$223,500
SOLD NOV 3, 2021
2 Beds
2 Baths
840 Sq Ft
$310/mo HOA Fee

Recently Sold

$266 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • Main Floor Bedroom
  • Furnished
  • Solid Surface Countertops
  • End Unit
  • Lawn
  • 4-minute walk to Hibben Memorial Park

About This Home

As of April 2023

Welcome to the Crab Shack! This cute and cozy condo is located in one of the most popular complexes in Myrtle Beach. A Place at the Beach V has a prime location right on Shore Drive and just a short walk to the oceanfront. This is your chance to have your own piece of the beach in this fully furnished, turnkey condo. You will find that substantial upgrades have been made to this unit over the past few years and is certainly not your everyday beach condo. You just won't find a condo like this one! First floor location makes for convenient in and out to the pool or parking lot. A classic two bed, two bath floor plan still allows for a spacious and comfortable place to relax and enjoy the beach life. The condo immediately gives you an updated and new feel as you enter with freshly painted walls throughout in soothing neutrals colors. This end unit floor plan has additional windows in the living area and allows for plenty of light to brighten the space. There is a true coastal vibe in the furnishings and decor. The flooring has been replaced with a washed wood luxury vinyl plank for low maintenance and high durability. Resistant to scratching and of course beach sand! An additional moisture barrier was used at install in addition to the built in membrane on the flooring material. The kitchen is bright with newly painted white cabinets and granite countertops. The cabinetry and countertops have been extended as well, allowing for a coffee bar or additional work space. There is plenty of room to prepare meals for your group and room to keep dishware and kitchen tools. The original paneling in the living and kitchen space has been removed and replaced with new drywall for a more updated feel. Most lighting throughout the unit has been replaced as well with modern fixtures. The master bedroom is bright and spacious and easily fits a king bed. There's an en-suite bath with new upgraded vanity and mirror. Just off of the bedroom you have access to the balcony and it's the best spot for morning coffee. Down the hallway, the secondary bedroom can sleep several guests or family members. A hall bathroom allows for guest use. Newly painted vanity in a trendy gray color, new lighting, bath hardware and shower plumbing trim have given this bathroom a fresh look and feel. The condo comes fully furnished with some exceptions so it's ready to enjoy! Most furniture has recently been refreshed including a new king bed and mattress. New curtain hardware and black out curtains were just installed in the living room and master bedroom. A significant added bonus of this condo is the addition of a tankless water heater (2018) and the installation of a unitized washer and dryer which most other units do not have. This leaves plenty of storage space for your beach gear. Both wall AC units were replaced in 2019. The outdoor balcony had a new moisture barrier and and carpeting installed in 2019. A Place at the Beach V has a well managed home owners association and strong financials. HOA fees are affordable and provide most of the unit utilities. The complex is very desirable and the buildings are well maintained. Owners and guests can enjoy the use of a great pool and amenity area. Tanger Outlets, Barefoot Landing and tons of restaurants are just a few miles away. Don't miss this opportunity to start living the beach life!

Last Agent to Sell the Property

Blanche Welborn

Latitude Realty License #95764 Listed on: 08/25/2021

Latitude Realty

Co-Listed By

Brie Bender

INNOVATE Real Estate License #67711

Last Buyer's Agent

Cynthia Cindy Collins

The Edgewater Group of SC LLC License #54503

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Luxury Vinyl Tile Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Flood Zone Lot

Community Details

Overview

  • Association fees include trash pickup, pool service, landscape/lawn, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
  • Low-Rise Condominium

Recreation

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,008

Year Built

Built in 1978

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Unit Location: End Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 1978
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit, Electric
  • Monthly HOA as Calculated: 310
  • HOA Management Company: REAL MANAGEMENT 843-445-6007
  • Living Room Type: Ceiling Fan
  • Lvt Date: 08/25/2021
  • Sold Total Heated Sq Ft: 840
  • Sold Total Sq Ft: 840
  • Total Heated Sq Ft: 840
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanview-Building, East Of Bus 17, Second Row Beach, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 23,917
  • Project Section Code: A Place At The Beach V - Shore Drive
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range, Oven, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 2
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 840

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl

Garage/Parking

  • Type: Condo
  • Parking: 2 Car Unit

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Apr 20, 2023
Sold by
Jones Keith A
Bought by
Phelps Shawn Richard
Seller's Agent
Linda Armstrong
CB Sea Coast Advantage MB
Buyer's Agent
Hereda Team
Carolina Crafted Homes
List Price
$244,900
Sold Price
$240,000
Premium/Discount to List
-$4,900
-2%
Views
177
Current Estimated Value
$236,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,118
Avg. Annual Appreciation
1.27%
Original Mortgage
$180,000
Outstanding Balance
$175,967
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$71,439

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 30, 2021
Sold by
Bolin Whittle Elizabeth Dawn
Bought by
Jones Keith A and Jones Kelly A
Seller's Agent
Blanche Welborn
Latitude Realty
Buyer's Agent
Cynthia Cindy Collins
The Edgewater Group of SC LLC
List Price
$232,900
Sold Price
$223,500
Premium/Discount to List
-$9,400
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$156,450
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 9, 2018
Sold by
Lynch Gladys L
Bought by
Bolin Whittle Elizabeth Dawn
Seller's Agent
Linda Armstrong
CB Sea Coast Advantage MB
Buyer's Agent
Jeanne Pino
Realty ONE Group DocksideNorth
List Price
$130,000
Sold Price
$128,000
Premium/Discount to List
-$2,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%
Source: Public Records

Range of Values:

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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 $240,000 --
Warranty Deed $223,500 --
Warranty Deed $128,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $156,450 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $240,000 -2.0% $286 / Sq Ft
01/04/2023 01/04/23 For Sale $244,900 +9.6% $292 / Sq Ft
11/03/2021 11/03/21 Sold $223,500 +0.2% $266 / Sq Ft
09/14/2021 09/14/21 Price Changed $223,000 -4.3% $265 / Sq Ft
08/25/2021 08/25/21 For Sale $232,900 +82.0% $277 / Sq Ft
08/09/2018 08/09/18 Sold $128,000 -1.5% $152 / Sq Ft
07/06/2018 07/06/18 For Sale $130,000 -- $155 / 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 $1,008 $15,000 $0 $15,000
2023 $1,008 $11,130 $0 $11,130
2021 $3,535 $11,130 $0 $11,130
2020 $1,349 $11,130 $0 $11,130
2019 $1,349 $11,130 $0 $11,130
2018 $1,397 $11,130 $0 $11,130
2017 $1,382 $6,360 $0 $6,360
2016 -- $6,360 $0 $6,360
2015 $1,382 $11,130 $0 $11,130
2014 $1,336 $6,360 $0 $6,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2118869

Coastal Carolinas Association of REALTORS®

APN: 39412020276