NOT LISTED FOR SALE

812 Sandy Bay Rd Kingstree, SC 29556

-- Bed
-- Bath
8,126 Sq Ft
0.96 Acres

Last Sold November 22, 2022

Last sale price $400,000 $49 Per Sq Ft

Highlights

  • 0.96 Acre Lot
  • Tile Flooring
  • Electric Baseboard Heater
  • Window Unit Cooling System
  • Central Heating and Cooling System

About This Home

As of November 2022

100% Occupancy! This a rare opportunity to own Sandy Bay Apartments with a large welcoming open courtyard. There is substantial room for value-add opportunity, as several long-term tenants are below market rent. The portfolio includes 808 Sandy Bay Road, 812 Sandy Bay Road, and 100 Swails Street. Originally constructed in 1973, 808 Sandy Bay Road comprised four units with 3366 sq ft. 812 Sandy Bay Road consists of two units totaling 1596 sq ft. 100 Swails Street is located on a corner lot consisting of four units averaging 3164 sq ft. All utilities are separately metered, including water and sewer, which immediately reduces the typical market expense burden for the new property owner.

Last Agent to Sell the Property

Melissa Floyd

Real Estate Direct License #98970 Listed on: 08/19/2022

Last Buyer's Agent

Melissa Floyd

Real Estate Direct License #98970 Listed on: 08/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1973

Lot Details

  • 0.96 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 8,126 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Schools

  • Wm Anderson Elementary School
  • Kingstree Jr Hi Middle School
  • Kingstree High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Electric Baseboard Heater

Community Details

  • 10 Units
  • County Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11022026, 027, and 028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,781

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub-Type: Apartment Complex
  • PropertyType: Residential Income
  • Lot Size Acres: 0.96
  • MLS Status: Sold
  • Subdivision Name: County
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Stories: 2

Exterior Features

  • Roof: Architectural Shingle
  • Construction Type: Brick Veneer/Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Base Electric, Central
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Wm Anderson
  • High School: Kingstree High
  • Middle Or Junior School: Kingstree Jr Hi

Lot Info

  • Lot Size Sq Ft: 41817.6
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 11022026, 027, and 028
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Number Of Units Total: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Nov 21, 2022
Sold by
Richards Milton and Richards Belinda
Bought by
Sandy Bay Five Llc
Seller's Agent
Melissa Floyd
Real Estate Direct
Buyer's Agent
Melissa Floyd
Real Estate Direct
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$389,702
Interest Rate
6.81%
Mortgage Type
Construction
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
Sandy Bay Five Llc $400,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandy Bay Five Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 For Sale $400,000 0.0% $49 / Sq Ft
11/22/2022 11/22/22 Sold $400,000 -- $49 / 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 $1,781 $3,940 $330 $3,610
2023 $1,775 $3,940 $330 $3,610
2022 $1,530 $3,700 $330 $3,370
2021 $995 $3,220 $330 $2,890
2020 $1,024 $2,440 $330 $2,110
2019 $1,006 $2,440 $330 $2,110
2018 $1,013 $2,440 $330 $2,110
2016 $975 $2,440 $330 $2,110
2015 $2,194 $2,440 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pee Dee REALTOR® Association

MLS Number: 20224226

Pee Dee REALTOR® Association

APN: 11-022-027