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4632 Teakwood Drive

4632 Teakwood Drive, Myrtle Beach, SC 29588
Property in Horry
Sold Sep 08, 2005
$108,000
$102,600 by Bay Capital Corp
Mortgage Due Sep 01, 2035
Sold Oct 31, 2000
$74,000
$66,600 by Founders Fcu
Mortgage Due Oct 27, 2025
Local assessors in Myrtle Beach, SC have categorized 4632 Teakwood Drive as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 9,148 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4632 Teakwood Drive has a total of 1,104 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. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 31, 2005 for $108,000. That's $97.83 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2000 for $74,000. 4632 Teakwood Drive was last assessed in 2023. The total value of the property was assessed at $3,872. Specifically, the land the property is located on was valued at $1,128. While improvements on the property were assessed at a total of $2,744. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $469. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEWOOD EST
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSEWOOD EST; LT 2 BL E

Ownership

  • Current Owner : WHITSON G MICHAEL
  • Current Owner 2: WHITSON PATRICIA G
  • Previous Owner : COLLINS DAVID L
  • Owner Before Previous Owner: PRINS STEVEN C
  • Owner Before Previous Owner 2: PRINS MI O
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 051501

Geography

  • Parcel: 440-05-04-0105
  • Lot: 2
  • Municipality: SOCASTEE COMMUNITY RECREATION
  • Latitude: 33.6869
  • Longitude: -78.9922

    Address

  • Full Address: 4632 Teakwood Dr
  • Address - House Number: 4632
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R010
  • 4-Digit Zip Code: 7129
  • Zip Code: 29588

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469
  • Tax Rate Code Area: 630

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 212,282
  • High Value: 257,101
  • Low Value: 167,464

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $102,600
  • First Open Lien Mortgage Lender: BAY CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Sep 08, 2005
  • First Open Lien Mortgage Loan Amount: $102,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $96,810
  • Market Land Value: $28,210
  • Market Improvement Value: $68,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,872
  • Assessed Land Value: $1,128
  • Assessed Improvements Value: $2,744

    Sales

  • Current Sale Contract Date: Aug 31, 2005
  • Current Sale Recording Date: Sep 08, 2005
  • Current Sale Transaction ID: 1813344924
  • Current Sale Price: $108,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 31, 2000
  • Previous Sale Contract Date: Oct 30, 2000
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY CAPITAL CORP
  • First Mortgage Transaction Date: Sep 08, 2005
  • First Mortgage Loan Amount: $102,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Sep 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: FOUNDERS FCU
  • Previous Mortgage Transaction Date: Oct 31, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $66,600
  • Previous Mortgage Term: 299
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 27, 2025

About Socastee



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Frequently Asked Questions

What neighborhood is 4632 Teakwood Drive located in?
The 4632 Teakwood Drive is a located in the neighborhood of Horry in Socastee, Myrtle Beach.
What is the average sales price for listings in 4632 Teakwood Drive?
The average sales price for units in 4632 Teakwood Drive is $0 currently.

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