$1,050,000

124 Rainbow Dr Murrells Inlet, SC 29576

Estimated payment $6,963/month

Total Views 2,437
5 Beds
5.5 Baths
2,200 Sq Ft
$477 Price per Sq Ft

Highlights

  • Ocean View
  • Private Pool
  • Furnished
  • Seaside Elementary Rated A-
  • Deck
  • Double Oven

About This Home

Garden City Beach area's BEST opportunity, Luxury 5-bedrooms 5.5-Baths incredibly Furnished with Inground pool and Elevator. This has Both Ocean views and Marsh views. There are 3-Large Decks (2-front side and one Rear Pool View. At poolside there is a Margarita service bar for those Great Times celebrating your vacation times in Style. This Turnkey Ready to Enjoy home Truly makes a statement when you pull up to the property, Brand new Heat Pump systems Just installed so 10-year warranties in place for the new owner. The Kitchen was remodeled with the Finest Quartz and Top Line Stainless appliances, the Custom Lighting fixtures are Extreme Hi-Tech LED. Call Today for The Best Value on the South Strand and just a 5-minute walk to the World Famous Garden City Pier.

Last Listed By

Glenn Hellofs

BHHS Myrtle Beach Real Estate License #13352 Listed on: 05/20/2025

BHHS Myrtle Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,153

Year Built

  • Built in 2006

Lot Details

  • 6,098 Sq Ft Lot
  • Property fronts a marsh
  • Fenced
  • Rectangular Lot
  • Property is zoned MSF-6

Parking

  • Tuck Under Parking

Home Design

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

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Laminate Flooring
  • Ocean Views
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

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

Additional Features

  • Handicap Accessible
  • Outside City Limits

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,153

Year Built

Built in 2006

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 2006
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Wood, Laminate
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • HOA Management Company: --------------------------------------------------
  • Lvt Date: 05/21/2025
  • Sold Total Heated Sq Ft: 2200
  • Sold Total Sq Ft: 3700
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2200
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Bedroom 1: 12 x 12
  • Bedroom 2: 11 x 15.5
  • Bedroom 3: 12 x 12
  • Dining Room: 12 x 14
  • Furnished: Yes
  • Interior Amenities: Window Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Handicap Access, Elevator-Interior
  • Kitchen: 12.5 x 10
  • Living Room: 16 x 11
  • Kitchen Type: Range, Dishwasher, Refrigerator, Microwave, Breakfast Bar, Double Oven
  • Bedrooms: 5
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 3700
  • Bathroom Features:Shared Primary Bath: Shower
  • Fireplace Features:Primary Bedroom: 15.5 x 11

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Pool-Outdoor Private
  • Exterior Finish: Wood Frame, Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: Outside City Limits, Oceanview Lot, Marsh/Wetlans View
  • Zoning: MSF-6

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $13,153 $21,646 $6,963 $14,683
2023 $13,153 $21,646 $6,963 $14,683
2021 $10,126 $27,456 $8,910 $18,546
2020 $4,342 $27,456 $8,910 $18,546
2019 $4,342 $27,456 $8,910 $18,546
2018 $0 $18,822 $5,940 $12,882
2017 -- $18,624 $5,940 $12,684
2016 -- $18,624 $5,940 $12,684
2015 $3,856 $18,624 $5,940 $12,684
2014 $3,647 $18,624 $5,940 $12,684
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $1,050,000 +7.7% $477 / Sq Ft
06/16/2022 06/16/22 Sold $975,000 0.0% $443 / Sq Ft
03/17/2022 03/17/22 For Sale $975,000 +22.6% $443 / Sq Ft
08/30/2021 08/30/21 Sold $795,000 +2.6% $361 / Sq Ft
08/06/2021 08/06/21 For Sale $775,000 -- $352 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $975,000 --
Warranty Deed $795,000 --
Deed $435,000 --
Legal Action Court Order $431,000 --
Deed $850,000 Belle Terre Title Co Llc
Warranty Deed $750,000 None Available
Warranty Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $731,690 New Conventional
Closed $731,250 New Conventional
Previous Owner $372,000 New Conventional
Previous Owner $684,000 Unknown
Previous Owner $408,000 Purchase Money Mortgage
Previous Owner $199,500 Stand Alone Second
Previous Owner $649,500 Purchase Money Mortgage
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $275,000 Construction
Source: Public Records

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2512767

Coastal Carolinas Association of REALTORS®

APN: 47004010104