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8 Retreat Lane

8 Retreat Lane, Hilton Head Island, SC 29928
House in Beaufort
Sold May 05, 2020
$535,000
$428,000 by Mortgage Network Inc
Mortgage Due May 01, 2050
Sold Oct 19, 2007
$750,000
$100,000 by Suntrust Mortgage Inc
Mortgage Due Nov 01, 2022
Local assessors in Hilton Head Island, SC have categorized 8 Retreat Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 22,249 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8 Retreat Lane has a total of 3,783 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 597 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8 Retreat Lane was last sold in Apr 29, 2020 for $535,000. According to our calculations, that's $141.42 per sqft. Prior to that sales transaction, the property was sold for $750,000 in Oct 15, 2007. Current property owners are expected to pay $9,171 in taxes per year. The property on 8 Retreat Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $32,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 1
  • Bedroom Count: 1
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 597
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 22,249
  • Total Building Area: 3,783
  • Gross Building Area: 3,783
  • Building Area: 3,783
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,783
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONG COVE AREA
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 540 LONG COVE CLUB PH B PB 34 P 126

Ownership

  • Current Owner : FREEMAN DUANE H
  • Current Owner 2: FREEMAN DENISE
  • Previous Owner : TYSON JOHN E
  • Previous Owner 2: TYSON KATHERINE B
  • Owner Before Previous Owner: MCCORMICK NAOMI D
  • Owner Before Previous Owner 2: MCCORMICK ROBERT C

Neighborhood

  • School District Name: Beaufort County School District
  • Census Tract: 010300

Zoning

  • Zoning: 4115

Geography

  • Assessors Map Reference: PG 11 MAP A
  • District: 550
  • Subdivision Phase Number: B
  • Parcel: R550 011 00A 0328 0000
  • Lot: 540
  • Municipality: SEA PINES PSD
  • Latitude: 32.1694
  • Longitude: -80.7415

    Address

  • Full Address: 8 Retreat Ln
  • Address - House Number: 8
  • Address - Street Name: Retreat
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Hilton Head Island
  • Carrier Code: R005
  • 4-Digit Zip Code: 6107
  • Zip Code: 29928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,171
  • Tax Rate Code Area: 550

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 69
  • Final Value: 1,251,346
  • High Value: 1,530,537
  • Low Value: 972,156

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $428,000
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: May 05, 2020
  • First Open Lien Mortgage Loan Amount: $428,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $535,000
  • Market Land Value: $90,000
  • Market Improvement Value: $445,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,100

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Transaction ID: 11759193843
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020023320
  • Previous Sale Recording Date: Oct 19, 2007
  • Previous Sale Contract Date: Oct 15, 2007
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: May 05, 2020
  • First Mortgage Loan Amount: $428,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 19, 2007
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2022

About Hilton Head Island



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8 Retreat Lane located in?
The 8 Retreat Lane is a house located in the neighborhood of Beaufort in Hilton Head Island, Hilton Head Island.
What is the average sales price for listings in 8 Retreat Lane?
The average sales price for units in 8 Retreat Lane is $549,900 , or $145/sqft. currently.

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