NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $1,848,000

0.84 Acre
$1,748,231 Price per Acre
36,590 Sq Ft Lot

Last Sold February 08, 2017

Last sale price $120,000

Est. 1,124% increase in value since last sale

Current estimated payment $8,062/month

504 Days on Market

About This Lot

As of February 2017

The serenity of the country but the convenience of town & the beach. Beautiful corner lot located in the historic Village of Secessionville, The neighborhood is just beyond Fort Lamar, a passive 14 acre South Carolina Heritage Preserve. Custom homes with private large lots & grand oak trees. City water & natural gas. Located 15-20 minutes from downtown Charleston & 5-10 minutes from Folly Beach. Home site is 0.84 acres & backs up to a HOA buffer creating privacy. HOA fees are minimal. Rare opportunity on James Island offering exclusivity in a casual low country setting. Adjacent to a 4500 sq. ft. custom home at 1174 Fort Lamar, the neighboring lot, listed by Carriage Properties, LLC, if a buyer wanted a turnkey home & this additional lot for a total of 1.79 acres. No build time requiredcurrently. Lot is located in an AE Flood Zone effective February 1, 2014.

Last Agent to Sell the Property

Alton Brown

Carriage Properties LLC License #53021 Listed on: 06/15/2015

Last Buyer's Agent

Jack Gumb

The Exchange Company, LLC License #59641

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,773

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 175x232x135x204
  • Finished Lot(s)

Schools

  • Harbor View Elementary School
  • James Island Middle School
  • James Island Charter High School

Community Details

  • The Village At Secessionville Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,773

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.84
  • Lot Size: 175X232X135X204
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: The Village at Secessionville
  • Directions: From Folly Road, 4.2 Miles From James Island Connector, Left On Battery Island, Right On Battalion, Right On Fort Lamar. Property Is On Left Past The Historic Heritage Preserve.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: .5 - 1 Acre

Garage/Parking

  • Open Parking: No

Schools

  • Elementary School: Harbor View
  • High School: James Island Charter
  • Middle Or Junior School: James Island

Lot Info

  • Development Status: Finished Lot(s), Subdivision
  • Lot Size Sq Ft: 36590.4
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 1772.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Cruse Brian C
Bought by
Cruse Brian C and Cruse Teresa
Current Estimated Value
$1,468,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Outstanding Balance
$638,936
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$829,578

Purchase Details

Listed on
Jun 15, 2015
Closed on
Feb 6, 2017
Sold by
Mcmahon Frank A and Smith Georgette M
Bought by
Cruse Brian C
Seller's Agent
Alton Brown
Carriage Properties LLC
Buyer's Agent
Jack Gumb
The Exchange Company, LLC
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.63%
Original Mortgage
$102,000
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 16, 2005
Sold by
Martschink Properties Llc
Bought by
Mcmahon Frank A and Smith Georgette M
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
Cruse Brian C -- Weeks & Irvine Llc
Cruse Brian C $120,000 None Available
Mcmahon Frank A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruse Brian C $710,000
Closed Cruse Brian C $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2017 02/08/17 Sold $120,000 0.0% --
01/09/2017 01/09/17 Pending -- -- --
06/15/2015 06/15/15 For Sale $120,000 -- --
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
2024 $4,144 $27,460 $0 $0
2023 $3,539 $27,460 $0 $0
2022 $3,316 $27,460 $0 $0
2021 $3,481 $27,460 $0 $0
2020 $1,965 $7,590 $0 $0
2019 $1,956 $7,200 $0 $0
2017 $1,709 $6,590 $0 $0
2016 $1,652 $6,590 $0 $0
2015 $1,576 $6,590 $0 $0
2014 $1,773 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 15015832

CHS Regional MLS

APN: 431-04-00-017