$140,000
SOLD MAY 12, 2023

740 Highway 701 N Loris, SC 29569

2 Beds
1.5 Baths
1,400 Sq Ft
0.66 Acres

Recently Sold

$100 Per Sq Ft

7% Below List Price

18 Days on Market

About This Home

As of November 2023

Investment Opportunity. Located on Hwy 701 between Loris and Tabor City just off Hwy 9 bypass making this potential for commercial and residential. Home has been rented and recently had work completed with new windows, HVAC, Sheet rock and other upgrades, waiting on you to complete and make it yours. Home is being sold AS IS.

Last Agent to Sell the Property

Loretta Smith

Ace Realty, LLC License #5323 Listed on: 03/16/2023

Co-Listed By

Bobby Bruton

Ace Realty, LLC License #58132

Last Buyer's Agent

Bobby Bruton

Ace Realty, LLC License #58132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 1939

Lot Details

  • 0.66 Acre Lot
  • Rectangular Lot
  • Irregular Lot
  • Property is zoned TRS

Parking

  • Carport

Home Design

  • 1,400 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Loris Elementary School
  • Loris Middle School
  • Loris High School

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,924

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Rectangular, Irregular
  • Estimated Year Built: 1939
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 03/19/2023
  • Sold Total Heated Sq Ft: 1400
  • Sold Total Sq Ft: 1800
  • Style: Ranch
  • Type Of Parking: Carport
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1400
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Sq Ft: 1800

Exterior Features

  • Exterior Finish: Brick Veneer
  • Number Of Acres: 0.66

Garage/Parking

  • Type: Detached

Schools

  • Elementary School: Loris Elementary School
  • Middle School: Loris Middle School
  • High School: Loris High School

Lot Info

  • Zoning: TRS

MLS Schools

  • Elementary School: Loris Elementary School
  • HighSchool: Loris High School
  • Middle School: Loris Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Nov 20, 2023
Sold by
Bishop Electrical Llc
Bought by
Maza Luz Adriana Torres
Seller's Agent
DAmbrah King
INNOVATE Real Estate
Buyer's Agent
Mayra Zayago Baca
Realty ONE Group Dockside
List Price
$139,900
Sold Price
$199,999
Premium/Discount to List
$60,099
42.96%
Views
504
Current Estimated Value
$220,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,180
Avg. Annual Appreciation
6.27%
Original Mortgage
$115,950
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 10, 2023
Sold by
Chen Mei Chan
Bought by
Bishop Electrical Llc
Seller's Agent
Loretta Smith
Ace Realty, LLC
Buyer's Agent
Bobby Bruton
Ace Realty, LLC
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.00%
Original Mortgage
$136,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2010
Closed on
Nov 12, 2013
Sold by
Faircloth James Richard
Bought by
Chen Mei Chan
Seller's Agent
Bobby Bruton
Ace Realty, LLC
Buyer's Agent
Kenneth Nance
Sea Oats Real Estate
List Price
$155,000
Sold Price
$85,000
Premium/Discount to List
-$70,000
-45.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $199,999 --
Warranty Deed $140,000 --
Deed $85,000 --
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 New Conventional
Closed $115,950 New Conventional
Previous Owner $136,000 New Conventional
Previous Owner $207,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $199,999 0.0% $143 / Sq Ft
10/10/2023 10/10/23 Price Changed $199,999 -7.0% $143 / Sq Ft
10/06/2023 10/06/23 Price Changed $215,000 -1.8% $154 / Sq Ft
07/08/2023 07/08/23 Price Changed $219,000 -4.7% $156 / Sq Ft
07/02/2023 07/02/23 Price Changed $229,900 -4.2% $164 / Sq Ft
06/23/2023 06/23/23 Price Changed $239,900 +71.5% $171 / Sq Ft
06/23/2023 06/23/23 For Sale $139,900 -0.1% $100 / Sq Ft
05/12/2023 05/12/23 Sold $140,000 -6.6% $100 / Sq Ft
03/16/2023 03/16/23 For Sale $149,900 +76.4% $107 / Sq Ft
11/12/2013 11/12/13 Sold $85,000 -45.2% $77 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
07/08/2010 07/08/10 For Sale $155,000 -- $141 / 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 $2,924 $4,599 $1,950 $2,649
2023 $2,924 $4,599 $1,950 $2,649
2021 $1,404 $6,939 $1,300 $5,639
2020 $988 $6,939 $1,300 $5,639
2019 $988 $6,939 $1,300 $5,639
2018 $0 $4,870 $1,310 $3,560
2017 $880 $4,870 $1,310 $3,560
2016 -- $4,870 $1,310 $3,560
2015 $880 $2,666 $1,310 $3,560
2014 $851 $2,666 $1,310 $3,560
Source: Public Records

Agents Affiliated with this Home

  • Loretta Smith

    Seller's Agent in 2023

    Loretta Smith

    Ace Realty, LLC

    (843) 283-6551

    117 Total Sales

    Loretta Smith
    Section Image
  • DAmbrah King

    Seller's Agent in 2023

    DAmbrah King

    INNOVATE Real Estate

    (843) 424-5444

    126 Total Sales

    DAmbrah King
    Section Image

  • B

    Seller Co-Listing Agent in 2023

    Bobby Bruton

    Ace Realty, LLC

    (843) 340-7849

    5 Total Sales

    Bobby Bruton
    Section Image
  • Mayra Zayago Baca

    Buyer's Agent in 2023

    Mayra Zayago Baca

    Realty ONE Group Dockside

    15 Total Sales

    Mayra Zayago Baca
    Section Image
  • Kenneth Nance

    Buyer's Agent in 2013

    Kenneth Nance

    Sea Oats Real Estate

    (910) 207-2948

    103 Total Sales

    Kenneth Nance
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2305198

Coastal Carolinas Association of REALTORS®

APN: 17605030006

South Carolina Horry County Loris 29569

740 Highway 701 N, Loris, SC

This home is located at 740 Highway 701 N, Loris, SC 29569 and is currently priced at $140,000, approximately $100 per square foot. This property was built in 1939. 740 Highway 701 N is a home located in Horry County with nearby schools including Loris Elementary School, Loris Middle School, and Loris High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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