NOT LISTED FOR SALE

85 Savanna Point Kiawah Island, SC 29455

Estimated Value: $1,699,000 - $3,673,000

0.81 Acre
$3,325,238 Price per Acre
35,284 Sq Ft Lot

Last Sold February 11, 2021

Last sale price $1,500,000

Est. 80% increase in value since last sale

Current estimated payment $16,672/month

160 Days on Market

Highlights

  • Private Dock
  • Clubhouse
  • Trails
  • 0.81 Acre Lot
  • Wooded Lot
  • Elevated Lot

About This Lot

As of February 2021

85 Savanna Point Road is located beyond the second gate of Kiawah Island in the exclusive Otter Island subsection. The property is situated just off Ocean Course Drive; mere moments from the prestigious Ocean Course, home of the 2021 PGA Championship. With a dock and floater already on site, direct, deep-water access is provided. The .80 acre parcel is predominantly high, beholding a robust 13,877 SF footprint of buildable land. Mature Pine and Palmetto throughout, permitting secluded yet unrestricted build optionsfor your custom home. Public sewer/ water and electrical in place.

Last Agent to Sell the Property

Andrew Patterson

Conyers Advisory, LLC License #81380 Listed on: 06/12/2020

Last Buyer's Agent

Geoffrey Groat

Roadstead Real Estate Advisors, LLC License #12095

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,320

Lot Details

  • 0.81 Acre Lot
  • Property fronts a marsh
  • Elevated Lot
  • Wooded Lot
  • Building or Site Plan Approved

HOA Fees

  • $187 Monthly HOA Fees

Schools

  • Mt. Zion Elementary School
  • Haut Gap Middle School
  • St. Johns High School

Listing and Financial Details

  • Tax Lot 85

Community Details

Recreation

  • Boat Dock
  • Golf Course Membership Available
  • Trails
  • Private Dock

Additional Features

  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$19,320

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.81
  • Subdivision Name: None
  • Directions: Through The Second Gate Of Kiawah Island, Take A Right On To Ocean Course Drive. Take A Left On Otter Island Road And Bare Righ At The Fork. Take A Left On Savanna Point Road. The Property Will Be On Your Right.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: .5 - 1 Acre, High, Wooded
  • Waterfront Features: Marshfront, Waterfront - Deep
  • Waterfront: Yes
  • Exterior Features: Private Dock At Lot
  • Other Structures: Other

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: Yes
  • Sewer: Sewer At Site
  • Utilities: Electricity Connected, Water Connected

Condo/Co-op/Association

  • Community Features: Clubhouse, Dock Facilities, Golf Membership Avai, Walk/Jog Trails, Shared Dock
  • Association Fee: 2240
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Mt. Zion
  • High School: St. Johns
  • Middle Or Junior School: Haut Gap

Lot Info

  • Development Status: Site Planned
  • Lot Size Sq Ft: 35283.6
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 2651500049
  • Tax Annual Amount: 19320
  • Tax Lot: 85

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Feb 9, 2021
Sold by
Resnick Jeffrey S and Resnick Cheryl D
Bought by
Easterlin Nan S and Nan S Easterlin Item Iv Trust
Seller's Agent
Andrew Patterson
Conyers Advisory, LLC
Buyer's Agent
Geoffrey Groat
Roadstead Real Estate Advisors, LLC
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%
Current Estimated Value
$2,693,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,193,443
Avg. Annual Appreciation
10.77%
Original Mortgage
$750,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 19, 2005
Sold by
Zeron Randy Dean and Zeron Laura Dawn
Bought by
Quinn Matthew K

Purchase Details

Closed on
Oct 17, 2005
Sold by
Reilly Robert E and Reilly Christine I
Bought by
Resnick Jeffrey S and Resnick Cheryl D
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
Easterlin Nan S $1,500,000 Nrs Title Llc
Quinn Matthew K $407,000 --
Resnick Jeffrey S $1,595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nan S Easterlin Item Iv Trust $6,748,000
Previous Owner Easterlin Nan S $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $1,500,000 -9.1% --
11/20/2020 11/20/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $1,650,000 -- --
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
2024 $21,708 $90,000 $0 $0
2023 $21,708 $90,000 $0 $0
2022 $20,235 $90,000 $0 $0
2021 $15,665 $70,500 $0 $0
2020 $15,447 $70,500 $0 $0
2019 $19,320 $84,000 $0 $0
2017 $19,569 $90,000 $0 $0
2016 $18,798 $90,000 $0 $0
2015 $17,802 $90,000 $0 $0
2014 $16,901 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 20016105

CHS Regional MLS

APN: 265-15-00-049