NOT LISTED FOR SALE

Estimated Value: $2,374,000 - $3,123,000

5 Beds
4 Baths
2,428 Sq Ft
$1,096/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $2,525,000 $1,040 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $17,000/month

63 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Traditional Architecture
  • Sullivans Island Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2023

Great investment! Vacation rental with an outstanding rental history and CAP rate. It would also make a great primary home! Classic, updated, 1970s IOP beach house on the South side of the island. Great location one block to the beach and one block to Front Beach shops and restaurants. This is a .24 acre lot with a spacious backyard and a ton of outdoor living space. Full renovation and added pool in 2018-2019. Home will be sold fully furnished with an outstanding vacation rental record; however, it would also make a wonderful primary or secondary home! The ground level includes the foyer; recreation room with bar, beverage refrigerator, and microwave; primary bedroom with king size bed and en suite bath; a secondary bedroom with twin beds; a hall bath; and laundry closet.Upstairs you'll find the kitchen with Shaker-style cabinets, stainless steel appliances, stone countertops, and breakfast bar dining area with table for 8; family room with queen sleeper sofa; a second primary suite with king bed; two secondary bedrooms (one with a queen bed and one with two double beds); and a hall bath. Home is beautifully finished with custom lighting and plumbing fixtures, custom cabinetry, and floor-to-ceiling shiplap in the main areas on the second floor as well as shiplap wainscoting in the main areas on the first floor. Morning coffee and evening cocktails simply taste better when you're on the island, sitting on your second-floor deck overlooking the beautifully landscaped back yard with heated saltwater pool and Travertine patio surround. On the ground level you can choose the sun (poolside) or the shade (covered patio with L-shaped bar and 50" TV). This turn-key property has been completely renovated from top to bottom, inside and out, and is ready to start producing income with its new owner or ready for move in!

Last Listed By

Andrea Rogers

AgentOwned Realty Preferred Group License #65464 Listed on: 03/08/2023

AgentOwned Realty Preferred Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,107

Year Built

  • Built in 1977

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,428 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Bonus Room
  • Exterior Basement Entry
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Community Details

  • Isle Of Palms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,107

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1977
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.24
  • Ownership: Fee Simple
  • Subdivision Name: Isle of Palms
  • Directions: From The Isle Of Palms Connector Turn Right On Palm Blvd. Turn Left Onto 10th Ave Then Right Onto Carolina Blvd. House Is On The Left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Location: Ground Level
  • Fireplace: No
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, Ceiling Fan(s), Bonus, Eat-in Kitchen, Entrance Foyer, Living/Dining Combo
  • Master Bedroom Features: Ceiling Fan(s), Dual Masters, Outside Access
  • Master Bedroom Master Bedroom Level: Lower,Upper

Exterior Features

  • Roof: Architectural
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: 0 - .5 Acre, Level
  • Pool Features: In Ground
  • Pool Private: Yes
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck, Patio, Covered
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681100118
  • Tax Annual Amount: 12107

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 22, 2023
Sold by
Madison-Lansdowne Llc
Bought by
906 Carolina Bell Llc
Seller's Agent
Andrea Rogers
AgentOwned Realty Preferred Group
Buyer's Agent
Debbie O'lunney
Maison Real Estate
List Price
$2,650,000
Sold Price
$2,525,000
Premium/Discount to List
-$125,000
-4.72%
Total Days on Market
63
Views
25
Current Estimated Value
$2,661,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,226
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Feb 24, 2023
Sold by
Iop Investments Llc
Bought by
Madison-Lansdowne Llc

Purchase Details

Listed on
May 11, 2018
Closed on
Aug 27, 2018
Sold by
Lawton Angus M and Lawton Sara G
Bought by
Iop Investments Llc
List Price
$875,000
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$700,000
Interest Rate
4.6%
Mortgage Type
New Conventional

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
906 Carolina Bell Llc $2,525,000 None Listed On Document
Madison-Lansdowne Llc -- None Listed On Document
Iop Investments Llc $875,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lop Investments Llc $500,000
Previous Owner Lop Investments Llc $700,000
Previous Owner Iop Investments Llc $700,000
Previous Owner Lawton Angus M $367,500
Previous Owner Lawton Angus M $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $2,525,000 -4.4% $1,040 / Sq Ft
04/20/2023 04/20/23 Price Changed $2,640,000 -0.4% $1,087 / Sq Ft
03/08/2023 03/08/23 For Sale $2,650,000 +202.9% $1,091 / Sq Ft
08/29/2018 08/29/18 Sold $875,000 0.0% $458 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $875,000 -- $458 / 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 $26,103 $55,500 $0 $0
2022 $12,107 $55,500 $0 $0
2021 $11,970 $55,500 $0 $0
2020 $11,808 $55,500 $0 $0
2019 $11,767 $52,500 $0 $0
2017 $8,354 $38,830 $0 $0
2016 $8,022 $38,830 $0 $0
2015 $7,637 $38,830 $0 $0
2014 $7,204 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: CHS Regional MLS

MLS Number: 23005019

CHS Regional MLS

APN: 568-11-00-118