2916 Palm Blvd Isle of Palms, SC 29451
Estimated Value: $5,550,000 - $8,910,000
6
Beds
6.5
Baths
4,050
Sq Ft
$1,725/Sq Ft
Est. Value
Highlights
- Beach Front
- Home Theater
- Two Primary Bedrooms
- Sullivans Island Elementary School Rated A
- Above Ground Pool
- 0.81 Acre Lot
About This Home
As of November 2020Ocean, ocean, ocean! Stunning ocean views from close to every room in this incredible beach home. Photos do not do the justice of walking in and being engulfed by the felling of AHHHH. Beautiful elevated heated pool with swim up bar stools and large spa at greatroom level makes for an easy lifestyle, with commercial grade outdoor kitchen, you may never eat inside! Enjoy the views from one of your 4 decks including a very spacious roof-top for peaceful star gazing. Luxurious landscaping offers privacy and your own island oasis. Private beach path with a shady Gazebo and shower. Each of the 6 bedrooms have their own private En-suite., and separate from one another. So many beautiful features to list please call for details.This is an incredible one owner home that has been meticulously cared for and upgraded. This is a must see home. Photos only do a small bit of justice. Property subject to SC Vacation Rental Act. All information deemed to be true but may not be exact, please verify. A $14,000 Lender Credit is available and will be applied towards the buyer's closing costs and pre-paids if the buyer chooses to use the seller's preferred lender. This credit is in addition to any negotiated seller concessions. All information deemed to be true but may not be exact, buyer to verify.
Last Agent to Sell the Property
Carolina One Real Estate License #19347 Listed on: 10/08/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,759
Year Built
- Built in 2004
Lot Details
- 0.81 Acre Lot
- Lot Dimensions are 61x515
- Beach Front
- Irrigation
Parking
- 4 Car Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Raised Foundation
- Architectural Shingle Roof
- Cement Siding
Interior Spaces
- 4,050 Sq Ft Home
- 3-Story Property
- Elevator
- Wet Bar
- High Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Window Treatments
- Entrance Foyer
- Great Room with Fireplace
- Home Theater
- Bonus Room
- Game Room
- Utility Room
- Exterior Basement Entry
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Double Master Bedroom
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Above Ground Pool
- Spa
Outdoor Features
- Deck
- Exterior Lighting
- Gazebo
- Front Porch
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Cooling Available
- Heat Pump System
- Septic Tank
Community Details
- Isle Of Palms Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2018
Closed on
Oct 27, 2020
Sold by
2916 Palm Blvd Llc
Bought by
Quane Robert and Quane Alessandrea
Seller's Agent
Brigitte McElroy
Carolina One Real Estate
Buyer's Agent
Rick Fain
Dunes Properties of Chas Inc
List Price
$5,300,000
Sold Price
$4,450,000
Premium/Discount to List
-$850,000
-16.04%
Total Days on Market
716
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,535,962
Avg. Annual Appreciation
5.74%
Original Mortgage
$3,337,500
Outstanding Balance
$3,030,249
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,718,658
Purchase Details
Closed on
Sep 24, 2004
Sold by
Our Beach Home Llc
Bought by
2916 Palm Blvd Llc
Purchase Details
Closed on
May 19, 2003
Sold by
J & P Llc
Bought by
Our Beach Home Llc
Purchase Details
Closed on
May 15, 2002
Sold by
The Beach Co
Bought by
J & P Llc
Similar Homes in Isle of Palms, SC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quane Robert | $4,450,000 | None Available | |
| 2916 Palm Blvd Llc | $2,850,000 | -- | |
| Our Beach Home Llc | $1,475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quane Robert | $3,337,500 | |
| Previous Owner | 2916 Palm Blvd Llc | $4,800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2020 11/05/20 | Sold | $4,450,000 | -16.0% | $1,099 / Sq Ft |
| 09/24/2020 09/24/20 | Pending | -- | -- | -- |
| 10/08/2018 10/08/18 | For Sale | $5,300,000 | -- | $1,309 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $61,036 | $267,000 | $0 | $0 |
| 2022 | $57,594 | $267,000 | $0 | $0 |
| 2021 | $56,935 | $267,000 | $0 | $0 |
| 2020 | $33,950 | $161,110 | $0 | $0 |
| 2019 | $31,114 | $140,100 | $0 | $0 |
| 2017 | $29,759 | $140,100 | $0 | $0 |
| 2016 | $28,559 | $140,100 | $0 | $0 |
| 2015 | $27,202 | $140,100 | $0 | $0 |
| 2014 | $28,185 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brigitte McElroy
Seller's Agent in 2020
Brigitte McElroy
Carolina One Real Estate
(843) 708-5353
17 in this area
35 Total Sales
-
Rick Fain
R
Buyer's Agent in 2020
Rick Fain
Dunes Properties of Chas Inc
(843) 886-5600
2 in this area
5 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 18027518
APN: 571-10-00-255
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