Seller's Agent in 2024
David Adam
Coastal Premier RE Services
(843) 424-9277
17 in this area
59 Total Sales
511 Caribbean Way S Unit 4 Myrtle Beach, SC 29577
Downtown Myrtle Beach Neighborhood
4
Beds
4.5
Baths
2,200
Sq Ft
0.64
Acres
Highlights
- Ocean View
- Deck
- Balcony
- Private Pool
- Furnished
- Breakfast Bar
About This Home
As of November 2024The entire home has just been freshly painted and a new backsplash has been added in the kitchen. Caribbean Cove 511 is a spacious four-bedroom, four-and-one-half-bathroom beach house rental in Myrtle Beach, South Carolina. It's being sold completely furnished. Located 4 miles from Market Common (to the south) and about 4 miles from Broadway at the Beach (to the north), this home is close to great attractions and restaurants. The beach house is designed for comfort and convenience and has a fully equipped kitchen, wireless Internet access, numerous flat screen televisions and a game room. It is easy to kick back and relax at Caribbean Cove 511 and it is also delightful to walk to the beach and enjoy some time on the oceanfront. The outside amenities at this luxury vacation beach house includes a shared swimming pool. Indulge in having a pool nearby without the crowd of a high-rise resort.
Last Agent to Sell the Property
The Ocean Forest Company License #26646 Listed on: 06/19/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,475
Year Built
- Built in 2007
HOA Fees
- $215 Monthly HOA Fees
Parking
- Tuck Under Parking
Home Design
- Stilt Home
- Raised Foundation
- Tile
Interior Spaces
- 2,200 Sq Ft Home
- Furnished
- Insulated Doors
- Combination Dining and Living Room
- Carpet
- Ocean Views
- Fire and Smoke Detector
- Washer and Dryer
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Private Pool
- Balcony
- Deck
Location
- East of US 17
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Water Heater
- Cable TV Available
Community Details
Recreation
- Community Pool
Additional Features
- Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2024
Closed on
Nov 15, 2024
Sold by
Sivkov Susan L
Bought by
Phan Charles T and Phan Yen Nguyet
Seller's Agent
David Adam
Coastal Premier RE Services
Buyer's Agent
The Equity Team
S.H. June & Associates, LLC
List Price
$629,000
Sold Price
$585,000
Premium/Discount to List
-$44,000
-7%
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,174
Avg. Annual Appreciation
-0.82%
Purchase Details
Listed on
Jun 19, 2016
Closed on
Sep 30, 2016
Sold by
Sisson Gregory S
Bought by
Sivkov Susan L and Sivkov Val
Seller's Agent
Greg Sisson
The Ocean Forest Company
Buyer's Agent
Shayla Dewitt Dewitt
NorthGroup Real Estate LLC
List Price
$292,900
Sold Price
$285,000
Premium/Discount to List
-$7,900
-2.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$256,500
Interest Rate
3.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2008
Sold by
Sisson Gregory S and Richardson Robert N
Bought by
Sisson Gregory S and Sisson Stephanie R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 13, 2007
Sold by
Myrtle Beach South Properties Llc
Bought by
Richardson Robert N and Richardson Marie H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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 | $585,000 | -- | |
| Warranty Deed | $285,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $323,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $256,500 | New Conventional | |
| Previous Owner | $170,000 | Purchase Money Mortgage | |
| Previous Owner | $161,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/18/2024 11/18/24 | Sold | $585,000 | -5.5% | $303 / Sq Ft |
| 09/26/2024 09/26/24 | Price Changed | $619,000 | -1.6% | $320 / Sq Ft |
| 08/24/2024 08/24/24 | For Sale | $629,000 | +120.7% | $326 / Sq Ft |
| 09/30/2016 09/30/16 | Sold | $285,000 | -2.7% | $130 / Sq Ft |
| 08/11/2016 08/11/16 | Pending | -- | -- | -- |
| 06/19/2016 06/19/16 | For Sale | $292,900 | -- | $133 / 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 | $5,475 | $39,900 | $0 | $39,900 |
| 2023 | $5,475 | $31,553 | $0 | $31,553 |
| 2021 | $5,052 | $31,553 | $0 | $31,553 |
| 2020 | $4,646 | $31,553 | $0 | $31,553 |
| 2019 | $4,646 | $31,553 | $0 | $31,553 |
| 2018 | $0 | $29,925 | $0 | $29,925 |
| 2017 | $4,497 | $17,100 | $0 | $17,100 |
| 2016 | $0 | $17,640 | $0 | $17,640 |
| 2015 | -- | $11,760 | $0 | $11,760 |
| 2014 | $4,459 | $11,760 | $0 | $11,760 |
Source: Public Records
Agents Affiliated with this Home
-
David Adam
-
The Equity Team
T
Buyer's Agent in 2024
The Equity Team
S.H. June & Associates, LLC
(631) 877-0270
5 in this area
89 Total Sales
-
Greg Sisson
Seller's Agent in 2016
Greg Sisson
The Ocean Forest Company
(843) 420-1303
76 in this area
1,662 Total Sales
-
Shayla Dewitt Dewitt
S
Buyer's Agent in 2016
Shayla Dewitt Dewitt
NorthGroup Real Estate LLC
(843) 685-4011
2 in this area
58 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1612887
APN: 44305030007
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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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