NOT LISTED FOR SALE

401 Alder St Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $363,000 - $677,000

Studio
2 Baths
3,000 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2019

Last sale price $410,000 $137 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,928 / mo

115 Days on Market

About This Home

As of October 2019

7 Units. Great investment opportunity. Close to the beach and downtown. Just renovated. No rental history.

Last Agent to Sell the Property

Marzena Grabara

East Coast Investments License #78918 Listed on: 04/16/2019

Last Buyer's Agent

Ester Esti Simantov

Own Myrtle Real Estate License #91220

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1975

Lot Details

  • 0.33

Home Design

  • 3,000 Sq Ft Home

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Additional Features

  • Rectangular Lot
  • Cable TV Available

Community Details

  • 7 Units

Property Details

Home Type

Apartment

Year Built

Built in 1975

Lot Details

0.33 Acres

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 102X152X81X150
  • Estimated Year Built: 1975
  • Class: Multi-Family
  • Lvt Date: 04/16/2019
  • Total Heated Sq Ft: 3000
  • Number1 Br Units: 2
  • Numberefficiency: 5
  • Utilities Owner Pays: Electric, Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Total Sq Ft: 3000

Garage/Parking

  • Type: Apartments

Utilities

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

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: MF

Multi Family

  • Number Of Units: 7

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Sep 26, 2019
Sold by
Portofino Villas Grand Dunes
Bought by
Seller's Agent
Marzena Grabara
East Coast Investments
Buyer's Agent
Ester Esti Simantov
Own Myrtle Real Estate
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%
Current Estimated Value
$449,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,355
Avg. Annual Appreciation
1.33%

Purchase Details

Closed on
Sep 7, 2018
Sold by
Cumbie Joseph P
Bought by
Portofino Villas Grand Dunes

Purchase Details

Closed on
Jan 22, 2010
Sold by
Cumbie Lucretia Sarvis
Bought by
Cumbie Joseph P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Myrtle Beach, SC

  • Linda Phillips Real Estate Agent - Phillips Realty

    Linda Phillips

    Phillips Realty

    (843) 582-0132

    62 Total Sales

    3 in Downtown Myrtle Beach

    $125K - $140K Price Range

    Linda Phillips
     Section Image
  • Minna French Real Estate Agent - Carolina Pines Realty

    Minna French

    Carolina Pines Realty

    (843) 868-5312

    38 Total Sales

    8 in Downtown Myrtle Beach

    $60K - $282K Price Range

    Minna French
     Section Image
  • Greenway Maney Team Real Estate Agent - Beach & Forest Realty

    Greenway Maney Team

    Beach & Forest Realty

    (843) 829-5078

    11 Total Sales

    1 in Downtown Myrtle Beach

    $492,500 Price

    Greenway Maney Team
     Section Image
  • Rick Knight Real Estate Agent - HIGHGARDEN REAL ESTATE

    Rick Knight

    HIGHGARDEN REAL ESTATE

    (854) 600-4824

    122 Total Sales

    6 in Downtown Myrtle Beach

    $140K - $240K Price Range

    Rick Knight
     Section Image
  • Theresa Ruscigno-Fleischner Real Estate Agent - Realty ONE Group DocksideNorth

    Theresa Ruscigno-Fleischner

    Realty ONE Group DocksideNorth

    (631) 791-6195

    92 Total Sales

    1 in Downtown Myrtle Beach

    $204,000 Price

    Theresa Ruscigno-Fleischner
     Section Image
  • Tina Schildt Real Estate Agent - TMS Property Management & Real

    Tina Schildt

    TMS Property Management & Real

    (843) 429-8956

    120 Total Sales

    3 in Downtown Myrtle Beach

    $115K - $188K Price Range

    Tina Schildt
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 --
Portofino Villas Grand Dunes $130,000 --
Cumbie Joseph P -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $173,600
Previous Owner Cumbie Lucretia Sarvis $117,000
Previous Owner Cumbie Lucretia Sarvis $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $410,000 -8.7% $137 / Sq Ft
04/16/2019 04/16/19 For Sale $449,000 -- $150 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $0 $0 $0
2024 -- $25,436 $4,707 $20,729
2023 $6,477 $22,693 $3,973 $18,720
2021 $6,131 $22,693 $3,973 $18,720
2020 $5,847 $22,693 $3,973 $18,720
2019 $2,760 $10,711 $3,973 $6,738
2018 $0 $9,769 $3,937 $5,832
2017 $2,570 $9,769 $3,937 $5,832
2016 -- $9,769 $3,937 $5,832
2015 $2,540 $9,769 $3,937 $5,832
2014 $2,470 $9,769 $3,937 $5,832
Source: Public Records

Agents Affiliated with this Home

  • MG

    Seller's Agent in 2019

    Marzena Grabara

    East Coast Investments

    (843) 455-8567

    3 in this area

    36 Total Sales

    Marzena Grabara
    Section Image
  • Ester Esti Simantov Real Estate Agent - Own Myrtle Real Estate

    Buyer's Agent in 2019

    Ester Esti Simantov

    Own Myrtle Real Estate

    (843) 457-9780

    40 in this area

    105 Total Sales

    Ester Esti Simantov
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1908652

Coastal Carolinas Association of REALTORS®

APN: 44304040013

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

401 Alder St, Myrtle Beach, SC

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Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2026 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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