2616 Palm Blvd Isle of Palms, SC 29451
Estimated Value: $2,086,000 - $5,495,000
5
Beds
3
Baths
2,008
Sq Ft
$2,073/Sq Ft
Est. Value
Highlights
- Beach Front
- Marina
- 0.89 Acre Lot
- Sullivans Island Elementary School Rated A
- In Ground Pool
- Deck
About This Home
As of August 2020Looking for the quintessential family beach home and/or a great source of rental income? Welcome to 2616 Palm Blvd, a desirable OCEANFRONT home on nearly 1 acre, offers STUNNING PANORAMIC VIEWS & unparalleled sunrise/sunsets! This newly renovated, coastal contemporary home extends a bright & airy beachy vibe w/ hardwood floors throughout. An open floor plan concept offers an exceptional gathering space that leads to a screened porch overlooking the backyard oasis & Atlantic ocean. Perfect for indoor/outdoor entertaining or simply relaxing w/ the salty breeze & sweeping ocean views. Step outside & have your pick of daily beachfront luxe & leisure. Lounge by the outdoor patio, take a rejuvenating dip in the new pool + spa or simply follow your private beach path for a stroll, surf, or swimin the ocean. Inside you will find a guest suite on the 1st floor & 4 additional bedrooms w/2 full baths upstairs w/ added ocean views. An easy breezy footprint for family & friends to enjoy. A prime location offering island living at it's best...easy beach access, bike to the restaurant & shopping district of Isle of Palms & marina or take a short drive to Sullivan's Island. Enjoy dining overlooking the water at Shem Creek, just minutes away in Mt Pleasant. Or experience Historic Downtown Charleston less than 10 miles away where you can relish in fine dining, shopping, & entertainment in a world class city lined with cobblestone streets, antebellum homes & horse drawn carriages. The possibilities are endless for this versatile oceanfront property, a perfect primary, vacation or income producing option. Move right in to this pristine turn-key home, live the island life & make memories to last a lifetime at 2616 Palm Blvd!
**Please see list of Upgrades + Features in pictures + documents.
Last Agent to Sell the Property
The Boulevard Company License #62999 Listed on: 07/02/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,437
Year Built
- Built in 1995
Lot Details
- 0.89 Acre Lot
- Beach Front
Parking
- 3 Car Garage
Home Design
- Traditional Architecture
- Raised Foundation
- Architectural Shingle Roof
- Cement Siding
Interior Spaces
- 2,008 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Family Room
Kitchen
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
Outdoor Features
- Deck
- Covered patio or porch
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- No Cooling
- Heating Available
Community Details
Overview
- Isle Of Palms Subdivision
Recreation
- Marina
- Tennis Courts
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2020
Closed on
Aug 12, 2020
Sold by
Kraeling Brett and Kraeling Jarrett
Bought by
Andrews William P and Andrews Cathey K
Seller's Agent
Donna Webb
The Boulevard Company
Buyer's Agent
Rebecca Linenger
The Boulevard Company
List Price
$2,650,000
Sold Price
$2,650,000
Total Days on Market
22
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
$1,511,837
Avg. Annual Appreciation
9.84%
Purchase Details
Listed on
Feb 28, 2018
Closed on
Aug 8, 2018
Sold by
Speth Cameron C and Speth James Gustave
Bought by
Kraeling Brett and Kraeling Jarrett
Seller's Agent
Mark Mitchell
Dunes Properties of Chas Inc
Buyer's Agent
Brenda Rosenthal
Front Door Realty
List Price
$2,020,000
Sold Price
$2,020,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Purchase Details
Closed on
Apr 11, 2012
Sold by
Speth James G and Speth Cameron C
Bought by
Speth James Gustave and Speth Cameron C
Similar Homes in Isle of Palms, SC
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 |
|---|---|---|---|
| Andrews William P | $2,650,000 | None Available | |
| Kraeling Brett | -- | None Available | |
| Kraeling Brett | $2,020,000 | None Available | |
| Speth James Gustave | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Speth James Gustave | $404,000 | |
| Previous Owner | Speth James G | $417,000 | |
| Previous Owner | Speth James G | $482,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2020 08/17/20 | Sold | $2,650,000 | 0.0% | $1,320 / Sq Ft |
| 07/18/2020 07/18/20 | Pending | -- | -- | -- |
| 07/02/2020 07/02/20 | For Sale | $2,650,000 | +31.2% | $1,320 / Sq Ft |
| 08/10/2018 08/10/18 | Sold | $2,020,000 | 0.0% | $1,006 / Sq Ft |
| 07/11/2018 07/11/18 | Pending | -- | -- | -- |
| 02/28/2018 02/28/18 | For Sale | $2,020,000 | -- | $1,006 / 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 | $36,437 | $159,000 | $0 | $0 |
| 2022 | $34,367 | $159,000 | $0 | $0 |
| 2021 | $33,974 | $159,000 | $0 | $0 |
| 2020 | $26,023 | $123,300 | $0 | $0 |
| 2019 | $26,940 | $121,200 | $0 | $0 |
| 2017 | $21,072 | $99,000 | $0 | $0 |
| 2016 | $20,224 | $99,000 | $0 | $0 |
| 2015 | $19,262 | $99,000 | $0 | $0 |
| 2014 | $23,147 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Webb
Seller's Agent in 2020
Donna Webb
The Boulevard Company
(843) 469-1110
33 in this area
88 Total Sales
-
Heather Hamilton
Seller Co-Listing Agent in 2020
Heather Hamilton
Oyster Point Real Estate Group, LLC
(646) 334-3583
22 in this area
75 Total Sales
-
Rebecca Linenger
Buyer's Agent in 2020
Rebecca Linenger
The Boulevard Company
(843) 364-5818
6 in this area
162 Total Sales
-
Mark Mitchell
Seller's Agent in 2018
Mark Mitchell
Dunes Properties of Chas Inc
(843) 847-7980
10 in this area
42 Total Sales
-
Lisa Mitchell
L
Seller Co-Listing Agent in 2018
Lisa Mitchell
Dunes Properties of Chas Inc
(843) 864-4601
18 in this area
58 Total Sales
-
B
Buyer's Agent in 2018
Brenda Rosenthal
Front Door Realty
Map
Source: CHS Regional MLS
MLS Number: 20018120
APN: 571-09-00-183
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