NOT LISTED FOR SALE

409 Cambridge Cir Murrells Inlet, SC 29576

Estimated Value: $507,173 - $786,000

3 Beds
2 Baths
6,592 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $370,000 $56 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,948/month

179 Days on Market

About This Home

As of February 2017

Great 8 unit apartment building located in Garden City beach in the Jamestown community. Easy access to beaches, restaurants and shopping. 100% occupied. 4- 1 bedroom units and 4- 2 bedroom units. All units are individually metered for electricity and have their own HVAC systems and water heaters. Each unit is equipped with a range, dishwasher, range hood, refrigerator, washer and dryer. Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Christopher Hanna

CB Sea Coast Advantage CF License #12631 Listed on: 07/01/2016

Last Buyer's Agent

David Levy

Beach & Forest Realty License #80072

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1981

Lot Details

  • 8,276

Home Design

  • 6,592 Sq Ft Home
  • Wood Frame Construction

Schools

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

Additional Features

  • Outside City Limits
  • Central Heating and Cooling System

Community Details

  • 8 Units
  • Cambridge Condos

Property Details

Home Type

Apartment

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 1981
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 06/30/2016
  • Total Heated Sq Ft: 6592
  • One Bedroom Rent Range: 525-550
  • Two Bedroom Rent Range: 600-675
  • Complex Name: Cambridge
  • Estimated Gross Scheduled Rent: 56,400
  • Estimated Operating Expense: 13,640
  • Misc Structural: Indiv. Heat & Air, Individual Water Heater, Sep. Electric Meter
  • Number1 Br Units: 4
  • Number2 Br Units: 4
  • Utilities Owner Pays: Trash, Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Jamestown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Interior Features

  • Total Sq Ft: 6600

Exterior Features

  • Exterior Finish: Wood Frame

Garage/Parking

  • Type: Apartments

Utilities

  • Heating Cooling: Central Air, Central Heat

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: MF

Multi Family

  • Number Of Units: 8

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 1, 2016
Closed on
Feb 27, 2017
Sold by
Ridge Line Development Llc
Bought by
409 Floyd Cambridge Ltd Co
Seller's Agent
Christopher Hanna
CB Sea Coast Advantage CF
Buyer's Agent
David Levy
Beach & Forest Realty
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Current Estimated Value
$651,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,293
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Jul 8, 2015
Sold by
Cambridge Building C Llc
Bought by
Ridge Line Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 27, 2012
Sold by
Novas Paul D
Bought by
Cambridge Building C Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
409 Floyd Cambridge Ltd Co $370,000 None Available
Ridge Line Development Llc $325,000 --
Cambridge Building C Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ridge Line Development Llc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $370,000 -12.9% $56 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $425,000 -- $64 / 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 $6,300 $42,756 $10,080 $32,676
2023 $6,300 $26,013 $3,402 $22,611
2021 $5,404 $26,322 $3,402 $22,920
2020 $5,212 $26,322 $3,402 $22,920
2019 $5,212 $26,322 $3,402 $22,920
2018 $4,697 $22,620 $3,180 $19,440
2017 $4,138 $19,980 $3,180 $16,800
2016 $0 $19,980 $3,180 $16,800
2015 -- $19,980 $3,180 $16,800
2014 $3,562 $19,980 $3,180 $16,800
Source: Public Records

Agents Affiliated with this Home

  • Christopher Hanna

    Seller's Agent in 2017

    Christopher Hanna

    CB Sea Coast Advantage CF

    (843) 251-5710

    3 in this area

    189 Total Sales

    Christopher Hanna
    Section Image

  • D

    Buyer's Agent in 2017

    David Levy

    Beach & Forest Realty

    (843) 446-3412

    17 Total Sales

    David Levy
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1613546

Coastal Carolinas Association of REALTORS®

APN: 46216010068

South Carolina Horry County Murrells Inlet 29576

409 Cambridge Cir, Murrells Inlet, SC

Not Listed for Sale

MultiFamily

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.

Nearby Homes