NOT LISTED FOR SALE

1070 Merell Ave Bonneau, SC 29431

Estimated Value: $184,000 - $392,000

4 Acres
$73,088 Price per Acre
174,240 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $325,000

Est. 10% decrease in value since last sale

Current estimated payment $1,518/month

147 Days on Market

Highlights

  • 4 Acre Lot
  • Elevated Lot
  • Level Lot

About This Lot

As of September 2021

Here is your chance to own a trailer park. Income producing property with no expenses!! There are 7 spots with septic and water with room for additional spots!! Each lot currently rents for $250 a month. There is the opportunity for more spots on this large 4 acre lot. This property can also be purchased with the adjacent 2 acre lot for a total of 6 acres!!

Last Agent to Sell the Property

Kandi Mangual

RE/MAX Cornerstone Realty License #82813 Listed on: 03/30/2021

Last Buyer's Agent

Kandi Mangual

RE/MAX Cornerstone Realty License #82813 Listed on: 03/30/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,011

Lot Details

  • 4 Acre Lot
  • Property fronts a highway
  • Elevated Lot
  • Level Lot
  • 11 Lots in the community
  • Finished Lot(s)
  • Land Lease
  • Zoning described as Mobile Home,Residential

Schools

  • Bonner Elementary School
  • Macedonia Middle School
  • Timberland High School

Mobile Home

Utilities

  • Septic Tank

Community Details

  • Bonneau Subdivision
  • Income includes ["land lease"]

Property Details

Property Type

Land

Est. Annual Taxes

$2,011

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4
  • Road Frontage Type: Highway
  • Road Surface Type: Gravel
  • Subdivision Name: Bonneau
  • Directions: From Bonneau Take Black Oak Road To The 2nd Curve. Turn Left Onto Merell Ave And The Trailer Park Will Be On The Right Hand Side At The End Of Merell Ave.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Mobile Home, Residential

Exterior Features

  • Lot Features: 2 - 5 Acres, High, Level
  • Other Structures: Mobile Home

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic At Site
  • Utilities: Electricity Connected, Water Connected

Schools

  • Elementary School: Bonner
  • High School: Timberland
  • Middle Or Junior School: Macedonia

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: Yes
  • Lot Size Sq Ft: 174240
  • Number Of Lots: 11
  • Zoning Description: Mobile Home,Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: ["Land Lease"]

Tax Info

  • Tax Annual Amount: 2010.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Dam Of Charleston Inc
Bought by
Richardson Keven
Current Estimated Value
$292,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,586
Outstanding Balance
$312,264
Interest Rate
7.02%
Mortgage Type
Seller Take Back
Estimated Equity
-$19,911

Purchase Details

Closed on
Apr 2, 2024
Sold by
Dam Opp Fund Llc
Bought by
Dam Of Charleston Inc

Purchase Details

Closed on
Aug 23, 2017
Sold by
Tocorp Llc
Bought by
Bk Merell Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 7, 2015
Sold by
Nurudin Rasheed and Scott Keith
Bought by
Tocorp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,080
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richardson Keven $475,000 None Listed On Document
Richardson Keven $475,000 None Listed On Document
Dam Of Charleston Inc -- None Listed On Document
Bk Merell Llc $200,000 None Available
Tocorp Llc $55,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Keven $316,586
Closed Richardson Keven $316,586
Previous Owner Bk Merell Llc $150,000
Previous Owner Tocorp Llc $64,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $325,000 0.0% --
08/18/2021 08/18/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $325,000 -- --
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
2025 -- $312,300 $216,300 $96,000
2024 $0 $18,738 $12,978 $5,760
2023 $0 $13,193 $5,447 $7,746
2022 $2,865 $11,472 $6,072 $5,400
2021 $2,817 $8,160 $5,520 $2,640
2020 $3,088 $8,160 $5,520 $2,640
2019 $3,155 $8,160 $5,520 $2,640
2018 $3,212 $7,896 $5,520 $2,376
2017 $2,033 $324 $0 $324
Source: Public Records

Agents Affiliated with this Home

  • Kandi Mangual

    Seller's Agent in 2021

    Kandi Mangual

    RE/MAX

    (843) 284-6880

    65 in this area

    671 Total Sales

    Kandi Mangual
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Map

Source: CHS Regional MLS

MLS Number: 21008206

CHS Regional MLS

APN: 057-00-02-023

South Carolina Berkeley County Bonneau 29431

1070 Merell Ave, Bonneau, SC

Not Listed for Sale

Lots

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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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