tomo logo

$425,000

Beds
5
Baths
3.5
sq ft
2,966

123 University Dr, Conway, SC 29526

123 University Dr

Conway, SC 29526

  • 4 days on market
GREAT investment property with 4 leases in place and multiple students interested in renting for 2025-2026 school year! If you are interested in making this your primary residence, collect the rental income until July 2025 and create a beautiful 3000 heated sq. foot home. Coastal Heights neighborhood is the perfect location within walking distance to Coastal Carolina University and Horry Georgetown Technical College and centrally located to historic downtown Conway and all the shopping, entertainment, dining and beaches of Myrtle Beach. Conway Medical Hospital is just a few blocks away as well. The neighborhood is a nice mix of full-time residence and university students who co-habitat quite well in this NO HOA and Hackler Golf Course community. This half-acre lot is on the golf course with a treelined buffer in the backyard. There are five bedrooms and 3.5 bathrooms. There are two primary bedrooms with en suites: one downstairs and one upstairs. Three other large bedrooms are upstairs and share a hall bathroom. In 2022, the main living area flooring was updated to LVP, one HVAC unit was replaced, and the formal living room was converted into a downstairs bedroom, full bathroom and walk-in closet. Tile flooring in the wet areas make flooring low maintenance. Carpeting in bedrooms, in hallway and on stairs are worn but price reflects these cosmetic concerns. The kitchen has stainless steel appliances, granite counters, breakfast bar, eat-in area, and custom wood cabinets and connects to the formal dining room. There is a two car side entry garage, huge front porch, large back porch, and enough parking for about 10 cars. There would be room for an RV or boat! Priced to sell so call for a showing now!

Details

Property type

Single Family Residence

Est. home value

$405,854

Lot size

0.34 acres

Price per sq ft

$144

Year built

1984

HOA

Yes

Price History

12/20/2024
MyrtleBeach

MyrtleBeach #2428607

Listed
$425,000
+19.72%
03/08/2022
MyrtleBeach

MyrtleBeach #2117878

Sold
$355,000

Schools & Community

Elementary school: 

Palmetto Bays Elementary School

Middle school: 

Black Water Middle School

High school: 

Carolina Forest High School

Community features: 

Golf

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Fsla Of Charleston

Loan start date

November 2003

Original loan amount

$160,000

Est. remaining balance

$78,128

Interest rate

5.77%

Loan type

Not Provided, 30 year

Seller

James J Farsolas and Bessie B Farsolas

Lender

Carolina Collegiate Fcu

Loan start date

October 2002

Original loan amount

$65,000

Est. remaining balance

$0

Interest rate

5.71%

Loan type

Not Provided, 10 year

Seller

James J Farsolas and Bessie B Farsolas

Lender

Peoples Federal S/L

Loan start date

July 1998

Original loan amount

$89,500

Est. remaining balance

$0

Interest rate

6.75%

Loan type

Not Provided, 15 year

Seller

James J Farsolas and Bessie B Farsolas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/24/2024 at 8:45 AM

Listing updated: 12/23/2024 at 4:10 PM

Listed by: Shelley Pettijohn, Weichert REALTORS CF Phone #: (843) 280-4445

MLS: MyrtleBeach #2428607

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