NOT LISTED FOR SALE

116 S Waccamaw Dr Unit 101 Murrells Inlet, SC 29576

Estimated Value: $225,000 - $242,000

1 Bed
1 Bath
400 Sq Ft
$280/mo HOA Fee

Last Sold July 29, 2016

Last sale price $125,000 $312 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,648/month

31 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Community Pool
  • Seaside Elementary Rated A-
  • Solid Surface Countertops
  • Balcony

About This Home

As of July 2016

Here is a rare opportunity to be in the center of it all. This is an ocean front recently renovated unit on the first floor of a raised building situated next to the Garden City Pier. It's an end unit providing more light from said windows. Across the street is Sam's Corner and the Pavilion Arcade. It features a a queen sized bed, bunk beds and a sleeper sofa - sleeps 6. An easy walk to restaurants, and shopping, and of course the Pier with it's live entertainment on summer evenings. It's a short drive to grocery stores, the Murrells Inlet Marsh Walk, and all the fun things that make a place at the beach special. When this unit was on the rental program it was in constant demand - with its location in Garden City, and its first floor, corner unit location, it was the most rented unit in the building. It has not been on the rental program for the past 6 years and is in pristine condition.

Last Agent to Sell the Property

Ruthie Kearns

CENTURY 21 Boling & Associates License #74962 Listed on: 04/11/2016

CENTURY 21 Boling & Associates

Last Buyer's Agent

Jim Allison

Dunes Realty Sales License #1401

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,806

Year Built

  • Built in 1982

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 400 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Ocean Front
  • Flood Zone Lot

Community Details

Overview

  • Association fees include trash pickup, pool service, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,806

Year Built

Built in 1982

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Cable Tv, Internet Access, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 1982
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 280
  • HOA Management Company: Old Colony 843-238-0234
  • Lvt Date: 04/12/2016
  • Total Heated Sq Ft: 400
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Outside Storage Attached
  • HOA Fees include insurance: Yes
  • Project Section Code: Duneside III
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Furnished, Enter Through Foyer
  • Kitchen Type: Dishwasher, Refrigerator, Range, Work Island, Microwave, Range Hood, Solid Surface Countertops
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 500

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

Lot Info

  • Zoning: RR

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jul 29, 2016
Sold by
Ey Douglas J
Bought by
Ashton Joseph L
Seller's Agent
Ruthie Kearns
CENTURY 21 Boling & Associates
Buyer's Agent
Jim Allison
Dunes Realty Sales
List Price
$144,000
Sold Price
$125,000
Premium/Discount to List
-$19,000
-13.19%
Current Estimated Value
$232,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,004
Avg. Annual Appreciation
6.91%
Original Mortgage
$106,250
Outstanding Balance
$84,775
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$147,229

Purchase Details

Closed on
Nov 21, 2007
Sold by
Hang Ten Homes Llc
Bought by
Ey Douglas J and Ey Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2005
Sold by
Lastinger Frank L and Lastinger Connie F
Bought by
Hodshon Jay and Hodshon Deborah
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
Ashton Joseph L $125,000 --
Ey Douglas J $176,000 Attorney
Hodshon Jay $96,125 --
Liebman David $96,125 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashton Joseph L $106,250
Closed Ashton Joseph L $106,250
Previous Owner Ey Douglas J $140,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $125,000 -13.2% $313 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $144,000 -- $360 / 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 $1,806 $14,400 $0 $14,400
2023 $1,806 $12,600 $0 $12,600
2021 $1,558 $12,600 $0 $12,600
2020 $1,474 $12,600 $0 $12,600
2019 $1,474 $12,600 $0 $12,600
2018 $0 $12,600 $0 $12,600
2017 $1,509 $7,200 $0 $7,200
2016 -- $4,920 $0 $4,920
2015 $1,040 $8,610 $0 $8,610
2014 $985 $4,920 $0 $4,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1607844

Coastal Carolinas Association of REALTORS®

APN: 47006030103