NOT LISTED FOR SALE

8 Old Ferry Cove Beaufort, SC 29907

Estimated Value: $673,000 - $888,000

1.04 Acres
$750,481 Price per Acre
45,302 Sq Ft Lot

Last Sold March 01, 2023

Last sale price $817,000

Est. 4% decrease in value since last sale

Current estimated payment $4,895/month

100 Days on Market

Highlights

  • Waterfront
  • Deep Water Access
  • Elevated Lot
  • Coosa Elementary School Rated A
  • Interior Lot
  • Marsh on Lot

About This Lot

As of March 2023

An extraordinary opportunity to own the only deep water home site on the coveted Factory Creek! Purchase includes 6 & 8 Old Ferry Cove (Lot 1 and Lot 2) which combine to make up 1.04 acres of high bluff with nearly 100 feet of water frontage, mature live oaks and outstanding, panoramic views of Factory Creek, Intracoastal Waterway AND Woods Memorial Bridge in downtown Beaufort. This pristine lot faces south allowing it to capture cooling afternoon breezes throughout the summer and get warming sun exposure in the winter for both passive and active solar energy opportunities. The elevation approaches 20 feet above mean high tide so that flood insurance is not required and in ground pool is a definite option. This is a boaters dream with quick access to the sand bars for family outings or boat downtown for dinner in just a few minutes. Fishing opportunities abound from this site with access to both Port Royal and St. Helena Sounds via the ICW. Recent new deep water home projects on Factory Creek have required purchase of existing homes and demolition. Lot is cleared so no need to pay $50,000 or more to remove existing structures. The access to both Old Ferry Cove and Oyster Catcher Road allow for flexibility in design enabling a meandering driveway to access a main house and even a guest house (see attached conceptual design). Don't miss this one of a kind opportunity to create your own private oasis on Lady's Island!

Last Agent to Sell the Property

Laura McAlhaney

BHHS Bay Street Realty License #94598 Listed on: 10/26/2022

BHHS Bay Street Realty

Last Buyer's Agent

Allison Greco

Greco Group Brokered by eXp License #93493

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,080

Lot Details

  • 1.04 Acre Lot
  • Property fronts a county road
  • Elevated Lot
  • Interior Lot
  • Cleared Lot
  • Marsh on Lot

Community Details

  • Waterfront
  • Deep Water Access

Listing and Financial Details

  • Assessor Parcel Number R200 010 000 036a 0000

Property Details

Property Type

Land

Est. Annual Taxes

$9,080

Lot Details

0

Listing Details

  • Directions: SC-802 E/Sams Point Rd, traffic circle take 3rd exit onto Brickyard Point Rd S, Left to stay on Brickyard Point Rd S, Left onto Old Ferry Cove - street dead ends to both lots.
  • Prop. Type: Land
  • Property Sub-Type: Resident S/D Lot
  • Lot Size Acres: 1.04
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Ownership: No
  • MLS Status: Closed
  • Keywords Waterfront: Deep Water (Three Ft Min)
  • Keywords Dock: Possible 0 - 150 Ft
  • General Property Description Bank Owned: No
  • General Property Description Short Sale: No
  • General Property Description Dock Permits in Hand: No
  • Community Waterfront Community2: Yes
  • General Property Description:Lot Dimensions: Lot 1 .60 - Lot 2 .44
  • Lot Location Interior: Yes
  • Topography Cleared: Yes
  • Lot Location MarshWater: Yes
  • Topography HighDry: Yes
  • Lot Location Deep Water: Yes
  • Road Frontage County Road: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Deep Water (Three Ft Min)
  • Waterfront: Yes

Lot Info

  • Zoning: Residential
  • Lot Dimensions: Lot 1 .60 - Lot 2 .44
  • Lot Size Sq Ft: 45302.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R200 010 000 036a 0000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Feb 27, 2023
Sold by
Newberry Elizabeth Harding
Bought by
Rosengarten Christopher R and Rosengarten Kristin C
Seller's Agent
Laura McAlhaney
BHHS Bay Street Realty
Buyer's Agent
Allison Greco
Greco Group Brokered by eXp
List Price
$990,000
Sold Price
$817,000
Premium/Discount to List
-$173,000
-17.47%
Views
14
Current Estimated Value
$780,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,500
Avg. Annual Appreciation
-1.72%
Original Mortgage
$500,000
Outstanding Balance
$269,132
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$511,368

Purchase Details

Closed on
Oct 13, 2019
Sold by
Grace Gene W
Bought by
Newberry Elizabeth Harding and Newberry William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2006
Sold by
Cooler Lamarr B and Cooler Carol Anne
Bought by
Grace Gene W

Purchase Details

Closed on
Jun 19, 2006
Sold by
Cooler Lamarr and Cooler Carol Anne
Bought by
Cooler Lamarr B and Cooler Carol Anne
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
Rosengarten Christopher R $817,000 --
Newberry Elizabeth Harding $550,000 None Available
Grace Gene W $675,000 None Available
Cooler Lamarr B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosengarten Christopher R $500,000
Previous Owner Newberry Elizabeth Harding $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $817,000 -8.2% --
01/29/2023 01/29/23 Pending -- -- --
12/19/2022 12/19/22 Price Changed $890,000 -10.1% --
10/21/2022 10/21/22 For Sale $990,000 -- --
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 $9,080 $34,500 $0 $0
2023 $9,080 $34,500 $0 $0
2022 $8,261 $30,000 $0 $0
2021 $8,003 $30,000 $0 $0
2020 $7,727 $30,000 $0 $0
2019 $6,369 $25,050 $0 $0
2018 $6,044 $25,050 $0 $0
2017 $5,466 $21,780 $0 $0
2016 $5,349 $21,780 $0 $0
2014 $5,168 $21,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lowcountry Regional MLS

MLS Number: 178164

Lowcountry Regional MLS

APN: R200-010-000-036A-0000