NOT LISTED FOR SALE

502 N Waccamaw Dr Unit 303 Murrells Inlet, SC 29576

Estimated Value: $233,000 - $246,000

1 Bed
1 Bath
650 Sq Ft
$384/mo HOA Fee

Last Sold November 01, 2012

Last sale price $102,000 $157 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,796/month

117 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Balcony
  • Seaside Elementary Rated A-
  • Elevator
  • Secured Garage or Parking

About This Home

As of November 2012

Come and enjoy this quaint 1 bedroom ocean front condo in the heart of Garden City, SC. Warm ocean breezes await your arrival. Fall asleep to the sounds of the ocean. Fully furnished Great source of rental income.

Last Agent to Sell the Property

Vicki Harvey

Realty ONE Group Dockside License #81049 Listed on: 04/06/2012

Realty ONE Group Dockside

Last Buyer's Agent

Cathy Spires

Spires & Co. Realty License #27385

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 6,534

HOA Fees

  • $384 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Tile

Interior Spaces

  • 650 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Carpet
  • Washer and Dryer

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Schools

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

Additional Features

  • Handicap Accessible
  • Balcony
  • Ocean Front

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, insurance, master antenna/cable TV, common maint/repair, internet access
  • Low-Rise Condominium

Amenities

  • Elevator

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$384 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1981
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 384
  • HOA Management Company: Surfside Realty 843-238-3435
  • Total Heated Sq Ft: 650
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Elevator-Exterior
  • HOA Fees include insurance: Yes
  • Project Section Code: Sea Banks
  • Rental Mgmt Contract: Yes
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Furnished: Yes
  • Interior Amenities: Handicap Access, Washer/Dryer, Furnished
  • Kitchen Type: Ceiling Fan, Dishwasher, Microwave, Oven, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 700

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

  • Utilities Available: Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Insurance, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

Lot Info

  • Zoning: RR

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

Listed on
Apr 6, 2012
Closed on
Nov 1, 2012
Sold by
Ervin Mark D
Bought by
Watson Sharon K
Seller's Agent
Vicki Harvey
Realty ONE Group Dockside
Buyer's Agent
Cathy Spires
Spires & Co. Realty
List Price
$119,000
Sold Price
$102,000
Premium/Discount to List
-$17,000
-14.29%
Current Estimated Value
$239,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,245
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Apr 5, 2011
Sold by
Ervin Mark D
Bought by
Ervin Mark D

Purchase Details

Closed on
Dec 20, 2007
Sold by
Momat Nicole
Bought by
Ervin Mark D

Purchase Details

Closed on
Oct 3, 2005
Sold by
Soles Edna S
Bought by
Momat Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Watson Sharon K $102,000 --
Ervin Mark D -- --
Ervin Mark D $43,943 None Available
Momat Nicole $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Momat Nicole $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2012 11/01/12 Sold $102,000 -14.3% $157 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $119,000 -- $183 / 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 $1,833 $14,400 $0 $14,400
2023 $1,833 $18,795 $0 $18,795
2021 $1,581 $18,795 $0 $18,795
2020 $1,495 $18,795 $0 $18,795
2019 $1,495 $18,795 $0 $18,795
2018 $0 $11,130 $0 $11,130
2017 $1,336 $6,360 $0 $6,360
2016 -- $6,360 $0 $6,360
2015 $1,336 $11,130 $0 $11,130
2014 $1,265 $6,360 $0 $6,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1206180

Coastal Carolinas Association of REALTORS®

APN: 47006020147