NOT LISTED FOR SALE

406 Park Ave Florence, SC 29501

Timrod Park Neighborhood

Estimated Value: $202,000 - $261,000

6 Beds
3 Baths
2,544 Sq Ft
$91/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $154,900 $61 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,591/month

26 Days on Market

About This Home

As of October 2018

Keys at IPM. Contact Jennifer Stone for access 843-992-8658. Requires 24 Hour notice.

Last Agent to Sell the Property

Ashley Drayton

Drayton Realty Group License #81428 Listed on: 08/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,953

Year Built

  • Built in 1930

Lot Details

  • 0.32

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Schools

  • Briggs Elementary School
  • Williams Middle School
  • Wilson High School

Additional Features

  • 0.32 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for management fee, taxes
  • Assessor Parcel Number 90063-04-004

Community Details

Overview

  • 2 Units
  • City Subdivision

Building Details

  • Professional Management Expense $1,680
  • Real Estate Tax Expense $2,082
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,953

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Construction: Aluminum/Vinyl Sid.
  • Lvt Date: 08/25/2018
  • Type: Duplex
  • Year Built: 1930
  • Utility Companies: Duke Energy
  • Agent Only_ L A1 User Code: 4128
  • Second Address Number: 406
  • Geo Longitude: -79.777873
  • OFFICELIST_STATE: SC
  • FILLSUBDIVISION: CITY
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 60.89
  • Floors: Carpet, Laminate, Wood
  • Number Of Stories: 2
  • Total Approx Sq Ft: 2544

Exterior Features

  • Roof: Architectural Shingle

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Off Street

Utilities

  • Cooling System: Central Air
  • Heating System: Central
  • Sewer: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Briggs
  • Middle School: Williams
  • High School: Wilson
  • Elementary School: BRIGGS
  • High School: WILSON
  • Middle School: WILLIAMS

Lot Info

  • Number Of Acres: 0.32
  • Geo Subdivision: SC

Tax Info

  • Tax Map: 90063-04-004

Multi Family

  • Gross Annual Income: 24000
  • Number Of Units: 2
  • Owner Expenses: Management Fee, Taxes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2021
Sold by
High Potential Real Estate Llc
Bought by
Robinson Matthew
Current Estimated Value
$231,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Outstanding Balance
$129,690
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$107,441

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 19, 2018
Sold by
Roy James Dawn and Roy James
Bought by
High Potemtial Real Estate Llc
Seller's Agent
Ashley Drayton
Drayton Realty Group
List Price
$172,900
Sold Price
$154,900
Premium/Discount to List
-$18,000
-10.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$131,665
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
James Roy
Bought by
James Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,875
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Maverick Developer Llc
Bought by
James Roy

Purchase Details

Closed on
May 10, 2004
Sold by
Fields Jeff and Fields Erma
Bought by
Maverick Developer
Source: Public Records

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
Robinson Matthew $188,000 None Available
High Potemtial Real Estate Llc $154,900 None Available
James Dawn -- --
James Roy -- --
Maverick Developer $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Matthew $141,000
Previous Owner High Potemtial Real Estate Llc $131,665
Previous Owner James Dawn $90,875
Previous Owner James Roy M $93,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $154,900 -10.4% $61 / Sq Ft
08/24/2018 08/24/18 For Sale $172,900 -- $68 / Sq Ft
Source: Pee Dee REALTOR® Association

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 $3,953 $7,548 $720 $6,828
2023 $4,000 $7,475 $720 $6,755
2022 $4,055 $7,475 $720 $6,755
2021 $3,353 $9,110 $0 $0
2020 $3,233 $9,110 $0 $0
2019 $3,181 $9,110 $0 $0
2018 $2,124 $6,300 $0 $0
2017 $2,082 $6,300 $0 $0
2016 $2,014 $6,300 $0 $0
2015 $2,013 $6,300 $0 $0
2014 $1,922 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Drayton

    Seller's Agent in 2018

    Ashley Drayton

    Drayton Realty Group

    (843) 407-5232

    7 in this area

    231 Total Sales

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Map

Source: Pee Dee REALTOR® Association

MLS Number: 138353

Pee Dee REALTOR® Association

APN: 90063-04-004

South Carolina Florence County Florence 29501 Timrod Park

406 Park Ave, Florence, SC

This home is located at 406 Park Ave, Florence, SC 29501 since 24 August 2018 and is currently estimated at $231,569, approximately $91 per square foot. This property was built in 1930. 406 Park Ave is a home located in Florence County with nearby schools including Briggs Elementary School, Williams Middle School, and Wilson 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.

Pee Dee REALTOR® Association IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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