400 Merritt Blvd Isle of Palms, SC 29451
Estimated Value: $1,811,000 - $2,850,000
4
Beds
3
Baths
2,500
Sq Ft
$888/Sq Ft
Est. Value
Highlights
- Finished Room Over Garage
- Deck
- Cathedral Ceiling
- Sullivans Island Elementary School Rated A
- Traditional Architecture
- Wood Flooring
About This Home
As of January 2021Recently 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!
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
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%
Total Days on Market
223
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
$1,262,170
Avg. Annual Appreciation
20.90%
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
Similar Homes in Isle of Palms, SC
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 |
|---|---|---|---|
| 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
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 | $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
-
Sam Little
Seller's Agent in 2021
Sam Little
Beach Residential
(843) 971-1312
2 in this area
62 Total Sales
-
Will Freeman
Seller Co-Listing Agent in 2021
Will Freeman
Beach Residential
(843) 270-5454
3 in this area
111 Total Sales
-
Laura Farish
L
Buyer's Agent in 2021
Laura Farish
Maison Real Estate
(843) 670-2412
1 in this area
32 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 20001886
APN: 568-10-00-007
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