NOT LISTED FOR SALE

Estimated Value: $435,000 - $566,000

4 Beds
4 Baths
2,015 Sq Ft
$235/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2024

Last sale price $480,000 $238 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,229 / mo

12 Days on Market

About This Home

As of April 2024

This is a super rare opportunity to own a 4-plex multifamily dwelling located just 5 minutes to the beach and some of the best restaurants in Myrtle Beach. All 4 units are currently rented with long term renters in place. 3 of the units have been totally renovated with tile flooring, updated bathrooms, appliances, etc. The remaining unit has older-features with tenants in place that have lived there more than 10 years. Each unit also has its own approx 5x5 storage room on the backside of the building. Bringing in incredible rental income each month. Water is included in their rent- seller pays 1 water bill for all 4 units, and City of MB utility company includes weekly trash pick up (4 trash cans). Yearlong leases for each tenant, with a 60-day kick out clause if new owners want to give any of the tenants notice after closing. Large lot with plenty of parking and guest parking, located just a few blocks to the beach! Parking lot has been resealed recently, & roof replaced 2018 by prior owners. This is an incredible investment opportunity to bring in immediate income upon closing, right in the heart of Myrtle Beach. Close to schools, grocery, dining, shopping and entertainment, and just 5 minutes to the ocean.

Last Agent to Sell the Property

The Mills Group

Century 21 Barefoot Realty Listed on: 03/01/2024

Century 21 Barefoot Realty

Last Buyer's Agent

The Davis Team

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.26

Parking

  • 1 to 5 Parking Spaces

Home Design

  • 2,015 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Masonry Siding

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Long Term Rental Allowed

Community Details

Overview

  • 4 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0.26 Acres

Listing Details

  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1976
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 03/01/2024
  • Total Heated Sq Ft: 2015
  • One Bedroom Rent Range: 950-1000
  • Misc Structural: Sep. Electric Meter, Indiv. Heat & Air
  • Number1 Br Units: 4
  • Utilities Owner Pays: Water/Sewer, Trash
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Total Sq Ft: 2015

Exterior Features

  • Exterior Finish: Brick Veneer, Masonry Accent
  • Foundation: Slab

Garage/Parking

  • Type: Quad
  • Parking: 2 Car Unit

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Window/Wall Unit, Electric

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: Res

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 5, 2024
Sold by
Bought by
Seller's Agent
The Mills Group
Century 21 Barefoot Realty
Buyer's Agent
The Davis Team
EXP Realty LLC
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Views
59
Current Estimated Value
$474,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,537
Avg. Annual Appreciation
-0.50%

Purchase Details

Closed on
Sep 30, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2014
Closed on
Apr 7, 2015
Sold by
Bought by
Seller's Agent
Mo Paul Amanlou
Salt Realty
Buyer's Agent
Greg Skipper
DR Horton
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$173,655
Interest Rate
0.0395%
Mortgage Type
VA

Purchase Details

Closed on
Feb 3, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 --
-- --
$224,500 --
$170,000 --
-- --
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $125,000
Previous Owner $173,655
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $480,000 -3.0% $238 / Sq Ft
03/01/2024 03/01/24 For Sale $495,000 +191.2% $246 / Sq Ft
04/09/2015 04/09/15 Sold $170,000 -12.8% $85 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
06/08/2014 06/08/14 For Sale $195,000 -- $98 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,493 $0 $0 $0
2024 $7,493 $20,447 $6,723 $13,724
2023 $4,008 $13,198 $2,572 $10,626
2021 $3,699 $13,198 $2,572 $10,626
2020 $2,093 $10,132 $2,572 $7,560
2019 $2,088 $6,755 $1,715 $5,040
2018 $0 $6,523 $1,715 $4,808
2017 $2,055 $6,523 $1,715 $4,808
2016 -- $6,523 $1,715 $4,808
2015 $2,285 $9,005 $2,573 $6,432
2014 $2,222 $9,005 $2,573 $6,432
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2405280

Coastal Carolinas Association of REALTORS®

APN: 44305010036

Your Personal Tour Guide

Ask me questions while you tour the home.