NOT LISTED FOR SALE

3502 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $4,702,000 - $8,161,074

7 Beds
9 Baths
6,781 Sq Ft
$994/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $5,525,000 $815 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $42,951/month

12 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Above Ground Pool
  • Sullivans Island Elementary School Rated A
  • Under Construction
  • Two Primary Bedrooms

About This Home

As of August 2016

Incredible custom oceanfront home under construction with high-end interior finishes and appliances. 7 bedrooms, 7 full and 2 half baths. Reclaimed exposed wood beams, double ceiling fans, fireplace and built-in shelves in LR. Outdoor kitchen, infinity edge pool with spa, porches and sundeck. Hardwood and tile floors, shiplap paneling, wainscoting, elevator, and Rinnai tankless water heater. Spacious Master bedroom with large closet and bathroom on first and second floors.This home has a rental license allowing 12 occupants with projected rental income from Exclusive Properties of almost $342,000 annual base rental revenues.

Last Agent to Sell the Property

James Miles

AgentOwned Realty Preferred Group License #75303 Listed on: 06/15/2016

AgentOwned Realty Preferred Group

Last Buyer's Agent

Kristen Walker

Dunes Properties of Charleston Inc License #75392

Dunes Properties of Charleston Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,541

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 1.33 Acre Lot
  • Beach Front
  • Irrigation

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Charleston Architecture

Interior Spaces

  • 6,781 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Beamed Ceilings
  • Smooth Ceilings
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Theater
  • Sun or Florida Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Outdoor Features

  • Above Ground Pool
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • No Heating
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,541

Year Built

Built in 2016 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Charleston Single, Contemporary, Craftsman
  • Year Built: 2016
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 1.33
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Take Iop Connector To Palm Blvd, Turn Left, Go Past 34th Avenue, House Is On Right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 3
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Smooth, Elevator, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Living/Dining Combo, Media, Pantry, Sun
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Walk-In Closet(s)

Exterior Features

  • Lot Features: 1 - 2 Acres
  • Pool Features: Pool - Elevated
  • Pool Private: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: See Remarks
  • Exterior Features: Lawn Irrigation
  • Patio And Porch Features: Covered, Front Porch
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Attached
  • Total Parking Spaces: 2

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 57934.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 57110002135711000253

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 1, 2016
Sold by
Ross Stuart
Bought by
Boots 3502 Llc
Seller's Agent
James Miles
AgentOwned Realty Preferred Group
Buyer's Agent
Kristen Walker
Dunes Properties of Charleston Inc
List Price
$5,525,000
Sold Price
$5,525,000
Total Days on Market
12
Current Estimated Value
$6,738,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,213,025
Avg. Annual Appreciation
2.92%
Original Mortgage
$200,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2012
Sold by
Furr Mahlon R and Furr Mahlon Rumph
Bought by
Ross Stuart

Purchase Details

Closed on
Jan 5, 2012
Sold by
Furr James Michael
Bought by
Rumph Mahlon
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
Boots 3502 Llc $5,525,000 --
Ross Stuart $1,500,000 --
Rumph Mahlon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boots 3502 Llc $6,072,500
Closed Boots 3502 Llc $3,867,500
Closed Boots 3502 Llc $200,000
Previous Owner Ross Stuart $850,000
Previous Owner Rumph Mahlon Ann $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $5,525,000 0.0% $815 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $5,525,000 -- $815 / 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 $61,541 $269,220 $0 $0
2022 $58,071 $269,220 $0 $0
2021 $57,407 $269,220 $0 $0
2020 $56,617 $269,220 $0 $0
2019 $73,388 $331,500 $0 $0
2017 $70,191 $331,500 $0 $0
2016 $4,233 $54,000 $0 $0
2015 $5,244 $61,000 $0 $0
2014 $6,044 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Miles

    Seller's Agent in 2016

    James Miles

    AgentOwned Realty Preferred Group

    (864) 363-3049

    17 in this area

    24 Total Sales

    James Miles
    Section Image
  • Kristen Walker

    Buyer's Agent in 2016

    Kristen Walker

    Dunes Properties of Charleston Inc

    (843) 722-5618

    56 Total Sales

    Kristen Walker
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 16016164

CHS Regional MLS

APN: 571-10-00-213

South Carolina Charleston County Isle Of Palms 29451

3502 Palm Blvd, Isle Of Palms, SC

This home is located at 3502 Palm Blvd, Isle of Palms, SC 29451 since 15 June 2016 and is currently estimated at $6,738,025, approximately $993 per square foot. This property was built in 2016. 3502 Palm Blvd is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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