MH00054981

South Carolina

Tax LienpendingSells Oct 15, 2026 · in 33 days

Opening bid

$800

Assessed value

$11,200

Market / AVM

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Taxes owed

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Parcel number: MH00054981
Case number: —
Land use: —
Building: —
Acreage: —
Lot size: —
Year built: —
Owner of record: OTRANTO INVESTMENT COMPANY LLC

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Charleston County assessor ↗search: MH00054981
Google Maps (parcel / address search) ↗

Charleston County rules

Sale type: Tax Lien
Redemption: 1 year from sale (12 months)
Return if redeemed: 3–12% per annum depending on when redeemed, tiered quarterly
Statute: South Carolina Code Title 12, Ch. 51

Full county profile →

Historical comps

No historical bucket for SC|Tax Lien

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Liens that survive

During redemption, mortgage holders are notified; if they do not redeem they can lose interest. Mechanic’s, IRS, State, and certain other liens can remain. Tax deed is quitclaim without warranty — full title search required.

Quiet title

Commonly required for marketable insured title after SC tax deed; high redemption-period cloud and notice issues drive litigation risk.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Charleston County Delinquent Tax Division / Treasurer ↗

Deal analysis

Your maximum bid

$105,363

Walk away above this. Projected profit at the ceiling: $56,000 (30% of ARV).

Opening bid $800

Room to bid $104,563

Confidence: medium — ARV derived from assessed value, not comps.

History-guided suggestion

$38,411

Under max by $66,953

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

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Median sold

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p(redeem) prior

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No historical bucket for SC|Tax Lien; 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

Assessed $11,200 ÷ 0.06 assessment ratio. S.C. Code § 12-43-220(e): all other real property not otherwise provided for is assessed at six percent of fair market value. South Carolina assesses by property class rather than by county — 4% legal residence (c), 4% agricultural held by individuals (d)(1)(A), 6% agricultural held by corporations (d)(1)(B), 10.5% manufacturing and utility (a)(1).

After-repair value: $186,667
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$14,933
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 ~$280/month.: −$6,720
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): −$56,000
Maximum bid: $105,363

If the owner redeems

Flat penalty

You'd receive

$3,161

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.

AI risk brief

Reads this parcel against CharlestonCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.