NOT LISTED FOR SALE

2803 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $4,361,401 - $5,282,000

6 Beds
5 Baths
3,884 Sq Ft
$1,248/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $4,000,000 $1,030 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $29,295/month

10 Days on Market

Highlights

  • Media Room
  • In Ground Pool
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • Deck
  • 5-minute walk to Isle of Palms Recreation Center

About This Home

As of April 2022

This beautiful and meticulously maintained Isle of Palms home with ocean views boasts a newly finished pool and hot tub on the private back deck. With 6 bedrooms, an open floor plan, an elevator, and a fenced yard, this home is ready for entertaining family and friends for all seasons! Fresh paint, newly shiplapped ceiling in the common area, six new copper gas lanterns, Australian Cypress hardwood floors, and plenty of natural light through large windows lend towards the ''peaceful retreat'' feel of the home. Oversized garage has separate storage room and space for ping-pong, golf cart, etc. in addition to double driveways for parking. Currently-family enjoys part of the year and is a rental for a larger part of the year, with tremendous income. Flood ins. less than $850/yr.

Last Agent to Sell the Property

Sibita Proctor

Coldwell Banker Realty License #89499 Listed on: 03/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Emily Chubb

The Boulevard Company License #102106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,897

Year Built

  • Built in 2006

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Metal Roof

Interior Spaces

  • 3,884 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Beamed Ceilings
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Stubbed Gas Line For Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Media Room
  • Bonus Room
  • Utility Room
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 5 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,897

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2006
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Subdivision Name: None
  • Directions: Once Over The Isle Of Palms Connector, Turn Left And Bear Right As You Travel Down Palm Blvd., You Will See The Home On Your Left, 28th Block, 2803
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Gas Connection, Living Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Bonus, Entrance Foyer, Living/Dining Combo, Media, Pantry, Utility
  • Window Features: Window Treatments - Some
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Metal
  • Fencing: Privacy
  • Lot Features: 0 - .5 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: No
  • Parking Features: 4 Car Garage
  • Total Parking Spaces: 4

Utilities

  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 23897

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2022
Closed on
Apr 27, 2022
Sold by
Smith & Swim Property Iop Llc
Bought by
Parker Robert and Parker Brenda
Seller's Agent
Sibita Proctor
Coldwell Banker Realty
Buyer's Agent
Emily Chubb
The Boulevard Company
List Price
$4,200,000
Sold Price
$4,000,000
Premium/Discount to List
-$200,000
-4.76%
Current Estimated Value
$4,846,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$846,350
Avg. Annual Appreciation
5.45%

Purchase Details

Listed on
Jan 23, 2019
Closed on
May 14, 2020
Sold by
Smith Alan M and Smith Karen T
Bought by
Swim Property Iop Llc
Seller's Agent
Sibita Proctor
Coldwell Banker Realty
Buyer's Agent
Sibita Proctor
Coldwell Banker Realty
List Price
$1,860,000
Sold Price
$1,860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.76%
Original Mortgage
$1,674,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2019
Closed on
Apr 3, 2020
Sold by
Goldfarb Honey T and Goldfarb Charles S
Bought by
Smith Alan M and Smith Karen T
Seller's Agent
Sibita Proctor
Coldwell Banker Realty
Buyer's Agent
Sibita Proctor
Coldwell Banker Realty
List Price
$1,860,000
Sold Price
$1,860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,674,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2012
Sold by
Goldfab Charles S and Goldfarb Honey T
Bought by
Goldfarb Honey T and Goldfarb Charles S

Purchase Details

Closed on
Apr 1, 2011
Sold by
Jones Angela E
Bought by
Goldfarb Charles S and Goldfarb Honey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2009
Sold by
Price Charles R and Price Carolyn L
Bought by
Jones Angela E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,472,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2007
Sold by
Board Of Directors Of New South Construc
Bought by
Price Charles R and Price Carolyn L

Purchase Details

Closed on
Apr 14, 2006
Sold by
Tobias Stephen C and Tobias Connie S
Bought by
New South Construction Co Inc

Purchase Details

Closed on
Oct 10, 2000
Sold by
Baxter Robert E
Bought by
Tobias Stephen C and Tobias Connie S

Purchase Details

Closed on
Jul 10, 2000
Sold by
Evelyn Craig Jean
Bought by
Baxter Robert E and The Tobias Exchange Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Parker Robert $4,000,000 None Listed On Document
Swim Property Iop Llc -- None Available
Smith Alan M $1,860,000 None Available
Goldfarb Honey T -- --
Goldfarb Charles S $1,600,000 --
Jones Angela E $1,840,000 --
Price Charles R $3,158,000 Attorney
New South Construction Co Inc $1,550,000 None Available
Tobias Stephen C -- --
Baxter Robert E $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Alan M $1,674,000
Previous Owner Goldfarb Charles S $1,120,000
Previous Owner Jones Angela E $1,472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $4,000,000 -4.8% $1,030 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $4,200,000 +125.8% $1,081 / Sq Ft
04/03/2020 04/03/20 Sold $1,860,000 0.0% $479 / Sq Ft View Prior Sale
03/04/2020 03/04/20 Pending -- -- --
01/23/2019 01/23/19 For Sale $1,860,000 -- $479 / 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 $45,631 $180,000 $0 $0
2023 $41,220 $180,000 $0 $0
2022 $24,172 $111,600 $0 $0
2021 $23,897 $111,600 $0 $0
2020 $22,857 $108,200 $0 $0
2019 $20,950 $94,080 $0 $0
2017 $20,032 $94,080 $0 $0
2016 $19,226 $94,080 $0 $0
2015 $18,311 $94,080 $0 $0
2014 $18,087 $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: 22006815

CHS Regional MLS

APN: 571-09-00-157