NOT LISTED FOR SALE

403 13th Ave S Myrtle Beach, SC 29577

Estimated Value: $688,000 - $782,000

5 Beds
4 Baths
3,250 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $735,000 $226 Per Sq Ft

Current estimated payment $4,713/month

102 Days on Market

About This Home

As of February 2023

Rare Investment Opportunity!! Cash Cow! Short Term Rental, Multi Family Property Within Walking Distance to The Beach! Consisting of a 3 Bedroom 2 Bath Single Family House & a Duplex that has Two 1 Bedroom 1 Bath Apartments. The Main House allows up to 10 guests with the additional Carolina Room. Potential to Occupy as a Primary Residence with Passive Income! Professionally Designed & Fully Furnished!

Last Agent to Sell the Property

Sara Mosseri

Resourceful Realty License #90618 Listed on: 09/27/2022

Last Buyer's Agent

Dan Rahr

Grand Strand Coastal Realty License #112551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,105

Year Built

  • Built in 1970

Lot Details

  • 0.27

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,250 Sq Ft Home
  • Crawl Space

Location

  • East of US 17

Schools

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

Utilities

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

Community Details

Overview

  • 3 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,105

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1970
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 09/28/2022
  • Sold Total Heated Sq Ft: 3250
  • Sold Total Sq Ft: 3250
  • Total Heated Sq Ft: 3250
  • Misc Structural: Indiv. Heat & Air
  • Number1 Br Units: 2
  • Number3 Br Units: 1
  • Utilities Owner Pays: Electric, Water/Sewer, Trash
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Total Sq Ft: 3250

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Slab, Crawl

Garage/Parking

  • Type: Triplex
  • Parking: Carport

Utilities

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

Schools

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

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits, East Of Highway 17 Bypass
  • Zoning: MU-H

Multi Family

  • Number Of Units: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Feb 8, 2023
Sold by
Americana Llc
Bought by
Shahzad Nabeel
Seller's Agent
Sara Mosseri
Resourceful Realty
Buyer's Agent
Dan Rahr
Grand Strand Coastal Realty
List Price
$850,000
Sold Price
$735,000
Premium/Discount to List
-$115,000
-13.53%
Views
67
Current Estimated Value
$732,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,628
Avg. Annual Appreciation
-0.13%
Original Mortgage
$551,250
Outstanding Balance
$533,320
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$199,052

Purchase Details

Closed on
Dec 15, 2020
Sold by
Anitas Pride Llc
Bought by
Americana Llc

Purchase Details

Closed on
Jun 15, 2012
Sold by
Costner D Dale
Bought by
Costner Jeffrey Dennis

Purchase Details

Closed on
Jul 19, 2004
Sold by
Costner D Dale and Costner Anita W
Bought by
Costner Costner Jeffrey Dennis Jeffrey Dennis and Costner Craven Sheila
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 Buyer Sale Price Title Company
Shahzad Nabeel $735,000 --
Americana Llc $400,000 --
Costner Jeffrey Dennis -- --
Costner Costner Jeffrey Dennis Jeffrey Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahzad Nabeel $551,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2023 02/21/23 Sold $735,000 +1.4% $226 / Sq Ft
11/21/2022 11/21/22 Price Changed $725,000 -9.4% $223 / Sq Ft
10/25/2022 10/25/22 Price Changed $799,900 -5.9% $246 / Sq Ft
09/27/2022 09/27/22 For Sale $850,000 -- $262 / 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 $10,105 $39,693 $25,103 $14,590
2023 $10,105 $14,403 $8,607 $5,796
2021 $3,891 $14,403 $8,607 $5,796
2020 $3,649 $14,403 $8,607 $5,796
2019 $3,649 $14,403 $8,607 $5,796
2018 $3,277 $12,321 $8,607 $3,714
2017 $3,240 $12,321 $8,607 $3,714
2016 -- $12,321 $8,607 $3,714
2015 $3,203 $12,321 $8,607 $3,714
2014 $3,115 $12,315 $8,607 $3,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2221792

Coastal Carolinas Association of REALTORS®

APN: 44311040073