NOT LISTED FOR SALE

2504 Otter Ln Seabrook Island, SC 29455

Estimated Value: $1,853,000 - $2,209,284

0.4 Acre
$5,132,678 Price per Acre
17,424 Sq Ft Lot

Last Sold October 11, 2019

Last sale price $153,000

Est. 1,242% increase in value since last sale

Current estimated payment $11,398/month

73 Days on Market

Highlights

  • Marina
  • On Golf Course
  • Fitness Center
  • Boat Dock
  • Equestrian Center
  • Lagoon View

About This Lot

As of October 2019

**CHARTER MEMBERSHIP** This is a rare opportunity to be able to transfer the seller's club membership for just a $250 transfer fee at closing!!! (see more below)****One of the BEST golf course homesites on the island, truly! First of all, this property is on a very quiet street and is located at the very end of the cul-de-sac. It is has an ideal shape that fans out towards the back of the property to take advantage of the incredible views. (I say ''views'' because the potential for almost 180 degrees of views is there) It overlooks a very large lagoon, and then the view goes straight down #3 and #2 fairways of Ocean Winds as well as #4 to the left. Lagoon + 3 fairways= amazing potential for a GORGEOUS home!!!!! (Charter membership- dues are $120/mo vs regular $232/mo. When the property isdeveloped, you can upgrade to the community level membership at no charge, just pay community level dues!!!! This is great savings and a great value added to this property!!!Just 23 miles south of Downtown Charleston, Seabrook Island is home to 4 miles of pristine beaches, 2 championship golf courses, oceanfront Beach Club with pools and oceanside dining, 15 clay courts, 2 pickleball courts, a 22-acre equestrian center, state-of-the-art fitness facility with indoor and outdoor saltwater pools, community crabbing dock, and multiple dining venues, all with incredible views. Enjoy walk/jog/biking trail that extends from Seabrook to Kiawah. Bohicket Marina and Freshfields Village are both just outside of the Island gates! Bohicket Marina is a full-service marina with 200 wet slips, dry stack, laundry and shower facilities, shops, and restaurants. Freshfields Village is a shopping center that has everything you need including grocery store, gas station, banks, shops, medical care, and dining.

Last Agent to Sell the Property

Emery Macpherson

Akers Ellis Real Estate LLC License #58859 Listed on: 05/16/2019

Last Buyer's Agent

J Marc Chafe

Seabrook Island Real Estate License #79999

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,470

Lot Details

  • 0.4 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Cul-De-Sac
  • Elevated Lot

HOA Fees

  • $97 Monthly HOA Fees

Schools

  • Angel Oak Elementary School
  • Haut Gap Middle School
  • St. Johns High School

Additional Features

  • Lagoon Views
  • Equestrian Center

Community Details

Overview

  • Club Membership Available
  • Seabrook Island Subdivision

Recreation

  • Boat Dock
  • Marina
  • Golf Course Membership Available
  • Fitness Center
  • Trails

Additional Features

  • Clubhouse
  • Income includes ["none"]

Property Details

Property Type

Land

Est. Annual Taxes

$4,470

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.4
  • Road Frontage Type: Private Road
  • Subdivision Name: Seabrook Island
  • Directions: Through Seabrook Gate, Continue Down Seabrook Island Rd, Take A Left Onto The Haulover, Right Onto Otter Lane. This Homesite Will Be At The End Of The Cul De Sac.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Cul-De-Sac, High, On Golf Course
  • Waterfront Features: Lagoon

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: No
  • Sewer: Sewer At Site
  • Utilities: Water Connected

Condo/Co-op/Association

  • Community Features: Clubhouse, Club Membership Avai, Dock Facilities, Equestrian Center, Fitness Center, Golf Membership Avai, Marina, Walk/Jog Trails
  • Association Fee: 1162
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Angel Oak
  • High School: St. Johns
  • Middle Or Junior School: Haut Gap

Lot Info

  • Development Status: Subdivision
  • Lot Size Sq Ft: 17424
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 1470300032

Multi Family

  • Income Includes: ["None"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Oct 4, 2019
Sold by
Coleman Gary E and Coleman Patricia A
Bought by
Palmer Joy and Palmer Edward P
Seller's Agent
Emery Macpherson
Akers Ellis Real Estate LLC
Buyer's Agent
J Marc Chafe
Seabrook Island Real Estate
List Price
$153,000
Sold Price
$153,000
Current Estimated Value
$2,053,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,900,071
Avg. Annual Appreciation
54.15%
Source: Public Records

Range of Values:

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Average Value
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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
Palmer Joy $153,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $153,000 0.0% --
09/11/2019 09/11/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $153,000 -- --
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 $4,470 $42,160 $0 $0
2023 $4,470 $42,160 $0 $0
2022 $14,560 $64,320 $0 $0
2021 $2,040 $9,180 $0 $0
2020 $2,011 $9,180 $0 $0
2019 $2,622 $11,400 $0 $0
2017 $3,296 $15,160 $0 $0
2016 $3,166 $15,160 $0 $0
2015 $2,999 $15,160 $0 $0
2014 $2,664 $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: 19014309

CHS Regional MLS

APN: 147-03-00-032