NOT LISTED FOR SALE

400 Merritt Blvd Isle of Palms, SC 29451

Estimated Value: $1,773,000 - $2,506,000

4 Beds
3 Baths
2,500 Sq Ft
$860/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $957,500 $383 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $11,940/month

223 Days on Market

Highlights

  • Finished Room Over Garage
  • Deck
  • Cathedral Ceiling
  • Sullivans Island Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of January 2021

Recently renovated by the current owners and meticulously maintained since, 400 Merritt may be Isle of Palms best kept secret! This 4BR/3BA home has a reverse floorplan with an open kitchen/living room, master suite, guest suite, and both open/screened in porches on the second floor. Downstairs has a separate den and 2 additional bedrooms which is attractive for rental income. Nestled on an expansive 0.21 acre corner lot, this home features a detached 2 car garage and fenced in backyard that could accommodate a pool. The garage also includes an additional room over it awaiting the new owners' personal touches. Catch the evening breeze of Hamlin Creek or enjoy a short walk to front beach down 5th Ave!

Last Agent to Sell the Property

Sam Little

Beach Residential License #98653 Listed on: 01/21/2020

Beach Residential

Co-Listed By

Will Freeman

Beach Residential License #79442

Last Buyer's Agent

Laura Farish

Maison Real Estate License #78928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1972

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Interior Lot

Parking

  • 2 Car Garage
  • Finished Room Over Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

Overview

  • Isle Of Palms Subdivision

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,035

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1972
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: 7470
  • Co List Office Phone: 843-971-1312
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: From Iop Connector, Take A Right Onto Palm Blvd. Turn Right Onto 4th Ave. House Is On The Corner.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: One, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Frog Detached, Great, Living/Dining Combo
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre, Cul-De-Sac, Interior Lot
  • Construction Type: Block/Masonry, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Front Porch, Porch - Full Front, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Detached, Off Street
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000007

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Dec 22, 2020
Sold by
Altman Jeremy W
Bought by
Lyles Lori
Seller's Agent
Sam Little
Beach Residential
Buyer's Agent
Laura Farish
Maison Real Estate
List Price
$1,050,000
Sold Price
$957,500
Premium/Discount to List
-$92,500
-8.81%
Current Estimated Value
$2,149,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,571
Avg. Annual Appreciation
19.16%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Morrison Benjamin D and Morrison Faye C
Bought by
Altman Jeremy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.39%
Mortgage Type
New Conventional
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
Lyles Lori $957,500 None Available
Altman Jeremy W $650,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Altman Jeremy W $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $957,500 -8.8% $383 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $1,050,000 -- $420 / 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 $3,035 $38,320 $0 $0
2023 $3,035 $38,320 $0 $0
2022 $3,012 $38,320 $0 $0
2021 $2,585 $30,210 $0 $0
2020 $9,669 $45,300 $0 $0
2019 $8,798 $39,060 $0 $0
2017 $8,403 $39,060 $0 $0
2016 $8,068 $39,060 $0 $0
2015 $7,681 $39,060 $0 $0
2014 $7,439 $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: 20001886

CHS Regional MLS

APN: 568-10-00-007