NOT LISTED FOR SALE

117 Red Cedar Ave Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $311,000 - $350,000

3 Beds
2 Baths
2,001 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $203,500 $102 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,183/month

About This Home

As of May 2019

This low country home has a beautiful kitchen overlooking your private outdoor pool. What more would you ask for and vaulted ceilings throughout make this home feel spacious and wide open. The Master bedroom suite has private access to the pool deck. Stunning wood floors complete the look. This home can truly be your oasis. Many upgrades including a 6 foot vinyl privacy fence and two year old salt water system on the pool. This home will not be on the market long. Located close to shopping and dining off the newly completed widening of Highway 707 in Myrtle Beach and close to Murrells Inlet area.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Otuel Melanie
Bought by
Otuel Ramie W
Current Estimated Value
$334,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,727
Outstanding Balance
$223,894
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$111,051

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 6, 2019
Sold by
Butler Adrienne M
Bought by
Otuel Ramie and Melanie
Seller's Agent
Carole Steele
BHHS Myrtle Beach Real Estate
Buyer's Agent
Carole Steele
BHHS Myrtle Beach Real Estate
List Price
$232,900
Sold Price
$203,500
Premium/Discount to List
-$29,400
-12.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 19, 2016
Sold by
Federal Hm Ln Mtg Corp
Bought by
Butler Adrienne M and Butler Terrance
Seller's Agent
Jerry Pinkas Team
.NON-MLS OFFICE
Buyer's Agent
Prime Group
CB Sea Coast Advantage MI
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$181,649
Interest Rate
3.6%

Purchase Details

Closed on
Jan 15, 2016
Sold by
Schafehen C V Trust
Bought by
Federal Hm Ln Mtg Corp

Purchase Details

Closed on
Apr 20, 2006
Sold by
R M B Homes Llc
Bought by
Schafehen Christopher V and Schafehen Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,391
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Kelco Llc
Bought by
R M B Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,550
Interest Rate
5.66%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

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ICE

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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

Date Buyer Sale Price Title Company
Otuel Ramie W $60,273 --
Otuel Ramie $203,500 --
Butler Adrienne M $185,000 --
Federal Hm Ln Mtg Corp -- --
Schafehen Christopher V $167,325 None Available
R M B Homes Llc $517,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otuel Ramie W $244,727
Previous Owner Otuel Ramie $200,000
Previous Owner Butler Adrienne $181,649
Previous Owner Butler Adrienne M $181,649
Previous Owner Schafehen Christopher V $156,391
Previous Owner Mundt John L $144,110
Previous Owner R M B Homes Llc $120,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2019 05/06/19 Sold $203,500 -11.1% $120 / Sq Ft
03/20/2019 03/20/19 Price Changed $228,900 -1.7% $135 / Sq Ft
03/06/2019 03/06/19 For Sale $232,900 +25.9% $137 / Sq Ft
06/10/2016 06/10/16 Sold $185,000 -2.6% $119 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $189,900 -- $123 / Sq Ft

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 $3,673 $7,912 $1,464 $6,448
2023 $3,673 $7,912 $1,464 $6,448
2021 $838 $7,912 $1,464 $6,448
2020 $733 $7,912 $1,464 $6,448
2019 $733 $11,867 $2,195 $9,672
2018 $0 $7,034 $1,342 $5,692
2017 $2,273 $7,034 $1,342 $5,692
2016 -- $7,034 $1,342 $5,692
2015 $659 $7,034 $1,342 $5,692
2014 $609 $7,034 $1,342 $5,692
Source: Public Records

Agents Affiliated with this Home

  • Carole Steele

    Seller's Agent in 2019

    Carole Steele

    BHHS Myrtle Beach Real Estate

    (843) 957-2488

    Section Image
  • Jerry Pinkas Team

    Seller's Agent in 2016

    Jerry Pinkas Team

    .NON-MLS OFFICE

    (843) 839-9870

    21 in this area

    946 Total Sales

    Jerry Pinkas Team
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Steve Smith

    Jerry Pinkas R E Experts

    7 Total Sales

    Steve Smith
    Section Image
  • Prime Group

    Buyer's Agent in 2016

    Prime Group

    CB Sea Coast Advantage MI

    (631) 786-2273

    10 in this area

    84 Total Sales

    Prime Group
    Section Image
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Map

South Carolina Horry County Myrtle Beach 29588 Burgess

117 Red Cedar Ave, Myrtle Beach, SC

Homes for Sale in Myrtle Beach, SC

This home is located at 117 Red Cedar Ave, Myrtle Beach, SC 29588 and is currently estimated at $334,945, approximately $167 per square foot. 117 Red Cedar Ave is a home located in Horry County with nearby schools including St. James Elementary School, St. James Middle School, and St. James Intermediate.

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.

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