NOT LISTED FOR SALE

2059 S Waccamaw Dr Unit "Rainbow Watch" Murrells Inlet, SC 29576

Garden City Beach Neighborhood

Estimated Value: $1,733,685 - $1,959,000

7 Beds
4 Baths
2,895 Sq Ft
$631/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $1,625,000 $561 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,414/month

360 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Main Floor Bedroom
  • Waccamaw Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of August 2023

Rainbow Watch, located within the prestigious Inlet Harbour, is a direct oceanfront property. Featuring 7 bedrooms and 4.5 bathrooms, this home is perfect for large gatherings. The kitchen is equipped with two refrigerators, perfect for a house of this size. There is a large dining area with beautiful ocean views. The family room also enjoys spectacular views that draw you to the beach. Outside, enjoy a large covered deck. A private pool with ocean views provide a perfect seaside setting. This home has a concrete seawall to protect against erosion (Ocean front seawall has been completely redone according to DHEC specs). Inlet Harbour is a low density, private community at the tip of the Garden City Beach peninsula. It is walking distance to the Murrells Inlet jetties and close to Huntington Beach State Park. To see more of this property, be sure to check out the walking video tour of this property on my YouTube channel.

Last Agent to Sell the Property

Jim Allison

Dunes Realty Sales License #1401 Listed on: 07/08/2022

Last Buyer's Agent

Jim Allison

Dunes Realty Sales License #1401 Listed on: 07/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,932

Year Built

  • Built in 1987

Lot Details

  • Ocean Front
  • Rectangular Lot
  • Property is zoned RR

HOA Fees

  • $237 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Concrete Siding

Interior Spaces

  • 2,895 Sq Ft Home
  • Furnished
  • Insulated Doors
  • Open Floorplan
  • Ocean Views
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Private Pool
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include security

Additional Features

  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,932

Year Built

Built in 1987

Lot Details

0

HOA Fees

$237 per month

Parking

10

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Four Sided Lot Measurement: 80 x 153 x 80 x151
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Security, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1987
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 237
  • HOA Management Company: Jacque Bell/864-630-7248
  • Lvt Date: 07/08/2022
  • Sold Total Heated Sq Ft: 2895
  • Sold Total Sq Ft: 3000
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 10
  • Total Heated Sq Ft: 2895
  • Geo Subdivision: SC
  • Section Subdivision: Inlet Harbour
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Other Rooms: 1st Floor Bedrooms
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 7
  • Dining Room Type: Lvr/Dr Combo, Kit/Dr Combo, Fam/Dr Combo
  • Full Bathrooms: 4
  • Levels: Two-Story
  • Total Sq Ft: 3000

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Pool-Outdoor Private, Insulated Doors/Windows
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Security

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, East Of Bus 17, Oceanview Lot
  • Zoning: RR

Rental Info

  • Gross Rental Income: 81446

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
Jul 8, 2022
Closed on
Aug 30, 2023
Sold by
North Jetty Properties Llc
Bought by
Geromette Scott Daniel and Geromette Julianne Melissa
Seller's Agent
Jim Allison
Dunes Realty Sales
Buyer's Agent
Jim Allison
Dunes Realty Sales
List Price
$1,725,000
Sold Price
$1,625,000
Premium/Discount to List
-$100,000
-5.8%
Views
258
Current Estimated Value
$1,826,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,421
Avg. Annual Appreciation
5.75%
Original Mortgage
$1,300,000
Outstanding Balance
$1,278,450
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$547,971

Purchase Details

Closed on
Feb 2, 2021
Sold by
Marcham Llc
Bought by
North Jetty Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Geromette Scott Daniel $1,625,000 South Carolina Title
North Jetty Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geromette Scott Daniel $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $1,625,000 -5.8% $561 / Sq Ft
12/12/2022 12/12/22 For Sale $1,725,000 +6.2% $596 / Sq Ft
12/10/2022 12/10/22 Off Market $1,625,000 -- --
07/08/2022 07/08/22 For Sale $1,725,000 -- $596 / 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 $17,932 $67,280 $42,750 $24,530
2023 $17,932 $39,490 $27,000 $12,490
2022 $9,324 $39,490 $27,000 $12,490
2021 $9,036 $0 $0 $0
2020 $12,617 $0 $0 $0
2019 $12,049 $0 $0 $0
2018 $11,785 $0 $0 $0
2017 $10,915 $0 $0 $0
2016 $10,881 $51,642 $0 $0
2015 -- $0 $0 $0
2014 -- $860,700 $675,000 $185,700
2012 -- $1,085,700 $900,000 $185,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Allison

    Seller's Agent in 2023

    Jim Allison

    Dunes Realty Sales

    (843) 318-9652

    44 in this area

    176 Total Sales

    Jim Allison
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2215480

Coastal Carolinas Association of REALTORS®

APN: 41-0131-023-00-00

South Carolina Georgetown County Murrells Inlet 29576 Garden City Beach

2059 S Waccamaw Dr Unit "Rainbow Watch", Murrells Inlet, SC

This home is located at 2059 S Waccamaw Dr Unit "Rainbow Watch", Murrells Inlet, SC 29576 since 08 July 2022 and is currently estimated at $1,826,421, approximately $630 per square foot. This property was built in 1987. 2059 S Waccamaw Dr Unit "Rainbow Watch" is a home located in Georgetown County with nearby schools including Waccamaw Elementary School, Waccamaw Intermediate School, and Waccamaw Middle 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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