NOT LISTED FOR SALE

Margate Towers 8500 Margate Cir Unit L-03 Margate Tower Myrtle Beach, SC 29572

Arcadian Shores Neighborhood

Estimated Value: $847,000 - $1,027,000

3 Beds
3 Baths
2,398 Sq Ft
$378/Sq Ft Est. Value

About This Home

This home is located at 8500 Margate Cir Unit L-03 Margate Tower, Myrtle Beach, SC 29572 and is currently estimated at $905,727, approximately $377 per square foot. 8500 Margate Cir Unit L-03 Margate Tower is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Elementary School, and Myrtle Beach Primary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Pine Valley Capital Llc
Bought by
Sems Gary A Tr and Gary A Sems Living Trust
Current Estimated Value
$905,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$367,155
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$538,572

Purchase Details

Closed on
May 24, 2017
Sold by
Moore Daniel Ray
Bought by
Pine Valley Capital Llc

Purchase Details

Closed on
Aug 7, 2008
Sold by
Coastal Capital Partners Llc
Bought by
Moore Daniel Ray

Purchase Details

Closed on
Jul 16, 2008
Sold by
Master In Equity Horry County
Bought by
Coastal Capital Partners Llc

Purchase Details

Closed on
Jul 1, 2007
Sold by
Skirboll Robert E and Skirboll Robin T
Bought by
New Freedom Enterprises Llc

Purchase Details

Closed on
Jun 26, 2006
Sold by
Traditional Southern Properties Llc
Bought by
Skirboll Robert E and Skirboll Robin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 9, 2006
Sold by
Carrell Bruce A
Bought by
Traditional Southern Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 11, 2005
Sold by
Felcor Lodging Lp
Bought by
Carrell Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Sold by
Margate Towers Kingston Plantation Llc
Bought by
Felcor Lodging Lp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sems Gary A Tr $540,000 --
Pine Valley Capital Llc $575,000 --
Moore Daniel Ray $725,000 --
Coastal Capital Partners Llc $564,000 --
New Freedom Enterprises Llc -- Attorney
Skirboll Robert E $1,600,000 None Available
Traditional Southern Properties Llc -- None Available
Carrell Bruce A -- None Available
Carrell Properties Llc $925,000 --
Felcor Lodging Lp $501,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sems Gary A Tr $405,000
Previous Owner Skirboll Robert E $440,000
Previous Owner Skirboll Robert E $1,000,000
Previous Owner Carrell Properties Llc $740,000
Source: Public Records

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 $9,520 $54,075 $0 $54,075
2023 $9,520 $54,075 $0 $54,075
2021 $8,768 $54,075 $0 $54,075
2020 $6,382 $54,075 $0 $54,075
2019 $6,382 $54,075 $0 $54,075
2018 $7,191 $58,800 $0 $58,800
2017 $7,176 $33,600 $0 $33,600
2016 -- $33,600 $0 $33,600
2015 $7,176 $58,800 $0 $58,800
2014 $6,934 $33,600 $0 $33,600
Source: Public Records

About Margate Towers

Map

South Carolina Horry County Myrtle Beach 29572 Arcadian Shores

8500 Margate Cir Unit L-03 Margate Tower, Myrtle Beach, SC

This home is located at 8500 Margate Cir Unit L-03 Margate Tower, Myrtle Beach, SC 29572 and is currently estimated at $905,727, approximately $377 per square foot. 8500 Margate Cir Unit L-03 Margate Tower is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Elementary School, and Myrtle Beach Primary 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.

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