Seller's Agent in 2020
Ruthie Ravenel
Daniel Ravenel Sotheby's International Realty
(843) 696-8858
6 in this area
172 Total Sales
8 48th Ave Isle of Palms, SC 29451
Estimated Value: $2,807,000 - $3,958,393
5
Beds
4.5
Baths
3,256
Sq Ft
$1,027/Sq Ft
Est. Value
Highlights
- Beach Access
- In Ground Pool
- Deck
- Sullivans Island Elementary School Rated A
- Two Primary Bedrooms
- Contemporary Architecture
About This Home
As of March 2020Located only yards from the wide beach front of Isle of Palms, this fabulous home boasts stylish and modern design, an open floor plan and exceptional outdoor space on the wrap around porch and top level sun deck. Fully renovated, this pristine beach home offers all the modern conveniences. A chefs kitchen opens to the living area with wet bar and beautiful ocean views beyond. Dual first floor masters make it an ideal family house and primary residence, or an excellent rental investment property. A cozy den with a full bath provides a quiet retreat off the main living area. Upstairs two guest rooms share a hall bath and a large lofted lounge area with fabulous ocean and beach views. The ground level pool is well situated to benefit from lovely sun exposure with a constant breeze,and easy access to the garage and storage. A powder room and outdoor shower along with changing room offer a nice added convenience for pool parties. Only 2 doors away is the beach access path used by residents of 48th Street, step off the property and touch sand in under 3 minutes.
Last Agent to Sell the Property
Daniel Ravenel Sotheby's International Realty License #83803 Listed on: 02/21/2020
Last Buyer's Agent
Non Member
NON MEMBER
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,914
Year Built
- Built in 1986
Lot Details
- 0.41 Acre Lot
- Elevated Lot
- Wood Fence
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Cottage
- Raised Foundation
- Architectural Shingle Roof
Interior Spaces
- 3,256 Sq Ft Home
- 2-Story Property
- Wet Bar
- Cathedral Ceiling
- 1 Fireplace
- Great Room
- Combination Dining and Living Room
- Home Office
- Utility Room with Study Area
- Laundry Room
Kitchen
- Eat-In Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Double Master Bedroom
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- Garden Bath
Outdoor Features
- In Ground Pool
- Beach Access
- Balcony
- Deck
- Screened Patio
Schools
- Sullivans Island Elementary School
- Laing Middle School
- Wando High School
Utilities
- No Cooling
- No Heating
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2020
Closed on
Mar 13, 2020
Sold by
Dowdy Christopher L
Bought by
Gillespie John and Gillespie John B
Seller's Agent
Ruthie Ravenel
Daniel Ravenel Sotheby's International Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$2,612,500
Sold Price
$2,612,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$730,598
Avg. Annual Appreciation
5.02%
Purchase Details
Closed on
Oct 6, 2015
Sold by
Ader Steven Gary
Bought by
Ader Steven Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 2015
Sold by
Ader Steven
Bought by
Ader Steven Gary and The Steven Gary Ader June 5 2002 Trust
Purchase Details
Closed on
Oct 11, 2013
Sold by
Dunn End Llc
Bought by
Dowdy Christopher L and Dowdy Ariahn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 7, 2010
Sold by
Dunn Helen Snelling
Bought by
Dunn Inn Llc
Purchase Details
Closed on
Jul 8, 2010
Sold by
Dunn Helen Snelling
Bought by
Dunn Jack Newton and Jack Newton Dunn Sr Revocable Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gillespie John | $2,612,500 | None Available | |
| Ader Steven Gary | -- | -- | |
| Ader Steven Gary | -- | -- | |
| Dowdy Christopher L | $1,125,000 | -- | |
| Dunn Inn Llc | -- | -- | |
| Dunn Jack Newton | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ader Steven Gary | $690,000 | |
| Previous Owner | Dowdy Christopher L | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2020 03/13/20 | Sold | $2,612,500 | 0.0% | $802 / Sq Ft |
| 02/21/2020 02/21/20 | For Sale | $2,612,500 | -- | $802 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 | $7,894 | $104,520 | $0 | $0 |
| 2023 | $7,894 | $156,780 | $0 | $0 |
| 2022 | $33,889 | $156,780 | $0 | $0 |
| 2021 | $33,502 | $156,780 | $0 | $0 |
| 2020 | $5,488 | $63,940 | $0 | $0 |
| 2019 | $4,914 | $55,800 | $0 | $0 |
| 2017 | $4,629 | $54,000 | $0 | $0 |
| 2016 | $4,332 | $54,000 | $0 | $0 |
| 2015 | $13,176 | $45,000 | $0 | $0 |
| 2014 | $12,758 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ruthie Ravenel
-
N
Buyer's Agent in 2020
Non Member
NON MEMBER
Map
Source: CHS Regional MLS
MLS Number: 20005088
APN: 571-12-00-168
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