$2,700,000
SOLD JUL 31, 2017

5002 Palm Blvd Isle of Palms, SC 29451

8 Beds
7 Baths
6,032 Sq Ft
0.43 Acres

Recently Sold

$448 Per Sq Ft

21 Days on Market

Highlights

  • Above Ground Pool
  • Two Primary Bedrooms
  • Deck
  • Sullivans Island Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Traditional Architecture

About This Home

As of August 2020

Don't miss this gorgeous, meticulously maintained home on Isle of Palms! Boasting almost 6,000 square feet, this is one of the largest homes available for sale on IOP! **ENORMOUS OUTDOOR LIVING SPACES** The porches, pool deck and rooftop deck square footage almost exceeds the interior, offering endless possibilities for beach relaxing and entertaining. The home was recently built in **2015** by respected local builder, Ken Long with Carolina Custom Builders. Currently used as a primary family residence, the house can also be purchased as a lucrative **INVESTMENT PROPERTY.** Rental projections available in Documents tab. Don't miss out on the 2017 summer rental season! There are **8 BEDROOMS** total - 2 downstairs, 6 upstairs - that each contain a full private bathroom. **MORE**The home boasts **DOUBLE MASTERS** with one full mother-in-law suite downstairs and the other master upstairs. Don't miss the beautiful ocean views from the upstairs master.

The **HEATED SALTWATER POOL** is built on a split system, giving the owner the option of heating just the hot tub, just the pool or both! The pool is surrounded by a massive **SUN DECK** and **OUTDOOR GRILL STATION** creating a seaside oasis. Soak in **GORGEOUS OCEAN VIEWS** from the **ROOFTOP DECK** that is built to the maximum height allowed on the Island. The rooftop is fully equipped to build out an outdoor kitchen for entertaining with the best view. There is also a kitchenette in the second floor laundry room, that is easily accessible from the rooftop.

Cherry wood floor runs throughout and highly rated impact glass is used on all windows and doors. **DOUBLE LAUNDRY ROOMS*** on the first and second floors - great for excess sandy beach laundry. **OPEN FLOOR PLAN** **6 CAR GARAGE**

Last Agent to Sell the Property

Rebecca Linenger

The Boulevard Company License #54977 Listed on: 04/10/2017

The Boulevard Company

Last Buyer's Agent

Franne Schwarb

Coldwell Banker Realty License #25732

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,113

Year Built

  • Built in 2015

Lot Details

  • 0.43 Acre Lot
  • Interior Lot

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Masonry

Interior Spaces

  • 6,032 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Smooth Ceilings
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Sitting Area In Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 7 Full Bathrooms
  • Garden Bath

Home Security

  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Adaptable For Elevator

Outdoor Features

  • Above Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,113

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2015
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.43
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: When Entering Isle Of Palms From The Isle Of Palm Connector From Mount Pleasant, Make A Left Onto Palm Boulevard. Follow Palm Boulevard Up Past Wild Dunes, And 5002 Palm Blvd Will Be On Your Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Door Features: Some Storm Door(s)
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling - Smooth, Elevator, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Eat-in Kitchen, Family, Living/Dining Combo, In-Law Floorplan, Pantry
  • Window Features: Some Storm Wnd/Doors
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Outside Access, Sitting Room, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Lot Features: 0 - .5 Acre, Interior Lot
  • Pool Features: Pool - Elevated
  • Pool Private: Yes
  • Construction Type: Block/Masonry
  • Exterior Features: Elevator Shaft
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Covered, Front Porch, Porch - Full Front, Screened, Wrap Around
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Other (Use Remarks)

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SCE & G
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6040900009
  • Tax Annual Amount: 21112.8

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Edwards Thomas G and Edwards Dinah M
Bought by
5002 Palm Boulevard Llc
Current Estimated Value
$5,326,041

Purchase Details

Listed on
Oct 2, 2019
Closed on
Aug 5, 2020
Sold by
Rossi John David and Mock Rossi Sabrina
Bought by
Edwards Thomas G and Edwards Dinah M
Seller's Agent
Ann Whalen
The Charleston Real Estate Cafe
Buyer's Agent
James Miles
AgentOwned Realty Preferred Group
List Price
$2,875,000
Sold Price
$2,875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jul 31, 2017
Sold by
Puwalski Nanci Andrea
Bought by
Rossi John David and Mock Rossi Sabrina
Seller's Agent
Rebecca Linenger
The Boulevard Company
Buyer's Agent
Franne Schwarb
Coldwell Banker Realty
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Jun 11, 2014
Sold by
Phillips Dorothy F and Johns Dorothy F
Bought by
Puwalski Nanci Andrea
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $2,875,000 None Available
Deed $2,875,000 None Available
Deed $2,700,000 None Available
Deed $600,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $2,875,000 0.0% $446 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
10/02/2019 10/02/19 For Sale $2,875,000 +6.5% $446 / Sq Ft
07/31/2017 07/31/17 Sold $2,700,000 0.0% $448 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $2,700,000 -- $448 / 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 $8,663 $115,000 $0 $0
2023 $8,663 $115,000 $0 $0
2022 $8,698 $115,000 $0 $0
2021 $36,845 $115,000 $0 $0
2020 $9,600 $113,400 $0 $0
2019 $9,351 $108,000 $0 $0
2017 $5,850 $69,000 $0 $0
2016 $21,113 $103,500 $0 $0
2015 $6,973 $36,000 $0 $0
2014 $3,945 $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: 17010089

CHS Regional MLS

APN: 604-09-00-009