NOT LISTED FOR SALE

516 7th Ave S Unit Ocean Terrace Surfside Beach, SC 29575

Estimated Value: $584,000 - $686,000

4 Beds
3.5 Baths
2,050 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $297,000 $145 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,566/month

70 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Seaside Elementary Rated A-
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Workshop

About This Home

As of November 2016

Walking distance to the ocean and only a couple blocks to Floral Lake! This beautiful home is nestled under the Shade trees and in the residential section of Surfside Beach. Enjoy being close to everything, yet with your very own slice of paradise. Raised Beach homes allow for so much storage underneath you'll be able to have bikes, canoes, hammocks and everything else needed to enjoy life in Surfside! The main room of this home offers the warmth of wood flooring and the grandeur of vaulted ceilings. To add to the warmth you'll find a centerpiece fireplace for ambiance too. The large, open Kitchen layout is flooded with light and offers plenty of space to enjoy with friends! The adjoining Dining area is covered in tile, like the Kitchen and gives you just enough separation from the Great Room. This home offers three levels of living space and is perfect for multi-generational living, or you can just use the ground floor area as a playroom and get the noise away from the conversations. Speaking of conversations, decks abound, so you can enjoy people watching from the front of birds singing from the back. The bedrooms are all sized to handle any bed and even offers flexibility in how you set up each room. The features and condition of this home make for a great value, but the location is the defining factor that will make you want to own it. Centered between Hwy 17 and the Ocean, you're shielded from the traffic, yet close enough to get around by walking/biking. Take a stroll over the bridge to the ballpark, or enjoy the laidback streets for evening walks or morning jogs! There aren't many opportunities to own a home like this and even fewer to find one in this pricing range. Don't hesitate to book a visit to see this home and find out just how easy owning in paradise can be. Call the Listing Agent directly for the most current information.

Last Agent to Sell the Property

Ben Guyton

GRANDE DUNES PROPERTIES License #12255 Listed on: 07/13/2016

Last Buyer's Agent

Nathan Schmidt

Keller Williams Innovate South License #85388

Keller Williams Innovate South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1991

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Property is zoned R1

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,050 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Workshop
  • Carpet

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck
  • Patio

Location

  • East of US 17

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 66X128X66X127
  • Estimated Year Built: 1991
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Lvt Date: 07/14/2016
  • Sold Total Heated Sq Ft: 2050
  • Sold Total Sq Ft: 2550
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2050
  • Geo Subdivision: SC
  • Section Subdivision: Ocean Terrace
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1991

Interior Features

  • Interior Amenities: Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility, Mother In Law Suite, Workshop
  • Primary Bathroom: Shower, Tub
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Linen Closet, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 2550

Exterior Features

  • Exterior Features: Patio, Deck, Fencing, Outside Storage Detached, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.19

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public

Schools

  • Elementary School: Seaside Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Lot Location: Inside City Limits, East Of Bus 17
  • Zoning: R1

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Chadwick Gerald A
Bought by
Chadwick Gerald A and Chadwick Amy J
Current Estimated Value
$644,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Outstanding Balance
$333,993
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$310,300

Purchase Details

Listed on
Jul 13, 2016
Closed on
Nov 4, 2016
Sold by
Rast Kristen M
Bought by
Chadwick Gerald A
Seller's Agent
Ben Guyton
GRANDE DUNES PROPERTIES
Buyer's Agent
Nathan Schmidt
Keller Williams Innovate South
List Price
$329,900
Sold Price
$297,000
Premium/Discount to List
-$32,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$282,150
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2006
Sold by
Degraaf Henk F and Degraaf Laura M
Bought by
Rast Kristen M and Rast Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,615
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2000
Sold by
Roach Amy D
Bought by
Roach L James
Source: Public Records

Range of Values:

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Average Value
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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
Chadwick Gerald A -- --
Chadwick Gerald A $297,000 --
Rast Kristen M $377,500 None Available
Roach L James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chadwick Gerald A $359,000
Previous Owner Chadwick Gerald A $282,150
Previous Owner Rast Kristen M $327,615
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2016 11/08/16 Sold $297,000 -10.0% $145 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $329,900 -- $161 / 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 $1,636 $21,339 $10,000 $11,339
2023 $1,636 $12,857 $4,693 $8,164
2021 $1,448 $13,525 $5,357 $8,168
2020 $1,416 $13,525 $5,357 $8,168
2019 $1,416 $13,525 $5,357 $8,168
2018 $0 $11,180 $3,328 $7,852
2017 $1,214 $11,180 $3,328 $7,852
2016 -- $15,938 $4,160 $11,778
2015 $3,693 $15,939 $4,161 $11,778
2014 $3,579 $15,939 $4,161 $11,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1614485

Coastal Carolinas Association of REALTORS®

APN: 46108030118