See Home Value
Socastee 29588
5542 Terri Dr.
$119,454*
House - Off Market

5542 Terri Dr.

Myrtle Beach, SC 29588
bedrooms
2 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
836 Sqft
$108,000 - $130,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Oct 12, 2023
$105,000
Sold May 11, 2006
$99,000
$89,100 by Coastal 1st Mortgage Inc
Mortgage Due Jun 01, 2036

About This Property

Calling all investors! This property is in need of major renovations or can be a great opportunity to clear the land and build new. Located just minutes to Market Commons and the Airport, this is surely prime location. Located in a NO HOA community. The lot is approximately .19 of an acre.

The manager has listed the unit size as 836 square feet.
Unit Size
836Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Oct 13, 2023 No longer available -
No longer available
Oct 12, 2023 Sold $105,000
Sold
Aug 19, 2023 Price Decreased $119,900
↓ $10K (7.7%)
Price Decreased
Jul 24, 2023 Listed $129,900
Listed

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 836
  • Building Area: 836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 836
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: J M SQUIRES S D
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J M SQUIRES S D; LT 4 BL E

Ownership

  • Current Owner : MME4 PROPERTIES LLC
  • Previous Owner : FRIEDMAN LAWRENCE J
  • Owner Before Previous Owner: FIREFALL HOLDINGS LTD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 051503

Geography

  • Parcel: 441-06-01-0023
  • Lot: 4
  • Municipality: SOCASTEE COMMUNITY RECREATION
  • Latitude: 33.6876
  • Longitude: -78.9645

    Address

  • Full Address: 5542 Terri Dr
  • Address - House Number: 5542
  • Address - Street Name: Terri
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R001
  • 4-Digit Zip Code: 6243
  • Zip Code: 29588

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 630

    Appraisal Valuation

  • Standard Deviation: 0.0711
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 95
  • Final Value: 101,514
  • High Value: 108,742
  • Low Value: 94,287

    Market Valuation

  • Market Total Value: $47,620
  • Market Land Value: $21,120
  • Market Improvement Value: $26,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,905
  • Assessed Land Value: $845
  • Assessed Improvements Value: $1,060

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914785627
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 11, 2006
  • Previous Sale Contract Date: May 10, 2006
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: COASTAL 1ST MORTGAGE INC
  • Previous Mortgage Transaction Date: May 11, 2006
  • Previous Mortgage Loan Amount: $89,100
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Jun 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Socastee


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3947 Gladiola Ct., Myrtle Beach, SC, 29588

$1,400 /mo

  • 2 Beds
  • 2 Baths
3947 Gladiola Ct., Myrtle Beach, SC, 29588 Listing by Riesa Best


Frequently Asked Questions

When was property at 5542 Terri Drive built and last sold?
The property at 5542 Terri Drive was built in 1954 and last sold on Oct 10, 2023 for $105,000.
How much is this home worth?
The estimated value of the home located at 5542 Terri Drive is $130,147.
What are some comparable homes to 5542 Terri Drive?
There are currently no comparable homes to 5542 Terri Drive.

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