NOT LISTED FOR SALE

Estimated Value: $8,382,000 - $9,883,540

0.41 Acre
$22,275,049 Price per Acre
17,860 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $1,225,000

Est. 646% increase in value since last sale

Current estimated payment $51,020/month

19 Days on Market

Highlights

  • Waterfront
  • 0.41 Acre Lot
  • Trails
  • Daniel Island School Rated A-
  • Clubhouse
  • Tidal Wetland on Lot

About This Lot

As of September 2020

541 Old Compass Road offers unparalleled views of the Wando River framed by magnificent live oak trees and the option for a private deepwater dock. This highly desirable Captain's Island homesite offers a nearly half acre of buildable area with flexible home siting options.Residents here will enjoy exclusive amenities on Captain's Island that include parks and trails, the Bell House screen porch and kayak dock on Ralston Creek, all solely for Captain's Island owners. This particular homesite is also just down the street from the River Porch, a new amenity on the Wando River where residents will be able to gather, relax and immerse themselves in the Lowcountry lifestyle.

541 Old Compass Road includes a Daniel Island Club Social membership with the option to upgrade to a Sports or Golf membership. This homesite has a build requirement and may be subject to additional cap fees and other specific assessments, in addition to the standard annual HOA dues.

Last Agent to Sell the Property

Brian Connolly

Daniel Island Real Estate Co Inc License #6714 Listed on: 05/08/2020

Co-Listed By

Carey Tipple

SERHANT License #53366

Last Buyer's Agent

Chase Payne

CBC Real Estate Services, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,217

Lot Details

  • 0.41 Acre Lot
  • Waterfront
  • Tidal Wetland on Lot

Schools

  • Daniel Island Elementary And Middle School
  • Philip Simmons High School

Community Details

Overview

  • Property has a Home Owners Association
  • Club Membership Available
  • Daniel Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Membership Available
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$31,217

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.41
  • Co List Office Mls Id: 7332
  • Co List Office Phone: 843-971-7100
  • Subdivision Name: Daniel Island
  • Directions: Exit Daniel Island. Turn Left Onto Island Park Drive. At 2nd Round About, Take First Right. Turn Right Onto Rhoden Island Drive To Captain's Island.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Tidal Creek, Waterfront - Deep
  • Waterfront: Yes

Garage/Parking

  • Open Parking: No

Condo/Co-op/Association

  • Community Features: Clubhouse, Club Membership Avai, Community Dock, Golf Membership Available, Walk/Jog Trails
  • Association: Yes

Schools

  • Elementary School: Daniel Island
  • High School: Philip Simmons
  • Middle Or Junior School: Daniel Island

Lot Info

  • Lot Size Sq Ft: 17859.6

Tax Info

  • Tax Map Number: 2750000092

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Geechee Revocable Trust
Bought by
Allen Management Trust and Allen
Current Estimated Value
$9,132,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,431,475
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$5,701,295

Purchase Details

Closed on
Jan 13, 2021
Sold by
Siete Farms V Llc
Bought by
Geechee Revocable Trust and Payne
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
Allen Management Trust $10,475,000 None Listed On Document
Geechee Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Management Trust $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $1,225,000 0.0% --
08/05/2020 08/05/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $1,225,000 -- --
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
2025 $31,217 $10,465,300 $5,368,000 $5,097,300
2024 $31,217 $418,612 $214,720 $203,892
2023 $31,217 $194,028 $55,347 $138,681
2022 $25,774 $78,120 $72,858 $5,262
2021 $24,355 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 20012461

CHS Regional MLS

APN: 276-02-02-063