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877 Marsala Drive

877 Marsala Drive, Myrtle Beach, SC 29572
Property in Horry
Sold Nov 03, 2014
$133,000
$275,000 by Branch Banking And Trust Co
Mortgage Due Nov 01, 2030
Sold Oct 29, 2014
$115,500
Local assessors in Myrtle Beach, SC have categorized 877 Marsala Drive as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 7,405 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 6 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 877 Marsala Drive has a total of 2,539 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 550 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B+. 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, 877 Marsala Drive sold most recently in Oct 30, 2014 for a total of $133,000. If you work out the math, that's approximately a cost of $52.38 per sqft. Before that, the property was also sold for $115,500 in Oct 28, 2014. 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 $2,129 in taxes each year. 877 Marsala Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,392. If we break it down further, the land itself was valued at $7,068. Improvements to the property, however, were assessed at a total of $15,324. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2015
  • Effective Year Built: 2015
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,539
  • Building Area: 2,539
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,539
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIPRIANA PH 2B
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CIPRIANA PH 2B; LOT 95

Ownership

  • Current Owner : SIEGEL EDWARD
  • Current Owner 2: SIEGEL RACHEL
  • Previous Owner : TRADITIONAL HOMEBUILDERS INC
  • Owner Before Previous Owner: WESTLAKE CAPITAL INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 050303

Geography

  • Parcel: 394-10-04-0020
  • Lot: 95
  • Municipality: MYRTLE BEACH
  • Latitude: 33.7598
  • Longitude: -78.8092

    Address

  • Full Address: 877 Marsala Dr
  • Address - House Number: 877
  • Address - Street Name: Marsala
  • Address - Suffix Type: Dr
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: C021
  • 4-Digit Zip Code: 8172
  • Zip Code: 29572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,129
  • Tax Rate Code Area: 880

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 796,814
  • High Value: 936,952
  • Low Value: 656,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 03, 2014
  • First Open Lien Mortgage Loan Amount: $275,000
  • First Open Lien Mortgage Term: 191
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2030

    Market Valuation

  • Market Total Value: $559,800
  • Market Land Value: $176,700
  • Market Improvement Value: $383,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,392
  • Assessed Land Value: $7,068
  • Assessed Improvements Value: $15,324

    Sales

  • Current Sale Contract Date: Oct 30, 2014
  • Current Sale Recording Date: Nov 03, 2014
  • Current Sale Transaction ID: 1211439774
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014000129836
  • Previous Sale Recording Date: Oct 29, 2014
  • Previous Sale Contract Date: Oct 28, 2014
  • Previous Sale Amount: $115,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Nov 03, 2014
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 191
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2030

About Myrtle Beach



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Frequently Asked Questions

What neighborhood is 877 Marsala Drive located in?
The 877 Marsala Drive is a located in the neighborhood of Horry in Myrtle Beach, Myrtle Beach.
What is the average sales price for listings in 877 Marsala Drive?
The average sales price for units in 877 Marsala Drive is $0 currently.

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