NOT LISTED FOR SALE

740 Gumbo Limbo Ln Myrtle Beach, SC 29579

Estimated Value: $212,000 - $216,000

3 Beds
2 Baths
1,000 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $105,000 $105 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,290/month

About This Home

As of August 2019

This home is located at 740 Gumbo Limbo Ln, Myrtle Beach, SC 29579 since 20 June 2019 and is currently estimated at $214,037, approximately $214 per square foot. This property was built in 1974. 740 Gumbo Limbo Ln is a home located in Horry County with nearby schools including Forestbrook Elementary School, Forestbrook Middle School, and Socastee High School.

Last Agent to Sell the Property

John Bessinger

Realty ONE Group Dockside License #39804 Listed on: 06/20/2019

Realty ONE Group Dockside

Last Buyer's Agent

John Bessinger

Realty ONE Group Dockside License #39804 Listed on: 06/20/2019

Realty ONE Group Dockside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1974

Parking

  • Driveway

Home Design

  • 1,000 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Forestbrook Elementary School
  • Forestbrook Middle School
  • Socastee High School

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Estimated Year Built: 1974
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 08/17/2019
  • Sold Total Heated Sq Ft: 1000
  • Sold Total Sq Ft: 1100
  • Style: Ranch
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 1000
  • Geo Subdivision: SC
  • Section Subdivision: Tarpon Bay
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Sq Ft: 1100

Garage/Parking

  • Type: Detached

Schools

  • Elementary School: Forestbrook Elementary School
  • Middle School: Forestbrook Middle School
  • High School: Socastee High School

Lot Info

  • Zoning: res

MLS Schools

  • Elementary School: Forestbrook Elementary School
  • HighSchool: Socastee High School
  • Middle School: Forestbrook Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 14, 2019
Sold by
Wilson Sheri L
Bought by
Peryer Michael S
Seller's Agent
John Bessinger
Realty ONE Group Dockside
Buyer's Agent
John Bessinger
Realty ONE Group Dockside
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$214,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,037
Avg. Annual Appreciation
11.32%
Original Mortgage
$84,000
Outstanding Balance
$74,501
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$126,426

Purchase Details

Closed on
Dec 19, 2012
Sold by
Wilson Joel
Bought by
Wilson Joel

Purchase Details

Listed on
Jun 14, 2012
Closed on
Oct 4, 2012
Sold by
Bank Of Ny Mellon
Bought by
Wilson Joel
Seller's Agent
Shirley Terry
RE/MAX Ocean Forest
Buyer's Agent
Shirley Terry
RE/MAX Ocean Forest
List Price
$27,900
Sold Price
$25,000
Premium/Discount to List
-$2,900
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%

Purchase Details

Closed on
May 24, 2012
Sold by
Master In Equity Horry County
Bought by
Bank Of Ny

Purchase Details

Closed on
Nov 6, 2002
Sold by
Spurlin James H
Bought by
Spurlin James H and Spurlin Rachel R

Purchase Details

Closed on
Oct 30, 2000
Sold by
Gillen James M and Gillen Rebecca L
Bought by
Spurlin James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage
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
Peryer Michael S $105,000 --
Wilson Joel -- --
Wilson Joel $25,000 --
Bank Of Ny $2,500 --
Spurlin James H -- --
Spurlin James H $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peryer Michael S $84,000
Previous Owner Spurlin James H $127,500
Previous Owner Spurlin James H $8,666
Previous Owner Spurlin James H $75,500
Previous Owner Spurlin James H $73,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $105,000 0.0% $105 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $105,000 +320.0% $105 / Sq Ft
10/10/2012 10/10/12 Sold $25,000 -10.4% $24 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $27,900 -- $27 / Sq Ft
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 $1,506 $11,294 $5,417 $5,877
2023 $1,506 $6,131 $1,595 $4,536
2021 $1,393 $6,131 $1,595 $4,536
2020 $1,302 $6,131 $1,595 $4,536
2019 $1,062 $6,131 $1,595 $4,536
2018 $0 $4,310 $1,802 $2,508
2017 $946 $4,310 $1,802 $2,508
2016 -- $4,310 $1,802 $2,508
2015 $946 $4,310 $1,802 $2,508
2014 $915 $4,310 $1,802 $2,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1918024

Coastal Carolinas Association of REALTORS®

APN: 41713040036