2616 Palm Blvd Isle of Palms, SC 29451
5
Beds
3
Baths
2,008
Sq Ft
0.89
Acres
Highlights
- Beach Front
- Marina
- Golf Course Community
- Sullivans Island Elementary School Rated A
- Boat Ramp
- 0.89 Acre Lot
About This Home
As of August 2020OCEANFRONT HOUSE ON AN AMAZING LOT $2,290,000STUNNING PANORAMIC OCEAN VIEWS! This wonderful house on the front beach of Isle of Palms sits on an amazing lot almost an acre in size. The house has been a beloved family beach retreat and is a great source of additional rental income. The possibilities are endless for his versatile oceanfront property. The bright and airy five bedroom home was built in 1996 and has been meticulously maintained by the original owners. The location of this home is perfect, halfway between the IOP Connector bridge and the Marina and Wild Dunes Resort area. It is a simple bike ride to the heart of IOP shopping area and restaurants with close proximity to Sullivan's Island, Mt Pleasant, and Historic Downtown Charleston. At this price you could purchase nowAND build your dream house in a few years.
This sale includes two tax map lot numbers 571-09-00-183 and 571-09-00-220 which combined total approximately .89 acres. NEW ROOF IN 2016 AND NEW HVAC IN 2017...LOW MAINTENANCE!!
Last Agent to Sell the Property
Dunes Properties of Chas Inc License #61681 Listed on: 02/28/2018
Last Buyer's Agent
Brenda Rosenthal
Front Door Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,072
Year Built
- Built in 1995
Lot Details
- 0.89 Acre Lot
- Beach Front
Parking
- 3 Car Garage
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Raised Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,008 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Ceiling Fan
- Family Room
- Combination Dining and Living Room
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Central Air
- Heat Pump System
- Septic Tank
Community Details
Overview
- Club Membership Available
- Isle Of Palms Subdivision
Recreation
- Boat Ramp
- Boat Dock
- Marina
- Golf Course Community
- Golf Course Membership Available
- 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
141
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
9.82%
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 | 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
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
32 in this area
87 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: 18005325
APN: 571-09-00-183
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