2705 Palm Blvd Isle of Palms, SC 29451
Estimated Value: $2,173,829 - $2,509,000
6
Beds
3
Baths
2,457
Sq Ft
$953/Sq Ft
Est. Value
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 2020Incredible 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
Carolina One Real Estate License #86118 Listed on: 07/20/2020
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
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
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
$231,341
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,980,221
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
13.83%
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
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 |
|---|---|---|---|
| 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
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 | $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
-
Jacqueline Scarafile
Seller's Agent in 2020
Jacqueline Scarafile
Carolina One Real Estate
(843) 284-1800
6 in this area
190 Total Sales
-
Matt Scarafile
Seller Co-Listing Agent in 2020
Matt Scarafile
Carolina One Real Estate
(843) 284-1800
6 in this area
182 Total Sales
-
Robin Windham
Buyer's Agent in 2020
Robin Windham
The Boulevard Company
(843) 991-6672
1 in this area
75 Total Sales
-
Darlene Smith
Seller's Agent in 2015
Darlene Smith
Wild Dunes Real Estate, LLC
(843) 886-8110
16 in this area
41 Total Sales
-
Tracy Meredith
Buyer's Agent in 2015
Tracy Meredith
Carolina One Real Estate
(843) 886-8110
10 in this area
32 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 20019951
APN: 571-09-00-146
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