NOT LISTED FOR SALE

Estimated Value: $5,521,000 - $8,196,186

0.52 Acre
$13,150,090 Price per Acre
22,651 Sq Ft Lot

Last Sold September 08, 2017

Last sale price $3,000,000 $1,089 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $43,507/month

43 Days on Market

About This Lot

As of September 2017

The views from this half acre harbor front lot at the western end of Sullivan's Island is simply stunning. The property overlooks Charleston harbor with panoramic views of the Charleston skyline, Fort Sumter and the shipping lanes into the port of Charleston. This is truly one of the best locations on the Island, very private and exclusive. The sunsets are extraordinary and the lights from the ships entering and leaving the harbor at night are breathtaking. It is rare that property becomes available on the harbor. Lot is ready for construction. This is one of the most exclusive neighborhoods in the tri-county area. Surrounded by multi million dollar homes.

Last Listed By

Everett Presson

Carolina One Real Estate License #23437 Listed on: 06/06/2017

Carolina One Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,737

Year Built

  • 1985

Lot Details

  • 0.52 Acre Lot
  • Beach Front
  • Finished Lot(s)

Schools

  • Sullivans Island Elementary School
  • Laing Middle School
  • Wando High School

Community Details

  • Sullivans Island Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$29,737

Year Built

1985

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.52
  • Road Frontage Type: City Street
  • Subdivision Name: Sullivans Island
  • Directions: Take Middle Street Towards End Of The Island. Look For Station 9. 823 Middle Will Be On The Left.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1985

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: .5 - 1 Acre
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes

Garage/Parking

  • Open Parking: No

Schools

  • Elementary School: Sullivans Island
  • High School: Wando
  • Middle Or Junior School: Laing

Lot Info

  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 22651.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5230600045
  • Tax Annual Amount: 29737.17

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
823 Middle Street Llc
Bought by
Trust Agreement For 823 Middle Street and Derbyshire
Total Days on Market
43
Current Estimated Value
$6,838,047

Purchase Details

Listed on
Jun 6, 2017
Closed on
Sep 7, 2017
Sold by
Horibeck Creek Associates Lolc
Bought by
Derbyshire Linda L
Seller's Agent
Everett Presson
Carolina One Real Estate
Buyer's Agent
Chip Warley
Premier Properties Charleston
List Price
$3,300,000
Sold Price
$3,000,000
Premium/Discount to List
-$300,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$2,550,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 26, 2013
Sold by
45 Pinckney Street Llc
Bought by
Horlbeck Creek Associates Llc

Purchase Details

Closed on
Feb 9, 2010
Sold by
The Point Company Llc
Bought by
45 Pinckney Street Llc

Purchase Details

Closed on
Dec 18, 2009
Sold by
Mclaurin Gary C and Mclaurin Cynthia
Bought by
The Point Company Llc

Purchase Details

Closed on
Jun 22, 2006
Sold by
Momeier Thomas R
Bought by
Mclaurin Gary C and Mclaurin Cynthia

Purchase Details

Closed on
Jan 18, 2000
Sold by
Cooper Ronald B
Bought by
Momeier Katherine L

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
Trust Agreement For 823 Middle Street -- None Listed On Document
823 Middle Street Llc -- None Listed On Document
Derbyshire Linda L $3,000,000 None Available
Horlbeck Creek Associates Llc -- --
45 Pinckney Street Llc $1,600,000 --
The Point Company Llc $2,000,000 --
Mclaurin Gary C $3,000,000 None Available
Momeier Katherine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trust Agreement For 823 Middle $7,500,000
Previous Owner Derbyshire Linda L $5,000,000
Previous Owner Derbyshire Linda L $2,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $3,000,000 -9.1% $1,089 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $3,300,000 -- $1,198 / Sq Ft
Source: CHS 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
2023 $67,154 $168,000 $0 $0
2022 $18,703 $168,000 $0 $0
2021 $19,356 $168,000 $0 $0
2020 $43,896 $120,000 $0 $0
2019 $44,688 $180,000 $0 $0
2017 $30,769 $135,170 $0 $0
2016 $29,737 $135,170 $0 $0
2015 $28,219 $135,170 $0 $0
2014 $23,224 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: CHS Regional MLS

MLS Number: 17015904

CHS Regional MLS

APN: 523-06-00-045