NOT LISTED FOR SALE

1339 S Waccamaw Dr Unit "The Ritz" Murrells Inlet, SC 29576

Garden City Beach Neighborhood

Estimated Value: $2,817,000 - $2,933,810

7 Beds
7.5 Baths
4,200 Sq Ft
$682/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $2,695,000 $642 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,275/month

5 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Furnished
  • Waccamaw Elementary School Rated A-
  • Deck
  • Formal Dining Room

About This Home

As of April 2022

"The Ritz" is the name of this classic coastal beauty with 7 bedroom, 7.5 baths to bring your friends & family that accommodates 22 located on the uncrowded beach of South Garden City! This oceanfront stunner features a wonderful outdoor oasis to enjoy a dip in your private pool, catch a few rays on the pool deck, enjoy the views from the expansive porches or walk on your private walkover and take a dip in the Ocean. The interior features spacious rooms, large windows to enjoy the beautiful Atlantic ocean views, fully appointed kitchen, plenty of room for entertaining and is offered fully furnished which includes some brand new furnishings this year. Whether your looking to live in this luxurious beach home or seeking an easy income of a spectacular beach front rental - this home needs to be at the top of your list!

Last Agent to Sell the Property

Kevin Derenzo

Beach Realty South, LLC License #46556 Listed on: 03/02/2022

Co-Listed By

Lance Garrison

Beach Realty South, LLC License #10942

Last Buyer's Agent

Lee Hewitt

Garden City Realty, Inc License #13606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,975

Year Built

  • Built in 2002

Lot Details

  • 0.27 Acre Lot
  • Ocean Front
  • Fenced
  • Rectangular Lot
  • Property is zoned RR

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Concrete Siding
  • Tile

Interior Spaces

  • 4,200 Sq Ft Home
  • Furnished
  • Bar
  • Formal Dining Room
  • Luxury Vinyl Tile Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Private Pool
  • Deck
  • Patio
  • Front Porch

Location

  • Flood Zone Lot

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,975

Year Built

Built in 2002

Lot Details

0

Parking

7

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Four Sided Lot Measurement: 75x155x75x155
  • Estimated Year Built: 2002
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Living Room Type: Bar
  • Lvt Date: 03/04/2022
  • Sold Total Heated Sq Ft: 4200
  • Sold Total Sq Ft: 8000
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 7
  • Total Heated Sq Ft: 4200
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 300
  • Section Subdivision: Inlet Pointe
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Furnished: Yes
  • Bedrooms: 7
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 8000

Exterior Features

  • Exterior Features: Patio, Deck, Front Porch, Rear Porch, Fencing, Pool-Outdoor Private
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.27

Garage/Parking

  • Type: Detached

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Lot Location: Oceanfront Lot
  • Zoning: RR

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 1, 2022
Sold by
Macc Properties Llc
Bought by
Hopper William D and Hopper Miriam N
Seller's Agent
Kevin Derenzo
Beach Realty South, LLC
Buyer's Agent
Lee Hewitt
Garden City Realty, Inc
List Price
$2,695,000
Sold Price
$2,695,000
Current Estimated Value
$2,862,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,937
Avg. Annual Appreciation
1.80%

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 2, 2016
Sold by
Branstrom Susan M and Branstrom Mark G
Bought by
Mcc Properties Llc
Seller's Agent
Kevin Derenzo
Beach Realty South, LLC
Buyer's Agent
Kevin Derenzo
Beach Realty South, LLC
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%

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
$1,360,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2003
Sold by
Scalise Sam L
Bought by
Branstrom Susan M and Branstrom Mark G

Purchase Details

Closed on
Jul 31, 2001
Sold by
Allston J H
Bought by
Scalise Sam L
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
Hopper William D $2,695,000 None Listed On Document
Mcc Properties Llc $1,700,000 --
Branstrom Susan M $1,760,000 --
Scalise Sam L $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopper William D $4,000,000
Closed Hopper William D $3,780,000
Previous Owner Mcc Properties Llc $1,360,000
Previous Owner Branstrom Mark G $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $2,695,000 0.0% $642 / Sq Ft
03/02/2022 03/02/22 For Sale $2,695,000 +58.5% $642 / Sq Ft
09/02/2016 09/02/16 Sold $1,700,000 -5.3% $447 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $1,795,000 -- $472 / 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 $36,975 $110,190 $45,000 $65,190
2023 $36,975 $146,930 $60,000 $86,930
2022 $21,386 $91,100 $60,000 $31,100
2021 $20,721 $0 $0 $0
2020 $20,693 $0 $0 $0
2019 $20,049 $0 $0 $0
2018 $20,175 $0 $0 $0
2017 $18,749 $0 $0 $0
2016 $17,652 $83,778 $0 $0
2015 $16,843 $0 $0 $0
2014 $16,843 $1,396,300 $900,000 $496,300
2012 -- $1,396,300 $900,000 $496,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2204541

Coastal Carolinas Association of REALTORS®

APN: 41-0128-051-00-00