NOT LISTED FOR SALE

Estimated Value: $2,741,386 - $2,965,000

2 Beds
2 Baths
1,952 Sq Ft
$1,469/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $2,750,000 $1,409 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $16,330/month

13 Days on Market

Highlights

  • Boat Ramp
  • Deck
  • Cathedral Ceiling
  • Sullivans Island Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of April 2024

Classic Sullivan's Island cottage that is situated on a spacious half acre, street to street lot, with the potential to build a brand new main house and keep the cottage as a completely separate structure! Located in the highly desirable Raven-Goldbug-Myrtle neighborhood, this home was renovated a few years ago with a high-end kitchen and new bathroom, and the open floor plan lends itself to family living as well as entertaining. The great room flows out to the huge screened porch which overlooks the backyard, and there is a great kayak launch just a couple of properties away! The beach path at Station 26 is also just a short walk, as well as all of the restaurants and shops that the island has to offer. The current owners were previously permitted to have 2 separate structures on the property, and although that permit has likely expired, it can probably be reissued for a new owner with either the same plans, or a new overall design. Don't miss this incredible and rare opportunity to have a huge island property with a brand new main house with a separate guest cottage which would be perfect for a home office, guest quarters, or even potential rental income!!

Last Listed By

Ashley Haynes

East Islands Real Estate License #13214 Listed on: 03/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,219

Year Built

  • Built in 1926

Lot Details

  • 0.5 Acre Lot
  • Wood Fence

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Wood Flooring
  • Crawl Space
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio

Location

  • Property is near a bus stop

Schools

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

Utilities

  • No Cooling
  • No Heating

Community Details

Overview

  • Sullivans Island Subdivision

Recreation

  • Boat Ramp
  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,219

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1926
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.5
  • Subdivision Name: Sullivans Island
  • Directions: Take Ben Sawyer Blvd. To Sullivan's Island, And Take A Left Onto Myrtle Ave. House Will Be On Your Left Just After Station 26
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Ceiling Fan(s), Great
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Fencing: Fence - Wooden Enclosed
  • Lot Features: .5 - 1 Acre
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: None
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Laundry Room
  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, SI W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Bus Line, Park, Tennis Court(s), Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 21780
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5290600051

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 22, 2024
Sold by
Hawkins Cullen and Hawkins Sara Jane
Bought by
806282 Trust and Loyd
Seller's Agent
Ashley Haynes
East Islands Real Estate
Buyer's Agent
Gunnar Heidt
The Boulevard Company
List Price
$2,950,000
Sold Price
$2,750,000
Premium/Discount to List
-$200,000
-6.78%
Total Days on Market
13
Views
28
Current Estimated Value
$2,867,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,097
Avg. Annual Appreciation
4.13%
Original Mortgage
$1,750,000
Outstanding Balance
$1,732,919
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$1,134,178

Purchase Details

Listed on
Jul 12, 2015
Closed on
Aug 18, 2015
Sold by
Gilbert Thomas M and Gilbert Sharon White
Bought by
Hawkins Cullen and Hawkins Sara Jane
Seller's Agent
Angela Jones
The Jones Company Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$997,000
Sold Price
$967,260
Premium/Discount to List
-$29,740
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%
Original Mortgage
$773,808
Interest Rate
4.09%
Mortgage Type
New Conventional

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
806282 Trust $2,750,000 None Listed On Document
Hawkins Cullen $967,260 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 806282 Trust $1,750,000
Previous Owner Hawkins Cullen $5,160,000
Previous Owner Hawkins Cullen $773,808
Previous Owner Gilbert Thomas M $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $2,750,000 -6.8% $1,409 / Sq Ft
03/14/2024 03/14/24 For Sale $2,950,000 +205.0% $1,511 / Sq Ft
08/21/2015 08/21/15 Sold $967,260 -3.0% $496 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/12/2015 07/12/15 For Sale $997,000 -- $511 / 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 $5,219 $66,930 $0 $0
2022 $16,997 $66,930 $0 $0
2021 $16,727 $66,930 $0 $0
2020 $16,480 $66,930 $0 $0
2019 $14,608 $58,200 $0 $0
2017 $13,388 $58,200 $0 $0
2016 $12,901 $58,200 $0 $0
2015 $2,767 $26,610 $0 $0
2014 $2,162 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: CHS Regional MLS

MLS Number: 24006530

CHS Regional MLS

APN: 529-06-00-051