NOT LISTED FOR SALE

Estimated Value: $3,018,000 - $4,729,347

0.51 Acre
$7,630,563 Price per Acre
22,216 Sq Ft Lot

Last Sold February 25, 2016

Last sale price $775,000 $370 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $21,646/month

142 Days on Market

About This Lot

As of February 2016

Old Village lot, .51 acre! It's ready for your custom built home you've always dreamed of in the heart of the Old Village! The lot has been cleared and ready for construction. Walking distance to Mt. Pleasant Academy Elementary School and Moultrie Middle School. Easy access to community tennis courts, Charleston harbor, Mt. Pleasant corridor, Shem Creek, and the shops/dining on Pitt Street. This is a rare opportunity!

Last Agent to Sell the Property

Nancy Hoy

Carolina One Real Estate License #49226 Listed on: 09/03/2015

Carolina One Real Estate

Last Buyer's Agent

Lee Keadle

Carolina One Real Estate License #43159

Carolina One Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,450

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 100 x 210

Schools

  • Mt. Pleasant Academy Elementary School
  • Moultrie Middle School
  • Wando High School

Community Details

  • Old Village Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$7,450

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.51
  • Lot Size: 100 x 210
  • Subdivision Name: Old Village
  • Directions: From Ravenel Bridge Take Coleman Blvd. Cross Shem Creek And Merge Right Onto Whilden. Continue On Whilden. It Will Turn Into Royall. Lot Is On The Left Between Mccants And Center.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: .5 - 1 Acre

Garage/Parking

  • Open Parking: No

Schools

  • Elementary School: Mt. Pleasant Academy
  • High School: Wando
  • Middle Or Junior School: Moultrie

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5320900135
  • Tax Annual Amount: 7450.4

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
David A Verbance Jr Revocable Trust
Bought by
Sharon Lynn Verbance Revocable Trust and Verbance
Current Estimated Value
$3,891,587

Purchase Details

Closed on
Dec 1, 2020
Sold by
Verbance David A and Verbance Sharon L
Bought by
Verbance Sharon Lynn and Sharon Lynn Verbance Amended & Restated

Purchase Details

Listed on
Sep 3, 2015
Closed on
Feb 24, 2016
Sold by
Porter Donald R
Bought by
Verbance David A and Verbance Sharon L
Seller's Agent
Nancy Hoy
Carolina One Real Estate
Buyer's Agent
Lee Keadle
Carolina One Real Estate
List Price
$827,500
Sold Price
$775,000
Premium/Discount to List
-$52,500
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%
Original Mortgage
$620,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 10, 2015
Closed on
Feb 10, 2015
Sold by
Carolina Cottage Homes Llc
Bought by
Porter Donald R
Seller's Agent
Jason Ray
Carolina One Real Estate
Buyer's Agent
Nancy Hoy
Carolina One Real Estate
List Price
$730,000
Sold Price
$715,000
Premium/Discount to List
-$15,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$315,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 10, 2014
Sold by
Sbv Old Village One Llc
Bought by
Carolina Cottage Homes Llc

Purchase Details

Closed on
Dec 17, 2013
Sold by
Taylor Hugh Giles
Bought by
Sbv Old Village One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4.25%
Mortgage Type
Future Advance Clause Open End 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
Sharon Lynn Verbance Revocable Trust -- None Listed On Document
Verbance Sharon Lynn -- None Available
Verbance David A -- --
Verbance David A $775,000 --
Porter Donald R $715,000 --
Carolina Cottage Homes Llc $475,000 --
Sbv Old Village One Llc $875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharon Lynn Verbance Amended A $2,000,000
Previous Owner Verbance Sharon Lynn $850,000
Previous Owner Verbance David A $975,000
Previous Owner Verbance David A $1,000,000
Previous Owner Verbance David A $620,000
Previous Owner Porter Donald R $315,000
Previous Owner Sbv Old Village One Llc $656,250
Previous Owner Taylor Hugh Giles $135,000
Previous Owner Taylor Hugh Giles $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $775,000 -6.3% $370 / Sq Ft
01/24/2016 01/24/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $827,500 +15.7% $395 / Sq Ft
02/13/2015 02/13/15 Sold $715,000 -2.1% $341 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $730,000 -- $348 / Sq Ft
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 $7,274 $78,540 $0 $0
2023 $7,274 $66,540 $0 $0
2022 $5,808 $66,540 $0 $0
2021 $6,422 $66,540 $0 $0
2020 $6,623 $66,540 $0 $0
2019 $20,615 $58,320 $0 $0
2017 $10,507 $46,500 $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: 15023285

CHS Regional MLS

APN: 532-09-00-135