NOT LISTED FOR SALE

5161 Highway 17 Business Unit Waterfront w/private Murrells Inlet, SC 29576

Estimated Value: $585,000 - $1,001,347

3 Beds
2 Baths
1,701 Sq Ft
$504/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $970,000 $570 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,943/month

7 Days on Market

Highlights

  • Boat Dock
  • RV or Boat Parking
  • Living Room with Fireplace
  • Waccamaw Elementary School Rated A-
  • Property fronts a channel
  • Creek On Lot

About This Home

As of October 2022

Enjoy the million dollar view of Murrells Inlet creeks from the screen porch and back yard of this Creek Front Cottage! Located on the South End of "the Inlet", this home has it's very own boat dock with a stationary pier and floating dock. This .62 acre lot with 72 feet of frontage has two cute cottages on the property, one being the main house and the other being the guest quarters. The main house was constructed in the 1930's in the North Carolina mountains and moved to this location in the 1940's. It has stood strong since that time, as well as gone through multiple renovation projects including a major addition in the 1960's. In 2015, it was fully renovated with new paint, appliances, bathrooms, lighting fixtures and a new roof while keeping the charm and character of the original structure. Many other items in this home have been replaced as well while not jeopardizing the history of the home. The main house hosts three large bedrooms and two bathrooms, while the guest cottage studio includes a bedroom, bathroom and kitchenette. The character and charm of this home hits you as soon as you enter. Located directly between Huntington Beach State Park and the Murrells Inlet Marsh walk, centrally located is an understatement. Bike path is directly in front of the home, jump right on and head to Litchfield. Enjoy flounder fishing, crabbing, boating, or anything under the sun right off your dock. No HOA. Short term rental and long term rental allowed. Available to be sold fully furnished and equipped. The gorgeous fireplace, the views of the inlet, and the mature landscaping make this piece of history a sight to see. Call the listing agent, or your realtor, to come and take a look!

Last Agent to Sell the Property

Louise Goodman

Hawkeye Realty Inc License #103475 Listed on: 08/31/2022

Co-Listed By

Rick Gibbins

Hawkeye Realty Inc License #60546

Last Buyer's Agent

Liz Floyd

EXP Realty LLC License #87939

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,787

Year Built

  • Built in 1966

Lot Details

  • 0.62 Acre Lot
  • Property fronts a channel
  • Property fronts a marsh
  • Fenced
  • Rectangular Lot

Parking

  • Driveway
  • RV or Boat Parking

Home Design

  • Low Country Architecture
  • Wood Frame Construction
  • Masonry Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,701 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Workshop
  • Screened Porch
  • Luxury Vinyl Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Floating Dock
  • Creek On Lot

Location

  • Flood Zone Lot
  • Outside City Limits

Schools

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

Utilities

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

Community Details

Overview

  • The community has rules related to fencing, allowable golf cart usage in the community

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,787

Year Built

Built in 1966

Lot Details

0

Parking

10

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Four Sided Lot Measurement: 72 x 378 x 70 x 389
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1966
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Beam, Ceiling Fan, Fireplace
  • Lvt Date: 08/31/2022
  • Sold Total Heated Sq Ft: 1701
  • Sold Total Sq Ft: 2101
  • Style: Low Country
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 10
  • Total Heated Sq Ft: 1701
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Lead Based Paint Disclose
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility, Mother In Law Suite, Screened Porch, Workshop
  • Primary Bathroom: Tub/Shower Combo, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Pantry, Refrigerator, Range Hood, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cath. Ceiling, Ceiling Fan
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Total Sq Ft: 2101

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Fencing, Boat Parking, Outside Storage Detached, Boat Dock
  • Exterior Finish: Masonry Accent, Wood Frame
  • Foundation: Crawl
  • Number Of Acres: 0.62

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: On Channel, On Inlet/Creek, Outside City Limits, Floating Dock, Marsh/Wetlans View
  • Zoning: Res

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
Jan 16, 2024
Sold by
Mitchell Jimmy S and Mitchell Patti P
Bought by
Jimmy And Patti Mitchell Living Trust and Mitchell
Current Estimated Value
$857,087

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 1, 2022
Sold by
Jacobs Shannon M
Bought by
Mitchell Jimmy S and Mitchell Patti P
Seller's Agent
Louise Goodman
Hawkeye Realty Inc
Buyer's Agent
Liz Floyd
EXP Realty LLC
List Price
$949,999
Sold Price
$970,000
Premium/Discount to List
$20,001
2.11%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.05%

Purchase Details

Closed on
Jul 12, 2018
Sold by
Evans Suzanne M and Orr Melonie
Bought by
Jacobs Shannon M and Jacobs Melissa R

Purchase Details

Closed on
Jan 17, 2014
Sold by
Barrow Susan June and Hamby Beverly Makepeace Barrow
Bought by
Evans Suzanne M and Orr Melonie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 24, 2009
Sold by
Barrow June M
Bought by
Barrow Susan June and Hamby Beverly Makepeace Barrow
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
Jimmy And Patti Mitchell Living Trust -- None Listed On Document
Mitchell Jimmy S $970,000 --
Jacobs Shannon M $610,000 None Available
Evans Suzanne M $560,000 --
Barrow Susan June -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Suzanne M $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $970,000 +2.1% $570 / Sq Ft
08/31/2022 08/31/22 For Sale $949,999 -- $558 / 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 $4,787 $35,970 $26,000 $9,970
2023 $4,787 $52,380 $39,000 $13,380
2022 $8,184 $35,670 $30,000 $5,670
2021 $7,975 $0 $0 $0
2020 $7,964 $0 $0 $0
2019 $7,248 $0 $0 $0
2018 $6,420 $0 $0 $0
2017 $5,859 $0 $0 $0
2016 $5,828 $28,196 $0 $0
2015 $1,364 $0 $0 $0
2014 $1,364 $372,100 $322,500 $49,600
2012 -- $372,100 $322,500 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2219779

Coastal Carolinas Association of REALTORS®

APN: 41-0125-108-00-00