NOT LISTED FOR SALE

Estimated Value: $765,000 - $874,907

6 Beds
4 Baths
2,250 Sq Ft
$360/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $337,500 $150 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,223/month

65 Days on Market

Highlights

  • Property is near a beach
  • Central Heating and Cooling System
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A

About This Home

As of October 2013

What a great opportunity to own a beach home or an income producing property that you can live in 1/2 and rent out the other 1/2. So many possibilities. Yes, it needs work, but for the price of a second row beach duplex in Windy Hill area, you are going to be surprised. Each unit has three bedrooms and 2 baths, there is a separate laundry room for both units to use, outside storage area for each unit, pool and hot tub. In addition to parking in front there is room for a couple of parking spots in the back also. This home could be converted to a single family home or kept as a duplex. Choices are many and offers you many opportunities!! Don't wait too long as at this give away price, this "gem in the rough" is not going to last. Steps to the beach and near all that North Myrtle Beach has to offer!!!! Call your agent today for your own showing!!

Last Agent to Sell the Property

Beth Ross

Carolina Pines Realty License #52778 Listed on: 05/30/2013

Last Buyer's Agent

Scott Mathews

CENTURY 21 Thomas License #46963

CENTURY 21 Thomas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,365

Year Built

  • Built in 1955

Lot Details

  • 6,534

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction

Location

  • Flood Zone Lot
  • East of US 17

Utilities

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

Additional Features

  • Property is near a beach
  • Rectangular Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,365

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Four Sided Lot Measurement: 52x133x52x134
  • Estimated Year Built: 1955
  • Class: Multi-Family
  • Estimated Under Roof Sq Ft: 2250
  • Legal Description: Lt1 Windy Hill bch w/1/2
  • Sold Total Heated Sq Ft: 2050
  • Sold Total Sq Ft: 2250
  • Three Bedroom Rent Range: Unknown
  • Estimated Gross Scheduled Rent: Unknown
  • Estimated Heated Building Sq Ft: 2050
  • Estimated Operating Expense: Unknown
  • Misc Structural: Individual Water Heater, Indiv. Heat & Air
  • Number3 Br Units: 2
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Duplex
  • Parking: Assigned Parking

Utilities

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

Schools

  • Elementary School: North Myrtle Beach Elementary School - Inactive
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17, Second Row Beach
  • Zoning: R4

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Aug 20, 2013
Sold by
Taylor Bean And Whitaker Reo Llc
Bought by
Fairfax Jeffrey R
Seller's Agent
Beth Ross
Carolina Pines Realty
Buyer's Agent
Scott Mathews
CENTURY 21 Thomas
List Price
$399,900
Sold Price
$337,500
Premium/Discount to List
-$62,400
-15.6%
Total Days on Market
65
Current Estimated Value
$809,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,977
Avg. Annual Appreciation
7.77%
Original Mortgage
$253,125
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Master In Equity Horry County
Bought by
Taylor Bean & Whitaker Reo Llc

Purchase Details

Closed on
Mar 6, 2007
Sold by
Lemons Scott L
Bought by
Eibi Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 2006
Sold by
2700 North Kings Highway Llc
Bought by
Lemons Scott L

Purchase Details

Closed on
Feb 6, 2006
Sold by
Beacon Holdings Llc
Bought by
Lemons Scott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,250
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 5, 2004
Sold by
Buildings & Lands Lp
Bought by
Beacon Holdings Llc

Purchase Details

Closed on
Feb 4, 2004
Sold by
Gursky Jennifer S and Davis Thomas A
Bought by
Buildings & Lands Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Gursky Jennifer S and Estate Of James T Gursky
Bought by
Gursky Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Fairfax Jeffrey R $337,500 --
Fairfax Jeffrey R $337,500 --
Taylor Bean & Whitaker Reo Llc $1,200,000 --
Eibi Roy $1,400,000 None Available
Lemons Scott L $915,000 None Available
Lemons Scott L $965,000 None Available
Beacon Holdings Llc $390,000 --
Buildings & Lands Lp $300,000 --
Gursky Jennifer S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairfax Jeffrey R $378,750
Closed Fairfax Jeffrey R $253,125
Previous Owner Eibi Roy $280,000
Previous Owner Eibi Roy $1,050,000
Previous Owner Lemons Scott L $241,250
Previous Owner Lemons Scott L $723,750
Previous Owner Buildings & Lands Lp $240,000
Previous Owner Gursky James T $51,143
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2013 10/04/13 Sold $337,500 -15.6% $150 / Sq Ft
08/03/2013 08/03/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $399,900 -- $178 / 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 $8,365 $33,642 $16,200 $17,442
2023 $8,365 $33,642 $16,200 $17,442
2021 $7,613 $33,642 $16,200 $17,442
2020 $7,529 $33,642 $16,200 $17,442
2019 $7,263 $33,642 $16,200 $17,442
2018 $5,027 $21,974 $12,980 $8,994
2017 $4,983 $21,974 $12,980 $8,994
2016 -- $21,974 $12,980 $8,994
2015 $4,939 $21,975 $12,981 $8,994
2014 $4,004 $18,405 $12,981 $5,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1309709

Coastal Carolinas Association of REALTORS®

APN: 39104030210