NOT LISTED FOR SALE

Estimated Value: $809,000 - $934,000

0.08 Acre
$11,029,588 Price per Acre
3,485 Sq Ft Lot

Last Sold May 16, 2023

Last sale price $109,000

Est. 710% increase in value since last sale

Current estimated payment $5,808/month

181 Days on Market

Highlights

  • Marina
  • Boat or Launch Ramp
  • Fitness Center
  • Boat Dock
  • On Golf Course
  • Home fronts a pond

About This Lot

As of May 2023

LOCATION, LOCATION!! Short walk to Fripp's Best Beach from Popular Bonito Bungalow homesite with views of water and 17th golf hole of Davis Love III's Ocean Creek Golf Course. This is one of Fripp's most desirable locations. Near Marina, Boathouse Restaurant and Fripp Club Amenities. Access to Club's amenities requires membership.

Last Agent to Sell the Property

Charles Patty

Fripp Island Real Estate Co License #38321 Listed on: 01/10/2023

Last Buyer's Agent

Charles Patty

Fripp Island Real Estate Co License #38321 Listed on: 01/10/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,886

Lot Details

  • 3,485 Sq Ft Lot
  • Home fronts a pond
  • On Golf Course
  • Partially Wooded Lot

HOA Fees

  • $106 Monthly HOA Fees

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R400-040-00b-0157-0000

Community Details

Recreation

  • Boat Dock
  • RV or Boat Storage in Community
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Boat or Launch Ramp
  • Lake, Pond or Stream: Yes

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$12,886

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: Res Resort Lot
  • CommunityFeatures: Tennis Court(s), Walking Trail, Clubhouse, Marina, Dock, Membership may be required, Security Gate, Golf, Fitness Center, Boat Landing, Boat Storage, Pool, Playground
  • Lot Size Acres: 0.08
  • Road Surface Type: Asphalt
  • Ownership: No
  • MLS Status: Closed
  • Keywords Waterfront: Pond/Lake
  • Keywords Dock: Community Dock
  • General Property Description Bank Owned: No
  • General Property Description Short Sale: No
  • Financial HOA Fee Amount: 1275.0
  • Financial HOA Fee Frequency: Annually
  • Community Gated Community: Yes
  • Community Waterfront Community2: Yes
  • Community Amenities Boat Landing: Yes
  • Community Amenities Security Gate: Yes
  • Community Amenities Walking Trail: Yes
  • Community Golf Community: Yes
  • Community Amenities Fitness Center: Yes
  • Community Amenities Golf: Yes
  • General Property Description:Lot Dimensions: TBD
  • Community Amenities Boat Storage: Yes
  • Topography Partially Wooded: Yes
  • Utilities Available:Cable: Yes
  • Utilities Available Electricity Available: Yes
  • Utilities Available Public Water2: Yes
  • Utilities Available Sewer: Yes
  • Community Amenities Marina: Yes
  • Lot Location PondLake: Yes
  • Lot Location Golf Course: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Pond/Lake
  • Waterfront: Yes

Utilities

  • Utilities: Sewer, Electricity Available, Cable
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Association/Amenities

  • Community Amenities:Dock2: Yes
  • Community Amenities:Clubhouse: Yes
  • Community Amenities:Pool2: Yes
  • Community Amenities:Tennis Court(s)2: Yes
  • Community Amenities:Playground: Yes

Lot Info

  • Zoning: PUD
  • Lot Dimensions: TBD
  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R400-040-00b-0157-0000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Medialink Llc
Bought by
624 New Haven Llc
Current Estimated Value
$882,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$353,488
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$528,879

Purchase Details

Listed on
Jan 10, 2023
Closed on
Apr 20, 2023
Sold by
Matarazzo Stanley M
Bought by
Medialink Llc
Seller's Agent
Charles Patty
Fripp Island Real Estate Co
Buyer's Agent
Charles Patty
Fripp Island Real Estate Co
List Price
$150,000
Sold Price
$109,000
Premium/Discount to List
-$41,000
-27.33%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.80%
Original Mortgage
$415,650
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2007
Sold by
Frenkel Jillian M
Bought by
Matarazzo Stanley M

Purchase Details

Closed on
Jan 18, 2005
Sold by
Fripp Island Co Llc
Bought by
Frenkel Jillian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Dwiggins Dean Clinard and Tabak Dwiggins Nancy
Bought by
Fripp Island Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Fripp Island Company Llc
Bought by
Dwiggins Dean Clinard and Tabak Dwiggins Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

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Average Value
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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
624 New Haven Llc $839,000 None Listed On Document
Medialink Llc $109,000 None Listed On Document
Matarazzo Stanley M $225,000 None Available
Frenkel Jillian M $125,000 --
Fripp Island Co Llc -- --
Dwiggins Dean Clinard $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 624 New Haven Llc $360,000
Previous Owner Medialink Llc $415,650
Previous Owner Frenkel Jillian M $125,000
Previous Owner Dwiggins Dean Clinard $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $109,000 -27.3% --
01/30/2023 01/30/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $150,000 0.0% --
12/24/2022 12/24/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $150,000 -- --
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 $12,886 $50,340 $0 $0
2023 $12,886 $4,490 $0 $0
2022 $1,047 $3,900 $0 $0
2021 $1,027 $3,900 $0 $0
2020 $981 $3,900 $0 $0
2019 $992 $3,900 $0 $0
2018 $919 $3,900 $0 $0
2017 $1,214 $5,100 $0 $0
2016 $1,178 $5,100 $0 $0
2014 $2,459 $5,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 177176

Lowcountry Regional MLS

APN: R400-040-00B-0157-0000