NOT LISTED FOR SALE

40 Ocean Point S Hilton Head Island, SC 29928

Port Royal Plantation Neighborhood

Estimated Value: $2,310,000 - $3,439,000

4 Beds
3.5 Baths
3,200 Sq Ft
$924/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $3,100,000 $969 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $16,829/month

70 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Clubhouse
  • Hilton Head Island High School Rated A-
  • Private Pool
  • Wood Flooring

About This Home

As of May 2024

Oceanfront beauty nestled in a private enclave inside the gates of Port Royal Plantation. Updates abound including remodeled kitchen, bathrooms and creation of a new half bath. All 4 bedrooms enjoy direct ocean views. Watch the waves from the covered back deck off the great room or go upstairs to the deck with the "even better view"! Lounge in the private pool or walk a block to the gorgeous oceanfront community pool at the Port Royal Beach House. In addition, Port Royal Plantation offers tennis and pickleball courts, walking/leisure trails, community gardens, arboretum and 24-hour security. Country club/golf memberships optional.

Last Agent to Sell the Property

Tammy Henry

Alliance Group Realty/Howard Hanna Tate (543) License #95502 Listed on: 01/18/2024

Last Buyer's Agent

Brad Lemon

RE/MAX Island Realty (521) License #17415

RE/MAX Island Realty (521)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,202

Year Built

  • Built in 2002

Lot Details

  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Asphalt Roof
  • Stucco
  • Tile

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Ocean Views
  • Home Security System
  • Attic

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Patio
  • Rain Gutters
  • Rear Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number R510-009-000-171C-008C

Community Details

Amenities

  • Community Garden
  • Community Fire Pit
  • Clubhouse

Recreation

  • Community Beach Access
  • Golf Course Membership Available
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Trails

Additional Features

  • Ocean Point Subdivision
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,202

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0.32
  • Ownership: Trust
  • Special Listing Conditions: None
  • Subdivision Name: OCEAN POINT
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Refrigerator, Stove, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic, Bookcases, Built-in Features, Ceiling Fan(s), Fireplace, Main Level Primary, Multiple Closets, Smooth Ceilings, Separate Shower, Window Treatments, Entrance Foyer
  • Living Area: 3200.0
  • Dining Room Type: Bonus Room, Dining Room, Foyer, Garage, Great Room, Kitchen, Laundry, Utility Room
  • Window Features: Other, Window Treatments

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Waterfront
  • Pool Features: Private, Community
  • Pool Private: Yes
  • View: Ocean, Water
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Flood Insurance Required
  • Construction Type: Stucco
  • Direction Faces: East
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway, Porch, Rain Gutters
  • Patio And Porch Features: Balcony, Rear Porch, Patio
  • Roof: Asphalt

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Club Membership Available, Gutter(s)
  • Amenities: Beach Rights, Beach Access, Clubhouse, Fire Pit, Garden Area, Playground, Pickleball, Pool, Guard, Tennis Court(s), Trail(s)

Lot Info

  • Number Of Lots: 1
  • Parcel #: R510-009-000-171C-008C
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 1, 2024
Sold by
Ivy Lee Shuman Jr and Ivy Sharon Bohler
Bought by
Polekoff Jeffrey and Polekoff Valerie
Seller's Agent
Tammy Henry
Alliance Group Realty/Howard Hanna Tate (543)
Buyer's Agent
Brad Lemon
RE/MAX Island Realty (521)
List Price
$3,499,000
Sold Price
$3,100,000
Premium/Discount to List
-$399,000
-11.4%
Views
114
Current Estimated Value
$2,955,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,521
Avg. Annual Appreciation
-3.53%
Original Mortgage
$1,350,000
Outstanding Balance
$1,327,729
Interest Rate
5.65%
Mortgage Type
New Conventional
Estimated Equity
$1,627,750

Purchase Details

Closed on
May 1, 2020
Sold by
Shuman Ivy Lee and Shuman Sharon Bohler
Bought by
Shuman Ivy Lee and Shuman Sharon Bohler

Purchase Details

Closed on
Jul 21, 2017
Sold by
Mccormick Steven L and Mccormick Candace A
Bought by
Bohler Shuman Jr Ivy Lee and Bohler Shuman Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2005
Sold by
Mccormick Candace A and Mccormick Steven L
Bought by
Mccormick Steven L and Mccormick Candace A

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
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Srivastava Sanjay and Srivastava Nancy D
Bought by
Mccormick Steven L and Mccormick Candace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Polekoff Jeffrey $3,100,000 None Listed On Document
Shuman Ivy Lee -- None Available
Bohler Shuman Jr Ivy Lee $1,800,000 None Available
Mccormick Steven L -- None Available
Mccormick Steven L $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polekoff Jeffrey $1,350,000
Previous Owner Bohler Shuman Jr Ivy Lee $850,000
Previous Owner Mccormick Candace A $878,100
Previous Owner Mccormick Steven L $951,141
Previous Owner Mccormick Steven L $1,000,000
Previous Owner Mccormick Steven L $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $3,100,000 -4.6% $969 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $3,249,000 -4.4% $1,015 / Sq Ft
03/04/2024 03/04/24 Price Changed $3,399,000 -2.9% $1,062 / Sq Ft
01/18/2024 01/18/24 For Sale $3,499,000 -- $1,093 / 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 $10,202 $124,588 $44,000 $80,588
2023 $10,202 $124,588 $44,000 $80,588
2022 $9,324 $71,224 $44,800 $26,424
2021 $9,656 $71,224 $44,800 $26,424
2020 $9,614 $71,224 $44,800 $26,424
2019 $9,257 $71,224 $44,800 $26,424
2018 $9,060 $71,220 $0 $0
2017 $8,514 $66,200 $0 $0
2016 $23,304 $99,310 $0 $0
2014 $20,367 $99,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tammy Henry

    Alliance Group Realty/Howard Hanna Tate (543)

    (706) 833-9929

    1 in this area

    4 Total Sales

    Tammy Henry
    Section Image
  • Brad Lemon

    Buyer's Agent in 2024

    Brad Lemon

    RE/MAX

    (843) 384-9413

    1 in this area

    9 Total Sales

    Brad Lemon
    Section Image
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Map

Source: REsides

MLS Number: 441305

REsides

APN: R510-009-000-171C-008C

South Carolina Beaufort County Hilton Head Island 29928 Port Royal Plantation

40 Ocean Point S, Hilton Head Island, SC

This home is located at 40 Ocean Point S, Hilton Head Island, SC 29928 since 18 January 2024 and is currently estimated at $2,955,479, approximately $923 per square foot. This property was built in 2002. 40 Ocean Point S is a home located in Beaufort County with nearby schools including Hilton Head Island Early Childhood Center, Hilton Head Island Elementary School, and Hilton Head Island Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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