$400,000
SOLD DEC 30, 2015

502 Rainbow Dr Unit 30 Murrells Inlet, SC 29576

5 Beds
4.5 Baths
2,401 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

6% Below List Price

159 Days on Market

Highlights

  • Private Pool
  • RV or Boat Parking
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Seaside Elementary Rated A-
  • Deck
  • Furnished

About This Home

As of August 2023

Furnished, 5 bedroom beauty with private in ground pool ready for your family this summer! No HOA fees! Immaculate and move in, like new condition! BIG, 5 bedroom 4 1/2 bath raised beach home with your own private POOL! like new, Stainless Steel, Frigidaire Appliances! Two, 28' X 7' decks! Quiet neighborhood within easy walking or golf cart distance to the beautiful Garden City Beaches! Virtually no "through traffic" on Rainbow! Close to everything; The Pier at Garden City, shopping, dining, schools, Waccamaw Hospital, etc. Plenty of parking for 10+ cars! Lockable 10'X18' golf cart/storage room! 6' white vinyl privacy fence surrounds a spacious yard! Elevator ready. What a great place to call home! All measurements are estimates and must be verified by buyer.

Last Agent to Sell the Property

Theodore Stavrakis

ICE Mortgage Technology INC License #44619

Last Buyer's Agent

Theodore Stavrakis

ICE Mortgage Technology INC License #44619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,244

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Rectangular Lot

Parking

  • Tuck Under Parking
  • RV or Boat Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,401 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Open Floorplan
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Private Pool
  • Deck
  • Patio
  • Front Porch

Location

  • East of US 17
  • Outside City Limits

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,244

Year Built

Built in 2007

Lot Details

0

Parking

10

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 2007
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric, Forced Air
  • Sold Total Heated Sq Ft: 2401
  • Sold Total Sq Ft: 2600
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 10
  • Total Heated Sq Ft: 2401
  • Geo Subdivision: SC
  • Section Subdivision: Dogwood Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Bedroom 1: 11X15
  • Bedroom 2: 11X15
  • Bedroom 3: 12X14
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection
  • Living Room: 27X19
  • Master Bedroom: 17X14
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Ceiling Fan, Fam/Dr Combo, Kit/Dr Combo
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 2600

Exterior Features

  • Exterior Features: Patio, Deck, Front Porch, Fencing, Lawn Sprinkler, Pool-Outdoor Private, Boat Parking, Outside Storage Attached, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: Outside City Limits, East Of Bus 17
  • Zoning: Res

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
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
159
Views
169
Current Estimated Value
$749,166

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
ICE Mortgage Technology INC
Buyer's Agent
Theodore Stavrakis
ICE Mortgage Technology INC
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

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $759,900 --
Warranty Deed $425,000 --
Warranty Deed $400,000 --
Deed $325,000 --
Deed $184,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $566,325 New Conventional
Previous Owner $403,750 New Conventional
Previous Owner $255,000 No Value Available
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

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

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1508567

Coastal Carolinas Association of REALTORS®

APN: 46214030099