My New Blog

Here is a list of properties that have been sold in the past 8+ months. Appraisers only use the last 6 months for doing an appraisal on properties. I felt this information to be pertinent so you all will know "values" in the area. The majority of these sales were taken directly from the tax assessors office in Williamsburg Co..
 
1) 12/2/2010  259 +- acres  $595,000  45-233-002
     This was a property that I sold. The appraisal stated that the timber value was $943/acre.
      If you divide the two numbers, the value is $2,297/acre. If you subtract the timber value from this number, $2,297 - $943, this equals the "dirt"     
      value. The "dirt" value equals $1354.30/acre.
 
2)  12/30/2010  207.9+- acres  $415,800  45-233-002
     This property was sold for $2,000/acre.
 
3)   02/28/2011  113.41+- acres  $180,656  45-407-026
      This property was sold for $1592.95/acre.
     
4)  05/09/2011  102.53+- acres  $174,200  45-356-010
     This property was sold for $1,699.02/acre.
 
5)  08/20/2011  65+- acres  $91,000  I don't have the tax map number
   This property was sold for $1,400/acre.
 
6) CURRENT- I have a Pine Plantation under contract for sale in Bowman SC (Orangeburg Co.). The property is 161+- acres. The contract was RATIFIED by both parties. The ratified price is $285,775. This equals $1,775/acre. The tract has $588.00/acre in current timber   
      value. Therefore, the current dirt value is $1,187.00/acre. Closing is planned for 10/1/ 2011.
 
Let me know if I can help you with any information pertaining to land/timber values on any of my listings or any other listings that you may be interested in. Don't forget my motto: "Big or Small, I Have it ALL!". I am happy to give free quotes/estimates on any properties. Contact me today!