NOT LISTED FOR SALE

520 6th Ave S Surfside Beach, SC 29575

Estimated Value: $458,000 - $566,775

5 Beds
3 Baths
2,378 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $455,000 $191 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,088/month

44 Days on Market

Highlights

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

About This Home

As of April 2023

Great investment opportunity! Two story Duplex located in desirable Surfside Beach, east of 17 Bus. just 5 blocks to the beach. Unit A is a 3 bed 1.5 bath currently rented, with a great long term tenant in place. Unit B is a 2 bed 1.5 bath. This unit is ready for another tenant, or would be great to use as a primary or 2nd home while still generating income. Both units feature laminate floors throughout, a spacious Carolina room, exterior decks, and separate laundry. Both units also have updated electrical and tankless waters heaters. Unit B kitchen has been recently updated with new cabinetry, granite countertops and stainless steel appliances. Large parking area in front with a 6 vehicle parking capacity. Surfside Beach has been deemed "The Family Beach." Its a great beach community, just 2 sq. miles, conveniently close to dinning, shopping and actives such as put-put and more. The brand new pier is set to open this spring with lots of dinning and restaurants nearby. Dont miss out and call today to see this great income producing property located just a short walk to the beach.

Last Agent to Sell the Property

Joshua Knight

Coastal Tides Realty License #98710 Listed on: 02/03/2023

Last Buyer's Agent

Bret French

INNOVATE Real Estate

INNOVATE Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 6,970

Home Design

  • 2,378 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Siding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 2 Units
  • Ocean Terrace Condos

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 60x106x77x95
  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1971
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/03/2023
  • Total Heated Sq Ft: 2378
  • Two Bedroom Rent Range: 1400
  • Three Bedroom Rent Range: 1600
  • Complex Name: Ocean Terrace
  • Misc Structural: Sep. Electric Meter, Individual Water Heater
  • Number2 Br Units: 1
  • Number3 Br Units: 1
  • Safety Features: Smoke/Heat Detector, Lead Based Paint Disc.
  • Utilities Owner Pays: Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Ocean Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Total Sq Ft: 2418

Exterior Features

  • Exterior Finish: Wood Frame, Brick Veneer, Siding
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Public
  • Heating Cooling: Central Heat, Central Air, Electric

Lot Info

  • Lot Location: East Of Bus. 17
  • Zoning: MF

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
Feb 3, 2023
Closed on
Apr 19, 2023
Sold by
Wright Ernest K
Bought by
Num 5Th Ave Surfside Llc
Seller's Agent
Joshua Knight
Coastal Tides Realty
Buyer's Agent
Bret French
INNOVATE Real Estate
List Price
$469,000
Sold Price
$455,000
Premium/Discount to List
-$14,000
-2.99%
Views
431
Current Estimated Value
$498,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,944
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 27, 2020
Sold by
Bourque Christopher D
Bought by
Wright Ernest K and Wilson Monique E
Seller's Agent
Myrtle Beach Homes Team
INNOVATE Real Estate
Buyer's Agent
Matt Harper
Coastal Tides Realty
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%
Original Mortgage
$225,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2019
Sold by
Bourque Investments Llc
Bought by
Bourque Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2017
Closed on
Sep 13, 2017
Sold by
Rental Properties Llc Trust
Bought by
Bourque Investments Llc
Seller's Agent
Jamie D'Anna
Palmetto Coastal Homes
Buyer's Agent
Brie Bender
Live Local
List Price
$214,900
Sold Price
$214,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$171,920
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
King Michael Allen
Bought by
Pt Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Num 5Th Ave Surfside Llc $455,000 --
Wright Ernest K $300,000 --
Bourque Christopher D -- --
Bourque Investments Llc $214,900 --
Pt Rental Properties Llc $285,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Ernest K $225,000
Previous Owner Bourque Christopher D $165,000
Previous Owner Bourque Investments Llc $171,920
Previous Owner Pt Rental Properties Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $455,000 -3.0% $191 / Sq Ft
02/03/2023 02/03/23 For Sale $469,000 +56.3% $197 / Sq Ft
09/03/2020 09/03/20 Sold $300,000 -7.7% $126 / Sq Ft View Prior Sale
07/17/2020 07/17/20 For Sale $325,000 +51.2% $137 / Sq Ft
09/15/2017 09/15/17 Sold $214,900 0.0% $90 / Sq Ft View Prior Sale
08/02/2017 08/02/17 Pending -- -- --
07/09/2017 07/09/17 For Sale $214,900 -- $90 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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 $5,930 $27,434 $15,000 $12,434
2023 $5,930 $17,323 $8,593 $8,730
2021 $3,939 $17,323 $8,593 $8,730
2020 $3,423 $17,323 $8,593 $8,730
2019 $2,264 $11,549 $5,729 $5,820
2018 $0 $13,209 $4,449 $8,760
2017 $3,061 $13,209 $4,449 $8,760
2016 -- $13,209 $4,449 $8,760
2015 $3,061 $13,209 $4,449 $8,760
2014 $2,966 $13,209 $4,449 $8,760
Source: Public Records

Agents Affiliated with this Home

  • Joshua Knight

    Seller's Agent in 2023

    Joshua Knight

    Coastal Tides Realty

    (843) 995-0276

    12 in this area

    77 Total Sales

    Joshua Knight
    Section Image
  • Bret French

    Buyer's Agent in 2023

    Bret French

    INNOVATE Real Estate

    (843) 457-2738

    15 in this area

    510 Total Sales

    Bret French
    Section Image

  • M

    Seller's Agent in 2020

    Myrtle Beach Homes Team

    INNOVATE Real Estate

  • Brie Bender

    Seller Co-Listing Agent in 2020

    Brie Bender

    Live Local

    (843) 231-0402

    1 in this area

    44 Total Sales

    Brie Bender
    Section Image
  • Matt Harper

    Buyer's Agent in 2020

    Matt Harper

    Coastal Tides Realty

    (843) 267-7556

    12 in this area

    317 Total Sales

    Matt Harper
    Section Image
  • Jamie D'Anna

    Seller's Agent in 2017

    Jamie D'Anna

    Palmetto Coastal Homes

    (843) 685-5008

    2 in this area

    104 Total Sales

    Jamie D'Anna
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2302168

Coastal Carolinas Association of REALTORS®

APN: 46108020128

South Carolina Horry County Surfside Beach 29575

520 6th Ave S, Surfside Beach, SC

Not Listed for Sale

MultiFamily

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