NOT LISTED FOR SALE

605 Palmetto Blvd Edisto Island, SC 29438

Edisto Island Neighborhood

Estimated Value: $960,000 - $1,292,000

5 Beds
3 Baths
2,269 Sq Ft
$529/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $920,000 $405 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,467/month

About This Home

As of October 2021

THIS IS IT! 2nd row, 5BR/3BA, spacious screened porch & sundecks (upstairs & main level), newer roof, HVAC, windows, hardiplank, hardwood floors in L/D/K, Rinnai (on demand - gas) hot water, updated kitchen & appliances, well maintained, not rented now, but has been a strong rental producer! Nice back yard, paved parking, enclosed outside shower, storage room on ground level, screened porch w/ access fr. MBR, & 1 of guest rooms. Upstairs has another living area w/ 1BR/BA & access to sundeck w/birds' eye views of the beach. There's bead board paneling, electric fireplace, 3 bedrooms & a bath on one end w/ the MBR/BA on the other. The laundry area is in the back of the house w/ a full size washer/dryer. Furnished w/ exceptions, insurance is reasonable! Easy to show. Close after 10/1/21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 5, 2021
Sold by
Brown John Jeffrey and Brown Karen Stafford
Bought by
Benson Ashley Beasley and Benson Nat Byron
Seller's Agent
Hollace Savage
Edisto Sales & Rentals Realty
Buyer's Agent
Stephen Lewis
Coldwell Banker Realty
List Price
$920,000
Sold Price
$920,000
Current Estimated Value
$1,289,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,910
Avg. Annual Appreciation
9.65%
Original Mortgage
$648,250
Outstanding Balance
$596,251
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$714,060

Purchase Details

Closed on
Nov 29, 2010
Sold by
Gepford James D and Mayer William B
Bought by
Brown Dr John Jeffrey and Brown Karen Stafford

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
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Corley Karson W and Corley Laura
Bought by
Gepford James D and Mayer William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Slaughter William B and Slaughter Gary S
Bought by
Corley Karson W and Corley Laura
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Benson Ashley Beasley $920,000 None Available
Brown Dr John Jeffrey $580,000 --
Gepford James D $640,000 --
Corley Karson W $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson Ashley Beasley $648,250
Previous Owner Brown Dr John Jeffrey $417,000
Previous Owner Mayer William B $312,000
Previous Owner Mayer William B $302,000
Previous Owner Gepford James D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $920,000 0.0% $405 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $920,000 -- $405 / Sq Ft

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 $16,861 $910,000 $385,000 $525,000
2023 $16,861 $910,000 $385,000 $525,000
2022 $16,771 $910,000 $385,000 $525,000
2021 $9,012 $910,000 $385,000 $525,000
2020 $9,016 $485,000 $215,000 $270,000
2019 $8,992 $485,000 $215,000 $270,000
2018 $8,892 $29,100 $12,900 $16,200
2017 $8,609 $29,100 $0 $0
2016 $8,878 $30,300 $19,500 $10,800
2015 -- $30,300 $19,500 $10,800
2014 -- $30,300 $19,500 $10,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hollace Savage

    Edisto Sales & Rentals Realty

    (843) 607-0198

    104 in this area

    107 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Stephen Lewis

    Coldwell Banker Realty

    (843) 607-0982

    2 in this area

    22 Total Sales

    Section Image
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Map

South Carolina Colleton County Edisto Island 29438 Edisto Island

605 Palmetto Blvd, Edisto Island, SC

This home is located at 605 Palmetto Blvd, Edisto Island, SC 29438 and is currently estimated at $1,200,524, approximately $529 per square foot. 605 Palmetto Blvd is a home located in Colleton County with nearby schools including Colleton County Middle and Colleton County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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