NOT LISTED FOR SALE

Estimated Value: $419,000 - $514,000

4 Beds
2 Baths
1,288 Sq Ft
$367/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $220,000 $171 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,709/month

80 Days on Market

Highlights

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

About This Home

As of January 2019

This house is a duplex with each unit having 2 bedrooms, one bath and open living room, kitchen and dining. Begin ownership with 2 rental incomes with the purchase of only one house or live on one side and rent the other. Comes furnished. Decks on both the front and back of the house. Outdoor shower and two storage buildings on the property. Completely fenced, front and back yard. Great for children and pets. Short, easy walk to the beach. Don't miss the house beside this one that the same owner is selling (505 28th Ave South). This duplex has always been privately managed by former owner. Unfortunately no rental history given to current owner.

Last Agent to Sell the Property

Cynthia Stanley

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

Last Buyer's Agent

Cynthia Stanley

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1959

Lot Details

  • 9,148

Home Design

  • 1,288 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
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,176

Year Built

Built in 1959

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: 1959
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 08/01/2018
  • Sold Total Heated Sq Ft: 1288
  • Sold Total Sq Ft: 1288
  • Total Heated Sq Ft: 1288
  • 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: 1959

Interior Features

  • Total Sq Ft: 1288

Exterior Features

  • Exterior Finish: Block
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, 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

Listed on
Aug 1, 2018
Closed on
Jan 11, 2019
Sold by
Griffith Sherry Usery
Bought by
Anderson John F and Sivinee
Seller's Agent
Cynthia Stanley
Sea Oats Real Estate
Buyer's Agent
Cynthia Stanley
Sea Oats Real Estate
List Price
$255,000
Sold Price
$220,000
Premium/Discount to List
-$35,000
-13.73%
Current Estimated Value
$472,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,771
Avg. Annual Appreciation
11.00%
Original Mortgage
$176,000
Interest Rate
4.6%
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
Source: Public Records

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
Anderson John F $220,000 --
Usery Griffith Sherry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson John $160,000
Closed Anderson John F $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $220,000 -8.3% $171 / Sq Ft
10/02/2018 10/02/18 Price Changed $240,000 -2.0% $186 / Sq Ft
09/08/2018 09/08/18 Price Changed $245,000 -3.9% $190 / Sq Ft
08/01/2018 08/01/18 For Sale $255,000 -- $198 / 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 $1,176 $8,980 $6,120 $2,860
2023 $1,176 $8,980 $6,120 $2,860
2021 $1,033 $8,980 $6,120 $2,860
2020 $949 $8,980 $6,120 $2,860
2019 $878 $8,980 $6,120 $2,860
2018 $2,883 $12,601 $7,141 $5,460
2017 $2,014 $8,881 $4,741 $4,140
2016 -- $8,881 $4,741 $4,140
2015 $1,996 $8,882 $4,742 $4,140
2014 $1,932 $8,882 $4,742 $4,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1816060

Coastal Carolinas Association of REALTORS®

APN: 35716040074