NOT LISTED FOR SALE

614 Palm Blvd Isle of Palms, SC 29451

Estimated Value: $1,813,000 - $2,899,326

0.22 Acre
$11,284,464 Price per Acre
9,583 Sq Ft Lot

Last Sold February 22, 2021

Last sale price $840,000 $484 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $16,212/month

153 Days on Market

About This Lot

As of February 2021

Cleared and ready to build your dream home. Great views of the intercoastal and easy walk to the beach access at 7th Ave.

Last Agent to Sell the Property

Dale Olson

DleeO Realty Services License #81668 Listed on: 08/13/2020

Last Buyer's Agent

Jack Gumb

The Exchange Company, LLC License #59641

Property Details

Property Type

  • Land

Lot Details

  • 9,583 Sq Ft Lot

Schools

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

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.22
  • Lot Size: Approx 60x150
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Iop Connector. T/r On Palm Blvd. Lot On Left Just Past 7th Ave.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Garage/Parking

  • Open Parking: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Zoning Description: Residential

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Feb 18, 2021
Sold by
Islands Development Group Llc
Bought by
Herring Rosalie A and Herring Richard S
Seller's Agent
Dale Olson
DleeO Realty Services
Buyer's Agent
Jack Gumb
The Exchange Company, LLC
List Price
$840,000
Sold Price
$840,000
Current Estimated Value
$2,482,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,642,582
Avg. Annual Appreciation
25.15%
Original Mortgage
$630,000
Outstanding Balance
$463,756
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,018,826

Purchase Details

Listed on
Jul 6, 2018
Closed on
Sep 26, 2019
Sold by
Peffer Robert F and Peffer Mary Ann
Bought by
Islands Development Group Llc
Seller's Agent
Randal Longo
iSave Realty
Buyer's Agent
Randal Longo
iSave Realty
List Price
$700,000
Sold Price
$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
13.80%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herring Rosalie A $840,000 None Available
Islands Development Group Llc $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herring Rosalie A $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2021 02/22/21 Sold $840,000 0.0% $484 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
08/13/2020 08/13/20 For Sale $840,000 +20.0% $484 / Sq Ft
09/27/2019 09/27/19 Sold $700,000 0.0% $293 / Sq Ft View Prior Sale
08/28/2019 08/28/19 Pending -- -- --
07/06/2018 07/06/18 For Sale $700,000 -- $293 / 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 $37,997 $156,000 $0 $0
2023 $35,754 $50,400 $0 $0
2022 $10,875 $50,400 $0 $0
2021 $8,965 $42,000 $0 $0
2020 $8,878 $42,000 $0 $0
2019 $7,471 $33,050 $0 $0
2017 $7,133 $33,050 $0 $0
2016 $6,850 $33,050 $0 $0
2015 $6,520 $33,050 $0 $0
2014 $5,509 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dale Olson

    DleeO Realty Services

    (704) 226-2588

    3 in this area

    36 Total Sales

    Dale Olson
    Section Image

  • J

    Buyer's Agent in 2021

    Jack Gumb

    The Exchange Company, LLC

    (843) 442-6251

    2 in this area

    19 Total Sales

    Jack Gumb
    Section Image
  • Randal Longo

    Seller's Agent in 2019

    Randal Longo

    iSave Realty

    (843) 737-6347

    5 in this area

    1,406 Total Sales

    Randal Longo
    Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 20022464

CHS Regional MLS

APN: 568-10-00-122

South Carolina Charleston County Isle Of Palms 29451

614 Palm Blvd, Isle Of Palms, SC

Not Listed for Sale

Lots

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