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703 North Magnolia Street

703 North Magnolia Street, Summerville, SC 29483
Property in Dorchester
Local assessors in Summerville, SC have categorized 703 North Magnolia Street as a office type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 11,914 square feet. 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 703 North Magnolia Street has a total of 1,160 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. 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 masonry 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 block 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 heat pump is the primary heating source and it is being fueled with nothing. 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, 703 North Magnolia Street sold most recently in Oct 15, 2021 for a total of $349,900. If you work out the math, that's approximately a cost of $301.64 per sqft. Before that, the property was also sold for $140,000 in Nov 6, 2006. 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 $8,230 in taxes each year. 703 North Magnolia Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,654. If we break it down further, the land itself was valued at $13,440. Improvements to the property, however, were assessed at a total of $7,214. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,914
  • Total Building Area: 1,160
  • Gross Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,160
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Land Acres: 0.274
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: 703 N MAGNOLIA ST COMMERCIAL

Ownership

  • Current Owner : MAGNOLIA DREAM PROPERTY LLC
  • Previous Owner : COLLINS WILLIAM E
  • Previous Owner 2: COLLINS LINDA B
  • Owner Before Previous Owner: HARMON JAMES ROBERT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dorchester School District 2
  • Census Tract: 010700

Zoning

  • Zoning: UCMX_SV

Geography

  • Assessors Map Reference: MB=A PG=107
  • Account Number: R0021494
  • Parcel: 137-04-02-001
  • Municipality: TOWN OF SUMMERVILLE
  • Latitude: 33.0269
  • Longitude: -80.1676

    Address

  • Full Address: 703 N Magnolia St
  • Address - House Number: 703
  • Street Direction: N
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: SC
  • City Name: Summerville
  • Carrier Code: C008
  • 4-Digit Zip Code: 5172
  • Zip Code: 29483

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,230
  • Tax Rate Code Area: 273

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $594,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $297,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Oct 15, 2046
  • Second Open Lien Mortgage Lender: COGENT BANK
  • Second Open Lien Mortgage Recording Date: Oct 21, 2021
  • Second Open Lien Mortgage Loan Amount: $297,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Oct 15, 2046

    Market Valuation

  • Market Total Value: $344,228
  • Market Land Value: $224,000
  • Market Improvement Value: $120,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,654
  • Assessed Land Value: $13,440
  • Assessed Improvements Value: $7,214

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11860680063
  • Current Sale Price: $349,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021034230
  • Previous Sale Recording Date: Nov 08, 2006
  • Previous Sale Contract Date: Nov 06, 2006
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Oct 21, 2021
  • First Mortgage Loan Amount: $297,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Oct 15, 2046
  • Second Mortgage Lender: COGENT BANK
  • Second Mortgage Transaction Date: Oct 21, 2021
  • Second Mortgage Loan Amount: $297,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: JAMES ROBERT HARMON
  • Previous Mortgage Transaction Date: Nov 08, 2006
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 15, 2021

About Summerville



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Frequently Asked Questions

What neighborhood is 703 North Magnolia Street located in?
The 703 North Magnolia Street is a located in the neighborhood of Dorchester in Summerville, Summerville.
What is the average sales price for listings in 703 North Magnolia Street?
The average sales price for units in 703 North Magnolia Street is $0 currently.

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