NOT LISTED FOR SALE

428 Pine Ave Murrells Inlet, SC 29576

Estimated Value: $539,286 - $664,000

4 Beds
3 Baths
2,112 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $400,000 $189 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,690/month

6 Days on Market

Highlights

  • Central Heating and Cooling System
  • Seaside Elementary Rated A-
  • Rectangular Lot

About This Home

As of May 2023

Location, Location, Location!!! This income producing Duplex is located on a large lot (75 x 138) and has two Bedrooms and 1.5 Bathrooms on each side. It is so close to the beach, you can smell the sea! Great investment opportunity for rental income. Or... live on one side and rent the other! Or... turn this duplex into a house! Unit 1 on the left has a large garage type shed, an extended deck, a fire pit and a privacy fence with a gate and a renter in place on a month to month lease. The renter has been in place for over 6 years and would like to stay. The kitchen in Unit 2 has new cabinets and granite countertops. Unit 2 is vacant and available for showing and is move-in ready. There are no HOA fees of any kind and it is not in a flood zone. Possibilities are endless. Please note, this property is being sold "AS IS".

Last Agent to Sell the Property

Danielle Eiler

Exit Coastal Real Estate Pros License #42505 Listed on: 02/28/2023

Exit Coastal Real Estate Pros

Last Buyer's Agent

Susan Labrocco

Century 21 The Harrelson Group License #105336

Century 21 The Harrelson Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • Rectangular Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Crawl Space

Location

  • East of US 17
  • Outside City Limits

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 2 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 75 x 138 x 75 x 138
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1982
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/28/2023
  • Total Heated Sq Ft: 2112
  • Two Bedroom Rent Range: $1000 +
  • Number2 Br Units: 2
  • Safety Features: Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1982

Interior Features

  • Total Sq Ft: 2200

Exterior Features

  • Exterior Finish: Wood Frame, Vinyl Siding
  • Foundation: Crawl

Garage/Parking

  • Type: Duplex
  • Parking: 2 Car Unit

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Heat, Central Air, Electric

Lot Info

  • Lot Location: East Of Bus. 17, Outside City Limits, East Of Highway 17 Bypass
  • Zoning: MF

Multi Family

  • Number Of Units: 2

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Murphy Michael
Bought by
Brorealty Llc
Current Estimated Value
$593,822

Purchase Details

Listed on
Feb 28, 2023
Closed on
Apr 12, 2023
Sold by
David And Karen Williams Llc
Bought by
Murphy Michael
Seller's Agent
Danielle Eiler
Exit Coastal Real Estate Pros
Buyer's Agent
Susan Labrocco
Century 21 The Harrelson Group
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$300,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2006
Sold by
Taylor Bobby C and Odell Harry R
Bought by
David & Karen Williams Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brorealty Llc -- --
Murphy Michael $400,000 --
David & Karen Williams Llc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Michael $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $400,000 +2.6% $189 / Sq Ft
02/28/2023 02/28/23 For Sale $389,900 -- $185 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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
2025 $7,196 $0 $0 $0
2024 $7,196 $34,282 $23,031 $11,251
2023 $0 $10,276 $4,087 $6,189
2021 $2,187 $14,632 $6,166 $8,466
2020 $2,085 $14,632 $6,166 $8,466
2019 $2,085 $14,632 $6,166 $8,466
2018 $0 $9,412 $3,922 $5,490
2017 $1,867 $9,412 $3,922 $5,490
2016 -- $9,412 $3,922 $5,490
2015 $1,867 $9,413 $3,923 $5,490
2014 $1,765 $9,413 $3,923 $5,490
Source: Public Records

Agents Affiliated with this Home

  • Danielle Eiler

    Seller's Agent in 2023

    Danielle Eiler

    Exit Coastal Real Estate Pros

    (843) 450-7194

    1 in this area

    10 Total Sales

    Danielle Eiler
    Section Image
  • Susan Labrocco

    Buyer's Agent in 2023

    Susan Labrocco

    Century 21 The Harrelson Group

    (631) 335-2262

    2 in this area

    33 Total Sales

    Susan Labrocco
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2303819

Coastal Carolinas Association of REALTORS®

APN: 47002020049

South Carolina Horry County Murrells Inlet 29576

428 Pine Ave, Murrells Inlet, SC

Not Listed for Sale

MultiFamily

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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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