161 Bull Point Dr

Seabrook, South Carolina, 29940

Redeemable DeedpendingSells Oct 5, 2026 · 3 days ago

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SqFt: 0
Lot Size: 47,916
APN: R700 027 000 0172 0000

Property Type: Land
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Absentee (In State)
Length of Ownership: 3 Years 10 Months
Purchase Method: Cash Purchase
County: Beaufort

Value

Estimated Value: $29,000
County Market Value: $19,200; 2025
Assessed Value: $1,150; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $20,000; 11/10/2022
Document Type: Warranty Deed

Opportunity

Opening Bid: $781
Bid / Value: 3%; of $29,000
Property Tax 2025: $331; annual bill · not the amount owed
Equity (est.): $29,000; 100%
Linked Properties: 3

Opening bid

$781

Assessed value

$1,150

Market / AVM

$29,000

Property tax 2025

$331

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 10/1/2026

Ownership Information

Owner 1 Name: Robert Lee
Mailing Address: 1727 Cypress Campground Rd, Ridgeville, SC 29472
Owner Type: Individual
Corporate Owned: No

Land/Location Information

APN: R700 027 000 0172 0000
Property Class: The general use for the property is for residential purposes
Property Type: Residential - Vacant Land

Deal analysis

School	Type	Grades	Rating	Enrollment
Whale Branch Elementary School	Public	PK-4	1	522
Whale Branch Early College High School	Public	9-12	5	476
Whale Branch Middle School	Public	5-8	3	367

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
11/10/2022	11/21/2022	$20,000	Warranty Deed	2022063433	Yes	Cash Purchase	Robert Willard Lee	Bull Point Plantation Prop Owners Assn I
10/05/2022	10/07/2022		Intrafamily Transfer	2022055929	No	Cash Purchase	Bull Point Plantation Prop Owners Assn I	Bull Point Property Owners Association, Bull Point Llc
01/30/2019	02/04/2019	$10,000	Quit Claim Deed	2019006161	No	Cash Purchase	Bull Point Plantation Property Owners As	Bull Point Sc Llc
12/28/2018	02/04/2019	$10,000	Quit Claim Deed	2019006160	No	Cash Purchase	Bull Point Sc Llc	7777 Management Llc
08/17/2010	08/19/2010	$80,000	Special Warranty Deed	2010043435	Yes	Cash Purchase	7777 Management Llc	Bull Point Llc
07/28/2010	08/04/2010	$80,000	Special Warranty Deed	2010040519	Yes	Cash Purchase	Bull Point Llc	South Carolina Bank & Trust Na
05/06/2010	05/26/2010	$500	Legal Action/Court Order	2010027231	Yes	Cash Purchase	South Carolina Bank & Trust Na	Samuel L Smalls, Ca #2008-Cp-07-02041
04/27/2004	05/03/2004	$145,000	Warranty Deed	2004028011	Yes	Cash Purchase	Richard W Campolmi, Cheryl L Campolmi	Timothy O Bragstad, Cheryl A Bragstad

Your maximum bid

$12,530

Walk away above this. Projected profit at the ceiling: $8,700 (30% of ARV).

Opening bid $781

Room to bid $11,749

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$4,979

Under max by $7,551

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for SC|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $29,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $29,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$2,320
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical SC range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical SC recording and deed issuance cost.: −$250
Holding costs (24 months)assumed Taxes, insurance, and securing the property at ~$75/month.: −$1,800
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$8,700
Maximum bid: $12,530

If the owner redeems

Flat penalty

You'd receive

$376

Window

365 days

A 3% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

Quoted elsewhere as 12% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. THE PENALTY IS CAPPED AT THE OPENING BID. § 12-51-90 provides that interest due on redemption may not exceed the forfeited land commission's bid under § 12-51-55 — roughly taxes plus costs. The tiers above are therefore a ceiling reached only by a bid at or near the minimum; a purchase at several times the minimum collects the same capped sum, so the effective yield falls as the premium rises.
South Carolina's ratio depends on the property's CLASS, and this entry uses the 6% residual. A parcel actually carrying the 4% legal-residence ratio will have its ARV understated by a third here, which is the safe direction. A manufacturing or utility parcel assessed at 10.5% is the dangerous one: dividing by 0.06 overstates its value by roughly 1.75x. Confirm the class on the assessor's record before bidding on anything that is not ordinary residential or commercial land.

161 Bull Point Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Land/Location Information

161 Bull Point Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Land/Location Information

Legal Description

Tax Assessment Information

Last Non-Arm's Length Ownership Transfer

Recording Information

Buyer/Seller Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Schools

Tax Assessment Information

Sale History

County records

Beaufort County rules

Historical comps

Verify before you bid