NOT LISTED FOR SALE

603 5th Ave N Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $465,000 - $493,000

10 Beds
5 Baths
2,632 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $459,000 $174 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,929/month

1 Day on Market

About This Home

As of March 2023

This is a unique investment in the heart of Myrtle Beach! Two separate buildings each with two units available to rent (a total of 4 units). The front building left side unit is a 2 bedroom - 1 bath and the right side unit is a 3 bedroom - 1 bath. The rear building upstairs unit is a 2 bedroom - 1 bath and the downstairs unit is a 3 bedroom - 2 bath.

Last Agent to Sell the Property

Travis McClure

Century 21 Palms Realty License #103770 Listed on: 01/10/2023

Century 21 Palms Realty

Last Buyer's Agent

Bob Schreiber

The Hoffman Group License #25688

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,765

Year Built

  • Built in 1950

Lot Details

  • 9,148

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,632 Sq Ft Home
  • Crawl Space

Schools

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

Additional Features

  • Rectangular Lot
  • East of US 17
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,765

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 9148
  • Amenities Available: Long Term Rental Allowed
  • Estimated Year Built: 1950
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 01/10/2023
  • Sold Total Heated Sq Ft: 2632
  • Sold Total Sq Ft: 2632
  • Total Heated Sq Ft: 2632
  • Number2 Br Units: 2
  • Number3 Br Units: 2
  • Utilities Owner Pays: Trash, Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Total Sq Ft: 2632

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl

Garage/Parking

  • Type: Quad

Utilities

  • Heating Cooling: Window/Wall Unit

Schools

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

Lot Info

  • Lot Location: Inside City Limits, East Of Highway 17 Bypass
  • Zoning: MF

Multi Family

  • Number Of Units: 4

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
Jan 10, 2023
Closed on
Mar 1, 2023
Sold by
Lefebvre Joseph M
Bought by
Arango Dennis
Seller's Agent
Travis McClure
Century 21 Palms Realty
Buyer's Agent
Bob Schreiber
The Hoffman Group
List Price
$459,000
Sold Price
$459,000
Total Days on Market
1
Views
117
Current Estimated Value
$477,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,088
Avg. Annual Appreciation
1.72%
Original Mortgage
$321,300
Outstanding Balance
$312,942
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$164,146

Purchase Details

Listed on
Jun 1, 2016
Closed on
May 8, 2017
Sold by
Ritter Michael O
Bought by
Lefebvre Joseph M and Lefebvre Jaclyn P
Seller's Agent
Gregory Sisson
The Ocean Forest Company
Buyer's Agent
Roberta Vellucci
Realty ONE Group DocksideNorth
List Price
$235,000
Sold Price
$211,500
Premium/Discount to List
-$23,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$158,625
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2007
Sold by
Anderson Betty J and Betty J Anderson Living Trust
Bought by
Ritter Michael O and Atkinson Sid E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2004
Sold by
Anderson Betty J
Bought by
Ritter Michael O and Atkinson Sid E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.55%
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
Arango Dennis $459,000 --
Lefebvre Joseph M $211,500 --
Ritter Michael O -- None Available
Ritter Michael O $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arango Dennis $321,300
Previous Owner Lefebvre Joseph M $158,625
Previous Owner Ritter Michael O $85,000
Previous Owner Ritter Michael O $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $459,000 0.0% $174 / Sq Ft
01/10/2023 01/10/23 For Sale $459,000 +117.0% $174 / Sq Ft
05/08/2017 05/08/17 Sold $211,500 -10.0% $353 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
06/01/2016 06/01/16 For Sale $235,000 -- $392 / 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 $4,765 $11,954 $2,462 $9,492
2023 $4,765 $11,954 $2,462 $9,492
2021 $3,348 $11,954 $2,462 $9,492
2020 $3,080 $11,954 $2,462 $9,492
2019 $3,080 $11,954 $2,462 $9,492
2018 $3,088 $11,606 $2,462 $9,144
2017 $1,809 $6,878 $2,462 $4,416
2016 -- $6,878 $2,462 $4,416
2015 $1,789 $6,879 $2,463 $4,416
2014 $1,739 $6,879 $2,463 $4,416
Source: Public Records

Agents Affiliated with this Home

  • Travis McClure

    Seller's Agent in 2023

    Travis McClure

    Century 21 Palms Realty

    (843) 321-9725

    1 in this area

    40 Total Sales

    Travis McClure
    Section Image
  • Bob Schreiber

    Buyer's Agent in 2023

    Bob Schreiber

    The Hoffman Group

    (843) 450-1309

    12 in this area

    114 Total Sales

    Bob Schreiber
    Section Image
  • Gregory Sisson

    Seller's Agent in 2017

    Gregory Sisson

    The Ocean Forest Company

    (843) 420-1303

    76 in this area

    1,695 Total Sales

    Gregory Sisson
    Section Image
  • Roberta Vellucci

    Buyer's Agent in 2017

    Roberta Vellucci

    Realty ONE Group DocksideNorth

    (608) 335-9231

    16 Total Sales

    Roberta Vellucci
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2300585

Coastal Carolinas Association of REALTORS®

APN: 44304030028

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

603 5th Ave N, Myrtle Beach, SC

This home is located at 603 5th Ave N, Myrtle Beach, SC 29577 since 10 January 2023 and is currently estimated at $477,088, approximately $181 per square foot. This property was built in 1950. 603 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.

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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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