NOT LISTED FOR SALE

Estimated Value: $333,000 - $447,000

2 Beds
2 Baths
1,188 Sq Ft
$325/Sq Ft Est. Value

Last Sold October 08, 2018

Last sale price $224,000 $189 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,157/month

52 Days on Market

Highlights

  • Laundry Room
  • Ocean Drive Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of October 2018

Incredible investment opportunity! Zoned Neighborhood Commercial. Affordable duplex in great shape and just 2 blocks from the sandy shores of the Atlantic Ocean. This well-maintained Windy Hill gem was renovated in 2003 and is located east of Hwy 17 in Windy Hill. Two bedroom apartments with almost 600 heated sqft each. Upstairs you will find an open, well-lit apartment with real ¾” tongue-in-groove oak hardwoods in the living area and bedroom. The kitchen and bath have beautiful tile floors. Kitchen appliances include refrigerator, stove, dishwasher and microwave. Bathroom has an updated vanity and a walk-in shower. Ceiling fans in the living room and bedroom. This apartment is mostly furnished. Ask agent for a list of what conveys. Duplex has central heat and air. Upstairs apartment has a window unit to provide additional air if needed in the hot summer. Upstairs has a front porch. Downstairs is all tiled on the diagonal. Kitchen includes updated cabinets, refrigerator, stove, dishwasher and garbage disposal. Bath has tiled walls, updated vanity and walk-in shower. Apartment has a large walk-in closet for clothes and extra storage. You can see the thick wall construction in the living room’s wide window sills. Duplex has an exterior laundry room for apartments to share. Side-by-side washer and dryer convey with the property. Plenty of room for parking. Come see this great duplex today.

Last Agent to Sell the Property

Kirk Nobles

RE/MAX Southern Shores NMB License #52854 Listed on: 07/10/2018

RE/MAX Southern Shores NMB

Last Buyer's Agent

George Snead

Snead Realty Group License #27187

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,227

Home Design

  • 1,188 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Wood Frame Construction

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Laundry Room
  • Irregular Lot

Community Details

Overview

  • 2 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Lot Description: Designated Flood Zone, Irregular
  • Four Sided Lot Measurement: 78' x 53' x 77' x 70'
  • Amenities Available: Laundry Room, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Pet, Short Term Rental Allowed, Tenant Allowed Motorcycle
  • Estimated Year Built: 1956
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 07/10/2018
  • Sold Total Heated Sq Ft: 1188
  • Sold Total Sq Ft: 1188
  • Total Heated Sq Ft: 1188
  • One Bedroom Rent Range: $750/ea
  • Estimated Gross Scheduled Rent: $18,000
  • Estimated Operating Expense: $6,479
  • Misc Structural: Cntrl Water Heater, Multi-Unit Heat & Air
  • Number1 Br Units: 2
  • Safety Features: Smoke/Heat Detector
  • Utilities Owner Pays: Electric, Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Windy Hill Beach
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Total Sq Ft: 1188

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Underground Utilities, Water Public
  • Heating Cooling: Central Air, Central Heat, Electric, Window/Wall Unit

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: NC

Multi Family

  • Number Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Oct 8, 2018
Sold by
Bsi Limited Llc
Bought by
Brown Grant E
Seller's Agent
Kirk Nobles
RE/MAX Southern Shores NMB
Buyer's Agent
George Snead
Snead Realty Group
List Price
$249,900
Sold Price
$224,000
Premium/Discount to List
-$25,900
-10.36%
Total Days on Market
52
Current Estimated Value
$386,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,059
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Jun 3, 2003
Sold by
Purcell Herman O
Bought by
Ivester Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Buyer Sale Price Title Company
Brown Grant E $224,000 --
Ivester Brenda S $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ivester Brenda S $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2018 10/08/18 Sold $224,000 -10.4% $189 / Sq Ft
07/10/2018 07/10/18 For Sale $249,900 -- $210 / 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 -- $13,152 $8,142 $5,010
2023 $0 $13,152 $8,142 $5,010
2021 $2,976 $13,152 $8,142 $5,010
2020 $2,943 $13,152 $8,142 $5,010
2019 $2,839 $13,152 $8,142 $5,010
2018 $0 $11,641 $7,237 $4,404
2017 $1,488 $11,641 $7,237 $4,404
2016 $0 $11,641 $7,237 $4,404
2015 -- $11,642 $7,238 $4,404
2014 $1,427 $11,642 $7,238 $4,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1814469

Coastal Carolinas Association of REALTORS®

APN: 39104040130