NOT LISTED FOR SALE

Estimated Value: $2,009,000 - $3,278,382

0.23 Acre
$11,612,374 Price per Acre
10,019 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $846,250 $756 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $17,175/month

95 Days on Market

About This Lot

As of October 2020

**TWO LOTS** Amazing investment opportunity* OCEAN VIEWS* CREEK VIEWS* CLEARED * SURVEYED* READY TO GO! TWO lots are being sold together! The possibilities are endless with this property...Build two new construction homes...Build one larger dream home across both lots...Build one home and sell the second lot!! These lots are in a great location on the island just two blocks from the beach!

Last Agent to Sell the Property

Annette Whitmer

Carolina One Real Estate License #30919 Listed on: 04/03/2020

Carolina One Real Estate

Last Buyer's Agent

David Millman

The Boulevard Company License #100544

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,187

Year Built

  • 1955

Lot Details

  • 10,019

Schools

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

Additional Features

  • Beach Access
  • 10,019 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$26,187

Year Built

1955

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Subdivision Name: None
  • Directions: Iop Corner Of Palm Blvd & 5th Ave.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1955

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Features: Beach Access

Garage/Parking

  • Open Parking: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5681000026

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Almost Heaven Holdings Llc
Bought by
South Cottonwood Llc
Total Days on Market
95
Current Estimated Value
$2,670,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,506,901
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$1,258,879

Purchase Details

Listed on
Apr 3, 2020
Closed on
Oct 1, 2020
Sold by
Vliet Charles Edward
Bought by
Almost Heaven Holdings Llc
Seller's Agent
Annette Whitmer
Carolina One Real Estate
Buyer's Agent
David Millman
The Boulevard Company
List Price
$1,000,000
Sold Price
$846,250
Premium/Discount to List
-$153,750
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.29%
Original Mortgage
$2,093,930
Interest Rate
2.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
South Cottonwood Llc -- None Listed On Document
Almost Heaven Holdings Llc $846,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Cottonwood Llc $1,600,000
Previous Owner Almost Heaven Holdings Llc $2,093,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $846,250 -15.4% $756 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $1,000,000 -- $893 / 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
2023 $26,187 $114,000 $0 $0
2022 $6,847 $31,500 $0 $0
2021 $6,769 $31,500 $0 $0
2020 $1,378 $14,520 $0 $0
2019 $1,244 $12,620 $0 $0
2017 $1,194 $12,620 $0 $0
2016 $1,125 $12,620 $0 $0
2015 $1,192 $12,620 $0 $0
2014 $1,208 $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: 20009272

CHS Regional MLS

APN: 568-10-00-026