NOT LISTED FOR SALE

2904 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $2,603,000 - $5,580,000

6 Beds
4.5 Baths
3,600 Sq Ft
$1,078/Sq Ft Est. Value

Last Sold February 09, 2015

Last sale price $1,700,000 $472 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $22,238/month

183 Days on Market

Highlights

  • Beach Front
  • Traditional Architecture
  • High Ceiling
  • Sullivans Island Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of February 2015

Custom built by Pat Ilderton, one of the premier builders on the beach. This is the most desirable section of the beach. No erosion problems here. This lot extends all the way to the mean high water line. This house does double duty. It serves as a great beach house for your enjoyment, as well as a profitable beach rental. Several leases are already in place for 2014. You can start this deal with a nice stream of income already in place. The pictures will give you a good sense of the beauty of this house and its beachfront setting.

Last Agent to Sell the Property

Foster Smith

Carolina One Real Estate License #26872 Listed on: 04/01/2014

Carolina One Real Estate

Last Buyer's Agent

Matthew Poole

Carolina One Real Estate License #23176

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,000

Year Built

  • Built in 1995

Lot Details

  • 9,583 Sq Ft Lot
  • Beach Front

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,000

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1995
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.22
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: 17 To Iop Connector, Left On Palm Blvd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Great, Pantry
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: IOP W/S Comm, SCE & G
  • 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: 5711000183
  • Tax Annual Amount: 24000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2012
Sold by
Friends Llc
Bought by
Roddy Frank and Roddy Patricia
Total Days on Market
183
Current Estimated Value
$3,880,311

Purchase Details

Closed on
Dec 30, 2008
Sold by
Riley Charles W and Riley John Frank
Bought by
Friends Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2007
Sold by
Craig Ann Smith
Bought by
Craig Ann Smith and Riley Charles W

Purchase Details

Closed on
Oct 17, 2007
Sold by
Craig Ann Smith
Bought by
Craig Ann Smith and Riley Charles W

Purchase Details

Closed on
Aug 15, 2006
Sold by
Riley Frances N
Bought by
Craig Ann Smith

Purchase Details

Closed on
Aug 26, 2004
Sold by
Riley Frances N
Bought by
Craig Ann Smith

Purchase Details

Closed on
Jul 25, 2003
Sold by
Wachovia Bank Na
Bought by
Craig Ann Smith

Purchase Details

Closed on
Nov 8, 1999
Sold by
Riley Charles W
Bought by
Riley Laura S

Purchase Details

Closed on
Apr 8, 1997
Sold by
Nationsbank Na
Bought by
Riley Charles W
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
Roddy Frank $2,120,000 --
Craig Ann Smith -- --
Craig Ann Smith -- --
Riley Frances N -- --
Goss Laura Riley -- --
Riley John Frank -- --
Riley Charles W -- --
Riley Laura S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Charles W $860,000
Previous Owner Riley Charles W $160,000
Previous Owner Riley Charles W $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2015 02/09/15 Sold $1,700,000 -19.0% $472 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $2,100,000 -- $583 / 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 $6,468 $85,100 $0 $0
2022 $6,481 $85,100 $0 $0
2021 $6,970 $85,100 $0 $0
2020 $26,935 $127,650 $0 $0
2019 $24,687 $111,000 $0 $0
2017 $22,594 $106,200 $0 $0
2016 $21,684 $106,200 $0 $0
2015 $20,653 $106,200 $0 $0
2014 $23,921 $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: 1408657

CHS Regional MLS

APN: 571-10-00-221