$290,000
SOLD MAR 31, 2017

112 Island Way Seabrook, SC 29940

5 Acres
$58,000 Price per Acre
217,800 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

42% Below List Price

615 Days on Market

Highlights

  • Waterfront
  • Fitness Center
  • RV or Boat Storage in Community
  • Boat or Launch Ramp
  • Deep Water Access
  • Gated Community

About This Lot

As of December 2021

The best lot in all of Bull Point. Aggressively priced to sell. Enjoy sunset views of Huspah creek on a private out island just feet from Deep Water. Over 5 acres with mature live oaks and magnolias, an access bridge separating you from the rest of Bull Point.. Bull Point is an exclusive community with 3 deep water community docks, clubhouse, fitness center, sauna, pool, river cabin, out island with oyster pavilion, tiki bar and dock, 10 park areas consisting of 3 fresh water lakes, bird sanctuary and the natural beauty of the low country. A must see community. Quick access to I95 and 17. Within 1 hour from Savannah, Charleston & Hilton Head. 3 public golf courses within 20 minute drive.

Last Agent to Sell the Property

Steven Comerford

The HomesFinder Realty Group License #73262 Listed on: 11/15/2016

Co-Listed By

Robert Wolfson

Old South Properties License #31681

Last Buyer's Agent

Jodi Martha Joye

Charles Street Realty, LLC License #15870

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Corner Lot
  • Heavily Wooded Lot

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number R700 026 000 0148 0000

Community Details

Recreation

  • RV or Boat Storage in Community
  • Waterfront
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails
  • Deep Water Access
  • Boat or Launch Ramp
  • Boat Ramp

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: HWY 21 TO GARDENS CORNER, HEAD SOUTH TOWARDS SAVANNAH AND IMMEDIATELY GET INTO LEFT LANE TO ENTER BULL POINT GUARD GATE.
  • Prop. Type: Land
  • Property Sub-Type: Resident S/D Lot
  • CommunityFeatures: Tennis Court(s), Walking Trail, Clubhouse, Security Gate, Fitness Center, Boat Landing, Boat Storage, Pool
  • Lot Size Acres: 5.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 182
  • Co List Office Phone: 843-970-3500
  • Ownership: No
  • MLS Status: Closed
  • Keywords Waterfront: Deep Water (Three Ft Min)
  • Keywords Dock: Possible 0 - 150 Ft
  • General Property Description Bank Owned: No
  • General Property Description Short Sale: No
  • Community Gated Community: Yes
  • Community Waterfront Community2: Yes
  • Community Amenities Boat Landing: Yes
  • Community Amenities Security Gate: Yes
  • Community Amenities Walking Trail: Yes
  • Community Amenities Fitness Center: Yes
  • General Property Description:Lot Dimensions: 5.0+ ACRES
  • Road Frontage Private Road: Yes
  • Utilities Available Well Water: Yes
  • Community Amenities Boat Storage: Yes
  • Utilities Available Electricity Available: Yes
  • Lot Location Deep Water: Yes
  • Lot Location:Cul-De-Sac: Yes
  • Topography Heavily Wooded: Yes
  • Lot Location:Corner: Yes
  • General Property Description Boat Slip: Ramp
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Deep Water (Three Ft Min)
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: Well

Association/Amenities

  • Community Amenities:Clubhouse: Yes
  • Community Amenities:Pool2: Yes
  • Community Amenities:Tennis Court(s)2: Yes

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 5.0+ ACRES
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R700 026 000 0148 0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6249.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 10, 2021
Sold by
Trainor Patrick T
Bought by
Metz Nathan Allen and Metz Melissa P
Seller's Agent
Penelope Whichello
Penelope Properties Inc.
Buyer's Agent
Penelope Whichello
Penelope Properties Inc.
List Price
$2,235,000
Sold Price
$2,400,000
Premium/Discount to List
$165,000
7.38%
Current Estimated Value
$2,191,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$208,701
Avg. Annual Appreciation
-2.53%
Original Mortgage
$1,920,000
Outstanding Balance
$1,783,919
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$407,380

Purchase Details

Listed on
Nov 15, 2016
Closed on
Mar 30, 2017
Sold by
Db Aster Llc
Bought by
Trainor Patrick T and Trainor Cheryl S
Seller's Agent
Steven Comerford
The HomesFinder Realty Group
Buyer's Agent
Jodi Martha Joye
Charles Street Realty, LLC
List Price
$500,000
Sold Price
$290,000
Premium/Discount to List
-$210,000
-42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.04%

Purchase Details

Closed on
Jul 5, 2012
Sold by
Bull Point Llc
Bought by
German American Capital Corporation

Purchase Details

Closed on
Oct 21, 2011
Sold by
Bull Point Llc
Bought by
Bull Point Property Owners Association
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 Type Sale Price Title Company
Warranty Deed $2,400,000 Weidner Wegmann & Harper Llc
Limited Warranty Deed $290,000 None Available
Legal Action Court Order $5,300,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,920,000 New Conventional
Previous Owner $850,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $2,400,000 +7.4% $704 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $2,235,000 +670.7% $655 / Sq Ft
03/31/2017 03/31/17 Sold $290,000 -42.0% $85 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
06/26/2015 06/26/15 For Sale $500,000 -- $147 / Sq Ft
Source: Lowcountry 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 $21,901 $83,920 $0 $0
2023 $21,901 $83,920 $0 $0
2022 $39,074 $144,000 $0 $0
2021 $5,537 $37,720 $10,800 $26,920
2020 $14,427 $55,630 $0 $0
2019 $4,167 $16,200 $0 $0
2018 $3,932 $16,200 $0 $0
2017 $6,806 $27,000 $0 $0
2016 $6,628 $27,000 $0 $0
2014 -- $27,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 143747

Lowcountry Regional MLS

APN: R700-026-000-0148-0000