NOT LISTED FOR SALE

Estimated Value: $2,899,145

1.45 Acres
$1,999,410 Price per Acre
63,162 Sq Ft Lot

Sale Details

Date Sold: May 31, 2016

Last sale price $740,000

Est. 292% increase in value since last sale

Current estimated payment $16,479 / mo

622 Days on Market

Highlights

  • Community Boat Dock
  • Elevated Lot
  • Level Lot
  • 1.45 Acre Lot
  • Property fronts a marsh
  • Tidal Wetland on Lot

About This Lot

As of May 2016

Opportunity to build custom waterfront home; 1.45 acres on beautiful Molasses Creek with existing shared dock and private floater. Eight grand oaks on a high bluff with sweeping views of Molasses Creek and the Wando River. Quick access by boat from your dock to Charleston Harbor. Unsurpassed tranquility and convenience in this location just minutes to the Ravenel Bridge, downtown, or I-26. Buyers to pay Capital Contribution of .25% of purchase price at closing, and $100 transfer fee to HOA management company at closing. Covenants and Restrictions available upon request.

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,023

Lot Details

  • 1.45 Acre Lot
  • Property fronts a marsh
  • Elevated Lot
  • Level Lot
  • Tidal Wetland on Lot

Schools

  • James B Edwards Elementary School
  • Moultrie Middle School
  • Wando High School

Utilities

  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • River Reach At Remley's Point Subdivision

Recreation

  • Community Boat Dock
  • Shared Dock

Property Details

Property Type

Land

Est. Annual Taxes

$5,023

Lot Details

1.45 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.45
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: River Reach at Remley'S Point
  • Directions: From Downtown Take Ravenel Bridge (17n) To Mt Pleasant, Turn Left On Mathis Ferry Rd. Turn Left On 5th Ave. Go .5 Miles. Fifth Becomes Third Ave. Turn Right Into First Driveway After Yellow House. Lot
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1 - 2 Acres, High, Level
  • Waterfront Features: Marshfront, Tidal Creek, Waterfront - Deep
  • Waterfront: Yes

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: Central TV Available, Community Dock, Shared Dock
  • Association Fee: 2194
  • Association: Yes

Schools

  • Elementary School: James B Edwards
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • Lot Size Sq Ft: 63162
  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 5023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
May 27, 2016
Sold by
Bought by
List Price
$740,000
Sold Price
$740,000
Current Estimated Value
$2,899,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,159,145
Avg. Annual Appreciation
14.36%
Original Mortgage
$355,000
Outstanding Balance
$143,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,755,645

Purchase Details

Closed on
Feb 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,188
Interest Rate
5.69%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$740,000 --
-- --
$716,597 --
$535,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $355,000
Previous Owner $434,188
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $740,000 0.0% --
05/01/2016 05/01/16 Pending -- -- --
07/26/2014 07/26/14 For Sale $740,000 -- --
Source: CHS Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,713 $63,520 $0 $0
2023 $5,935 $63,520 $0 $0
2022 $5,553 $95,280 $0 $0
2021 $10,931 $48,000 $0 $0
2020 $10,798 $48,000 $0 $0
2019 $10,412 $44,400 $0 $0
2017 $10,005 $44,400 $0 $0
2016 $6,337 $29,140 $0 $0
2015 $6,023 $29,140 $0 $0
2014 $5,133 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Map

Source: CHS Regional MLS

MLS Number: 1420311

CHS Regional MLS

APN: 514-05-00-104

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