$2,650,000
SOLD AUG 17, 2020

2616 Palm Blvd Isle of Palms, SC 29451

5 Beds
3 Baths
2,008 Sq Ft
0.89 Acres

Recently Sold

$1,320 Per Sq Ft

22 Days on Market

Highlights

  • Beach Front
  • Marina
  • 0.89 Acre Lot
  • Sullivans Island Elementary School Rated A
  • In Ground Pool
  • Deck

About This Home

As of August 2020

Looking 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

Donna Webb

The Boulevard Company License #62999 Listed on: 07/02/2020

Co-Listed By

Heather Hamilton

Oyster Point Real Estate Group, LLC License #105576

Last Buyer's Agent

Rebecca Linenger

The Boulevard Company License #54977

The Boulevard Company

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,437

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1995
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.89
  • Co List Office Mls Id: 9040
  • Co List Office Phone: 843-619-7816
  • Subdivision Name: Isle of Palms
  • Directions: Isle Of Palms Connector To Left On Palm Boulevard. Home Will Be On Right Just After 26th Avenue.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub/Spa
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Ceiling Fan(s), Family

Exterior Features

  • Roof: Architectural
  • Lot Features: .5 - 1 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Covered, Front Porch, Porch - Full Front, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage
  • Total Parking Spaces: 3

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Park, Tennis Court(s)

Schools

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

Lot Info

  • Lot Size Sq Ft: 38768.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710900183

Multi Family

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
$4,161,837

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
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 Type Sale Price Title Company
Deed $2,650,000 None Available
Quit Claim Deed -- None Available
Deed $2,020,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $404,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $482,000 Unknown
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

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 $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

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Map

Source: CHS Regional MLS

MLS Number: 20018120

CHS Regional MLS

APN: 571-09-00-183