NOT LISTED FOR SALE

Estimated Value: $6,170,678 - $6,790,000

0.51 Acre
$12,822,012 Price per Acre
22,216 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $1,200,000 $432 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $36,606/month

198 Days on Market

Highlights

  • Boat Ramp
  • Beach Access
  • Elevated Lot
  • Sullivans Island Elementary School Rated A
  • Wooded Lot

About This Lot

As of December 2018

This half acre street-to-street lot runs from Goldbug Avenue to Raven Drive and has several beautiful large trees on it. The existing home is included in as-is condition with no value assigned to the structure, however the home is occupied and could easily be renovated. The siding was replaced with HardiPlank in 2008 and the metal roof was installed in 2016. Existing structure is at 22' above MSL, current flood plain is AE-13. Building site on the high dune may offer some views of the marsh and Intracoastal. Walk to the beach or walk to the public boat landing at Station 26. Sullivan's Island Elementary, shopping and restaurants are only a bike ride away, and it's only a short trip to Mt. Pleasant and downtown Charleston. Limited topographical map is available.

Last Agent to Sell the Property

Charlie Aikman

Carolina One Real Estate License #1184 Listed on: 04/05/2018

Carolina One Real Estate

Last Buyer's Agent

Jamie Hollingsworth

Salmonsen Realty License #14111

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,862

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 105 x 210
  • Elevated Lot
  • Wooded Lot

Additional Homes

  • Residence on Property

Schools

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

Community Details

  • Boat Ramp
  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$24,862

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.51
  • Lot Size: 105 x 210
  • Subdivision Name: None
  • Directions: Coming Onto Sullivan's Island From The Causeway Make A Left Onto Jasper Blvd. , Follow Jasper North For 3 Blocks To Station 25 And Make Another Left. On Station 25 Take 2nd Right Onto Goldbug, Property Will Be Third House On The Left.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: .5 - 1 Acre, High, Wooded
  • Waterfront Features: Beach Access
  • Other Structures: Residence

Utilities

  • Sewer: Sewer At Site
  • Utilities: Electricity Connected, Water Connected

Condo/Co-op/Association

  • Community Features: Boat Ramp

Schools

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

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Number Of Lots: 1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5290600081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2024
Sold by
Elliot John Austin
Bought by
Mtorsc Llc
Current Estimated Value
$6,539,226

Purchase Details

Closed on
Dec 6, 2023
Sold by
Austin And Jenna Elliot Revocable Living
Bought by
Elliot John Austin

Purchase Details

Closed on
Apr 22, 2022
Sold by
Mills Steven R and Mills Kristen S
Bought by
Austin And Jenna Elliot Revocable Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850,000
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 5, 2018
Closed on
Dec 13, 2018
Sold by
Bethany David C and Merritt Janis E
Bought by
Mills Steven R and Mills Kristen S
Seller's Agent
Charlie Aikman
Carolina One Real Estate
Buyer's Agent
Jamie Hollingsworth
Salmonsen Realty
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1999
Sold by
Patrick C Ilderton Contractor Inc
Bought by
Bethany David C and Merritt Janis E
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
Mtorsc Llc -- None Listed On Document
Elliot John Austin -- None Listed On Document
Austin And Jenna Elliot Revocable Living Trus $5,500,000 None Listed On Document
Mills Steven R $1,200,000 None Available
Bethany David C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Revoca Austin $3,850,000
Previous Owner Mills Steven R $1,737,000
Previous Owner Mills Steven R $1,742,550
Previous Owner Mills Steven R $1,000,000
Previous Owner Bethany David C $470,000
Previous Owner Bethany David C $331,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $1,200,000 -17.2% $432 / Sq Ft
10/21/2018 10/21/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $1,450,000 -- $522 / 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
2024 $24,862 $220,000 $0 $0
2023 $24,862 $220,000 $0 $0
2022 $13,035 $116,000 $0 $0
2021 $13,475 $116,000 $0 $0
2020 $17,601 $47,960 $0 $0
2019 $18,032 $72,000 $0 $0
2017 $4,288 $41,630 $0 $0
2016 $4,088 $41,630 $0 $0
2015 $4,252 $41,630 $0 $0
2014 $3,306 $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: 18009347

CHS Regional MLS

APN: 529-06-00-081