NOT LISTED FOR SALE

Estimated Value: $2,750,000 - $4,519,000

0.51 Acre
$7,197,818 Price per Acre
22,216 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $1,535,000 $1,158 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $21,489/month

26 Days on Market

Highlights

  • Property fronts a marsh
  • Home to be built
  • 5-minute walk to J. Marshall Stith Park
  • Sullivans Island Elementary School Rated A

About This Lot

As of December 2021

One of the last marsh front lots on the backside of Sullivan's Island. Old structure is about to be removed and approved for new construction that will provide views of endless marsh, boat traffic on the Intracoastal Waterway with Charleston harbor in the distance. Half acre lot will accommodate as much house as you desire with room for a pool and all the accoutrements befitting an island lifestyle.

Last Agent to Sell the Property

Ed Boudolf

Carolina One Real Estate License #3648 Listed on: 12/18/2020

Carolina One Real Estate

Last Buyer's Agent

Jamie Hollingsworth

Salmonsen Realty License #14111

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,110

Lot Details

  • 0.51 Acre Lot
  • Property fronts a marsh

Home Design

  • Home to be built

Schools

  • Sullivans Island Elementary School
  • Moultrie Middle School
  • Lucy Beckham High School

Community Details

  • Sullivans Island Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$14,110

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.51
  • Subdivision Name: Sullivans Island
  • Directions: After Coming On To Island Take Right At The Only Stop Sign On The Island, Take 1st Left After Fire Station Then Left On Gull.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: .5 - 1 Acre, Will Build
  • Waterfront Features: Marshfront
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Connected, Water Connected

Condo/Co-op/Association

  • Community Features: Community Dock

Schools

  • Elementary School: Sullivans Island
  • High School: Lucy Beckham
  • Middle Or Junior School: Moultrie

Lot Info

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

Tax Info

  • Tax Map Number: 5290500066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2023
Sold by
2014 Gull Drive Llc
Bought by
Rasor Jake and Rasor Elizabeth G
Current Estimated Value
$3,670,887

Purchase Details

Closed on
Jan 27, 2021
Sold by
Ilderton Patrick C
Bought by
2014 Gull Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 30, 2008
Sold by
Ilderton Patrick C
Bought by
Gull Drive Llc

Purchase Details

Closed on
Feb 7, 2006
Sold by
Cummings Robert J and Cummings Kristin Trammell
Bought by
Ilderton Patrick C

Purchase Details

Closed on
Jun 20, 2000
Sold by
Town Of Sullivans Island
Bought by
Cummings Robert J and Cummings Kristin Trammell

Purchase Details

Closed on
May 23, 2000
Sold by
Ann Dingle Dolly
Bought by
Cummings Robert J and Cummings Kristin Trammell
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
Rasor Jake -- None Listed On Document
2014 Gull Drive Llc $1,535,000 None Available
Ilderton Patrick C -- None Available
Gull Drive Llc -- --
Ilderton Patrick C $1,142,000 None Available
Cummings Robert J -- --
Cummings Robert J $500,000 --
Cummings Robert J -- --
Dingle Dolly Ann -- --
Dingle Dolly Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2014 Gull Drive Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,535,000 -4.1% $1,158 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $1,600,000 -- $1,207 / 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 $14,110 $124,000 $0 $0
2022 $23,226 $92,100 $0 $0
2021 $12,853 $51,270 $0 $0
2020 $12,664 $51,270 $0 $0
2019 $11,230 $44,580 $0 $0
2017 $10,295 $44,580 $0 $0
2016 $9,922 $44,580 $0 $0
2015 $9,397 $44,580 $0 $0
2014 $7,751 $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: 20033367

CHS Regional MLS

APN: 529-05-00-066