NOT LISTED FOR SALE

618 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $5,298,000 - $7,687,000

0.62 Acre
$10,627,656 Price per Acre
27,007 Sq Ft Lot

Last Sold March 13, 2018

Last sale price $2,500,000

Est. 164% increase in value since last sale

Current estimated payment $37,930/month

85 Days on Market

Highlights

  • Beach Front
  • Marina
  • 0.62 Acre Lot
  • Sullivans Island Elementary School Rated A
  • Boat Ramp
  • Property is near a bus stop

About This Lot

As of March 2018

Very few of these ocean front lots for sale on IOP. Even less on Ocean Blvd... and currently the only ocean front lot on Ocean Blvd for sale. Great size, great location and once in a lifetime opportunity. New homes on Ocean Blvd or selling for 5 and 6 million dollars plus. Build your dream home and enjoy the Island life....

Last Agent to Sell the Property

Jamie Hollingsworth

Salmonsen Realty License #14111 Listed on: 11/01/2017

Last Buyer's Agent

Charles Mcintosh

The Cassina Group License #19504

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,994

Year Built

  • 2020

Lot Details

  • 0.62 Acre Lot
  • Beach Front

Location

  • Property is near a bus stop

Schools

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

Community Details

Overview

  • Isle Of Palms Subdivision

Recreation

  • Boat Ramp
  • Marina

Property Details

Property Type

Land

Est. Annual Taxes

$12,994

Year Built

2020

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.62
  • Subdivision Name: Isle of Palms
  • Directions: From Mt Pleasant, Go Over Iop Connector Into Iop, Go Straight Thru Red Light Towards Iop Beach Front Area. Stay Straight Until You Get To 7th Ave, 618 Will Be On Your Left After 7th Ave, Ocean Front
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Lot Features: .5 - 1 Acre
  • Waterfront Features: Beach Front
  • Waterfront: Yes

Condo/Co-op/Association

  • Community Features: Boat Ramp, Bus Line, Marina

Schools

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

Lot Info

  • Lot Size Sq Ft: 27007.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
618 Ocean Llc
Bought by
Rosen Arthur J and Rosen Candace B
Total Days on Market
85
Current Estimated Value
$6,589,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 9, 2018
Sold by
Vincent Judith R
Bought by
618 Ocean Llc
Seller's Agent
Jamie Hollingsworth
Salmonsen Realty
Buyer's Agent
Charles Mcintosh
The Cassina Group
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
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
Rosen Arthur J -- None Available
618 Ocean Llc $2,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosen Arthur J $1,475,000
Closed Rosen Arthur J $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 Sold $2,500,000 0.0% --
02/11/2018 02/11/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $2,500,000 -- --
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 $12,994 $174,000 $0 $0
2022 $13,073 $174,000 $0 $0
2021 $14,038 $174,000 $0 $0
2020 $8,351 $100,000 $0 $0
2019 $33,130 $150,000 $0 $0
2017 $21,583 $102,000 $0 $0
2016 $20,710 $102,000 $0 $0
2015 $19,724 $102,000 $0 $0
2014 $20,214 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jamie Hollingsworth

    Salmonsen Realty

    (843) 442-6492

    44 in this area

    77 Total Sales

    Jamie Hollingsworth
    Section Image

  • C

    Buyer's Agent in 2018

    Charles Mcintosh

    The Cassina Group

    (843) 442-7410

    44 Total Sales

    Charles Mcintosh
    Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 17029614

CHS Regional MLS

APN: 568-10-00-203

South Carolina Charleston County Isle Of Palms 29451

618 Ocean Blvd, Isle Of Palms, SC

This home is located at 618 Ocean Blvd, Isle of Palms, SC 29451 since 01 November 2017 and is currently estimated at $6,589,147. This property was built in 2020. 618 Ocean Blvd is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando 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.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

Nearby Homes