NOT LISTED FOR SALE

1037 S Waccamaw Dr Unit "ALMOST GONE" Murrells Inlet, SC 29576

Garden City Beach Neighborhood

Estimated Value: $2,146,000 - $2,372,000

5 Beds
3 Baths
1,703 Sq Ft
$1,345/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $785,000 $461 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $14,035/month

115 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Waccamaw Elementary School Rated A-
  • Main Floor Bedroom
  • Rear Porch

About This Home

As of October 2015

REDUCED for sale. A beautiful home with lots of wood the way old fashioned way beach homes were constructed. This gorgeous direct oceanfront home has a seawall under the dunes, allowing for an oceanfront pool in front of this home or in front of a new home built there. Check out the photos - It's just the best location ever!

Last Agent to Sell the Property

Cal Harrelson

Peace Sotheby's Intl Realty PI License #12833 Listed on: 05/01/2015

Peace Sotheby's Intl Realty PI

Last Buyer's Agent

Kevin Derenzo

Beach Realty South, LLC License #46556

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,276

Year Built

  • Built in 1953

Lot Details

  • Ocean Front
  • Rectangular Lot
  • Property is zoned rr

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,703 Sq Ft Home
  • Furnished
  • Window Treatments
  • Family Room with Fireplace
  • Ocean Views
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Rear Porch

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,276

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Four Sided Lot Measurement: 60x155x60x150
  • Amenities Available: Seller Disclosure, Short Term Rental Allowed
  • Estimated Year Built: 1953
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Fireplace
  • Floor Cover: Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Great Family Room: 16x15
  • Heating And Cooling: Central Air, Central Heat
  • Sold Total Heated Sq Ft: 1703
  • Sold Total Sq Ft: 2921
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 1703
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Bedroom 1: 12x12
  • Bedroom 2: 12x12
  • Bedroom 3: 12x12
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Wshr/Dryer Connection, Washer/Dryer, Furnished, Fireplace
  • Kitchen: 15x9
  • Master Bedroom: 12x12
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths
  • Kitchen Type: Breakfast Bar, Refrigerator, Range, Work Island
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Sq Ft: 2921

Exterior Features

  • Exterior Features: Deck, Rear Porch
  • Exterior Finish: Wood Frame
  • Foundation: Crawl, Raised Beach

Garage/Parking

  • Type: Detached

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, East Of Bus 17, Oceanview Lot
  • 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

Closed on
Jan 9, 2019
Sold by
Flournoy Richard W and Flournoy Nancy T
Bought by
Flournoy Rentals Llc
Current Estimated Value
$2,290,212

Purchase Details

Closed on
Jun 9, 2016
Sold by
Embler Jason T and Embler Ashley M
Bought by
Flournoy Richard W and Flournoy Nancy T

Purchase Details

Listed on
May 1, 2015
Closed on
Oct 2, 2015
Sold by
Eleazer Jeanne G
Bought by
Embler Jason T and Embler Ashley M
Seller's Agent
Cal Harrelson
Peace Sotheby's Intl Realty PI
Buyer's Agent
Kevin Derenzo
Beach Realty South, LLC
List Price
$849,000
Sold Price
$785,000
Premium/Discount to List
-$64,000
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$628,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2009
Sold by
Eleazer W Rhett
Bought by
Eleazer Jeanne G
Source: Public Records

Range of Values:

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Average Value
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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
Flournoy Rentals Llc -- None Available
Flournoy Richard W $699,000 --
Embler Jason T $785,000 --
Eleazer Jeanne G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Embler Jason T $628,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $785,000 -7.5% $461 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $849,000 -- $499 / 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 $23,276 $92,350 $54,000 $38,350
2023 $23,276 $92,350 $54,000 $38,350
2022 $21,679 $92,350 $54,000 $38,350
2021 $21,005 $0 $0 $0
2020 $20,977 $0 $0 $0
2019 $18,878 $0 $0 $0
2018 $18,996 $0 $0 $0
2017 $13,481 $54,165 $0 $0
2016 $10,325 $54,165 $0 $0
2015 $11,375 $0 $0 $0
2014 $9,511 $785,000 $750,000 $35,000
2012 -- $785,000 $750,000 $35,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1508928

Coastal Carolinas Association of REALTORS®

APN: 41-0116-051-00-00