NOT LISTED FOR SALE

309 2nd Ave N Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $492,000 - $733,965

7 Beds
3 Baths
3,550 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $300,000 $85 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,749/month

98 Days on Market

About This Home

As of February 2019

Wonderful opportunity! This quadplex property is situated on a large double lot (.40 acre) framed by mature landscaping and just steps from the ocean. There are three separate buildings on the property with 4 rental units consisting of a 3 bedroom single family home with porch, am efficiency apartment attached to a 2 car garage and a duplex with a 2 bedroom apartment on each level . The duplex also has separate access and parking. Zoning is MUH (Mixed use-high density)and can be developed as a multifamily complex, beach cotage, hotel/motel , boarding house, playground, timeshare, park, etc. Great investment property in an ideal location !

Last Agent to Sell the Property

Gregory Harrelson

Century 21 The Harrelson Group Listed on: 08/09/2018

Century 21 The Harrelson Group

Last Buyer's Agent

Christopher Hanna

CB Sea Coast Advantage CF License #12631

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1955

Lot Details

  • 0.39

Home Design

  • 3,550 Sq Ft Home
  • Slab Foundation
  • Vinyl Siding

Location

  • East of US 17

Schools

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

Utilities

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

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,337

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Four Sided Lot Measurement: 116 x 143 x 114 x 150
  • Estimated Year Built: 1955
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 08/09/2018
  • Total Heated Sq Ft: 3550
  • Two Bedroom Rent Range: 925
  • Three Bedroom Rent Range: 1200
  • Number2 Br Units: 2
  • Number3 Br Units: 1
  • Numberefficiency: 1
  • Safety Features: Lead Based Paint Disc.
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Total Sq Ft: 3550

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Quad

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Air, Central Heat

Lot Info

  • Lot Location: East Of Bus. 17
  • Zoning: MUH

Multi Family

  • Number Of Units: 4
  • Efficiency Rent Range: 500

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
Aug 9, 2018
Closed on
Feb 6, 2019
Sold by
Keppery Hilary A
Bought by
Usher Shelia E
Seller's Agent
Gregory Harrelson
Century 21 The Harrelson Group
Buyer's Agent
Christopher Hanna
CB Sea Coast Advantage CF
List Price
$429,900
Sold Price
$300,000
Premium/Discount to List
-$129,900
-30.22%
Current Estimated Value
$611,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,741
Avg. Annual Appreciation
11.01%
Original Mortgage
$489,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2017
Sold by
Raptor Properties Llc A South Carolina
Bought by
Keppery Hilary A

Purchase Details

Closed on
Apr 24, 2014
Sold by
Britton William John
Bought by
Raptor Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Usher Shelia E $300,000 --
Keppery Hilary A $285,000 None Available
Raptor Properties Llc $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Usher Shelia E $489,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2019 02/07/19 Sold $300,000 -14.3% $85 / Sq Ft
11/01/2018 11/01/18 Price Changed $350,000 -6.7% $99 / Sq Ft
09/25/2018 09/25/18 Price Changed $375,000 -6.2% $106 / Sq Ft
08/20/2018 08/20/18 Price Changed $399,900 -7.0% $113 / Sq Ft
08/09/2018 08/09/18 For Sale $429,900 -- $121 / 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 $6,337 $50,322 $36,225 $14,097
2023 $6,323 $20,826 $12,420 $8,406
2021 $5,837 $20,826 $12,420 $8,406
2020 $5,368 $20,826 $12,420 $8,406
2019 $5,247 $20,826 $12,420 $8,406
2018 $0 $17,700 $12,420 $5,280
2017 $4,655 $17,700 $12,420 $5,280
2016 -- $17,700 $12,420 $5,280
2015 $4,602 $17,700 $12,420 $5,280
2014 $4,381 $17,700 $12,420 $5,280
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gregory Harrelson

    Century 21 The Harrelson Group

    (843) 903-3550

    108 in this area

    696 Total Sales

    Gregory Harrelson
    Section Image
  • Christopher Hanna

    Buyer's Agent in 2019

    Christopher Hanna

    CB Sea Coast Advantage CF

    (843) 251-5710

    36 in this area

    189 Total Sales

    Christopher Hanna
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1816774

Coastal Carolinas Association of REALTORS®

APN: 44305030057

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

309 2nd Ave N, Myrtle Beach, SC

Not Listed for Sale

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