NOT LISTED FOR SALE

Estimated Value: $1,771,000 - $2,196,692

7 Beds
4 Baths
2,520 Sq Ft
$815/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $1,300,000 $516 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $14,613/month

52 Days on Market

Highlights

  • Beach Access
  • Two Primary Bedrooms
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2021

Amazing, rare DUPLEX opportunity on beautiful Isle of Palms! There are options galore as this duplex can be a full-time home, a vacation rental, or a vacation home. This home features newer cement plank siding, newer windows, newer gutters, newer composite deck & rails, newer septic tank, newer tankless water heaters, hardwood & low maintenance laminate flooring, granite counters, & updated bathrooms. There are 2 separate entrances. The main floor includes four bedrooms, two full bathrooms, a living/dining area, a kitchen, laundry, and a fenced-in backyard with a deck & patios. The second floor includes three bedrooms, two full bathrooms, a living/dining area, a kitchen, laundry, a covered second floor porch, & a fenced-in section of the backyard. Both units have sunrooms that arecurrently being used as bedrooms for vacation rental purposes. You will love the close beach access at 29th Ave, and the Rec Center with tennis, basketball, a playground, and a dog park is just 1 1/2 blocks away! No question about it...this is a very unique & exciting opportunity on IOP.
*This property is a Vacation Rental and has restricted availability to see it.

Last Agent to Sell the Property

Shane Spurling

Matt O'Neill Real Estate License #80733 Listed on: 03/04/2021

Last Buyer's Agent

Shane Spurling

Matt O'Neill Real Estate License #80733 Listed on: 03/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,402

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Privacy Fence

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Septic Tank

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,402

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1950
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.2
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Turn Left Off Of The Isle Of Palms Connector Follow Palm Blvd. To 29th Avenue. Turn Left On To 29th Avenue. #3 Is The Second Home On The Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Wood
  • Interior Amenities: Ceiling - Smooth, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Living/Dining Combo, In-Law Floorplan, Office
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Privacy
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Beach Access
  • Construction Type: Cement Plank
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: No
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710900154
  • Tax Annual Amount: 10401.8

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Aug 2, 2021
Sold by
Host Llc
Bought by
Belforte Brian and Belforte Sandra L
Seller's Agent
Shane Spurling
Matt O'Neill Real Estate
Buyer's Agent
Shane Spurling
Matt O'Neill Real Estate
List Price
$1,499,999
Sold Price
$1,300,000
Premium/Discount to List
-$199,999
-13.33%
Total Days on Market
52
Current Estimated Value
$2,054,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,923
Avg. Annual Appreciation
12.89%
Original Mortgage
$1,040,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2018
Closed on
Jul 15, 2019
Sold by
Mccord Gary E
Bought by
Host Llc
Seller's Agent
John Denning
Wild Dunes Real Estate, LLC
Buyer's Agent
John Denning
Wild Dunes Real Estate, LLC
List Price
$810,000
Sold Price
$810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.96%
Original Mortgage
$607,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Dolphin Partners Llc
Bought by
Mccord Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2007
Sold by
Mccord Gary E
Bought by
Dolphin Partners Llc
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
Host Llc $810,000 None Available
Mccord Gary E -- --
Dolphin Partners Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belforte Brian $2,720,000
Closed Host Llc $607,500
Previous Owner Mccord Gary E $366,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $1,300,000 -13.3% $516 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,499,999 +85.2% $595 / Sq Ft
07/16/2019 07/16/19 Sold $810,000 0.0% $332 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $810,000 -- $332 / 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 $37,462 $58,500 $0 $0
2022 $16,987 $78,000 $0 $0
2021 $10,544 $48,600 $0 $0
2020 $10,402 $48,600 $0 $0
2019 $7,262 $31,920 $0 $0
2017 $6,922 $31,860 $0 $0
2016 $6,649 $31,860 $0 $0
2015 $6,331 $31,860 $0 $0
2014 $6,325 $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: 21005739

CHS Regional MLS

APN: 571-09-00-154