Seller's Agent in 2021
James Miles
AgentOwned Realty Preferred Group
(864) 363-3049
17 in this area
24 Total Sales
3908 Palm Blvd Isle of Palms, SC 29451
Estimated Value: $5,882,000 - $9,458,418
9
Beds
10.5
Baths
6,896
Sq Ft
$1,112/Sq Ft
Est. Value
Highlights
- Beach Front
- Marina
- Golf Course Community
- Sullivans Island Elementary School Rated A
- Boat Ramp
- Wine Cellar
About This Home
As of October 2021For the luxury lifestyle your client expects, we present this immaculate custom-built home overlooking the Atlantic Ocean. This exquisite residence, built in 2006, offers the finest in beach front living. Discerning buyers will immediately recognize the quality of this artfully constructed home. Constructed with the finest materials, including Andersen high impact windows and doors, as well as exotic IPE decking, this 9-bedroom home also boasts beautiful Brazilian cherry floors throughout. A custom kitchen overlooking the Atlantic is worthy of the most discriminating chef. It features all top-of-the-line stainless steel appliances as well as a separate wine room. You will love the natural light and wonderful views throughout this home. READ MOREThe third-floor bedroom's panoramic views are the most spectacular, breathtaking viewpoints of one of the nation's top beaches. Oceanside, lounging by your infinity edge pool, you will experience beach living at its finest as you enjoy revitalizing breezes just steps from the Atlantic. The outdoor living area is complete with an outdoor kitchen with a stainless steel built-in grill. The separate gazebo off the private boardwalk provides additional serenity to capture your own sunrise. Tankless hot water heaters, spray foam insulation throughout, metal roof, and low E Andersen impact doors and windows are some of the sustainability features reducing our carbon footprint. This home has a transferable ''grandfathered'' vacation rental license for a maximum occupancy of 28 (current law only provides 12 occupants). For 2021, the projected rental revenue will exceed $700,000 with $647,000 of rentals already on the books. Furniture does not convey but may be purchased on a separate bill of sale. This home is shown by appointment only.
Last Agent to Sell the Property
AgentOwned Realty Preferred Group License #75303 Listed on: 05/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $66,232
Year Built
- Built in 2006
Lot Details
- 0.92 Acre Lot
- Beach Front
- Well Sprinkler System
Parking
- 5 Car Garage
Home Design
- Traditional Architecture
- Raised Foundation
- Metal Roof
- Cement Siding
Interior Spaces
- 6,896 Sq Ft Home
- 3-Story Property
- Wet Bar
- Central Vacuum
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Thermal Windows
- ENERGY STAR Qualified Windows
- Insulated Doors
- Entrance Foyer
- Wine Cellar
- Family Room with Fireplace
- Great Room
- Combination Dining and Living Room
- Home Theater
- Home Office
- Bonus Room
- Utility Room with Study Area
- Exterior Basement Entry
Kitchen
- Eat-In Kitchen
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 9 Bedrooms
- Double Master Bedroom
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
- Storm Doors
Pool
- Above Ground Pool
- Spa
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
- Gazebo
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Central Air
- Heating Available
- Tankless Water Heater
- Septic Tank
Additional Features
- Adaptable For Elevator
- Energy-Efficient Insulation
Community Details
Overview
- Club Membership Available
Amenities
- Clubhouse
- Elevator
Recreation
- Boat Ramp
- Marina
- Golf Course Community
- Golf Course Membership Available
- Tennis Courts
- Community Pool
- Community Spa
- Dog Park
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2021
Closed on
Oct 6, 2021
Sold by
3908 Iop Llc
Bought by
Goshen Investments Llc
Seller's Agent
James Miles
AgentOwned Realty Preferred Group
Buyer's Agent
Joanne Grimshaw
AgentOwned Realty Preferred Group
List Price
$7,930,000
Sold Price
$7,930,000
Total Days on Market
91
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
-$259,791
Avg. Annual Appreciation
-1.71%
Original Mortgage
$51,950,000
Outstanding Balance
$47,884,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$40,439,851
Purchase Details
Closed on
Dec 19, 2017
Sold by
Holland Properties Llc
Bought by
3908 Lop Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 10, 2014
Sold by
Palm Boulevard Llc
Bought by
Holland 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
$4,000,000
Interest Rate
4.29%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 6, 2006
Sold by
3908 Palm Llc
Bought by
Palm Boulevard Llc
Purchase Details
Closed on
Apr 15, 2005
Sold by
Dreyer Carolyn H and Dreyer Russell H
Bought by
3908 Palm Llc
Purchase Details
Closed on
Dec 15, 2003
Sold by
Dreyer Carolyn H
Bought by
Dreyer Russell H
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goshen Investments Llc | $7,930,000 | None Listed On Document | |
| 3908 Lop Llc | -- | None Available | |
| Holland Properties Llc | $4,986,363 | -- | |
| Palm Boulevard Llc | $5,750,000 | None Available | |
| 3908 Palm Llc | $2,200,000 | -- | |
| Dreyer Russell H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Goshen Investments Llc | $3,029,979 | |
| Open | Goshen Investments Llc | $51,950,000 | |
| Closed | Goshen Investments Llc | $1,950,000 | |
| Previous Owner | 3908 Lop Llc | $4,000,000 | |
| Previous Owner | Holland Properties Llc | $4,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2021 10/04/21 | Sold | $7,930,000 | 0.0% | $1,150 / Sq Ft |
| 09/04/2021 09/04/21 | Pending | -- | -- | -- |
| 05/05/2021 05/05/21 | For Sale | $7,930,000 | -- | $1,150 / 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 | $81,501 | $356,850 | $0 | $0 |
| 2022 | $102,500 | $475,800 | $0 | $0 |
| 2021 | $71,426 | $335,160 | $0 | $0 |
| 2020 | $70,443 | $335,160 | $0 | $0 |
| 2019 | $66,232 | $299,100 | $0 | $0 |
| 2017 | $63,367 | $299,100 | $0 | $0 |
| 2016 | $60,804 | $299,100 | $0 | $0 |
| 2015 | $57,921 | $299,100 | $0 | $0 |
| 2014 | $38,945 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James Miles
-
Joanne Grimshaw
J
Buyer's Agent in 2021
Joanne Grimshaw
AgentOwned Realty Preferred Group
4 in this area
22 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 21011961
APN: 571-11-00-163
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