NOT LISTED FOR SALE

Estimated Value: $262,000 - $294,000

2 Beds
2 Baths
950 Sq Ft
$51/mo HOA Fee

Last Sold May 06, 2020

Last sale price $158,000 $166 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,823/month

85 Days on Market

Highlights

  • Soaking Tub in Primary Bathroom
  • Furnished
  • Balcony
  • End Unit
  • Stainless Steel Appliances
  • Breakfast Bar

About This Home

As of May 2020

The IBIS is located on 28th Ave N between Kings Highway (Business 17) and the Cameron Beach Access. This furnished 2 bedroom 2 bath unit is located on the first floor and just a 2 1/2 minute walk to the beach. The unit has been nicely updated with stainless steel appliances, laminate flooring and smartly furnished in a soothing beach motif. The unit sleeps 6 persons comfortably and would make a great Vacation Rental Property . IBIS has one of the lowest HOA payments in the area, and is right in the middle of Myrtle Beach's finest restaurants and shopping as well as just accross the street from the Ocean! This unit will make a nice vacation home or could be used as a rental for additional income. Come and see what this cute unit has to offer.

Last Agent to Sell the Property

Right Find Homes Team

Keller Williams Innovate South Listed on: 01/07/2020

Keller Williams Innovate South

Co-Listed By

Rob Flint

Keller Williams Innovate South License #95916

Last Buyer's Agent

Laurie Gravelle

Realty ONE Group Dockside License #94115

Realty ONE Group Dockside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1994

Lot Details

  • 8,189

HOA Fees

  • $51 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 950 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Single Vanity
  • Soaking Tub in Primary Bathroom

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

  • Association fees include trash pickup
  • Low-Rise Condominium

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,819

Year Built

Built in 1994

Lot Details

0

HOA Fees

$51 per month

Listing Details

  • Unit Location: End Unit
  • Amenities Available: Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1994
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Laminate, Tile, Vinyl
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 51
  • HOA Management Company: Self Governed HOA Frank Cooper 828-334-7197
  • Living Room Type: Ceiling Fan
  • Lvt Date: 01/07/2020
  • Sold Total Heated Sq Ft: 950
  • Sold Total Sq Ft: 1000
  • Total Heated Sq Ft: 950
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Inside City Limits, East Of Bus 17, Second Row Other
  • Exterior Unit Features: Balcony, Outside Storage Attached
  • Project Section Code: Ibis Place
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1994

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Other Rooms: Foyer
  • Primary Bathroom: Tub, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1000

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Trash Pickup

Schools

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

Lot Info

  • Zoning: MF

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

Closed on
Feb 28, 2025
Sold by
Grabovenko Yevgen
Bought by
Grabovenko Investments Llc
Current Estimated Value
$274,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$208,942
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$65,378

Purchase Details

Closed on
Dec 18, 2023
Sold by
Cox Jonathan H
Bought by
Grabovenko Yevgen and Grabovenko Ololade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2020
Closed on
May 6, 2020
Sold by
Merkle Michael John
Bought by
Cox Jonathan H
Seller's Agent
Right Find Homes Team
Keller Williams Innovate South
Buyer's Agent
Laurie Gravelle
Realty ONE Group Dockside
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$118,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2018
Sold by
Suthreera Farrell
Bought by
Merkle Michael John and Merkle Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Wuerstle Peter R and Wuerstle Gregory P
Bought by
Farrell Suthreera and Miyamoto Joseph Douglas

Purchase Details

Closed on
May 8, 1998
Sold by
Puccio Susan
Bought by
Wuerstle Peter R and Wuerstle Gregory P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Grabovenko Investments Llc -- --
Grabovenko Yevgen $290,000 --
Cox Jonathan H $158,000 --
Merkle Michael John $160,500 --
Farrell Suthreera $92,000 --
Wuerstle Peter R $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grabovenko Investments Llc $210,000
Previous Owner Grabovenko Yevgen $203,000
Previous Owner Cox Jonathan H $118,500
Previous Owner Merkle Michael John $120,000
Previous Owner Wuerstle Peter R $81,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2020 05/06/20 Sold $158,000 -3.7% $166 / Sq Ft
03/10/2020 03/10/20 Price Changed $164,000 -0.6% $173 / Sq Ft
02/13/2020 02/13/20 Price Changed $165,000 -2.4% $174 / Sq Ft
02/07/2020 02/07/20 Price Changed $169,000 -0.6% $178 / Sq Ft
02/03/2020 02/03/20 Price Changed $170,000 -2.3% $179 / Sq Ft
01/14/2020 01/14/20 Price Changed $174,000 -0.6% $183 / Sq Ft
01/07/2020 01/07/20 For Sale $175,000 -- $184 / 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 $3,819 $15,000 $0 $15,000
2023 $3,819 $16,275 $0 $16,275
2021 $2,513 $16,275 $0 $16,275
2020 $2,397 $16,275 $0 $16,275
2019 $2,397 $16,275 $0 $16,275
2018 $0 $9,975 $0 $9,975
2017 -- $5,700 $0 $5,700
2016 -- $5,700 $0 $5,700
2015 $1,482 $9,975 $0 $9,975
2014 $1,441 $5,700 $0 $5,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2000411

Coastal Carolinas Association of REALTORS®

APN: 42411020573