NOT LISTED FOR SALE

Estimated Value: $1,662,093 - $1,809,000

5 Beds
2 Baths
2,420 Sq Ft
$718/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $583,000 $241 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $9,387/month

160 Days on Market

Highlights

  • Boat Dock
  • Beach Access
  • Deck
  • Sullivans Island Elementary School Rated A
  • Two Primary Bedrooms
  • Traditional Architecture

About This Home

As of June 2015

Price adjustment! This thoroughly enjoyed beach home is actually a legal duplex although used as single family and never rented! Approx. 1220 SF up and 1220 SF down. Years have gone by, but updates have been regular. High lot, 50 year architectural shingle roof, updated windows, HVAC, electrical and plumbing, flooring and nice kitchens both up and down. Grow into this home by renting half and living in other, later - improve as single family or...start over on great lot! Shallow well for irrigation. 2 storage bldgs. Plenty of parking - city water - Palm Boulevard and beach access is just across the street. Current Flood $2450 yr, W/H $2931 This is my pick for best value on ISLAND!

Last Agent to Sell the Property

Renee A Meyer

Carolina One Real Estate License #81086 Listed on: 12/11/2014

Carolina One Real Estate

Last Buyer's Agent

Jeff Gallman

Bottletree Properties, LLC License #58298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 100 x 85
  • Elevated Lot
  • Partially Fenced Property
  • Privacy Fence
  • Level Lot
  • Well Sprinkler System

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Thermal Windows
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room with Study Area
  • Exterior Basement Entry
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space

Outdoor Features

  • Beach Access
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Front Porch
  • Stoop

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

Overview

  • Isle Of Palms Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1950
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.2
  • Lot Size: 100 x 85
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: Isle Of Palms Connector In Mount Pleasant. Left On Palm Boulevard. Left On 26th Avenue. Home Is First On Right!
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Entry Location: Ground Level
  • Fireplace Features: Free Standing, Great Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling - Blown, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Living/Dining Combo, Other (Use Remarks), Study
  • Window Features: Thermal Windows/Doors, Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Multiple Closets, Outside Access
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Architectural
  • Fencing: Partial, Privacy
  • Lot Features: High, Level
  • Waterfront Features: Beach Access
  • Construction Type: Vinyl Siding
  • Exterior Features: Lawn Irrigation, Lawn Well, Stoop
  • Foundation Details: Slab
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Patio, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Parking Features: 1 Car Carport, Attached
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Community Features: Dock Facilities

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 2096.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jun 26, 2015
Sold by
Wall Marvin W
Bought by
Gallman Jeffrey W and Gallman Katherine M
Seller's Agent
Renee A Meyer
Carolina One Real Estate
Buyer's Agent
Jeff Gallman
Bottletree Properties, LLC
List Price
$700,000
Sold Price
$583,000
Premium/Discount to List
-$117,000
-16.71%
Current Estimated Value
$1,737,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,154,273
Avg. Annual Appreciation
11.00%
Original Mortgage
$553,800
Outstanding Balance
$431,519
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,305,754

Purchase Details

Closed on
Dec 1, 2014
Sold by
Wall Marvin W
Bought by
Wall Marvin W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallman Jeffrey W $583,000 --
Wall Marvin W -- --
Wall Marvin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallman Jeffrey W $553,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $583,000 -16.7% $241 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $700,000 -- $289 / 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 $2,985 $27,990 $0 $0
2023 $2,775 $27,990 $0 $0
2022 $2,702 $27,990 $0 $0
2021 $2,836 $27,990 $0 $0
2020 $3,030 $27,990 $0 $0
2019 $2,736 $24,570 $0 $0
2017 $2,637 $24,570 $0 $0
2016 $7,265 $24,570 $0 $0
2015 $8,972 $22,160 $0 $0
2014 $2,072 $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: 14031121

CHS Regional MLS

APN: 571-09-00-139