NOT LISTED FOR SALE

Estimated Value: $451,000 - $533,000

2 Beds
2 Baths
1,050 Sq Ft
$515/mo HOA Fee

Last Sold May 08, 2023

Last sale price $415,000 $395 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,657/month

7 Days on Market

Highlights

  • Lagoon View
  • Built-In Coffee Maker
  • Community Pool
  • Hilton Head Island High School Rated A-
  • Furnished
  • Tennis Courts

About This Home

As of May 2023

Penthouse Xanadu Villa! Fabulous opportunity and lowest priced 2/2 in all of Forest Beach! This is a beautifully remodeled 2 bedroom 2 full bath villa with all new kitchen, flooring, bathrooms, smooth ceilings and painted throughout. Located just across the street from the beach and a very short stroll to the tikki bar, Coligny and all sorts of shops and restaurants. Xanadu Villas has wonderful lagoons with a park like setting, a nice community pool and their very own tennis courts! This is an excellent vacation rental or second home for you to enjoy Hilton Head Island.

Last Agent to Sell the Property

Luxury Homes of Hilton Head

Luxury Homes of Hilton Head Listed on: 02/20/2023

Last Buyer's Agent

Beth DeAngelis

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,738

Year Built

  • Built in 1975

Lot Details

  • Northeast Facing Home

HOA Fees

  • $515 Monthly HOA Fees

Property Views

  • Lagoon
  • Park or Greenbelt

Home Design

  • Masonry

Interior Spaces

  • 1,050 Sq Ft Home
  • Furnished
  • Smooth Ceilings
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In Coffee Maker

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Driveway
  • Unassigned Parking

Outdoor Features

  • Free Form Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot A19
  • Assessor Parcel Number R553-018-000-0229-0A19

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, pest control, reserve fund, sewer, trash, water
  • Xanadu Villas Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,738

Year Built

Built in 1975

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Individual
  • Special Listing Conditions: None
  • Subdivision Name: XANADU VILLAS
  • Architectural Style: Flat
  • Year Built: 1975
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Built-in Coffee Maker, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl, Luxury VinylPlank
  • Interior Amenities: Ceiling Fan(s), Multiple Closets, See Remarks, Smooth Ceilings, Cable TV, Eat-in Kitchen
  • Living Area: 1050.0
  • Dining Room Type: Dining Room, Kitchen, Living Room
  • Window Features: Other

Exterior Features

  • Pool Features: Free Form, Other, Community
  • View: Park/Greenbelt, Lagoon
  • View: Yes
  • Exclusions: Owner Closet Items
  • Construction Type: Masonry, Steel
  • Direction Faces: Northeast
  • Exterior Features: Balcony, Paved Driveway
  • Patio And Porch Features: Balcony
  • Roof: Other

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 515.0
  • Pets Allowed: Owner Only

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: R553-018-000-0229-0A19
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Lot: A19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
May 2, 2023
Sold by
Rau Richard
Bought by
Kelm Brian and Kelm Kathryn Ann
Seller's Agent
Luxury Homes of Hilton Head
Luxury Homes of Hilton Head
Buyer's Agent
Beth DeAngelis
Keller Williams Realty
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%
Current Estimated Value
$478,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,317
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Apr 12, 2010
Sold by
Schultz Catherine A
Bought by
Rau Richard and Rau Shelley

Purchase Details

Closed on
Dec 7, 2004
Sold by
Bombard Jeffrey T
Bought by
Schultz Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2003
Sold by
Rozof Mark W and Rozof Patricia A
Bought by
Schultz Catherine A and Bombard Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,700
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Kelm Brian $415,000 None Listed On Document
Rau Richard $125,000 --
Schultz Catherine A -- --
Schultz Catherine A $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Catherine A $225,000
Previous Owner Schultz Catherine A $45,000
Previous Owner Schultz Catherine A $170,000
Previous Owner Schultz Catherine A $25,000
Previous Owner Schultz Catherine A $136,000
Previous Owner Schultz Catherine A $138,700
Closed Schultz Catherine A $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $415,000 -2.3% $395 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $424,900 -- $405 / Sq Ft
Source: REsides

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 $5,738 $23,310 $0 $0
2023 $5,738 $11,410 $0 $0
2022 $2,623 $9,920 $0 $0
2021 $2,630 $9,920 $0 $0
2020 $2,548 $9,920 $0 $0
2019 $2,425 $9,920 $0 $0
2018 $2,304 $9,920 $0 $0
2017 $2,099 $8,630 $0 $0
2016 $1,987 $8,630 $0 $0
2014 $539 $8,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REsides

MLS Number: 432619

REsides

APN: R553-018-000-0229-0A19