NOT LISTED FOR SALE

114 Rainbow Dr Murrells Inlet, SC 29576

Garden City Area

Estimated Value: $561,000 - $796,497

2 Beds
1 Bath
903 Sq Ft
$795/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2023

Last sale price $480,000 $532 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,419 / mo

177 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Solid Surface Countertops
  • Seaside Elementary Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of May 2023

It's all about the location! Take advantage of this rare opportunity to own a lovely beach house just steps from the beautiful Atlantic Ocean in the highly sought-after Garden City Beach, SC. This well-maintained home has spray foam insulation, metal roof, new HVAC, updated bathroom, knotty pine throughout, screened-in porch, outside deck, attached and detached storage and new extended driveway. The downstairs storage room has a shower, sink and is big enough for a bathroom and sleeping area. The back yard is big enough for an outdoor pool. The home has only been used as a second home but would also make a nice Airbnb. Zoned for short term rentals! Alert your investors!

Last Agent to Sell the Property

Teresa Nash

CB Sea Coast Advantage MI License #41504 Listed on: 10/13/2022

Last Buyer's Agent

Peter Sollecito

CB Sea Coast Advantage MI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced
  • Rectangular Lot

Parking

  • Tuck Under Parking
  • RV Access or Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Concrete Siding

Interior Spaces

  • 903 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Screened Porch
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Flood Zone Lot
  • East of US 17

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

9,583 Sq Ft Lot

Parking

5

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Amenities Available: 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
  • Estimated Year Built: 1978
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Lvt Date: 10/14/2022
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Total Heated Sq Ft: 903
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Interior Amenities: Wind Treat Convey, Wshr/Dryer Connection, Washer/Dryer
  • Other Rooms: Screened Porch
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Range, Work Island, Dishwasher, Refrigerator, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 1050

Exterior Features

  • Exterior Features: Deck, Fencing, Boat Parking, Outside Storage Attached, Rv Parking
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.22

Garage/Parking

  • Type: Detached

Utilities

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

Lot Info

  • Lot Location: East Of Bus 17
  • Zoning: Res

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Bought by
Current Estimated Value
$717,624

Purchase Details

Closed on
Nov 1, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
0.0604%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
$350,000 --
$400,000 --
$210,000 None Available
$420,000 --
-- --
$250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $150,000
Previous Owner $649,000
Previous Owner $201,000
Previous Owner $600,000
Previous Owner $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2023 05/17/23 Sold $480,000 -5.9% $532 / Sq Ft
02/14/2023 02/14/23 Price Changed $510,000 -9.7% $565 / Sq Ft
10/13/2022 10/13/22 For Sale $565,000 +82.3% $626 / Sq Ft
07/08/2020 07/08/20 Sold $310,000 -4.6% $343 / Sq Ft View Prior Sale
11/20/2019 11/20/19 For Sale $325,000 -- $360 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,238 $0 $0 $0
2024 $6,238 $44,343 $24,000 $20,343
2023 $6,238 $25,788 $8,910 $16,878
2021 $5,351 $25,788 $8,910 $16,878
2020 $4,294 $27,546 $8,910 $18,636
2019 $4,294 $27,546 $8,910 $18,636
2018 $0 $18,618 $5,940 $12,678
2017 $3,856 $18,618 $5,940 $12,678
2016 -- $18,618 $5,940 $12,678
2015 $3,856 $18,618 $5,940 $12,678
2014 -- $18,618 $5,940 $12,678
Source: Public Records

Agents Affiliated with this Home

  • Teresa Nash

    Seller's Agent in 2023

    Teresa Nash

    CB Sea Coast Advantage MI

    (843) 446-0658

    38 Total Sales

    Teresa Nash
    Section Image
  • Peter Sollecito

    Buyer's Agent in 2023

    Peter Sollecito

    CB Sea Coast Advantage MI

    (843) 457-5592

    1,319 Total Sales

    Peter Sollecito
    Section Image
  • Paige Bird

    Seller's Agent in 2020

    Paige Bird

    RE/MAX

    (843) 450-4773

    324 Total Sales

    Paige Bird
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2222754

Coastal Carolinas Association of REALTORS®

APN: 47004010102

South Carolina Horry County Murrells Inlet 29576

114 Rainbow Dr, Murrells Inlet, SC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2026 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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