Seller's Agent in 2025
Betty Maddock
Saltwater Grande Realty, LLC
(914) 489-2964
5 in this area
56 Total Sales
505 28th Ave S North Myrtle Beach, SC 29582
Crescent Beach Neighborhood
4
Beds
2
Baths
1,100
Sq Ft
871
Sq Ft Lot
About This Home
As of May 2021Charming Beach Cottage duplex just steps to the ocean and beach. Both units (2 bedroom and 1 bath) were remodeled two years ago and are fully rented with great long term tenants in place, currently leased month to month. Low maintenance property and very easy to manage. Property feels private sitting back from the road with large beautiful oak trees and a greenbelt to the rear. Each side has their own private fenced yard. NO HOA and property is NOT in a designated flood zone. Looking for a great return on your investment? Check out this property with a CAP of nearly 7% (annual net return). This property is a perfect turn key investment for investors with it's low maintenance. If you are a a homebuyer, you can take advantage of the low down payment, rental income helps to qualify for a loan, low interest rates and local tax breaks for owner occupied. Live in one side and rent the other! Property could also work as a short term vacation rental. Take advantage of the low interest rates and great financing terms out there to get a great return on your investment.
Last Agent to Sell the Property
LISTWITHFREEDOM.COM License #3337811 Listed on: 01/24/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,213
Year Built
- Built in 1963
Home Design
- 1,100 Sq Ft Home
- Duplex
- Slab Foundation
- Block Exterior
- Steel Siding
- Stucco
Utilities
- Central Heating and Cooling System
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2021
Closed on
May 17, 2021
Sold by
Erickson Sherri Ann
Bought by
Migand Holdings Llc
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
Buyer's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
List Price
$245,000
Sold Price
$247,500
Premium/Discount to List
$2,500
1.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.65%
Purchase Details
Closed on
Dec 14, 2018
Sold by
Griffith Sherry Usery
Bought by
Erickson Sherri Ann and Ray Martin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $247,500 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $155,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $715,000 | Mortgage Modification | |
| Previous Owner | $116,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $1,459,000 | +489.5% | $402 / Sq Ft |
| 05/18/2021 05/18/21 | Sold | $247,500 | +1.0% | $225 / Sq Ft |
| 01/24/2021 01/24/21 | For Sale | $245,000 | -- | $223 / 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 | $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
-
-
Seller's Agent in 2021
Ralph Harvey
LISTWITHFREEDOM.COM
(855) 456-4945
6 in this area
11,016 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2101698
APN: 35716040073
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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