NOT LISTED FOR SALE

Estimated Value: $2,154,000 - $3,856,000

0.36 Acre
$7,687,706 Price per Acre
15,682 Sq Ft Lot

Last Sold October 15, 2013

Last sale price $420,000

Est. 559% increase in value since last sale

Current estimated payment $16,241/month

55 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • No HOA
  • South Shore Elementary School Rated A-
  • River View

About This Lot

As of October 2013

Last build-able lot in special Long Point on the Severn. Beautiful southern views of St. Helena Island and Little Round Bay & northern view of the Severn River make this an incredible property. Pre-approved septic plan and grading plan in hand. All properties on Long Point are waterfront. This is a rare offering, and is the last of its kind.

Last Agent to Sell the Property

Merritt Butts

Long & Foster Real Estate, Inc. Listed on: 06/27/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Julie Procopio

Berkshire Hathaway HomeServices Homesale Realty License #621220

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,048

Lot Details

  • 0.36 Acre Lot
  • Home fronts navigable water
  • South Facing Home
  • No Building Permits

Property Views

  • River
  • Scenic Vista

Utilities

  • Applied For Permit

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 020253090231080

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,048

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 28.11

Exterior Features

  • Construction Completed: No
  • View: Water, River, Scenic Vista
  • Water Access: Yes
  • Water Body Name: LITTLE ROUND BAY
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 298.00
  • Central Air Conditioning: No
  • Sewer/Septic System: Applied For Permit
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size Area: 15475
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15475.00
  • Possible Use: Residential
  • Year Assessed: 2013
  • Zoning: RESIDENT

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15460028
  • Tax Annual Amount: 5048.08
  • Assessor Parcel Number: 020253090231080
  • Tax Lot: 54
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 10/15/2013

Multi Family

  • Dock Slip Conveyance: None Available
  • Mean Low Water Feet: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2013
Closed on
Oct 15, 2013
Sold by
Sheehan David M and The Estate Of Beatrice L Selvi
Bought by
Procopio Joseph A and Procopio Julie
Seller's Agent
Merritt Butts
Long & Foster Real Estate, Inc.
Buyer's Agent
Julie Procopio
Berkshire Hathaway HomeServices Homesale Realty
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Current Estimated Value
$2,767,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,347,574
Avg. Annual Appreciation
17.07%
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Procopio Joseph A $420,000 Home First Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Procopio Joseph A $850,000
Closed Procopio Joseph $300,000
Closed Procipio Julie $925,000
Closed Procopio Joseph A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $420,000 -3.4% --
08/21/2013 08/21/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $435,000 -- --
Source: Bright 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
2025 $15,330 $1,787,300 $579,400 $1,207,900
2024 $15,330 $1,625,567 $0 $0
2023 $14,855 $1,463,833 $0 $0
2022 $14,241 $1,302,100 $564,600 $737,500
2021 $13,260 $1,257,000 $0 $0
2020 $13,260 $1,211,900 $0 $0
2019 $7,073 $1,166,800 $423,100 $743,700
2018 $11,831 $1,166,800 $423,100 $743,700
2017 $12,438 $1,166,800 $0 $0
2016 -- $398,600 $0 $0
2015 -- $398,600 $0 $0
2014 -- $398,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003594208

Bright MLS

APN: 02-530-90231080