NOT LISTED FOR SALE

4572 Tarpon Bay Rd Unit s A & B Myrtle Beach, SC 29579

Estimated Value: $198,000 - $246,493

3 Beds
2 Baths
1,551 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $160,000 $103 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,459/month

7 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Rectangular Lot
  • Forestbrook Elementary School Rated A

About This Home

As of September 2020

Duplex located in the Forestbrook area-100% occupied. Tile and laminate wood floors in both units. Kitchen appliances include: range, range hood, dishwasher and refrigerator. In good shape- HVAC's in both replaced in 2019, new roof 2016. Both units have laundry rooms. Large lot measuring 80 x 140. Convenient to area schools, shopping, beaches,......Square footage is approximate and not guaranteed. Buyers responsible for verification.

Last Listed By

Christopher Hanna

CB Sea Coast Advantage CF License #12631 Listed on: 08/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 1982

Lot Details

  • 0.28

Home Design

  • 1,551 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Forestbrook Elementary School
  • Forestbrook Middle School
  • Socastee High School

Additional Features

  • Laundry Room
  • Rectangular Lot
  • Outside City Limits
  • Central Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,308

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 80x140x84x170
  • Amenities Available: Laundry Room, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 1982
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 08/12/2020
  • Sold Total Heated Sq Ft: 1551
  • Sold Total Sq Ft: 1600
  • Total Heated Sq Ft: 1551
  • One Bedroom Rent Range: 650/month
  • Two Bedroom Rent Range: 850/month
  • Estimated Gross Scheduled Rent: 18000
  • Estimated Operating Expense: 3200
  • Misc Structural: Indiv. Heat & Air, Individual Water Heater, Sep. Electric Meter, Sep. Water Meter
  • Number1 Br Units: 1
  • Number2 Br Units: 1
  • Utilities Owner Pays: Trash
  • Geo Subdivision: SC
  • Section Subdivision: Tarpon Bay
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1982

Interior Features

  • Total Sq Ft: 1600

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Heating Cooling: Central Air, Central Heat, Electric

Schools

  • Elementary School: Forestbrook Elementary School
  • Middle School: Forestbrook Middle School
  • High School: Socastee High School

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: SF10

Multi Family

  • Number Of Units: 2

MLS Schools

  • Elementary School: Forestbrook Elementary School
  • HighSchool: Socastee High School
  • Middle School: Forestbrook Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 30, 2020
Sold by
Arango Dennis W
Bought by
Arango Real Estate Holdings Llc
Seller's Agent
Christopher Hanna
CB Sea Coast Advantage CF
Buyer's Agent
Bob Schreiber
The Hoffman Group
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Total Days on Market
7
Current Estimated Value
$227,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,373
Avg. Annual Appreciation
7.90%
Original Mortgage
$112,000
Outstanding Balance
$81,265
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$146,108

Purchase Details

Closed on
Jun 29, 2005
Sold by
Coast Properties Llc
Bought by
Walker Ian T and Walker Leslie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 10, 2003
Sold by
Morse Rita
Bought by
Coast Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2000
Sold by
Cann Jane I
Bought by
Morse Rita

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
Arango Real Estate Holdings Llc -- --
Arango Dennis W $160,000 --
Walker Ian T $123,000 --
Coast Properties Llc $85,500 --
Morse Rita $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arango Dennis W $112,000
Previous Owner Walker Ian T $110,700
Previous Owner Coast Properties Llc $80,750
Previous Owner Turbeville Brothers Partners $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $160,000 -5.3% $103 / Sq Ft
08/12/2020 08/12/20 For Sale $169,000 -- $109 / 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 $2,308 $9,599 $1,619 $7,980
2023 $2,308 $9,599 $1,619 $7,980
2021 $2,131 $9,599 $1,619 $7,980
2020 $1,318 $8,723 $1,619 $7,104
2019 $1,318 $8,723 $1,619 $7,104
2018 $0 $5,398 $1,828 $3,570
2017 $1,178 $5,398 $1,828 $3,570
2016 -- $5,398 $1,828 $3,570
2015 $1,178 $5,399 $1,829 $3,570
2014 $1,139 $5,399 $1,829 $3,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2016772

Coastal Carolinas Association of REALTORS®

APN: 41713040058