NOT LISTED FOR SALE

Estimated Value: $599,143 - $952,000

5 Beds
2.5 Baths
2,518 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $562,500 $223 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,838/month

106 Days on Market

Highlights

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Rectangular Lot
  • Front Porch
  • Central Heating and Cooling System

About This Home

As of February 2023

Rare Investment Opportunity in downtown Myrtle Beach. The property is zoned MU-H (Mixed Use-High Density) in a,multi-family neighborhood, located 1 block to the beach, East of Business 17. Home is currently designated as a single family residential that can be rented out on a short-term basis. The original home was built as a 2-story Duplex (original hardwood floors, trim & doors still in place), with owner-occupying the 2nd level while tenants on the 1st. Currently the home is being used as a single family 4 bedroom/2 bath with formal dining room (2050 Sqft). In addition to the main home there is an income producing 1 bedroom cottage (468 sq ft).and a large storage shed (30' x 10'.6"). The main home and cottage have been part of this family for the past 67 years. Conveniently located in downtown Myrtle Beach, just 1 block to the beach, and central to all the amenities of the Grand Strand. We are not only known for our Great Beaches, but our Championship Golf Courses, Restaurants, Theatres and plenty of shopping. Life is good at the Beach! Property being Sold AS-IS.

Last Agent to Sell the Property

Sue Trew

RE/MAX Southern Shores License #29227 Listed on: 09/29/2022

Last Buyer's Agent

Jimmy 'Guy' Austin Jr

Realty ONE Group Dockside License #1932

Realty ONE Group Dockside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,185

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned MU-H

Parking

  • Driveway

Home Design

  • Bi-Level Home
  • Vinyl Siding
  • Tile
  • Lead Paint Disclosure

Interior Spaces

  • 2,518 Sq Ft Home
  • Crawl Space

Kitchen

  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Front Porch
  • East of US 17

Community Details

  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,185

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 60x149x60x149
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1950
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric, Gas
  • Lvt Date: 01/09/2023
  • Sold Total Heated Sq Ft: 2518
  • Sold Total Sq Ft: 2518
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 3
  • Total Heated Sq Ft: 2518
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Amenities: Lead Based Paint Disclose
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths
  • Kitchen Type: Range, Refrigerator, Microwave, Range Hood
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 2518

Exterior Features

  • Exterior Features: Front Porch, Lawn Sprinkler
  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl
  • Number Of Acres: 0.19

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Well Private, Sewer, Cable Tv, Telephone

Schools

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

Lot Info

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

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 29, 2022
Closed on
Feb 9, 2023
Sold by
Jelen Cynthia Oehler
Bought by
Woodlock Colin and Alger Stephanie
Seller's Agent
Sue Trew
RE/MAX Southern Shores
Buyer's Agent
Jimmy 'Guy' Austin Jr
Realty ONE Group Dockside
List Price
$599,000
Sold Price
$562,500
Premium/Discount to List
-$36,500
-6.09%
Views
120
Current Estimated Value
$784,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,536
Avg. Annual Appreciation
13.35%

Purchase Details

Closed on
Mar 15, 2013
Sold by
Oehler H Fred
Bought by
Oehler Tempe Hughes

Purchase Details

Closed on
Dec 31, 2012
Sold by
Oehler H Fred
Bought by
Oehler Tempe Hughes
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
Woodlock Colin $562,500 --
Oehler Tempe Hughes -- --
Oehler Tempe Hughes -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $562,500 -6.1% $223 / Sq Ft
09/29/2022 09/29/22 For Sale $599,000 -- $238 / 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 $8,185 $32,145 $18,900 $13,245
2023 $8,185 $8,640 $5,400 $3,240
2021 $1,381 $11,880 $4,320 $7,560
2020 $1,298 $11,880 $4,320 $7,560
2019 $1,291 $13,161 $4,320 $8,841
2018 $1,193 $9,948 $4,320 $5,628
2017 $0 $9,948 $4,320 $5,628
2016 $0 $9,948 $4,320 $5,628
2015 -- $6,464 $4,320 $5,628
2014 $1,122 $6,464 $4,320 $5,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2300482

Coastal Carolinas Association of REALTORS®

APN: 42411020511