NOT LISTED FOR SALE

40 S Ocean Point Place Hilton Head Island, SC 29928

Port Royal Plantation Neighborhood

Estimated Value: $2,897,693 - $3,509,000

4 Beds
3 Baths
3,120 Sq Ft
$1,028/Sq Ft Est. Value

About This Home

This home is located at 40 S Ocean Point Place, Hilton Head Island, SC 29928 and is currently estimated at $3,206,923, approximately $1,027 per square foot. 40 S Ocean Point Place 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Ivy Lee Shuman Jr and Ivy Sharon Bohler
Bought by
Polekoff Jeffrey and Polekoff Valerie
Current Estimated Value
$3,206,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,332,309
Interest Rate
5.65%
Mortgage Type
New Conventional
Estimated Equity
$1,874,614

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:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

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

Map

South Carolina Beaufort County Hilton Head Island 29928 Port Royal Plantation

40 S Ocean Point Place, Hilton Head Island, SC

This home is located at 40 S Ocean Point Place, Hilton Head Island, SC 29928 and is currently estimated at $3,206,923, approximately $1,027 per square foot. 40 S Ocean Point Place 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.

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