501 Ocean Blvd Isle of Palms, SC 29451
Estimated Value: $2,693,000 - $3,772,000
4
Beds
2
Baths
1,333
Sq Ft
$2,332/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Cooling Available
- Heat Pump System
- Sullivans Island Elementary School Rated A
- Wood Siding
- 1-Story Property
About This Home
As of April 2021This home is located at 501 Ocean Blvd, Isle of Palms, SC 29451 since 22 February 2021 and is currently estimated at $3,108,835, approximately $2,332 per square foot. This property was built in 1950. 501 Ocean Blvd is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando High School.
Last Agent to Sell the Property
Dunes Properties of Charleston Inc License #28887 Listed on: 02/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,476
Year Built
- Built in 1950
Lot Details
- 0.31 Acre Lot
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Wood Siding
Interior Spaces
- 1,333 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Utilities
- Cooling Available
- Heat Pump System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2021
Closed on
Apr 8, 2021
Sold by
Baughan Laura Payne and Siegel Margaret Payne
Bought by
Lempesis Cassandra S
Seller's Agent
Laurie Thornhill
Dunes Properties of Charleston Inc
Buyer's Agent
Matthew Anderson
The Boulevard Company
List Price
$2,025,000
Sold Price
$2,025,000
Total Days on Market
0
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
$1,083,835
Avg. Annual Appreciation
7.46%
Original Mortgage
$1,626,250
Outstanding Balance
$1,501,556
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$1,229,906
Purchase Details
Closed on
Oct 31, 2018
Sold by
Payne Peter M
Bought by
Baughan Laura Payne and Siegel Margaret Payne
Purchase Details
Closed on
Aug 9, 2010
Sold by
Peter Payne Family Lp
Bought by
Baughan Laura Payne and Siegel Margaret Payne
Purchase Details
Closed on
Jan 25, 2010
Sold by
Payne Peter M
Bought by
Payne Peter M and Baughan Laura Payne
Purchase Details
Closed on
Dec 20, 2006
Sold by
Payne Peter M
Bought by
Peter Payne Family Lp
Purchase Details
Closed on
Oct 17, 2006
Sold by
Hughs Penelope Payne
Bought by
Payne Peter M
Purchase Details
Closed on
Jun 30, 2006
Sold by
Payne Robin R
Bought by
Payne Peter M
Similar Homes in Isle of Palms, SC
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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 |
|---|---|---|---|
| Lempesis Cassandra S | $2,025,000 | None Available | |
| Baughan Laura Payne | -- | None Available | |
| Baughan Laura Payne | -- | -- | |
| Payne Peter M | $75,000 | -- | |
| Peter Payne Family Lp | -- | None Available | |
| Payne Peter M | -- | None Available | |
| Payne Peter M | $66,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lempesis Cassandra S | $400,000 | |
| Open | Lempesis Cassandra S | $1,626,250 | |
| Previous Owner | Baughan Laura Payne | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2021 04/09/21 | Sold | $2,025,000 | 0.0% | $1,519 / Sq Ft |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- |
| 02/22/2021 02/22/21 | For Sale | $2,025,000 | -- | $1,519 / 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 | $6,021 | $79,000 | $0 | $0 |
| 2022 | $26,302 | $121,500 | $0 | $0 |
| 2021 | $12,649 | $58,690 | $0 | $0 |
| 2020 | $12,476 | $58,690 | $0 | $0 |
| 2019 | $11,442 | $51,030 | $0 | $0 |
| 2017 | $10,933 | $51,030 | $0 | $0 |
| 2016 | $10,496 | $51,030 | $0 | $0 |
| 2015 | $9,994 | $51,030 | $0 | $0 |
| 2014 | $9,953 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laurie Thornhill
L
Seller's Agent in 2021
Laurie Thornhill
Dunes Properties of Charleston Inc
(843) 270-7633
2 in this area
52 Total Sales
-
Matthew Anderson
Buyer's Agent in 2021
Matthew Anderson
The Boulevard Company
(843) 437-8386
17 in this area
129 Total Sales
Map
Source: CHS Regional MLS
MLS Number: 21004605
APN: 568-10-00-085
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