503 2nd Ave S North Myrtle Beach, SC 29582
Ocean Drive NeighborhoodEstimated Value: $781,000 - $864,000
5
Beds
3
Baths
2,374
Sq Ft
$348/Sq Ft
Est. Value
Highlights
- Private Pool
- Sitting Area In Primary Bedroom
- Contemporary Architecture
- Ocean Drive Elementary School Rated A
- Deck
- 3-minute walk to McLean Park
About This Home
As of May 2024Don't miss the opportunity to be the next owner of this amazing home. This home has been tastefully updated throughout. Upon entering you will be greeted by soaring ceilings giving the area an airy and spacious feel. The living room, equipped with a fireplace, offers a cozy space for gatherings. The dining area and kitchen with granite counters, backsplash, and ample storage add to the overall appeal. The utility room on the main level, which houses the washer and dryer, adds practicality. The inclusion of a full bathroom on this level, along with a home office/bedroom, enhances the home's functionality. The second floor features a spacious primary bedroom with dual closets, an adjacent bathroom and an additional bedroom. On the top floor, the skylight adds a touch of natural light, and two more bedrooms with dedicated closets and full bath provide ample living space. New LVP flooring is throughout the common areas this home is move-in ready. The backyard offers a large deck that leads to the custom inground pool w/hot tub & tanning ledge an attractive feature, providing space for entertainment or relaxation. The homes proximity to the beach, park and all the great things to do on Main Street is only a few blocks away, making this a great coastal location. The geodesic dome structure offers a 30% increase in efficiency compared to conventional homes. This is a significant feature for buyers looking to reduce their energy footprint. Another great feature is the construction's ability to withstand hurricanes, earthquakes, and tornadoes due to the properties design.
Last Agent to Sell the Property
Saltwater Grande Realty, LLC License #91104 Listed on: 01/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,025
Year Built
- Built in 1987
Lot Details
- 10,019 Sq Ft Lot
- Fenced
- Rectangular Lot
Parking
- 4 Car Attached Garage
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Vinyl Siding
- Tile
Interior Spaces
- 2,374 Sq Ft Home
- 3-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Window Treatments
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Loft
- Crawl Space
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 3 Full Bathrooms
- Single Vanity
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- Private Pool
- Spa
Outdoor Features
- Deck
- Patio
- Front Porch
Location
- East of US 17
Schools
- Ocean Drive Elementary School
- North Myrtle Beach Middle School
- North Myrtle Beach High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
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
Jan 26, 2024
Closed on
May 28, 2024
Sold by
Rosario Miguelito
Bought by
Belapurkar Sonali and Sripada Srinivas
Seller's Agent
Elizabeth Maddock
Saltwater Grande Realty, LLC
Buyer's Agent
Walter Ford
Century 21 Palms Realty
List Price
$875,000
Sold Price
$850,900
Premium/Discount to List
-$24,100
-2.75%
Total Days on Market
59
Views
161
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
-$25,149
Avg. Annual Appreciation
-2.84%
Original Mortgage
$716,974
Outstanding Balance
$711,136
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$114,615
Purchase Details
Listed on
Aug 12, 2021
Closed on
Nov 2, 2021
Sold by
Watkins Terry E
Bought by
Rosario Miguelito
Seller's Agent
Lisa C. Smith
JPAR MAGNOLIA GROUP
Buyer's Agent
Elizabeth Maddock
Saltwater Grande Realty, LLC
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.76%
Purchase Details
Closed on
Jan 28, 2002
Sold by
Watkins Terry E and Watkins Charlotte
Bought by
Watkins Terry E and Watkins Charlotte D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.99%
Mortgage Type
Unknown
Similar Homes in North Myrtle Beach, SC
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Belapurkar Sonali | $843,499 | -- | |
| Rosario Miguelito | $525,000 | -- | |
| Watkins Terry E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Belapurkar Sonali | $716,974 | |
| Previous Owner | Watkins Terry E | $121,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $850,900 | -2.8% | $358 / Sq Ft |
| 01/26/2024 01/26/24 | For Sale | $875,000 | +66.7% | $369 / Sq Ft |
| 11/03/2021 11/03/21 | Sold | $525,000 | +5.0% | $176 / Sq Ft |
| 08/12/2021 08/12/21 | For Sale | $500,000 | -- | $168 / 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 | $8,025 | $11,711 | $3,686 | $8,025 |
| 2023 | $8,025 | $11,711 | $3,686 | $8,025 |
| 2021 | $7,128 | $19,992 | $7,926 | $12,066 |
| 2020 | $1,226 | $19,824 | $7,926 | $11,898 |
| 2019 | $1,134 | $19,824 | $7,926 | $11,898 |
| 2018 | $0 | $16,487 | $4,673 | $11,814 |
| 2017 | $0 | $16,487 | $4,673 | $11,814 |
| 2016 | $0 | $16,487 | $4,673 | $11,814 |
| 2015 | -- | $16,487 | $4,673 | $11,814 |
| 2014 | $953 | $19,253 | $4,673 | $14,580 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Maddock
Seller's Agent in 2024
Elizabeth Maddock
Saltwater Grande Realty, LLC
(914) 489-2964
2 in this area
57 Total Sales
-
Walter Ford
W
Buyer's Agent in 2024
Walter Ford
Century 21 Palms Realty
(843) 902-0777
1 in this area
3 Total Sales
-
L
Seller's Agent in 2021
Lisa C. Smith
JPAR MAGNOLIA GROUP
(843) 996-0797
7 in this area
97 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2402270
APN: 35608020085
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.
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