NOT LISTED FOR SALE

279 Tatum Ln Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $127,000 - $266,000

0.36 Acre
$525,000 Price per Acre
15,682 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $140,000 $92 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,071/month

57 Days on Market

About This Lot

As of August 2022

Great opportunity for investors! Excellent location, right around the corner from Hwy 501 and Robert Grissom Pkwy intersection. Lot has been approved for a Threeplex.

Last Agent to Sell the Property

Muriel Adib

Century 21 Palms Realty License #86112 Listed on: 03/14/2022

Century 21 Palms Realty

Last Buyer's Agent

Kevin Grant

Anderson Realty Group Coastal License #11721

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $911

Lot Details

  • 0.36 Acre Lot
  • Cul-De-Sac
  • Property is zoned MSF6

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Additional Features

  • Outside City Limits
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$911

Lot Details

0

Listing Details

  • Lot Description: Cul-De-Sac
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 03/14/2022
  • Estimated Lot Size: Less Than 1/2 Acre
  • Residence: Land Only
  • Road Access: City Street
  • Utilities To Site: Electricity, Water, Sewer, Phone, Tv Cable, Utilities
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.36

Garage/Parking

  • Type: Multi-Family Lot

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: MSF6

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Aug 31, 2022
Sold by
South Star Rentals Llc
Bought by
Eastern Carolina Homelessness Organizati
Seller's Agent
Muriel Adib
Century 21 Palms Realty
Buyer's Agent
Kevin Grant
Anderson Realty Group Coastal
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%
Current Estimated Value
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,000
Avg. Annual Appreciation
9.74%

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 28, 2021
Sold by
Rangel Klaus H
Bought by
South Star Investment Llc and South Star Rentals Llc
Seller's Agent
Ron Cupertino
CENTURY 21 Broadhurst
Buyer's Agent
Ron Cupertino
CENTURY 21 Broadhurst
List Price
$154,000
Sold Price
$120,000
Premium/Discount to List
-$34,000
-22.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%
Original Mortgage
$750,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2021
Closed on
Apr 29, 2021
Sold by
P & I Realty Corp
Bought by
Rangel Klaus H and Marin Jessica Karina
Seller's Agent
Linda Armstrong
CB Sea Coast Advantage MB
Buyer's Agent
Jacinda Wright
CENTURY 21 Broadhurst
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.88%

Purchase Details

Closed on
Feb 4, 2021
Sold by
Spivey James Rufus
Bought by
P & I Realty Trust Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2011
Sold by
Spivey Annie Mae
Bought by
Spivey James Rufus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eastern Carolina Homelessness Organizati $140,000 --
South Star Investment Llc $120,000 --
Rangel Klaus H $70,000 --
P & I Realty Trust Corp $40,000 --
Spivey James Rufus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner South Star Investment Llc $750,000
Previous Owner P & I Realty Trust Corp $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2022 08/31/22 Sold $140,000 -10.8% $92 / Sq Ft
04/18/2022 04/18/22 Price Changed $157,000 -1.3% $103 / Sq Ft
03/14/2022 03/14/22 For Sale $159,000 +32.5% $105 / Sq Ft
10/31/2021 10/31/21 Sold $120,000 -13.7% $79 / Sq Ft View Prior Sale
09/17/2021 09/17/21 Price Changed $139,000 -9.7% $91 / Sq Ft
08/20/2021 08/20/21 For Sale $154,000 +120.0% $101 / Sq Ft
04/30/2021 04/30/21 Sold $70,000 -12.4% $46 / Sq Ft View Prior Sale
03/09/2021 03/09/21 Price Changed $79,900 -11.1% $53 / Sq Ft
02/20/2021 02/20/21 For Sale $89,900 -- $59 / Sq Ft
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 $911 $4,500 $4,500 $0
2023 $911 $5,355 $651 $4,704
2021 $1,631 $5,355 $651 $4,704
2020 $1,144 $5,355 $651 $4,704
2019 $1,144 $5,355 $651 $4,704
2018 $0 $3,449 $617 $2,832
2017 $655 $3,449 $617 $2,832
2016 -- $3,449 $617 $2,832
2015 $655 $3,449 $617 $2,832
2014 $634 $3,449 $617 $2,832
Source: Public Records

Agents Affiliated with this Home

  • Muriel Adib

    Seller's Agent in 2022

    Muriel Adib

    Century 21 Palms Realty

    (843) 333-5063

    8 in this area

    127 Total Sales

    Muriel Adib
    Section Image

  • K

    Buyer's Agent in 2022

    Kevin Grant

    Anderson Realty Group Coastal

    (843) 376-5502

    12 in this area

    26 Total Sales

    Kevin Grant
    Section Image
  • Linda Armstrong

    Seller's Agent in 2021

    Linda Armstrong

    CB Sea Coast Advantage MB

    (843) 450-3452

    4 in this area

    125 Total Sales

    Linda Armstrong
    Section Image
  • Ron Cupertino

    Seller's Agent in 2021

    Ron Cupertino

    CENTURY 21 Broadhurst

    (404) 310-8038

    5 in this area

    23 Total Sales

    Ron Cupertino
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    Fabiola Wormsbecker

    CENTURY 21 Broadhurst

    Section Image
  • Jacinda Wright

    Buyer's Agent in 2021

    Jacinda Wright

    CENTURY 21 Broadhurst

    (843) 504-6949

    9 in this area

    130 Total Sales

    Jacinda Wright
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2205256

Coastal Carolinas Association of REALTORS®

APN: 42515020003

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

279 Tatum Ln, Myrtle Beach, SC

Not Listed for Sale

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