NOT LISTED FOR SALE

1426 N Waccamaw Dr Unit 1426 Portofino I Murrells Inlet, SC 29576

Estimated Value: $764,000 - $1,240,000

4 Beds
3 Baths
1,816 Sq Ft
$589/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $1,000,000 $551 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,563/month

7 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Private Pool
  • Seaside Elementary Rated A-
  • Private Beach
  • Deck

About This Home

As of December 2021

Closing scheduled for 1/5/2022 1426 North Waccamaw Drive is situated direct oceanfront within the Portofino I community that encompasses ten homes, generous landscaping, a massive heated community pool, and private beach walkovers. Less than one mile north of the Garden City Pier and iconic downtown of Garden City Beach, you're close enough to the action but far enough away for peace and quiet. The well-maintained home has four bedrooms, three full bathrooms, and 1816 heated square feet. The flooring is LVP (luxury vinyl plank), ceramic tiles, and carpet. Two of the bedrooms are oceanfront and have access to a covered balcony. There is parking for four cars, including two covered, exterior storage, and additional living space under the home. When entering the house, you'll find a well-appointed interior that sells completely furnished. The main level features an open concept with a large living and dining area, eat-in kitchen, bedroom, and bathroom. The updated white-on-white kitchen includes quartz countertops and stainless-steel appliances. Off the living room is a covered porch and sundeck with direct access to the ground level leading to the beach and pool. Upstairs there are three more bedrooms, two bathrooms, and laundry. If you're seeking an oceanfront home in the Myrtle Beach area, this is an opportunity to own a turnkey home with built-in rental income, a heated pool, and for much less than you'd expect. Historical vacation rental income is above average, and ledgers are available upon request. Why continue to rent when you can purchase your own beach retreat. Make sure to check out the Matterport 3D Virtual Tour. It's like you're walking through the home. Link to the virtual tour: www.bit.ly/1426Portofino

Last Agent to Sell the Property

Dan Sine

Dunes Realty Sales License #26589 Listed on: 09/13/2021

Last Buyer's Agent

Chris Farrell

Keller Williams Innovate South License #95615

Keller Williams Innovate South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,471

Year Built

  • Built in 1993

Lot Details

  • 3,049 Sq Ft Lot
  • Ocean Front
  • Private Beach
  • Irregular Lot
  • Property is zoned PUD

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Wood Frame Construction
  • Siding
  • Tile

Interior Spaces

  • 1,816 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the ocean
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Rear Porch

Location

  • Flood Zone Lot
  • East of US 17
  • Outside City Limits

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, landscape/lawn, manager, common maint/repair, legal and accounting, master antenna/cable TV, internet access, pest control
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,471

Year Built

Built in 1993

Lot Details

0

HOA Fees

$528 per month

Parking

4

Listing Details

  • Lot Description: Irregular, Designated Flood Zone
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Private Beach Comm Access
  • Estimated Year Built: 1993
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Carpeting, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Forced Air, Central Air, Electric
  • Monthly HOA as Calculated: 528
  • HOA Management Company: Surfside Realty (843) 238-3435
  • Living Room Type: Ceiling Fan
  • Lvt Date: 09/13/2021
  • Sold Total Heated Sq Ft: 1816
  • Sold Total Sq Ft: 2000
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1816
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Bedroom 1: 13x10
  • Bedroom 2: 14x13
  • Bedroom 3: 16x13
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished
  • Kitchen: 20x10
  • Living Room: 20x19
  • Master Bedroom: 14x13
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet, Oceanfront Master Bedroom
  • Bedrooms: 4
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 2000

Exterior Features

  • Exterior Features: Deck, Balcony, Rear Porch, Lawn Sprinkler, Pool-Outdoor Private, Outside Storage Attached, Insulated Doors/Windows
  • Exterior Finish: Wood Frame, Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.07

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Pool Service, Landscape/Lawn, Manager, Common Maint/Repair, Legal And Accounting, Master Antenna/Cable Tv, Internet Access, Pest Control

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, Outside City Limits, East Of Bus 17, Oceanview Lot, East Of Highway 17 Bypass
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Green Adrienne Lemon
Bought by
1426 N Waccamaw Dr Llc
Current Estimated Value
$1,070,430

Purchase Details

Listed on
Sep 13, 2021
Closed on
Dec 10, 2021
Sold by
M & M Shorevestments Llc
Bought by
Green Adrienne Lemon and Green Harley Stotts
Seller's Agent
Dan Sine
Dunes Realty Sales
Buyer's Agent
Chris Farrell
Keller Williams Innovate South
List Price
$999,900
Sold Price
$1,000,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$800,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2020
Sold by
Renfro Mcduffie F
Bought by
M & M Shorevestments Llc

Purchase Details

Closed on
Oct 22, 2004
Sold by
Renfro Marianna B
Bought by
Renfro Mcduffie F and Renfro Marianna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,400
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2003
Sold by
Strohminger Henry A
Bought by
Renfro Marianna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.88%
Mortgage Type
Unknown
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
1426 N Waccamaw Dr Llc -- --
Green Adrienne Lemon $1,000,000 --
M & M Shorevestments Llc -- --
Renfro Mcduffie F -- --
Renfro Marianna B $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Adrienne Lemon $800,000
Previous Owner Renfro Mcduffie F $539,000
Previous Owner Renfro Mcduffie F $59,000
Previous Owner Renfro Mcduffie $188,000
Previous Owner Renfro Mcduffie F $566,400
Previous Owner Renfro Mcduffie F $188,800
Previous Owner Renfro Marianna B $65,000
Previous Owner Renfro Marianna B $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $1,000,000 0.0% $551 / Sq Ft
09/13/2021 09/13/21 For Sale $999,900 -- $551 / 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 $13,471 $41,958 $30,000 $11,958
2023 $13,471 $41,958 $30,000 $11,958
2021 $12,329 $41,958 $30,000 $11,958
2020 $7,889 $41,958 $30,000 $11,958
2019 $7,889 $41,958 $30,000 $11,958
2018 $0 $34,362 $16,500 $17,862
2017 $7,090 $34,362 $16,500 $17,862
2016 -- $34,362 $16,500 $17,862
2015 $7,090 $34,362 $16,500 $17,862
2014 $6,706 $34,362 $16,500 $17,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2120391

Coastal Carolinas Association of REALTORS®

APN: 47004020012