NOT LISTED FOR SALE

2906 Waterway Blvd Isle of Palms, SC 29451

Estimated Value: $1,855,000 - $3,004,000

5 Beds
5.5 Baths
2,482 Sq Ft
$876/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,728,000 $696 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,929/month

70 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Wood Flooring
  • Sullivans Island Elementary School Rated A
  • Finished Room Over Garage
  • Tennis Courts

About This Home

As of April 2023

Newly remodeled by Maverick Construction and Embellish Interiors, this charming 5 bedroom, 5.5 bath bungalow ranch is professionally designed from floor to ceiling and is truly turn key! Located across from the Intercoastal, you will enjoy glimpses of the water while being close to the beaches and in a quiet residential area making this the perfect beach getaway, primary home or short term vacation rental for investors (STR permit in place). This custom renovation brought new life to this Isle of Palms home with ALL NEW custom cabinetry, designer lighting, white oak flooring, roof, hot water tank, HVAC units, outdoor shower, landscaping, and much more. The main home has an open main living area and a newly configured floor plan with 4 bedroom ensuite's. The fifth bedroom and full bath islocated in the spacious detached garage overlooking private newly fenced yard. Located near the Intercoastal Waterway, you will enjoy river breezes and ships passing while being close to the beautiful IOP beaches, many shops & restaurants- just a short drive away from Sullivans Island, Mt Pleasant and downtown. STR Rental projection of $192,000/yr- see in documents.

HOME CAN BE SOLD FURNISHED, please inquire if interested. Short Term Rental permit.

Road Closure/equipment across the streets for a drainage project initiated by IOP to make significant improvements to 30th, 36th and 41st Street outfalls.

BUYER TO CONFIRM ANY INFORMATION IN THIS LISTING THAT IS IMPORTANT IN THE PURCHASE DECISION SUCH AS FEATURES, SQUARE FOOTAGE, LOT SIZE, MEMBERSHIPS, TAXES AND SCHOOLS

Last Agent to Sell the Property

Tricia Peterson

Island House Real Estate License #81472 Listed on: 01/06/2023

Last Buyer's Agent

Greg Boger

Avenue Realty Company License #111092

Avenue Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Garage
  • Finished Room Over Garage
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,482 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR/Reflective Roof

Outdoor Features

  • Screened Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

Overview

  • Isle Of Palms Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Tennis Courts
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,295

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Year Built: 1968
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.27
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: From Palm Blvd: Turn Onto 29th Avenue. At Waterway, Make A Right Onto Waterway, House Will Be On Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: HVAC, Roof
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, ENERGY STAR Qualified Appliances
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Family, Frog Detached, Separate Dining
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre, Level
  • Construction Type: Brick
  • Foundation Details: Crawl Space
  • Other Structures: None
  • Patio And Porch Features: Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Detached, Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, IOP W/S Comm

Condo/Co-op/Association

  • Community Features: Boat Ramp, Dock Facilities, Dog Park, Marina, Tennis Court(s), Trash, Walk/Jog Trails

Schools

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

Lot Info

  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710600103

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 14, 2023
Sold by
Maverick Construction Llc
Bought by
Ray Howard B and Ray Shaye B
Seller's Agent
Tricia Peterson
Island House Real Estate
Buyer's Agent
Greg Boger
Avenue Realty Company
List Price
$1,830,000
Sold Price
$1,728,000
Premium/Discount to List
-$102,000
-5.57%
Current Estimated Value
$2,175,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,346
Avg. Annual Appreciation
10.04%
Original Mortgage
$1,382,400
Outstanding Balance
$1,346,830
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$829,125

Purchase Details

Listed on
May 23, 2022
Closed on
May 19, 2022
Sold by
Sd2022 Llc
Bought by
Maverick Construction Company Llc
Seller's Agent
Andrea Rogers
AgentOwned Realty Preferred Group
Buyer's Agent
Tricia Peterson
Island House Real Estate
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%

Purchase Details

Listed on
Jun 11, 2019
Closed on
Nov 21, 2019
Sold by
Foulke Ailsa
Bought by
Sd2022 Llc
Seller's Agent
Christy Humphries
Dunes Properties of Chas Inc
Buyer's Agent
Andrea Rogers
AgentOwned Realty Preferred Group
List Price
$680,000
Sold Price
$680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.49%
Original Mortgage
$353,476
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2018
Closed on
Mar 13, 2019
Sold by
Estate Of Hampton A Argoe
Bought by
Foulke Ailsa
Seller's Agent
Clay Cunningham
Carolina One Real Estate
Buyer's Agent
Christy Humphries
Dunes Properties of Chas Inc
List Price
$625,000
Sold Price
$530,000
Premium/Discount to List
-$95,000
-15.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.50%
Original Mortgage
$420,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2003
Sold by
Argoe Hampton A
Bought by
Argoe Hampton Arden
Source: Public Records

Range of Values:

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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
Ray Howard B $1,728,000 None Listed On Document
Maverick Construction Company Llc $1,400,000 None Listed On Document
Sd2022 Llc $680,000 None Available
Foulke Ailsa $530,000 None Available
Argoe Hampton Arden -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Howard B $1,382,400
Previous Owner Maverick Construction Company $1,100,000
Previous Owner Jamme Sarah G $353,476
Previous Owner Foulke Ailsa $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,728,000 -5.6% $696 / Sq Ft
01/06/2023 01/06/23 For Sale $1,830,000 +30.7% $737 / Sq Ft
05/23/2022 05/23/22 Sold $1,400,000 0.0% $810 / Sq Ft
05/23/2022 05/23/22 For Sale $1,400,000 +105.9% $810 / Sq Ft
11/22/2019 11/22/19 Sold $680,000 0.0% $394 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $680,000 +28.3% $394 / Sq Ft
03/15/2019 03/15/19 Sold $530,000 -15.2% $307 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
08/18/2018 08/18/18 For Sale $625,000 -- $362 / 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 $5,295 $69,120 $0 $0
2023 $5,295 $58,600 $0 $0
2022 $2,188 $27,200 $0 $0
2021 $2,344 $27,200 $0 $0
2020 $8,725 $27,200 $0 $0
2019 $6,561 $28,930 $0 $0
2017 $1,581 $19,280 $0 $0
2016 $1,486 $19,280 $0 $0
2015 $1,582 $19,280 $0 $0
2014 $1,391 $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: 23000419

CHS Regional MLS

APN: 571-06-00-103