NOT LISTED FOR SALE

1005 S Waccamaw Dr Unit "Daddy O" Murrells Inlet, SC 29576

Garden City Beach Neighborhood

Estimated Value: $1,961,000 - $2,149,000

7 Beds
6 Baths
3,272 Sq Ft
$630/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $1,130,000 $345 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $12,405/month

130 Days on Market

Highlights

  • Ocean Front
  • Private Beach
  • RV Access or Parking
  • Waccamaw Elementary School Rated A-
  • Private Pool
  • Deck

About This Home

As of June 2020

1005 South Waccamaw Drive, known as Daddy-O, is located oceanfront in Garden City Beach 1.1 miles south of the Garden City Pier. The fully furnished home is seven bedrooms, six full bathrooms, measures 3272 heated square feet, comes with a private heated pool, hot tub, two 32x10 oceanfront and two 21x7 covered porches. On the main level, there is a large oceanfront living room, dining room that leads to the kitchen with stainless steel appliances and tile backsplash. There is also two bedrooms, two bathrooms. Upstairs you’ll find a loft living area, five more bedrooms, and four bathrooms. The exterior is wrapped in freshly painted concrete fiber siding, has a metal roof, parking for at least six cars. With access from the house, the main level oceanfront covered leads to the backyard and a private access to the beach. The property is situated on a recently re-nourished beach with multiple dunes and healthy sea oats. You’re just steps north of the Marlin Quay Marina, south of the small downtown restaurant district, and minutes to all Myrtle Beach has to offer. The home is currently on a vacation rental program and producing income that can offset the owner’s carrying costs. The rental history is available upon request. Why continue to rent when you can own your very own beach retreat. Make sure to check out the Matterport 3D Virtual Tour. It's like you're walking through the home. Link to the virtual tour: www.bit.ly/1005SWaccamawDr

Last Agent to Sell the Property

Dan Sine

Dunes Realty Sales License #26589 Listed on: 01/04/2020

Last Buyer's Agent

Greg Sisson

The Ocean Forest Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,123

Year Built

  • Built in 2001

Lot Details

  • 9,148 Sq Ft Lot
  • Property fronts a marsh
  • Ocean Front
  • Private Beach
  • Fenced
  • Rectangular Lot
  • Property is zoned RR

Parking

  • Tuck Under Parking
  • RV Access or Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Wood Frame Construction
  • Concrete Siding
  • Tile

Interior Spaces

  • 3,272 Sq Ft Home
  • Wet Bar
  • Furnished
  • Bar
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Formal Dining Room
  • Loft
  • Ocean Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Built-In Barbecue
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17
  • Outside City Limits

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • The community has rules related to fencing, allowable golf cart usage in the community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,123

Year Built

Built in 2001

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Four Sided Lot Measurement: 61x150x60x150
  • Amenities Available: Pool - Outdoor Community, Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Private Beach Comm Access
  • Estimated Year Built: 2001
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Bar, Ceiling Fan, Wet Bar
  • Floor Cover: Carpeting, Laminate, Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Great Family Room: 25x20
  • Heating And Cooling: Central Air, Central Heat, Electric, Forced Air
  • Living Room Type: Ceiling Fan
  • Lvt Date: 01/04/2020
  • Sold Total Heated Sq Ft: 3272
  • Sold Total Sq Ft: 4250
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3272
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Bedroom 1: 18x11 13x11
  • Bedroom 2: 13x11 13x11
  • Bedroom 3: 13x11 13x11
  • Dining Room: 16x11
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Stairs To Attic, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished
  • Kitchen: 11x10
  • Living Room: 12x11 Loft
  • Master Bedroom: 13x11
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Loft, Laundry/Utility
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range Hood, Range, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet
  • Bedrooms: 7
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 6
  • Levels: Two-Story
  • Total Sq Ft: 4250

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Pool-Outdoor Private, Spa/Hot Tub, Boat Parking, Insulated Doors/Windows, Built-In Bbq, Rv Parking
  • Exterior Finish: Concrete Fiber Siding, Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.21

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Lot Location: Oceanfront Lot, Outside City Limits, East Of Bus 17, Oceanview Lot, Marsh/Wetlans View, East Of Highway 17 Bypass
  • Zoning: RR

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2020
Closed on
Jun 26, 2020
Sold by
Brown Morris E and Brown Bonnilyn
Bought by
Redhound Rentals Llc
Seller's Agent
Dan Sine
Dunes Realty Sales
Buyer's Agent
Greg Sisson
The Ocean Forest Company
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%
Current Estimated Value
$2,060,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$930,486
Avg. Annual Appreciation
10.11%
Original Mortgage
$960,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jun 1, 2012
Sold by
First South Bank
Bought by
Brown Morris and Brown Bonnilyn
Seller's Agent
Kevin Derenzo
Beach Realty South, LLC
Buyer's Agent
Laura Connelly
Dunes Realty Sales
List Price
$1,070,000
Sold Price
$930,000
Premium/Discount to List
-$140,000
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$732,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 12, 2012
Closed on
Apr 10, 2012
Sold by
Tidelands Investments Llc
Bought by
First South Bank
Seller's Agent
Kevin Derenzo
Beach Realty South, LLC
Buyer's Agent
Laura Connelly
Dunes Realty Sales
List Price
$1,070,000
Sold Price
$930,000
Premium/Discount to List
-$140,000
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 27, 2008
Sold by
Inlet Marina & Boat House Llc
Bought by
Tidelands Investments Llc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Redhound Rentals Llc $1,130,000 None Available
Brown Morris $930,000 --
First South Bank $1,850,000 --
Tidelands Investments Llc $3,000,000 --
Inlet Marina & Boat House Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redhound Rentals Llc $930,000
Closed Redhound Rentals Llc $960,500
Previous Owner Brown Morris $732,000
Closed Tidelands Investments Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 For Sale $1,200,000 +6.2% $367 / Sq Ft
07/02/2020 07/02/20 Off Market $1,130,000 -- --
06/30/2020 06/30/20 Sold $1,130,000 -5.8% $345 / Sq Ft
01/04/2020 01/04/20 For Sale $1,200,000 +29.0% $367 / Sq Ft
06/01/2012 06/01/12 Sold $930,000 -13.1% $282 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $1,070,000 -- $324 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,123 $64,230 $42,000 $22,230
2023 $17,123 $64,230 $42,000 $22,230
2022 $15,107 $64,230 $42,000 $22,230
2021 $14,638 $0 $0 $0
2020 $15,489 $0 $0 $0
2019 $16,283 $0 $0 $0
2018 $16,385 $0 $0 $0
2017 $15,209 $0 $0 $0
2016 $15,130 $71,808 $0 $0
2015 $14,429 $0 $0 $0
2014 $14,429 $1,195,000 $900,000 $295,000
2012 -- $1,275,000 $900,000 $375,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2000205

Coastal Carolinas Association of REALTORS®

APN: 41-0112-104-00-00