$2,020,000
SOLD AUG 10, 2018

2616 Palm Blvd Isle of Palms, SC 29451

5 Beds
3 Baths
2,008 Sq Ft
0.89 Acres

Recently Sold

$1,006 Per Sq Ft

141 Days on Market

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 2020

OCEANFRONT 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

Mark Mitchell

Dunes Properties of Chas Inc License #61681 Listed on: 02/28/2018

Co-Listed By

Lisa Mitchell

Dunes Properties of Chas Inc License #81941

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,072

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: 1663
  • Co List Office Phone: 843-886-5600
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Iop Connector To Isle Of Palms. Left At Red Light Onto Palm Blvd. House Is Ocean-side At 2616 Palm Blvd Just Past 27th Ave Block.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling - Smooth, Ceiling Fan(s), Eat-in Kitchen, Family, Living/Dining Combo
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Lot Features: .5 - 1 Acre
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Raised, Pillar/Post/Pier
  • 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: Central Air
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club Membership Available, Dock Facilities, Golf Course, Golf Membership Available, Marina, Park, Tennis Court(s), Trash

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
  • Tax Annual Amount: 21072.3

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
Current Estimated Value
$4,793,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,143,384
Avg. Annual Appreciation
12.32%

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

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
2024 $36,437 $159,000 $0 $0
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: 18005325

CHS Regional MLS

APN: 571-09-00-183