NOT LISTED FOR SALE

7251 Highway 707 Unit 6.30 Acres Myrtle Beach, SC 29588

Estimated Value: $338,000 - $1,093,000

6.3 Acres
$117,452 Price per Acre
274,428 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $1,100,000

Est. 33% decrease in value since last sale

Current estimated payment $4,490/month

189 Days on Market

Highlights

  • 6.3 Acre Lot
  • Wooded Lot
  • Timber
  • Burgess Elementary School Rated A-

About This Lot

As of October 2021

This property allows a lot of commercial uses in a fast growing area. The property could be subdivide and the frontage is around 475' feet. The water and sewer are at the property and the traffic count is around 25,000 cars per day.

Last Agent to Sell the Property

Marvin Heyd

BHHS Myrtle Beach Real Estate License #13614 Listed on: 12/21/2020

BHHS Myrtle Beach Real Estate

Last Buyer's Agent

Marvin Heyd

BHHS Myrtle Beach Real Estate License #13614 Listed on: 12/21/2020

BHHS Myrtle Beach Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,798

Lot Details

  • 6.3 Acre Lot
  • Property fronts a state road
  • Wooded Lot
  • Property is zoned RE4

Additional Features

  • Outside City Limits
  • Timber
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$6,798

Lot Details

0

Listing Details

  • Lot Description: Wooded
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 12/21/2020
  • Estm Road Frontage: 475
  • Previous Tax Mapnumber: 1850002015
  • Additional Information: Timber
  • Estimated Lot Size: 5-10 Acres
  • Residence: Land Only
  • Road Access: State Road
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Gas, Water, Sewer, Phone, Tv Cable, Underground, Utilities
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 6.3

Garage/Parking

  • Type: Acreage

Utilities

  • Water: Public

Schools

  • Elementary School: Saint James Elementary School
  • Middle School: Saint James Intermediate School
  • High School: Saint James High School

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: RE4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Oct 13, 2021
Sold by
Rental Connection Llc
Bought by
Amerco Real Estate Company
Seller's Agent
Marvin Heyd
BHHS Myrtle Beach Real Estate
Buyer's Agent
Marvin Heyd
BHHS Myrtle Beach Real Estate
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Current Estimated Value
$739,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$360,054
Avg. Annual Appreciation
-9.44%

Purchase Details

Closed on
Nov 11, 2019
Sold by
Huff Lila Mae O
Bought by
Rental Connection Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2016
Sold by
Huff Lila M O
Bought by
Huff Lila M O

Purchase Details

Closed on
Feb 22, 2007
Sold by
Huff Lila Mae O
Bought by
Raptis Co Llc

Purchase Details

Closed on
Jul 16, 1999
Sold by
Huff Lila Mae O
Bought by
Hucks M Timothy and Hucks Sylvia H
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
Amerco Real Estate Company $1,100,000 --
Rental Connection Llc $485,000 --
Huff Lila M O -- --
Raptis Co Llc $464,538 None Available
Hucks M Timothy $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rental Connection Llc $363,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $1,100,000 -7.9% --
12/21/2020 12/21/20 For Sale $1,195,000 -- --
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 $6,798 $32,603 $31,860 $743
2023 $6,798 $28,697 $28,289 $408
2021 $14,284 $28,761 $28,353 $408
2020 $5,931 $28,761 $28,353 $408
2019 $1,882 $10,370 $10,370 $0
2018 $0 $7,811 $7,811 $0
2017 $1,688 $7,811 $7,811 $0
2016 -- $7,811 $7,811 $0
2015 $1,703 $7,812 $7,812 $0
2014 $1,646 $7,812 $7,812 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2026565

Coastal Carolinas Association of REALTORS®

APN: 44807010057