NOT LISTED FOR SALE

602 5th Ave N Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $255,643 - $464,000

3 Beds
2 Baths
1,000 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $200,000 $200 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,766/month

36 Days on Market

Highlights

  • Ranch Style House
  • Stainless Steel Appliances
  • Central Heating and Cooling System
  • Solid Surface Countertops
  • Kitchen Island
  • Rectangular Lot

About This Home

As of December 2020

Just Reduced. Unique investment in the "Opportunity Zone" in the heart of Myrtle Beach and only 3 blocks from the beach. This 3 bedroom, 2 bath home is located conveniently to the downtown area and beach. Completely renovated with new kitchen, new bath, wood floors, new paint and exterior. New HVAC in 2020. Wonderful long term tax benefits while having rental income. Possible opportunity to put 2 additional dwellings on the lot. Square footage is approximate and not guaranteed. Buyer is responsible for verification. Buyer has a right to an inspection but Property is being "Sold As Is".

Last Agent to Sell the Property

Nancy Skelley

RE/MAX Southern Shores License #26671 Listed on: 09/25/2020

Last Buyer's Agent

Carolina Key Group

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Concrete Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Crawl Space

Kitchen

  • Range
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 1950

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 60X210X60X210
  • Estimated Year Built: 1950
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air
  • Lvt Date: 09/25/2020
  • Sold Total Heated Sq Ft: 1000
  • Sold Total Sq Ft: 1000
  • Style: Ranch
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 1000
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Bedroom 1: 10X16
  • Kitchen: 14X8
  • Living Room: 12X18
  • Master Bedroom: 12X10
  • Kitchen Type: Range, Work Island, Refrigerator, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1000

Exterior Features

  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Crawl
  • Number Of Acres: 0.24

Garage/Parking

  • Type: Detached

Schools

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

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2012
Sold by
Federal National Mortgage Association
Bought by
Ritter Michael
Current Estimated Value
$322,911

Purchase Details

Closed on
Jan 4, 2012
Sold by
Master In Equity Horry County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 23, 2007
Sold by
Legacy Of South Carolina Llc
Bought by
Walker James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1998
Sold by
Silbereisen Wayne Robert
Bought by
Legacy Of South Carolina Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,200
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ritter Michael $72,000 --
Federal National Mortgage Association $72,000 --
Walker James E $162,500 Attorney
Legacy Of South Carolina Llc $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slack Steven $160,000
Previous Owner Walker James E $146,250
Previous Owner Legacy Of South Carolina Llc $52,700
Previous Owner Legacy Of South Carolina Llc $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $200,000 -8.7% $200 / Sq Ft
10/19/2020 10/19/20 Price Changed $219,000 -5.6% $219 / Sq Ft
09/25/2020 09/25/20 For Sale $232,000 -- $232 / 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 $726 $8,139 $4,464 $3,675
2023 $726 $7,958 $1,706 $6,252
2021 $733 $7,958 $1,706 $6,252
2020 $972 $5,902 $2,560 $3,342
2019 $972 $5,902 $2,560 $3,342
2018 $872 $3,280 $2,560 $720
2017 $863 $3,280 $2,560 $720
2016 -- $3,280 $2,560 $720
2015 $853 $3,280 $2,560 $720
2014 $829 $3,280 $2,560 $720
Source: Public Records

Agents Affiliated with this Home

  • Nancy Skelley

    Seller's Agent in 2020

    Nancy Skelley

    RE/MAX

    (843) 455-3420

    3 in this area

    95 Total Sales

    Nancy Skelley
    Section Image
  • Carolina Key Group

    Buyer's Agent in 2020

    Carolina Key Group

    EXP Realty LLC

    (843) 213-8688

    4 in this area

    335 Total Sales

    Carolina Key Group
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2020433

Coastal Carolinas Association of REALTORS®

APN: 44304030033

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

602 5th Ave N, Myrtle Beach, SC

This home is located at 602 5th Ave N, Myrtle Beach, SC 29577 since 25 September 2020 and is currently estimated at $322,911, approximately $322 per square foot. This property was built in 1950. 602 5th Ave N 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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