NOT LISTED FOR SALE

Isle of Palms, SC 29451

Estimated Value: $1,659,774 - $2,459,000

0.35 Acre
$6,260,554 Price per Acre
15,246 Sq Ft Lot

Last Sold March 19, 2020

Last sale price $1,050,000 $951 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $12,832/month

15 Days on Market

About This Lot

As of March 2020

Amazing investment opportunity on Isle of Palms. Two large lots are being sold together that equate to a total of 0.35 acres. The possibilities are endless with this property. There's a single family home on one of the lots that can be rented out or renovated. You can also potentially build two new construction homes on each lot or build one larger dream home across both lots. These lots are in a great location on the island just two blocks from the beach and a short walk to the inlet. Book your showing today!

Last Agent to Sell the Property

Gregory Gelber

AgentOwned Realty Charleston Group License #93781 Listed on: 02/04/2020

Co-Listed By

Bryan Thompson

AgentOwned Realty Charleston Group License #80205

Last Buyer's Agent

Gregory Gelber

AgentOwned Realty Charleston Group License #93781 Listed on: 02/04/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,763

Lot Details

  • 0.35 Acre Lot
  • 2 Lots in the community

Schools

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

Community Details

  • Isle Of Palms Subdivision

Listing and Financial Details

  • Tax Lot 21 & 22

Property Details

Property Type

Land

Est. Annual Taxes

$8,763

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.35
  • Co List Office Mls Id: 1836
  • Co List Office Phone: 843-769-5100
  • Subdivision Name: Isle of Palms
  • Directions: If Heading Sw On Palm Blvd, Take A Left Onto Carolina Blvd. Property Will Be The Fourth One On Your Right.
  • Special Features: None
  • Property Sub Type: LotsLands

Garage/Parking

  • Open Parking: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 15245.999999
  • Number Of Lots: 2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5680900024023
  • Tax Lot: 21 & 22

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 19, 2020
Sold by
Hamilton Joseph
Bought by
Hamilton Joseph and Hamilton Marytrent
Seller's Agent
Gregory Gelber
AgentOwned Realty Charleston Group
Buyer's Agent
Gregory Gelber
AgentOwned Realty Charleston Group
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$2,191,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,141,194
Avg. Annual Appreciation
10.43%
Original Mortgage
$840,000
Outstanding Balance
$469,458
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,323,271

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 18, 2020
Sold by
Waltz C Wayne
Bought by
Hamilton Joseph
Seller's Agent
Gregory Gelber
AgentOwned Realty Charleston Group
Buyer's Agent
Gregory Gelber
AgentOwned Realty Charleston Group
List Price
$1,050,000
Sold Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$469,458
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,323,271
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hamilton Joseph -- None Available
Hamilton Joseph $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Joseph $840,000
Previous Owner Waltz C Wayne $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $1,050,000 0.0% $951 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $1,050,000 -- $951 / 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 $8,763 $37,500 $0 $0
2023 $8,763 $37,500 $0 $0
2022 $8,236 $37,500 $0 $0
2021 $8,144 $37,500 $0 $0
2020 $1,822 $19,850 $0 $0
2019 $1,616 $17,000 $0 $0
2017 $1,558 $19,000 $0 $0
2016 $1,620 $19,000 $0 $0
2015 $1,661 $18,220 $0 $0
2014 $1,584 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gregory Gelber

    AgentOwned Realty Charleston Group

    (843) 494-2354

    103 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Bryan Thompson

    AgentOwned Realty Charleston Group

    (843) 769-5100

    6 Total Sales

    Section Image
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Source: CHS Regional MLS

MLS Number: 20003284

CHS Regional MLS

APN: 568-09-00-024

South Carolina Charleston County Isle Of Palms

29451

This home since 04 February 2020 and is currently estimated at $2,191,194, approximately $1,984 per square foot. This home 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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