NOT LISTED FOR SALE

Estimated Value: $416,087 - $576,000

6 Beds
4 Baths
2,068 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $450,000 $218 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,310/month

7 Days on Market

About This Home

As of June 2023

Amazing quadplex here in downtown Myrtle Beach, S.C. Two houses on one corner lot. Just 0.4 miles from the beach! The first home has 2, 1bedroom 1bathroom units. The second home has 2, 2 bedroom 1bathroom units. These homes comes with all the necessary amenities. Makes a perfect spot for short/long-term rentals.

Last Agent to Sell the Property

Bryan Rogers

LPT Realty, LLC. Listed on: 04/01/2023

LPT Realty, LLC.

Last Buyer's Agent

Derek Heppe

Ace Realty, LLC License #79574

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,711

Year Built

  • Built in 1957

Lot Details

  • 0.28

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,068 Sq Ft Home
  • Crawl Space

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Additional Features

  • Corner Lot
  • East of US 17

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,711

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Four Sided Lot Measurement: 13939.2
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1957
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 04/02/2023
  • Sold Total Heated Sq Ft: 2068
  • Sold Total Sq Ft: 2068
  • Total Heated Sq Ft: 2068
  • One Bedroom Rent Range: 900
  • Two Bedroom Rent Range: 950
  • Number1 Br Units: 2
  • Number2 Br Units: 2
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Total Sq Ft: 2068

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl

Garage/Parking

  • Type: Quad

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public
  • Heating Cooling: Window/Wall Unit

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits
  • Zoning: MF

Multi Family

  • Number Of Units: 4

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Maherali Saara
Bought by
Ice Cream Bear Llc
Total Days on Market
7
Current Estimated Value
$490,022

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jun 20, 2023
Sold by
Ritter Michael
Bought by
Maherali Saara
Seller's Agent
Bryan Rogers
LPT Realty, LLC.
Buyer's Agent
Derek Heppe
Ace Realty, LLC
List Price
$450,000
Sold Price
$450,000
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$337,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Everhart Kelly D and Everhart Tina
Bought by
Ritter Michael and Atkinson Sidney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ice Cream Bear Llc -- --
Maherali Saara $450,000 --
Ritter Michael $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maherali Saara $337,500
Previous Owner Ritter Michael O $180,000
Previous Owner Ritter Michael $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $450,000 0.0% $218 / Sq Ft
04/01/2023 04/01/23 For Sale $450,000 -- $218 / 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 $6,711 $11,971 $3,361 $8,610
2023 $6,711 $11,971 $3,361 $8,610
2021 $3,354 $14,947 $3,361 $11,586
2020 $1,917 $14,947 $3,361 $11,586
2019 $1,905 $14,947 $3,361 $11,586
2018 $1,710 $10,933 $3,361 $7,572
2017 $1,686 $10,933 $3,361 $7,572
2016 -- $10,933 $3,361 $7,572
2015 $1,668 $10,934 $3,362 $7,572
2014 $1,603 $10,934 $3,362 $7,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2306217

Coastal Carolinas Association of REALTORS®

APN: 44304030037