NOT LISTED FOR SALE

Estimated Value: $548,000 - $623,835

2 Beds
2 Baths
1,538 Sq Ft
$382/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $530,000 $345 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,947/month

63 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Two Primary Bedrooms
  • Hilton Head Island High School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of September 2023

Looking for the perfect beach cottage, this is it. With less then a 2 minute walk to the Atlantic Ocean, this charming coastal cottage has it all.Completely renovated and fully furnished with views of the Atlantic Ocean off the front porch and salt water marsh views off the back porch this 2 bedroom 2 bath cottage has all you need!With all new appliances, roof and a/c this is rare find. Property is in CBRA zone. Rentals in 2022 over $60K and on pace for the same in 2023. One of the best short term rental properties on the island!!!

Last Agent to Sell the Property

Karen O'Grady Taylor & O'Grady Team

Charter One Realty (063) Listed on: 05/25/2023

Last Buyer's Agent

Brent Young

Lowcountry Realty Group, LLC (935)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,969

Year Built

  • Built in 1988

Lot Details

  • East Facing Home
  • Corner Lot

Parking

  • Driveway

Property Views

  • Ocean Views
  • Views of Wetlands

Home Design

  • Asphalt Roof
  • Wood Siding
  • Tile

Interior Spaces

  • 1,538 Sq Ft Home
  • Furnished
  • Built-In Features
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace
  • Screen For Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Screened Porch
  • Utility Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Screened Patio

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 422
  • Assessor Parcel Number R800-025-000-0083-0000

Community Details

Overview

  • Association fees include ground maintenance
  • The Beach Cottages At Melrose Subdivision

Recreation

  • Community Beach Access
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,969

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0.17
  • Road Surface Type: Paved
  • Ownership: Individual
  • Special Listing Conditions: None
  • Subdivision Name: THE BEACH COTTAGES AT MELROSE
  • Efficiency: Water Heater
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Fireplace Screen
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Fireplace, Multiple Primary Suites, Multiple Closets, Smooth Ceilings, Cable TV, Window Treatments, New Paint, Pantry
  • Living Area: 1538.0
  • Dining Room Type: Dining Room, Kitchen, Laundry, Living Room, Pantry, Screened Porch, Utility Room
  • Window Features: Insulated Windows, Window Treatments

Exterior Features

  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: Community
  • View: Marsh View, Ocean
  • View: Yes
  • Disclosures: Flood Insurance Required
  • Common Walls: End Unit
  • Construction Type: Wood Siding
  • Direction Faces: East
  • Exterior Features: Enclosed Porch, Outdoor Shower, Propane Tank - Owned, Paved Driveway, Propane Tank - Leased
  • Patio And Porch Features: Front Porch, Patio, Porch, Screened
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Beach Rights, Beach Access, Fitness Center, Pickleball, Pool

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Number Of Lots: 1
  • Parcel #: R800-025-000-0083-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 17, 2023
Sold by
Jones Tammy L
Bought by
Blair Henry K and Blair Danielle
Seller's Agent
Karen O'Grady Taylor & O'Grady Team
Charter One Realty (063)
Buyer's Agent
Brent Young
Lowcountry Realty Group, LLC (935)
List Price
$539,900
Sold Price
$530,000
Premium/Discount to List
-$9,900
-1.83%
Views
113
Current Estimated Value
$587,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,209
Avg. Annual Appreciation
6.26%
Original Mortgage
$397,500
Outstanding Balance
$390,227
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$207,154

Purchase Details

Closed on
Mar 10, 2021
Sold by
Lbsc 11 Llc
Bought by
Jones Tammy L

Purchase Details

Closed on
Dec 31, 2019
Sold by
Mjc Holdings Llc
Bought by
Lbsc 11 Llc

Purchase Details

Closed on
Jul 28, 2011
Sold by
A & L Ricou Investment Llc
Bought by
Bank Of North Carolina
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
Blair Henry K $530,000 None Listed On Document
Jones Tammy L $130,000 None Available
Lbsc 11 Llc $91,000 None Available
Bank Of North Carolina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Henry K $397,500
Previous Owner A & L Ricou Investment Llc $25,000
Previous Owner A & L Ricou Investment Llc $414,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $530,000 -0.9% $345 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
06/30/2023 06/30/23 Price Changed $535,000 -0.9% $348 / Sq Ft
05/26/2023 05/26/23 For Sale $539,900 +1.9% $351 / Sq Ft
05/25/2023 05/25/23 Off Market $530,000 -- --
Source: REsides

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 $8,969 $31,800 $0 $0
2023 $8,969 $8,970 $0 $0
2022 $2,355 $7,800 $0 $0
2021 $3,961 $13,660 $0 $0
2020 $3,849 $13,660 $0 $0
2019 $3,801 $13,660 $0 $0
2018 $3,604 $13,660 $0 $0
2017 $5,514 $20,280 $0 $0
2016 $5,393 $20,280 $0 $0
2014 $4,584 $20,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REsides

MLS Number: 435929

REsides

APN: R800-025-000-0083-0000