$26,500
SOLD FEB 5, 2021

1215 Rainbow Dr Loris, SC 29569

7.21 Acres
$3,675 Price per Acre
314,068 Sq Ft Lot

Recently Sold

6% Above List Price

9 Days on Market

About This Lot

As of February 2021

Great opportunity to purchase acreage at an affordable price. Perfect location for either a stick built, modular, or manufactured home on +/- 7.21 acre lot in Loris, SC. Located in the Sandy Acres s/d. No HOA. Great privacy. Located only minutes from a grocery store, restaurants, and shopping in the town of Loris. Approximately 30 minutes to North Myrtle Beach. Buyer to pay all impact and tap fees. No utilities are currently on the land. Tax Card has Rainbow Drive as the street name. GEO Code shows Elm Street. Land on Corner of Crepe Myrtle and Elm. Lots 1-5 have been combined to total +/- 7.21 acres.

Last Agent to Sell the Property

Scott Proctor

Keller Williams Select License #225974 Listed on: 12/07/2020

Keller Williams Select

Last Buyer's Agent

Eric Seitz

Carolina Pines Realty License #116189

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $571

Lot Details

  • 7.21 Acre Lot
  • Irregular Lot
  • Property is zoned MSF 40

Property Details

Property Type

Land

Est. Annual Taxes

$571

Lot Details

0

Listing Details

  • Lot Description: Irregular
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 12/09/2020
  • Estimated Lot Size: 5-10 Acres
  • Number Of Lots: 1
  • Road Access: County Road
  • Road Surface: Blacktop
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 7.21

Garage/Parking

  • Type: Residential Lot

Schools

  • Elementary School: Loris Elementary School
  • Middle School: Loris Middle School
  • High School: Loris High School

Lot Info

  • Zoning: MSF 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 4, 2021
Sold by
Drakapol Ruth A
Bought by
Mcclellan Mark S and Mcclellan Jill S
Seller's Agent
Scott Proctor
Keller Williams Select
Buyer's Agent
Eric Seitz
Carolina Pines Realty
List Price
$25,000
Sold Price
$26,500
Premium/Discount to List
$1,500
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$500,000
Outstanding Balance
$448,857
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
-$393,357

Purchase Details

Closed on
Sep 18, 2015
Sold by
Prince Margaret S
Bought by
Courtney Russell A and Courtney Nelda S
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $26,500 --
Warranty Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $89,000 -10.1% --
06/30/2025 06/30/25 For Sale $99,000 +273.6% --
02/05/2021 02/05/21 Sold $26,500 +6.0% --
12/07/2020 12/07/20 For Sale $25,000 -16.7% --
02/16/2018 02/16/18 Sold $30,000 0.0% --
01/11/2018 01/11/18 For Sale $30,000 -- --
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $571 $6,281 $6,281 $0
2023 $571 $1,364 $1,364 $0
2021 $530 $1,364 $1,364 $0
2020 $301 $1,364 $1,364 $0
2019 $301 $1,364 $1,364 $0
2018 $0 $1,655 $1,655 $0
2017 -- $1,655 $1,655 $0
2016 -- $544 $544 $0
2015 $83 $544 $544 $0
2014 $81 $1,014 $1,014 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2025843

Coastal Carolinas Association of REALTORS®

APN: 21107010007