NOT LISTED FOR SALE

3617 Old Reaves Ferry Rd Conway, SC 29526

Estimated Value: $289,000 - $327,262

108 Acres
$2,862 Price per Acre
4,704,480 Sq Ft Lot

Last Sold July 28, 2021

Last sale price $385,000 $223 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,625/month

104 Days on Market

About This Lot

As of July 2021

Right on the outskirts of Conway lies 108 acres of land well suited for a wide range of uses, including hunting, farming, and even residential development opportunities! Beginning along Old Reeves Ferry Road, the Turner Tract begins along the edge of the pavement and runs across 18-acres of agriculture fields and then deep into the heart of a woodland complex bisected by the infamous Dam Swamp! Within close proximity to town and over 550 feet of road frontage along Old Reeves Ferry Road, the Turner Tract is perfectly situated for a wide variety of residential and commercial business enterprises. Horry County is growing immensely and tracts such as these are prime opportunities for the next residential subdivision especially ones that are less than 10 miles from town. A wetland assessment and a preliminary engineering study have already been prepared for this tract for 95 potential home lots that removes some of the future expenses during the due diligence period. Not only could this property be used for development, it could also be a prime opportunity for a home site or for a mini farm right in the heart of the Independent Republic of Horry. The tract is less than a mile from S.C. 905, three miles from the Waccamaw River, and less than 15 miles from Myrtle Beach. This property is the perfect investment for an opportunity to provide immediate and long term revenues from lot sales, commercial leases, or future long-term timber growth. In addition to its potential development value, this site contains suitable wildlife habitat that can provide you with a place to fill up the freezer with tasty game and within close proximity to town. The tract is loaded with big deer, long-bearded turkeys, and has excellent opportunities for wing shooting migratory waterfowl within the bottomlands of Dam Swamp that drain directly into the Waccamaw River only a few miles away from the property.

Last Agent to Sell the Property

Jeff Burleson

Southern Palmetto Land Company License #87234 Listed on: 02/12/2021

Last Buyer's Agent

Kim Swartz

Ace Realty, LLC License #90369

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $49

Lot Details

  • 108 Acre Lot
  • Property is zoned RA

Property Details

Property Type

Land

Est. Annual Taxes

$49

Lot Details

0

Listing Details

  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/12/2021
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 108

Garage/Parking

  • Type: Acreage

Lot Info

  • Zoning: RA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2019
Sold by
Turner Imogene C
Bought by
Duke Enterprises Inc
Current Estimated Value
$309,087
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
Duke Enterprises Inc $210,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2021 07/28/21 Sold $385,000 -16.3% $223 / Sq Ft
02/12/2021 02/12/21 For Sale $460,000 -- $267 / 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 $49 $15,689 $15,689 $0
2023 $49 $12,301 $9,727 $2,574
2021 $2,099 $12,523 $9,949 $2,574
2020 $2,569 $12,523 $9,949 $2,574
2019 $922 $9,823 $7,249 $2,574
2018 $1,053 $9,428 $5,834 $3,594
2017 $1,039 $9,428 $5,834 $3,594
2016 $0 $9,428 $5,834 $3,594
2015 -- $9,428 $5,834 $3,594
2014 $165 $9,428 $5,834 $3,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2103364

Coastal Carolinas Association of REALTORS®

APN: 32200000036