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203 Lynco Lane

203 Lynco Lane, Myrtle Beach, SC 29575
Property in Horry
Sold Jun 27, 2017
$160,000
$157,102 by Guaranty Trust
Mortgage Due Jul 01, 2047
Sold Nov 05, 2003
$126,000
$126,000 by Decision One Mortgage Company
Mortgage Due Oct 09, 2033
203 Lynco Lane has been categorized by the local assessors in Myrtle Beach, SC as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 203 Lynco Lane has 1,201 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 6,098 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of concrete. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. 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, 203 Lynco Lane sold most recently in Jun 27, 2017 for a total of $160,000. If you work out the math, that's approximately a cost of $133.22 per sqft. Before that, the property was also sold for $126,000 in Oct 8, 2003. 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 $0 in taxes each year. 203 Lynco Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,212. If we break it down further, the land itself was valued at $1,316. Improvements to the property, however, were assessed at a total of $5,896. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,201
  • Building Area: 1,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MALLARD LNDING VLG PHIA
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MALLARD LNDING VLG PHIA; LOT 113

Ownership

  • Current Owner : CRUISE MICHAEL D
  • Previous Owner : BANK OF NEW YORK MELLON TR
  • Owner Before Previous Owner: WILLIAMS MAURICE A
  • Owner Before Previous Owner 2: WILLIAMS CRYSTAL H

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 051405

Geography

  • Subdivision Tract Number: 3
  • Parcel: 462-03-03-0103
  • Lot: 113
  • Municipality: SOCASTEE
  • Latitude: 33.6101
  • Longitude: -78.996

    Address

  • Full Address: 203 Lynco Ln
  • Address - House Number: 203
  • Address - Street Name: Lynco
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R021
  • 4-Digit Zip Code: 4781
  • Zip Code: 29575

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 335,411
  • High Value: 406,002
  • Low Value: 264,821

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,102
  • First Open Lien Mortgage Lender: GUARANTY TRUST
  • First Open Lien Mortgage Recording Date: Jun 27, 2017
  • First Open Lien Mortgage Loan Amount: $157,102
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $181,910
  • Market Land Value: $32,910
  • Market Improvement Value: $149,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,212
  • Assessed Land Value: $1,316
  • Assessed Improvements Value: $5,896

    Sales

  • Current Sale Contract Date: Jun 27, 2017
  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Transaction ID: 11375299579
  • Current Sale Price: $160,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Nov 05, 2003
  • Previous Sale Contract Date: Oct 08, 2003
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY TRUST
  • First Mortgage Transaction Date: Jun 27, 2017
  • First Mortgage Loan Amount: $157,102
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: DECISION ONE MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: Nov 05, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $126,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 09, 2033

About Garden City



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Frequently Asked Questions

What neighborhood is 203 Lynco Lane located in?
The 203 Lynco Lane is a located in the neighborhood of Horry in Garden City, Myrtle Beach.
What is the average sales price for listings in 203 Lynco Lane?
The average sales price for units in 203 Lynco Lane is $0 currently.

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