J
Seller's Agent in 2021
John DeBerry
Griggs, Floyd, And Grantham In
(843) 621-4085
15 in this area
121 Total Sales
513 S Coit St Florence, SC 29501
Timrod Park Neighborhood
Studio
--
Bath
12,000
Sq Ft
37,026
Sq Ft Lot
About This Home
As of May 202116 Unit Brick Apartment Complex at Timrod Park Four brick buildings on nearly an acre. Long term tenant base in place with excellent occupancy history. Conveniently located in the downtown historic area within walking distance to Timrod Park, Drs. Bruce and Lee Library, FMU Performing Arts Center, The Florence Little Theater, and the Florence Museum. A quick bike ride or direct sidewalk access from the site with pedestrian controlled cross signals to all of the historic downtown attractions, dining, entertainment, employment, the new state of the art Francis Marion Health Sciences Complex Educational facilities and the Florence Darlington Technical College Nursing Program. Zoned for Briggs Elementary School. Rare opportunity for a complex of this size to turnover. Florence rentals are in low supply and high demand, lots of opportunity for a strong long term investment in Florence's most vibrant up and coming historic area.
Last Agent to Sell the Property
Griggs, Floyd, And Grantham In License #41520 Listed on: 10/12/2020
Property Details
Home Type
- Apartment
Year Built
- Built in 1979
Lot Details
- 0.85 Acre Lot
Interior Spaces
- 12,000 Sq Ft Home
- 2-Story Property
Schools
- Briggs Elementary School
- Williams Middle School
- Wilson High School
Community Details
- 16 Units
- City Subdivision
Listing and Financial Details
- Assessor Parcel Number 90075-04-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2020
Closed on
May 25, 2021
Sold by
City Rentals Llc
Bought by
Helpers Llc
Seller's Agent
John DeBerry
Griggs, Floyd, And Grantham In
List Price
$1,185,000
Sold Price
$1,000,000
Premium/Discount to List
-$185,000
-15.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$626,510
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 14, 2016
Sold by
Old Oak Properties Llc
Bought by
City Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
May 15, 2002
Sold by
Ferguson Properties Llc
Bought by
Old Oak Properties Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Helpers Llc | $1,000,000 | None Available | |
| Helpers Llc | $1,000,000 | None Available | |
| City Rentals Llc | $550,000 | -- | |
| City Rentals Llc | $550,000 | -- | |
| Old Oak Properties Llc | $382,772 | -- | |
| Old Oak Properties Llc | $382,772 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Helpers Llc | $700,000 | |
| Previous Owner | City Rentals Llc | $504,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/25/2021 05/25/21 | Sold | $1,000,000 | 0.0% | $83 / Sq Ft |
| 11/13/2020 11/13/20 | Off Market | $1,000,000 | -- | -- |
| 10/12/2020 10/12/20 | For Sale | $1,185,000 | -- | $99 / Sq Ft |
Source: Pee Dee REALTOR® Association
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 | $22,386 | $40,001 | $5,520 | $34,481 |
| 2024 | $20,953 | $40,001 | $5,520 | $34,481 |
| 2023 | $21,333 | $39,861 | $4,800 | $35,061 |
| 2022 | $21,983 | $39,861 | $4,800 | $35,061 |
| 2021 | $12,147 | $33,000 | $0 | $0 |
| 2020 | $12,160 | $33,000 | $0 | $0 |
| 2019 | $11,973 | $33,000 | $0 | $0 |
| 2018 | $11,311 | $33,000 | $0 | $0 |
| 2017 | $11,093 | $33,000 | $0 | $0 |
| 2016 | $7,417 | $23,210 | $0 | $0 |
| 2015 | $7,414 | $23,210 | $0 | $0 |
| 2014 | $7,079 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John DeBerry
Map
Source: Pee Dee REALTOR® Association
MLS Number: 20203234
APN: 90075-04-009
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