2701 Palm Blvd Isle of Palms, SC 29451
Estimated Value: $3,081,199 - $4,217,000
6
Beds
4.5
Baths
3,446
Sq Ft
$1,022/Sq Ft
Est. Value
Highlights
- Beach Access
- In Ground Pool
- High Ceiling
- Sullivans Island Elementary School Rated A
- Traditional Architecture
- Great Room
About This Home
As of January 2018Vacation is all about Location. This is the perfect spot right across from one of the best beach paths on the Isle of Palms. Take a look at this quintessential beach house, offering great views, live oak trees & ocean breezes. This home, with its reverse floor plan has six bedrooms for family and guests, a large great room for dining & family gatherings on the top floor. Gourmet kitchen is open to living area, and features granite counters, stainless appliances and a bar area with seating. This property boasts the features one would expect for easy living; ample parking with under house, driveway and circular drive, as well as an elevator, extensive landscape lighting, and irrigation. The back yard oasis includes a pool with spa, putting green, outdoor shower, and low maintenance turf.for year round enjoyment. Multiple porches for entertaining and catching the sea breeze. Convenient to shopping, dining and more. Home is currently on a Vacation Rental Program with great rental history and comes fully furnished. Perfect home for a full time residence, great beach getaway, or second home.
Last Agent to Sell the Property
Coldwell Banker Realty License #45134 Listed on: 11/30/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,238
Year Built
- Built in 2003
Lot Details
- 0.25 Acre Lot
- Privacy Fence
- Well Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Traditional Architecture
- Raised Foundation
- Architectural Shingle Roof
Interior Spaces
- 3,446 Sq Ft Home
- 2-Story Property
- Elevator
- Central Vacuum
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Thermal Windows
- Window Treatments
- Insulated Doors
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Combination Dining and Living Room
- Utility Room
Kitchen
- Built-In Electric Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Beach Access
- Screened Patio
- Exterior Lighting
- Front Porch
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Central Air
- Heat Pump System
- Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2017
Closed on
Jan 17, 2018
Sold by
Wiegand Richard C and Wiegand Robert L
Bought by
2701 Palm Llc
Seller's Agent
Debra Whitfield
Coldwell Banker Realty
Buyer's Agent
Timothy Rogers
The Peninsula Company, LLC
List Price
$1,611,000
Sold Price
$1,611,000
Total Days on Market
19
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
$1,911,050
Avg. Annual Appreciation
11.16%
Original Mortgage
$1,288,800
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 1, 2014
Sold by
Merritt Percy D and Merritt Sharon P
Bought by
Wiegand Richard C and Wiegand Robert L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,067,850
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2002
Sold by
Merritt Randy
Bought by
Merritt Percy D and Merritt Sharon P
Purchase Details
Closed on
Apr 4, 2002
Sold by
Isle Of Palms Land Development Llc
Bought by
Merritt Randy
Purchase Details
Closed on
Mar 26, 2001
Sold by
Cothran Family Ltd Partnership
Bought by
Isle Of Palms Land Development Llc
Purchase Details
Closed on
Nov 12, 2000
Sold by
Cothran Samuel A and Cothran Nona C
Bought by
Cothran Family Ltd Partnership
Similar Homes in Isle of Palms, SC
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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 |
|---|---|---|---|
| 2701 Palm Llc | $1,611,000 | None Available | |
| Wiegand Richard C | $1,525,500 | -- | |
| Merritt Percy D | -- | -- | |
| Merritt Randy | $670,000 | -- | |
| Isle Of Palms Land Development Llc | $575,000 | -- | |
| Cothran Family Ltd Partnership | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2701 Palm Llc | $1,650,000 | |
| Closed | 2701 Palm Llc | $1,288,800 | |
| Previous Owner | Wiegand Richard C | $1,067,850 | |
| Previous Owner | Merritt Percy Durant | $517,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2018 01/20/18 | Sold | $1,611,000 | 0.0% | $467 / Sq Ft |
| 12/21/2017 12/21/17 | Pending | -- | -- | -- |
| 11/30/2017 11/30/17 | For Sale | $1,611,000 | -- | $467 / 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 | $22,238 | $96,660 | $0 | $0 |
| 2022 | $20,959 | $96,660 | $0 | $0 |
| 2021 | $20,721 | $96,660 | $0 | $0 |
| 2020 | $20,437 | $96,660 | $0 | $0 |
| 2019 | $20,394 | $91,560 | $0 | $0 |
| 2017 | $19,500 | $91,560 | $0 | $0 |
| 2016 | $18,715 | $91,560 | $0 | $0 |
| 2015 | $17,824 | $91,560 | $0 | $0 |
| 2014 | $15,338 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Whitfield
D
Seller's Agent in 2018
Debra Whitfield
Coldwell Banker Realty
(843) 856-8800
65 Total Sales
-
Timothy Rogers
Buyer's Agent in 2018
Timothy Rogers
The Peninsula Company, LLC
(843) 723-9945
7 in this area
87 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 17031750
APN: 571-09-00-148
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