NOT LISTED FOR SALE

627 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $3,275,000 - $4,286,000

4 Beds
5 Baths
5,276 Sq Ft
$711/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $3,150,000 $597 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $20,197/month

30 Days on Market

Highlights

  • Beach Access
  • Deck
  • Cathedral Ceiling
  • Sullivans Island Elementary School Rated A
  • Traditional Architecture
  • Game Room

About This Home

As of May 2024

Welcome to 627 Ocean - A Classic large beach home set up for entertaining! This second row home offers ocean views from the second floor deck and sun room. Featuring Four Bedrooms, Five bathrooms and 2 complete kitchens. A Large living room on each floor, Pool/game room, large deck off the second floor master, two car garage and additional carport/sitting are some of the many features. The home has been very well maintained and is in a Great Location just a few steps away from the beach with a strong Rental potential!

Last Agent to Sell the Property

David Nelson

Wild Dunes Real Estate, LLC License #67707 Listed on: 03/16/2024

Last Buyer's Agent

Michael Carroll

Carroll Realty License #5531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,435

Year Built

  • Built in 1973

Lot Details

  • 9,148 Sq Ft Lot
  • Well Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 5,276 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Game Room
  • Ceramic Tile Flooring
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,435

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1973
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.21
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Isle Of Palms Connector Through The Stoplight Brings You To Ocean Blvd. Eight Blocks Down Is 627 Ocean Blvd On Your Right Side.
  • Carport Y N: No
  • Garage Yn: Yes
  • 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: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Family, Game, Living/Dining Combo
  • Window Features: Skylight(s), Window Treatments
  • Master Bedroom Features: Ceiling Fan(s), Multiple Closets, Outside Access, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Architectural, Metal
  • Lot Features: 0 - .5 Acre
  • Waterfront Features: Beach Access
  • Construction Type: Stucco
  • Exterior Features: Lawn Irrigation, Lawn Well
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck, Porch - Full Front
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000152
  • Tax Annual Amount: 3435

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
May 29, 2024
Sold by
Kosko Polly Spann and Spann Joseph E
Bought by
627 Ocean Llc
Seller's Agent
David Nelson
Wild Dunes Real Estate, LLC
Buyer's Agent
Michael Carroll
Carroll Realty
List Price
$3,495,000
Sold Price
$3,150,000
Premium/Discount to List
-$345,000
-9.87%
Views
51
Current Estimated Value
$3,753,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,816
Avg. Annual Appreciation
12.58%
Original Mortgage
$3,500,000
Outstanding Balance
$600,674
Interest Rate
7.1%
Mortgage Type
Construction
Estimated Equity
$3,086,839

Purchase Details

Closed on
Nov 5, 2014
Sold by
Spann Walker Allen
Bought by
Spann Joseph E and Spann Kosko

Purchase Details

Closed on
Feb 28, 2014
Sold by
Estate Of Joseph E Spann Jr and Kosko George C
Bought by
Spann Walker Allen and The Item Vii Spann Family Trust

Purchase Details

Closed on
Feb 27, 2014
Sold by
Estate Of Phyllis A Spann and Kosko George C
Bought by
Kosko George C and Estate Of Joseph E Spann Jr
Source: Public Records

Range of Values:

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Average Value
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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
627 Ocean Llc $3,150,000 South Carolina Title
Spann Joseph E -- --
Spann Walker Allen -- --
Kosko George C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 627 Ocean Llc $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $3,150,000 -4.4% $597 / Sq Ft
04/10/2024 04/10/24 Price Changed $3,295,000 -5.7% $625 / Sq Ft
03/16/2024 03/16/24 For Sale $3,495,000 -- $662 / 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 $3,537 $45,160 $0 $0
2023 $3,537 $45,160 $0 $0
2022 $3,435 $45,160 $0 $0
2021 $3,779 $45,160 $0 $0
2020 $3,926 $45,160 $0 $0
2019 $3,501 $39,180 $0 $0
2017 $3,454 $39,840 $0 $0
2016 $3,235 $39,840 $0 $0
2015 $3,472 $39,840 $0 $0
2014 -- $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 24006727

CHS Regional MLS

APN: 568-10-00-152