NOT LISTED FOR SALE

Estimated Value: $494,000 - $783,000

10 Beds
6 Baths
4,706 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $525,000 $112 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,185/month

8 Days on Market

About This Home

As of August 2022

LOCATION LOCATION LOCATION!! Prime Multi Family Property Located within Walking Distance to The Beach! Situated on High Ground! Ocean View from 2nd Floor Balcony! Short Term Rental Capable! Located within the City of Myrtle Beaches Opportunity Zone!!! Consisting of Two 2 Bedroom 2 Bath units and Two 3 Bedroom 1 Bath units. Three Bedroom Units Can Easily Be Converted into Additional Units as they have Multiple Entries and are Extremely Spacious! Each Unit has Washer/ Dryer Connections. Metal Roof is 10 Years Old, other Roof is 5 Years Old. Large Storage Shed Onsite! Some Windows Have Been Replaced! Both 3 BR AC Units Are Fairly New. DO NOT DISTURB Month to Month TENANTS!!!

Last Agent to Sell the Property

Sara Mosseri

Resourceful Realty License #90618 Listed on: 07/20/2022

Last Buyer's Agent

Sara Mosseri

Resourceful Realty License #90618 Listed on: 07/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,565

Year Built

  • Built in 1940

Lot Details

  • 0.4

Interior Spaces

  • 4,706 Sq Ft Home
  • Crawl Space
  • Laundry Room

Location

  • East of US 17

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 4 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,565

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Amenities Available: Laundry Room, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1940
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 07/20/2022
  • Sold Total Heated Sq Ft: 4706
  • Sold Total Sq Ft: 4706
  • Total Heated Sq Ft: 4706
  • Number2 Br Units: 2
  • Number3 Br Units: 2
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Total Sq Ft: 4706

Exterior Features

  • Foundation: Crawl

Garage/Parking

  • Type: Quad

Utilities

  • Utilities Available: Cable Tv, Electricity, Natural Gas, Sewer, Telephone, Underground Utilities, Water Public
  • Heating Cooling: Central Air, Central Heat, Electric, Window/Wall Unit

Schools

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

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits, East Of Highway 17 Bypass
  • Zoning: Commercial

Multi Family

  • Number Of Units: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 29, 2022
Sold by
Edwards Thomas B
Bought by
306 At 1St Ave Llc
Seller's Agent
Sara Mosseri
Resourceful Realty
Buyer's Agent
Sara Mosseri
Resourceful Realty
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%
Views
3
Current Estimated Value
$638,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,945
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Nov 6, 2003
Sold by
Edwards Thomas B
Bought by
Edwards Thomas B and Edwards Shannon W
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
306 At 1St Ave Llc $525,000 --
Edwards Thomas B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $525,000 +5.0% $112 / Sq Ft
07/20/2022 07/20/22 For Sale $499,900 -- $106 / 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 $9,565 $52,887 $36,540 $16,347
2023 $9,565 $22,956 $12,528 $10,428
2021 $6,433 $24,390 $12,528 $11,862
2020 $5,917 $24,390 $12,528 $11,862
2019 $5,917 $24,390 $12,528 $11,862
2018 $5,309 $19,962 $12,528 $7,434
2017 $5,249 $19,962 $12,528 $7,434
2016 -- $19,962 $12,528 $7,434
2015 $5,190 $19,962 $12,528 $7,434
2014 $5,046 $19,962 $12,528 $7,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2216477

Coastal Carolinas Association of REALTORS®

APN: 44305030065