NOT LISTED FOR SALE

2708 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $2,430,000 - $5,246,000

6 Beds
4.5 Baths
5,120 Sq Ft
$859/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $1,999,900 $391 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $25,180/month

648 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • Fireplace in Bedroom
  • Sullivans Island Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • 5-minute walk to Isle of Palms Recreation Center

About This Home

As of March 2015

Now is the time to escape to the Island! This jewel is located beachfront with panoramic views of the Atlantic Ocean. This 5,000+ square foot house has gone through an extensive renovation. From top to bottom you will find numerous upgrades. We could list them all, but a picture is worth a thousand words to describe this island getaway. As you arrive at the third floor master suite from the elevator (or stairs), you've entered a world of its own--great for relaxing and listening to the ocean. The large master bath has an oversized freestanding aerated, heated soaking tub. You will never want to get out! This master suite is the ultimate in relaxation. With your own fireplace, sitting area, and private deck, you will never want to leave! It is truly hard to find words to describe this beauiful setting--you must see it! The second floor includes a large updated kitchen featuring new stainless appliances and granite countertops, refinished hardwood floors throughout, a fireplace in the expansive family room, ocean views from many of the rooms. The ground level features a two car garage, two bedrooms/one bath, an exercise room and a family room. With all the room available, with the large kitchen, with the 6 bedrooms and 4.5 baths, you can host all your family and friends for a great time at the beach! Walk outside and you have arrived! With a porch, deck, and outbuilding, this home rounds out your island destination. If you prefer this home as an investment property, the potential rental income is in excess of $250,000 a year. NOTE: INCLUDES TMS 571-09-00-225! This is the approximate half acre between house and beach!!

Last Agent to Sell the Property

Chip Warley

Premier Properties Charleston License #30179 Listed on: 05/10/2013

Last Buyer's Agent

Doug Berlinsky

Disher Hamrick & Myers Res Inc License #2996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,975

Year Built

  • Built in 1992

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Beach Front

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 5,120 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Exterior Basement Entry
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Screened Patio

Schools

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

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Community Details

Recreation

  • Fitness Center

Additional Features

  • Isle Of Palms Subdivision
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,975

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1992
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.18
  • Lot Size: 60X130
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: From Isle Of Palms Connection, Left Onto Palm Boulevard. House Located Oceanfront At 2708 Palm.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Bedroom, Family Room, Living Room, Three
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Walk-In Closet(s), Ceiling Fan(s), Family, Great, Separate Dining, Utility
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Outside Access, Sitting Room, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Stucco
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Attached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Fitness Center

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.799999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710901188

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Spiotta Alejandro M
Bought by
Spiotta Vickilyn H
Total Days on Market
648
Current Estimated Value
$4,398,837

Purchase Details

Listed on
May 10, 2013
Closed on
Mar 26, 2015
Sold by
Vintage Properties Llc
Bought by
Spiotta Alejandro M and Spiotta Vickilyn H
Seller's Agent
Chip Warley
Premier Properties Charleston
Buyer's Agent
Doug Berlinsky
Disher Hamrick & Myers Res Inc
List Price
$1,999,900
Sold Price
$1,999,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$1,500,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2006
Sold by
First Southeast Fiduciary & Trust Servic
Bought by
Vintage Properties Llc

Purchase Details

Closed on
Jan 24, 2003
Sold by
Palmer James M
Bought by
Palmer Eileen Bolger and Branch Banking & Trust
Source: Public Records

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Range of Values:

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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
Spiotta Vickilyn H -- None Available
Spiotta Alejandro M $1,999,900 --
Vintage Properties Llc $2,700,000 None Available
Palmer Eileen Bolger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spiotta Alejandro M $1,786,500
Closed Spiotta Alejandro M $1,500,000
Previous Owner Vintage Properties Llc $1,812,223
Closed Palmer Eileen Bolger --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $1,999,900 0.0% $391 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
05/10/2013 05/10/13 For Sale $1,999,900 -- $391 / 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
2023 $6,975 $92,000 $0 $0
2022 $6,993 $92,000 $0 $0
2021 $7,522 $92,000 $0 $0
2020 $7,821 $92,000 $0 $0
2019 $7,029 $80,680 $0 $0
2017 $6,820 $80,400 $0 $0
2016 $6,378 $80,400 $0 $0
2015 $6,483 $75,800 $0 $0
2014 -- $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: 1312185

CHS Regional MLS

APN: 571-09-00-188