NOT LISTED FOR SALE

Estimated Value: $208,000 - $1,246,000

0.17 Acre
$3,294,118 Price per Acre
7,226 Sq Ft Lot

Last Sold May 13, 2016

Last sale price $80,000

Est. 600% increase in value since last sale

Current estimated payment $3,114/month

41 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Golf Course Community
  • Ocean View
  • Boat or Launch Ramp
  • Fitness Center

About This Lot

As of May 2016

This foreclosure homesite on Fripp Island offers panoramic views of the Atlantic Ocean, and is an easy 30-minute drive into Charming, Historic Downtown Beaufort, SC. On the front porch, enjoy tranquil views of Davis Love's Ocean Creek golf course. This homesite has a super location on Fripp Island, with convenient beach access, marina access, and the pools of Veranda Beach. The golf course and club house are across the street. Restaurants and all other island amenities are an easy golf-cart ride away.

Last Agent to Sell the Property

Keith Strawn

Ballenger Realty License #27941 Listed on: 03/17/2016

Last Buyer's Agent

Charles Patty

Fripp Island Real Estate Co License #38321

Property Details

Property Type

  • Land

Lot Details

  • 7,226 Sq Ft Lot
  • Lot Dimensions are 70x112x60x109
  • Property fronts a private road
  • Heavily Wooded Lot
  • Marsh on Lot

Additional Features

  • Ocean Views
  • Flood Insurance May Be Required
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number R400-039-00a-0104-0000

Community Details

Recreation

  • Boat Dock
  • RV or Boat Storage in Community
  • Marina
  • Waterfront
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Boat or Launch Ramp

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Guard at gate can provide map and directions.
  • Prop. Type: Land
  • Property Sub-Type: Res Resort Lot
  • CommunityFeatures: Tennis Court(s), Walking Trail, Clubhouse, Marina, Dock, Membership may be required, Security Gate, Golf, Fitness Center, Boat Landing, Boat Storage, Pool, Playground
  • Lot Size Acres: 0.17
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Ownership: No
  • MLS Status: Closed
  • Keywords Waterfront: Oceanview
  • Keywords Dock: Not Applicable
  • General Property Description Bank Owned: Yes
  • 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 Golf Community: Yes
  • Community Amenities Fitness Center: Yes
  • Community Amenities Golf: Yes
  • General Property Description:Lot Dimensions: 70x112x60x109
  • Road Frontage Private Road: Yes
  • Flood Insurance Required2: Yes
  • Community Amenities Boat Storage: Yes
  • Lot Location MarshWater: Yes
  • Utilities Available:Cable: Yes
  • Utilities Available Electricity Available: Yes
  • Utilities Available Public Water2: Yes
  • Utilities Available Sewer: Yes
  • Community Amenities Marina: Yes
  • Topography Heavily Wooded: Yes
  • Lot Location Ocean View: Yes
  • Special Features: 1028
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Oceanview
  • Waterfront: Yes

Utilities

  • Utilities: Sewer, Electricity Available, Cable
  • Water Source: Public

Association/Amenities

  • Community Amenities:Dock2: Yes
  • Community Amenities:Clubhouse: Yes
  • Community Amenities:Pool2: Yes
  • Community Amenities:Tennis Court(s)2: Yes
  • Community Amenities:Playground: Yes

Lot Info

  • Zoning: PUD
  • Lot Dimensions: 70x112x60x109
  • Lot Size Sq Ft: 7226.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R400-039-00a-0104-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1601.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 13, 2016
Sold by
Branch Banking And Trust Company
Bought by
Herubin John F and Herubin Therese M
Seller's Agent
Keith Strawn
Ballenger Realty
Buyer's Agent
Charles Patty
Fripp Island Real Estate Co
List Price
$94,000
Sold Price
$80,000
Premium/Discount to List
-$14,000
-14.89%
Current Estimated Value
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,000
Avg. Annual Appreciation
22.97%

Purchase Details

Closed on
Dec 22, 2015
Sold by
Master In Equity For Beaufort County
Bought by
Branch Banking And Trust Company Of Sc

Purchase Details

Closed on
Jan 11, 2005
Sold by
Slaton Michael C and Slaton Paul E
Bought by
Shertenlieb Gary W and Diana Shertenlieb M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Herubin John F $80,000 Attorney
Branch Banking And Trust Company Of Sc $500 Attorney
Shertenlieb Gary W $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shertenlieb Gary W $193,500
Closed Branch Banking And Trust Company Of Sc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $80,000 -14.9% --
04/26/2016 04/26/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $94,000 -- --
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 $1,591 $5,870 $0 $0
2023 $1,591 $5,870 $0 $0
2022 $1,360 $5,100 $0 $0
2021 $1,335 $5,100 $0 $0
2020 $1,273 $5,100 $0 $0
2019 $1,288 $5,100 $0 $0
2018 $1,195 $5,100 $0 $0
2017 $1,193 $5,010 $0 $0
2016 $1,668 $7,260 $0 $0
2014 $1,323 $7,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 147391

Lowcountry Regional MLS

APN: R400-039-00A-0104-0000