NOT LISTED FOR SALE

140 Magnolia Ave Unit 140 Magnolia Ave Murrells Inlet, SC 29576

Estimated Value: $857,000 - $1,571,000

6 Beds
6.5 Baths
3,300 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $510,000 $155 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $7,219/month

73 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Furnished
  • Seaside Elementary Rated A-
  • Deck
  • Solid Surface Countertops

About This Home

As of September 2020

Attention all BEACH LOVERS! This Garden City dream home sits on a large .2 acre lot, 150 ft deep. Has over 4000+ SqFt located in Garden City comes fully furnished and is turn key move-in-ready. Seller just updated the entire home with fresh paint and new landscaping for Summer of 2020. Freshly painted pool deck, new luxury outdoor lounge furniture, and gorgeous low maintenance landscaping surrounds a heated private in-ground concrete pool. Originally this home was built as a duplex, but completely remodeled as a spacious 6 bedroom 6.5 bath home that comfortably sleeps up to 19 people, and with two full size laundry rooms and hot water heaters for maximum comfort enjoyment! Immaculate modern kitchen with beautiful granite counter tops, custom built cabinets with abundant storage and a pantry. Plenty of parking for golf carts, boats & guests. Two outdoor storage closets on the first floor for all of your beach and pool toys. Convenient elevator to the second floor where the main living area, kitchen, and master suite. Come and fall in love with this amazing direct Marsh view from the 1000sq ft terrace and two covered porches less than two blocks from the Garden City pier. No HOA or HOA fees! Don't miss this opportunity! Priced to sell! With so many amenities this house is a steal, and easily comparable to homes priced Million+ throughout the Grand Strand!

Last Listed By

Christina Abbott

Ocean Front Guru Real Estate License #90666 Listed on: 06/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,268

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a marsh
  • Fenced
  • Rectangular Lot
  • Property is zoned MF

Parking

  • Tuck Under Parking
  • RV Access or Parking

Home Design

  • Stilt Home
  • Wood Frame Construction
  • Concrete Siding
  • Tile

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Ceiling Fan
  • Insulated Doors
  • Combination Dining and Living Room
  • Workshop
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Linen Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Wood 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
  • East of US 17

Community Details

Recreation

  • Community Pool

Additional Features

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,268

Year Built

Built in 1998

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Pool - Outdoor Community, Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1998
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Bar, Ceiling Fan, Wet Bar
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 06/09/2020
  • Sold Total Heated Sq Ft: 3300
  • Sold Total Sq Ft: 4300
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3300
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 500
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Furnished: Yes
  • Interior Amenities: Workshop, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Elevator-Interior
  • Primary Bathroom: Double Sink, Garden Tub, Shower
  • Kitchen Type: Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan, Linen Closet
  • Bedrooms: 6
  • Dining Room Type: Ceiling Fan, Lvr/Dr Combo
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 4300

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Pool-Outdoor Private, Boat Parking, Outside Storage Attached, Insulated Doors/Windows, Handicap Access, Elevator-Exterior, Rv Parking
  • Exterior Finish: Concrete Fiber Siding, Wood Frame
  • Number Of Acres: 0.17

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: Second Row Other, Marsh/Wetlans View, East Of Highway 17 Bypass
  • Zoning: MF

Rental Info

  • Gross Rental Income: 120000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Sep 28, 2020
Sold by
Reed James D
Bought by
Poppe Harry J and Poppe Heather A
Seller's Agent
Christina Abbott
Ocean Front Guru Real Estate
Buyer's Agent
Chris Koppel
INNOVATE Real Estate
List Price
$658,000
Sold Price
$510,000
Premium/Discount to List
-$148,000
-22.49%
Total Days on Market
73
Current Estimated Value
$1,142,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,258
Avg. Annual Appreciation
21.25%
Original Mortgage
$408,000
Outstanding Balance
$370,197
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$876,872

Purchase Details

Closed on
Jan 26, 2010
Sold by
Rogers Frank M V
Bought by
Reed James D

Purchase Details

Closed on
Mar 20, 2007
Sold by
Pinnacle Properties Of Myrtle Beach Llc
Bought by
Rogers V Frank M

Purchase Details

Closed on
Jul 5, 2005
Sold by
Broutin Chris and Broutin Donna M
Bought by
Pinnacle Properties Of Myrtle Beach Llc

Purchase Details

Closed on
Jun 20, 2005
Sold by
Dew Barge Inn Llc
Bought by
Broutin Chris and Broutin Donna M

Purchase Details

Closed on
Sep 27, 2004
Sold by
Broutin Chris and Broutin Donna M
Bought by
Dew Barge Inn Llc

Purchase Details

Closed on
Mar 5, 2004
Sold by
Foster Properties Llc
Bought by
Broutin Chris and Broutin Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,320
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2000
Sold by
Br Bennett Ronald E and Br Robert W
Bought by
Foster Properties Llc

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
Poppe Harry J $510,000 --
Reed James D $342,000 --
Rogers V Frank M $500,000 None Available
Pinnacle Properties Of Myrtle Beach Llc $575,000 --
Broutin Chris -- --
Dew Barge Inn Llc -- --
Broutin Chris $310,400 --
Foster Properties Llc $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poppe Harry J $250,000
Open Poppe Harry J $408,000
Previous Owner Broutin Chris $248,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $510,000 -22.5% $155 / Sq Ft
06/01/2020 06/01/20 For Sale $658,000 -- $199 / 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 $10,268 $42,699 $16,695 $26,004
2023 $10,268 $42,699 $16,695 $26,004
2021 $8,800 $42,699 $16,695 $26,004
2020 $6,730 $45,303 $16,695 $28,608
2019 $6,730 $45,303 $16,695 $28,608
2018 $6,064 $34,199 $12,185 $22,014
2017 $6,049 $34,199 $12,185 $22,014
2016 -- $34,199 $12,185 $22,014
2015 $6,049 $34,199 $12,185 $22,014
2014 $5,720 $34,199 $12,185 $22,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2011619

Coastal Carolinas Association of REALTORS®

APN: 47006020074