NOT LISTED FOR SALE

401 37th Ave S North Myrtle Beach, SC 29582

Windy Hill Neighborhood
-- Bed
1 Bath
6,562 Sq Ft
4,356 Sq Ft Lot

Last Sold June 12, 2023

Last sale price $2,300,000 $351 Per Sq Ft

About This Home

As of June 2023

This is a spectacular opportunity – 18 units, only block from the ocean, 2 buildings, long term/short term allowed

Last Agent to Sell the Property

Ester Esti Simantov

Own Myrtle Real Estate License #91220 Listed on: 06/12/2023

Last Buyer's Agent

Moshe Ben-ezra

Dargan Real Estate License #100596

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1960

Lot Details

  • 4,356

Home Design

  • 6,562 Sq Ft Home

Schools

  • Loris Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Community Details

  • 18 Units
  • Ocean View Villas Condos

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,354

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Estimated Year Built: 1960
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 06/12/2023
  • Sold Total Heated Sq Ft: 6562
  • Sold Total Sq Ft: 9318
  • Total Heated Sq Ft: 6562
  • One Bedroom Rent Range: 850-1075
  • Two Bedroom Rent Range: 1100-1350
  • Complex Name: Ocean View Villas
  • Number1 Br Units: 9
  • Number2 Br Units: 5
  • Numberefficiency: 4
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Total Sq Ft: 9318

Garage/Parking

  • Type: Apartments

Schools

  • Elementary School: Loris Elementary School
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Zoning: Hotel/Mot

Multi Family

  • Number Of Units: 18
  • Efficiency Rent Range: 675-925

MLS Schools

  • Elementary School: Loris Elementary School
  • 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
Jun 12, 2023
Closed on
Jun 8, 2023
Sold by
Beach One Holding Llc
Bought by
Num 401 403 37Th Ave S Llc
Seller's Agent
Ester Esti Simantov
Own Myrtle Real Estate
Buyer's Agent
Moshe Ben-ezra
Dargan Real Estate
List Price
$2,300,000
Sold Price
$2,300,000

Purchase Details

Closed on
Aug 11, 2016
Sold by
Velocity Coml Cap Loan T
Bought by
Beach One Holding Llc

Purchase Details

Closed on
Mar 16, 2016
Sold by
Master In Equity /Horry County
Bought by
Velocity Commercial Capital Lo Trust

Purchase Details

Closed on
Feb 27, 2008
Sold by
Estes H Eric and Estes Alice M
Bought by
Wright Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
5.63%
Mortgage Type
Commercial
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
Num 401 403 37Th Ave S Llc $2,300,000 --
Beach One Holding Llc $260,000 --
Velocity Commercial Capital Lo Trust $576,454 --
Wright Kevin $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Kevin $409,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $2,300,000 0.0% $351 / Sq Ft
06/12/2023 06/12/23 For Sale $2,300,000 +340640.7% $351 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/01/2019 03/01/19 Rented $675 0.0% --
10/10/2018 10/10/18 For Rent $675 -- --
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 $2,354 $9,874 $7,047 $2,827
2023 $2,354 $9,874 $7,047 $2,827
2021 $2,234 $10,893 $7,047 $3,846
2020 $2,209 $10,893 $7,047 $3,846
2019 $2,131 $10,893 $7,047 $3,846
2018 $0 $8,586 $6,264 $2,322
2017 $1,948 $8,586 $6,264 $2,322
2016 -- $8,586 $6,264 $2,322
2015 $1,931 $8,586 $6,264 $2,322
2014 $1,869 $8,586 $6,264 $2,322
Source: Public Records

Agents Affiliated with this Home

  • Ester Esti Simantov

    Seller's Agent in 2023

    Ester Esti Simantov

    Own Myrtle Real Estate

    (843) 457-9780

    1 in this area

    95 Total Sales

    Section Image
  • Moshe Ben-ezra

    Buyer's Agent in 2023

    Moshe Ben-ezra

    Dargan Real Estate

    (843) 922-1818

    1 in this area

    80 Total Sales

    Section Image
  • Michael Rudden

    Seller's Agent in 2019

    Michael Rudden

    Beach One Realty LLC

    (843) 655-2850

    52 Total Sales

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2311581

Coastal Carolinas Association of REALTORS®

APN: 39104040170

South Carolina Horry County North Myrtle Beach 29582 Windy Hill

401 37th Ave S, North Myrtle Beach, SC

This home is located at 401 37th Ave S, North Myrtle Beach, SC 29582 since 12 June 2023. This property was built in 1960. 401 37th Ave S is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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