NOT LISTED FOR SALE

511 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $2,716,000 - $3,098,000

5 Beds
5 Baths
3,600 Sq Ft
$809/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $1,300,000 $361 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $16,683/month

96 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of March 2020

Great investment opportunity or 2nd home! This 2nd row, classic 1950's beach cottage has 3 bedrooms and 2 baths on its main elevated level and an additional 2 bedrooms, 2 shower/changing areas and 2 additional 1/2 baths on the lower level. This home is right across from the beach and is on the best part of the island! There is an expansive open deck on the front of the house and a huge pool and outdoor entertaining space in the fenced in yard in the back. Enter the home from the open deck into the spacious sunroom that faces the ocean. Through the large cased opening is the family, living and dining area with tons of seating for summer gatherings. The kitchen has been fully updated and is well equipped with stainless steel appliances, granite countertops, ample cabinet space,a beautiful tile backsplash, and an eat-in bar top.
There are 3 bedrooms on this level and 2 full baths-- all of which have been recently updated and are well appointed. Note the beautiful hardwood floor throughout the main level and tile in the baths. There are 2 sets of stairs that lead to the lower level which is set up as a game area with a ping pong table, TV and sitting are and is fully conditioned. There is tons of storage and a roll up garage door to bring the outside in! (This level is included in the square footage-- the upper level is 2076 sq ft) It's like getting twice the house!
You are within walking distance to shopping and dining and still on the "quiet" side of the island.
Furnishings to convey with a few exceptions.

Last Agent to Sell the Property

Andrea Rogers

AgentOwned Realty Preferred Group License #65464 Listed on: 11/01/2019

AgentOwned Realty Preferred Group

Last Buyer's Agent

Roddy Matthews

Coldwell Banker Realty License #44926

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,854

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Raised Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Game Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • No Heating

Community Details

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,854

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage, Traditional
  • Year Built: 1950
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.21
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Iop Connector To Palm Blvd. Right On Palm Blvd, Left Onto Fifth Avenue. Right On Ocean Blvd, 511 Will Be On Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Two, Other (Use Remarks)
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Other, Wood
  • Interior Amenities: Ceiling - Smooth, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Family, Game, Great, Living/Dining Combo, Sun
  • Window Features: Window Treatments, Window Treatments - Some
  • Master Bedroom Features: Walk-In Closet(s)

Exterior Features

  • Roof: Architectural, Asphalt
  • Fencing: Privacy, Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre, Level
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access
  • Construction Type: Block/Masonry, Vinyl Siding
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Front Porch, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Storage, Trash

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: 5681000080
  • Tax Annual Amount: 11854.33

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2022
Sold by
Whelborg Robert and Wihlburg Patricia
Bought by
Wihlborg Living Trust
Total Days on Market
96
Current Estimated Value
$2,911,951

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 14, 2020
Sold by
Emh Properties Llc
Bought by
Wihlborg Robert and Wihlborg Patricia
Seller's Agent
Andrea Rogers
AgentOwned Realty Preferred Group
Buyer's Agent
Roddy Matthews
Coldwell Banker Realty
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 6, 2018
Sold by
Lefkowith Gary and Merrill Adeline B
Bought by
Emh Properties Llc
Seller's Agent
Scott Quattlebaum
Skye Properties, Inc.
Buyer's Agent
Andrea Rogers
AgentOwned Realty Preferred Group
List Price
$1,185,000
Sold Price
$1,185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
Jan 13, 2017
Sold by
Lefkowith Gary and Merrill Adeline B
Bought by
Lefkowith Gary and Gary Lefkowith Revocable Trust
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
Wihlborg Living Trust -- None Listed On Document
Wihlborg Robert $1,300,000 None Available
Emh Properties Llc $1,185,000 None Available
Lefkowith Gary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emh Properties Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $1,300,000 0.0% $361 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $1,300,000 +9.7% $361 / Sq Ft
03/16/2018 03/16/18 Sold $1,185,000 0.0% $571 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $1,185,000 -- $571 / 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 $4,039 $52,000 $0 $0
2022 $4,027 $52,000 $0 $0
2021 $4,326 $52,000 $0 $0
2020 $4,112 $47,400 $0 $0
2019 $15,875 $71,100 $0 $0
2017 $11,531 $53,860 $0 $0
2016 $11,070 $53,860 $0 $0
2015 $10,541 $53,860 $0 $0
2014 $10,738 $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: 19030555

CHS Regional MLS

APN: 568-10-00-080