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101 Palm Cove Circle

101 Palm Cove Circle, Myrtle Beach, SC 29588
House in Horry
Local assessors in Myrtle Beach, SC have categorized 101 Palm Cove Circle as a type of property. The home was built in 2015 and is 11 years old. The property's lot size has been calculated to be 3,920 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 101 Palm Cove Circle has a total of 1,262 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - . The building has a roof that is made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 101 Palm Cove Circle sold most recently in Mar 23, 2016 for a total of $140,900. If you work out the math, that's approximately a cost of $111.65 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $70,155 in taxes each year. 101 Palm Cove Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,243. If we break it down further, the land itself was valued at $1,371. Improvements to the property, however, were assessed at a total of $4,872. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240513
05/13/2024
3 Bed
2 Bath
1266 ft²
$259,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1266 ft²
-
-
The Mills Group
Century 21 Barefoot Realty


Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 1,262
  • Building Area: 1,262
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,262
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM COVE
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: PALM COVE; LOT 38

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 051502

Geography

  • Parcel: 441-10-04-0057
  • Lot: 38
  • Municipality: SOCASTEE COMMUNITY RECREATION
  • Latitude: 33.6785
  • Longitude: -78.9761

    Address

  • Full Address: 101 Palm Cove Cir
  • Address - House Number: 101
  • Address - Street Name: Palm Cove
  • Address - Suffix Type: Cir
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R078
  • 4-Digit Zip Code: 1402
  • Zip Code: 29588

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $70,155
  • Tax Rate Code Area: 630

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 285,676
  • High Value: 335,918
  • Low Value: 235,433

    Market Valuation

  • Market Total Value: $156,070
  • Market Land Value: $34,270
  • Market Improvement Value: $121,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,243
  • Assessed Land Value: $1,371
  • Assessed Improvements Value: $4,872

    Sales

  • Current Sale Contract Date: Mar 23, 2016
  • Current Sale Recording Date: Mar 24, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Socastee



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Frequently Asked Questions

What neighborhood is 101 Palm Cove Circle located in?
The 101 Palm Cove Circle is a house located in the neighborhood of Horry in Socastee, Myrtle Beach.
What is the average sales price for listings in 101 Palm Cove Circle?
The average sales price for units in 101 Palm Cove Circle is $0 currently.