NOT LISTED FOR SALE

Estimated Value: $1,825,000 - $1,981,000

6 Beds
4 Baths
10,316 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 07, 2021

Last sale price $1,321,795 $128 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $11,770/month

11 Days on Market

Highlights

  • Direct Ocean View
  • Community Pool
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of February 2021

WOW! Very large Ocean front duplex with elevator and pool with great view of beach with its own boardwalk to beach, Both unit have 7 bedrooms and 7 baths with large kitchens and living area plus a recreation area. Units can be joined on 2nd and 4th floor or can be locked out. Units are unfurnished, Each unit has own water and electric meter. This is a great opportunity with much potential to own a great beach property in a perfect place along the coast. Very unique place.

Last Agent to Sell the Property

Rodney Prince

Eagle Realty License #23512 Listed on: 12/03/2020

Last Buyer's Agent

Stephen Holmes

Realty Group of South Carolina License #79418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,015

Year Built

  • Built in 2007

Lot Details

  • Rectangular Lot

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 10,316 Sq Ft Home
  • Direct Ocean Views

Utilities

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

Community Details

Overview

  • 2 Units
  • Tenacity Condos

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,015

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Pool
  • Estimated Year Built: 2007
  • Class: Multi-Family
  • Lvt Date: 12/04/2020
  • Sold Total Heated Sq Ft: 10316
  • Sold Total Sq Ft: 10316
  • Total Heated Sq Ft: 10316
  • Complex Name: Tenacity
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2007

Interior Features

  • Total Sq Ft: 10316

Exterior Features

  • Exterior Finish: Stucco

Garage/Parking

  • Type: Duplex

Utilities

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

Schools

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

Lot Info

  • Lot Location: Oceanfront
  • Zoning: MF

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 1, 2021
Sold by
Fay Servicing Llc
Bought by
Noble Properties Usa Llc
Seller's Agent
Rodney Prince
Eagle Realty
Buyer's Agent
Stephen Holmes
Realty Group of South Carolina
List Price
$1,350,000
Sold Price
$1,321,795
Premium/Discount to List
-$28,205
-2.09%
Current Estimated Value
$1,887,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,140
Avg. Annual Appreciation
7.93%
Original Mortgage
$2,062,500
Outstanding Balance
$1,843,082
Interest Rate
2.65%
Mortgage Type
Commercial
Estimated Equity
$44,853

Purchase Details

Closed on
Sep 30, 2020
Sold by
Tenacity Llc
Bought by
Wilmington Savings Fund Society Fsb and Citigroup Mortgage Loan Trust 2015A

Purchase Details

Closed on
May 26, 2006
Sold by
Thomas Greg
Bought by
Tenacity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.44%
Mortgage Type
Balloon

Purchase Details

Closed on
May 18, 2006
Sold by
Ora R Stokes Llc
Bought by
Thomas Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.44%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 27, 1999
Sold by
Stokes Ora Selene and Stokes Ora R
Bought by
Ora R Stokes Ltd Liability Company
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 Buyer Sale Price Title Company
Noble Properties Usa Llc $1,321,795 --
Wilmington Savings Fund Society Fsb -- --
Tenacity Llc -- None Available
Thomas Greg $1,600,000 None Available
Ora R Stokes Ltd Liability Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noble Properties Usa Llc $2,062,500
Previous Owner Thomas Greg $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2021 02/07/21 Sold $1,321,795 -2.1% $128 / Sq Ft
12/03/2020 12/03/20 For Sale $1,350,000 -- $131 / 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 $21,015 $168,717 $76,603 $92,114
2023 $21,015 $84,523 $42,229 $42,294
2021 $19,127 $84,523 $42,229 $42,294
2020 $24,088 $123,673 $42,229 $81,444
2019 $23,237 $123,673 $42,229 $81,444
2018 $0 $93,592 $36,154 $57,438
2017 $21,226 $93,592 $36,154 $57,438
2016 -- $93,592 $36,154 $57,438
2015 $21,039 $93,592 $36,154 $57,438
2014 $20,365 $93,592 $36,154 $57,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2025474

Coastal Carolinas Association of REALTORS®

APN: 35714020146