NOT LISTED FOR SALE

3907 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $4,603,000 - $5,448,000

8 Beds
8.5 Baths
4,403 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $3,900,000 $886 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $31,647/month

29 Days on Market

Highlights

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

About This Home

As of December 2021

Spectacular 2ND ROW contemporary Lowcountry home with breathtaking ocean Views. Estimated Completion December, 2021. Foundation Work started in March, 2021. This open concept is designed to be enjoyed as a luxury residence with the ability to generate substantial rental income. An elevated pool on the rear patio may be added for an additional $100,000. The kitchen opens out to an expansive great room which continues outside to a full length piazza to soak in the ocean views. Luxury finishes include quartz countertops, custom cabinets, professional grade appliances, boutique lighting, wide plank wood flooring, shiplap accents, and designer tile. Upstairs are dual master bedrooms, excellent for multi family use. The master bath features his and her vanities, a large walk in closet,and an oversized shower. Exterior finishings include 2 full length piazzas, a metal roof, ANDERSEN high impact windows, railings, and Garappa decking. The elevated pool if selected is located on the 1st floor for breathtaking views. A heated pool creates the potential for significant rental income throughout the year. ... a pro forma is included in the documents section on the listing. The remaining 6 bedrooms have ample bathrooms and include a Bunk Room where the kids can pile in and escape their parents. Early birds receive input into selecting finishes. MSP Custom Homes has has decades of experience building on the Island with an impressive portfolio of luxury homes.

Last Agent to Sell the Property

Oliver Caminos

St. Germain Properties LLC License #109059 Listed on: 03/26/2021

Last Buyer's Agent

Oliver Caminos

St. Germain Properties LLC License #109059 Listed on: 03/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,606

Year Built

  • Built in 1952 | Under Construction

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence

Parking

  • 4 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Cement Siding

Interior Spaces

  • 4,403 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Home Theater
  • Bonus Room
  • Game Room
  • Sauna
  • Storm Windows
  • Laundry Room

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Above Ground Pool
  • Balcony
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • Built by Msp Custom Homes, Inc.

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,606

Year Built

Built in 1952 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary
  • Year Built: 1952
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.25
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: North On Palm Blvd, House On Left
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: One, Other (Use Remarks)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, High Ceilings, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Bonus, Family, Entrance Foyer, Game, Great, Media, Sauna
  • Window Features: Storm Window(s)
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Fencing: Privacy
  • Pool Features: Pool - Elevated
  • Pool Private: Yes
  • Builder Name: Msp Custom Homes, Inc.
  • Construction Type: Cement Plank
  • Exterior Features: Balcony
  • Patio And Porch Features: Porch - Full Front
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: No
  • Parking Features: 4 Car Garage, Attached
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5711100130
  • Tax Annual Amount: 9605.97

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Colberg Brandon Leif and Colberg Ellen Monroe
Bought by
Palm Blvd Sc Llc
Current Estimated Value
$4,999,009

Purchase Details

Listed on
Mar 26, 2021
Closed on
Dec 8, 2021
Sold by
Brr Holdings Llc
Bought by
Colberg Brandon Leif and Colberg Ellen Monroe
Seller's Agent
Oliver Caminos
St. Germain Properties LLC
Buyer's Agent
Oliver Caminos
St. Germain Properties LLC
List Price
$3,900,000
Sold Price
$3,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$3,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2020
Closed on
Oct 29, 2020
Sold by
Macmanus Richard and Estate Of Carroll Simms Hartma
Bought by
Brr Holdings Llc
Seller's Agent
Whitley Boyd
Carolina One Real Estate
Buyer's Agent
Whitley Boyd
Carolina One Real Estate
List Price
$1,050,000
Sold Price
$915,000
Premium/Discount to List
-$135,000
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
273.60%

Purchase Details

Closed on
Feb 13, 2019
Sold by
Hartman Robert Lee and Hartman Carroll S
Bought by
Macmanus Richard

Purchase Details

Closed on
Mar 12, 2008
Sold by
Hartman Family Properties One Llc
Bought by
Hartman Robert Lee and Hartman Carroll S

Purchase Details

Closed on
Dec 29, 1999
Sold by
Lee Hartman Robert
Bought by
Hartman Family Properties One Llc
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
Palm Blvd Sc Llc -- None Listed On Document
Colberg Brandon Leif $3,900,000 None Listed On Document
Brr Holdings Llc $915,000 None Available
Hartman Robert Lee -- Attorney
Hartman Family Properties One Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colberg Brandon Leif $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $3,900,000 0.0% $886 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $3,900,000 +326.2% $886 / Sq Ft
11/05/2020 11/05/20 Sold $915,000 -12.9% $765 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $1,050,000 -- $878 / 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 $61,719 $270,000 $0 $0
2023 $61,719 $234,000 $0 $0
2022 $50,497 $234,000 $0 $0
2021 $11,843 $54,900 $0 $0
2020 $9,606 $45,000 $0 $0
2019 $8,813 $39,130 $0 $0
2017 $8,418 $39,130 $0 $0
2016 $8,083 $39,130 $0 $0
2015 $7,695 $39,130 $0 $0
2014 $8,774 $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: 21007977

CHS Regional MLS

APN: 571-11-00-130