NOT LISTED FOR SALE

560 Hammock Ave Murrells Inlet, SC 29576

Estimated Value: $590,558 - $712,000

5 Beds
3.5 Baths
2,365 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $597,000 $252 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,565/month

95 Days on Market

Highlights

  • Media Room
  • Recreation Room
  • Main Floor Bedroom
  • Waccamaw Elementary School Rated A-
  • Creek On Lot
  • Furnished

About This Home

As of November 2024

**Charming Coastal Retreat in Murrells Inlet!** GREAT Short term rental numbers. Welcome to your dream home, perfectly situated within walking distance to the vibrant Marsh Walk! This stunning property offers the ideal blend of comfort, convenience, and coastal charm. **Main Features:** - **Mother-In-Law Suite:** The downstairs suite is a gem, featuring a full kitchen, bathroom, living room, and bedroom. Perfect for guests, extended family, or potential rental income. - **Short Term Rentals:** With no HOA restrictions, this property is a fantastic investment opportunity for short-term rentals. - **Private Backyard:** Enjoy your own fenced-in private backyard, a serene oasis for relaxation or entertaining. -**Prime Location:** Just a short stroll to the Marsh Walk, where you can indulge in waterfront dining, live music, and breathtaking views. This home is a rare find in Murrells Inlet, offering flexibility, privacy, and proximity to all the local attractions. Don’t miss out on this unique opportunity! Contact us today to schedule a viewing and make this coastal retreat your own!

Last Agent to Sell the Property

Jessica Ross

EXP Realty, LLC License #94540 Listed on: 06/25/2024

EXP Realty, LLC

Last Buyer's Agent

Jeff DeKleva

RE/MAX Southern Shores GC License #58950

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.32 Acre Lot
  • Rectangular Lot
  • Property is zoned GR

Parking

  • Carport

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction

Interior Spaces

  • 2,365 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Media Room
  • Recreation Room
  • Bonus Room
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Creek On Lot
  • Patio
  • Front Porch

Location

  • East of US 17

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

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

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

8

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 227x64x228x61
  • Amenities Available: Seller Disclosure, 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: 1999
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Fireplace, Ceiling Fan
  • Lvt Date: 06/25/2024
  • Style: Raised Beach
  • Type Of Parking: Carport
  • Total Heated Sq Ft: 2365
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 546
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Fireplace
  • Other Rooms: Recreation Room, 1st Floor Bedrooms, 1st Floor Baths, Bonus Room, Media Room
  • Primary Bathroom: Double Sink, Tub/Shower Combo
  • Kitchen Type: Range, Dishwasher, Refrigerator, Microwave, Breakfast Bar
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 5
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Levels: One And One Half
  • Total Sq Ft: 3864

Exterior Features

  • Exterior Features: Patio, Front Porch
  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.32

Garage/Parking

  • Type: Detached

Utilities

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

Lot Info

  • Lot Location: On Inlet/Creek, East Of Bus 17
  • Zoning: GR

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

Listed on
Jun 25, 2024
Closed on
Oct 31, 2024
Sold by
Best Gabrielle L and Earhart Gabrielle Best
Bought by
Mccarthy John P and Moore Shanon K
Seller's Agent
Jessica Ross
EXP Realty, LLC
Buyer's Agent
Jeff DeKleva
RE/MAX Southern Shores GC
List Price
$699,000
Sold Price
$597,000
Premium/Discount to List
-$102,000
-14.59%
Views
140
Current Estimated Value
$635,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,640
Avg. Annual Appreciation
5.32%
Original Mortgage
$142,000
Outstanding Balance
$140,578
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$495,062

Purchase Details

Closed on
Oct 23, 2018
Sold by
Parks Ken and Parks Laura Lynn
Bought by
Best Gabrielle L and Earhart John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,987
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2011
Sold by
Parks Ken
Bought by
Parks Laura Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mccarthy John P $597,000 None Listed On Document
Best Gabrielle L $300,000 None Available
Parks Laura Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy John P $142,000
Previous Owner Best Gabrielle L $289,987
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $597,000 -6.0% $252 / Sq Ft
08/29/2024 08/29/24 Price Changed $635,000 -5.9% $268 / Sq Ft
08/12/2024 08/12/24 Price Changed $675,000 -3.4% $285 / Sq Ft
06/25/2024 06/25/24 For Sale $699,000 -- $296 / 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 $2,903 $10,740 $2,200 $8,540
2023 $1,579 $10,740 $2,200 $8,540
2022 $1,327 $10,740 $2,200 $8,540
2021 $1,286 $10,740 $2,200 $8,540
2020 $1,283 $10,740 $2,200 $8,540
2019 $1,279 $10,776 $2,800 $7,976
2018 $1,246 $101,880 $0 $0
2017 $1,068 $101,880 $0 $0
2016 $1,056 $10,188 $0 $0
2015 $1,062 $0 $0 $0
2014 $1,062 $254,100 $70,000 $184,100
2012 -- $254,100 $70,000 $184,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2415072

Coastal Carolinas Association of REALTORS®

APN: 41-0109-030-20-07