NOT LISTED FOR SALE

Estimated Value: $376,711 - $521,000

2 Beds
2 Baths
940 Sq Ft
$92/mo HOA Fee

Last Sold November 10, 2021

Last sale price $315,000 $335 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,967/month

119 Days on Market

Highlights

  • Marina
  • Boat or Launch Ramp
  • Gated Community
  • Boat Dock
  • Golf Course Community
  • Clubhouse

About This Home

As of November 2021

Fripp Island-Powerhouse of an investment opportunity! This super cute 2BR/2BA condo is booked solid and generating in excess of 10% gross return on investment. Located on the first floor, updated throughout, equipped with a full kitchen including stainless appliances and granite countertops. Selling furnished with only a few exceptions! This unit offers stunning sunsets and marsh views a private screened porch. Just steps away from the door of your private screened porch you will find Beach Club Villa's own private dock where you will be able to sit and relax, enjoy watching the wildlife or partake in fishing and crabbing. Within a short walk, you will soon be enjoying the beach and island amenities including, multiple pools, restaurants, bars, tennis club, and golf course. There's so much to offer we can't possibly list it all! Fripp Island is a highly sought after vacation destination located in a gated community. Club membership is required for full use of amenities and mandatory for short-term rentals. Regime fees include exterior maintenance, landscaping, basic cable tv, trash service, pest control, termite bond, and operating expenses.

Last Agent to Sell the Property

Dana Wright

Carolina Realty of the Lowctry License #107418 Listed on: 08/20/2021

Last Buyer's Agent

Karen Natoli

Fripp Island Real Estate Co License #44687

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1983

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Board and Batten Siding
  • Stucco

Interior Spaces

  • 940 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Family Room
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Tile Flooring
  • Security Gate

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Boat or Launch Ramp
  • Property fronts a marsh
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R400-040-000-676a-0172

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, security

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • RV or Boat Storage in Community
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,600

Year Built

Built in 1983

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1983
  • Property Sub-Type: Condominium
  • CommunityFeatures: Tennis Court(s), Membership may be required, Marina, Lawn Maintenance, Pool, Boat Landing, Boat Storage, Clubhouse, Walking Trail, Security Gate, Golf
  • Ownership: No
  • MLS Status: Closed
  • Keywords Family Room: Yes
  • Keywords Formal Dining Room: No
  • Keywords Fireplace: No
  • Keywords GarageCarport: None
  • Keywords Waterfront: Marsh/Water/View
  • Keywords Dock: Community Dock
  • General Property Description Bank Owned: No
  • General Property Description Short Sale: No
  • General Property Description:Basement: No
  • Dining KitDinCombo: Yes
  • Floors:Tile2: Yes
  • AppliancesEquipment Dishwasher: Yes
  • AppliancesEquipment ElecOvenRange: Yes
  • AppliancesEquipment Microwave: Yes
  • WaterSewer:Public Water: Yes
  • Financial HOA Fee Amount: 1100.0
  • Financial HOA Fee Frequency: Annually
  • Community Gated Community: Yes
  • Community Waterfront Community2: Yes
  • Exterior Extras Screened Porch: Yes
  • Other Rooms Master Bedroom 1st Flr: Yes
  • Walls:Sheet Rock: Yes
  • Cooling Heat Pump2: Yes
  • AppliancesEquipment Ceiling Fan: Yes
  • AppliancesEquipment Ice Maker: Yes
  • AppliancesEquipment SmokeHeat Detector: Yes
  • Community Amenities Boat Landing: Yes
  • Community Amenities Security Gate: Yes
  • Community Amenities Walking Trail: Yes
  • Community Golf Community: Yes
  • Construction BoardBatten: Yes
  • AppliancesEquipment Cable TVAvailable: Yes
  • AppliancesEquipment Dryer: Yes
  • AppliancesEquipment Washer: Yes
  • Water Sewer Public Sewer: Yes
  • Community Amenities Lawn Maintenance: Yes
  • Water Heater Electric4: Yes
  • Community Amenities Boat Storage: Yes
  • Community Amenities Marina: Yes
  • Washer Connection Yes2: Yes
  • Dryer Connection Electric: Yes
  • Dryer Connection Yes: Yes
  • Flood Insurance Required: Yes
  • Home ASRE Fees Security Service: Yes
  • Home ASRE Fees Trash Service: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile
  • Appliances: Cable TV/Available, Ceiling Fan, Dishwasher, Dryer, Elec/Oven/Range, Furnished, Ice Maker, Microwave, Refrigerator, Smoke/Heat Detector, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Waterfront Features: Marsh/Water/View
  • Waterfront: Yes
  • Construction Type: Stucco, Board/Batten
  • Exterior Features: Screened Porch
  • Construction:Stucco: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Community Amenities:Clubhouse: Yes
  • Community Amenities:Pool2: Yes
  • Community Amenities:Tennis Court(s)2: Yes

Fee Information

  • Association Fee Includes: Trash, Security

Lot Info

  • Zoning: PUD
  • Parcel Number: R400-040-000-676a-0172

Tax Info

  • Tax Annual Amount: 2600.0
  • Tax Map Number: 02455818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 16, 2021
Sold by
Russell Lonnie W and Russell Melissa A
Bought by
Neal James K and Neal Nancy W
Seller's Agent
Dana Wright
Carolina Realty of the Lowctry
Buyer's Agent
Karen Natoli
Fripp Island Real Estate Co
List Price
$375,000
Sold Price
$315,000
Premium/Discount to List
-$60,000
-16%
Current Estimated Value
$442,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,678
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Dec 3, 2018
Closed on
May 16, 2019
Sold by
Hartley Lewie and Hartley Terri
Bought by
Russell Lonnie W and Russell Melissa A
Seller's Agent
Gail Shinall
The HomesFinder Realty Group
Buyer's Agent
Victor Schwarzer
Fripp Island Real Estate Co
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.11%
Original Mortgage
$157,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2014
Sold by
At Anchor Llc
Bought by
Hartley Lewie and Hartley Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2005
Sold by
Demilio Thomas J
Bought by
At Anchor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,435
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2002
Sold by
Ozburn Emory D
Bought by
Demilio Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
6.52%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Neal James K $315,000 None Available
Russell Lonnie W $175,000 None Available
Hartley Lewie $210,000 --
At Anchor Llc $310,000 None Available
Demilio Thomas J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Lonnie W $157,500
Previous Owner Hartley Lewie $157,500
Previous Owner At Anchor Llc $33,435
Previous Owner Demilio Thomas J $150,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $315,000 -16.0% $335 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $375,000 +114.3% $399 / Sq Ft
05/31/2019 05/31/19 Sold $175,000 -12.1% $186 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
12/01/2018 12/01/18 For Sale $199,000 -- $212 / Sq Ft
Source: Lowcountry 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 $5,560 $14,740 $0 $14,740
2023 $5,560 $14,740 $0 $14,740
2022 $4,971 $12,600 $0 $12,600
2021 $2,726 $10,500 $0 $0
2020 $2,600 $10,500 $0 $0
2019 $2,612 $10,430 $0 $0
2018 $2,429 $10,430 $0 $0
2017 $2,974 $12,600 $0 $0
2016 $2,888 $12,600 $0 $0
2014 $2,194 $9,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 171621

Lowcountry Regional MLS

APN: R400-040-000-676A-0172