NOT LISTED FOR SALE

512 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $3,875,000 - $5,925,690

6 Beds
4.5 Baths
3,495 Sq Ft
$1,462/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $3,220,000 $921 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $30,894/month

9 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Deck
  • Sullivans Island Elementary School Rated A
  • 0.72 Acre Lot
  • Traditional Architecture

About This Home

As of May 2020

This home is located at 512 Ocean Blvd, Isle of Palms, SC 29451 since 17 February 2020 and is currently estimated at $5,110,563, approximately $1,462 per square foot. This property was built in 1996. 512 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

James Miles

AgentOwned Realty Preferred Group License #75303 Listed on: 02/17/2020

AgentOwned Realty Preferred Group

Last Buyer's Agent

James Miles

AgentOwned Realty Preferred Group License #75303 Listed on: 02/17/2020

AgentOwned Realty Preferred Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,349

Year Built

  • Built in 1996

Lot Details

  • 0.72 Acre Lot
  • Beach Front
  • Privacy Fence

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,495 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Loft

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck

Schools

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

Utilities

  • Central Air
  • Heating Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,349

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1996
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.72
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Iop Connector, Turn Right On Palm Blvd, Left On 5th Avenue, Left On Ocean Blvd., House Is On Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling - Smooth, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Loft
  • Window Features: Window Treatments
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural
  • Fencing: Privacy
  • Lot Features: .5 - 1 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Raised
  • Patio And Porch Features: Deck
  • Property Condition: Pre-Owned

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 31363.199999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000188
  • Tax Annual Amount: 36348.96

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
May 11, 2020
Sold by
Garrett Hospitality Llc
Bought by
512 Ocean Llc
Seller's Agent
James Miles
AgentOwned Realty Preferred Group
Buyer's Agent
James Miles
AgentOwned Realty Preferred Group
List Price
$3,220,000
Sold Price
$3,220,000
Current Estimated Value
$5,110,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,890,563
Avg. Annual Appreciation
11.86%
Original Mortgage
$2,415,000
Outstanding Balance
$2,081,328
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$3,802,746

Purchase Details

Closed on
May 18, 2017
Sold by
Garrett Mason Y
Bought by
Garrett Hospitality Llc

Purchase Details

Listed on
Sep 22, 2016
Closed on
Nov 16, 2016
Sold by
Kennedy Jenifer A
Bought by
Garrett Mason Y
Seller's Agent
Mark Mitchell
Dunes Properties of Chas Inc
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
9.18%
Original Mortgage
$2,675,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2007
Sold by
Kennedy David D
Bought by
Kennedy Jenifer A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
512 Ocean Llc $3,220,000 None Available
Garrett Hospitality Llc -- None Available
Garrett Mason Y $2,700,000 --
Kennedy Jenifer A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 512 Ocean Llc $2,415,000
Previous Owner Garrett Mason Y $2,675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold $3,220,000 0.0% $921 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $3,220,000 +19.3% $921 / Sq Ft
11/16/2016 11/16/16 Sold $2,700,000 0.0% $773 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $2,700,000 -- $773 / 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 $45,593 $199,200 $0 $0
2023 $45,593 $199,200 $0 $0
2022 $43,012 $199,200 $0 $0
2021 $41,245 $193,200 $0 $0
2020 $39,546 $187,800 $0 $0
2019 $36,349 $163,800 $0 $0
2017 $8,945 $108,000 $0 $0
2016 $6,886 $88,960 $0 $0
2015 $7,418 $88,960 $0 $0
2014 $7,207 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 20005460

CHS Regional MLS

APN: 568-10-00-188