1100 Possum Trot Rd North Myrtle Beach, SC 29582

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1 bed · 1 bath · 716 sq ft · Lot Size: 8,432 sq ft · Residential Condominium
Est. Property Value: $116,479
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1100 Possum Trot Rd is in the 29582 neighborhood of North Myrtle Beach, SC. It is located in Horry County and ZIP code 29582. This Residential Condominium was built in 1988 and is approximately 37 years old. The residential condominium spans 716 sq ft with 1 bedroom and 1 bathroom and sits on a 8432 sq ft lot. According to public records, it was last sold in 2003 for $48,500 and has a tax-assessed value of $55,000, which is $163 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1100 Possum Trot Rd North Myrtle Beach, SC 29582 with Property Intel by Whitepages.

1100 Possum Trot Rd

North Myrtle Beach, SC 29582

Owner Info

Owners & Occupancy for 1100 Possum Trot Rd

This property is owned by Joseph J Zubovich. Owner contact information includes 6 phone numbers and 5 email addresses.

Property Owners

Cell Phone(216) ***-****View Cell Phone
Residence***********
Landline(614) 755-3802
Distance from Property**********
Email Address*********@yahoo.comView Email

Occupancy

Resident 1********** age 60
Resident 2************** age 44
Resident 3************* age 71
Resident 4***************** age 28
Resident 5************** age 38
Resident 6***************** age 60
Resident 7************* age 67
Resident 8*************** age 28
Resident 9********************* age 29
Resident 10******************
Resident 11********************** age 54
Resident 12***************
Resident 13**************** age 57
Resident 14************** age 64
Resident 15**************** age 52
Resident 16************* age 79
Resident 17*************** age 61
Resident 18*************** age 69
Resident 19****************** age 51
Resident 20***************** age 27

Property Financials for 1100 Possum Trot Rd

1100 Possum Trot Rd, North Myrtle Beach, SC has no known mortgage. The Horry county assessment for 2023 values it at $55,000, with annual taxes of $757.

Property Tax

Purchase DateAugust 07, 2003
Property Tax Amount$757 in 2023
Purchase Price$48,500
Assessed Value$55,000 on 2023

Investment Potential for 1100 Possum Trot Rd

The property has a current estimated value of $116,479, which is 37% below the zip median, based on public records. It last sold on August 07, 2003 for $48.5K. Projected long-term
is $20,400 annually ($1,700 per month) with a 28% occupancy rate.

Discover more Residential Condominiums in 29582.

Long-Term

Gross Rental
$20,400 per year($1,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
28%in 29582 zip code
 
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Property Details for 1100 Possum Trot Rd

Property Details

Property Sq Ft

Living Area

716 sq ft

15% above market

Lot Size

8,432 sq ft

69% below market

Price Per Sq Ft

Living Area

$163 / sq ft

46% below market

Lot Size Area

$14 / sq ft

121% above market

Property condition, age, exterior, etc. for 1100 Possu…
Longitude: -78.69649 Latitude: 33.819975 Parcel Number (APN): 35706040025…

Recommended Properties in 29582

Discover more residential condominiums near 1100 Possum Trot Rd in North Myrtle Beach, South Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1100 Possum Trot Rd in Horry County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$116,479
$163,856
-$47,377 (-29%)
$214,006
-$86,966 (-41%)
YoY Price Change
Year Built
1988
1986
2 years
Living Space
716 sq ft
624 sq ft
92 (15%)
$ Per Living Sq Ft
$163
$267
-$104 (-39%)
Lot Size
8,432 sq ft
23,582 sq ft
-15150 (-64%)
$ Per Lot Sq Ft
$14
$7
$7 (97%)

Net Operating Income
$13,212
$2,841 (22%)
Annual Revenue
$20,400
$18,600
$1,800 (10%)
$4,993
-$646 (-13%)
Net Operating Income
$13,212
$2,841 (22%)
Cap Rate
8.75%
Home Value Comparison: Property vs. Local and Regional 1-Bed Residential Condominium Medians

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