NOT LISTED FOR SALE

501 S Oak St Unit 501 and 503 OAK STRE Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $807,000 - $897,000

4 Beds
4 Baths
3,586 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $440,000 $123 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,797/month

66 Days on Market

About This Home

As of April 2021

EXCELLENT OPPORTUNITY TO OWN A PROFITABLE - 8 UNIT MULTI - FAMILY PROPERTY! PROPERTY IS LESS THAN 3 BLOCKS TO THE BEACH! HURRY - DO NOT MISS OUT!

Last Agent to Sell the Property

Keith Baker

Coastal Dunes Realty LLC License #2138 Listed on: 12/16/2020

Last Buyer's Agent

Sara Mosseri

Resourceful Realty License #90618

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,389

Year Built

  • Built in 1965

Lot Details

  • Rectangular Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,586 Sq Ft Home
  • Crawl Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Community Details

  • 8 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,389

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 70 X 204 X 69 X 204
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1965
  • Class: Multi-Family
  • Lvt Date: 12/16/2020
  • Sold Total Heated Sq Ft: 3586
  • Sold Total Sq Ft: 4000
  • Total Heated Sq Ft: 3586
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Total Sq Ft: 4000

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Crawl

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public
  • Heating Cooling: Window/Wall Unit, Electric

Schools

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

Lot Info

  • Zoning: MF

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Apr 9, 2021
Sold by
Uldine Inc
Bought by
Snp Of Mb Llc
Seller's Agent
Keith Baker
Coastal Dunes Realty LLC
Buyer's Agent
Sara Mosseri
Resourceful Realty
List Price
$609,000
Sold Price
$440,000
Premium/Discount to List
-$169,000
-27.75%
Total Days on Market
66
Current Estimated Value
$866,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,953
Avg. Annual Appreciation
17.75%
Source: Public Records

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Range of Values:

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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
Snp Of Mb Llc $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uldine Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $440,000 -16.2% $123 / Sq Ft
02/19/2021 02/19/21 Price Changed $525,000 -13.8% $146 / Sq Ft
12/16/2020 12/16/20 For Sale $609,000 -- $170 / 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 $11,389 $11,013 $2,560 $8,453
2023 $11,389 $11,013 $2,560 $8,453
2021 $12,138 $23,862 $4,479 $19,383
2020 $2,837 $23,862 $4,479 $19,383
2019 $2,837 $23,862 $4,479 $19,383
2018 $2,548 $17,625 $4,479 $13,146
2017 $2,520 $10,072 $2,560 $7,512
2016 -- $10,072 $2,560 $7,512
2015 $2,491 $10,072 $2,560 $7,512
2014 $2,422 $10,072 $2,560 $7,512
Source: Public Records

Agents Affiliated with this Home

  • Keith Baker

    Seller's Agent in 2021

    Keith Baker

    Coastal Dunes Realty LLC

    (843) 450-5515

    11 in this area

    223 Total Sales

    Keith Baker
    Section Image
  • Sara Mosseri

    Buyer's Agent in 2021

    Sara Mosseri

    Resourceful Realty

    (843) 461-5272

    34 in this area

    159 Total Sales

    Sara Mosseri
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2026323

Coastal Carolinas Association of REALTORS®

APN: 44304030034

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

501 S Oak St Unit 501 and 503 OAK STRE, Myrtle Beach, SC

This home is located at 501 S Oak St Unit 501 and 503 OAK STRE, Myrtle Beach, SC 29577 since 16 December 2020 and is currently estimated at $866,953, approximately $241 per square foot. This property was built in 1965. 501 S Oak St Unit 501 and 503 OAK STRE is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

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Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 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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