NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $1,986,577

0.35 Acre
$4,698,269 Price per Acre
15,246 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $1,800,000

Est. 9% decrease in value since last sale

Current estimated payment $11,231/month

29 Days on Market

About This Lot

As of December 2023

Welcome to the extraordinary opportunity to build your dream beach house at 8 49th Avenue on the stunning Isle of Palms. This vacant lot is a canvas awaiting your vision, allowing you to design a coastal retreat that perfectly reflects your style and desires.Positioned just four homes away from the pristine beach, this location is the epitome of beachside living. Whether you're an early riser who adores morning beach strolls or someone who cherishes breathtaking sunsets by the shore, your daily escape is mere steps from your future doorstep.Located on a tranquil and quiet street, 8 49th Avenue offers a serene escape from the hustle and bustle of everyday life, making it the ideal canvas for your coastal vision.In addition, a recent survey has been completed, providing peace of mind and a clear understanding of the property's boundaries and potential.

Embrace the relaxed island lifestyle, where the warm sandy beaches, stunning ocean views, and a strong sense of community become your everyday reality. Enjoy recreational activities such as water sports, fishing, and golf, all within reach. Savor the island's vibrant dining scene, where fresh seafood and culinary delights await. Join a welcoming and close-knit community, and access the culture, shopping, and attractions of nearby Charleston with ease.

8 49th Avenue offers an unparalleled opportunity to create your dream coastal retreat in a serene location, just moments from the beach. This property combines the advantages of island living with the potential to shape your own beachside haven. It's time to bring your coastal dream to life on the beautiful Isle of Palms.

Last Listed By

Jen O'brien

Dunes Properties of Chas Inc License #99882 Listed on: 10/12/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,230

Lot Details

  • 0.35

Schools

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

Additional Features

  • 0.35 Acre Lot
  • Beach Access
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$5,230

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.35
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Palm Blvd, Turn Onto 49th Avenue And The Lot Will Be The Second On The Left.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Waterfront Features: Beach Access

Garage/Parking

  • Open Parking: No

Utilities

  • Electricity On Property: No
  • Utilities: None

Schools

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

Lot Info

  • Development Status: Raw Land
  • Lot Size Sq Ft: 15245.999999
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6040900001
  • Tax Annual Amount: 5230

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Dnf Realty Inc
Bought by
8 49Th Avenue Llc
Total Days on Market
29
Current Estimated Value
$1,644,394

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 6, 2023
Sold by
Herndon James Marvin
Bought by
Dnf Realty Inc
Seller's Agent
Jen O'brien
Dunes Properties of Chas Inc
Buyer's Agent
Jen O'brien
Dunes Properties of Chas Inc
List Price
$1,925,000
Sold Price
$1,800,000
Premium/Discount to List
-$125,000
-6.49%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Sep 19, 2007
Sold by
Herndon James Marvin and Herndon Mary Anne
Bought by
Herndon James Marvin and Herndon Mary Anne

Range of Values:

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Average Value
Not Available
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
8 49Th Avenue Llc -- Cooperative Title
8 49Th Avenue Llc -- Cooperative Title
Dnf Realty Inc $1,800,000 Cooperative Title
Herndon James Marvin -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dnf Realty Inc $2,735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $1,800,000 -6.5% --
10/12/2023 10/12/23 For Sale $1,925,000 -- --
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
2023 $24,635 $24,150 $0 $0
2022 $5,230 $24,150 $0 $0
2021 $5,170 $24,150 $0 $0
2020 $5,099 $24,150 $0 $0
2019 $4,674 $21,000 $0 $0
2017 $4,463 $21,000 $0 $0
2016 $4,283 $21,000 $0 $0
2015 $4,075 $21,000 $0 $0
2014 $4,226 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

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Source: CHS Regional MLS

MLS Number: 23023373

CHS Regional MLS

APN: 604-09-00-001