NOT LISTED FOR SALE

Estimated Value: $747,000 - $910,000

0.19 Acre
$4,459,437 Price per Acre
8,276 Sq Ft Lot

Last Sold June 28, 2012

Last sale price $75,000

Est. 1,030% increase in value since last sale

Current estimated payment $5,134/month

210 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Playground
  • Gated Community
  • Community Pool

About This Lot

As of June 2012

AMAZING PRICE FOR NICE LOT IN BEAUTIFUL GATED SUBDIVISION IN ISLE OF HOPE AREA. BANK OWNED WITH ATTRACTIVE CONSTRUCTION LOAN FINANCING FOR QUALIFIED BUYER!

Last Agent to Sell the Property

Stewart Marshall

Daniel Ravenel SIR License #181579 Listed on: 11/07/2011

Daniel Ravenel SIR

Last Buyer's Agent

Stewart Marshall

Daniel Ravenel SIR License #181579 Listed on: 11/07/2011

Daniel Ravenel SIR

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,906

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75 x112 x 70 x 115

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1-0364-06-016

Community Details

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,906

Lot Details

0

Listing Details

  • Legal Description: LOT 56 HERB RIVER BEND SUB PH 2
  • Present Use: Vacant
  • Property Sub Type: Land
  • Property Type: Lnd
  • Recreation Facilities: Clubhouse, Fitness Facilities, Playground, Pool-Community
  • Zoning Description: Single Family
  • Special Features: 20

Utilities

  • Cable: Cable Access
  • Sewer: Public Sewer
  • Trash Collection: Yes
  • Utilities At Property: Electricity, Telephone
  • Water: Public Water

Condo/Co-op/Association

  • Association Fee: 250
  • Community: Gated, Street Lights

Lot Info

  • List Price Per Acre: 462631.58
  • Lot Dimension: 75 X112 X 70 X 115
  • Lot Size Area: 0.1900
  • Lot Size Sq Ft: 8276
  • Num Acres: 0.1900
  • Parcel Number: 1-0364-06-016
  • Property Description: Buildable Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2013
Sold by
Salandi John R
Bought by
Salandi John R and Salandi Curry A
Current Estimated Value
$847,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$296,733
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$550,560

Purchase Details

Listed on
Nov 7, 2011
Closed on
Jun 28, 2012
Sold by
Coastal Bank
Bought by
Greg Hall Construction Llc
Seller's Agent
Stewart Marshall
Daniel Ravenel SIR
Buyer's Agent
Stewart Marshall
Daniel Ravenel SIR
List Price
$87,900
Sold Price
$75,000
Premium/Discount to List
-$12,900
-14.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%
Original Mortgage
$360,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Ed Johns Construction Co L
Bought by
The Coastal Bank

Purchase Details

Closed on
Jul 1, 2009
Sold by
Ecj Properties Llc
Bought by
Ed Johns Construction Co Llc

Purchase Details

Closed on
Aug 7, 2008
Bought by
The Coastal Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salandi John R -- --
Salandi John R $457,500 --
Greg Hall Construction Llc $75,000 --
The Coastal Bank -- --
Ed Johns Construction Co Llc -- --
The Coastal Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salandi John R $417,000
Closed Salandi John R $417,000
Previous Owner Greg Hall Construction Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2012 06/28/12 Sold $75,000 -14.7% --
06/04/2012 06/04/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $87,900 -- --
Source: Savannah Multi-List Corporation

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
2025 $7,906 $340,440 $60,000 $280,440
2024 $7,906 $337,720 $60,000 $277,720
2023 $6,989 $301,960 $48,000 $253,960
2022 $7,342 $309,400 $48,000 $261,400
2021 $7,381 $270,360 $48,000 $222,360
2020 $7,379 $219,800 $48,000 $171,800
2019 $7,464 $219,800 $48,000 $171,800
2016 $6,554 $214,000 $27,640 $186,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 92233

Savannah Multi-List Corporation

APN: 1036406016