NOT LISTED FOR SALE

515 31st Ave N Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $409,000 - $710,000

3 Beds
2 Baths
1,844 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $400,000 $217 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,150/month

30 Days on Market

About This Home

As of May 2023

Great investment property on a lovely residential street just 2 blocks from the ocean! There are two units in this one story home that features a remarkably fenced-in back yard. Updated home is ready for renters, or you can live in one unit and rent out the other! Or maybe you want to keep relatives close but in their own space! There are many options with this unique property. It's just an 8-minute drive from Grand Strand Medical, so it is a favored rental for visiting nurses. - NO HOA! - New roof, 2021 - New crawlspace insulation, 2021 - New HVAC in both units, 2021 - Plenty of off street parking - Just a 5 minute walk to the beach - Close to schools and many attractions including Top Golf and Broadway at the Beach - Zoned "high density" so 2 additional units could exist on this large lot - There is no interior connecting door between the two units Front Unit (approx. 820 sq. ft.): - 2 bedroom, 1 bath - Updated kitchen includes granite countertop, new cabinets, microwave, garbage disposal, vinyl flooring - Washer/dryer - Ceiling fans - Quaint front porch - Hardwood floors Large Back Unit (approx. 1010 sq. ft.): - New bathroom including custom vanity w granite top, vinyl flooring, new fixtures - New dishwasher - Gas fireplace - New vinyl flooring in living room & bedroom - Ceiling fans - Laundry and storage

Last Agent to Sell the Property

Steven Koleno

Beycome Brokerage Realty LLC License #471019159 Listed on: 02/28/2023

Last Buyer's Agent

AGENT .NON-MLS

ICE Mortgage Technology INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,785

Year Built

  • Built in 1970

Lot Details

  • 0.26

Home Design

  • 1,844 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Block Exterior
  • Stucco

Schools

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

Utilities

  • Central Air
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,785

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1970
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/28/2023
  • Sold Total Heated Sq Ft: 1844
  • Sold Total Sq Ft: 1844
  • Total Heated Sq Ft: 1844
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Total Sq Ft: 1844

Exterior Features

  • Exterior Finish: Block, Stucco
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Natural Gas, Sewer
  • Heating Cooling: Central Air, Electric, Gas

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 Highway 17 Bypass
  • Zoning: res

Multi Family

  • Number Of Units: 2

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
Apr 19, 2024
Sold by
Karabay Sardar M
Bought by
Lbk Holdings Llc
Current Estimated Value
$503,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$239,105
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$264,170

Purchase Details

Listed on
Feb 28, 2023
Closed on
May 5, 2023
Sold by
Ellis Julie M
Bought by
Karabay Sardar M
Seller's Agent
Steven Koleno
Beycome Brokerage Realty LLC
Buyer's Agent
AGENT .NON-MLS
ICE Mortgage Technology INC
List Price
$432,000
Sold Price
$400,000
Premium/Discount to List
-$32,000
-7.41%
Views
268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 25, 2021
Sold by
Tallulah Llc
Bought by
Ellis Julie M
Seller's Agent
Sharon Carroll
RE/MAX Southern Shores
Buyer's Agent
Renee' Stepp
Every Stepp Realty LLC
List Price
$289,900
Sold Price
$283,500
Premium/Discount to List
-$6,400
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.72%
Original Mortgage
$226,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2017
Sold by
Ban Csilla
Bought by
Tallulah Llc

Purchase Details

Closed on
Jun 13, 2006
Sold by
White Lee C and Baker Herbert Bruce
Bought by
Ban Csilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2005
Sold by
Freeze Henry C
Bought by
White Lee C and Baker Herbert Bruce
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Lbk Holdings Llc $425,000 --
Karabay Sardar M $400,000 --
Ellis Julie M $283,500 --
Tallulah Llc $200,000 --
Ban Csilla $277,000 None Available
White Lee C $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lbk Holdings Llc $318,750
Previous Owner Ellis Julie M $226,800
Previous Owner Ban Csilla $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $400,000 -7.4% $217 / Sq Ft
02/28/2023 02/28/23 For Sale $432,000 +52.4% $234 / Sq Ft
03/25/2021 03/25/21 Sold $283,500 -2.2% $154 / Sq Ft
02/03/2021 02/03/21 For Sale $289,900 -- $157 / 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 $5,785 $22,720 $12,000 $10,720
2023 $5,785 $7,976 $3,600 $4,376
2021 $1,164 $15,087 $3,600 $11,487
2020 $3,082 $11,964 $5,400 $6,564
2019 $3,082 $11,964 $5,400 $6,564
2018 $3,189 $11,992 $5,752 $6,240
2017 $0 $6,872 $2,876 $3,996
2016 -- $6,872 $2,876 $3,996
2015 $347 $6,872 $2,876 $3,996
2014 $312 $6,872 $2,876 $3,996
Source: Public Records

Agents Affiliated with this Home

  • Steven Koleno

    Seller's Agent in 2023

    Steven Koleno

    Beycome Brokerage Realty LLC

    (312) 300-6768

    1 in this area

    11,589 Total Sales

    Steven Koleno
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT .NON-MLS

    ICE Mortgage Technology INC

  • Sharon Carroll

    Seller's Agent in 2021

    Sharon Carroll

    RE/MAX

    (843) 957-1156

    2 in this area

    40 Total Sales

    Sharon Carroll
    Section Image
  • Renee' Stepp

    Buyer's Agent in 2021

    Renee' Stepp

    Every Stepp Realty LLC

    (843) 286-7362

    1 in this area

    18 Total Sales

    Renee' Stepp
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2303799

Coastal Carolinas Association of REALTORS®

APN: 42406030083

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

515 31st Ave N, Myrtle Beach, SC

This home is located at 515 31st Ave N, Myrtle Beach, SC 29577 since 28 February 2023 and is currently estimated at $503,275, approximately $272 per square foot. This property was built in 1970. 515 31st Ave N is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary 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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