$1,795,000
SOLD MAY 4, 2022
7 Beds
6 Baths
5,500 Sq Ft
0.29 Acres

Recently Sold

$326 Per Sq Ft

5% Below List Price

29 Days on Market

Highlights

  • Primary bedroom faces the ocean
  • Boat Dock
  • Home Theater
  • Waccamaw Elementary School Rated A-
  • Boat Ramp
  • Private Pool

About This Home

As of May 2022

The property boasts a 6000 sq. ft. Beach House that sits on an oversized lot, with 7 bedrooms and 6 bathrooms as well as 2 kitchens with stainless steel sinks and appliances. This is your chance to own a beach retreat that is turn key and highly profitable investment property. Upon Sale to new owner, all future bookings revenue will transfer to buyer, great rental history and income! There are currently rental bookings for 2022 & 2023. Also included is completely functional booking website and owner provided training on rental operations will be included if desired. Docks, boat lift, jet ski ramps, Golf carts, kayaks and bbq grills are all included plus this Beach house is fully furnished. An amazing 4.3 google review rating has been maintained by the owner. Home has a Brunswick competition pool table, multiple arcade games and a hot tub that is two years old for full enjoyment of your guests. Disclaimer: All measurements provided is deemed reliable but is not guaranteed and should be independently verified by agent and buyer.

Last Agent to Sell the Property

Mike Mascearelli

NextHome The Agency Group MB Listed on: 02/22/2022

Last Buyer's Agent

Meagan Adams

BHGRE Paracle Myrtle Beach License #112799

BHGRE Paracle Myrtle Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,609

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Property fronts a channel
  • Fenced

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 5,500 Sq Ft Home
  • Wet Bar
  • Furnished
  • Bar
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Open Floorplan
  • Home Theater
  • Den
  • Recreation Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom faces the ocean
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 6 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Boat Ramp
  • Balcony
  • Deck
  • Patio
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

Overview

  • The community has rules related to fencing

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,609

Year Built

Built in 1986

Lot Details

0

Parking

8

Listing Details

  • Estimated Year Built: 1986
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Bar, Wet Bar, Ceiling Fan, Paneling, Fireplace
  • Floor Cover: Vinyl, Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Bar, Fireplace, Ceiling Fan
  • Lvt Date: 02/22/2022
  • Sold Total Heated Sq Ft: 5500
  • Sold Total Sq Ft: 6000
  • Style: Raised Beach
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 5500
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 5500
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Skylights, Split Bedroom Plan, Furnished, Fireplace
  • Other Rooms: Carolina Room, Den/Study/Library, Recreation Room, 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility, Screened Porch, Media Room
  • Primary Bathroom: Double Sink, Garden Tub, Shower, Tub, Vanity, Tub/Shower Combo
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Double Oven, Trash Compactor, Ceiling Fan, Freezer, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet, Linen Closet, Oceanfront Master Bedroom
  • Bedrooms: 7
  • Dining Room Type: Formal, Lvr/Dr Combo, Kit/Dr Combo, Fam/Dr Combo, Ceiling Fan, Vaulted/Cathedral Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 6
  • Levels: Two-Story
  • Total Sq Ft: 6000

Exterior Features

  • Exterior Features: Patio, Deck, Balcony, Front Porch, Rear Porch, Fencing, Pool-Outdoor Private, Insulated Doors/Windows, Built-In Bbq, Boat Dock, Boat Ramp
  • Exterior Finish: Masonry Accent
  • Foundation: Raised Beach
  • Number Of Acres: 0.29

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Water Public

Schools

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

Lot Info

  • Lot Location: On Channel, Inside City Limits, Channel View
  • Zoning: Residentia

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
Feb 22, 2022
Closed on
Apr 28, 2022
Sold by
Mark Mancini
Bought by
Cooke Rachel Ashkin
Seller's Agent
Mike Mascearelli
NextHome The Agency Group MB
Buyer's Agent
Meagan Adams
BHGRE Paracle Myrtle Beach
List Price
$1,899,000
Sold Price
$1,795,000
Premium/Discount to List
-$104,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$1,436,000
Outstanding Balance
$1,390,258
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,144,458

Purchase Details

Listed on
Feb 25, 2011
Closed on
Feb 3, 2012
Sold by
Bank Of America N A
Bought by
Mancini Mark
Seller's Agent
Shirley Terry
RE/MAX Ocean Forest
Buyer's Agent
Shawn Bowman
East Coast Investments
List Price
$799,995
Sold Price
$451,001
Premium/Discount to List
-$348,994
-43.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$360,801
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 26, 2010
Sold by
Williams Edward L and Lazarus Mark
Bought by
Bank Of America N A

Purchase Details

Closed on
Mar 19, 2007
Sold by
1885 Llc
Bought by
Williams Edward L and Lazarus Mark K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2006
Sold by
Williams Edward L and Lazarus Mark K
Bought by
1885 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Boyd H Alton and Boyd Mona R
Bought by
Williams Edward L and Lazarus Mark K

Purchase Details

Closed on
Aug 1, 2002
Sold by
Bennett Connie D
Bought by
Boyd H Alton and Boyd Mona R
Source: Public Records

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Range of Values:

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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
Deed $1,795,000 None Listed On Document
Special Warranty Deed $451,000 --
Foreclosure Deed $1,100,000 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $820,000 --
Survivorship Deed $725,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,436,000 New Conventional
Previous Owner $34,600 Credit Line Revolving
Previous Owner $360,801 Future Advance Clause Open End Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Unknown
Previous Owner $1,095,000 Purchase Money Mortgage
Previous Owner $847,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $2,200,000 +22.6% $400 / Sq Ft
05/04/2022 05/04/22 Sold $1,795,000 -5.5% $326 / Sq Ft
02/22/2022 02/22/22 For Sale $1,899,000 +321.1% $345 / Sq Ft
02/14/2012 02/14/12 Sold $451,001 -43.6% $85 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
02/25/2011 02/25/11 For Sale $799,995 -- $151 / 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 $26,609 $105,630 $30,000 $75,630
2023 $26,609 $105,630 $30,000 $75,630
2022 $13,236 $56,230 $27,000 $29,230
2021 $12,826 $0 $0 $0
2020 $12,809 $0 $0 $0
2019 $12,991 $0 $0 $0
2018 $13,074 $0 $0 $0
2017 $12,117 $0 $0 $0
2016 $12,054 $57,210 $0 $0
2015 $3,719 $0 $0 $0
2014 $3,719 $953,500 $575,000 $378,500
2012 -- $953,500 $575,000 $378,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2203639

Coastal Carolinas Association of REALTORS®

APN: 41-0130-020-28-00