NOT LISTED FOR SALE

Estimated Value: $929,000 - $1,006,000

3 Beds
2 Baths
1,388 Sq Ft
$687/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $795,000 $573 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,499/month

90 Days on Market

Highlights

  • Beach Access
  • Wood Flooring
  • Cooling Available
  • Deck
  • Cottage
  • Kitchen Island

About This Home

As of February 2023

Back on the Market due to Buyer financing falling through 2 days before closing. Appraisal has been done, home inspection has been done. Lots of STR bookings are coming in for 2023!!!!! ***Say Hello to this charming 1958 Cottage located on the fabulous Island of Edisto Beach.***3105 Palmetto is a Turnkey STR that has been recently renovated and offers so much character and charm. The sellers spared no expense in renovating this ADORBALE 3 Bedroom 2 Bath home. With only a short 5 minute walk to the Beach, one will truly appreciate the location of this property. Walking in the front door you are welcomed by bright, white tongue and groove floors and ceilings. This open floor plan allows for open expansive views from all around.The Living Room and Dining Room flow into the Renovated Kitchen which offers all new Cabinets, granite counter tops and all new appliances making cooking in this Kitchen one room to enjoy. In the Kitchen you will find the side porch. A perfect spot to sit back and enjoy the nice beach breeze while grilling with friends and family. Down the hall you will find 3 spacious Bedrooms. All rooms offer new lighting/fans. Both Bathrooms have been remodeled and offer tile showers and floors, new vanities and toilets and all new lighting. The yard is a blank canvas and offers many possibilities, out back you will find the Edisto bike path. If that isn't enough the home offers a brand new roof, hvac, windows, water heater and updated electric and plumbing. Seller is selling the home fully furnished with the exception of a few items (see agent notes). The property does very well as a STR and is completely booked up for next summer bringing in $500-600 a night. Reservations can be transferred or removed should buyer want the property as a primary resident.

Last Agent to Sell the Property

Cassie Tollens

Maven Realty License #54868 Listed on: 10/18/2022

Last Buyer's Agent

John Terrier

Matt O'Neill Real Estate License #128845

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,649

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot
  • Elevated Lot

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Stacked Washer and Dryer

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access
  • Deck

Schools

  • Bells Elementary School
  • Colleton Middle School
  • Colleton High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

Overview

  • Beach Walk Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,649

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1958
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Ownership: Fee Simple
  • Subdivision Name: Beach Walk
  • Directions: From Charleston - Take Hwy 174 Towards Edisto Beach Turn Right Onto Palmetto Blvd. House Will Be Down Approx. 31 Blocks On The Right.
  • 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, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Kitchen Island, Ceiling Fan(s), Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Lot Features: 0 - .5 Acre, High
  • Waterfront Features: Beach Access
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash, Walk/Jog Trails

Schools

  • Elementary School: Bells Elementary
  • High School: Colleton
  • Middle Or Junior School: Colleton

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 3541200161

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Feb 2, 2023
Sold by
Manchester Capital Llc
Bought by
Vollmer Daniel and Ruffner Melanie
Seller's Agent
Cassie Tollens
Maven Realty
Buyer's Agent
John Terrier
Matt O'Neill Real Estate
List Price
$847,000
Sold Price
$795,000
Premium/Discount to List
-$52,000
-6.14%
Views
41
Current Estimated Value
$953,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,874
Avg. Annual Appreciation
7.65%
Original Mortgage
$715,500
Outstanding Balance
$695,944
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$257,930

Purchase Details

Closed on
Oct 1, 2021
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Manchester Capital Llc

Purchase Details

Closed on
Jul 15, 2021
Sold by
Toxie Carolyn and Kincannon Todd
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 2, 2010
Sold by
Kincannon Carolyn Roxie Todd and Kincannon James John Todd
Bought by
Kincannon Carolyn Roxie Todd and Kincannon James Todd
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
Vollmer Daniel $795,000 --
Manchester Capital Llc $452,401 None Available
Federal Home Loan Mortgage Corporation $400,000 None Available
Kincannon Carolyn Roxie Todd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vollmer Daniel $715,500
Previous Owner Manchester Capital Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $795,000 -3.9% $573 / Sq Ft
12/02/2022 12/02/22 Price Changed $827,000 -2.4% $596 / Sq Ft
10/18/2022 10/18/22 For Sale $847,000 -- $610 / 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 $14,649 $790,000 $320,000 $470,000
2023 $14,649 $790,000 $320,000 $470,000
2022 $8,331 $450,000 $260,000 $190,000
2021 $5,215 $450,000 $260,000 $190,000
2020 $5,217 $283,000 $200,000 $83,000
2019 $5,203 $283,000 $200,000 $83,000
2018 $5,145 $16,980 $12,000 $4,980
2017 $4,986 $16,980 $0 $0
2016 $4,188 $14,400 $14,400 $0
2015 -- $14,400 $14,400 $0
2014 -- $14,400 $14,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 22026686

CHS Regional MLS

APN: 354-12-00-161