NOT LISTED FOR SALE

Estimated Value: $445,000 - $894,000

7 Beds
5 Baths
2,765 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $292,500 $106 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,411/month

80 Days on Market

Highlights

  • Ocean View
  • Property fronts a marsh
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A

About This Home

As of February 2020

Ocean View Triplex just steps from the beach in family friendly Cherry Grove! Close to everything North Myrtle Beach has to offer!! This income producing property has 6 bedrooms 2 baths in the main house and 1 bedroom 1 bath in the separate carriage house for a total of 7 bedrooms and 5 bathrooms. Live in one unit while renting out the other two units. All three units can be rented short term or longterm. Each unit has its own full kitchen.

Last Agent to Sell the Property

Alton Swann

Keller Williams Innovate South License #94875 Listed on: 09/26/2019

Keller Williams Innovate South

Last Buyer's Agent

Pamela Irrgang

BHGRE Paracle Myrtle Beach License #110575

BHGRE Paracle Myrtle Beach

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • Property fronts a marsh
  • Rectangular Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Block Exterior

Interior Spaces

  • 2,765 Sq Ft Home
  • Ocean Views

Location

  • East of US 17

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • 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 1968

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1968
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 09/26/2019
  • Sold Total Heated Sq Ft: 2765
  • Sold Total Sq Ft: 3600
  • Total Heated Sq Ft: 2765
  • Number1 Br Units: 1
  • Number3 Br Units: 2
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Total Sq Ft: 3600

Exterior Features

  • Exterior Finish: Block, Wood Frame

Garage/Parking

  • Type: Triplex
  • Parking: Carport

Utilities

  • Utilities Available: Cable Tv, Electricity, Telephone, Water Private, Water Public

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, Oceanview, Marsh View
  • Zoning: Multi

Multi Family

  • Number Of Units: 3

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

Listed on
Sep 26, 2019
Closed on
Feb 12, 2020
Sold by
Shotwell Alfred Adam
Bought by
Myers Kevin Wesley and Myers Giovanna J
Seller's Agent
Alton Swann
Keller Williams Innovate South
Buyer's Agent
Pamela Irrgang
BHGRE Paracle Myrtle Beach
List Price
$349,900
Sold Price
$292,500
Premium/Discount to List
-$57,400
-16.4%
Total Days on Market
80
Current Estimated Value
$642,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,317
Avg. Annual Appreciation
16.02%
Original Mortgage
$287,201
Outstanding Balance
$259,821
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$382,996

Purchase Details

Closed on
Mar 15, 2005
Sold by
Case Roy Lindsay and Estate Of Earline P Case
Bought by
Case Roy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2005
Sold by
Hutson Frederick C and Hutson Linda C
Bought by
Shotwell Alfred Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 1998
Sold by
Case Roy L
Bought by
Hutson Frederick C and Hutson Linda C
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
Myers Kevin Wesley $292,500 --
Case Roy L -- None Available
Shotwell Alfred Adam $175,000 --
Hutson Frederick C $33,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Kevin Wesley $287,201
Previous Owner Shotwell Alfred Adam $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $292,500 -5.0% $106 / Sq Ft
11/18/2019 11/18/19 Price Changed $307,900 -3.8% $111 / Sq Ft
11/15/2019 11/15/19 Price Changed $319,900 -3.0% $116 / Sq Ft
10/16/2019 10/16/19 Price Changed $329,900 -5.7% $119 / Sq Ft
09/26/2019 09/26/19 For Sale $349,900 -- $127 / 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 -- $18,828 $11,040 $7,788
2023 $0 $18,828 $11,040 $7,788
2021 $4,261 $18,828 $11,040 $7,788
2020 $2,961 $16,842 $9,600 $7,242
2019 $2,856 $16,842 $9,600 $7,242
2018 $2,631 $13,668 $9,000 $4,668
2017 $2,608 $13,668 $9,000 $4,668
2016 -- $13,668 $9,000 $4,668
2015 $2,585 $13,668 $9,000 $4,668
2014 $2,502 $13,668 $9,000 $4,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1920761

Coastal Carolinas Association of REALTORS®

APN: 35115030141