3806 Palm Blvd Isle of Palms, SC 29451
1.25
Acres
$4,760,000
Price per Acre
54,450
Sq Ft Lot
Highlights
- Beach Front
- Marina
- 1.25 Acre Lot
- Sullivans Island Elementary School Rated A
- Boat Ramp
- Trails
About This Lot
As of October 2024Embrace the coastal dream with this exceptional oceanfront lot, perfectly situated on the highly coveted stretch of Palm Blvd on the Isle of Palms, South Carolina. Spanning generously along the shoreline with 1.25 acres, this expansive property presents a rare opportunity to build your dream home in a location renowned for its breathtaking views and tranquil surroundings. Key Features include:Unparalleled Ocean Frontage: Wake up to the soothing sounds of waves and relish in uninterrupted panoramic ocean views. Your backyard is the Atlantic Ocean, offering a front-row seat to captivating sunrises and endless sea vistas.Desirable Location: Nestled on the most sought-after part of Palm Blvd, this lot enjoys proximity to the island's finest amenities, restaurants, and recreationalactivities. Experience the perfect blend of seclusion and accessibility.
Endless Possibilities: With no Homeowners Association (HOA) restrictions, let your imagination run wild. Design and construct the home of your dreams, personalized to your unique vision and lifestyle.
Island Lifestyle: Immerse yourself in the laid-back charm of Isle of Palms. Enjoy sandy beaches, world-class golf courses, and a vibrant community that celebrates the coastal way of life.
Seize this rare opportunity to own a piece of coastal paradise. Create memories against the backdrop of endless horizons and make your dream home a reality. Contact us now to unlock the full potential of this unparalleled oceanfront property. Photos are from a similarly constructed home by Sea Island Builders. The heated SF is 5,365 SF. Buyer can discuss build cost for similar home w/ builder. Listing price for LAND only.
Last Agent to Sell the Property
The Brennaman Group License #42900 Listed on: 12/29/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $29,110
Year Built
- 1962
Lot Details
- 1.25 Acre Lot
- Beach Front
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Community Details
- Boat Ramp
- Marina
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2023
Closed on
Sep 27, 2024
Sold by
Driftwood Dunes Llc
Bought by
Roger S Sherrard Living Trust and Sherrard
Seller's Agent
Bob Brennaman Jr
The Brennaman Group
Buyer's Agent
Winn Walker
Carolina One Real Estate
List Price
$6,300,000
Sold Price
$5,950,000
Premium/Discount to List
-$350,000
-5.56%
Total Days on Market
238
Views
124
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$371,983
Avg. Annual Appreciation
-17.53%
Purchase Details
Closed on
Jun 2, 2013
Sold by
Flintom Susan S and Hill Mary S
Bought by
Driftwood Dunes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2000
Sold by
Butler Jeannie S
Bought by
Flintom Susan S
Purchase Details
Closed on
Jun 30, 2000
Sold by
Jss & Associates
Bought by
Butler Jeannie S and Flintom Susan S
Similar Property in Isle of Palms, SC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $5,950,000 | None Listed On Document | |
| Deed | $2,347,456 | -- | |
| Deed | $150,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $5,950,000 | -4.0% | $2,167 / Sq Ft |
| 06/25/2024 06/25/24 | Price Changed | $6,200,000 | -1.6% | $2,258 / Sq Ft |
| 12/29/2023 12/29/23 | For Sale | $6,300,000 | -- | $2,294 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $29,110 | $127,650 | $0 | $0 |
| 2022 | $27,489 | $127,650 | $0 | $0 |
| 2021 | $27,174 | $127,650 | $0 | $0 |
| 2020 | $26,800 | $127,650 | $0 | $0 |
| 2019 | $24,552 | $111,000 | $0 | $0 |
| 2017 | $23,486 | $111,000 | $0 | $0 |
| 2016 | $22,634 | $111,000 | $0 | $0 |
| 2015 | $21,580 | $111,000 | $0 | $0 |
| 2014 | $26,390 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Brennaman Jr
Seller's Agent in 2024
Bob Brennaman Jr
The Brennaman Group
(843) 323-8277
1 in this area
140 Total Sales
-
Winn Walker
W
Buyer's Agent in 2024
Winn Walker
Carolina One Real Estate
10 in this area
11 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 23028565
APN: 571-11-00-157
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