$1,400,000
SOLD APR 16, 2025

31 31st Ave Isle of Palms, SC 29451

3 Beds
1.5 Baths
1,340 Sq Ft
0.37 Acres

Recently Sold

$1,045 Per Sq Ft

17% Above List Price

2 Days on Market

Highlights

  • Separate Outdoor Workshop
  • Screened Patio
  • Level Lot
  • Sullivans Island Elementary School Rated A
  • Window Unit Cooling System
  • No Heating

About This Home

As of April 2025

ALL OFFERS DUE Saturday 4/5 11am. Seller appreciates all of the interest and is grateful. Prime Opportunity on Isle of Palms-Welcome to 31 31st Ave, a rare slice of island potential just waiting to be reimagined. Situated just blocks from the beach, this oversized lot presents an exceptional opportunity for investors, homeowners, or custom builders looking to capitalize on the best of coastal living in one of the Charleston area's most coveted markets.Centrally located in a quiet residential neighborhood, the property is just a short walk or golf cart ride to the beach--with effortless access to island dining, boutique shopping, and world-class golf.With strong demand for both rentals and resales, this is an ideal property for spec builders, long-term investors, or anyone ready to bring a dream project to life.

Last Agent to Sell the Property

Alexandra Berney

Daniel Ravenel Sotheby's International Realty License #131789 Listed on: 04/03/2025

Daniel Ravenel Sotheby's International Realty

Last Buyer's Agent

Misti Cox

King and Society Real Estate License #88920

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,409

Year Built

  • Built in 1965

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Screened Patio
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Window Unit Cooling System
  • No Heating
  • Septic Tank

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,409

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Year Built: 1965
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.37
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: From The Iop Connector. Take A Left At The Traffic Light. Left Onto 31st. House Will Be On The Left.
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Other

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick Veneer
  • Foundation Details: Crawl Space
  • Other Structures: No, Workshop
  • Patio And Porch Features: Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: No
  • 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: 16117.199999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5710600036
  • Tax Annual Amount: 1409

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Apr 15, 2025
Sold by
Reynolds Michael F
Bought by
Davidson Peter and Davidson Susan
Seller's Agent
Alexandra Berney
Daniel Ravenel Sotheby's International Realty
Buyer's Agent
Misti Cox
King and Society Real Estate
List Price
$1,199,000
Sold Price
$1,400,000
Premium/Discount to List
$201,000
16.76%
Views
9
Current Estimated Value
$1,460,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,506
Avg. Annual Appreciation
8.24%
Original Mortgage
$1,300,000
Outstanding Balance
$1,300,000
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$134,784

Purchase Details

Closed on
May 2, 2018
Sold by
The Beach Co
Bought by
Reynolds Michael F and Reynolds Holly A

Purchase Details

Closed on
Sep 23, 2010
Sold by
Reynolds Michael F and Reynolds Holly A
Bought by
Reynolds Michael F and Reynolds Holly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 Type Sale Price Title Company
Deed $1,400,000 None Listed On Document
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,300,000 Construction
Previous Owner $145,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $1,400,000 +16.8% $1,045 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $1,199,000 -- $895 / 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 $1,409 $16,170 $0 $0
2023 $1,409 $16,170 $0 $0
2022 $1,370 $16,170 $0 $0
2021 $1,463 $16,170 $0 $0
2020 $1,516 $16,170 $0 $0
2019 $1,344 $13,800 $0 $0
2017 $1,459 $15,800 $0 $0
2016 $1,372 $15,800 $0 $0
2015 $1,458 $15,800 $0 $0
2014 $1,406 $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: 25008955

CHS Regional MLS

APN: 571-06-00-036