NOT LISTED FOR SALE

Estimated Value: $2,856,949 - $3,878,000

3 Beds
1.5 Baths
1,062 Sq Ft
$2,975/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $2,650,000 $2,495 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $20,996/month

609 Days on Market

Highlights

  • Boat Ramp
  • Beach Access
  • Separate Formal Living Room
  • Sullivans Island Elementary School Rated A
  • Wooded Lot
  • Cottage

About This Home

As of July 2023

Build Your Dream House overlooking awesome Vista views of the Atlantic Ocean, the Ship Channel which navigates the Bar of Charleston Harbor; Gateway to the Atlantic. Lovely buildable Lot consisting of .35 acre, located on a street to street corner, at the west end of beautiful Sullivan's Island. At the far end of lot, near Middle St. is a charming early-mid 1900's Beach Cottage, 3 B/R, 2 B/A, L/R, D/R, Kit & Laundry Rm. New Owner can remove Cottage from property or renovate it for a Guest House, Pool House, etc. Cottage sold in an as-is Condition, no cash value has been attributed to the Cottage. Great opportunity to own a piece of Island history. Property accessible from all three sides, providing excellent opportunity for the discerning Buyer to construct a new home facing ... morePoe Ave. One of the few remaining LOTS left on the Island, offering unbeatable views along with a convenient beach access path located just across the street, leading to Sullivan's Island & Ft. Moultrie's pristine beaches.
Enjoy some of the great restaurants Sullivan's has to offer along with a short drive to Historic downtown Charleston, SC, a fabulous
enchanting city.

Last Agent to Sell the Property

Linda Laird

Carolina One Real Estate License #54681 Listed on: 10/15/2021

Carolina One Real Estate

Last Buyer's Agent

Ariel Trouche

Carolina One Real Estate License #53819

Carolina One Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,605

Year Built

  • Built in 1920

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 87 x 177 x 71 x 169
  • Level Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Formal Dining Room
  • Crawl Space
  • Dryer

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Beach Access

Schools

  • Sullivans Island Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Boat Ramp
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,605

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1920
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.35
  • Lot Size: 87 x 177 x 71 x 169
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: Ben Sawyer Blvd. To Sullivan's Island, Right On Middle St., Go Approx. 1 1/4 Mi., Property On The Corner Of Middle, Palmetto & Poe Aves.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Ground Level
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Formal Living, Separate Dining
  • Master Bedroom Features: Ceiling Fan(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Asphalt
  • Lot Features: 0 - .5 Acre, Level, Wooded
  • Waterfront Features: Beach Access
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space
  • Other Structures: None
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: SI W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Park, Trash, Walk/Jog Trails

Schools

  • Elementary School: Sullivans Island
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • Lot Size Sq Ft: 15245.999999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5230700102
  • Tax Annual Amount: 12605.26

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jul 25, 2023
Sold by
Sisters Of Charity Of St Augustine
Bought by
Townsend David B and Townsend Erica H
Seller's Agent
Linda Laird
Carolina One Real Estate
Buyer's Agent
Ariel Trouche
Carolina One Real Estate
List Price
$3,250,000
Sold Price
$2,650,000
Premium/Discount to List
-$600,000
-18.46%
Views
186
Current Estimated Value
$3,159,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,487
Avg. Annual Appreciation
9.05%
Original Mortgage
$1,650,000
Outstanding Balance
$1,613,061
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$1,546,426
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
Townsend David B $2,650,000 None Listed On Document
Townsend David B $2,650,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend David B $1,650,000
Closed Townsend David B $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $2,650,000 -7.0% $2,495 / Sq Ft
05/12/2023 05/12/23 Price Changed $2,850,000 -8.1% $2,684 / Sq Ft
03/13/2023 03/13/23 Price Changed $3,100,000 -4.6% $2,919 / Sq Ft
10/15/2021 10/15/21 For Sale $3,250,000 -- $3,060 / Sq Ft
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 $42,548 $106,000 $0 $0
2023 $42,548 $51,030 $0 $0
2022 $13,000 $51,030 $0 $0
2021 $12,794 $51,030 $0 $0
2020 $12,605 $51,030 $0 $0
2019 $11,178 $44,370 $0 $0
2017 $10,247 $44,370 $0 $0
2016 $9,876 $44,370 $0 $0
2015 $9,354 $44,370 $0 $0
2014 $8,692 $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: 21027844

CHS Regional MLS

APN: 523-07-00-102