502 Rainbow Dr Unit 30 Murrells Inlet, SC 29576
Estimated Value: $610,000 - $803,000
5
Beds
4.5
Baths
2,352
Sq Ft
$319/Sq Ft
Est. Value
Highlights
- Private Pool
- Furnished
- Stainless Steel Appliances
- Seaside Elementary Rated A-
- Solid Surface Countertops
- Front Porch
About This Home
As of August 2023Welcome to your dream coastal retreat! This stunning, move-in ready raised beach home is fully furnished and waiting for you. Boasting 5 spacious bedrooms and 4 1/2 bathrooms, this home offers ample space for you and your guests to relax and unwind. The interior of this home is a true masterpiece. The modern kitchen features top-of-the-line stainless steel appliances, perfect for the aspiring chef in you. This home also has, two 28x7, expansive balconies that provide breathtaking views of the surrounding area. With plenty of space for outdoor furniture, these decks offer the perfect setting for entertaining friends and family or simply enjoying a quiet evening under the stars. Step outside and be greeted by your own private oasis—a sparkling inground heated pool, nestled within a fenced-in yard, ensuring complete privacy and tranquility. Imagine lounging by the poolside, soaking up the sun, and enjoying the gentle coastal breeze. Additionally, you'll find a lockable 10x18, golf cart storage area, perfect for storing your beach essentials and exploring the neighborhood in style. Also, there ample parking space for 10+ cars, ensuring convenience for you and your guests. Convenience is key in this home, as it is elevator ready! The Elevator Shaft is already built into the home, which serves as a hallway closet for now. There are NO HOA Fees! Location is everything, and this home offers the best of both worlds. Situated within walking distance or a short golf cart ride to the beautiful Beaches. Additionally, this property is conveniently located near shopping centers, dining establishments, Surfside Beach, and Garden City Pier, Hospital and schools, providing you with easy access to all your daily needs. Don't miss this incredible opportunity to own your own slice of paradise.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,244
Year Built
- Built in 2007
Lot Details
- 7,405 Sq Ft Lot
- Fenced
- Rectangular Lot
- Property is zoned MSF 6
Parking
- Tuck Under Parking
Home Design
- Stilt Home
- Bi-Level Home
- Raised Foundation
- Vinyl Siding
- Tile
Interior Spaces
- 2,352 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Carpet
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Single Vanity
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Private Pool
- Patio
- Front Porch
Location
- East of US 17
Schools
- Seaside Elementary School
- Saint James Middle School
- Saint James High School
Utilities
- Central Heating and Cooling System
- Water Heater
- Phone Available
- Cable TV Available
Community Details
- The community has rules related to fencing, allowable golf cart usage in the community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 4, 2023
Closed on
Aug 15, 2023
Sold by
Bowen Shannon Arrowood
Bought by
Weiser Jason Martin and Weiser Vanessa Lynn
Seller's Agent
Barbara Laverty
Realty ONE Group Dockside
Buyer's Agent
Samuel "Sammy" Anderson
Keller Williams Innovate South
List Price
$759,900
Sold Price
$759,900
Total Days on Market
11
Views
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,734
Avg. Annual Appreciation
-0.80%
Original Mortgage
$566,325
Outstanding Balance
$556,092
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$193,074
Purchase Details
Listed on
Mar 22, 2019
Closed on
May 28, 2020
Sold by
Martin Michael H
Bought by
Bowen Shannon Arrowood
Seller's Agent
Joe Luzzi
South Strand Realty
Buyer's Agent
Layne Mureddu
RE/MAX Southern Shores GC
List Price
$465,000
Sold Price
$420,000
Premium/Discount to List
-$45,000
-9.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.50%
Original Mortgage
$403,750
