NOT LISTED FOR SALE

622 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $6,014,000 - $9,319,000

12 Beds
12.5 Baths
7,500 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $5,500,000 $733 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $50,726/month

369 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • 0.61 Acre Lot
  • Sullivans Island Elementary School Rated A
  • In Ground Pool
  • Fireplace in Bedroom

About This Home

As of May 2018

Rare offering on Isle of Palms -could not be built today- an expansive 12 bedroom, 12 1/2 bath beachfront home, established as a grandfathered in, short term luxury rental that legally sleeps 29 people. This home commands high dollar rents & grosses $630k annually - 600k already pre-booked for 2017. Inherit this income & begin enjoyment of this outstanding & unique property. Features expansive ocean views, pool & spa, an abundance of living spaces, porches & balconies, all bedrooms w/ on suites, state of the art kitchen, an elevator w/ access to 3 flrs & high end finishes throughout. Immaculately maintained & managed, this home offers 5 star accommodation, with no detail spared or overlooked - & all convey, from furnishings to linens- this beach house & income property are offered turnkey.

Ashley Haynes

East Islands Real Estate License #13214 Listed on: 03/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,353

Year Built

  • Built in 1994

Lot Details

  • 0.61 Acre Lot
  • Beach Front

Parking

  • 5 Car Garage

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Architectural Shingle Roof
  • Cement Siding

Interior Spaces

  • 7,500 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Den with Fireplace
  • Bonus Room
  • Utility Room with Study Area
  • Laundry Room

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Fireplace in Bedroom

Home Security

  • Storm Windows
  • Storm Doors

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

Recreation

  • Community Spa

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,353

Year Built

Built in 1994

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1994
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.61
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Come Off Iop Connector, Take A Right On 7th And Palm Blvd, Continue To Ocean Blvd And Take A Right At Stop Sign, Home Is First On Your Left, Oceanside.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3 Stories
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub/Spa, Community
  • Appliances: Tankless Water Heater
  • Full Bathrooms: 12
  • Half Bathrooms: 1
  • Total Bedrooms: 12
  • Door Features: Storm Door(s)
  • Fireplace Features: Bedroom, Den, Gas Log, Great Room, Living Room
  • Fireplace: Yes
  • Flooring: Stone, Wood
  • Interior Amenities: Elevator, Central Vacuum, Bonus, Great, Media, Office, Pantry, Study, Utility
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Architectural
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Construction Type: Cement Plank
  • Foundation Details: Raised, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: No
  • Parking Features: 5 Car Garage
  • Total Parking Spaces: 5

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevators

Schools

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

Lot Info

  • Lot Size Sq Ft: 26571.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000205
  • Tax Annual Amount: 33353

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
May 1, 2018
Sold by
Kay Curtis and Kay Karla
Bought by
622 Ocean Top Llc
Buyer's Agent
Ashley Haynes
East Islands Real Estate
List Price
$5,500,000
Sold Price
$5,500,000
Total Days on Market
369
Current Estimated Value
$7,947,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,447,645
Avg. Annual Appreciation
4.72%
Original Mortgage
$3,000,000
Outstanding Balance
$2,634,855
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,999,285

Purchase Details

Closed on
Apr 21, 2009
Sold by
Kay Karla S
Bought by
622 Ocean Llc

Purchase Details

Closed on
Aug 21, 2008
Sold by
Kay Curtis L
Bought by
Kay Karla S

Purchase Details

Closed on
Jul 16, 2004
Sold by
Kay Curtis L
Bought by
Kay Curtis L and Kay Karla S

Purchase Details

Closed on
Dec 18, 2002
Sold by
Kay Curtis L
Bought by
Kay Curtis L
Source: Public Records

Range of Values:

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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
622 Ocean Top Llc -- None Available
622 Ocean Iop Llc $5,500,000 None Available
622 Ocean Llc -- --
Kay Karla S -- --
Kay Curtis L -- --
Kay Curtis L -- --
Kay Karla S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 622 Ocean Iop Llc $3,000,000
Previous Owner 622 Ocean Llc $1,000,000
Previous Owner Rittenberg Md Charles $3,802,663
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $5,500,000 0.0% $733 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
03/13/2017 03/13/17 For Sale $5,500,000 -- $733 / 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 $75,385 $330,000 $0 $0
2022 $71,143 $330,000 $0 $0
2021 $70,329 $330,000 $0 $0
2020 $69,361 $330,000 $0 $0
2019 $73,057 $330,000 $0 $0
2017 $34,756 $163,740 $0 $0
2016 $33,353 $163,740 $0 $0
2015 $31,770 $163,740 $0 $0
2014 $31,573 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2018

    Ashley Haynes

    East Islands Real Estate

    (843) 886-8114

    20 in this area

    66 Total Sales

    Ashley Haynes
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Map

Source: CHS Regional MLS

MLS Number: 17007149

CHS Regional MLS

APN: 568-10-00-205

South Carolina Charleston County Isle Of Palms 29451

622 Ocean Blvd, Isle Of Palms, SC

This home is located at 622 Ocean Blvd, Isle of Palms, SC 29451 since 14 March 2017 and is currently estimated at $7,947,645, approximately $1,059 per square foot. This property was built in 1994. 622 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

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