NOT LISTED FOR SALE

606 S Coit St Florence, SC 29501

Estimated Value: $108,000 - $175,000

Studio
3 Baths
2,370 Sq Ft
$61/Sq Ft Est. Value

Last Sold January 14, 2019

Last sale price $70,000 $30 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $899/month

569 Days on Market

About This Home

As of January 2019

100% Occupancy - Central, Downtown Location - Located Near Timrod Park

Last Agent to Sell the Property

Chad Yates

Assist 2 Sell, Buyers & Seller License #65067 Listed on: 05/25/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 90088-07-023

Community Details

Overview

  • 3 Units
  • City Subdivision

Building Details

  • Insurance Expense $450
  • Maintenance Expense $2,000
  • Real Estate Tax Expense $1,358
  • Gross Income $15,120
  • Net Operating Income $11,312

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Lvt Date: 05/25/2017
  • Type: Triplex
  • Year Built: 1950
  • Agent Only_ L A1 User Code: 0720
  • Second Address Number: 606
  • Geo Longitude: -79.7693
  • OFFICELIST_STATE: SC
  • FILLSUBDIVISION: CITY
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 29.54
  • Number Of Stories: 2
  • Total Approx Sq Ft: 2370

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Annual Insurance Expense: 450

Schools

  • Elementary School: BRIGGS
  • High School: WILSON
  • Middle School: WILLIAMS

Lot Info

  • Number Of Acres: 0.21
  • Geo Subdivision: SC

Tax Info

  • Tax Map: 90088-07-023

Multi Family

  • Annual Expenses: 3808
  • Gross Annual Income: 15120
  • Net Op Income: 11312
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Marquez Jose Alain
Bought by
Alain Llc
Current Estimated Value
$145,000

Purchase Details

Listed on
May 25, 2017
Closed on
Jan 14, 2019
Sold by
Chandler Investment Properties Inc
Bought by
Marquez Jose Alain
Seller's Agent
Chad Yates
Assist 2 Sell, Buyers & Seller
List Price
$99,900
Sold Price
$70,000
Premium/Discount to List
-$29,900
-29.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$59,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2013
Sold by
Alophelia Investment Llc
Bought by
Chandler Investment Properties Inc

Purchase Details

Closed on
Jan 9, 2007
Sold by
Chandler Investment Properties Inc
Bought by
Chandler Rentals Llc

Purchase Details

Closed on
Aug 23, 2002
Sold by
H & W Properties Llc
Bought by
Chandler Investment Properties Inc
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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Purchase History

Date Buyer Sale Price Title Company
Alain Llc -- None Available
Marquez Jose Alain $70,000 None Available
Chandler Investment Properties Inc -- --
Chandler Rentals Llc -- None Available
Chandler Investment Properties Inc $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marquez Jose Alain $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2019 01/14/19 Sold $70,000 0.0% $30 / Sq Ft
08/02/2018 08/02/18 Off Market $70,000 -- --
05/25/2017 05/25/17 For Sale $99,900 -- $42 / 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 $1,687 $3,463 $1,331 $2,132
2023 $1,499 $2,798 $1,332 $1,466
2022 $1,628 $2,798 $1,332 $1,466
2021 $1,546 $4,200 $0 $0
2020 $1,577 $4,200 $0 $0
2019 $1,554 $4,200 $0 $0
2018 $1,474 $4,250 $0 $0
2017 $1,445 $4,250 $0 $0
2016 $1,358 $4,250 $0 $0
2015 $1,357 $4,250 $0 $0
2014 $1,296 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pee Dee REALTOR® Association

MLS Number: 132673

Pee Dee REALTOR® Association

APN: 90088-07-023