NOT LISTED FOR SALE

Estimated Value: $1,188,000 - $1,774,447

0.11 Acre
$13,344,200 Price per Acre
4,792 Sq Ft Lot

Last Sold January 08, 2021

Last sale price $624,000

Est. 135% increase in value since last sale

Current estimated payment $8,789/month

72 Days on Market

About This Lot

As of January 2021

Extremely rare opportunity to acquire one of the last remaining lots in Lowndes Pointe. Lot conveys with a deep water boat slip on the Ashley River. This lot is on the desirable south side of the street which allows for unobstructed long marsh and Ashley River views. Lot also takes advantage of the prevailing southwestern summer breezes which make for pleasant outdoor evenings. Incredible sunsets will be enjoyed from the back of the lot. Community has private dock. This street is a few minutes away from the restaurants on the upper end of the peninsula.

Last Agent to Sell the Property

Charlie Inglefield

The Exchange Company, LLC License #43447 Listed on: 08/11/2020

Last Buyer's Agent

Nonmember Licensee

NONMEMBER LICENSEE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,111

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x 123x 37x 132
  • Property fronts a marsh
  • Property fronts a private road
  • Level Lot
  • Finished Lot(s)

HOA Fees

  • $160 Monthly HOA Fees

Schools

  • James Simons Elementary School
  • Simmons Pinckney Middle School
  • Burke High School

Listing and Financial Details

  • Tax Lot 13

Community Details

Overview

  • Lowndes Pointe Subdivision

Building Details

  • Income includes ["none"]

Property Details

Property Type

Land

Est. Annual Taxes

$6,111

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.11
  • Lot Size: 40x 123x 37x 132
  • Road Frontage Type: Private Road
  • Subdivision Name: Lowndes Pointe
  • Directions: Heading North On Rutledge Turn Left On To Mt. Pleasant Street, Turn Right On Riverside, Turn Left On Sunnyside And Continue Onto Lowndes Point Drive. Lot Will Be On The Left At The End The Cul-de-sac.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Level
  • Waterfront Features: Marshfront
  • Waterfront: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Sewer At Site
  • Utilities: Electricity Connected, Water Connected

Condo/Co-op/Association

  • Community Features: Community Dock, Shared Dock
  • Association Fee: 1925
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: James Simons
  • High School: Burke
  • Middle Or Junior School: Simmons Pinckney

Lot Info

  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 4791.6
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 4641300161
  • Tax Annual Amount: 6111
  • Tax Lot: 13

Multi Family

  • Income Includes: ["None"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Jan 6, 2021
Sold by
Rihn Thomas A and Rihn Ann W
Bought by
Davis Reid P and Davis Emily C
Seller's Agent
Charlie Inglefield
The Exchange Company, LLC
Buyer's Agent
Nonmember Licensee
NONMEMBER LICENSEE
List Price
$624,000
Sold Price
$624,000
Total Days on Market
72
Current Estimated Value
$1,467,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$843,862
Avg. Annual Appreciation
20.49%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Zerbst Lynda M
Bought by
Rihn Thomas A and Rihn Ann W

Purchase Details

Closed on
Jan 26, 2015
Sold by
Allure Inc
Bought by
Zerbst Lynda M

Purchase Details

Closed on
Jun 20, 2003
Sold by
Lowndes Point Partners Llc
Bought by
Allure Inc
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
Davis Reid P $624,000 None Available
Rihn Thomas A $375,000 --
Zerbst Lynda M $317,500 --
Allure Inc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Reid P $300,000
Open Davis Reid P $1,622,000
Closed Davis Reid P $1,622,000
Previous Owner Allure Inc $1,145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $624,000 0.0% --
12/09/2020 12/09/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $624,000 -- --
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 $7,102 $56,340 $0 $0
2023 $7,102 $56,340 $0 $0
2022 $9,887 $37,440 $0 $0
2021 $6,749 $25,880 $0 $0
2020 $6,699 $25,880 $0 $0
2019 $6,111 $22,500 $0 $0
2017 $5,834 $22,500 $0 $0
2016 $5,641 $22,500 $0 $0
2015 $4,519 $18,900 $0 $0
2014 $4,491 $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: 20022244

CHS Regional MLS

APN: 464-13-00-161