NOT LISTED FOR SALE

2807 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $1,395,000 - $3,723,000

7 Beds
4.5 Baths
4,994 Sq Ft
$619/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $1,900,000 $380 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $19,433/month

100 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2020

This beautiful Charleston-style home is set under sprawling oaks that canopy the entrance and is located across the street from the 29th St. beach access. The spacious home offers 7 bedrooms and three floors of indoor/outdoor living areas that capture the ocean breezes and incredible views. Four large bedrooms are located on the first floor with a full kitchen, 2 and 1/2 baths, family room, laundry room and spacious porch. This property is ''grand fathered in'' regarding the number of occupants and allows up to 21 people and 7 vehicles.The second floor is the main living area with a master bedroom retreat including a garden tub, separate shower, massive walk-in closet with a washer and dryer. This floor has another full designer kitchen, dining area, bar and family room open to a large front porch facing the ocean. This home offers over 2,000 square feet of outdoor living space and includes a pool.

The third floor offers two additional bedrooms, a bar, sitting area and incredible views from the rooftop deck. This home is an entertainers dream perfect for large families and guests.

-Multiple closets throughout and plenty of storage.
-2 car fully enclosed garage with a large storage room above.
-Anderson doors and windows.
-Over 2,000 square feet of porches
-5,000 square feet heated space
-7 bedrooms
-4 full baths/ 1 half bath
-Gas Fireplace
-3 stories with elevator to the top
-2 full kitchens
-2 laundry areas
-Open floor plan
-Wet Bar on third floor
-Hurricane shutters
-Mature landscaping
-Corner Lot
-Landscape Lighting
-In ground pool
-Oceanviews
-Across from beach path and 1 block from IOP Rec Center/Ball Fields. & Dog Park

Last Agent to Sell the Property

Jeff Burda

The Boulevard Company Listed on: 05/20/2020

Last Buyer's Agent

Josh Wright

Deseta Realty Group LLC License #105868

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,121

Year Built

  • Built in 2001

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 4,994 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Stubbed Gas Line For Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Balcony
  • Deck
  • Exterior Lighting
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,121

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2001
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: From Palm Blvd. Proceed To 29th Ave. Home Will Be On Left Corner.
  • 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: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Dining Room, Gas Connection, Living Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Family, Great
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Fencing: Privacy
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access
  • Construction Type: Cement Plank
  • Exterior Features: Balcony, Lighting
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710900155
  • Tax Annual Amount: 19121.36

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Oct 23, 2020
Sold by
2807 Palm Llc
Bought by
Wright Joshua D and Wright Nicole B
Seller's Agent
Jeff Burda
The Boulevard Company
Buyer's Agent
Josh Wright
Deseta Realty Group LLC
List Price
$1,900,000
Sold Price
$1,900,000
Total Days on Market
100
Current Estimated Value
$3,090,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,190,637
Avg. Annual Appreciation
11.11%
Original Mortgage
$1,450,800
Outstanding Balance
$1,305,648
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,784,989

Purchase Details

Closed on
Apr 28, 2016
Sold by
Budko Peter and Budko Carol
Bought by
2807 Palm Llc

Purchase Details

Closed on
Apr 28, 2011
Sold by
Wise Patricia L
Bought by
Budko Peter and Budko Carol

Purchase Details

Closed on
Oct 24, 2007
Sold by
Wise Patricia L
Bought by
Wise Patricia L and Patricia L Wise Living Trust

Purchase Details

Closed on
Aug 26, 2002
Sold by
Wise Thomas D
Bought by
Wise Patricia L

Purchase Details

Closed on
Aug 1, 2001
Sold by
Norton Christopher C
Bought by
Wise Thomas D and Wise Patricia L

Purchase Details

Closed on
Mar 20, 2000
Sold by
Thornhill William J and Thornhill Jeanne G
Bought by
Norton Christopher C
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
Wright Joshua D $1,813,500 Weeks And Irvine Llc
2807 Palm Llc -- --
Budko Peter $1,400,000 --
Wise Patricia L -- Attorney
Wise Patricia L -- --
Wise Thomas D $1,200,000 --
Norton Christopher C $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Joshua D $1,450,800
Previous Owner Wise Patricia L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $1,900,000 0.0% $380 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $1,900,000 -- $380 / 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 $25,012 $108,840 $0 $0
2022 $23,579 $108,840 $0 $0
2021 $23,310 $108,840 $0 $0
2020 $20,859 $98,670 $0 $0
2019 $19,121 $85,800 $0 $0
2017 $18,282 $85,800 $0 $0
2016 $17,547 $85,800 $0 $0
2015 $16,248 $85,800 $0 $0
2014 $15,843 $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: 20013663

CHS Regional MLS

APN: 571-09-00-155