NOT LISTED FOR SALE

2705 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $2,367,000 - $2,678,000

6 Beds
3 Baths
2,457 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $1,187,500 $483 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $15,160/month

3 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Great Room
  • Sullivans Island Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Isle of Palms Recreation Center

About This Home

As of August 2020

Incredible opportunity to own second row on Isle of Palms. 2705 Palm Boulevard is 6 bedrooms, 3 full bathrooms, with private pool, and is located directly across from the beach path! This is the perfect home to vacation in and use as a rental home; or purchase for personal use and make it your own! Downstairs features 3 bedrooms and 1 full bathroom, plus laundry room, garage and beach storage area! Upstairs, enjoy some views of the ocean from the screened porch or open deck. Upstairs also includes kitchen, dining, den, master bedroom and bath, plus two more guest bedrooms and full bathroom. Both HVAC's replaced within the last 18months. Great rental income available!

Last Agent to Sell the Property

Jacqueline Scarafile

Carolina One Real Estate License #86118 Listed on: 07/20/2020

Carolina One Real Estate

Co-Listed By

Matt Scarafile

Carolina One Real Estate License #25565

Last Buyer's Agent

Robin Windham

The Boulevard Company License #92736

The Boulevard Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,457

Year Built

  • Built in 1976

Lot Details

  • 0.25 Acre Lot
  • Wood Fence

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,457 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Great Room
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool

Schools

  • Sullivans Island Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,457

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1976
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Co List Office Mls Id: 7606
  • Co List Office Phone: 843-284-1800
  • Subdivision Name: Isle of Palms
  • Directions: Isle Of Palms Connector To Palm Boulevard. Home Is On Your Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Great, Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Raised
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: No
  • Parking Features: 1 Car Garage
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710900146

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Cahill Deborah M and Cahill Christopher Martin
Bought by
Locd Palm Blvd Llc
Total Days on Market
3
Current Estimated Value
$2,496,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$228,318
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$2,180,803

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 7, 2020
Sold by
Mobarak Rowaida I
Bought by
Cahill Deborah M and Cahill Christopher Martin
Seller's Agent
Jacqueline Scarafile
Carolina One Real Estate
Buyer's Agent
Robin Windham
The Boulevard Company
List Price
$1,175,000
Sold Price
$1,187,500
Premium/Discount to List
$12,500
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jun 19, 2015
Sold by
Smitherman James A and Smitherman Elizabeth S
Bought by
Mobarak Rowaida I
Seller's Agent
Darlene Smith
Wild Dunes Real Estate, LLC
Buyer's Agent
Tracy Meredith
Carolina One Real Estate
List Price
$119,900
Sold Price
$1,000,000
Premium/Discount to List
$880,100
734.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Jul 6, 2004
Sold by
2705 Miles Llc
Bought by
Smitherman James A and Smitherman Elizabeth S

Purchase Details

Closed on
Apr 14, 2000
Sold by
Somers George M and Somers Catherine S
Bought by
2705 Miles Llc

Purchase Details

Closed on
Apr 10, 2000
Sold by
Kee Verna M
Bought by
2705 Miles Llc
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 Buyer Sale Price Title Company
Locd Palm Blvd Llc -- None Available
Cahill Deborah M $1,187,500 None Available
Mobarak Rowaida I $1,000,000 --
Smitherman James A $985,000 --
2705 Miles Llc -- --
2705 Miles Llc $618,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locd Palm Blvd Llc $300,000
Previous Owner Smitherman James A $426,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $1,187,500 +1.1% $483 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $1,175,000 +17.5% $478 / Sq Ft
06/19/2015 06/19/15 Sold $1,000,000 +734.0% $410 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
06/11/2014 06/11/14 For Sale $119,900 -- $49 / 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 $16,457 $71,280 $0 $0
2023 $16,457 $71,280 $0 $0
2022 $15,501 $71,280 $0 $0
2021 $15,325 $71,280 $0 $0
2020 $14,009 $66,000 $0 $0
2019 $13,423 $60,000 $0 $0
2017 $12,829 $60,000 $0 $0
2016 $12,315 $60,000 $0 $0
2015 $9,959 $50,850 $0 $0
2014 $9,784 $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: 20019951

CHS Regional MLS

APN: 571-09-00-146