NOT LISTED FOR SALE

Estimated Value: $661,169 - $957,000

4 Beds
3 Baths
2,336 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $600,000 $257 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,373/month

95 Days on Market

Highlights

  • Property is near a beach
  • Forced Air Heating and Cooling System
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A
  • Laundry Room

About This Home

As of March 2023

LOCATION! VIEWS!! EXCELLENT INVESTMENT OPPORTUNITY!!! NO HOA!!! ***BACK ON THE MARKET AT NO FAULT OF THE SELLERS*** Don't Miss Out On This Incredible Opportunity!. Great CAP rate potential! Short Term Rentals are allowed! This is a perfect potential Airbnb/VRBO short term rental money maker. There are two 3 bedroom, 1.5 bath apartments and one efficiency in the rear of the property. Amazing Location! This Duplex is right on Ocean Blvd across the street from the beach and has ocean views. Hop in the golf cart or walk just up the road to the famous North Myrtle Beach Main St or Cherry Grove Pier. The beach access is just across the street! Enjoy the sights, sounds, sunrises & sunsets with your morning coffee or an evening cocktail on the porch or on the beach. New Metal Roof installed about 6 years ago. New HVAC for unit B 3 years ago. 1 water bill for all 3 units. 3 separate electricity bills. The home has never flooded since the owners bought it over 20 years ago. Contact the listing agent with any questions. SCHEDULE A SHOWING TODAY! WILL NOT LAST LONG!

Last Agent to Sell the Property

Barrett Neeley

Sloan Realty Group License #101454 Listed on: 11/16/2022

Last Buyer's Agent

Barrett Neeley

Sloan Realty Group License #101454 Listed on: 11/16/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,098

Home Design

  • Duplex
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,336 Sq Ft Home
  • Crawl Space
  • Laundry Room

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Property is near a beach
  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 2 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Laundry Room, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1958
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 11/16/2022
  • Sold Total Heated Sq Ft: 2336
  • Sold Total Sq Ft: 3006
  • Total Heated Sq Ft: 2336
  • Safety Features: Smoke/Heat Detector, Fire Walls, Lead Based Paint Disc.
  • Utilities Owner Pays: Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Total Sq Ft: 3006

Exterior Features

  • Exterior Finish: Block, Vinyl Siding
  • Foundation: Crawl

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Heat, Forced Air, Space Heater, Central Air, Window/Wall Unit, Electric

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits, Second Row Beach, East Of Highway 17 Bypass

Multi Family

  • Number Of Units: 2

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Mokla Properties Llc
Bought by
Aqua Properties Llc
Current Estimated Value
$798,600

Purchase Details

Listed on
Nov 16, 2022
Closed on
Mar 1, 2023
Sold by
Soles John Clyde
Bought by
Mokla Properties Llc
Seller's Agent
Barrett Neeley
Sloan Realty Group
Buyer's Agent
Barrett Neeley
Sloan Realty Group
List Price
$699,900
Sold Price
$600,000
Premium/Discount to List
-$99,900
-14.27%
Views
215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
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
Aqua Properties Llc -- --
Mokla Properties Llc $600,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $600,000 -9.8% $257 / Sq Ft
01/30/2023 01/30/23 Price Changed $664,900 -5.0% $285 / Sq Ft
11/16/2022 11/16/22 For Sale $699,900 -- $300 / 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 -- $22,518 $17,707 $4,811
2023 $0 $22,518 $17,707 $4,811
2021 $5,096 $29,408 $20,444 $8,964
2020 $5,040 $29,408 $20,444 $8,964
2019 $4,862 $29,408 $20,444 $8,964
2018 $4,480 $21,868 $17,686 $4,182
2017 $4,441 $21,868 $17,686 $4,182
2016 -- $21,868 $17,686 $4,182
2015 $4,402 $21,869 $17,687 $4,182
2014 $4,261 $21,869 $17,687 $4,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2225085

Coastal Carolinas Association of REALTORS®

APN: 35712040076