45 Battery Creek Club Dr

Beaufort, South Carolina, 29902

Redeemable DeedpendingSells Oct 5, 2026 · 4 days ago

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SqFt: 0
Lot Size: 929
APN: R110 034 000 0230 0000

Property Type: Land
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Absentee (In State)
Length of Ownership: 5 Years 6 Months
Purchase Method: Financed
County: Beaufort

Value

Estimated Value: $485,000
County Market Value: $35,000; 2025
Assessed Value: $830; 2025

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $250,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $250,000; 02/24/2021
Document Type: Deed

Opportunity

Opening Bid: $755
Bid / Value: 0.16%; of $485,000
Property Tax 2025: $309; annual bill · not the amount owed
Equity (est.): $261,990; 54%
Linked Properties: 13

Opening bid

$755

Assessed value

$830

Market / AVM

$485,000

Property tax 2025

$309

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 10/1/2026

Ownership Information

Owner 1 Name: Wendell Varnes
Mailing Address: 997 Katherine Ct, Beaufort, SC 29902
Owner Type: Individual
Corporate Owned: No

Land/Location Information

APN: R110 034 000 0230 0000
Property Class: The general use for the property is for residential purposes
Property Type: Residential - Vacant Land

Deal analysis

Date	Status	Price	Days on Market	Agent	Office
12/20/2024	Off Market	$390,000	1	Bob Jones	WEICHERT, REALTORS-Coastal Properties
12/08/2023	Active	$390,000	1	Bob Jones	WEICHERT, REALTORS-Coastal Properties

School	Type	Grades	Rating	Enrollment
Battery Creek High School	Public	9-12	3	787
Broad River Elementary School	Public	PK-5	4	480
Robert Smalls International Academy	Public	PK-8	4	708

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #
02/24/2021	First	$250,000	Open End Mortgage / Open End With Future Advance Clause	Binnacle Properties Llc	20	03/01/2023	2021015259

Recorded	Position	Amount	Type	Lender	Rate Type	Term	Maturity	Doc #	Open
02/24/2021	First	$250,000	Open End Mortgage / Open End With Future Advance Clause	Binnacle Properties Llc		20	03/01/2023	2021015259	Yes
01/19/2010			Commercial	The National Bank Of South Carolina	Multiple Loan Amounts	20	09/10/2011	2010002807	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
02/24/2021	03/03/2021	$250,000	Deed	2021015259	Yes	Financed	Wendell Varnes	Battery Creek Llc

Your maximum bid

$279,590

Walk away above this. Projected profit at the ceiling: $145,500 (30% of ARV).

Opening bid $755

Room to bid $278,835

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

History-guided suggestion

$101,105

Under max by $178,485

≤ 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 $485,000. 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: $485,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$38,800
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 ~$728/month.: −$17,460
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): −$145,500
Maximum bid: $279,590

If the owner redeems

Flat penalty

You'd receive

$8,388

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.

45 Battery Creek Club Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Land/Location Information

45 Battery Creek Club Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Land/Location Information

Legal Description

Tax Assessment Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Listing

MLS History

Area

Fair Market Rents

Schools

Tax Assessment Information

Open Mortgages

Mortgage History

Sale History

County records

Beaufort County rules

Historical comps

Verify before you bid