NOT LISTED FOR SALE

309 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $4,024,000 - $7,701,000

4 Beds
6 Baths
6,055 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $3,500,000 $578 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $34,152/month

288 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • River Front
  • Sullivans Island Elementary School Rated A
  • In Ground Pool
  • Two Primary Bedrooms

About This Home

As of January 2015

Incredible waterfront property with unobstructed views of Hamlin Creek and the Intracoastal Waterway, a very high-end gourmet kitchen that is a chef's dream, a custom swimming pool and hot tub, a fully equipped dock and outdoor kitchen, and the house has been fully renovated with the finest materials and detailed craftsmanship! This house has all of the bells and whistles you can imagine and more, and there is not another house on the island that matches its level of quality. The main level is an open plan which includes the foyer, great room, kitchen, two guest bedrooms, one of the master suites, laundry room, powder room, and screened porch. There is hardly any sheetrock at all with the walls and ceilings being wood, and the floors are Brazilian Cherry and slate. The great room has coffered ceilings, a wood-burning fireplace, and sweeping views of the water. The kitchen is elegant with custom cabinets, double thickness granite, 2 Sub-Zero refrigerators, Bosch dishwasher, wine cooler, ice maker, built-in microwave, trash compactor, Viking hood, and a huge Viking double oven with gas cooktop that has 6 burners, a grill and a griddle, and a sitting area with a bar and a gas fireplace. The downstairs master suite has outside access and a luxurious bathroom with dual vanities, water closet, separate tub and shower, and a huge walk-in closet. The 2 other guest rooms have hardwood floors and their own bathrooms. Upstairs, is a magnificent, master suite that has vaulted ceilings, wood walls and ceilings, outside deck access with views to die for, a gas fireplace, a fantastic bathroom, and his and hers closets. The master bath is very large with dual vanities with granite counters, Jacuzzi tub, water closet, and a separate glass-tiled shower with multiple spray heads. The "hers" closet has multiple storage areas for shoes, jewelry, clothing, and a dressing table in the center. Also upstairs, is a separate office with attached half bath, that has a gorgeous, nautical theme and stained wood finishes. Outside is the swimming pool and hot tub that overlook the water, and the outdoor kitchen is fully equipped with a gas grill, dishwasher, deep-fryer, ice maker, 2 sinks, a refrigerator, and a built-in, Green Egg smoker. The dock has plenty of room for 3 boats, a fish-cleaning sink, a boat lift, and a floating jet dock. Other custom features of this property include an aluminum fence and gate, an elevator that services all floors, Ipe decking, built-in speakers, plantation shutters, an unbelievable trim package, security camera system, and the coolest oyster roast room you have ever seen with custom shucking tables and barstools. If you are looking for a waterfront property to moor boats, and an incredible house to go with it, this is it! Too many other features to list. You have to come see it for yourself!

Last Agent to Sell the Property

Ashley Haynes

East Islands Real Estate License #13214 Listed on: 01/22/2014

Last Buyer's Agent

Ashley Haynes

East Islands Real Estate License #13214 Listed on: 01/22/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,779

Year Built

  • Built in 1997

Lot Details

  • 0.83 Acre Lot
  • Property fronts a marsh
  • River Front
  • Aluminum or Metal Fence
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Raised Foundation
  • Metal Roof

Interior Spaces

  • 6,055 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Stubbed Gas Line For Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room with Fireplace
  • 3 Fireplaces
  • Home Office
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Fireplace in Kitchen

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Bedroom
  • Double Master Bedroom
  • Dual Closets
  • Walk-In Closet

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • In Ground Pool
  • River Access
  • Boat Lift
  • Floating Dock
  • Wetlands on Lot
  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Community Details

Recreation

  • Boat Dock
  • Pier or Dock

Additional Features

  • Isle Of Palms Subdivision
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,779

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1997
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.83
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: From Sullivan's Island, Take Palm Blvd Headed North. House Will Be On The Left, Just After The Intersection Of 3rd Ave.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Trash Compactor
  • Accessibility Features: Handicapped Equipped
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Bedroom, Gas Connection, Great Room, Kitchen, Three, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Slate, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Tray Ceiling(s), High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Great, Office
  • Window Features: Skylight(s), Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Multiple Closets, Outside Access, Sitting Room, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Fencing: Fence - Metal Enclosed
  • Lot Features: .5 - 1 Acre, Wetlands
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Marshfront, River Access, River Front, Waterfront - Deep, Seawall
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Boatlift, Dock - Existing, Dock - Floating, Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Porch - Full Front, Screened
  • 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, Off Street, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock Facilities, Elevators

Schools

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

Lot Info

  • Lot Size Sq Ft: 36154.799999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5680900134

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
Jan 8, 2015
Sold by
Graybill Gayle D
Bought by
Flowers Garry and Flowers Robin
Seller's Agent
Ashley Haynes
East Islands Real Estate
Buyer's Agent
Ashley Haynes
East Islands Real Estate
List Price
$3,500,000
Sold Price
$3,500,000
Current Estimated Value
$6,256,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,756,336
Avg. Annual Appreciation
6.73%
Original Mortgage
$2,625,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Graybill Michael A
Bought by
Graybill Gayle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2010
Sold by
Alexander Thomas S
Bought by
Graybill Michael A and Graybill Gayle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Barnes Margaret A
Bought by
Alexander Thomas S and Irrevocable Trust Agreement Of Margaret

Purchase Details

Closed on
May 28, 2003
Sold by
Scott Judy
Bought by
Scott Rodney E and Scott Jenarious J

Purchase Details

Closed on
Jun 23, 2001
Sold by
Simmons Mary L
Bought by
Scott Judy

Purchase Details

Closed on
Aug 25, 2000
Sold by
Timmons Patricia A
Bought by
Barnes Margaret A
Source: Public Records

Range of Values:

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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
Flowers Garry $3,500,000 --
Graybill Gayle D -- --
Graybill Michael A $2,100,000 --
Alexander Thomas S -- --
Scott Rodney E -- --
Scott Judy -- --
Barnes Margaret A $1,995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Garry $2,625,000
Previous Owner Graybill Michael A $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $3,500,000 0.0% $578 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $3,500,000 -- $578 / 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 $11,779 $157,460 $0 $0
2023 $11,779 $157,460 $0 $0
2022 $11,847 $157,460 $0 $0
2021 $12,752 $157,460 $0 $0
2020 $13,264 $157,460 $0 $0
2019 $12,071 $140,000 $0 $0
2017 $44,534 $210,000 $0 $0
2016 $42,735 $210,000 $0 $0
2015 $8,510 $100,000 $0 $0
2014 $7,288 $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: 1402031

CHS Regional MLS

APN: 568-09-00-134