$530,000
SOLD MAR 3, 2023

3700 Ed Smith Ave Myrtle Beach, SC 29588

5 Beds
3 Baths
2,730 Sq Ft
1.15 Acres

Recently Sold

$194 Per Sq Ft

15% Below List Price

317 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • 1.15 Acre Lot
  • Low Country Architecture
  • Forestbrook Elementary School Rated A
  • Vaulted Ceiling
  • Stainless Steel Appliances

About This Home

As of March 2023

This is a great 5br/3ba upgraded home situated on over one acre directly on the ICW with approximately 120ft of ICW frontage. As of Nov 2022, the home has been completed repainted, brand new flooring and carpet, and 2/3 of the kitchen is brand new. This home is situated at the end of the street on a cul-de-sac surrounded by gorgeous trees offering incredible views of the waterway. There is no HOA. This home and lot offers tons of possibilities for the new owner. The master bedroom loft boasts beautiful views of the ICW. If you are someone who likes to entertain, this open floor plan will allow your family and friends the perfect setting to enjoy with your guests, along with the wraparound porch overlooking the waterway. The current owner made some fantastic improvements such as upgraded flooring, granite counters, and stainless appliances. If you are looking for a gorgeous setting nestled along the ICW with no HOA and endless possibilities, this home is it. This property can be subdivided.

Last Agent to Sell the Property

TJ O'Brien

RE/MAX Southern Shores Listed on: 03/21/2022

Last Buyer's Agent

Denise Coleman

CB Sea Coast Advantage MI License #6516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,593

Year Built

  • Built in 1971

Lot Details

  • 1.15 Acre Lot
  • Property fronts an intracoastal waterway
  • Property is zoned cfa

Parking

  • 1 Car Attached Garage

Home Design

  • Low Country Architecture

Interior Spaces

  • 2,730 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Dining Area

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Rear Porch

Schools

  • Forestbrook Elementary School
  • Forestbrook Middle School
  • Socastee High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,593

Year Built

Built in 1971

Lot Details

0

Parking

6

Listing Details

  • Amenities Available: Long Term Rental Allowed
  • Estimated Year Built: 1971
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Vaulted/Cathedral Ceiling
  • Lvt Date: 03/21/2022
  • Sold Total Heated Sq Ft: 2730
  • Sold Total Sq Ft: 3020
  • Style: Low Country
  • Type Of Parking: Attached 1-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2730
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Kitchen Type: Range, Dishwasher, Refrigerator, Microwave, Breakfast Bar, Stainless Steel Apps.
  • Bedrooms: 5
  • Dining Room Type: Area
  • Full Bathrooms: 3
  • Levels: Three Or More
  • Total Sq Ft: 3020

Exterior Features

  • Exterior Features: Rear Porch
  • Number Of Acres: 1.15

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric

Schools

  • Elementary School: Forestbrook Elementary School
  • Middle School: Forestbrook Middle School
  • High School: Socastee High School

Lot Info

  • Lot Location: On Icw
  • Zoning: cfa

MLS Schools

  • Elementary School: Forestbrook Elementary School
  • HighSchool: Socastee High School
  • Middle School: Forestbrook Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Mar 3, 2023
Sold by
Smith Max Roy
Bought by
Chadwick Gerald A
Seller's Agent
TJ O'Brien
RE/MAX Southern Shores
Buyer's Agent
Denise Coleman
CB Sea Coast Advantage MI
List Price
$619,900
Sold Price
$530,000
Premium/Discount to List
-$89,900
-14.5%
Views
29
Current Estimated Value
$582,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,529
Avg. Annual Appreciation
2.94%
Original Mortgage
$477,000
Outstanding Balance
$463,807
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$106,497

Purchase Details

Closed on
Jul 25, 2019
Sold by
Heryadi Suzan
Bought by
Smith Max Roy and Smith Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2015
Closed on
Sep 19, 2016
Sold by
Jensen Ruth A
Bought by
Heryadi Suzan
Seller's Agent
Tatiana Sheffer
RE/MAX Southern Shores
Buyer's Agent
David Alderman
Realty ONE Group DocksideSouth
List Price
$585,000
Sold Price
$380,000
Premium/Discount to List
-$205,000
-35.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$304,000
Interest Rate
3.43%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $530,000 --
Warranty Deed $345,000 --
Warranty Deed $380,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $477,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $304,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $530,000 -8.5% $194 / Sq Ft
01/09/2023 01/09/23 Price Changed $579,000 -3.5% $212 / Sq Ft
12/06/2022 12/06/22 Price Changed $599,900 -5.5% $220 / Sq Ft
11/15/2022 11/15/22 Price Changed $635,000 +5.9% $233 / Sq Ft
06/16/2022 06/16/22 Price Changed $599,900 -3.2% $220 / Sq Ft
03/21/2022 03/21/22 For Sale $619,900 +63.1% $227 / Sq Ft
09/19/2016 09/19/16 Sold $380,000 -35.0% $143 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
02/09/2015 02/09/15 For Sale $585,000 -- $221 / 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 $2,593 $23,830 $12,650 $11,180
2023 $2,593 $20,700 $11,730 $8,970
2021 $4,492 $13,800 $7,820 $5,980
2020 $5,359 $17,272 $9,820 $7,452
2019 $3,211 $10,296 $7,820 $2,476
2018 $0 $15,059 $9,775 $5,284
2017 $4,834 $15,059 $9,775 $5,284
2016 -- $11,860 $7,820 $4,040
2015 $610 $11,860 $7,820 $4,040
2014 $564 $11,860 $7,820 $4,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2205774

Coastal Carolinas Association of REALTORS®

APN: 44003030022