NOT LISTED FOR SALE

2906 Palmetto Blvd Edisto Island, SC 29438

Edisto Island Neighborhood

Estimated Value: $1,250,000 - $2,186,000

0.25 Acre
$7,039,988 Price per Acre
10,890 Sq Ft Lot

Last Sold October 07, 2020

Last sale price $373,000

Est. 372% increase in value since last sale

Current estimated payment $10,235/month

806 Days on Market

About This Lot

As of October 2020

Great second row lot with beautiful ocean views. Ocean side of the property faces the exclusive Point Street. Easy walk to the beach with only 75 feet to the beach access. Septic permit in hand for a 6 bedroom home. Don't miss this rare opportunity!

Last Agent to Sell the Property

Thomas Kapp

Carolina One Real Estate License #15955 Listed on: 05/10/2018

Carolina One Real Estate

Last Buyer's Agent

Marie Bost

Edisto Real Estate Company, LLC License #16532

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,140

Lot Details

  • 0.25 Acre Lot
  • Dirt Road
  • Finished Lot(s)

Outdoor Features

  • Beach Access

Schools

  • Jane Edwards Elementary School
  • Colleton Middle School
  • Colleton High School

Property Details

Property Type

Land

Est. Annual Taxes

$4,140

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Dirt, Paved
  • Subdivision Name: None
  • Directions: Hwy. 174 To Palmetto Blvd. Follow To The 2900 Block. Property Will Be On The Left.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Features: Beach Access

Garage/Parking

  • Open Parking: No

Schools

  • Elementary School: Jane Edwards
  • High School: Colleton
  • Middle Or Junior School: Colleton

Lot Info

  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 10890
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3541600035000
  • Tax Annual Amount: 4140.06

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2022
Sold by
Genesis Business Group Llc
Bought by
Schaaf John D and Schaaf Ellen Sullivan
Current Estimated Value
$1,759,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,168,000
Outstanding Balance
$1,060,464
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$699,533

Purchase Details

Listed on
May 10, 2018
Closed on
Oct 2, 2020
Sold by
Bateau Properties Llc
Bought by
Genesis Business Group Llci
Seller's Agent
Thomas Kapp
Carolina One Real Estate
Buyer's Agent
Marie Bost
Edisto Real Estate Company, LLC
List Price
$465,000
Sold Price
$373,000
Premium/Discount to List
-$92,000
-19.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.34%

Purchase Details

Closed on
Jun 29, 2012
Sold by
Our Beach Homes Llc
Bought by
Bateau Properties Llc

Purchase Details

Closed on
Mar 15, 2006
Sold by
Handback Ned A
Bought by
Our Beach Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Stephenson Emelia S
Bought by
Handback Ned A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,106
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 7, 2001
Sold by
Stephenson James E
Bought by
Stephenson Emelia S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schaaf John D -- Tuten Dorcas M
Genesis Business Group Llci $373,000 None Available
Bateau Properties Llc $225,000 --
Our Beach Home Llc $850,000 None Available
Handback Ned A $625,000 --
Stephenson Emelia S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaaf John D $1,168,000
Previous Owner Our Beach Home Llc $1,870,000
Previous Owner Our Beach Home Llc $1,700,000
Previous Owner Handback Ned A $553,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $373,000 -19.8% --
07/25/2020 07/25/20 Pending -- -- --
05/10/2018 05/10/18 For Sale $465,000 -- --
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 $7,743 $1,538,300 $420,000 $1,118,300
2023 $7,743 $420,000 $420,000 $0
2022 $7,706 $420,000 $420,000 $0
2021 $6,818 $370,000 $370,000 $0
2020 $4,332 $235,000 $235,000 $0
2019 $4,321 $235,000 $235,000 $0
2018 $4,272 $14,100 $14,100 $0
2017 $4,140 $14,100 $0 $0
2016 $4,974 $17,100 $17,100 $0
2015 -- $17,100 $17,100 $0
2014 -- $17,100 $17,100 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Thomas Kapp

    Carolina One Real Estate

    (843) 869-2516

    39 in this area

    39 Total Sales

    Thomas Kapp
    Section Image

  • M

    Buyer's Agent in 2020

    Marie Bost

    Edisto Real Estate Company, LLC

    (866) 446-2743

    300 in this area

    301 Total Sales

    Marie Bost
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 18013306

CHS Regional MLS

APN: 354-16-00-035

South Carolina Colleton County Edisto Island 29438 Edisto Island

2906 Palmetto Blvd, Edisto Island, SC

This home is located at 2906 Palmetto Blvd, Edisto Island, SC 29438 since 10 May 2018 and is currently estimated at $1,759,997. 2906 Palmetto Blvd is a home located in Colleton County with nearby schools including Colleton County Middle and Colleton County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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