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$4,250,000

Beds
5
Baths
5.0
sq ft
3,600

112 Palm Blvd, Isle Of Palms, SC 29451

112 Palm Blvd

Isle of Palms, SC 29451

  • 232 days on market
    • Price drop $250,000↓
Coastal beach living with a deep water dock and saltwater pool! This 3600 sq ft, 5 bedroom/5 full bath home is in excellent condition and has views galore with multiple porches ensuring just the right amount of sunshine, tropical breezes and gorgeous sunsets. Enjoy an open floorplan inclusive of a sunroom, dining area, family room and kitchen. Additionally on the main floor are two nicely sized bedrooms (one is en suite and one is serviced by A powder room that is full size). An elevator services all three floors making it easy to come and go! The kitchen is equipped nicely with newer appliances, plenty of storage and natural stone countertops. Recently updated are the exterior shutters and mechanical systems. The flooring throughout the home is gleaming hardwoodflooring and ceramic tile. The second floor boasts a cozy upstairs den as well as a second story porch with access to the roof for long views of Hamlin Creek, lowcountry salt marshes, Ravenel Bridge, Breach Inlet and the Atlantic Ocean. Three bedroom suites complete the second story. The house sits prominently out of the flood zone (X ZONE WITH NO FLOOD INSURANCE REQUIRED!). As a result, the ground level offers usable living space. It's currently being utilized as a work out work and a playroom. The dock walkway is only 200 ft. and has recenly been replaced. The covered portion of the pier head is 9 x 18 ft. Floating dock is 10 x 20 ft. Lift capacity is 10,000 lbs. Make 112 Palm your home and enjoy all amenities of island life whether it's time on the beach or having your boat at your fingertips on your private dock! This is truly a rare combination!

Details

Property type

Single Family Residence

Est. home value

$3,802,983

Lot size

7,405.2 sq ft

Price per sq ft

$1,181

Year built

1966

Price History

02/27/2024
CTAR

CTAR #23026301

Price change
$4,250,000
-5.56%
11/18/2023
CTAR

CTAR #23026301

Listed
$4,500,000

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Branch Banking And Trust Co

Loan start date

November 2014

Original loan amount

$560,000

Est. remaining balance

Not provided

Interest rate

3.06%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Victor C Webster and Diane Webster

Lender

Wells Fargo Bank Na

Loan start date

August 2011

Original loan amount

$720,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Victor C Webster and Diane Webster

Lender

Wachovia Mortgage Corp

Loan start date

August 2007

Original loan amount

$750,000

Est. remaining balance

$507,863

Interest rate

6.73%

Loan type

Not Provided, 30 year

Seller

Victor C Webster and Diane Webster

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 7:00 PM

Listing updated: 02/27/2024 at 1:20 PM

Listed by: Nancy W Hoy, Carolina One Real Estate Phone #: (843) 884-1800

MLS: CTAR #23026301

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