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 27, 2015
Closed on
Dec 29, 2015
Sold by
Dudley William L
Bought by
Martin Michael H and Martin Judy J
Seller's Agent
Theodore Stavrakis
Fnis Blac Knight MLS Solutions
Buyer's Agent
Theodore Stavrakis
Fnis Blac Knight MLS Solutions
List Price
$424,900
Sold Price
$400,000
Premium/Discount to List
-$24,900
-5.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%
Original Mortgage
$255,000
Interest Rate
3.96%
Purchase Details
Closed on
Sep 19, 2011
Sold by
Sedlack Gary L
Bought by
Dudley William L
Purchase Details
Closed on
Oct 26, 2005
Sold by
Armao Donna L and Armao Donna Lee
Bought by
Sedlack Gary L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Murrells Inlet, SC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weiser Jason Martin | $759,900 | -- | |
| Bowen Shannon Arrowood | $425,000 | -- | |
| Martin Michael H | $400,000 | -- | |
| Dudley William L | $325,000 | -- | |
| Sedlack Gary L | $184,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weiser Jason Martin | $566,325 | |
| Previous Owner | Bowen Shannon Arrowood | $403,750 | |
| Previous Owner | Martin Michael H | $255,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2023 08/15/23 | Sold | $759,900 | 0.0% | $323 / Sq Ft |
| 07/04/2023 07/04/23 | For Sale | $759,900 | +80.9% | $323 / Sq Ft |
| 06/12/2020 06/12/20 | Sold | $420,000 | -1.2% | $177 / Sq Ft |
| 03/11/2020 03/11/20 | Price Changed | $425,000 | -2.3% | $179 / Sq Ft |
| 03/02/2020 03/02/20 | Price Changed | $435,000 | -2.2% | $184 / Sq Ft |
| 11/23/2019 11/23/19 | Price Changed | $444,900 | -4.3% | $188 / Sq Ft |
| 03/22/2019 03/22/19 | For Sale | $465,000 | +16.3% | $196 / Sq Ft |
| 12/30/2015 12/30/15 | Sold | $400,000 | -5.9% | $167 / Sq Ft |
| 10/03/2015 10/03/15 | Pending | -- | -- | -- |
| 04/27/2015 04/27/15 | For Sale | $424,900 | -- | $177 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $9,244 | $16,539 | $5,403 | $11,136 |
| 2023 | $9,244 | $16,539 | $5,403 | $11,136 |
| 2021 | $1,510 | $16,539 | $5,403 | $11,136 |
| 2020 | $5,265 | $17,531 | $5,403 | $12,128 |
| 2019 | $5,265 | $26,297 | $8,105 | $18,192 |
| 2018 | $0 | $23,734 | $5,956 | $17,778 |
| 2017 | $4,906 | $23,734 | $5,956 | $17,778 |
| 2016 | -- | $23,734 | $5,956 | $17,778 |
| 2015 | $3,636 | $17,555 | $4,157 | $13,398 |
| 2014 | $3,441 | $17,555 | $4,157 | $13,398 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Laverty
B
Seller's Agent in 2023
Barbara Laverty
Realty ONE Group Dockside
(864) 800-7946
2 in this area
46 Total Sales
-
Buyer's Agent in 2023
Samuel "Sammy" Anderson
Keller Williams Innovate South
-
Joe Luzzi
Seller's Agent in 2020
Joe Luzzi
South Strand Realty
(843) 421-4994
6 in this area
26 Total Sales
-
Layne Mureddu
Buyer's Agent in 2020
Layne Mureddu
RE/MAX
(843) 712-5171
2 in this area
122 Total Sales
-
Theodore Stavrakis
T
Seller's Agent in 2015
Theodore Stavrakis
Fnis Blac Knight MLS Solutions
(843) 241-2712
11 in this area
53 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2313175
APN: 46214030099
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 505 Rainbow Dr
- 514 Vista Dr
- 417 Seabreeze Dr
- 428 Vista Dr
- 248 Vista Dr
- 838 Marlin Ct
- 538 Calhoun Dr
- 128 Seabreeze Dr
- 829 Keel Ct
- 537 Woodland Dr
- 901 Southwind Ct Unit GC
- 539 Woodland Dr
- 339 Vista Dr
- 833 Main Sail Ct
- 521 Bay Drive Extension
- 401 Calhoun Dr
- 527 Bay Drive Extension
- 1005 Kelly Ct
- 1517 Schooner Ct Unit 5
- 300 Marsh Place Unit 302
- 502 Rainbow Dr Unit Myrtle Dunes
- 502 Rainbow Dr Unit 30
- 500 Rainbow Dr
- 448 Rainbow Dr
- 517 Seabreeze Dr
- 510 Rainbow Dr
- 521 Seabreeze Dr
- 521 Seabreeze Dr Unit Lot 12
- 446 Rainbow Dr Unit (Garden City Beach)
- 525 Seabreeze Dr
- 501 Rainbow Dr
- 507B Seabreeze Dr Unit B
- 507 Seabreeze Dr
- 507 Seabreeze Dr Unit 507 Seabreeze Dr. A
- 507A Seabreeze Dr Unit A
- 529 Seabreeze Dr
- 503 Seabreeze Dr
- 518 Rainbow Dr
- 440 Rainbow Dr
- 918 Pebble Ln