NOT LISTED FOR SALE

508 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $3,722,000 - $7,406,762

5 Beds
5 Baths
3,176 Sq Ft
$1,815/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $2,804,000 $883 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $33,339/month

138 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • 0.65 Acre Lot
  • Wood Flooring

About This Home

As of March 2018

Beautiful beachfront home with fantastic swimming pool! This oceanfront home on Ocean Blvd offers stunning ocean views, a screened in porch, covered back porch, covered front porch and deck off the spacious master suite with a luxurious bathroom. It has undergone an extensive interior and exterior renovation in 2013. Some of those improvements include: new kitchen, floors, bathrooms, windows, painting exterior/interior siding, and garage doors. Would make a great permanent, second, or rental home with rental estimate of $204,000.The first floor offers a beautiful open living area with hardwood floors, separate sitting area and a gas fireplace with TV mounted above. A spacious kitchen that boasts a large center island with seating, and quick access to the screened in porch overlookithe Atlantic Ocean. This beautiful kitchen features a gas cook top, granite countertops and tile flooring. There is also a large laundry room just off the kitchen with a utility sink and second refrigerator. A guest bedroom with a private full bath is also on the first floor.

The second floor has 4 total bedrooms. The spacious master suite boasts incredible ocean views with access to your own private deck. The master bath has a jetted garden tub, double vanities, walk-in shower and two walk-in closets. The other 3 bedrooms on this floor all have their own private full bathes.

This oceanfront home on Isle of Palms will not disappoint. Sweeping views of the Atlantic Ocean and having your toes in the sand are just steps away! Priced to sell! Come take look. You will not be disappointed!

Last Agent to Sell the Property

Beau Hollingsworth

Salmonsen Realty License #44095 Listed on: 10/20/2017

Last Buyer's Agent

Jamie Hollingsworth

Salmonsen Realty License #14111

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,273

Year Built

  • Built in 1991

Lot Details

  • 0.65 Acre Lot
  • Beach Front
  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 3,176 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,273

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1991
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.65
  • Subdivision Name: None
  • Directions: Ocean Blvd, Between 5th And 6th Ave. Iop Connector, Turn Right On Palm Blvd, Left Of 6th Avenue, Right On Ocean Blvd...the House Is On Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Blown, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Living/Dining Combo, Pantry
  • Window Features: Window Treatments
  • Master Bedroom Features: Multiple Closets, Outside Access, Walk-In Closet(s)

Exterior Features

  • Roof: Asphalt
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: .5 - 1 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Foundation Details: Raised
  • Patio And Porch Features: Front Porch, Porch - Full Front, Screened

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm, SCE & G
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 28314
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Mar 23, 2018
Sold by
Althoff Cynthia and Althoff Stephen
Bought by
Grannys Pool Llc
Seller's Agent
Beau Hollingsworth
Salmonsen Realty
Buyer's Agent
Jamie Hollingsworth
Salmonsen Realty
List Price
$2,804,000
Sold Price
$2,804,000
Current Estimated Value
$5,765,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,961,254
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Jan 9, 2013
Sold by
Wells Fargo Bank Na
Bought by
Althoff Cynthia and Althoff Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 4, 2006
Sold by
Thomas T Joan
Bought by
508 Ocean Llc

Purchase Details

Closed on
May 4, 2005
Sold by
Conner Charles H and Conner Nancy B
Bought by
Thomas T Joan

Purchase Details

Closed on
Mar 25, 2003
Sold by
Mann David W and Mann Barbara G
Bought by
Conner Charles H and Conner Nancy B
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Grannys Pool Llc $2,804,000 None Available
Althoff Cynthia $1,850,000 --
508 Ocean Llc $3,300,000 None Available
Thomas T Joan $2,995,000 --
Conner Charles H $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Althoff Cynthia $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $2,804,000 0.0% $883 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $2,804,000 -- $883 / 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 $33,273 $145,110 $0 $0
2023 $33,273 $145,110 $0 $0
2022 $31,379 $145,110 $0 $0
2021 $31,021 $145,110 $0 $0
2020 $30,596 $145,110 $0 $0
2019 $28,040 $126,180 $0 $0
2017 $24,877 $117,000 $0 $0
2016 $23,875 $117,000 $0 $0
2015 $22,739 $117,000 $0 $0
2014 $24,258 $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: 17028529

CHS Regional MLS

APN: 568-10-00-186