NOT LISTED FOR SALE

4607 Tarpon Bay Rd Unit s A and B Myrtle Beach, SC 29579

Estimated Value: $226,000 - $292,000

4 Beds
3 Baths
1,792 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $174,000 $97 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,614/month

19 Days on Market

Highlights

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

About This Home

As of August 2020

Great Opportunity to own an income producing duplex in Myrtle Beach. This property offers Two 2BR/1.5B units totaling over 800 sq. ft each. Unit B already has a tenant in place and has detached storage shed and back deck. Unit A offers laminate flooring, large bedrooms and attached storage outside. This duplex is off of Highway 501 in the popular Forestbrook area near award winning schools, all major road systems, Tanger Outlet and just a short drive to the beach. Make an Appointment today!

Last Listed By

Chance Leith

Beach & Forest Realty License #82745 Listed on: 06/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1982

Lot Details

  • 10,454

Home Design

  • 1,792 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Vinyl Siding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available

Additional Features

  • Rectangular Lot
  • Outside City Limits

Community Details

Overview

  • 2 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,632

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1982
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 06/12/2020
  • Sold Total Heated Sq Ft: 1792
  • Sold Total Sq Ft: 1862
  • Total Heated Sq Ft: 1792
  • Two Bedroom Rent Range: $800-$825 each
  • Estimated Gross Scheduled Rent: $16,800-$19,200
  • Estimated Operating Expense: $3,541
  • Misc Structural: Indiv. Heat & Air, Sep. Electric Meter, Sep. Water Meter
  • Number2 Br Units: 2
  • Safety Features: Smoke/Heat Detector
  • Utilities Owner Pays: Electric, Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1982

Interior Features

  • Total Sq Ft: 1862

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Electricity, Sewer, Telephone, Water Public
  • 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: SF 10

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
Jun 12, 2020
Closed on
Aug 4, 2020
Sold by
Belyski Richard P
Bought by
Banaduc Roxana Karina
Seller's Agent
Chance Leith
Beach & Forest Realty
Buyer's Agent
Alivia Scarborough
Sands Realty Group Inc.
List Price
$178,000
Sold Price
$174,000
Premium/Discount to List
-$4,000
-2.25%
Total Days on Market
19
Current Estimated Value
$265,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,283
Avg. Annual Appreciation
9.22%
Original Mortgage
$165,100
Outstanding Balance
$148,093
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$117,190

Purchase Details

Closed on
Aug 18, 2003
Sold by
Griffith Jill F and Riegle Dan E
Bought by
Belyski Richard P and Hoethke Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

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
Banaduc Roxana Karina $174,000 --
Belyski Richard P $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banaduc Roxana Karina $165,100
Previous Owner Belyski Richard P $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $174,000 -2.2% $97 / Sq Ft
06/12/2020 06/12/20 For Sale $178,000 -- $99 / 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 $1,632 $8,521 $1,326 $7,195
2023 $1,632 $8,521 $1,326 $7,195
2021 $1,499 $6,817 $1,061 $5,756
2020 $1,392 $5,777 $1,061 $4,716
2019 $1,392 $8,665 $1,591 $7,074
2018 $0 $5,715 $1,797 $3,918
2017 $0 $5,715 $1,797 $3,918
2016 $0 $5,715 $1,797 $3,918
2015 -- $5,715 $1,797 $3,918
2014 $1,205 $5,715 $1,797 $3,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2011874

Coastal Carolinas Association of REALTORS®

APN: 41713040051