NOT LISTED FOR SALE

8245 State Highway 814 Myrtle Beach, SC 29588

Estimated Value: $164,000 - $255,000

8 Beds
5 Baths
3,467 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $192,000 $55 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,225/month

29 Days on Market

Highlights

  • Central Heating and Cooling System
  • Palmetto Bays Elementary School Rated A-
  • Rectangular Lot

About This Home

As of September 2020

Great opportunity to purchase 3 rental properties in Socastee off Hwy 814/Hwy 544. !st home of 3 is a 1970 2 bed 1 bath home w. wood siding in need of repairs inside/out. 2nd home is 1996 Mobile home 3 bed 2 bath on a 1/4 acre lot. This sale is subject to court approval after 8/13/2020. Property and improvements are being sold 'as is, where is' in their current condition today

Last Agent to Sell the Property

Kenneth Davenport

Coastal Tides Realty License #51344 Listed on: 07/15/2020

Last Buyer's Agent

Donna Karakatsani

Award SC Homes License #108757

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,084

Year Built

  • Built in 1970

Lot Details

  • 0.5

Home Design

  • 3,467 Sq Ft Home
  • Triplex

Schools

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

Additional Features

  • Rectangular Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,084

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 135x316x133x499
  • Estimated Year Built: 1970
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 07/15/2020
  • Sold Total Heated Sq Ft: 3467
  • Sold Total Sq Ft: 3713
  • Total Heated Sq Ft: 3467
  • Estimated Gross Scheduled Rent: 1700
  • Number2 Br Units: 850
  • Number3 Br Units: 850
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Total Sq Ft: 3713

Garage/Parking

  • Type: Triplex

Utilities

  • Utilities Available: Electricity, Sewer, Water Public
  • Heating Cooling: Central Air, Central Heat, Electric

Schools

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

Lot Info

  • Zoning: MSF 10

Multi Family

  • Number Of Units: 3

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
Jul 15, 2020
Closed on
Sep 21, 2020
Sold by
Helms Katherine R
Bought by
Vindel Ader
Seller's Agent
Kenneth Davenport
Coastal Tides Realty
Buyer's Agent
Donna Karakatsani
Award SC Homes
List Price
$185,000
Sold Price
$192,000
Premium/Discount to List
$7,000
3.78%
Total Days on Market
29
Current Estimated Value
$203,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,169
Avg. Annual Appreciation
1.20%
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
Vindel Ader $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vindel Ader $84,036
Previous Owner Gray Wesly I $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $192,000 +3.8% $55 / Sq Ft
07/15/2020 07/15/20 For Sale $185,000 -- $53 / 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 $1,084 $4,307 $1,811 $2,496
2023 $1,084 $4,307 $1,811 $2,496
2021 $1,006 $4,307 $1,811 $2,496
2020 $228 $3,167 $1,811 $1,356
2019 $228 $3,167 $1,811 $1,356
2018 $0 $3,567 $1,521 $2,046
2017 $243 $3,567 $1,521 $2,046
2016 -- $3,567 $1,521 $2,046
2015 $247 $3,567 $1,521 $2,046
2014 $230 $3,567 $1,521 $2,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2014472

Coastal Carolinas Association of REALTORS®

APN: 42906010009