NOT LISTED FOR SALE

Estimated Value: $1,327,000 - $1,619,000

0.56 Acre
$2,655,473 Price per Acre
24,394 Sq Ft Lot

Last Sold March 19, 2014

Last sale price $30,000 $8 Per Sq Ft

Est. 4,857% increase in value since last sale

Current estimated payment $9,590/month

368 Days on Market

Highlights

  • Golf Course Community
  • Home fronts a lagoon or estuary
  • Lake, Pond or Stream
  • Okatie Elementary School Rated A-
  • Property near a lagoon
  • Partially Wooded Lot

About This Lot

As of March 2014

For over a century the Lowcountry of South Carolina has attracted some of the most discerning and cultivated people in the world. As early as the turn of the century, the area's exquisite natural beauty and superb climate attracted the captains of industry, who built magnificent homes alongside the rivers and their endless marshes. ''Remarks provided by Oldfield Website Lowcountry Living''

Last Agent to Sell the Property

Rob Marek

Pulte Home Company LLC License #56317 Listed on: 02/06/2014

Pulte Home Company LLC

Last Buyer's Agent

Rob Marek

Pulte Home Company LLC License #56317 Listed on: 02/06/2014

Pulte Home Company LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,677

Lot Details

  • Lot Dimensions are 184.62x111.79x92x219.17
  • Home fronts a lagoon or estuary
  • Property fronts a private road
  • Elevated Lot
  • Partially Wooded Lot
  • The community has rules related to exclusive easements

Community Details

  • Golf Course Community
  • Property near a lagoon
  • Lake, Pond or Stream

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number R603-008-000-0352

Property Details

Property Type

Land

Est. Annual Taxes

$15,677

Lot Details

0

Listing Details

  • Directions: Hwy 170 turn onto Oldfield Way. Turn left onto Pierpoint Lane Lot is on the left.
  • Prop. Type: Land
  • Property Sub-Type: Resident S/D Lot
  • CommunityFeatures: Golf
  • Road Frontage Type: Private Road
  • Road Surface Type: Concrete
  • Ownership: No
  • MLS Status: Closed
  • Keywords Waterfront: Lagoon/Canal
  • 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: 184.62x111.79x92x219.17
  • Road Frontage Private Road: Yes
  • RestrictionsEsmnts EasementRight of Way: Yes
  • Topography HighDry: Yes
  • Topography Partially Wooded: Yes
  • Lot Location LagoonCanal: Yes
  • Surface Water Lake(s): Yes
  • Special Features: 1028
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Lagoon/Canal
  • Waterfront: Yes

Lot Info

  • Zoning: PUD
  • Lot Dimensions: 184.62x111.79x92x219.17
  • Parcel Number: R603-008-000-0352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Gustafson Marc F and Gustafson Margaret Ann
Bought by
Ziegler Donald R and Ziegler Janice L
Total Days on Market
368
Current Estimated Value
$1,487,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$646,588
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$810,702

Purchase Details

Closed on
Apr 4, 2018
Sold by
South Georgia Custom Homes Llc
Bought by
Gustafson Marc F and Gustafson Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2015
Sold by
Sarden Llc
Bought by
South Georgia Custom Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2014
Closed on
Mar 18, 2014
Sold by
First Citizens Bank & Trust Company Inc
Bought by
Sarden Llc
Seller's Agent
Rob Marek
Pulte Home Company LLC
Buyer's Agent
Rob Marek
Pulte Home Company LLC
List Price
$59,000
Sold Price
$30,000
Premium/Discount to List
-$29,000
-49.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.09%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Frellick Robert S and Frellick Charlene T
Bought by
First Citizens Bank & Trust Company Inc
Source: Public Records

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Range of Values:

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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
Ziegler Donald R $1,150,000 None Available
Gustafson Marc F $739,600 None Available
South Georgia Custom Homes Llc $64,000 --
Sarden Llc $30,000 --
First Citizens Bank & Trust Company Inc $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziegler Donald R $700,000
Previous Owner Gustafson Marc F $500,000
Previous Owner Gustafson Marc F $500,000
Previous Owner South Georgia Custom Homes Llc $289,000
Previous Owner South Georgia Custom Homes Llc $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2014 03/19/14 Sold $30,000 -49.2% $8 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
02/23/2013 02/23/13 For Sale $59,000 -- $15 / Sq Ft
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 $15,677 $44,400 $7,600 $36,800
2023 $15,677 $54,764 $7,600 $47,164
2022 $17,648 $46,000 $2,600 $43,400
2021 $3,889 $29,600 $2,600 $27,000
2020 $10,800 $29,600 $2,600 $27,000
2019 $3,767 $29,600 $2,600 $27,000
2018 $898 $3,900 $0 $0
2017 -- $3,900 $0 $0
2016 $920 $3,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 134417

Lowcountry Regional MLS

APN: R600-008-000-0352-0000