in 1926
Lot Details
- 0.5 Acre Lot
- Wood Fence
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Metal Roof
- Wood Siding
Interior Spaces
- 1,952 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Great Room
- Wood Flooring
- Crawl Space
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Screened Patio
Location
- Property is near a bus stop
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- No Cooling
- No Heating
Community Details
Overview
- Sullivans Island Subdivision
Recreation
- Boat Ramp
- Tennis Courts
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2024
Closed on
Apr 22, 2024
Sold by
Hawkins Cullen and Hawkins Sara Jane
Bought by
806282 Trust and Loyd
Seller's Agent
Ashley Haynes
East Islands Real Estate
Buyer's Agent
Gunnar Heidt
The Boulevard Company
List Price
$2,950,000
Sold Price
$2,750,000
Premium/Discount to List
-$200,000
-6.78%
Views
28
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
$134,876
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,750,000
Outstanding Balance
$1,732,919
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$1,134,178
Purchase Details
Listed on
Jul 12, 2015
Closed on
Aug 18, 2015
Sold by
Gilbert Thomas M and Gilbert Sharon White
Bought by
Hawkins Cullen and Hawkins Sara Jane
Seller's Agent
Angela Jones
The Jones Company Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$997,000
Sold Price
$967,260
Premium/Discount to List
-$29,740
-2.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$773,808
Interest Rate
4.09%
Mortgage Type
New Conventional
Similar Homes in the area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 806282 Trust | $2,750,000 | None Listed On Document | |
| Hawkins Cullen | $967,260 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 806282 Trust | $1,750,000 | |
| Previous Owner | Hawkins Cullen | $5,160,000 | |
| Previous Owner | Hawkins Cullen | $773,808 | |
| Previous Owner | Gilbert Thomas M | $365,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2024 04/23/24 | Sold | $2,750,000 | -6.8% | $1,409 / Sq Ft |
| 03/14/2024 03/14/24 | For Sale | $2,950,000 | +205.0% | $1,511 / Sq Ft |
| 08/21/2015 08/21/15 | Sold | $967,260 | -3.0% | $496 / Sq Ft |
| 07/23/2015 07/23/15 | Pending | -- | -- | -- |
| 07/12/2015 07/12/15 | For Sale | $997,000 | -- | $511 / 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 |
|---|---|---|---|---|
| 2023 | $5,219 | $66,930 | $0 | $0 |
| 2022 | $16,997 | $66,930 | $0 | $0 |
| 2021 | $16,727 | $66,930 | $0 | $0 |
| 2020 | $16,480 | $66,930 | $0 | $0 |
| 2019 | $14,608 | $58,200 | $0 | $0 |
| 2017 | $13,388 | $58,200 | $0 | $0 |
| 2016 | $12,901 | $58,200 | $0 | $0 |
| 2015 | $2,767 | $26,610 | $0 | $0 |
| 2014 | $2,162 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Haynes
A
Seller's Agent in 2024
Ashley Haynes
East Islands Real Estate
(843) 886-8114
35 in this area
66 Total Sales
-
Gunnar Heidt
G
Buyer's Agent in 2024
Gunnar Heidt
The Boulevard Company
(843) 241-3119
3 in this area
92 Total Sales
-
Angela Jones
A
Seller's Agent in 2015
Angela Jones
The Jones Company Real Estate
(843) 670-9300
2 in this area
28 Total Sales
-
N
Buyer's Agent in 2015
Non Member
NON MEMBER
Map
Source: CHS Regional MLS
MLS Number: 24006530
APN: 529-06-00-051
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