NOT LISTED FOR SALE

613 5th Ave S Unit The Palms at 5th Ave North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $618,000 - $897,000

5 Beds
4.5 Baths
3,100 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $450,000 $145 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,196/month

268 Days on Market

Highlights

  • Private Pool
  • Sitting Area In Primary Bedroom
  • Whirlpool Bathtub
  • Ocean Drive Elementary School Rated A
  • Recreation Room
  • Furnished

About This Home

As of June 2018

The Palms at 5th Ave., S., in the Ocean Drive Section, 5 BR, 4 and 1/2 bath, FURNISHED home with stunning Custom Heated, Salt Water Gunite Pool and 8 person Hot Tub Spa with remote control Waterfall and Lighting. Ultra clean and meticulously maintained, and it shows the minute you walk into this large open floor plan with lots of color and natural light. You will love the octagon tray ceiling in the dining room and wait til you see the bedroom upstairs with the octagon "tent" ceiling! TWO generous Master Suites, plus private Guest Suite/Parents Suite on the Ground level with it's own private entrance. This home boasts beautiful Hardwood and Travertine floors, tile and carpet, curved Granite Breakfast Bar, Plantation Shutters throughout, Fenced yard, enclosed Dog Run and so much more. 3 Blocks to the BEACH and 3 Blocks to McLean Park. Close to Downtown, Shopping and Restaurants! Call today.

Last Agent to Sell the Property

Sarah Richardson

CENTURY 21 Thomas Main Street License #48825 Listed on: 08/13/2017

Co-Listed By

Michael Richardson

CENTURY 21 Thomas Main Street License #24355

Last Buyer's Agent

David Williams

Realty ONE Group DocksideNorth License #102936

Realty ONE Group DocksideNorth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 2005

Lot Details

  • Fenced
  • Irregular Lot

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Wood patio
  • Front Porch

Location

  • East of US 17

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,192

Year Built

Built in 2005

Lot Details

0

HOA Fees

$6 per month

Parking

4

Listing Details

  • Lot Description: Irregular
  • Four Sided Lot Measurement: 50 X 102 X 50 X 104
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart
  • Estimated Year Built: 2005
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Air, Central Heat, Electric, Propane
  • Monthly HOA as Calculated: 6
  • HOA Management Company: Bruce Gillespie (843)280-1119
  • Living Room Type: Ceiling Fan
  • Lvt Date: 08/14/2017
  • Sold Total Heated Sq Ft: 3100
  • Sold Total Sq Ft: 3400
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 3100
  • Geo Subdivision: SC
  • Section Subdivision: The Palms at 5th Avenue South - NMB
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Workshop, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility, Mother In Law Suite, Recreation Room, Workshop
  • Primary Bathroom: Double Sink, Shower, Whirlpool Tub
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Linen Closet, Sitting Area, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Area, Tray Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 3400

Exterior Features

  • Exterior Features: Patio, Balcony, Front Porch, Fencing, Pool-Outdoor Private, Spa/Hot Tub, Outside Storage Attached, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: Inside City Limits, East Of Bus 17
  • Zoning: RES

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2017
Closed on
Jun 21, 2018
Sold by
Parks Julian R
Bought by
Smith Thomas J and Westfall Kerry A
Seller's Agent
Sarah Richardson
CENTURY 21 Thomas Main Street
Buyer's Agent
David Williams
Realty ONE Group DocksideNorth
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Total Days on Market
268
Current Estimated Value
$755,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,011
Avg. Annual Appreciation
7.71%
Original Mortgage
$360,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Picture Perfect Homes Llc
Bought by
Parks Julian R and Parks Rebecca F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2004
Sold by
Palms 5Th Avenue Inc
Bought by
Picture Perfect Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,353
Interest Rate
5.67%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 6, 2003
Sold by
Larson Alvar E
Bought by
Palms 5Th Avenue Inc

Purchase Details

Closed on
Jun 7, 2002
Sold by
Carriage Oaks Inc
Bought by
Larson Alvar E
Source: Public Records

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Range of Values:

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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
Smith Thomas J $450,000 --
Parks Julian R $470,237 --
Picture Perfect Homes Llc $292,500 --
Palms 5Th Avenue Inc -- --
Larson Alvar E $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Thomas J $50,000
Open Smith Thomas J $359,550
Closed Smith Thomas J $360,000
Previous Owner Parks Julian R $250,000
Previous Owner Parks Julian R $180,000
Previous Owner Picture Perfect Homes Llc $218,353
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $450,000 -8.1% $145 / Sq Ft
04/12/2018 04/12/18 Price Changed $489,900 -1.0% $158 / Sq Ft
08/13/2017 08/13/17 For Sale $495,000 -- $160 / 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 $2,192 $17,798 $4,818 $12,980
2023 $2,192 $17,798 $4,818 $12,980
2021 $1,926 $17,798 $4,818 $12,980
2020 $1,881 $17,798 $4,818 $12,980
2019 $1,741 $17,798 $4,818 $12,980
2018 $1,739 $17,270 $4,018 $13,252
2017 $0 $25,904 $6,026 $19,878
2016 -- $25,904 $6,026 $19,878
2015 $5,548 $25,905 $6,027 $19,878
2014 $5,370 $25,905 $6,027 $19,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1717505

Coastal Carolinas Association of REALTORS®

APN: 35608010037