NOT LISTED FOR SALE

Estimated Value: $2,732,000 - $3,311,000

7 Beds
5 Baths
3,101 Sq Ft
$968/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $680,000 $219 Per Sq Ft

Est. 342% increase in value since last sale

Current estimated payment $18,755/month

36 Days on Market

Highlights

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

About This Home

As of November 2019

Property is to be sold as is condition and is reflected as land value. This 9 Bedroom, 4.5 bath "direct oceanfront" home is designed with 3 separate entrances divided with Unit 3 having 4 bedrooms, 2 bathrooms, washer/dryer and full kitchen and oceanfront balcony, Unit 2 has 1BR-1BA & Unit 1 has 3BR-1.5BA with walk out patio area. This property is sold completely furnished. Right outside the back door is a short path through the dunes to the beach. Each unit has access to an outdoor shower. HVAC replaced in 2018. Enjoy all Crescent Beach has to offer with the beach, fishing, and close proximity to all the activities in North Myrtle Beach

Last Agent to Sell the Property

Ryan Korros

RE/MAX Southern Shores Listed on: 08/27/2019

RE/MAX Southern Shores

Last Buyer's Agent

Teresa Graham

BH & G Elliott Coastal Living License #102299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,008

Year Built

  • Built in 1945

Lot Details

  • Rectangular Lot

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 3,101 Sq Ft Home
  • Direct Ocean Views

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,008

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1945
  • Class: Multi-Family
  • Lvt Date: 08/27/2019
  • Sold Total Heated Sq Ft: 3101
  • Sold Total Sq Ft: 3101
  • Total Heated Sq Ft: 3101
  • Misc Structural: Central Cable Tv
  • Safety Features: Lead Based Paint Disc.
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Total Sq Ft: 3101

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Triplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Air, Central Heat, 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: Inside City Limits, Oceanfront
  • Zoning: R-4

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

Closed on
Feb 2, 2024
Sold by
Hughes Gary D
Bought by
Greet Llc
Current Estimated Value
$3,002,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Outstanding Balance
$2,884,720
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$186,487

Purchase Details

Closed on
Jul 17, 2020
Sold by
Rbg Farms Llc
Bought by
Hughes Gary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2019
Closed on
Nov 1, 2019
Sold by
Arnette Christian Parham
Bought by
Rbg Farms Llc
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Teresa Graham
BH & G Elliott Coastal Living
List Price
$799,500
Sold Price
$680,000
Premium/Discount to List
-$119,500
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.12%
Original Mortgage
$685,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Parham Stephanie J Flaharty
Bought by
Parham Arnette Christian

Purchase Details

Closed on
Apr 2, 2007
Sold by
Parham John M
Bought by
Parham Stephanie J Flaharty

Purchase Details

Closed on
Jan 4, 2000
Sold by
Parham Anna H and Parham Anna
Bought by
Flaherty Parham Jr Dr John Manning and Flaherty Parham Stephanie Jane

Purchase Details

Closed on
Dec 16, 1999
Sold by
Parham Anna H and Henderson Anna Mclver
Bought by
Flaherty Parham Jr John Manning and Flaherty Parham Stephanie Jane
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
Greet Llc $3,000,000 --
Hughes Gary D -- --
Hughes Gary D $725,000 --
Rbg Farms Llc $680,000 --
Parham Arnette Christian -- --
Parham Stephanie J Flaharty -- None Available
Flaherty Parham Jr Dr John Manning -- --
Flaherty Parham Jr John Manning -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Gary D $2,925,000
Previous Owner Hughes Gary D $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $680,000 -2.8% $219 / Sq Ft
09/27/2019 09/27/19 Price Changed $699,900 -12.5% $226 / Sq Ft
08/27/2019 08/27/19 For Sale $799,500 -- $258 / 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 $34,008 $221,375 $66,096 $155,279
2023 $34,008 $43,364 $43,364 $0
2021 $30,956 $43,364 $43,364 $0
2020 $9,243 $41,299 $41,299 $0
2019 $10,495 $48,613 $41,299 $7,314
2018 $0 $42,397 $38,701 $3,696
2017 $9,616 $42,397 $38,701 $3,696
2016 -- $42,397 $38,701 $3,696
2015 $9,532 $42,398 $38,702 $3,696
2014 $9,226 $42,398 $38,702 $3,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1918760

Coastal Carolinas Association of REALTORS®

APN: 35715040425