$1,725,000
SOLD MAY 19, 2016

2800 Palm Blvd Isle of Palms, SC 29451

6 Beds
3 Baths
3,056 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$564 Per Sq Ft

29 Days on Market

Highlights

  • Beach Front
  • Traditional Architecture
  • Screened Patio
  • Sullivans Island Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Isle of Palms Recreation Center

About This Home

As of April 2019

Classic Oceanfront home being offered for lot value but with an income producing home in place! Looking for the perfect place to build your dream home but not ready yet? The current home generated 71k in gross rents for 2015! Earn income and cover operating expenses until you are ready to build. There are two bedrooms, one bath and a large living room on the first floor. The second floor has four bedrooms, two baths, kitchen and spacious LR/DR combo. The second floor also features a large screen porch and deck to enjoy the views and ocean breeze!

Co-Listed By

Kristen Kern-whitehead

32 South Properties, LLC License #59603

Last Buyer's Agent

Troy Barber

King and Society Real Estate License #59239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,813

Year Built

  • Built in 1943

Lot Details

  • 9,583 Sq Ft Lot
  • Beach Front
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 3,056 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,813

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1943
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: 8254
  • Co List Office Phone: 843-242-1100
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Iop Connector To Palm Blvd. Left On Palm And Follow To Home On Right Between 28th And 29th Avenues.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Asphalt
  • Lot Features: Level
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710900189
  • Tax Annual Amount: 17812.8

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Apr 11, 2019
Sold by
2800 Palm Blvd Llc
Bought by
Deloache William E and Deloache Allison H
Seller's Agent
Troy Barber
King and Society Real Estate
Buyer's Agent
Ruthie Ravenel
Daniel Ravenel Sotheby's International Realty
List Price
$5,900,000
Sold Price
$5,900,000
Current Estimated Value
$7,865,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,965,287
Avg. Annual Appreciation
2.14%

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 13, 2016
Sold by
Harrell Jill Dobson
Bought by
2800 Palm Blvd Llc
Buyer's Agent
Troy Barber
King and Society Real Estate
List Price
$1,725,000
Sold Price
$1,725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.81%
Original Mortgage
$1,380,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2010
Sold by
Estate Of W R Dobson
Bought by
Harrell Jill Dobson and Dobson Jill Anne
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 Type Sale Price Title Company
Deed $5,900,000 None Available
Deed $1,725,000 --
Deed Of Distribution -- --
Deed Of Distribution -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,265,880 New Conventional
Previous Owner $1,380,000 Commercial
Previous Owner $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2019 04/11/19 Sold $5,900,000 0.0% $987 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $5,900,000 +242.0% $987 / Sq Ft
05/19/2016 05/19/16 Sold $1,725,000 0.0% $564 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $1,725,000 -- $564 / 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 $80,851 $354,000 $0 $0
2023 $80,851 $354,000 $0 $0
2022 $76,305 $354,000 $0 $0
2021 $75,431 $354,000 $0 $0
2020 $74,357 $354,000 $0 $0
2019 $23,227 $105,000 $0 $0
2017 $22,404 $105,300 $0 $0
2016 $18,703 $91,500 $0 $0
2015 $17,813 $91,500 $0 $0
2014 $21,734 $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: 16007233

CHS Regional MLS

APN: 571-09-00-189