NOT LISTED FOR SALE

540 Remora Dr Fripp Island, SC 29920

Fripp Island Neighborhood

Estimated Value: $1,109,000 - $1,186,984

0.35 Acre
$3,260,703 Price per Acre
15,246 Sq Ft Lot

Last Sold August 01, 2013

Last sale price $87,500

Est. 1,204% increase in value since last sale

Current estimated payment $6,568/month

550 Days on Market

Highlights

  • On Golf Course
  • Heavily Wooded Lot
  • Elevated Lot
  • Home fronts a pond
  • Lake, Pond or Stream: Yes

About This Lot

As of August 2013

REMARKABLE PRICE FOR A GREAT HOME SITE ON FRIPP ISLAND . BEST BUY ON THE ISLAND . BANK OWNED AND READY TO SELL . LOCATED ON THE 12 TH GREEN OF OCEAN POINT GOLF COURSE.

Last Agent to Sell the Property

Gail Shinall

The HomesFinder Realty Group License #38743 Listed on: 01/09/2012

Last Buyer's Agent

Matthew McAlhaney

Cora Bett Thomas Realty of Bft License #19016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,777

Lot Details

  • Lot Dimensions are 88x155x95x105
  • Home fronts a pond
  • Property fronts a private road
  • On Golf Course
  • Elevated Lot
  • Heavily Wooded Lot

Location

  • Flood Insurance May Be Required

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Golf Course Community
  • Lake, Pond or Stream: Yes

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number R400 040 000 0686 0000

Property Details

Property Type

Land

Est. Annual Taxes

$4,777

Lot Details

0

Listing Details

  • Directions: TARPON LEFT ON REMORA DRIVE ON LEFT SIDE
  • Prop. Type: Land
  • Property Sub-Type: Resident S/D Lot
  • CommunityFeatures: Golf
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Ownership: No
  • MLS Status: Closed
  • Keywords Waterfront: Pond/Lake
  • Keywords Dock: Not Applicable
  • General Property Description Bank Owned: Yes
  • General Property Description Short Sale: No
  • Community Waterfront Community2: Yes
  • Community Golf Community: Yes
  • General Property Description:Lot Dimensions: 88X155X95X105
  • Road Frontage Private Road: Yes
  • Utilities Available Septic: Yes
  • Flood Insurance Required2: Yes
  • Topography HighDry: Yes
  • Utilities Available:Cable: Yes
  • Utilities Available Electricity Available: Yes
  • Utilities Available Sewer: Yes
  • Lot Location PondLake: Yes
  • Topography Heavily Wooded: Yes
  • Lot Location Golf Course: Yes
  • Special Features: 1028
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Pond/Lake
  • Waterfront: Yes

Utilities

  • Utilities: Sewer, Septic, Electricity Available, Cable

Lot Info

  • Zoning: PUD
  • Lot Dimensions: 88X155X95X105
  • Parcel Number: R400 040 000 0686 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jul 30, 2013
Sold by
Scbt
Bought by
Haffajee Charles I
Seller's Agent
Gail Shinall
The HomesFinder Realty Group
Buyer's Agent
Matthew McAlhaney
Cora Bett Thomas Realty of Bft
List Price
$124,500
Sold Price
$87,500
Premium/Discount to List
-$37,000
-29.72%
Current Estimated Value
$1,141,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,053,746
Avg. Annual Appreciation
24.41%

Purchase Details

Closed on
Aug 10, 2010
Sold by
Resorts Unlimited Llc and Hiltabiddle Jason
Bought by
Bank Meridian Na

Purchase Details

Closed on
Nov 21, 2005
Sold by
Watkins Mary K
Bought by
Resorts Unlimited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,060
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Haffajee Charles I $87,500 --
Bank Meridian Na $190,000 --
Resorts Unlimited Llc $238,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haffajee Charles I $226,500
Closed Haffajee Charles I $366,000
Previous Owner Resorts Unlimited Llc $249,500
Previous Owner Resorts Unlimited Llc $595,764
Previous Owner Resorts Unlimited Llc $235,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $87,500 -29.7% --
07/12/2013 07/12/13 Pending -- -- --
01/09/2012 01/09/12 For Sale $124,500 -- --
Source: Lowcountry 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 $4,777 $50,288 $5,600 $44,688
2023 $4,777 $50,288 $5,600 $44,688
2022 $4,289 $28,956 $3,000 $25,956
2021 $4,262 $28,956 $3,000 $25,956
2020 $4,144 $28,956 $3,000 $25,956
2019 $4,219 $28,956 $3,000 $25,956
2018 $4,355 $31,740 $0 $0
2017 $10,321 $41,500 $0 $0
2016 $9,933 $5,400 $0 $0
2014 $1,817 $5,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gail Shinall

    The HomesFinder Realty Group

    (843) 597-2234

    67 in this area

    74 Total Sales

    Gail Shinall
    Section Image

  • M

    Buyer's Agent in 2013

    Matthew McAlhaney

    Cora Bett Thomas Realty of Bft

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Map

Source: Lowcountry Regional MLS

MLS Number: 130152

Lowcountry Regional MLS

APN: R400-040-000-0686-0000

South Carolina Beaufort County Fripp Island 29920 Fripp Island

540 Remora Dr, Fripp Island, SC

This home is located at 540 Remora Dr, Fripp Island, SC 29920 since 09 January 2012 and is currently estimated at $1,141,246. 540 Remora Dr is a home located in Beaufort County with nearby schools including St. Helena Elementary School, Lady's Island Middle School, and Beaufort High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lowcountry Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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