320 51 Rae St

Lake City, South Carolina, 29560

Redeemable DeedpendingSells Oct 6, 2026 · in 5 days

View on map ↗

Opening bid

—

Assessed value

$155

Land $0Improvement $155

Market / AVM

$121,000

Taxes owed

—

Parcel number: 42000-51-849
Case number: —
Land use: Residential
Building: 924 sqft
Acreage: 21.05
Lot size: 916,806 sqft
Year built: 1986
Owner of record: Charles Burgess

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 320 51 Rae St — the parcel

Aerial view of 320 51 Rae St — what is around it

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 80 values

Summary(9)

Id	336,225,631
Free clear	Yes
High equity	Yes
Mobile home	Yes
Property type	MOBILE
Equity percent	100
Estimated value	$121,000
Last update date	2026-09-23 00:00:00 UTC
Estimated equity	$121,000

Lot info

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Florence County assessor ↗search: 42000-51-849
Recorded Document Search ↗search: 42000-51-849
Google Maps (parcel / address search) ↗

Florence County rules

Sale type: Tax Lien
Redemption: 1 year from sale (12 months)
Return if redeemed: 3–12% per annum depending on when redeemed, tiered quarterly
Statute: South Carolina Code Title 12, Ch. 51

Full county profile →

Historical comps

No historical bucket for SC|Redeemable Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Liens that survive

County states a tax sale does not erase liens currently attached — they may stay on the tax title. Federal liens require independent analysis. No possession until tax deed issues after redemption (~deed recording around March following the year-and-a-day window).

Quiet title

Tax deed is not a clear/warranty deed; county notes clearing often requires attorney and Master in Equity after the second year.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Florence County Office of Delinquent Tax ↗

Deal analysis

Your maximum bid

$67,014

Walk away above this. Projected profit at the ceiling: $36,300 (30% of ARV).

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

History-guided suggestion

$60,313

Under max by $6,701

≤ 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 $121,000. 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: $121,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$9,680
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 ~$182/month.: −$4,356
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): −$36,300
Maximum bid: $67,014

If the owner redeems

Flat penalty

You'd receive

$2,010

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.

AI risk brief

Reads this parcel against FlorenceCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

336,225,631

Free clear

Yes

High equity

Yes

Mobile home

Yes

Property type

MOBILE

Equity percent

100

Estimated value

$121,000

Last update date

2026-09-23 00:00:00 UTC

Estimated equity

$121,000

Deal analysis

Your maximum bid

$67,014

Walk away above this. Projected profit at the ceiling: $36,300 (30% of ARV).

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

History-guided suggestion

$60,313

Under max by $6,701

≤ 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 $121,000. 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: $121,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$9,680
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 ~$182/month.: −$4,356
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): −$36,300
Maximum bid: $67,014

If the owner redeems

Flat penalty

You'd receive

$2,010

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.

Apn	42000-51-849
Land use	Residential
Lot acres	21.05
Property use	Mobile/Manufactured Home (Regardless Of Land Ownership)
Lot depth feet	1,527
Lot width feet	765.4
Lot square feet	916,806
Property class	The general use for the property is for residential purposes
Apn unformatted	4200051849
Legal description	1986 CENT 14X66

Year	2,024
Tax amount	$77
Property id	336,225,631
Market value	$3,877
Assessed value	$155
Assessment year	2,024
Market improvement value	$3,877
Assessed improvement value	$155

Owner1 type	Individual
Owner2 type	Other
Mail address · zip	29560
Mail address · city	Lake City
Mail address · fips	45041
Mail address · unit	46
Mail address · zip4	4259
Mail address · house	320
Mail address · label	320 Rae St Lot 46, Lake City, SC 29560
Mail address · state	SC
Mail address · street	Rae
Mail address · address	320 Rae St Lot 46
Mail address · unit type	Lot
Mail address · carrier route	R005
Mail address · address format	H
Owner1 full name	Charles Burgess
Owner1 last name	Burgess
Owner1 first name	Charles

Address · zip	29560
Address · city	Lake City
Address · fips	45041
Address · house	320
Address · label	320 51 Rae St, Lake City, SC 29560
Address · state	SC
Address · county	Florence County
Address · street	51 Rae
Address · address	320 51 Rae St
Address · street type	St
Address · jurisdiction	Florence County
Deck area	0
Latitude	33.85821541027506
Pool area	0
Longitude	-79.77054403405164
Patio area	0
Year built	1,986
Rooms count	0
Units count	0
Property use	Mobile Home
Basement type	NO BASEMENT
Lot square feet	1,168,765
Parking spaces	0
Buildings count	0
Property use code	373
Garage square feet	0
Living square feet	924
Partial bathrooms	0
Basement square feet	0
Building square feet	924
Price per square foot	0
Plumbing fixtures count	0
Basement square feet finished	0
Basement square feet unfinished	0