2705 Palm Blvd Isle of Palms, SC 29451
6
Beds
3
Baths
2,442
Sq Ft
436
Sq Ft Lot
Highlights
- Beach Access
- In Ground Pool
- Wood Flooring
- Sullivans Island Elementary School Rated A
- Deck
- 4-minute walk to Isle of Palms Recreation Center
About This Home
As of August 2020This 2nd Row Island home with ocean views is well maintained and enjoys beach access. All the interior walls were repainted in February of 2014 and exterior repainted in May of 2014, The front deck was installed in 2012 and is off the spacious porch. Wonderful light beams into this home from the slider doors leading to the porch from the family room. The wood floors were refinished in 2012 and the carpet replaced in 2014. The kitchen had new granite counters installed as well as new Stainless Steel appliances. You will appreciate all the storage in this very functional kitchen. The in-ground pool has plenty of room for entertaining friends and family. Whether this home is a private residence, 2nd home or bought as an investment, it will be enjoyed by all. This 6 bedroom 3 bath home is currently on the rental program has a great rental history. Gross rental income for 2013 including sales tax was $122,800.00
Last Agent to Sell the Property
Wild Dunes Real Estate, LLC License #26789 Listed on: 06/11/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,876
Year Built
- Built in 1976
Lot Details
- 436 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
Home Design
- Wood Siding
Interior Spaces
- 2,442 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Entrance Foyer
- Family Room
- Laundry Room
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Dual Closets
- 3 Full Bathrooms
Outdoor Features
- In Ground Pool
- Beach Access
- Deck
- Screened Patio
Schools
- Sullivans Island Elementary School
- Laing Middle School
- Wando High School
Utilities
- Central Air
- No Heating
- Septic Tank
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
343
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
13.80%
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
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $1,187,500 | None Available | |
| Deed | $1,000,000 | -- | |
| Deed | $985,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $618,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $426,500 | New Conventional |
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: 1415772
APN: 571-09-00-146
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