NOT LISTED FOR SALE

Estimated Value: $1,068,000 - $2,772,000

9 Beds
6 Baths
5,684 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $2,325,000 $409 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,784/month

9 Days on Market

Highlights

  • Direct Ocean View
  • Central Heating and Cooling System
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A

About This Home

As of March 2022

This is an oceanfront Triplex named 7 Days Grace with 14 Bedrooms and 12 Bathrooms with 3 hot tubs, one on each floor. 3 Power Meters and 1 Water Meter. Awesome Rental Income & Great Investment. The 1st Floor Unit is 5 Bedrooms 4 Baths, 2nd Floor Unit is 5 Bedrooms, 4 Baths, and the 3rd Floor Unit is 4 Bedrooms and 4 Baths. Located in Cherry Grove in walking distance to great restaurants, grocery stores and entertainment. SQUARE FOOTAGE IS APPROXIMATE AND NOT GUARANTEED. BUYER IS RESPONSIBLE FOR VERIFICATION. SQUARE FOOTAGE IS APPROXIMATE AND NOT GUARANTEED. BUYER IS RESPONSIBLE FOR VERIFICATION.

Last Agent to Sell the Property

John Blanton

White Shoreline Realty License #38338 Listed on: 01/05/2022

Co-Listed By

Peter DeChamplain

ICE Mortgage Technology INC License #119651

Last Buyer's Agent

Moshe Ben-ezra

ICE Mortgage Technology INC License #100596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,011

Year Built

  • Built in 1978

Lot Details

  • Rectangular Lot

Home Design

  • Triplex
  • Raised Foundation
  • Wood Frame Construction

Interior Spaces

  • 5,684 Sq Ft Home
  • Direct Ocean Views

Schools

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

Utilities

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

Community Details

Overview

  • 3 Units
  • 7 Days Grace Condos

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,011

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 49 x 125 x 49 x 125
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1978
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 01/05/2022
  • Sold Total Heated Sq Ft: 5684
  • Sold Total Sq Ft: 7644
  • Total Heated Sq Ft: 5684
  • Complex Name: 7 days Grace
  • Estimated Gross Scheduled Rent: See Assoicated Docs
  • Misc Structural: Sep. Electric Meter, Multi-Unit Heat & Air
  • Safety Features: Smoke/Heat Detector, Lead Based Paint Disc.
  • Utilities Owner Pays: Electric, Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Total Sq Ft: 7644

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach

Garage/Parking

  • Type: Triplex

Utilities

  • Utilities Available: Cable Tv, Electricity, 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: Oceanfront
  • Zoning: RW

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

Closed on
Feb 2, 1998
Sold by
Tollison Mae E
Bought by
Tollison Mae E and Orr Bonnie T
Total Days on Market
9
Current Estimated Value
$2,247,369
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
Tollison Mae E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yz Holdings Llc $1,627,500
Closed Hudson Geoffrey C $715,200
Closed Hudson Geoffrey D $457,000
Closed Hudson Geoffrey C $465,200
Closed Hudson Geoffrey C $511,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $2,325,000 +5.7% $409 / Sq Ft
01/05/2022 01/05/22 For Sale $2,199,999 -- $387 / 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 $26,011 $52,113 $35,721 $16,392
2023 $26,011 $52,113 $35,721 $16,392
2021 $11,792 $52,113 $35,721 $16,392
2020 $11,662 $52,113 $35,721 $16,392
2019 $11,251 $52,113 $35,721 $16,392
2018 $13,021 $57,477 $35,721 $21,756
2017 $12,907 $57,477 $35,721 $21,756
2016 -- $57,477 $35,721 $21,756
2015 $12,793 $57,477 $35,721 $21,756
2014 $12,384 $57,477 $35,721 $21,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2200295

Coastal Carolinas Association of REALTORS®

APN: 35502020068