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5022 Billy K Trail

5022 Billy K Trail, Myrtle Beach, SC 29579
Property in Horry
Sold Dec 03, 2015
$147,000
$144,337 by Movement Mortgage
Mortgage Due Jan 01, 2045
Sold Oct 14, 2010
Transfer
Local assessors in Myrtle Beach, SC have categorized 5022 Billy K Trail as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 7,841 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 5022 Billy K Trail has a total of 1,128 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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 273 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 wood 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. 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, 5022 Billy K Trail sold most recently in Dec 2, 2015 for a total of $147,000. If you work out the math, that's approximately a cost of $130.32 per sqft. 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 $674 in taxes each year. 5022 Billy K Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,964. If we break it down further, the land itself was valued at $1,432. Improvements to the property, however, were assessed at a total of $4,532. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 7
  • 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: 273
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,128
  • Building Area: 1,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALKERS WOODS PH V
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALKERS WOODS PH V; LOT 248

Ownership

  • Current Owner : SINCLAIR KIMBERLY A
  • Previous Owner : THOMPKINS CAROLYN S
  • Owner Before Previous Owner: SKIPPER BILLY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 060209

Geography

  • Parcel: 398-10-04-0016
  • Lot: 248
  • Municipality: CONWAY
  • Latitude: 33.76
  • Longitude: -78.9384

    Address

  • Full Address: 5022 Billy K Trl
  • Address - House Number: 5022
  • Address - Street Name: Billy K
  • Address - Suffix Type: Trl
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R053
  • 4-Digit Zip Code: 4120
  • Zip Code: 29579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $674
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 276,794
  • High Value: 335,908
  • Low Value: 217,680

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,337
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 03, 2015
  • First Open Lien Mortgage Loan Amount: $144,337
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045

    Market Valuation

  • Market Total Value: $149,100
  • Market Land Value: $35,800
  • Market Improvement Value: $113,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,964
  • Assessed Land Value: $1,432
  • Assessed Improvements Value: $4,532

    Sales

  • Current Sale Contract Date: Dec 02, 2015
  • Current Sale Recording Date: Dec 03, 2015
  • Current Sale Transaction ID: 11542328546
  • Current Sale Price: $147,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 14, 2010
  • Previous Sale Contract Date: Oct 12, 2010
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Dec 03, 2015
  • First Mortgage Loan Amount: $144,337
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2045

About Horry



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Frequently Asked Questions

What neighborhood is 5022 Billy K Trail located in?
The 5022 Billy K Trail is a located in the neighborhood of Horry in Horry, Myrtle Beach.
What is the average sales price for listings in 5022 Billy K Trail?
The average sales price for units in 5022 Billy K Trail is $0 currently.

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