NOT LISTED FOR SALE

317 16th Ave S Surfside Beach, SC 29575

Estimated Value: $697,000 - $1,047,857

Studio
10 Baths
4,261 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $429,000 $101 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,323/month

3 Days on Market

About This Home

As of June 2019

Fully-leased triplex with annual leases. Seller has owned triplex since 2002 and triplex has been fully occupied with virtually 100% occupancy over the last 17 years. High demand for rental properties like this. Leases must be honored. Two 3-BR, 2.5 bath units. One 2-BR, 2.5 bath unit. Short walk to beach. Each unit has a screened porch, decks and covered parking with storage under building.

Last Agent to Sell the Property

Kay Van Hoesen

Certifax Inc License #29627 Listed on: 05/02/2019

Last Buyer's Agent

Ryan Collins

Sloan Realty Group License #107828

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 7,405

Home Design

  • 4,261 Sq Ft Home
  • Triplex

Schools

  • Seaside Elementary School
  • Saint James Intermediate School
  • Saint James High School

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Estimated Year Built: 1999
  • Class: Multi-Family
  • Lvt Date: 05/02/2019
  • Total Heated Sq Ft: 4261
  • Two Bedroom Rent Range: $1,025
  • Three Bedroom Rent Range: $1,100-$1,110
  • Estimated Gross Scheduled Rent: $38,820 Annual
  • Number2 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: 1999

Interior Features

  • Total Sq Ft: 4449

Garage/Parking

  • Type: Triplex

Lot Info

  • Zoning: R2

Multi Family

  • Number Of Units: 3

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Intermediate School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jun 26, 2019
Sold by
Nambucca Llc
Bought by
Stathakos Nicolas P and Stathakos Jeanne N
Seller's Agent
Kay Van Hoesen
Certifax Inc
Buyer's Agent
Ryan Collins
Sloan Realty Group
List Price
$444,000
Sold Price
$429,000
Premium/Discount to List
-$15,000
-3.38%
Current Estimated Value
$917,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,949
Avg. Annual Appreciation
11.44%
Original Mortgage
$321,750
Outstanding Balance
$279,932
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$595,032

Purchase Details

Closed on
Sep 6, 2011
Sold by
Aston David John
Bought by
Nambucca Llc

Purchase Details

Closed on
Jul 3, 2002
Sold by
Gordon Dancy H and Gordon Marilyn J
Bought by
Aston David John and Crockett Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 1999
Sold by
Creekside Development Inc
Bought by
Dancy H Gordon and Dancy Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.89%
Mortgage Type
Commercial
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
Stathakos Nicolas P $429,000 --
Nambucca Llc -- --
Aston David John $365,000 --
Dancy H Gordon $333,855 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stathakos Nicolas P $321,750
Previous Owner Aston David John $285,000
Previous Owner Dancy H Gordon $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $429,000 -3.4% $101 / Sq Ft
05/02/2019 05/02/19 For Sale $444,000 -- $104 / 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 $6,685 $42,161 $15,000 $27,161
2023 $6,685 $26,594 $8,348 $18,246
2021 $6,099 $26,594 $8,348 $18,246
2020 $6,033 $26,594 $8,348 $18,246
2019 $5,117 $33,056 $8,348 $24,708
2018 $4,525 $30,620 $4,322 $26,298
2017 $4,525 $30,620 $4,322 $26,298
2016 -- $30,620 $4,322 $26,298
2015 $4,525 $30,620 $4,322 $26,298
2014 $4,382 $30,620 $4,322 $26,298
Source: Public Records

Agents Affiliated with this Home

  • Kay Van Hoesen

    Seller's Agent in 2019

    Kay Van Hoesen

    Certifax Inc

    (843) 457-8538

    2 Total Sales

    Kay Van Hoesen
    Section Image
  • Ryan Collins

    Buyer's Agent in 2019

    Ryan Collins

    Sloan Realty Group

    (910) 887-8066

    6 in this area

    77 Total Sales

    Ryan Collins
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1909899

Coastal Carolinas Association of REALTORS®

APN: 46109040100

South Carolina Horry County Surfside Beach 29575

317 16th Ave S, Surfside Beach, SC

Not Listed for Sale

MultiFamily

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