33 Sherington Dr

Bluffton, South Carolina, 29910

Redeemable DeedpendingSells Oct 5, 2026 · 3 days ago

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SqFt: 24,028
Lot Size: 80,938
Year Built: 1995
APN: R610 031 00D 0008 0000

Property Type: Other
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Owner Occupied
Length of Ownership: 14 Years 7 Months
Purchase Method: Cash Purchase
County: Beaufort

Value

Estimated Value: $68,520
County Market Value: $1,926,200; 2025
Assessed Value: $68,520; 2025

Mortgage & Debt

Open Mortgages: 2
Estimated Balance: $850,000
Lien Flags: None recorded; RealEstateAPI flags · not a lien search

Last Sale

Document Type: Quit Claim Deed

Opportunity

Opening Bid: $24,153
Bid / Value: 35%; of $68,520
Property Tax 2025: $20,654; annual bill · not the amount owed
Equity (est.): $0; 0%
Linked Properties: 15

Opening bid

$24,153

Assessed value

$68,520

Market / AVM

$68,520

Property tax 2025

$20,654

Annual bill — the sale list gives no amount owed

Property facts enriched via realestateapi · 10/1/2026

Ownership Information

Owner 1 Name: G G T Ltd Llc
Mailing Address: 33 Sherington Dr, Bluffton, SC 29910
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Basement: No Basement

Building Size

Deal analysis

Recorded	Position	Amount	Type	Lender	Rate Type	Term	Maturity	Doc #
09/11/2020	First	$850,000	Open End Mortgage / Open End With Future Advance Clause	First Citizens Bank & Trust Co		60	09/09/2025	2020051074
09/11/2020	Second	$100,000	Credit Line (Revolving) / Heloc	First Citizens Bank & Trust Co	Variable	60	09/25/2025	2020051076

Recorded	Position	Amount	Type	Lender	Rate Type	Term	Maturity	Doc #	Open
09/11/2020	First	$850,000	Open End Mortgage / Open End With Future Advance Clause	First Citizens Bank & Trust Co		60	09/09/2025	2020051074	Yes
09/11/2020	Second	$100,000	Credit Line (Revolving) / Heloc	First Citizens Bank & Trust Co	Variable	60	09/25/2025	2020051076	Yes
02/29/2012		$564,000	Unknown	First Citizens Bank And Trust Co Inc		0	05/15/2012	2012011387	No
02/29/2012		$582,000	SBA Participation Trust Deed	Small Business Assistance Corporation

Sale Date	Recorded	Amount	Document	Doc #	Arm's Length	Method	Buyer	Seller
02/29/2012	02/29/2012		Quit Claim Deed	2012011383	No	Cash Purchase	G G T Ltd Llc	Jks Ltd Llc, George G L Palmer
01/25/2012	02/29/2012	$1,200,000	Deed	2012011384	Yes	Financed	Psalms 24 One Llc	G G T Ltd Llc
11/15/2006	02/14/2007		Warranty Deed	2007012621	Yes	Cash Purchase

Your maximum bid

$36,366

Walk away above this. Projected profit at the ceiling: $20,556 (30% of ARV).

Opening bid $24,153

Room to bid $12,213

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

History-guided suggestion

$27,583

Under max by $8,782

≤ 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 $68,520. 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: $68,520
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$5,482
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 ~$103/month.: −$2,467
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): −$20,556
Maximum bid: $36,366

If the owner redeems

Flat penalty

You'd receive

$1,091

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.

33 Sherington Dr

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

33 Sherington Dr

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

First Mortgage 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