NOT LISTED FOR SALE

Estimated Value: $699,000 - $791,106

8 Beds
7 Baths
6,680 Sq Ft
$112/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $970,000 $145 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $4,382/month

75 Days on Market

Highlights

  • Ocean View
  • Central Heating and Cooling System
  • Garage
  • Corner Lot

About This Home

As of September 2021

OFFERED FOR SALE: Located in the prestigious "Avenues" District of Central Myrtle Beach. Approximately 1 Acre residential "compound" bordered by North Kings Highway and North 36th and 37th Avenues. Do NOT tour without Scheduled Appointment through the Listing Office. Approximately 1 Acre. Approximately 300' Frontage on North Kings Highway. Identified as PIN#s: 42405010008 and 42405010009. "Rent Roll" Available Upon Request. Large Circular Drive off 37th Ave North. 7 Additional Parking Spaces off Kings Highway and 36th Ave North. Irrigation System. Mature Trees and Shrubs. 4 Buildings: Building 1 (Main House)-Approximately 3,840 SF. 4 Bedrooms, 2.5 Baths. 2.5 Car Garage. Renovated and Remodeled in 2014. Honey Oak Hardwood Flooring. Custom Tile Flooring in Kitchen, Modern Appliances Building 2 (Garage/Apartment)-Approximately 840 SF. 1 Bedroom, 1 Bath Buildings 3 and 4 (Cottages)-Approximately 1,100 SF Each. 2 Bedrooms, 2 Baths Each.

Last Agent to Sell the Property

Nick Sherfesee

Keystone Realty MB, LLC License #82819 Listed on: 04/23/2021

Keystone Realty MB, LLC

Last Buyer's Agent

Tammy Eaves

AllSTARS Realty - Myrtle Beach License #9062

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 1943

Lot Details

  • Corner Lot
  • Land Lease

Home Design

  • Wood Frame Construction

Interior Spaces

  • 6,680 Sq Ft Home
  • Ocean Views

Parking

  • Garage
  • 1 to 5 Parking Spaces

Location

  • East of US 17

Utilities

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,239

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Lot Description: 1 Or More Acres, Corner, Leased
  • Estimated Year Built: 1943
  • Class: Multi-Family
  • Lvt Date: 05/19/2021
  • Sold Total Heated Sq Ft: 6680
  • Sold Total Sq Ft: 6680
  • Total Heated Sq Ft: 6680
  • Misc Structural: Sep. Water Meter, Sep. Electric Meter, Individual Water Heater, Indiv. Heat & Air, Central Cable Tv
  • Safety Features: Smoke/Heat Detector, Bulglar Alarm, Fire Alarm
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1943

Interior Features

  • Total Sq Ft: 6680

Exterior Features

  • Exterior Finish: Wood Frame

Garage/Parking

  • Parking: Private Garage, 2 Car Unit

Utilities

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

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, Oceanview
  • Zoning: R15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Sep 15, 2021
Sold by
Reyelt John K
Bought by
Matthews Douglas W
Seller's Agent
Nick Sherfesee
Keystone Realty MB, LLC
Buyer's Agent
Tammy Eaves
AllSTARS Realty - Myrtle Beach
List Price
$979,000
Sold Price
$970,000
Premium/Discount to List
-$9,000
-0.92%
Total Days on Market
75
Current Estimated Value
$750,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$219,223
Avg. Annual Appreciation
-6.62%
Original Mortgage
$548,250
Outstanding Balance
$504,272
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$246,505
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
Matthews Douglas W $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Douglas W $548,250
Previous Owner Owens J Michael $362,500
Previous Owner Reeves Melissa $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $970,000 -0.9% $145 / Sq Ft
04/23/2021 04/23/21 For Sale $979,000 -- $147 / 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 $2,239 $14,040 $10,393 $3,647
2023 $2,239 $14,040 $10,393 $3,647
2021 $2,236 $31,497 $17,961 $13,536
2020 $5,427 $31,497 $17,961 $13,536
2019 $5,427 $31,497 $17,961 $13,536
2018 $4,870 $41,700 $36,840 $4,860
2017 $4,816 $41,700 $36,840 $4,860
2016 -- $41,700 $36,840 $4,860
2015 $4,761 $41,700 $36,840 $4,860
2014 $4,631 $41,700 $36,840 $4,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2111050

Coastal Carolinas Association of REALTORS®

APN: 42405010008