NOT LISTED FOR SALE

Estimated Value: $476,000 - $523,000

3 Beds
2 Baths
1,500 Sq Ft
1982 Built

Last Sold March 13, 2015

Last sale price $160,000 $107 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $2,888/month

About This Home

As of March 2015

This home is located at 8 Compass Point Unit 8B, Hilton Head Island, SC 29928 since 02 July 2014 and is currently estimated at $496,868, approximately $331 per square foot. This property was built in 1982. 8 Compass Point Unit 8B is a home located in Beaufort County with nearby schools including Hilton Head Island Early Childhood Center, Hilton Head Island Elementary School, and Hilton Head Island Middle School.

Last Agent to Sell the Property

Renee Raffaele

Realty One Group Lowcountry License #43589 Listed on: 07/02/2014

Realty One Group Lowcountry

Last Buyer's Agent

MLS NON

NOT IN MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,569

Year Built

  • Built in 1982

Parking

  • 1 Car Attached Garage

Home Design

  • 1,500 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number no

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,569

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1982
  • Property Sub-Type: Condominium
  • Co List Office Mls Id: 257
  • Co List Office Phone: 843-342-7280
  • Ownership: No
  • MLS Status: Closed
  • Keywords Family Room: No
  • Keywords Formal Dining Room: No
  • Keywords Fireplace: No
  • Keywords GarageCarport: 1 Bay Attached
  • Keywords Waterfront: None
  • Keywords Dock: Not Applicable
  • General Property Description Bank Owned: No
  • General Property Description Short Sale: Yes
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Residential
  • Parcel Number: no

Tax Info

  • Tax Map Number: 02246787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Farrenkopf John R and John R Farrenkopf Revocable Li
Bought by
Sanderson Reginald S and Sanderson Aimee L
Current Estimated Value
$496,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Sep 25, 2015
Sold by
Farrenkopf John R
Bought by
Farrenkopf John R and John R Farrenkopf Revocable Living Trust

Purchase Details

Listed on
Jul 2, 2014
Closed on
Mar 6, 2015
Sold by
Ross Marlys M
Bought by
Farrenkopf John R
Seller's Agent
Renee Raffaele
Realty One Group Lowcountry
Buyer's Agent
MLS NON
NOT IN MLS
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Oct 5, 2004
Sold by
Koch Valerie S and Ashburn Valerie K
Bought by
Ross James R and Ross Marlys M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2002
Sold by
Soyka Teresa M
Bought by
Koch Valerie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Sanderson Reginald S $260,000 None Available
Farrenkopf John R -- None Available
Farrenkopf John R $160,000 --
Ross James R $225,000 --
Koch Valerie S $169,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanderson Reginald S $340,000
Closed Sanderson Reginald S $260,000
Previous Owner Ross James R $231,750
Previous Owner Ross James R $37,200
Previous Owner Ross James R $250,000
Previous Owner Ross James R $180,000
Previous Owner Koch Valerie S $169,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $160,000 -3.0% $107 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $165,000 -- $110 / 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 $1,569 $11,960 $0 $0
2023 $1,569 $11,960 $0 $0
2022 $1,437 $10,400 $0 $0
2021 $1,486 $10,400 $0 $0
2020 $1,088 $9,100 $0 $9,100
2019 $2,692 $11,040 $0 $0
2018 $2,558 $11,040 $0 $0
2017 $2,328 $9,600 $0 $0
2016 $2,207 $12,210 $0 $0
2015 $2,386 $12,210 $0 $0
2014 $2,386 $12,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 139839

Lowcountry Regional MLS

APN: R550-014-000-0891-008B