NOT LISTED FOR SALE

312 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $4,677,000 - $7,459,787

6 Beds
4.5 Baths
3,200 Sq Ft
$1,893/Sq Ft Est. Value

Last Sold March 30, 2015

Last sale price $2,450,000 $766 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $35,379/month

617 Days on Market

Highlights

  • Beach Front
  • Above Ground Pool
  • Fireplace in Bedroom
  • Sullivans Island Elementary School Rated A
  • 0.75 Acre Lot
  • Traditional Architecture

About This Home

As of March 2015

This Gorgeous home was completely renovated last year and is the best deal on Ocean Boulevard! It is located in between 3rd and 4th Avenue on Ocean and there is little to no traffic at this quiet end of the street. As you enter 312 Ocean you can see that renovation was professionally designed and executed. Downstairs you will find a TV/Sitting Room Area, 4 Spacious Bedrooms and expansive views of the Ocean. The Downstairs Deck is all Brand New complete with an Ipe Floor that will stand the test of time. The Second Floor has a Beautifully Renovated Kitchen, Spectacular Family Room and Dining Area, Bath room and Lovely and Spacious Master Suite complete with outside access to another expansive Deck with beautiful ocean views! The third floor has another large bedroom. The elevator goes from the ground level to the second floor making for easy access to all main areas. As you pull into the driveway at 312 Ocean, you immediately feel as if you are entering a Grand Estate. The house has wonderful curb appeal and the inside is sure to impress as well! The back yard is very spacious and has a large pool and fenced in patio area that accommodate any large gathering. If you are looking for a move in ready Ocean Front Estate at the right price, then you have to see 312 Ocean! At this price.....it won't last long! Contact the Agent for the Rental History if you are interested. It has a strong history.

Frank Rutigliano

Keller Williams Charleston Islands License #61245 Listed on: 06/12/2013

Keller Williams Charleston Islands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,900

Year Built

  • Built in 1992

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 78x425x78x423
  • Beach Front
  • Irrigation

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Multi-Level Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Community Details

  • Isle Of Palms Subdivision
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,900

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1992
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.75
  • Lot Size: 78X425X78X423
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: If Coming From The Iop Connector, Take A Right At The Stop Light, Go Down Palm Boulevard, Take A Left On To 6th Ave And A Right Onto Ocean Boulevard. The House Is A Few Blocks Down On The Left Side Of
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi-Story
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Bedroom, Family Room, Gas Log
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Great, Living/Dining Combo
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Lot Features: .5 - 1 Acre
  • Pool Features: Pool - Elevated
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Lawn Irrigation
  • Foundation Details: Raised
  • Patio And Porch Features: Patio
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators

Schools

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

Lot Info

  • Lot Size Sq Ft: 32670
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5680900175
  • Tax Annual Amount: 13900

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Mar 25, 2015
Sold by
Tb Coastal Properties Llc
Bought by
Spera Anthony P and Siracuse Spera Alana M
Buyer's Agent
Frank Rutigliano
Keller Williams Charleston Islands
List Price
$2,795,000
Sold Price
$2,450,000
Premium/Discount to List
-$345,000
-12.34%
Total Days on Market
617
Current Estimated Value
$6,058,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,608,447
Avg. Annual Appreciation
7.35%
Original Mortgage
$1,715,000
Outstanding Balance
$1,359,944
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$3,685,840

Purchase Details

Closed on
Jun 29, 2012
Sold by
Benson James A
Bought by
Tb Coastal Properties Llc

Purchase Details

Closed on
Jun 7, 2012
Sold by
Tb Coastal Properties Llc
Bought by
Benson James A

Purchase Details

Closed on
Jun 13, 2011
Sold by
Benson James A and Patrick Billy N
Bought by
Tb Coastal Properties Llc

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
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2003
Sold by
Mungo Michael J
Bought by
Seacoast 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
Spera Anthony P $2,450,000 --
Tb Coastal Properties Llc -- --
Benson James A -- --
Tb Coastal Properties Llc -- --
Benson James A $2,100,000 --
Seacoast Partners Llc $2,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spera Anthony P $1,715,000
Previous Owner Benson James A $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2015 03/30/15 Sold $2,450,000 -12.3% $766 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
06/12/2013 06/12/13 For Sale $2,795,000 -- $873 / 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 $38,726 $169,050 $0 $0
2022 $36,528 $169,050 $0 $0
2021 $36,111 $169,050 $0 $0
2020 $35,615 $169,050 $0 $0
2019 $32,638 $147,000 $0 $0
2017 $31,218 $147,000 $0 $0
2016 $29,959 $147,000 $0 $0
2015 $25,927 $133,500 $0 $0
2014 -- $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: 1315207

CHS Regional MLS

APN: 568-09-00-175