NOT LISTED FOR SALE

205 5th Ave S North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $935,000 - $1,012,014

6 Beds
6 Baths
2,572 Sq Ft
$382/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $790,000 $307 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,239/month

10 Days on Market

Highlights

  • Corner Lot
  • Ocean Drive Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of August 2021

Come see this fabulous 6BR/6BA triplex one block from the ocean, and just 5 blocks from Ocean Drive in North Myrtle Beach. The versatility of this property allows you to enjoy one unit, while renting the other one or two for income producing purposes. This multi-family unit has been meticulously maintained and beautifully decorated. All furnishings and appliances convey. Whether you want to sit and relax on the expansive front porches, walk to the beach, or walk to all the shopping and dining attractions along Ocean Drive, this property allows you to choose among all of these options with it's amazing convenience to everything you need. New HVAC units on both upstairs and downstairs units of the duplex, plenty of parking, outdoor shower, and NO HOA! If you, or someone you know, are looking for the perfect home away from home, with the ability to produce income as well, this is the perfect property to suit those needs. Don't miss out on this incredible opportunity, and schedule your showing through showing time today! All measurements and data are deemed reliable, but not guaranteed. Buyer and/or buyer's agent are responsible for verification. This property is also listed under Residential as MLS #2115776.

Last Agent to Sell the Property

Kim Brooks

Leonard Call - Kingston License #96703 Listed on: 07/19/2021

Last Buyer's Agent

John Nguyen

Realty ONE Group Dockside License #68186

Realty ONE Group Dockside

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • Corner Lot
  • Rectangular Lot

Home Design

  • 2,572 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Vinyl Siding

Location

  • East of US 17

Utilities

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

Community Details

Overview

  • 3 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Lot Description: Rectangular, Corner
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1956
  • Class: Multi-Family
  • Lvt Date: 07/19/2021
  • Sold Total Heated Sq Ft: 2572
  • Sold Total Sq Ft: 2950
  • Total Heated Sq Ft: 2572
  • Misc Structural: Individual Water Heater, Indiv. Heat & Air
  • Number2 Br Units: 3
  • Safety Features: Smoke/Heat Detector, Lead Based Paint Disc.
  • Utilities Owner Pays: Electric, Water/Sewer, Trash
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Total Sq Ft: 2950

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Triplex

Utilities

  • Utilities Available: Cable Tv, Electricity, 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: East Of Bus. 17, Inside City Limits
  • Zoning: RE

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Aug 23, 2021
Sold by
Smith Mark T
Bought by
Cong & Hoa Investment Llc
Seller's Agent
Kim Brooks
Leonard Call - Kingston
Buyer's Agent
John Nguyen
Realty ONE Group Dockside
List Price
$950,000
Sold Price
$790,000
Premium/Discount to List
-$160,000
-16.84%
Current Estimated Value
$983,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,254
Avg. Annual Appreciation
5.15%

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 3, 2020
Sold by
Whitley Terri
Bought by
Smith Mark T and Smith Candace R
Seller's Agent
Diana Gallorini
Real Broker, LLC (Greenville)
Buyer's Agent
Kim Brooks
Leonard Call - Kingston
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.54%

Purchase Details

Closed on
Jul 26, 2018
Sold by
Dean Stuart M
Bought by
Whitley Terri

Purchase Details

Listed on
Nov 6, 2016
Closed on
Feb 28, 2017
Sold by
Hezar
Bought by
Dean Stuart M
Seller's Agent
Christine Howard
CRG Homes
Buyer's Agent
Mike Green
Coastal Vision Properties LLC
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$270,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2014
Closed on
Nov 13, 2014
Sold by
Wallace Arnold L and Wallace William K
Bought by
Hezar & Hezar Llc
Seller's Agent
Mitch Gainforth
Gainforth Real Estate
Buyer's Agent
Renee' Stepp
Every Stepp Realty LLC
List Price
$379,900
Sold Price
$349,233
Premium/Discount to List
-$30,667
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$262,500
Interest Rate
5.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Cong & Hoa Investment Llc $790,000 --
Smith Mark T $425,000 --
Whitley Terri $370,000 --
Dean Stuart M $360,000 --
Hezar & Hezar Llc $349,233 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dean Stuart M $270,000
Previous Owner Hezar & Hezar Llc $262,500
Previous Owner Wallace Arnold L $65,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $790,000 -16.8% $307 / Sq Ft
07/19/2021 07/19/21 For Sale $950,000 +123.5% $369 / Sq Ft
06/03/2020 06/03/20 Sold $425,000 -4.5% $165 / Sq Ft
04/23/2020 04/23/20 For Sale $445,000 +23.6% $173 / Sq Ft
03/08/2017 03/08/17 Sold $360,000 -5.3% $129 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
11/06/2016 11/06/16 For Sale $380,000 +8.8% $136 / Sq Ft
11/14/2014 11/14/14 Sold $349,233 -8.1% $129 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $379,900 -- $141 / 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 -- $51,024 $28,800 $22,224
2023 $0 $25,213 $9,583 $15,630
2021 $11,297 $25,213 $9,583 $15,630
2020 $4,881 $21,810 $8,712 $13,098
2019 $4,709 $21,810 $8,712 $13,098
2018 $4,942 $21,597 $5,445 $16,152
2017 $0 $16,533 $5,445 $11,088
2016 -- $23,034 $3,630 $19,404
2015 $3,716 $11,022 $3,630 $19,404
2014 -- $15,066 $4,950 $10,116
Source: Public Records

Agents Affiliated with this Home

  • Kim Brooks

    Seller's Agent in 2021

    Kim Brooks

    Leonard Call - Kingston

    (910) 734-0548

    7 in this area

    51 Total Sales

    Kim Brooks
    Section Image

  • J

    Buyer's Agent in 2021

    John Nguyen

    Realty ONE Group Dockside

    (843) 902-5556

    1 in this area

    100 Total Sales

    John Nguyen
    Section Image
  • Diana Gallorini

    Seller's Agent in 2020

    Diana Gallorini

    Real Broker, LLC (Greenville)

    (843) 999-0175

    5 Total Sales

    Diana Gallorini
    Section Image
  • Christine Howard

    Seller's Agent in 2017

    Christine Howard

    CRG Homes

    (843) 467-8880

    28 in this area

    187 Total Sales

    Christine Howard
    Section Image
  • Mike Green

    Buyer's Agent in 2017

    Mike Green

    Coastal Vision Properties LLC

    (843) 855-1816

    35 in this area

    236 Total Sales

    Mike Green
    Section Image
  • Mitch Gainforth

    Seller's Agent in 2014

    Mitch Gainforth

    Gainforth Real Estate

    (843) 446-4764

    2 in this area

    44 Total Sales

    Mitch Gainforth
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2115689

Coastal Carolinas Association of REALTORS®

APN: 35608030490

South Carolina Horry County North Myrtle Beach 29582 Ocean Drive

205 5th Ave S, North Myrtle Beach, SC

This home is located at 205 5th Ave S, North Myrtle Beach, SC 29582 since 19 July 2021 and is currently estimated at $983,254, approximately $382 per square foot. This property was built in 1956. 205 5th Ave S is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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