NOT LISTED FOR SALE

7862 Highway 544 Myrtle Beach, SC 29588

Estimated Value: $154,848

4 Beds
3 Baths
2,001 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $85,000 $42 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,122/month

153 Days on Market

Highlights

  • 0.6 Acre Lot
  • Recreation Room
  • Ranch Style House
  • Forestbrook Elementary School Rated A
  • Soaking Tub in Primary Bathroom
  • Den

About This Home

As of October 2015

If you are not afraid of a project, here is your chance to own your own home, have room for commercial use and have a separate rental unit or mother in law suite all on the same property. The location on Highway 544 makes this a prime opportunity as this area is growing and you have an opportunity to get in at a great price. The home needs significant amount of work, but is priced with that in mind and for the mixed use zoning of this lot you are getting a lot for the money. Call your agent today for your own showing.

Last Agent to Sell the Property

Tom Richards

CENTURY 21 Boling & Associates License #45035 Listed on: 05/01/2015

Last Buyer's Agent

Denise Parker

DAP of MB LLC License #22322

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,072

Year Built

  • Built in 1964

Lot Details

  • 0.6 Acre Lot
  • Fenced
  • Rectangular Lot
  • Property is zoned Mixed Use

Parking

  • 1 Car Detached Garage
  • Converted Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction

Interior Spaces

  • 2,001 Sq Ft Home
  • Dining Area
  • Den
  • Recreation Room
  • Workshop
  • Crawl Space
  • Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Soaking Tub in Primary Bathroom

Outdoor Features

  • Front Porch

Schools

  • Palmetto Bays Elementary School
  • Forestbrook Middle School
  • Socastee High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,072

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Lot Description: 1 Or More Acres, Rectangular
  • Four Sided Lot Measurement: 110 X 269 X 100 X 319
  • Estimated Year Built: 1964
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • HOA Management Company: No HOA
  • Sold Total Heated Sq Ft: 2001
  • Sold Total Sq Ft: 2200
  • Style: Ranch
  • Type Of Parking: Detached 1-Car
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 2001
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Interior Amenities: Wshr/Dryer Connection
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Converted Garage, Den/Study/Library, Recreation Room, Workshop
  • Primary Bathroom: Tub
  • Kitchen Type: Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 4
  • Dining Room Type: Area
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 2200

Exterior Features

  • Exterior Features: Front Porch, Fencing
  • Exterior Finish: Wood Frame
  • Foundation: Crawl
  • Number Of Acres: 0.6

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Septic, Sewer, Telephone, Water Public

Schools

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

Lot Info

  • Zoning: Mixed Use

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Oct 9, 2015
Sold by
Us Rof Iii Lega Trust 2015-1
Bought by
Grissom Parkway Holdings Llc
Seller's Agent
Tom Richards
CENTURY 21 Boling & Associates
Buyer's Agent
Denise Parker
DAP of MB LLC
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Total Days on Market
153
Current Estimated Value
$154,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,848
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Feb 12, 2015
Sold by
Ohlsson Terry E and Case #11-Cp-26-6131
Bought by
Prof-2013-S3 Reo I Llc
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 Buyer Sale Price Title Company
Grissom Parkway Holdings Llc $85,000 --
Prof-2013-S3 Reo I Llc $114,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohlsson Terry E $166,500
Previous Owner Ohlsson Terry $111,000
Previous Owner Ohlsson Terry E $75,000
Previous Owner Ohlsson Terry E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $85,000 -14.9% $42 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $99,900 -- $50 / 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 $3,072 $12,861 $8,530 $4,331
2023 $3,072 $12,861 $8,530 $4,331
2021 $2,843 $17,653 $11,527 $6,126
2020 $3,095 $17,653 $11,527 $6,126
2019 $2,691 $17,653 $11,527 $6,126
2018 $0 $11,184 $7,410 $3,774
2017 $2,413 $11,184 $7,410 $3,774
2016 $0 $11,184 $7,410 $3,774
2015 -- $11,184 $7,410 $3,774
2014 $905 $11,184 $7,410 $3,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1509004

Coastal Carolinas Association of REALTORS®

APN: 42912010001