NOT LISTED FOR SALE

1220 Rivers Reach Dr Wando, SC 29492

Wando Neighborhood

Estimated Value: $766,000 - $863,955

0.33 Acres
$2,469,630 Price per Acre
14,375 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $825,000

Est. 1% decrease in value since last sale

Current estimated payment $5,324/month

165 Days on Market

Highlights

  • Private Dock
  • Wetlands on Lot
  • Cul-De-Sac
  • River Front

About This Lot

As of June 2024

DEEP WATERFRONT LOT!! Unveil the pinnacle of coastal luxury living at 1220 Rivers Reach Drive, Charleston, SC. This exclusive waterfront ''deep water'' lot offers a rare opportunity to create your dream home in a serene waterfront setting with unobstructed views abound- Unparalleled Waterfront Beauty: Positioned at the end of a cul-de-sac, this beautiful deepwater lot captures breathtaking sunrise views over the Wando River. Imagine starting your day with the soft glow of the morning sun reflecting off the water.- Dock Permit: This property comes with a valuable dock permit, giving you the flexibility to build your own private deep water dock.- Ready to Build: This exceptional lot has been meticulously prepared for your dream home. Trees have been removed, the landhas been expertly graded, and survey has been completed, ensuring that it's ready for construction.
- Neighborhood Growth: The neighborhood is on the rise, with office space, restaurants, shopping centers and developments planned, making it an exciting and promising area often referred to as the next "Nexton" neighborhood.
- Architectural Plans Included: Architectural plans are already available, providing a significant head start in turning your vision into reality.
- Pool Plans: Imagine enjoying your very own pool by the river. Pool plans have already been laid out in architectural design, ready for implementation.
- Seller Financing Available: Make your dream home a reality with the convenience of seller financing terms. Details available upon request.
- Rare Opportunity: This is the only available deepwater lot on the Wando River under $1 million, making it a truly unique and valuable investment.
This is your chance to own a waterfront masterpiece with endless possibilities. Embrace the waterfront lifestyle, where luxury meets natural beauty, and every day brings breathtaking views.

Last Agent to Sell the Property

Jordan Scott

EXP Realty LLC License #100371 Listed on: 10/10/2023

EXP Realty LLC

Last Buyer's Agent

Kristin Abbate

32 South Properties, LLC License #73961

Property Details

Property Type

  • Land

Lot Details

  • 0.33 Acre Lot
  • River Front
  • Cul-De-Sac
  • Finished Lot(s)

HOA Fees

  • $75 Monthly HOA Fees

Schools

  • Philip Simmons Elementary And Middle School
  • Philip Simmons High School

Listing and Financial Details

  • Tax Lot 62

Community Details

Overview

  • River Reach Pointe Subdivision

Recreation

  • Community Boat Dock
  • River Access
  • Private Dock
  • Wetlands on Lot

Building Details

  • Income includes ["none"]

Property Details

Property Type

Land

Lot Details

0.33 Acres

HOA Fees

$75 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • Subdivision Name: River Reach Pointe
  • Directions: I-526 Towards Mt. Pleasant Take Clements Ferry Road North. Go 6.5 Miles, Turn Right On Rivers Reach Road. Go To End Of River Reach Road To The Cul-de-sac In River Reach Pointe Subdivision.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Cul-De-Sac, Wetlands
  • Waterfront Features: River Access, River Front, Waterfront - Deep
  • Waterfront: Yes
  • Exterior Features: Private Dock At Lot

Garage/Parking

  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Dock
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Philip Simmons
  • High School: Philip Simmons
  • Middle Or Junior School: Philip Simmons

Lot Info

  • Development Status: Finished Lot(s), Rough Grade, Subdivision
  • Lot Size Sq Ft: 14374.8
  • Number Of Lots: 1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Tax Lot: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jun 26, 2024
Sold by
Scott Jordan and Scott Jason M
Bought by
Ott William Thad and Fowler Ott Kylie
Seller's Agent
Jordan Scott
EXP Realty LLC
Buyer's Agent
Kristin Abbate
32 South Properties, LLC
List Price
$913,000
Sold Price
$825,000
Premium/Discount to List
-$88,000
-9.64%
Views
52
Current Estimated Value
$814,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,022
Avg. Annual Appreciation
-0.70%
Original Mortgage
$742,500
Outstanding Balance
$370,074
Interest Rate
7.02%
Mortgage Type
Balloon
Estimated Equity
$444,904

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jun 24, 2021
Sold by
Wando River Llc
Bought by
Scott Jason M and Scott Jordan
Seller's Agent
John Rudloff
Carolina One Real Estate
Buyer's Agent
Jordan Scott
EXP Realty LLC
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%
Original Mortgage
$391,200
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2005
Sold by
River Reach Pointe Llc
Bought by
Wando River Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ott William Thad $825,000 None Listed On Document
Scott Jason M $489,000 Weeks & Irvine Llc
Scott Jason M $489,000 None Listed On Document
Wando River Llc $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ott William Thad $742,500
Previous Owner Scott Jason M $391,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $825,000 -8.1% --
12/19/2023 12/19/23 Price Changed $897,500 -1.7% --
10/10/2023 10/10/23 For Sale $913,000 +86.7% --
06/28/2021 06/28/21 Sold $489,000 0.0% -- View Prior Sale
05/13/2021 05/13/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $489,000 -- --
Source: CHS Regional MLS

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 $11,539 $820,000 $820,000 $0
2024 $11,179 $49,200 $49,200 $0
2023 $11,179 $48,000 $48,000 $0
2022 $11,699 $48,000 $48,000 $0
2021 $4,028 $15,480 $15,477 $0
2020 $4,045 $15,477 $15,477 $0
2019 $4,035 $15,477 $15,477 $0
2018 $3,724 $13,458 $13,458 $0
2017 $3,725 $13,458 $13,458 $0
2016 $3,761 $13,460 $13,460 $0
2015 $3,572 $13,460 $13,460 $0
2014 $3,332 $13,460 $13,460 $0
2013 -- $13,460 $13,460 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 23023161

CHS Regional MLS

APN: 269-06-02-062

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