NOT LISTED FOR SALE

5087 Highway 17 Business Murrells Inlet, SC 29576

Murrells Inlet Neighborhood

Estimated Value: $629,000 - $853,000

0.45 Acre
$1,693,858 Price per Acre
19,602 Sq Ft Lot

Last Sold December 09, 2022

Last sale price $699,900 $241 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,082/month

31 Days on Market

Highlights

  • Creek On Lot
  • Property fronts a marsh
  • Rectangular Lot
  • Waccamaw Elementary School Rated A-

About This Lot

As of December 2022

Incredible opportunity to own one of the last waterfront lots in the heart of Murrells Inlet. The views of the inlet and salt marsh from this lot are beautiful and unobstructed. At 0.45 acres, you will have plenty of room to build your creek home and still have ample space for landscaping and outdoor recreation. You will be just moments from Murrells Inlet’s main attractions like Huntington Beach State Park, the Marshwalk and many famous seafood restaurants. Don’t miss this opportunity to build your dream home on Murrells Inlet.

Last Agent to Sell the Property

The Jamie Beard Team

The Litchfield Company RE Listed on: 06/13/2022

The Litchfield Company RE

Co-Listed By

Jay Nelson

The Litchfield Company RE License #94969

Last Buyer's Agent

Phil Murdock

Surfside Realty Co Inc License #21094

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,036

Lot Details

  • 0.45 Acre Lot
  • Property fronts a marsh
  • Rectangular Lot
  • Property is zoned GR

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Additional Features

  • Creek On Lot
  • East of US 17

Property Details

Property Type

Land

Est. Annual Taxes

$10,036

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 06/13/2022
  • Estimated Lot Size: Less Than 1/2 Acre
  • Number Of Lots: 1
  • Residence: Land Only
  • Utilities To Site: Electricity, Water, Sewer, Tv Cable
  • Geo Subdivision: SC
  • Section Subdivision: Eason Acres
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.45

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Lot Location: East Of Business 17, On Inlet/Creek, Marsh/Wetlands View, East Of Highway 17 Bypass
  • Zoning: GR

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Murdock W Phil
Bought by
Oslin Daniel S
Current Estimated Value
$762,236

Purchase Details

Closed on
Aug 8, 2023
Sold by
Oslin Daniel and Oslin Laura Edwards
Bought by
Oslin Daniel and Oslin Laura Edwards

Purchase Details

Listed on
Jun 13, 2022
Closed on
Nov 29, 2022
Sold by
Rhodes William David
Bought by
Oslin Custom Homes Inc
Seller's Agent
The Jamie Beard Team
The Litchfield Company RE
Buyer's Agent
Phil Murdock
Surfside Realty Co Inc
List Price
$699,900
Sold Price
$699,900
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
Feb 19, 2021
Closed on
Sep 28, 2021
Sold by
Dorman Paul Dexter and Dorman Kelly Lee
Bought by
Rhodes William David and Rhodes Rachel Holt
Seller's Agent
Adrian Dorman
Resourceful Realty
Buyer's Agent
Adrian Dorman
Resourceful Realty
List Price
$595,000
Sold Price
$577,150
Premium/Discount to List
-$17,850
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 16, 2017
Closed on
Feb 28, 2018
Sold by
Rogers Gail T
Bought by
Dorman Ii Paul Dexter and Dorman Kelly Lee
Seller's Agent
Johnny Rowell
Pawleys Island Realty Co
Buyer's Agent
Johnny Rowell
Pawleys Island Realty Co
List Price
$579,000
Sold Price
$535,000
Premium/Discount to List
-$44,000
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$535,000
Interest Rate
4.04%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 14, 2008
Sold by
Labruzzo Emma C
Bought by
Labruzzo Emma C and Labruzzo Norman A
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
Oslin Daniel S -- None Listed On Document
Oslin Daniel -- None Listed On Document
Oslin Custom Homes Inc $699,900 --
Rhodes William David $577,150 None Available
Dorman Ii Paul Dexter $535,000 None Available
Labruzzo Emma C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhodes William David $300,000
Previous Owner Dorman Ii Paul Dexter $535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $699,900 0.0% $241 / Sq Ft
06/13/2022 06/13/22 For Sale $699,900 +21.3% $241 / Sq Ft
10/01/2021 10/01/21 Sold $577,150 -3.0% $199 / Sq Ft
02/19/2021 02/19/21 For Sale $595,000 +11.2% $205 / Sq Ft
03/05/2018 03/05/18 Sold $535,000 -7.6% $303 / Sq Ft
11/16/2017 11/16/17 For Sale $579,000 -- $328 / 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 $10,036 $37,660 $37,500 $160
2023 $10,036 $37,660 $37,500 $160
2022 $7,802 $33,160 $33,000 $160
2021 $6,779 $0 $0 $0
2020 $6,770 $0 $0 $0
2019 $5,882 $0 $0 $0
2018 $2,611 $0 $0 $0
2017 $2,128 $0 $0 $0
2016 $2,106 $22,308 $0 $0
2015 $2,100 $0 $0 $0
2014 $2,100 $577,400 $424,800 $152,600
2012 -- $577,400 $424,800 $152,600
Source: Public Records

Agents Affiliated with this Home

  • The Jamie Beard Team

    Seller's Agent in 2022

    The Jamie Beard Team

    The Litchfield Company RE

    (843) 979-5380

    22 in this area

    480 Total Sales

    The Jamie Beard Team
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jay Nelson

    The Litchfield Company RE

    11 in this area

    101 Total Sales

    Jay Nelson
    Section Image
  • Phil Murdock

    Buyer's Agent in 2022

    Phil Murdock

    Surfside Realty Co Inc

    (843) 655-4600

    3 in this area

    29 Total Sales

    Phil Murdock
    Section Image
  • Adrian Dorman

    Seller's Agent in 2021

    Adrian Dorman

    Resourceful Realty

    (843) 568-2452

    8 in this area

    18 Total Sales

    Adrian Dorman
    Section Image
  • Johnny Rowell

    Seller's Agent in 2018

    Johnny Rowell

    Pawleys Island Realty Co

    (843) 833-3668

    50 Total Sales

    Johnny Rowell
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2213271

Coastal Carolinas Association of REALTORS®

APN: 41-0125-099-00-00

South Carolina Georgetown County Murrells Inlet 29576 Murrells Inlet

5087 Highway 17 Business, Murrells Inlet, SC

This home is located at 5087 Highway 17 Business, Murrells Inlet, SC 29576 since 13 June 2022 and is currently estimated at $762,236, approximately $262 per square foot. 5087 Highway 17 Business is a home located in Georgetown County with nearby schools including Waccamaw Elementary School, Waccamaw Intermediate School, and Waccamaw Middle 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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