NOT LISTED FOR SALE

730 Coventry Ln Florence, SC 29501

Estimated Value: $164,000 - $253,456

4 Beds
4 Baths
2,300 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $195,000 $85 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,201/month

98 Days on Market

Highlights

  • Brick Veneer
  • Storage
  • Carpet
  • Carver Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of March 2024

Investment opportunity in West Florence. Two-story Duplex in Coventry Place each with 2 bedrooms and 1.5 baths. Has long term tenants one at $895 and the other at $795. May be a touch under rented, but good with long term tenants. Building will generate a solid $20K in rents per year while the regime takes care of the ground maintenance. Regime fee is $160 per unit per month. Income and expense reports for 2022 and 2023 YTD available upon request.

Last Agent to Sell the Property

Joe McMillan

C/b Mcmillan And Assoc. License #19719 Listed on: 10/30/2023

C/b Mcmillan And Assoc.

Last Buyer's Agent

Roberta Gary

Call It Closed International License #84698

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Veneer
  • Composition Shingle

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Storage

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Carver/Moore Elementary School
  • Sneed Middle School
  • West Florence High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for management fee
  • Assessor Parcel Number 00511-01-223

Community Details

Overview

  • 2 Units
  • County Subdivision

Building Details

  • Professional Management Expense $2,028
  • Real Estate Tax Expense $2,427
  • Gross Income $20,280
  • Net Operating Income $15,825

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Construction: Brick Veneer
  • Lvt Date: 11/02/2023
  • Type: Duplex
  • Year Built: 1972
  • Utility Companies: Duke
  • Agent Only_ L A1 User Code: 00688
  • Second Address Number: 730 A & B
  • Geo Longitude: -79.8836123100281
  • OFFICELIST_STATE: SC
  • FILLSUBDIVISION: COUNTY
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 84.78
  • Floors: Carpet, Vinyl, Laminate
  • Number Of Stories: 2
  • Storage: Additional Storage
  • Total Approx Sq Ft: 2300

Exterior Features

  • Roof: Composite Shingle

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Cooling System: Central Air
  • Heating System: Central
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Cable T.V.

Schools

  • Elementary School: CARVER/MOORE
  • High School: WEST FLORENCE
  • Middle School: SNEED

Lot Info

  • Number Of Acres: 0.22
  • Geo Subdivision: SC

Tax Info

  • Tax Map: 00511-01-223

Multi Family

  • Annual Expenses: 4,455
  • Gross Annual Income: 20,280
  • Net Op Income: 15,825
  • Number Of Units: 2
  • Owner Expenses: Management Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Mar 14, 2024
Sold by
Carroll Charlie Lee Thomas
Bought by
Advanced Properties Of Sc Llc
Seller's Agent
Joe McMillan
C/b Mcmillan And Assoc.
Buyer's Agent
Roberta Gary
Call It Closed International
List Price
$197,500
Sold Price
$195,000
Premium/Discount to List
-$2,500
-1.27%
Views
26
Current Estimated Value
$196,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,614
Avg. Annual Appreciation
0.45%
Original Mortgage
$146,250
Outstanding Balance
$143,817
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$52,797
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
Advanced Properties Of Sc Llc $195,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Advanced Properties Of Sc Llc $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $195,000 -1.3% $85 / Sq Ft
10/30/2023 10/30/23 For Sale $197,500 -- $86 / 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 $2,196 $5,272 $560 $4,712
2023 $1,939 $3,800 $560 $3,240
2022 $2,202 $3,800 $560 $3,240
2021 $2,017 $5,700 $0 $0
2020 $2,104 $5,700 $0 $0
2019 $2,106 $5,700 $0 $0
2018 $1,990 $5,700 $0 $0
2017 $1,930 $5,700 $0 $0
2016 $1,735 $5,700 $0 $0
2015 $1,721 $5,700 $0 $0
2014 $1,660 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe McMillan

    Seller's Agent in 2024

    Joe McMillan

    C/b Mcmillan And Assoc.

    (843) 601-7710

    125 Total Sales

    Joe McMillan
    Section Image

  • R

    Buyer's Agent in 2024

    Roberta Gary

    Call It Closed International

    (336) 303-5037

    26 Total Sales

    Roberta Gary
    Section Image
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Map

Source: Pee Dee REALTOR® Association

MLS Number: 20233721

Pee Dee REALTOR® Association

APN: 00511-01-223

South Carolina Florence County Florence 29501

730 Coventry Ln, Florence, SC

Not Listed for Sale

MultiFamily

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