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1098 North Fraser Street

1098 North Fraser Street, Georgetown, SC 29440
Property in Georgetown
1098 North Fraser Street has been categorized by the local assessors in Georgetown, SC as a commercial type of property. The building on the property was first built in 2006 and is 18 years old. However, we must point out that the home was most recently renovated and altered in 2015. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1098 North Fraser Street has 14,850 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 90,605 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The building has a flat style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. 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, 1098 North Fraser Street sold most recently in Dec 21, 2020 for a total of $4,000,000. If you work out the math, that's approximately a cost of $223.13 per sqft. Before that, the property was also sold for $4,421,487 in Jul 12, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $36,498 in taxes each year. 1098 North Fraser Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $104,670. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $74,670. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 90,605
  • Total Building Area: 17,927
  • Gross Building Area: 17,927
  • Building Area: 17,927
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 14,850
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 2.08
  • Standard Land Use Code: Drug store/ pharmacy (CVS, Walgreens)
  • Legal Description 1: WALGREEN S SITE SOUTHEAST INTERSECTION OF NORTH FRASER & CHARLOTTE ST SLD 559-1A

Ownership

  • Current Owner : ZOERB DONITA
  • Current Owner 2: RK LOWE IRREVOCABLE TRUST
  • Previous Owner : PELICAN GEORGETOWN LLC
  • Owner Before Previous Owner: GROT LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Georgetown County School District
  • School Tax School District: DIST 5
  • Census Tract: 920302

Geography

  • Assessors Map Reference: 0004
  • Account Number: 64311
  • Parcel: 05-0004-001-02-01
  • Lot: TE
  • Municipality: GEORGETOWN
  • Latitude: 33.3874
  • Longitude: -79.2883

    Address

  • Full Address: 1098 N Fraser St
  • Address - House Number: 1098
  • Street Direction: N
  • Address - Street Name: Fraser
  • Address - Suffix Type: St
  • State: SC
  • City Name: Georgetown
  • Carrier Code: C002
  • 4-Digit Zip Code: 2849
  • Zip Code: 29440

Valuation

    Tax

  • Total Area: 17,537
  • Tax Year: 2023
  • Tax Amount: $36,498
  • Tax Rate Code Area: 5

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,627,791
  • First Open Lien Mortgage Lender: COASTAL STATES BANK
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $1,627,791
  • First Open Lien Mortgage Term: 83
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 21, 2027

    Market Valuation

  • Market Total Value: $1,744,500
  • Market Land Value: $500,000
  • Market Improvement Value: $1,244,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,670
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $74,670

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11814862043
  • Current Sale Price: $4,000,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 202000015415
  • Previous Sale Recording Date: Jul 14, 2006
  • Previous Sale Contract Date: Jul 12, 2006
  • Previous Sale Amount: $4,421,487
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL STATES BANK
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $1,627,791
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 21, 2027

About Georgetown



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Frequently Asked Questions

What neighborhood is 1098 North Fraser Street located in?
The 1098 North Fraser Street is a located in the neighborhood of Georgetown in Georgetown, Georgetown.
What is the average sales price for listings in 1098 North Fraser Street?
The average sales price for units in 1098 North Fraser Street is $0 currently.

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