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2700 Mercer Drive

2700 Mercer Drive, Conway, SC 29526
Property in Horry
Sold May 20, 2020
$122,500
$92,500 by Anderson Brothers Bank
Mortgage Due Jan 01, 2050
Sold Jul 01, 2019
$119,000
$75,295 by Peoples Bank
Mortgage Due Jan 01, 2049
Local assessors in Conway, SC have categorized 2700 Mercer Drive as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 1,742 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2700 Mercer Drive has a total of 1,354 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of concrete were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. 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, 2700 Mercer Drive was last sold in May 20, 2020 for $122,500. According to our calculations, that's $90.47 per sqft. Prior to that sales transaction, the property was sold for $119,000 in Jun 27, 2019. Current property owners are expected to pay $1,988 in taxes per year. The property on 2700 Mercer Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $7,314. To break that down further, the land itself was valued at $1,014. While improvements to the property were assessed at a total of $6,300. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete
  • Building Style: Condo
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,354
  • Building Area: 1,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,354
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIDTOWN VILLAGE PH I-B
  • Land Acres: 0.04
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: MIDTOWN VILLAGE PH I-B; LOT 267

Ownership

  • Current Owner : EDWARDS MAKENZIE BROOKE
  • Previous Owner : OWENS PATRICIA A
  • Owner Before Previous Owner: CLOUGH PAUL C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 070300

Geography

  • Parcel: 325-15-04-0071
  • Lot: 267
  • Municipality: CONWAY
  • Latitude: 33.8651
  • Longitude: -79.0684

    Address

  • Full Address: 2700 Marengo Ln
  • Address - House Number: 2700
  • Address - Street Name: Marengo
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Conway
  • Carrier Code: R029
  • 4-Digit Zip Code: 4152
  • Zip Code: 29526

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,988
  • Tax Rate Code Area: 110

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 215,419
  • High Value: 253,428
  • Low Value: 177,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,500
  • First Open Lien Mortgage Lender: ANDERSON BROTHERS BANK
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Loan Amount: $92,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $121,900
  • Market Land Value: $16,900
  • Market Improvement Value: $105,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,314
  • Assessed Land Value: $1,014
  • Assessed Improvements Value: $6,300

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11793302901
  • Current Sale Price: $122,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 01, 2019
  • Previous Sale Contract Date: Jun 27, 2019
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANDERSON BROTHERS BANK
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $92,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK
  • Previous Mortgage Transaction Date: Jul 01, 2019
  • Previous Mortgage Loan Amount: $75,295
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Conway



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Frequently Asked Questions

What neighborhood is 2700 Mercer Drive located in?
The 2700 Mercer Drive is a located in the neighborhood of Horry in Conway, Conway.
What is the average sales price for listings in 2700 Mercer Drive?
The average sales price for units in 2700 Mercer Drive is $0 currently.

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