NOT LISTED FOR SALE

16 Summerlight Dr Unit Lot 8 Cumberland A Murrells Inlet, SC 29576

Murrells Inlet Neighborhood

Estimated Value: $567,000 - $616,000

3 Beds
3 Baths
2,374 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 16 Summerlight Dr Unit Lot 8 Cumberland A, Murrells Inlet, SC 29576 and is currently estimated at $584,010, approximately $246 per square foot. 16 Summerlight Dr Unit Lot 8 Cumberland A is a home located in Georgetown County with nearby schools including Waccamaw Elementary School, Waccamaw Intermediate School, and Waccamaw Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2016
Sold by
Dr Horton Inc
Bought by
Sullivan Timothy J and Sullivan Lorraine C
Current Estimated Value
$584,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$209,787
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$371,865

Purchase Details

Closed on
Jul 9, 2015
Sold by
Sunbelt Land Group Llc
Bought by
D R Horton Inc

Purchase Details

Closed on
Oct 15, 2014
Sold by
Kuhn Barry C and Miner Richard P
Bought by
Sunbelt Land Group Llc

Purchase Details

Closed on
Jul 18, 2006
Sold by
Sunbelt Land Group Llc
Bought by
Kuhn Barry C and Miner Richard P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Sullivan Timothy J $325,000 --
D R Horton Inc $330,000 --
Sunbelt Land Group Llc $46,000 --
Kuhn Barry C $91,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Lorraine C $80,000
Open Sullivan Timothy J $260,000
Source: Public Records

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 $1,658 $13,310 $2,800 $10,510
2023 $1,658 $13,310 $2,800 $10,510
2022 $1,621 $13,310 $2,800 $10,510
2021 $1,571 $13,308 $2,800 $10,508
2020 $1,567 $13,308 $2,800 $10,508
2019 $1,505 $12,832 $3,000 $9,832
2018 $1,544 $128,320 $0 $0
2017 $4,077 $0 $0 $0
2016 $4,345 $4,500 $0 $0
2015 -- $0 $0 $0
2014 -- $75,000 $75,000 $0
2012 -- $75,000 $75,000 $0
Source: Public Records

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