NOT LISTED FOR SALE

3005 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $3,823,000 - $5,162,000

5 Beds
4.5 Baths
4,382 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $2,250,000 $513 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $24,145/month

148 Days on Market

Highlights

  • Beach Access
  • Above Ground Pool
  • Contemporary Architecture
  • Sullivans Island Elementary School Rated A
  • Two Primary Bedrooms
  • Wood Flooring

About This Home

As of October 2016

Iconic Isle of Palms home! Has never been a rental, but rental projection is $239,500/yr! This stunning second row home features an infinity edge pool, ocean views, poolside cabana, incredible curved staircase, reverse floorplan, elevator, and tons of living space. You have to see this one to believe it. The primary master bedroom is upstairs with ocean views, a walk in closet, spacious master bathroom, and its own HVAC system. The custom kitchen, dining area and gracious living room finish out the second floor. Don't miss the phenomenal ocean views from the second floor porch! On the first floor, the grand entry hall leads to the pub room/family area that has three French doors that open right onto the pool deck. You can relax in the infinity edge pool as you enjoy the ocean breezBefore stepping inside, look directly across the street to the very convenient beach access. Up the front stair, the mahogany pool deck encircles the pool and features a beach view cabana with outdoor fireplace. Once inside take a moment before walking upstairs and look up at the awe inspiring three story entry hall with curved stair case. On the second floor, you can stand just about anywhere and have ocean views through a wall of windows. The gourmet kitchen is a chef's dream with 48" Viking Range with dual ovens and built in hood, Viking refrigerator, Bosch dishwasher, microwave, huge kitchen island, and large walk in pantry. The custom cabinets and granite countertops complete this high end kitchen. Just off of the kitchen is the wet bar with sink and wine refrigerator. The open floorplan features a large eating area that is open to the family room just past the gas fireplace. The living area has a wall mounted flat panel TV, built ins, and another wet bar with beverage station. The home audio system features control panels at several locations throughout the home to allow for touch screen zone by zone control of your audio entertainment including speakers in the poolside cabana. Don't miss the third floor deck with even better views of the ocean and beach. On the first floor, you will find a second master bedroom with ensuite bath. In the front of the home, there are two more bedrooms that share a Jack and Jill bathroom, and just off of the pub room is the 'bunk room' that has a connecting bathroom. Back out on the front porch, walk around to the side to find the private outdoor shower and access to the fenced backyard. All of this luxury is served by a three stop elevator for easy access. The huge garage area has a huge double door and a smaller single door perfect for a golf cart. This home will satisfy even the most discriminating beach lover.

Last Agent to Sell the Property

Jason Ogden

The Exchange Company, LLC License #37583 Listed on: 03/23/2016

Last Buyer's Agent

Michele Miller Boykin

EXP Realty LLC License #91949

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,680

Year Built

  • Built in 2009

Lot Details

  • 0.26 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Level Lot
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Raised Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,382 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Beach Access
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,680

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary, Traditional
  • Year Built: 2009
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.26
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Once On Iop, Head North On Palm Blvd. House Will Be On The Left, 3rd House After 30th Ave.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Tankless Water Heater
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Living/Dining Combo, Loft, In-Law Floorplan, Pantry
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Fencing: Wrought Iron, Fence - Wooden Enclosed
  • Lot Features: Level
  • Pool Features: Pool - Elevated
  • Pool Private: Yes
  • Waterfront Features: Beach Access
  • Construction Type: Wood Siding
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Front Porch, Porch - Full Front, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage, Attached, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5711000072
  • Tax Annual Amount: 20679.82

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Oct 5, 2016
Sold by
Walton Brian R and Walton Tamera N
Bought by
Mccurry James F and Mccurry Brenda L
Seller's Agent
Jason Ogden
The Exchange Company, LLC
Buyer's Agent
Michele Miller Boykin
EXP Realty LLC
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$4,453,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,203,871
Avg. Annual Appreciation
7.45%
Original Mortgage
$1,575,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2009
Sold by
Walters C Ingram
Bought by
Walton Brian R and Walton Tamera N

Purchase Details

Closed on
Oct 15, 2007
Sold by
Edwards Carroll M
Bought by
Walters C Ingram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,424,760
Interest Rate
6.26%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2006
Sold by
Laurens Richard Giles and Hollinger Wayne Miller
Bought by
Edwards Carroll M

Purchase Details

Closed on
Aug 30, 2006
Sold by
Lmh Associates
Bought by
Laurens Richard Giles and Hollinger Wyane Miller
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
Mccurry James F $2,250,000 --
Walton Brian R $2,200,000 --
Walters C Ingram $1,420,000 Attorney
Edwards Carroll M $1,375,000 None Available
Laurens Richard Giles $750,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccurry James F $1,575,000
Previous Owner Walters C Ingram $2,424,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2016 10/11/16 Sold $2,250,000 0.0% $513 / Sq Ft
09/11/2016 09/11/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $2,250,000 -- $513 / 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 $7,489 $99,000 $0 $0
2023 $7,489 $99,000 $0 $0
2022 $7,512 $99,000 $0 $0
2021 $8,081 $99,000 $0 $0
2020 $31,307 $99,000 $0 $0
2019 $29,988 $90,000 $0 $0
2017 $28,682 $135,000 $0 $0
2016 $21,713 $106,340 $0 $0
2015 $20,680 $106,340 $0 $0
2014 $24,651 $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: 16007641

CHS Regional MLS

APN: 571-10-00-072