NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,296,000

5 Beds
5 Baths
2,618 Sq Ft
$458/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $1,100,000 $420 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,284/month

6 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Two Primary Bedrooms
  • Hilton Head Island High School Rated A-
  • Fitness Center
  • Furnished

About This Home

As of June 2023

Oceanfront dream beach house completely renovated down to the studs features 5 en-suite bedrooms, fully furnished and turn key situated on one of Daufuskie’s prettiest oceanfront beaches. Walk out your front door through the dunes to the sand. Enjoy membership to the newly refurbished Melrose Beach Club with pools, fitness center, fitness classes and Pickleball. This is a short term rental dream all on idyllic Daufuskie Island. Property in CBRE zone

Last Agent to Sell the Property

Karen O'Grady Taylor & O'Grady Team

Charter One Realty Listed on: 05/22/2023

Last Buyer's Agent

Karen O'Grady Taylor & O'Grady Team

Charter One Realty Listed on: 05/22/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,567

Year Built

  • Built in 1987

Lot Details

  • 0.45

Parking

  • Driveway

Home Design

  • Patio Home
  • Composite Building Materials
  • Tile

Interior Spaces

  • 2,618 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Bookcases
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Screened Porch
  • Utility Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • East Facing Home
  • Flood Insurance May Be Required

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number R800-025-000-0116-0000

Community Details

Overview

  • Association fees include ground maintenance
  • The Beach Cottages At Melrose Subdivision

Recreation

  • Community Beach Access
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,567

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0.45
  • Road Surface Type: Paved
  • Ownership: Individual
  • Special Listing Conditions: None
  • Subdivision Name: THE BEACH COTTAGES AT MELROSE
  • Architectural Style: One Story, Patio Home
  • Building Stories: 1
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Luxury Vinyl Plank, Tile
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Fireplace, Main Level Primary, Multiple Primary Suites, Multiple Closets, Smooth Ceilings, Eat-in Kitchen
  • Living Area: 2618.0
  • Dining Room Type: Eat-in Kitchen, Great Room, Kitchen, Laundry, Screened Porch, Utility Room
  • Window Features: Other

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Waterfront
  • Pool Features: Community
  • View: Ocean
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Flood Insurance Required
  • Construction Type: Composite Siding
  • Direction Faces: East
  • Exterior Features: Enclosed Porch, Outdoor Shower, Porch, Outdoor Grill
  • Patio And Porch Features: Rear Porch, Front Porch, Patio, Porch, Screened
  • Roof: Other

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Beach Rights, Beach Access, Fitness Center, Pickleball, Pool, Trail(s)

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Number Of Lots: 1
  • Parcel #: R800-025-000-0116-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Lot: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
James Demeo
Bought by
Demeo Living Trust
Total Days on Market
6
Current Estimated Value
$1,200,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$552,895
Interest Rate
3.12%
Estimated Equity
$647,260

Purchase Details

Closed on
Dec 20, 2021
Sold by
Daufuskie Beach Properties Llc
Bought by
Demeo James and Demeo Gino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$552,895
Interest Rate
3.12%
Estimated Equity
$647,260

Purchase Details

Closed on
Nov 17, 2006
Sold by
Daufuskie Island Properties Llc
Bought by
Beach Cottages Iii Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Demeo Living Trust -- Levin Gilley Fisher & Reid Llc
Demeo James $750,000 None Available
Beach Cottages Iii Llc $10,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demeo James $595,000
Closed Demeo James $595,000
Previous Owner Beach Cottages Iii Llc $0
Previous Owner Beach Cottage Iii Llc $3,750
Previous Owner Beach Cottage Iii Llc $224,250
Previous Owner Beach Cottage Iii Llc $86,000
Previous Owner Beach Cottage Iii Llc $186,000
Previous Owner Beach Cottage Iii Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $1,100,000 -8.3% $420 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $1,200,000 +9.1% $458 / Sq Ft
05/22/2023 05/22/23 Off Market $1,100,000 -- --
Source: REsides

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 $18,567 $66,000 $0 $0
2023 $18,567 $10,350 $0 $0
2022 $2,805 $9,000 $0 $0
2021 $2,662 $9,000 $0 $0
2020 $2,589 $9,000 $0 $0
2019 $2,557 $9,000 $0 $0
2018 $4,032 $15,210 $0 $0
2017 $4,203 $15,310 $0 $0
2016 $4,112 $15,310 $0 $0
2014 $5,133 $15,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REsides

MLS Number: 435834

REsides

APN: R800-025-000-0116-0000