NOT LISTED FOR SALE

368 Old Palmetto Bluff Rd Bluffton, SC 29910

Palmetto Bluff Neighborhood

Estimated Value: $3,975,000 - $4,029,627

5 Beds
7 Baths
5,356 Sq Ft
$747/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $3,600,000 $672 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $25,163/month

543 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Wine Cellar
  • H.E. McCracken Middle School Rated A-
  • Deep Water Access
  • New Construction

About This Home

As of November 2023

MASSIVE Price Drop of $850K!!! This Brand new Home has over 5300 sq ft on 7 Acres. This beautiful home with Brick Exterior will have 5 BR's, 5 Full and 2 Half BA's Plus an office. This home has the perfect setting for peace and privacy while still having easy access in and out of Palmetto Bluff and close to all of the amenities of Wilson Village. Open floor plan, Almost 350 sq ft of screened porch with an outdoor fireplace and high end finishes throughout. Too many luxury finishes to mention, this is a MUST SEE Home! Estimated Completion Date of October 8th. Seller wants this home SOLD!!

Last Agent to Sell the Property

Neil Castellane

Charter One Realty (063) Listed on: 05/13/2022

Last Buyer's Agent

Amanda Cutrer

Palmetto Bluff Real Estate Co (709)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,262

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Tile

Interior Spaces

  • 5,356 Sq Ft Home
  • Wet Bar
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Wine Cellar
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Wood Flooring
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deep Water Access
  • Boat Ramp
  • Screened Patio

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 908
  • Assessor Parcel Number R614-045-000-0585-0000

Community Details

Recreation

  • Boat Ramp
  • Boat Dock
  • RV or Boat Storage in Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Palmetto Bluff Subdivision, Custom Floorplan
  • Restaurant
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,262

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 6.96
  • Ownership: Individual
  • Special Listing Conditions: None
  • Subdivision Name: PALMETTO BLUFF
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098

Interior Features

  • Furnished: Unfurnished
  • Appliances: Double Oven, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Fireplace, Main Level Primary, Multiple Closets, Smooth Ceilings, Unfinished Walls, Entrance Foyer, Eat-in Kitchen, Wine Cellar
  • Living Area: 5356.0
  • Dining Room Type: Bonus Room, Den, Dining Room, Eat-in Kitchen, Foyer, Garage, Great Room, Kitchen, Laundry, Living Room, Screened Porch, Utility Room, Wine Cellar
  • Window Features: Other

Exterior Features

  • Lot Features: 5-10 Acres
  • Pool Features: Community
  • View: Landscaped, Trees/Woods
  • View: Yes
  • Waterfront Features: Boat Ramp/Lift Access, Deep Water
  • Construction Type: Brick
  • Direction Faces: Unknown
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation, Paved Driveway, Porch, Patio
  • Patio And Porch Features: Rear Porch, Front Porch, Patio, Porch, Screened
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Boat Ramp, Dock, Fitness Center, Pickleball, Pool, RV/Boat Storage, Restaurant, Guard, Tennis Court(s), Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Number Of Lots: 1
  • Parcel #: R614-045-000-0585-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Oct 30, 2023
Sold by
A Shaw Llc
Bought by
Mckinley Brandon L and Mckinley Jennifer L
Seller's Agent
Neil Castellane
Charter One Realty (063)
Buyer's Agent
Amanda Cutrer
Palmetto Bluff Real Estate Co (709)
List Price
$4,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$1,150,000
-24.21%
Views
51
Current Estimated Value
$4,002,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,314
Avg. Annual Appreciation
8.05%
Original Mortgage
$2,880,000
Outstanding Balance
$2,830,427
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$1,307,855

Purchase Details

Closed on
Aug 24, 2022
Sold by
Shaw Antoine
Bought by
A Shaw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,433
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 22, 2020
Sold by
Collett Greg J
Bought by
Shaw Antoine

Purchase Details

Closed on
Dec 14, 2016
Sold by
May River Forest Llc
Bought by
Collett Greg J
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
Mckinley Brandon L $3,600,000 None Listed On Document
A Shaw Llc -- --
Shaw Antoine $325,000 None Available
Collett Greg J $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinley Brandon L $898,000
Open Mckinley Brandon L $2,880,000
Previous Owner A Shaw Llc $1,462,433
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $3,600,000 -7.7% $672 / Sq Ft
09/12/2023 09/12/23 Price Changed $3,900,000 -17.9% $728 / Sq Ft
05/13/2022 05/13/22 For Sale $4,750,000 -- $887 / Sq Ft
Source: REsides

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 $40,262 $144,000 $65,332 $78,668
2023 $6,271 $22,430 $0 $0
2022 $5,808 $19,500 $0 $0
2021 $5,702 $19,500 $0 $0
2020 $6,292 $22,190 $0 $0
2019 $6,180 $22,190 $0 $0
2018 $6,205 $22,190 $0 $0
2017 $5,667 $19,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REsides

MLS Number: 425272

REsides

APN: R614-045-000-0585-0000