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1605 North Lake Drive

1605 North Lake Drive, Lexington, SC 29072
Commercial in Lake Murray
Local assessors in Lexington, SC have categorized 1605 North Lake Drive as a commercial type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 33,106 square feet. If we look only at the heated or air conditioned part of the building, then 1605 North Lake Drive has a total of 4,550 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. 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, 1605 North Lake Drive was last sold in Aug 3, 2022 for $800,000. According to our calculations, that's $175.82 per sqft. Prior to that sales transaction, the property was sold for $450,000 in Oct 15, 2021. Current property owners are expected to pay $23,593 in taxes per year. The property on 1605 North Lake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,032. To break that down further, the land itself was valued at $9,408. While improvements to the property were assessed at a total of $18,624. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210301
03/01/2021
Loft
-
-
$525,000
bedrooms
Loft
bathrooms
-
$450,000 -14.29%
10/18/2021
-
W Rhett Kelly
Southern Visions Realty Inc

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 4,550
  • Building Area: 4,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.76
  • Standard Land Use Code: Nightclub (cocktail lounge)
  • Legal Description 1: SOUTHERN PO A 4.12 AC TRACT

Ownership

  • Current Owner : TEED UP LLC
  • Previous Owner : BRANDED LLC
  • Owner Before Previous Owner: BRANDED LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lexington School District 1
  • Census Tract: 021025

Zoning

  • Zoning: ID

Geography

  • Assessors Map Reference: MB 15723 PG 47
  • Parcel: 003418-01-008
  • Municipality: OUTSIDE LEX GILBERT PELION
  • Latitude: 34.0285
  • Longitude: -81.2212

    Address

  • Full Address: 1605 N Lake Dr
  • Address - House Number: 1605
  • Street Direction: N
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Lexington
  • Carrier Code: R028
  • 4-Digit Zip Code: 9356
  • Zip Code: 29072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,593
  • Tax Rate Code Area: 1

    Market Valuation

  • Market Total Value: $467,200
  • Market Land Value: $156,800
  • Market Improvement Value: $310,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,032
  • Assessed Land Value: $9,408
  • Assessed Improvements Value: $18,624

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Transaction ID: 11893898389
  • Current Sale Price: $800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 35328
  • Previous Sale Recording Date: Oct 18, 2021
  • Previous Sale Contract Date: Oct 15, 2021
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: COASTAL CAROLINA NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 18, 2021
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Lake Murray



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Frequently Asked Questions

What neighborhood is 1605 North Lake Drive located in?
The 1605 North Lake Drive is a commercial located in the neighborhood of Lake Murray in Lake Murray, Lexington.
What is the average sales price for listings in 1605 North Lake Drive?
The average sales price for units in 1605 North Lake Drive is $499,000 currently.

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