NOT LISTED FOR SALE

Estimated Value: $762,000 - $1,150,000

-- Bed
4 Baths
3,816 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $655,000 $172 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,882/month

3 Days on Market

Highlights

  • Corner Lot
  • Ocean Drive Elementary School Rated A
  • Community Pool

About This Home

As of July 2021

This income producing Duplex has plenty of charm! Located in the Windy Hill section of North Myrtle Beach and only 1 block from the beach, this 3 Unit rental home is situated in the perfect location for beach vacationers to come enjoy a stay at the coast! With a Cap Rate of over 10% at asking price, this money making vacation rental is ready for a new investor who is looking a rental property at the beach. Two Units total - (1) 4 Bedroom, 3 Bath top floor Unit, (1) 4 Bedroom, 2 Bath ground floor Unit with laundry, with an additional a 1 Bedroom, 1 Bath lockout. There is also a pool onsite. Rentals are currently managed through a local vacation rental agency. Call an Agent today for more information.

Last Agent to Sell the Property

John Dukes

Blue Strand Real Estate Group License #63001 Listed on: 06/05/2021

Co-Listed By

Michael Brisson

Blue Strand Real Estate Group License #89705

Last Buyer's Agent

Joshua Meetre

Century 21 Palms Realty License #100754

Century 21 Palms Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,753

Year Built

  • Built in 1958

Lot Details

  • Corner Lot
  • Rectangular Lot

Home Design

  • 3,816 Sq Ft Home
  • Duplex

Location

  • East of US 17

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 3 Units

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,753

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Lot Description: Rectangular, Corner
  • Four Sided Lot Measurement: 79x123x81x122
  • Amenities Available: Pool
  • Estimated Year Built: 1958
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 06/05/2021
  • Sold Total Heated Sq Ft: 3816
  • Sold Total Sq Ft: 4565
  • Total Heated Sq Ft: 3816
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Total Sq Ft: 4565

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public

Schools

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

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits
  • Zoning: R-4

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 12, 2021
Sold by
Cyn Mar Designs Inc
Bought by
Angyal Carrie
Seller's Agent
John Dukes
Blue Strand Real Estate Group
Buyer's Agent
Joshua Meetre
Century 21 Palms Realty
List Price
$599,900
Sold Price
$655,000
Premium/Discount to List
$55,100
9.18%
Total Days on Market
3
Current Estimated Value
$902,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,995
Avg. Annual Appreciation
8.60%
Original Mortgage
$491,250
Outstanding Balance
$450,536
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$452,459

Purchase Details

Closed on
Apr 29, 2009
Sold by
Marnell John
Bought by
Cyn Mar Designs Inc

Purchase Details

Closed on
Mar 23, 2009
Sold by
Us Bank National Association
Bought by
Marnell John

Purchase Details

Closed on
Jun 26, 2008
Sold by
Master In Equity Horry County
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 27, 2005
Sold by
Barnes Lester
Bought by
Krumwiede Scott
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
Angyal Carrie $655,000 --
Cyn Mar Designs Inc -- --
Marnell John $187,000 --
Us Bank Na -- --
Krumwiede Scott $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angyal Carrie $491,250
Previous Owner Barnes Lester $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $655,000 +9.2% $172 / Sq Ft
06/05/2021 06/05/21 For Sale $599,900 -- $157 / 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 $9,753 $17,594 $8,617 $8,977
2023 $9,753 $17,594 $8,617 $8,977
2021 $8,894 $19,019 $9,875 $9,144
2020 $3,937 $19,019 $9,875 $9,144
2019 $3,798 $19,019 $9,875 $9,144
2018 $3,501 $15,299 $7,415 $7,884
2017 $3,470 $15,299 $7,415 $7,884
2016 -- $15,299 $7,415 $7,884
2015 $3,439 $15,299 $7,415 $7,884
2014 $3,329 $15,299 $7,415 $7,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2112337

Coastal Carolinas Association of REALTORS®

APN: 39104040100