$530,000
SOLD MAR 25, 2022
6 Beds
5 Baths
3,180 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Ocean View
  • Property is near a beach
  • Central Heating and Cooling System
  • Ocean Drive Elementary School Rated A
  • Laundry Room
  • Rectangular Lot

About This Home

As of November 2022

GREAT LOCATION for this property being used as a DUPLEX with a separate one bedroom, one bath COTTAGE. This OCEANVIEW, SECOND ROW TO THE BEACH, CORNER LOT is perfect for an Investment Property, a Vacation Home, or your Primary dream home just waiting to add your personal touches! On the 1st level of the duplex, there is 2 bedrooms, 2 full baths, and 2 half baths, along with a huge front porch to view the ocean! The 2nd level features a Carolina Room with lots of natural light, an open living room, a dining area, kitchen, 3 bedrooms, 2 full bathrooms, and a huge balcony for entertaining overlooking the breathtaking ocean views! The 2nd level unit is being sold Fully Furnished, and has a proven solid rental history. The separate 1 story COTTAGE features a spacious living room, kitchen, master bedroom, and bathroom with washer/dryer connection plus a relaxing patio perfect for grilling and entertaining! ...Some Repair/Renovation required!.....Don't delay, call today to book a tour of this great property!!

Last Agent to Sell the Property

Stephen Holmes

Realty Group of South Carolina License #79418 Listed on: 02/09/2022

Last Buyer's Agent

Russell Auth

Century 21 Palms Realty License #122959

Century 21 Palms Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,905

Year Built

  • Built in 1936

Home Design

  • Triplex
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,180 Sq Ft Home
  • Ocean Views
  • Crawl Space
  • Laundry Room

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Property is near a beach
  • Rectangular Lot

Community Details

Overview

  • 3 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,905

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Laundry Room, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1936
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/10/2022
  • Sold Total Heated Sq Ft: 3180
  • Sold Total Sq Ft: 3380
  • Total Heated Sq Ft: 3180
  • Number1 Br Units: 1
  • Number2 Br Units: 1
  • Number3 Br Units: 1
  • Safety Features: Lead Based Paint Disc.
  • Utilities Owner Pays: Electric, Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1936

Interior Features

  • Total Sq Ft: 3380

Exterior Features

  • Exterior Finish: Wood Frame, Vinyl Siding
  • Foundation: Crawl

Garage/Parking

  • Type: Triplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Natural Gas, Sewer, Telephone, Water Public
  • Heating Cooling: Central Heat, Central Air, Electric

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: Oceanview, Second Row Beach
  • Zoning: MF

Multi Family

  • Number Of Units: 3

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Nov 17, 2022
Sold by
Gti Grp Llc
Bought by
Oceanside Oasis Mb Llc
Seller's Agent
Russell Auth
Century 21 Palms Realty
Buyer's Agent
Aaron March
Keller Williams Innovate South
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Views
10
Current Estimated Value
$1,386,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,370
Avg. Annual Appreciation
14.14%
Original Mortgage
$851,400
Outstanding Balance
$827,683
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$530,033

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 24, 2022
Sold by
Willison Tyler Alexander
Bought by
Gti Grp Llc
Seller's Agent
Stephen Holmes
Realty Group of South Carolina
Buyer's Agent
Russell Auth
Century 21 Palms Realty
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
145.43%

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 10, 2020
Sold by
Cox Daniel J
Bought by
Willison Tyler Alexander and Willison Kiersten Louise
Seller's Agent
Colby Stopper
Colby Stopper Group EXP Realty
Buyer's Agent
Ann Alexander
The Litchfield Company RE-MB
List Price
$395,000
Sold Price
$409,500
Premium/Discount to List
$14,500
3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%
Original Mortgage
$402,081
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2005
Sold by
Fincham Enterprises Llc
Bought by
Cox Daniel J and Cox Debbie Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,200
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 12, 2004
Sold by
Stokes George Boardman
Bought by
Fincham Enterprises Llc

Purchase Details

Closed on
Apr 1, 2003
Sold by
Winburn Hildred B and Winburn Donald A
Bought by
Stokes George Boardman
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 Type Sale Price Title Company
Warranty Deed $950,000 --
Warranty Deed $530,000 --
Warranty Deed $409,500 --
Deed $515,000 --
Deed $290,000 --
Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $851,400 New Conventional
Previous Owner $506,150 Mortgage Modification
Previous Owner $402,081 FHA
Previous Owner $138,200 Fannie Mae Freddie Mac
Previous Owner $173,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $950,000 -2.6% $281 / Sq Ft
09/24/2022 09/24/22 For Sale $975,000 +84.0% $288 / Sq Ft
03/25/2022 03/25/22 Sold $530,000 -3.5% $167 / Sq Ft
02/09/2022 02/09/22 For Sale $549,000 +34.1% $173 / Sq Ft
07/13/2020 07/13/20 Sold $409,500 +3.7% $129 / Sq Ft
05/28/2020 05/28/20 For Sale $395,000 0.0% $124 / Sq Ft
01/15/2020 01/15/20 Rented $1,250 0.0% --
12/12/2019 12/12/19 Price Changed $1,250 -3.8% $0 / Sq Ft
10/14/2019 10/14/19 For Rent $1,300 -- --
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 $12,905 $18,102 $11,006 $7,096
2023 $12,905 $18,102 $11,006 $7,096
2021 $5,922 $26,166 $16,434 $9,732
2020 $6,139 $21,902 $13,670 $8,232
2019 $5,922 $32,853 $20,505 $12,348
2018 $5,457 $23,850 $17,748 $6,102
2017 -- $23,850 $17,748 $6,102
2016 -- $23,850 $17,748 $6,102
2015 $5,361 $23,850 $17,748 $6,102
2014 $5,190 $23,850 $17,748 $6,102
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2202762

Coastal Carolinas Association of REALTORS®

APN: 35714020143