1610 Trask Pkwy

Seabrook, South Carolina, 29940

Redeemable DeedpendingSells Oct 5, 2026 · 3 days ago

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SqFt: 912
Lot Size: 317,886
Year Built: 2007
APN: R700 027 000 020B 0000

Property Type: Other
Distressed: No
Vacant: No
Owner Type: Individual
Owner Status: Absentee (In State)
Length of Ownership: 11 Years 10 Months
Purchase Method: Financed
County: Beaufort

Value

Estimated Value: $8,320
County Market Value: $161,900; 2025
Assessed Value: $8,320; 2025

Mortgage & Debt

Open Mortgages: 1
Estimated Balance: $53,500
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Public Record: $60,000; 11/07/2014
Document Type: Deed

Opportunity

Opening Bid: $3,171
Bid / Value: 38%; of $8,320
Property Tax 2025: $2,388; annual bill · not the amount owed
Equity (est.): $0; 0%
Linked Properties: 3

Opening bid

$3,171

Assessed value

$8,320

Market / AVM

$8,320

Property tax 2025

$2,388

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 10/1/2026

Ownership Information

Owner 1 Name: John Wright
Mailing Address: 414 Broad River Dr, Beaufort, SC 29906
Owner Type: Individual
Corporate Owned: No

Property Characteristics

Basement: No Basement

Building Size

Deal analysis

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #
11/07/2014	First	$53,500	Seller Carryback / Seller Financing / Seller Take-Back	Edward Troy Watson Etal	120	11/30/2024	2014058305

Recorded	Position	Amount	Type	Lender	Term	Maturity	Doc #	Open
11/07/2014	First	$53,500	Seller Carryback / Seller Financing / Seller Take-Back	Edward Troy Watson Etal	120	11/30/2024	2014058305	Yes

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
11/07/2014	11/25/2014	$60,000	Deed	2014058305	Yes	Financed	Lewis Wright	Edward Troy Watson, Jerry Jenkins
10/31/2012	04/01/2013		Quit Claim Deed	2013018175	No	Cash Purchase	County Of Beaufort	Lewis Wright

Your maximum bid

-$292

Do not bid — the numbers do not clear your margin.

Opening bid $3,171

Room to bid -$3,462

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

History-guided suggestion

Pass

History + oracle say stay out or wait — do not chase.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for SC|Redeemable Deed; suggestion uses oracle only.
Oracle says no-bid — suggestion is pass.

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 $8,320. 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: $8,320
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$666
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): −$2,496
Maximum bid: -$292

If the owner redeems

Flat penalty

You'd receive

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.
Costs exceed what the property can support at your target margin. There is no bid at which this clears.

1610 Trask Pkwy

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

1610 Trask Pkwy

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

Area

Fair Market Rents

Tax Assessment Information

Open Mortgages

Mortgage History

Sale History

County records

Beaufort County rules

Historical comps

Verify before you bid