$160,000
SOLD FEB 24, 2021
2 Beds
1 Bath
1,584 Sq Ft
0.26 Acres

Recently Sold

$101 Per Sq Ft

27% Below List Price

196 Days on Market

About This Home

As of February 2021

Presenting this Incredible investment opportunity. Purchase a newly renovated and highly desirable duplex in the heart of Myrtle Beach. The duplex was renovated A-Z in 2020, and both units are occupied . Near Broadway at the beach, this is your chance to own a stellar income-producing property. Each unit is 2 bedrooms and 1 bathroom. New windows, ,New doors, Structure repairs, New kitchens, New flooring, Fresh new paint, Upgrades to light fixtures,Upgrades to plumbing fixtures, New AC Units and new roof.

Last Agent to Sell the Property

Ester Esti Simantov

Own Myrtle Real Estate License #91220 Listed on: 07/23/2020

Co-Listed By

Kevin Grant

Anderson Realty Group Coastal License #11721

Last Buyer's Agent

Kevin Grant

Anderson Realty Group Coastal License #11721

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,811

Year Built

  • Built in 1984

Home Design

  • Duplex
  • Wood Frame Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • Crawl Space

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,811

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Estimated Year Built: 1984
  • Class: Multi-Family
  • Lvt Date: 07/23/2020
  • Sold Total Heated Sq Ft: 1584
  • Sold Total Sq Ft: 2100
  • Total Heated Sq Ft: 1584
  • Estimated Gross Scheduled Rent: $23,400
  • Number2 Br Units: 2
  • Utilities Owner Pays: Electric, Water/Sewer
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Total Sq Ft: 2100

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Crawl

Garage/Parking

  • Type: Duplex

Utilities

  • Heating Cooling: Central Heat, Central Air, Electric

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: Res

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Feb 24, 2021
Sold by
Nhd Hemingway Llc
Bought by
Cannon Sc Rentals Llc
Seller's Agent
Ester Esti Simantov
Own Myrtle Real Estate
Buyer's Agent
Kevin Grant
Anderson Realty Group Coastal
List Price
$219,900
Sold Price
$160,000
Premium/Discount to List
-$59,900
-27.24%
Current Estimated Value
$289,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,846
Avg. Annual Appreciation
13.37%

Purchase Details

Closed on
Feb 18, 2020
Sold by
Warren Pelzer J
Bought by
Nhd Hemingway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 21, 2019
Sold by
Corprew Holloman Talya
Bought by
Warren Pelzer J and Warren Mozella W
Seller's Agent
Kevin Grant
Anderson Realty Group Coastal
Buyer's Agent
Kevin Grant
Anderson Realty Group Coastal
List Price
$97,000
Sold Price
$60,000
Premium/Discount to List
-$37,000
-38.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.52%

Purchase Details

Closed on
Apr 29, 2016
Sold by
Corprew-Holloma Talya
Bought by
Holloman Christopher S and Holloman James E

Purchase Details

Closed on
Mar 21, 2011
Sold by
Holloman Christopher
Bought by
Corprew Holloman Talya

Purchase Details

Closed on
Nov 29, 2005
Sold by
Holloman Christopher
Bought by
Holloman Christopher and Corprew Holloman Talya

Purchase Details

Closed on
Apr 29, 2005
Sold by
Holoman Johnnie Mae and Holoman Alexander
Bought by
Holloman Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
8.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $160,000 --
Warranty Deed $95,500 --
Warranty Deed $60,000 --
Quit Claim Deed -- --
Deed -- --
Interfamily Deed Transfer -- None Available
Individual Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,500 New Conventional
Previous Owner $73,800 Fannie Mae Freddie Mac
Previous Owner $62,397 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $160,000 -13.5% $101 / Sq Ft
12/29/2020 12/29/20 Price Changed $185,000 -5.1% $117 / Sq Ft
11/11/2020 11/11/20 Price Changed $195,000 -2.5% $123 / Sq Ft
08/24/2020 08/24/20 Price Changed $199,900 -9.1% $126 / Sq Ft
07/23/2020 07/23/20 For Sale $219,900 +266.5% $139 / Sq Ft
08/23/2019 08/23/19 Sold $60,000 -36.2% $38 / Sq Ft
09/25/2018 09/25/18 Price Changed $94,000 -3.1% $59 / Sq Ft
07/26/2018 07/26/18 For Sale $97,000 -- $61 / 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 $2,811 $9,598 $1,774 $7,824
2023 $2,811 $9,598 $1,774 $7,824
2021 $2,918 $10,672 $1,774 $8,898
2020 $2,026 $7,864 $1,774 $6,090
2019 $1,853 $7,864 $1,774 $6,090
2018 $0 $6,248 $1,238 $5,010
2017 $1,644 $6,248 $1,238 $5,010
2016 -- $6,248 $1,238 $5,010
2015 $1,625 $6,248 $1,238 $5,010
2014 $1,580 $6,248 $1,238 $5,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2015186

Coastal Carolinas Association of REALTORS®

APN: 42409040003