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702 8th Avenue North

702 8th Avenue North, Myrtle Beach, SC 29577
Property in Horry
702 8th Avenue North has been categorized by the local assessors in Myrtle Beach, SC as a commercial type of property. The building on the property was first built in 1967 and is 57 years old. However, we must point out that the home was most recently renovated and altered in 1985. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 13,068 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. In terms of heating, it is utilizing a solar 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, 702 8th Avenue North sold most recently in Sep 26, 2017 for a total of $285,000. If you work out the math, that's approximately a cost of $32.23 per sqft. Before that, the property was also sold for $575,000 in Jun 22, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,921 in taxes each year. 702 8th Avenue North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,499. If we break it down further, the land itself was valued at $17,250. Improvements to the property, however, were assessed at a total of $14,249. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C-
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 8,844
  • Gross Building Area: 8,844
  • Building Area: 8,844
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Solar
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: HOTEL SECTION
  • Land Acres: 0.3
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: HOTEL SECT; LT B BL 74

Ownership

  • Current Owner : SUNNY LANDS PROPERTIES LLC
  • Previous Owner : 801 BROADWAY LLC
  • Owner Before Previous Owner: MCFADYEN J SCOTT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 050600

Geography

  • Parcel: 444-01-01-0026
  • Municipality: MYRTLE BEACH
  • Latitude: 33.6944
  • Longitude: -78.8856

    Address

  • Full Address: 702 8th Ave N
  • Address - House Number: 702
  • Street Segment Direction: N
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: C037
  • 4-Digit Zip Code: 3857
  • Zip Code: 29577

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,921
  • Tax Rate Code Area: 899

    Market Valuation

  • Market Total Value: $566,800
  • Market Land Value: $287,500
  • Market Improvement Value: $279,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,499
  • Assessed Land Value: $17,250
  • Assessed Improvements Value: $14,249

    Sales

  • Current Sale Contract Date: Sep 26, 2017
  • Current Sale Recording Date: Oct 10, 2017
  • Current Sale Transaction ID: 11423757738
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 26, 2007
  • Previous Sale Contract Date: Jun 22, 2007
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HORRY COUNTY STATE BANK
  • First Mortgage Transaction Date: Oct 10, 2017
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2022

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FSLA OF CHARLESTON
  • Previous Mortgage Transaction Date: Jun 26, 2007
  • Previous Mortgage Loan Amount: $575,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Myrtle Beach



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Unit for rent at 95 Broadway St., Myrtle Beach, SC, 29577

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95 Broadway St., Myrtle Beach, SC, 29577 Listing by Joseph Ganassa

Frequently Asked Questions

What neighborhood is 702 8th Avenue North located in?
The 702 8th Avenue North is a located in the neighborhood of Horry in Myrtle Beach, Myrtle Beach.
What is the average sales price for listings in 702 8th Avenue North?
The average sales price for units in 702 8th Avenue North is $0 currently.

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