Seller's Agent in 2019
James Miles
AgentOwned Realty Preferred Group
(864) 363-3049
17 in this area
24 Total Sales
4101 Palm Blvd Isle of Palms, SC 29451
Estimated Value: $2,060,000 - $5,687,000
11
Beds
10.5
Baths
6,510
Sq Ft
$710/Sq Ft
Est. Value
Highlights
- Beach Access
- Above Ground Pool
- Traditional Architecture
- Sullivans Island Elementary School Rated A
- Deck
- Cathedral Ceiling
About This Home
As of March 2019'Sea Palace' is a luxurious ocean view and spacious 6500 sqft vacation home that is one of the most unique homes and larger lots on the island with over $350,000 of base rental revenues. If you are looking for an investment, there is not another home on the island for sale that has a better price to revenue ratio. The Sea Palace has eleven bedrooms, ten and a half baths, a private pool and spa, elevator, putting green, spacious porches, ocean views and is walking distance to IOP Marina and quick and easy beach access! On the first floor of The Sea Palace, you will find six well appointed bedrooms and bathrooms. The second floor boasts a spacious open floor plan perfect for gathering with family and friends. Included on this level is a great room with fireplace, direct access to thswimming pool, ipe exotic wood pool deck, hot tub, and cabana game room with pool table.
The cabana game room, which opens to the pool, has a private bath/dressing room for the pool and hot tub, and a pool table and TV. The pool deck has a gas BBQ grill and a full size refrigerator.
On the oceanview third floor of this palace, guests can relax in the second living area or enjoy the spacious gourmet kitchen with new (2015) Sub-Zero stainless steel fridge, custom cabinets and granite countertops and dining area that seats twenty-six. On this level you will also find a bedroom that includes two queen beds, a lavish master bath with a large walk-in shower and claw foot bathtub. There is also a powder room off the breakfast area as well as a large laundry room with a second fridge and prep sink. The third floor wrap around porch offers gorgeous ocean views with plenty of seating for outdoor dining and numerous Adirondack rocking chairs to take in the salt air breezes and relaxing views of the Atlantic. Another highlight of the third floor in this home is the access to the fourth floor expansive rooftop deck with panoramic ocean views. Enjoy a glass of wine with friends and family as you watch sunrises and sunsets over the beautiful Atlantic Ocean and the backwaters of the Lowcountry.
Last Agent to Sell the Property
AgentOwned Realty Preferred Group License #75303 Listed on: 09/04/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,413
Year Built
- Built in 2006
Lot Details
- 0.48 Acre Lot
- Irrigation
Parking
- 3 Car Attached Garage
- Off-Street Parking
Home Design
- Traditional Architecture
- Raised Foundation
- Architectural Shingle Roof
- Cement Siding
Interior Spaces
- 6,510 Sq Ft Home
- 3-Story Property
- Elevator
- Smooth Ceilings
- Cathedral Ceiling
- Window Treatments
- Living Room with Fireplace
- Exterior Basement Entry
- Fire Sprinkler System
- Kitchen Island
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- Walk-In Closet
Outdoor Features
- Above Ground Pool
- Beach Access
- Deck
- Front Porch
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Central Air
- Heating Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2018
Closed on
Mar 8, 2019
Sold by
4101 Iop Llc
Bought by
Mm Sea Palace Llc
Seller's Agent
James Miles
AgentOwned Realty Preferred Group
Buyer's Agent
Bryan REIT Heatherly
Realty ONE Group Coastal
List Price
$2,557,000
Sold Price
$2,557,000
Total Days on Market
135
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
$2,068,270
Avg. Annual Appreciation
11.28%
Original Mortgage
$1,999,999
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 2, 2014
Closed on
May 26, 2015
Sold by
4101 Palm Blvd Llc
Bought by
4101 Iop Llc
Seller's Agent
Matt DeAntonio
Carroll Realty
Buyer's Agent
James Miles
AgentOwned Realty Preferred Group
List Price
$2,150,000
Sold Price
$2,150,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$1,625,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 9, 2007
Sold by
Goldstein Herbert A
Bought by
4101 Palm Blvd Llc
Purchase Details
Closed on
Jan 20, 2006
Sold by
Final Four Building Corp
Bought by
Goldstein Herbert A
Purchase Details
Closed on
Jun 15, 2004
Sold by
Thornburg Glenn T
Bought by
Final Four Building Corp
Purchase Details
Closed on
Sep 11, 2003
Sold by
The Beach Co
Bought by
Thornburg Glenn T
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 |
|---|---|---|---|
| Mm Sea Palace Llc | $2,557,000 | None Available | |
| 4101 Iop Llc | $2,150,000 | -- | |
| 4101 Palm Blvd Llc | -- | Attorney | |
| Goldstein Herbert A | $2,750,000 | None Available | |
| Final Four Building Corp | -- | -- | |
| Thornburg Glenn T | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mm Sea Palace Llc | $1,998,000 | |
| Closed | Mm Sea Palace Llc | $1,999,999 | |
| Previous Owner | 4101 Iop Llc | $1,625,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2019 03/08/19 | Sold | $2,557,000 | 0.0% | $393 / Sq Ft |
| 02/06/2019 02/06/19 | Pending | -- | -- | -- |
| 09/04/2018 09/04/18 | For Sale | $2,557,000 | +18.9% | $393 / Sq Ft |
| 05/27/2015 05/27/15 | Sold | $2,150,000 | 0.0% | $330 / Sq Ft |
| 04/27/2015 04/27/15 | Pending | -- | -- | -- |
| 05/02/2014 05/02/14 | For Sale | $2,150,000 | -- | $330 / 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 | $35,166 | $153,420 | $0 | $0 |
| 2022 | $33,167 | $153,420 | $0 | $0 |
| 2021 | $32,788 | $153,420 | $0 | $0 |
| 2020 | $32,338 | $153,420 | $0 | $0 |
| 2019 | $28,663 | $129,000 | $0 | $0 |
| 2017 | $27,413 | $129,000 | $0 | $0 |
| 2016 | $26,308 | $129,000 | $0 | $0 |
| 2015 | $17,395 | $89,340 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James Miles
-
Bryan REIT Heatherly
B
Buyer's Agent in 2019
Bryan REIT Heatherly
Realty ONE Group Coastal
(843) 795-7810
1 in this area
42 Total Sales
-
Matt DeAntonio
Seller's Agent in 2015
Matt DeAntonio
Carroll Realty
(843) 532-6288
24 in this area
69 Total Sales
-
Avrum Bebergal
A
Seller Co-Listing Agent in 2015
Avrum Bebergal
Carroll Realty
(843) 224-6000
Map
Source: CHS Regional MLS
MLS Number: 18024911
APN: 571-12-00-001
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