NOT LISTED FOR SALE

507 Lory Ct Ladson, SC 29456

Estimated Value: $277,000 - $412,000

5 Beds
4 Baths
2,354 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $218,000 $93 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,344/month

7 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Fort Dorchester High School Rated A-
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2019

GREAT INVESTMENT OPPORTUNITY! Rental duplex in Oakbrook area of Dorchester County with wonderful tenants in place. Income producing potential from the get-go. Unit A is 2 bedroom, 1.5 baths and rents for $850/month. Unit B is 3 bedrooms and 2 baths and rents for $925. Wood burning fireplace on both sides. Ceramic tile in foyer, bathrooms and kitchen. Vaulted ceilings in den make this duplex feel very spacious. Potential for higher rent, as duplex next door at 153 Hummingbird just closed and each side rents for $950 per unit, for 2 bedroom/1.5 baths without fireplace or vaulted ceilings. Unit A is on 1-year lease until April 30, 2020. Unit B is on a 1-year lease until August 31, 2020. Separate laundry room with washer and dryer connections.New roof with architectural shingles in Feb 2017Duplex is being sold in ''AS IS'' condition.Owner is a licensed real estate agent. Tenants rights will transfer with sale, as will security deposits.

Last Agent to Sell the Property

Andy Green

Century 21 Properties Plus License #90115 Listed on: 08/22/2019

Century 21 Properties Plus

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • 2,354 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dishwasher
  • Dryer Hookup

Schools

  • Oakbrook Elementary And Middle School
  • Ft. Dorchester High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 2 Units
  • Plantation Ridge Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1985
  • Lot Size Acres: 0.2
  • Subdivision Name: Plantation Ridge
  • Directions: Dorchester Rd To Parlor Rd. Left Onto Hummingbird Ave. Lory Will Be On The Right.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 5
  • Entry Location: Ground Level
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Roof: Architectural
  • Construction Type: Brick Veneer, Wood Siding
  • Foundation Details: Slab
  • Property Condition: Pre-Owned

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Other (Use Remarks)

Utilities

  • Laundry Features: Dryer Connection
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Oakbrook
  • High School: Ft. Dorchester
  • Middle Or Junior School: Oakbrook

Lot Info

  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Palmetto Oak Realty Llc
Bought by
Cravey Noah Andrew
Current Estimated Value
$355,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,105
Outstanding Balance
$284,033
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$71,783

Purchase Details

Listed on
Aug 22, 2019
Closed on
Sep 25, 2019
Sold by
Parham Martin and Parham Silviane
Bought by
Palmetto Oak Realty Llc
Seller's Agent
Andy Green
Century 21 Properties Plus
Sold Price
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$152,600
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2002
Sold by
Krane Klaus D
Bought by
Parham Martin and Parham Silviane
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
Cravey Noah Andrew $319,900 First American Mortgage Sln
Palmetto Oak Realty Llc $218,000 None Available
Parham Martin $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cravey Noah Andrew $314,105
Previous Owner Palmetto Oak Realty Llc $152,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $218,000 -- $93 / Sq Ft
Source: CHS Regional MLS

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
2025 $5,459 $13,710 $6,500 $7,210
2024 $5,375 $13,710 $6,500 $7,210
2023 $5,375 $10,139 $1,500 $8,639
2022 $4,802 $22,370 $2,400 $19,970
2021 $4,904 $12,950 $1,800 $11,150
2020 $4,717 $8,800 $790 $8,010
2019 $3,625 $8,800 $790 $8,010
2018 $3,122 $8,800 $790 $8,010
2017 $3,112 $8,800 $790 $8,010
2016 $3,067 $8,800 $790 $8,010
2015 $3,062 $8,800 $790 $8,010
2014 $2,640 $127,650 $0 $0
2013 -- $7,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 19024399

CHS Regional MLS

APN: 162-05-08-032