NOT LISTED FOR SALE

3993 Socastee Blvd Unit Mills Mobile Home Pa Myrtle Beach, SC 29588

Estimated Value: $184,000 - $225,000

-- Bed
1 Bath
-- Sq Ft
0.27 Acres

Last Sold June 09, 2015

Last sale price $1,200,000

Current estimated payment $1,273/month

442 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Forestbrook Middle School Rated A-
  • Rectangular Lot

About This Home

As of June 2015

50 pad mobile home park in great condition. Fully leased and in a prime myrtle beach location. Deal also includes one older but well maintained stick built, three bedroom home. That lot and home are zoned TRS (old commercial highway). The park and home total over 7.1 acres. Solid income with low expenses and minimal management. Note; rents have just been increased for the fist time in over 6 years! Great tax sheltered income from depreciation and amortization. Many tenants have been here for 25 plus years. The construction at Highway 17 Bypass at Highway 707 is now complete and this location cannot be replaced. Tenants pay all their own utilities and home repairs. Landlord does provide lawn care. Square footage/acreage is approximate and not guaranteed. Buyer/Tenant is responsible for verification.

Last Listed By

John Draughn

CB Sea Coast Commercial License #8683 Listed on: 02/18/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,313

Year Built

  • Built in 1972

Lot Details

  • 0.27

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Schools

  • Socastee Elementary School
  • Saint James Middle School
  • Socastee High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Additional Features

  • Rectangular Lot
  • Outside City Limits

Community Details

  • 50 Units
  • Mills Mobile Home Park Condos

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,313

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Lot Description: 1 Or More Acres, Rectangular
  • Four Sided Lot Measurement: 308*1016
  • Amenities Available: Restrictions
  • Estimated Year Built: 1972
  • Class: Multi-Family
  • Complex Name: Mills Mobile Home Park
  • Misc Structural: Sep. Water Meter
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Exterior Features

  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Manufactured Park
  • Parking: Assigned Parking

Utilities

  • Utilities Available: Electricity, Underground Utilities, Water Public
  • Heating Cooling: Central Heat, Forced Air

Schools

  • Elementary School: Socastee Elementary School
  • Middle School: Saint James Middle School
  • High School: Socastee High School

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: TRS & MHP

Multi Family

  • Number Of Units: 50

MLS Schools

  • Elementary School: Socastee Elementary School
  • HighSchool: Socastee High School
  • Middle School: Saint James Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jun 9, 2015
Sold by
Bct Llc
Bought by
Merav Properties Llc
Seller's Agent
John Draughn
CB Sea Coast Commercial
Buyer's Agent
Bonnie Thompson
ICE Mortgage Technology INC
List Price
$1,595,000
Sold Price
$1,200,000
Premium/Discount to List
-$395,000
-24.76%
Total Days on Market
442
Current Estimated Value
$208,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$992,000
Avg. Annual Appreciation
-16.12%

Purchase Details

Closed on
Apr 27, 2004
Sold by
Mills James E
Bought by
Mills James E and Mills Sabrina Kay

Purchase Details

Closed on
Nov 17, 2003
Sold by
Mills James E
Bought by
Bct Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Merav Properties Llc $1,200,000 --
Mills James E -- --
Bct Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merav Properties Llc $335,000
Closed -- $131,000
Previous Owner Bct Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $1,200,000 -24.8% --
05/06/2015 05/06/15 Pending -- -- --
02/18/2014 02/18/14 For Sale $1,595,000 -- --
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 $1,313 $5,293 $1,633 $3,660
2023 $1,313 $5,293 $1,633 $3,660
2021 $1,215 $5,293 $1,633 $3,660
2020 $1,129 $5,293 $1,633 $3,660
2019 $1,129 $5,293 $1,633 $3,660
2018 $1,361 $6,192 $3,000 $3,192
2017 $1,346 $6,192 $3,000 $3,192
2016 -- $6,192 $3,000 $3,192
2015 $1,027 $4,646 $1,454 $3,192
2014 $991 $4,646 $1,454 $3,192
Source: Public Records

Agents Affiliated with this Home

  • John Draughn

    Seller's Agent in 2015

    John Draughn

    CB Sea Coast Commercial

    (843) 903-0731

    2 in this area

    59 Total Sales

    John Draughn
    Section Image
  • Bonnie Thompson

    Buyer's Agent in 2015

    Bonnie Thompson

    ICE Mortgage Technology INC

    (843) 361-0260

    1 in this area

    14 Total Sales

    Bonnie Thompson
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1403539

Coastal Carolinas Association of REALTORS®

APN: 44107040059

South Carolina Horry County Myrtle Beach 29588

3993 Socastee Blvd Unit Mills Mobile Home Pa, Myrtle Beach, SC

Homes for Sale in Myrtle Beach, SC

This home is located at 3993 Socastee Blvd Unit Mills Mobile Home Pa, Myrtle Beach, SC 29588 since 18 February 2014 and is currently estimated at $208,000. This property was built in 1972. 3993 Socastee Blvd Unit Mills Mobile Home Pa is a home located in Horry County with nearby schools including Socastee Elementary School, Forestbrook Middle School, and Socastee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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