NOT LISTED FOR SALE

404 Carolina Blvd Isle of Palms, SC 29451

Estimated Value: $1,386,851 - $2,039,000

5 Beds
3 Baths
1,895 Sq Ft
$892/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $925,000 $488 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,568/month

Highlights

  • Traditional Architecture
  • Interior Lot
  • No Heating
  • Sullivans Island Elementary School Rated A

About This Home

As of June 2021

Being sold strictly for the land value only. There are tenants currently occupying the top half (3 bedroom 1 bath) of the legal duplex paying 1700 a month. Month to month lease in place. The bottom (2 bedrooms 2 bath) tenant is paying 1500 a month. Month to month lease in place. Good opportunity to bring money in while you get all plans approved to build your dream home!

Last Agent to Sell the Property

Michael Carroll

Carroll Realty License #5531 Listed on: 03/16/2021

Last Buyer's Agent

Michael Carroll

Carroll Realty License #5531 Listed on: 03/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,966

Year Built

  • Built in 1952

Lot Details

  • 9,148 Sq Ft Lot
  • Interior Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,895 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,966

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1952
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.21
  • Subdivision Name: Isle of Palms
  • Directions: Between 4th And 5th Ave On Carolina Blvd
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No

Exterior Features

  • Roof: Architectural
  • Lot Features: Interior Lot
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000041
  • Tax Annual Amount: 7965.53

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 17, 2021
Sold by
Mayberry Michael G and Mayberry Sharon H
Bought by
404 Carolina Llc
Seller's Agent
Michael Carroll
Carroll Realty
Buyer's Agent
Michael Carroll
Carroll Realty
List Price
$925,000
Sold Price
$925,000
Total Days on Market
0
Current Estimated Value
$1,690,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,713
Avg. Annual Appreciation
18.49%
Original Mortgage
$625,000
Outstanding Balance
$331,895
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,494,610

Purchase Details

Closed on
Jan 12, 2005
Sold by
Redmon John R
Bought by
Mayberry Michael G and Mayberry Sharon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
404 Carolina Llc $925,000 None Available
Mayberry Michael G $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 404 Carolina Llc $625,000
Previous Owner Mayberry Michael G $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $925,000 0.0% $488 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $925,000 -- $488 / 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
2023 $12,923 $55,500 $0 $0
2022 $12,148 $55,500 $0 $0
2021 $8,074 $36,980 $0 $0
2020 $7,966 $36,980 $0 $0
2019 $7,272 $32,150 $0 $0
2017 $6,942 $32,150 $0 $0
2016 $6,667 $32,150 $0 $0
2015 $6,346 $32,150 $0 $0
2014 $6,291 $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: 21006849

CHS Regional MLS

APN: 568-10-00-041