NOT LISTED FOR SALE

518 7th Ave S Unit A & B Surfside Beach, SC 29575

Estimated Value: $356,000 - $438,000

6 Beds
2 Baths
1,520 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $197,000 $130 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,378/month

3 Days on Market

Highlights

  • Central Heating and Cooling System
  • Seaside Elementary Rated A-
  • Rectangular Lot

About This Home

As of January 2019

Great duplex located approximately 4 blocks from the sandy shores of the Atlantic ocean. Owner rents out 1 side and uses the other side for their personal use. Solid block construction with beautiful Oak trees on the lot. Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Christopher Hanna

CB Sea Coast Advantage CF License #12631 Listed on: 12/03/2018

Last Buyer's Agent

Joseph Nickles

Realty ONE Group Dockside License #93396

Realty ONE Group Dockside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,016

Year Built

  • Built in 1964

Lot Details

  • 7,405

Home Design

  • 1,520 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Block Exterior

Schools

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

Additional Features

  • Rectangular Lot
  • East of US 17
  • Central Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,016

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 60x120x60x120
  • Amenities Available: Long Term Rental Allowed
  • Estimated Year Built: 1964
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 12/04/2018
  • Sold Total Heated Sq Ft: 1520
  • Sold Total Sq Ft: 1670
  • Total Heated Sq Ft: 1520
  • Three Bedroom Rent Range: $800
  • Estimated Gross Scheduled Rent: $19,200
  • Misc Structural: Indiv. Heat & Air, Individual Water Heater, Sep. Electric Meter
  • Number3 Br Units: 2
  • Utilities Owner Pays: Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Total Sq Ft: 1670

Exterior Features

  • Exterior Finish: Block
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Heating Cooling: Central Air, Central Heat, Electric

Schools

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

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits
  • Zoning: Res 2 Fam

Multi Family

  • Number Of Units: 2

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

Listed on
Dec 3, 2018
Closed on
Jan 23, 2019
Sold by
Walker Ian T
Bought by
Nickles Joseph D and Nickles Kasie M
Seller's Agent
Christopher Hanna
CB Sea Coast Advantage CF
Buyer's Agent
Joseph Nickles
Realty ONE Group Dockside
List Price
$199,500
Sold Price
$197,000
Premium/Discount to List
-$2,500
-1.25%
Current Estimated Value
$399,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,514
Avg. Annual Appreciation
11.16%
Original Mortgage
$197,000
Outstanding Balance
$172,850
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$226,664

Purchase Details

Closed on
Oct 27, 2006
Sold by
Barfield Byrd Gary Lanier and Barfield Byrd Mary
Bought by
Walker Ian T and Walker Leslie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nickles Joseph D $197,000 --
Walker Ian T $209,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nickles Joseph D $197,000
Previous Owner Walker Ian T $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2019 01/23/19 Sold $197,000 -1.3% $130 / Sq Ft
12/03/2018 12/03/18 For Sale $199,500 -- $131 / 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 $3,016 $12,098 $10,000 $2,098
2023 $3,016 $9,986 $6,696 $3,290
2021 $1,832 $7,989 $5,357 $2,632
2020 $1,807 $7,989 $5,357 $2,632
2019 $1,433 $8,725 $5,357 $3,368
2018 $0 $8,180 $4,160 $4,020
2017 $1,895 $8,180 $4,160 $4,020
2016 -- $8,180 $4,160 $4,020
2015 $1,895 $8,181 $4,161 $4,020
2014 $1,836 $8,181 $4,161 $4,020
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1824208

Coastal Carolinas Association of REALTORS®

APN: 46108030119