NOT LISTED FOR SALE

502 Rainbow Dr Unit Myrtle Dunes Murrells Inlet, SC 29576

Estimated Value: $782,000 - $889,000

5 Beds
5 Baths
2,352 Sq Ft
$349/Sq Ft Est. Value

About This Home

This home is located at 502 Rainbow Dr Unit Myrtle Dunes, Murrells Inlet, SC 29576 and is currently estimated at $821,682, approximately $349 per square foot. 502 Rainbow Dr Unit Myrtle Dunes is a home located in Horry County with nearby schools including Seaside Elementary, St. James Middle School, and St. James Intermediate.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Bowen Shannon Arrowood
Bought by
Weiser Jason Martin and Weiser Vanessa Lynn
Current Estimated Value
$821,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,325
Outstanding Balance
$553,348
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$268,334

Purchase Details

Closed on
May 28, 2020
Sold by
Martin Michael H
Bought by
Bowen Shannon Arrowood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2015
Sold by
Dudley William L
Bought by
Martin Michael H and Martin Judy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
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

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 $9,244 $44,163 $22,137 $22,026
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

Map

South Carolina Horry County Murrells Inlet 29576

502 Rainbow Dr Unit Myrtle Dunes, Murrells Inlet, SC

Not Listed for Sale

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.

Nearby Homes