122 Halifax Rd

Saint Helena Island, South Carolina, 29920

Redeemable DeedpendingSells Oct 5, 2026 · 3 days ago

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Beds: 2
SqFt: 1,675
Lot Size: 57,499
Year Built: 1975
APN: R300 016 000 190B 0000

Property Type: Sfr
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Owner Occupied
Length of Ownership: 4 Years 1 Month
Purchase Method: Cash Purchase
County: Beaufort

Value

Estimated Value: $354,000
County Market Value: $239,500; 2025
Assessed Value: $8,870; 2025

Mortgage & Debt

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

Last Sale

Document Type: Deed Of Distribution

Opportunity

Opening Bid: $3,214
Bid / Value: 0.91%; of $354,000
Property Tax 2025: $2,447; annual bill · not the amount owed
Equity (est.): $354,000; 100%
Monthly Rent: $1,463; Suggested rent
Gross Yield: 4.96%

Opening bid

$3,214

Assessed value

$8,870

Market / AVM

$354,000

Property tax 2025

$2,447

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 10/1/2026

Ownership Information

Owner 1 Name: Bakari Gaynor
Mailing Address: 122 Halifax Rd, Saint Helena Island, SC 29920
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Total Rooms: 5
Bedrooms: 2
Heating Type: Forced Air Unit

Deal analysis

Recorded	Document	Notice	Trustee	Trustee Phone	Active
06/03/2013	Notice of Default	NOD	MURPHY CHRISTOPHER L	843-577-9323	No

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
08/29/2022	08/29/2022		Deed Of Distribution	2022049267	No	Cash Purchase	Bakari Asante Wardell Gaynor	Bakari Asante Wardell Gaynor, Estate Of Gloria Lawyer
01/31/2012	02/01/2012	$4,700	Public Action	2012005881	Yes	Cash Purchase	Gloria Lawyer	Annie Mae Underwood

Your maximum bid

$203,086

Walk away above this. Projected profit at the ceiling: $106,200 (30% of ARV).

Opening bid $3,214

Room to bid $199,872

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

History-guided suggestion

$75,039

Under max by $128,047

≤ 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 $354,000. 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: $354,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$28,320
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 ~$531/month.: −$12,744
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): −$106,200
Maximum bid: $203,086

If the owner redeems

Flat penalty

You'd receive

$6,093

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.

122 Halifax Rd

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

122 Halifax Rd

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

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

Foreclosure Filings

Area

Fair Market Rents

Tax Assessment Information

Sale History

County records

Beaufort County rules

Historical comps

Verify before you bid