NOT LISTED FOR SALE

505 28th Ave S Unit Lot 38 BL 57 Crescen North Myrtle Beach, SC 29582

Crescent Beach Neighborhood

Estimated Value: $1,103,787 - $1,580,000

2 Beds
2 Baths
1,032 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $155,000 $150 Per Sq Ft

Est. 810% increase in value since last sale

Current estimated payment $8,876/month

95 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ocean Drive Elementary School Rated A
  • Rectangular Lot

About This Home

As of December 2018

This 1960's duplex is an easy walk to the beach. Start ownership with not one rental income but two rental incomes with the purchase of one house! Each side of house has a living room, kitchen, bath and bedroom. Also has a bonus room off the bedroom that can be used as a second bedroom (window and door in this room) an office or a large walk-in closet. Plenty of room to gather outside or let the kids play in the fenced-in rear yard. Don't miss the house beside this one that the same owner is also selling (507 28th South Avenue). Ask your agent about a package deal for the two duplexes. This duplex has always been privately managed by former owner. Unfortunately no rental history given to current owner.

Last Listed By

Cynthia Stanley

Sea Oats Real Estate License #27524 Listed on: 08/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,213

Year Built

  • Built in 1963

Lot Details

  • 9,148

Home Design

  • 1,032 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Block Exterior

Schools

  • Ocean Bay Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,213

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Short Term Rental Allowed, Tenant Allowed Motorcycle
  • Estimated Year Built: 1963
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 08/01/2018
  • Sold Total Heated Sq Ft: 1032
  • Sold Total Sq Ft: 1032
  • Total Heated Sq Ft: 1032
  • Number1 Br Units: 2
  • Number2 Br Units: 2
  • Safety Features: Lead Based Paint Disc., Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: Crescent Beach
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Total Sq Ft: 1032

Exterior Features

  • Exterior Finish: Block
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Air, Central Heat, Electric, Forced Air

Schools

  • Elementary School: Ocean Bay Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits
  • Zoning: R-2

Multi Family

  • Number Of Units: 2

MLS Schools

  • Elementary School: Ocean Bay Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2021
Sold by
Erickson Sherri Ann
Bought by
Migand Holdings Llc
Total Days on Market
95
Current Estimated Value
$1,410,447

Purchase Details

Listed on
Aug 1, 2018
Closed on
Dec 14, 2018
Sold by
Griffith Sherry Usery
Bought by
Erickson Sherri Ann and Ray Martin D
Seller's Agent
Cynthia Stanley
Sea Oats Real Estate
Buyer's Agent
Cynthia Stanley
Sea Oats Real Estate
List Price
$199,000
Sold Price
$155,000
Premium/Discount to List
-$44,000
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.46%
Original Mortgage
$116,250
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2017
Sold by
Usery Shirley D Tr
Bought by
Usery Griffith Sherry and Usery Wade N

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 Buyer Sale Price Title Company
Migand Holdings Llc $247,500 --
Erickson Sherri Ann -- --
Erickson Sherri Ann $155,000 --
Usery Griffith Sherry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Migand Holdings Llc $715,000
Previous Owner Erickson Sherri Ann $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $155,000 -3.1% $150 / Sq Ft
10/22/2018 10/22/18 Price Changed $160,000 -5.9% $155 / Sq Ft
10/02/2018 10/02/18 Price Changed $170,000 -9.6% $165 / Sq Ft
09/08/2018 09/08/18 Price Changed $188,000 -5.5% $182 / Sq Ft
08/01/2018 08/01/18 For Sale $199,000 -- $193 / 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 $12,213 $9,600 $7,860 $1,740
2023 $12,213 $9,600 $7,860 $1,740
2021 $3,569 $9,600 $7,860 $1,740
2020 $2,148 $9,600 $7,860 $1,740
2019 $2,813 $9,600 $7,860 $1,740
2018 $2,801 $12,241 $7,141 $5,100
2017 $1,681 $7,711 $4,741 $2,970
2016 -- $7,711 $4,741 $2,970
2015 $1,666 $7,712 $4,742 $2,970
2014 $1,612 $7,712 $4,742 $2,970
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Stanley

    Seller's Agent in 2018

    Cynthia Stanley

    Sea Oats Real Estate

    (843) 222-2687

    3 in this area

    166 Total Sales

    Cynthia Stanley
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1816059

Coastal Carolinas Association of REALTORS®

APN: 35716040073

South Carolina Horry County North Myrtle Beach 29582 Crescent Beach

505 28th Ave S Unit Lot 38 BL 57 Crescen, North Myrtle Beach, SC

Homes for Sale in North Myrtle Beach, SC

This home is located at 505 28th Ave S Unit Lot 38 BL 57 Crescen, North Myrtle Beach, SC 29582 since 01 August 2018 and is currently estimated at $1,410,447, approximately $1,366 per square foot. This property was built in 1963. 505 28th Ave S Unit Lot 38 BL 57 Crescen is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

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.

Coastal Carolinas Association of REALTORS® 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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