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262 Georgia Mae Loop

262 Georgia Mae Loop, Conway, SC 29527
Property in Horry
Sold Apr 25, 2008
$163,000
$93,000 by Suntrust Mortgage Inc
Mortgage Due May 01, 2038
Sold May 16, 2007
$127,000
262 Georgia Mae Loop in Conway, SC was first built in 2008 and is 16 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 9 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. 262 Georgia Mae Loop has 1,332 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 12,632 square feet.

Learn more about the property and building on this page. For those who need parking, there is a mixed used garage. The garage is 240 sqft. There is one available parking space. 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete. 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. 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, 262 Georgia Mae Loop sold most recently in Apr 25, 2008 for a total of $163,000. If you work out the math, that's approximately a cost of $122.37 per sqft. Before that, the property was also sold for $127,000 in May 15, 2007. 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 $488 in taxes each year. The initial year of tax delinquency occurred in 2020. 262 Georgia Mae Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,064. If we break it down further, the land itself was valued at $1,324. Improvements to the property, however, were assessed at a total of $4,740. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTERS CREEK OF CONWAY
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HUNTERS CREEK OF CONWAY; LOT 24

Ownership

  • Current Owner : MURRAY WILLIAM J
  • Current Owner 2: MURRAY BEVERLY K
  • Previous Owner : MICHAEL A GREEN BUILDERS INC
  • Owner Before Previous Owner: HUNTERS CREEK OF CONWAY LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 070601

Geography

  • Parcel: 379-12-03-0036
  • Lot: 24
  • Municipality: CONWAY
  • Latitude: 33.7919
  • Longitude: -79.1149

    Address

  • Full Address: 262 Georgia Mae Loop
  • Address - House Number: 262
  • Address - Street Name: Georgia Mae
  • Address - Suffix Type: Loop
  • State: SC
  • City Name: Conway
  • Carrier Code: R030
  • 4-Digit Zip Code: 6684
  • Zip Code: 29527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 287,422
  • High Value: 337,971
  • Low Value: 236,872

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $153,000
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 25, 2008
  • First Open Lien Mortgage Loan Amount: $93,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 01, 2038
  • Second Open Lien Mortgage Lender: TNBANK
  • Second Open Lien Mortgage Recording Date: Mar 09, 2022
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Market Valuation

  • Market Total Value: $164,080
  • Market Land Value: $45,580
  • Market Improvement Value: $118,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,064
  • Assessed Land Value: $1,324
  • Assessed Improvements Value: $4,740

    Sales

  • Current Sale Contract Date: Apr 25, 2008
  • Current Sale Recording Date: Apr 25, 2008
  • Current Sale Transaction ID: 1086882276
  • Current Sale Price: $163,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2008000054220
  • Previous Sale Recording Date: May 16, 2007
  • Previous Sale Contract Date: May 15, 2007
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Apr 25, 2008
  • First Mortgage Loan Amount: $93,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 01, 2038

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 262 Georgia Mae Loop located in?
The 262 Georgia Mae Loop is a located in the neighborhood of Horry in Horry, Conway.
What is the average sales price for listings in 262 Georgia Mae Loop?
The average sales price for units in 262 Georgia Mae Loop is $0 currently.

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