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508 Timber Creek Drive

508 Timber Creek Drive, Loris, SC 29569
House in Horry
Sold Dec 02, 2020
$215,000
$256,982 by Rocket Mortgage
Mortgage Due Feb 01, 2053
Sold Dec 01, 2015
$9,400
508 Timber Creek Drive has been categorized by the local assessors in Loris, SC as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 508 Timber Creek Drive has 1,668 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,019 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of concrete. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. The property was last sold in Dec 1, 2020 for $215,000. That's $128.90 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2015 for $9,400. 508 Timber Creek Drive was last assessed in 2023. The total value of the property was assessed at $8,586. Specifically, the land the property is located on was valued at $942. While improvements on the property were assessed at a total of $7,644. 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 $736. 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. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 6
  • 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
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,668
  • Building Area: 1,668
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,668
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND VALLEY PH I
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODLAND VALLEY PH I; LOT 20

Ownership

  • Current Owner : SCHWAB CHARLES N
  • Current Owner 2: SCHWAB BARBARA A
  • Previous Owner : VERT JAMES P
  • Owner Before Previous Owner: LONGO ROBERT E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 020201

Geography

  • Parcel: 178-16-01-0044
  • Lot: 20
  • Municipality: BUCK CREEK
  • Latitude: 34.0589
  • Longitude: -78.8416

    Address

  • Full Address: 508 Timber Creek Dr
  • Address - House Number: 508
  • Address - Street Name: Timber Creek
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Loris
  • Carrier Code: R011
  • 4-Digit Zip Code: 5664
  • Zip Code: 29569

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $736
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 328,385
  • High Value: 395,929
  • Low Value: 260,841

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,982
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 14, 2023
  • First Open Lien Mortgage Loan Amount: $256,982
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $214,640
  • Market Land Value: $23,540
  • Market Improvement Value: $191,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,586
  • Assessed Land Value: $942
  • Assessed Improvements Value: $7,644

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11812746711
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 01, 2015
  • Previous Sale Contract Date: Nov 30, 2015
  • Previous Sale Amount: $9,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

About Horry



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Frequently Asked Questions

What neighborhood is 508 Timber Creek Drive located in?
The 508 Timber Creek Drive is a house located in the neighborhood of Horry in Horry, Loris.
What is the average sales price for listings in 508 Timber Creek Drive?
The average sales price for units in 508 Timber Creek Drive is $0 currently.

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