NOT LISTED FOR SALE

4989 S 1st St Murrells Inlet, SC 29576

Estimated Value: $350,000 - $584,000

5 Beds
4 Baths
1,934 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $310,000 $160 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,686/month

1 Day on Market

Highlights

  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Bathroom on Main Level
  • Waccamaw Elementary School Rated A-
  • Front Porch
  • 3-minute walk to Morse Park Landing

About This Home

As of December 2022

ESTATE SALE !! Check out this UNIQUE property located in the highly-desirable Murrells Inlet area only 1 mile from the famous Marshwalk (you can walk or take your golf cart to all of the fun and excitement in the Marshwalk area). This 0.30 acre lot is NOT located within an HOA. This property consists of 2 structures: The main house is a single-level 3 bedroom / 2 full bathroom home with a living room, formal dining room, kitchen, and front & rear porches. This structure was built in 1936. The brick flooring at the front door entry speaks to the era in which this home was built. There are wood floors in the living room and dining room, and carpeting in the 3 BR's. The primary bedroom has an en-suite bathroom with 12" tile floors, tub/shower combo, and a marble sink top. There are ceiling fans in the BR's, kitchen, and living room. Behind the main home, is a deep 1-car garage with 2 apartments: On the ground floor is an efficiency / 1 BA apartment with a window-wall unit for heat/air. This apartment has laminate flooring, ceiling fan, and an en-suite bathroom with a shower, sink, commode, and a vanity area. The upstairs apartment is a 1 BR / 1 BA apartment with 12" tile floors in the kitchen and living room, carpet in the BR, 6" tile floors in the bathroom, crown molding throughout, and ceiling fans in the living room, dining area, and BR. The kitchen in this upstairs apartment has a stove/oven, microwave, refrigerator, and a spot for a dishwasher. There's also a bar counter with this kitchen. The bedroom in this apartment is large, has access to the HUGE rear porch, and also has an en-suite bathroom with 2 sinks, a shower, and a linen closet. The hot water heater in the main house is only 2 years old (WOW moment: The hot water heater that stopped working in 2020 was installed in 1949 - it lasted 71 years !!). The HVAC system in the main house is 3 years old. The HVAC system in the garage apartment upstairs is old and the age is unknown. There is 1 water meter for both structures, but there are 2 separate electric meters and 2 separate cable outlets - one each for the main house and the upstairs apartment above the garage. The garage and 2 apartments were built in approximately 1992 according to the seller. They are in good condition. The main house is functional but could use some updating so it's a "fixer-upper". The seller is not aware of any major issues with the property, but since it's an estate sale, it is being sold "AS IS" and is reflected in the low asking price. This is a great property that can become your coastal South Carolina sanctuary in an established area away from the hustle-and-bustle of the crowds. Whether you have live-in children or parents or just like some room to spread out, there's plenty of room for everyone here. Or if you want some additional rental income while living in one part of the property, you can do that as well. Versatility, price, and a fantastic location make this one a no-brainer.

Last Agent to Sell the Property

Mark Loomis

INNOVATE Real Estate License #17941 Listed on: 11/16/2022

INNOVATE Real Estate

Last Buyer's Agent

Mark Loomis

INNOVATE Real Estate License #17941 Listed on: 11/16/2022

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 0.3 Acre Lot
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,934 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Front Porch

Location

  • East of US 17
  • Outside City Limits

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

10

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 85x157x85x155
  • Amenities Available: Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1936
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Vinyl, Wood, Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Window/Wall Unit, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 11/16/2022
  • Type Of Parking: Driveway
  • Total Heated Sq Ft: 1934
  • Geo Subdivision: SC
  • Section Subdivision: Eason Acres
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Interior Amenities: Wshr/Dryer Connection, Split Bedroom Plan
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Range, Refrigerator, Microwave, Pantry
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level
  • Bedrooms: 5
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Levels: Single Level
  • Total Sq Ft: 2532

Exterior Features

  • Exterior Features: Front Porch, Rear Porch
  • Exterior Finish: Wood Frame
  • Foundation: Crawl
  • Number Of Acres: 0.3

Garage/Parking

  • Type: Detached

Utilities

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

Lot Info

  • Lot Location: Outside City Limits, East Of Highway 17 Bypass
  • Zoning: RES

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Dec 12, 2022
Sold by
Sauls Wade R
Bought by
Beulah Llc
Seller's Agent
Mark Loomis
INNOVATE Real Estate
Buyer's Agent
Mark Loomis
INNOVATE Real Estate
List Price
$275,975
Sold Price
$310,000
Premium/Discount to List
$34,025
12.33%
Views
29
Current Estimated Value
$430,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,695
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Feb 7, 2019
Sold by
Sauls Wade R D
Bought by
Sauls Wade R D and Sauls Norene S

Purchase Details

Closed on
Jan 30, 2017
Sold by
Sauls Norene S and Sauls Wade R D
Bought by
Sauls Wade R D

Purchase Details

Closed on
Nov 18, 2013
Sold by
Irvin Christopher
Bought by
Sauls Wade R D and Sauls Norene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 19, 2009
Sold by
Sauls Norene S
Bought by
Sauls Wade R D
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
Beulah Llc $310,000 --
Sauls Wade R D -- None Available
Sauls Wade R D -- --
Sauls Wade R D -- --
Sauls Wade R D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sauls Wade R D $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold $310,000 +12.3% $160 / Sq Ft
11/16/2022 11/16/22 For Sale $275,975 -- $143 / 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 $5,067 $17,380 $6,000 $11,380
2023 $4,703 $17,380 $6,000 $11,380
2022 $1,983 $8,080 $3,600 $4,480
2021 $1,924 $0 $0 $0
2020 $1,922 $0 $0 $0
2019 $2,322 $0 $0 $0
2018 $2,340 $0 $0 $0
2017 $585 $6,584 $0 $0
2016 $579 $6,584 $0 $0
2015 $611 $0 $0 $0
2014 $611 $160,600 $48,600 $112,000
2012 -- $160,600 $48,600 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2225061

Coastal Carolinas Association of REALTORS®

APN: 41-0124-093-00-00