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1532 Malaga Circle

1532 Malaga Circle, Myrtle Beach, SC 29579
Property in Horry
Sold Oct 22, 2021
$1,030,000
Sold Oct 21, 2019
$702,000
$485,000 by Wells Fargo
Mortgage Due Jan 01, 2049
1532 Malaga Circle in Myrtle Beach, SC was first built in 2018 and is 6 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1532 Malaga Circle has 2,524 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 16,117 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a mixed used garage. The garage is 797 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1532 Malaga Circle was last sold in Oct 22, 2021 for $1,030,000. According to our calculations, that's $408.08 per sqft. Prior to that sales transaction, the property was sold for $702,000 in Oct 18, 2019. Current property owners are expected to pay $0 in taxes per year. The property on 1532 Malaga Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $32,164. To break that down further, the land itself was valued at $6,204. While improvements to the property were assessed at a total of $25,960. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 797
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 2,524
  • Building Area: 2,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALERMO THE VILLAGE AT GRANDE DUNES
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALERMO; LOT 3

Ownership

  • Current Owner : OFFUTT FREDERICK C
  • Current Owner 2: OFFUTT PAMELA Y
  • Previous Owner : MENDEZ JOHN M
  • Owner Before Previous Owner: BLINN DONALD J
  • Ownership Rights Codes: Et al (and others)
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 060310

Geography

  • Parcel: 395-10-03-0043
  • Lot: 3
  • Municipality: MYRTLE BEACH
  • Latitude: 33.76
  • Longitude: -78.838

    Address

  • Full Address: 1532 Malaga Cir
  • Address - House Number: 1532
  • Address - Street Name: Malaga
  • Address - Suffix Type: Cir
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R057
  • 4-Digit Zip Code: 5918
  • Zip Code: 29579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 880

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 1,067,209
  • High Value: 1,275,296
  • Low Value: 859,122

    Market Valuation

  • Market Total Value: $804,100
  • Market Land Value: $155,100
  • Market Improvement Value: $649,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,164
  • Assessed Land Value: $6,204
  • Assessed Improvements Value: $25,960

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11868654080
  • Current Sale Price: $1,030,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 21, 2019
  • Previous Sale Contract Date: Oct 18, 2019
  • Previous Sale Amount: $702,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO
  • Previous Mortgage Transaction Date: Oct 21, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $485,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Myrtle Beach



Similar Buildings

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Nearby Rentals

Unit for rent at 611 Calhoun Rd., Myrtle Beach, SC, 29577

$2,400 /mo

  • 3 Beds
  • 2 Baths
611 Calhoun Rd., Myrtle Beach, SC, 29577 Listing by Jenny Highfill

Frequently Asked Questions

What neighborhood is 1532 Malaga Circle located in?
The 1532 Malaga Circle is a located in the neighborhood of Horry in Myrtle Beach, Myrtle Beach.
What is the average sales price for listings in 1532 Malaga Circle?
The average sales price for units in 1532 Malaga Circle is $0 currently.

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