NOT LISTED FOR SALE

5603 Springs Ave Unit 5603 Springs Ave Myrtle Beach, SC 29577

Grande Dunes Neighborhood

Estimated Value: $510,000 - $939,000

3 Beds
2.5 Baths
2,400 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $258,000 $108 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,925/month

217 Days on Market

Highlights

  • Soaking Tub in Primary Bathroom
  • Furnished
  • Formal Dining Room
  • Traditional Architecture
  • Den
  • Fireplace

About This Home

As of July 2016

BIG Price reduction!! 5603 Springs Ave is located east of Kings Hwy(business 17), in one of the most historic sections of Myrtle Beach. A very short walk to the beach, this 3 bedroom, 2.5 bath home is situated amongst beautiful live oaks where the historic Ocean Forest Hotel used to exist. Only used as a second home for almost 30yrs, the home offers a living room, kitchen and dining room combination and cozy family room with a real wood burning fireplace. Offered fully furnished, with a golf cart, A detached garage provides a nice space for all your needs. You are steps to the beach, but not in a flood zone, tucked away on this quite Street, yet minutes to some of the best restaurants and activities Myrtle Beach has to offer. An excellent option as a second home or primary residence.

Last Agent to Sell the Property

Piercy Real Estate Team

Ocean Front Guru Real Estate License #951357 Listed on: 11/09/2015

Last Buyer's Agent

Piercy Real Estate Team

Ocean Front Guru Real Estate License #951357 Listed on: 11/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 1987

Lot Details

  • Rectangular Lot
  • Property is zoned MF

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Siding
  • Tile

Interior Spaces

  • 2,400 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

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

Additional Features

  • Patio
  • East of US 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,173

Year Built

Built in 1987

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Owner Allowed Motorcycle
  • Estimated Year Built: 1987
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Vinyl
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Ceiling Fan
  • Sold Total Heated Sq Ft: 2400
  • Sold Total Sq Ft: 2500
  • Style: Traditional
  • Type Of Parking: Detached 1-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2400
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wshr/Dryer Connection, Washer/Dryer, Fireplace
  • Other Rooms: Den/Study/Library, Laundry/Utility
  • Primary Bathroom: Double Sink, Tub
  • Kitchen Type: Dishwasher, Microwave, Refrigerator, Range, Work Island
  • Bedrooms: 3
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 2500

Exterior Features

  • Exterior Features: Patio
  • Exterior Finish: Siding
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

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

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jul 26, 2016
Sold by
Ferguson John H
Bought by
Harker Richard L and Harker Colleen M
Seller's Agent
Piercy Real Estate Team
Ocean Front Guru Real Estate
Buyer's Agent
Piercy Real Estate Team
Ocean Front Guru Real Estate
List Price
$419,900
Sold Price
$258,000
Premium/Discount to List
-$161,900
-38.56%
Current Estimated Value
$661,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,606
Avg. Annual Appreciation
10.32%
Original Mortgage
$206,400
Outstanding Balance
$166,899
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$467,329
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
Harker Richard L $258,000 --
Ferguson John H -- --
Ferguson Lois M Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Lois M Living Trust $206,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $258,000 -38.6% $108 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $419,900 -- $175 / 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 $5,173 $35,066 $24,000 $11,066
2023 $5,173 $17,667 $9,815 $7,852
2021 $4,774 $20,885 $12,107 $8,778
2020 $4,554 $20,885 $12,107 $8,778
2019 $4,554 $20,885 $12,107 $8,778
2018 $0 $15,363 $8,535 $6,828
2017 $4,040 $15,363 $8,535 $6,828
2016 -- $19,017 $10,041 $8,976
2015 $4,945 $19,017 $10,041 $8,976
2014 $4,808 $19,017 $10,041 $8,976
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Piercy Real Estate Team

    Ocean Front Guru Real Estate

See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1521964

Coastal Carolinas Association of REALTORS®

APN: 42110030058

South Carolina Horry County Myrtle Beach 29577 Grande Dunes

5603 Springs Ave Unit 5603 Springs Ave, Myrtle Beach, SC

This home is located at 5603 Springs Ave Unit 5603 Springs Ave, Myrtle Beach, SC 29577 since 09 November 2015 and is currently estimated at $661,606, approximately $275 per square foot. This property was built in 1987. 5603 Springs Ave Unit 5603 Springs Ave is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

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Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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