NOT LISTED FOR SALE

122 Rainbow Dr Unit 122 Rainbow Drive Murrells Inlet, SC 29576

Estimated Value: $657,000 - $795,400

5 Beds
7 Baths
2,500 Sq Ft
$293/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $799,999 $320 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,210/month

65 Days on Market

Highlights

  • Private Pool
  • Deck
  • Whirlpool Bathtub
  • Seaside Elementary Rated A-
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of November 2021

This is the perfect private beach Oasis! This Gorgeous home has been completely remodeled and fully updated with high end furniture. This spacious 5 bedroom home comes fully furnished with an elevator, 5 full bathrooms and 2 half baths. The additions include a new outdoor kitchen on the first floor just steps away from a beautiful private pool and hot tub. All stairs, porches, and decking replaced with trex decking. The property features an enormous lot twice the size of surrounding homes in the area, with a driveway that is over 200 ft long, leading up to the private lot and surrounding privacy fence, and mature professionally landscaped throughout.

Last Agent to Sell the Property

Christina Abbott

Ocean Front Guru Real Estate License #90666 Listed on: 05/28/2021

Last Buyer's Agent

Savannah Rhame

Century 21 Palms Realty License #122931

Century 21 Palms Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a marsh
  • Fenced
  • Irregular Lot

Parking

  • Driveway

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Insulated Doors
  • Combination Dining and Living Room
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Built-In Barbecue
  • Front Porch

Location

  • East of US 17

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,748

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Lot Description: Irregular
  • Amenities Available: Security, Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 2006
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Laminate
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Beam, Ceiling Fan
  • Lvt Date: 05/28/2021
  • Sold Total Heated Sq Ft: 2500
  • Sold Total Sq Ft: 2700
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 2500
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Electric Air Filter, Furnished, Elevator-Interior
  • Primary Bathroom: Whirlpool Tub
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level
  • Bedrooms: 5
  • Dining Room Type: Lvr/Dr Combo, Ceiling Fan, Beam Ceiling
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Levels: Three Or More
  • Total Sq Ft: 2700

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Pool-Outdoor Private, Spa/Hot Tub, Outside Storage Attached, Insulated Doors/Windows, Built-In Bbq
  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.15

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: East Of Bus 17, Marsh/Wetlans View, East Of Highway 17 Bypass
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Brown Sarah
Bought by
Polando Frederick Leon
Current Estimated Value
$732,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,275
Outstanding Balance
$213,417
Interest Rate
3.7%
Estimated Equity
$518,933

Purchase Details

Closed on
Jun 13, 2012
Sold by
Jones Robert A
Bought by
Brown Sarah E

Purchase Details

Closed on
Sep 24, 2002
Sold by
Korybski Rosamund F
Bought by
Jones Robert A and Jones Sarah E

Purchase Details

Closed on
Feb 23, 1999
Sold by
Korybski John Joseph
Bought by
Korybski Rosamund F
Source: Public Records

Range of Values:

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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
Polando Frederick Leon $243,275 --
Brown Sarah E -- --
Jones Robert A $150,000 --
Korybski Rosamund F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polando Frederick Leon $243,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $799,999 -5.9% $320 / Sq Ft
05/28/2021 05/28/21 For Sale $850,000 -- $340 / 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 $3,748 $37,383 $30,000 $7,383
2023 $3,748 $15,351 $9,207 $6,144
2021 $3,221 $15,351 $9,207 $6,144
2020 $3,091 $15,351 $9,207 $6,144
2019 $883 $16,407 $9,207 $7,200
2018 $0 $15,693 $9,207 $6,486
2017 $2,826 $15,693 $9,207 $6,486
2016 -- $15,693 $9,207 $6,486
2015 $2,826 $15,693 $9,207 $6,486
2014 $2,674 $15,693 $9,207 $6,486
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christina Abbott

    Ocean Front Guru Real Estate

    Section Image
  • Savannah Rhame

    Buyer's Agent in 2021

    Savannah Rhame

    Century 21 Palms Realty

    (803) 308-1938

    2 in this area

    36 Total Sales

    Savannah Rhame
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2111743

Coastal Carolinas Association of REALTORS®

APN: 47004010105

South Carolina Horry County Murrells Inlet 29576

122 Rainbow Dr Unit 122 Rainbow Drive, Murrells Inlet, SC

This home is located at 122 Rainbow Dr Unit 122 Rainbow Drive, Murrells Inlet, SC 29576 since 28 May 2021 and is currently estimated at $732,350, approximately $292 per square foot. This property was built in 2006. 122 Rainbow Dr Unit 122 Rainbow Drive is a home located in Horry County with nearby schools including Seaside Elementary, St. James Intermediate, and St. James Middle School.

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 2025 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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