NOT LISTED FOR SALE

405 Cambridge Cir Unit B1 Murrells Inlet, SC 29576

Estimated Value: $98,000 - $110,000

1 Bed
1 Bath
560 Sq Ft
$145/mo HOA Fee

Last Sold September 30, 2016

Last sale price $37,500 $67 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $771/month

60 Days on Market

Highlights

  • End Unit
  • Central Heating and Cooling System
  • Carpet
  • Seaside Elementary Rated A-
  • Door to Door Trash Pickup

About This Home

As of September 2016

Investor Alert - Tenant on lease until May 31, 2017. This 1BR/1BA condo is a 1st floor end unit. Conveniently located in Garden City close to retail, restaurants and the beach. Buyer must honor lease and property management agreement.

Last Listed By

Bob Zeller

RE/MAX Southern Shores GC License #32201 Listed on: 07/11/2016

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • End Unit

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • 560 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, landscape/lawn, insurance
  • Low-Rise Condominium

Amenities

  • Door to Door Trash Pickup

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Unit Location: End Unit
  • Amenities Available: Restrictions, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup
  • Estimated Year Built: 1984
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 145
  • HOA Management Company: Brandon 704-836-6002
  • Lvt Date: 07/11/2016
  • Sold Total Heated Sq Ft: 560
  • Sold Total Sq Ft: 560
  • Total Heated Sq Ft: 560
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Outside City Limits
  • Gross Annual Rental Incom: $7500
  • HOA Fees include insurance: Yes
  • Project Section Code: Cambridge Place - Garden City
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Kitchen Type: Dishwasher, Refrigerator, Range, Oven
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 560

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Condo

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Landscape/Lawn, Insurance

Schools

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

Lot Info

  • Zoning: MF

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Oct 28, 2016
Sold by
Lynn Matie Cunningham
Bought by
Torres Mercedes
Seller's Agent
Bob Zeller
RE/MAX Southern Shores GC
Buyer's Agent
Jan Buess
CB Sea Coast Advantage MI
List Price
$44,500
Sold Price
$37,500
Premium/Discount to List
-$7,000
-15.73%
Total Days on Market
60
Current Estimated Value
$103,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,439
Avg. Annual Appreciation
12.46%
Original Mortgage
$93,000
Outstanding Balance
$75,771
Interest Rate
3.47%
Estimated Equity
$27,561

Purchase Details

Listed on
Jul 11, 2016
Closed on
Sep 30, 2016
Sold by
Shirazi Zuher
Bought by
Powell Brian
Seller's Agent
Bob Zeller
RE/MAX Southern Shores GC
Buyer's Agent
Jan Buess
CB Sea Coast Advantage MI
List Price
$44,500
Sold Price
$37,500
Premium/Discount to List
-$7,000
-15.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Outstanding Balance
$75,771
Interest Rate
3.47%
Estimated Equity
$27,561

Purchase Details

Closed on
Jan 15, 2016
Sold by
Abdi Hasnain S
Bought by
Shirazi Zuher

Purchase Details

Closed on
Apr 1, 2002
Sold by
Moliterno Francis R and Moliterno Valerie
Bought by
Abdi Hasnain Sayed

Purchase Details

Closed on
Oct 1, 1999
Sold by
Perkins David and Cann Jane
Bought by
Anthony Dennis R and Anthony Becky L

Range of Values:

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Average Value
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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
Torres Mercedes -- --
Powell Brian $37,500 --
Shirazi Zuher $30,000 --
Abdi Hasnain Sayed $26,700 --
Anthony Dennis R $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Mercedes $93,000
Closed Torres Mercedes --
Previous Owner Thompson Brandon Lee $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $37,500 -15.7% $67 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $44,500 -- $79 / 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 -- $4,200 $0 $4,200
2023 $603 $4,200 $0 $4,200
2021 $579 $4,200 $0 $4,200
2020 $521 $4,200 $0 $4,200
2019 $521 $4,200 $0 $4,200
2018 $0 $3,675 $0 $3,675
2017 -- $2,100 $0 $2,100
2016 -- $1,800 $0 $1,800
2015 $128 $1,200 $0 $1,200
2014 $115 $1,200 $0 $1,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1614199

Coastal Carolinas Association of REALTORS®

APN: 46216010071