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4705 Farm Lake Drive

4705 Farm Lake Drive, Myrtle Beach, SC 29579
House in Horry
Sold Apr 24, 2020
$217,000
$173,600 by Guild Mortgage
Mortgage Due Jan 01, 2035
Sold May 21, 2018
$215,000
$208,550 by Guild Mortgage
Mortgage Due Jun 01, 2048
4705 Farm Lake Drive in Myrtle Beach, 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. 4705 Farm Lake Drive has 1,609 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 6,534 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a mixed used garage. The garage is 380 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, 4705 Farm Lake Drive sold most recently in Apr 23, 2020 for a total of $217,000. If you work out the math, that's approximately a cost of $134.87 per sqft. Before that, the property was also sold for $215,000 in May 18, 2018. 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 $979 in taxes each year. 4705 Farm Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,065. If we break it down further, the land itself was valued at $2,049. Improvements to the property, however, were assessed at a total of $7,016. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,609
  • Building Area: 1,609
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,609
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARM @ CAROLINA FOREST
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FARM @ CAROLINA FOREST; LOT 937 PH 16

Ownership

  • Current Owner : HUNTE ROD
  • Current Owner 2: CHEWNING HUNTE DIANA
  • Previous Owner : CRISTELLO KEVIN A
  • Owner Before Previous Owner: DOHERTY BRYAN NOEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 060207

Geography

  • Parcel: 396-16-01-0032
  • Lot: 937
  • Municipality: COUNTY FIRE DISTRICT
  • Latitude: 33.7563
  • Longitude: -78.8815

    Address

  • Full Address: 4705 Farm Lake Dr
  • Address - House Number: 4705
  • Address - Street Name: Farm Lake
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R079
  • 4-Digit Zip Code: 3542
  • Zip Code: 29579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $979
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 356,410
  • High Value: 425,056
  • Low Value: 287,764

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,600
  • First Open Lien Mortgage Lender: GUILD MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 24, 2020
  • First Open Lien Mortgage Loan Amount: $173,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $226,620
  • Market Land Value: $51,220
  • Market Improvement Value: $175,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,065
  • Assessed Land Value: $2,049
  • Assessed Improvements Value: $7,016

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Transaction ID: 11783235198
  • Current Sale Price: $217,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 21, 2018
  • Previous Sale Contract Date: May 18, 2018
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE
  • First Mortgage Transaction Date: Apr 24, 2020
  • First Mortgage Loan Amount: $173,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE
  • Previous Mortgage Transaction Date: May 21, 2018
  • Previous Mortgage Loan Amount: $208,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Horry



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Frequently Asked Questions

What neighborhood is 4705 Farm Lake Drive located in?
The 4705 Farm Lake Drive is a house located in the neighborhood of Horry in Horry, Myrtle Beach.
What is the average sales price for listings in 4705 Farm Lake Drive?
The average sales price for units in 4705 Farm Lake Drive is $0 currently.

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