NOT LISTED FOR SALE

Estimated Value: $5,333,000 - $6,598,777

0.51 Acre
$11,753,449 Price per Acre
22,216 Sq Ft Lot

Last Sold March 30, 2016

Last sale price $840,000

Est. 614% increase in value since last sale

Current estimated payment $32,904/month

336 Days on Market

Highlights

  • Beach Access
  • Interior Lot
  • 4-minute walk to J. Marshall Stith Park
  • Sullivans Island Elementary School Rated A

About This Lot

As of March 2016

Beautiful half acre+ lot between Middle St. and I'on Ave on the corner of Station 20. Structure on the property is uninhabitable and strictly sold 'as is'. Wonderful location in front of the Edgar Allen Poe library and 'catty-corner' to Sullivans Island Elementary school. Quiet lot within walking distance to beach and 'restaurant row on Middle St. Architectural plans available which gives you an idea of how a house and pool can be laid out on the property. Lot is not part of the historical district - no restrictions on lot, except standard Sullivans Island Town guidelines.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,986

Lot Details

  • 0.51 Acre Lot
  • Interior Lot

Additional Homes

  • Residence on Property

Schools

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

Community Details

Overview

  • Sullivans Island Subdivision

Recreation

  • Beach Access
  • Utility Building

Property Details

Property Type

Land

Est. Annual Taxes

$7,986

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.51
  • Road Frontage Type: City Street
  • Subdivision Name: Sullivans Island
  • Directions: Take Ben Sawyer Blvd To Sullivans Island. Continue Straight Over The Ben Sawyer Bridge Till You Get To Middle St. Right On Middle St. To Station 20. Property Fronts On Both Middle And I'on At Station 20.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: .5 - 1 Acre, Interior Lot
  • Waterfront Features: Beach Access
  • Other Structures: Residence, Utility/Storage Bldg

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Water Connected

Schools

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

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 52909000111
  • Tax Annual Amount: 7986.41

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Bozzelli Tracey M
Bought by
Rhodes Samuel W
Current Estimated Value
$5,994,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,322,000
Outstanding Balance
$1,314,004
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$4,680,255

Purchase Details

Listed on
Mar 25, 2015
Closed on
Mar 18, 2016
Sold by
Patrick Lester R
Bought by
Bozzelli Tracey M
List Price
$950,000
Sold Price
$840,000
Premium/Discount to List
-$110,000
-11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.82%
Original Mortgage
$630,000
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Rhodes Samuel W -- None Listed On Document
Bozzelli Tracey M $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Samuel W $1,322,000
Previous Owner Bozzelli Tracey M $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $840,000 -11.6% --
02/25/2016 02/25/16 Pending -- -- --
03/25/2015 03/25/15 For Sale $950,000 -- --
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 $13,102 $115,000 $0 $0
2023 $13,102 $115,000 $0 $0
2022 $12,925 $115,000 $0 $0
2021 $13,396 $115,000 $0 $0
2020 $13,672 $115,000 $0 $0
2019 $11,416 $100,000 $0 $0
2017 $11,518 $50,400 $0 $0
2016 $10,226 $45,970 $0 $0
2015 $9,686 $45,970 $0 $0
2014 $7,986 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Map

Source: CHS Regional MLS

MLS Number: 15007674

CHS Regional MLS

APN: 529-09-00-011