NOT LISTED FOR SALE

623 Surfside Dr Surfside Beach, SC 29575

Estimated Value: $566,640 - $1,134,000

8 Beds
6 Baths
4,986 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $280,000 $56 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $4,763/month

128 Days on Market

Highlights

  • Rectangular Lot
  • Seaside Elementary Rated A-
  • 5-minute walk to Fuller Park

About This Home

As of March 2014

A fantastic and unique investment opportunity on Surfside Drive in beautiful Surfside Beach. Just a short walk or golf cart ride from the beach. The project contains 6 units 2BR/1.5 BA in 2 buildings. One of a kind in this area of Surfside Beach. This opportunity will not last long! Fully occupied with excellent rental history, a must see for the savvy investor. Some Owners Financing will may considered. Square footage is approximate & not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Miles Servant

Surfside Realty Co Inc License #75586 Listed on: 09/30/2013

Surfside Realty Co Inc

Last Buyer's Agent

Cheri Juel

Realty ONE Group DocksideNorth License #60907

Realty ONE Group DocksideNorth

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,908

Year Built

  • Built in 1977

Lot Details

  • 0.36

Home Design

  • Slab Foundation
  • Wood Frame Construction

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

  • 6 Units
  • Surfside Townes Condos

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,908

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 120x130
  • Estimated Year Built: 1977
  • Class: Multi-Family
  • Estimated Under Roof Sq Ft: 2493 per
  • HOA Fee Frequency: Does Not Have Hoa
  • Legal Description: LTS 7 & 8 LB 3
  • Sold Total Heated Sq Ft: 4986
  • Sold Total Sq Ft: 4986
  • Two Bedroom Rent Range: 610
  • Complex Name: Surfside Townes
  • Estimated Gross Scheduled Rent: 42,000
  • Estimated Heated Building Sq Ft: 2493 per
  • Misc Structural: Sep. Electric Meter, Individual Water Heater, Indiv. Heat & Air
  • Number2 Br Units: 6
  • Safety Features: Fire Alarm
  • Utilities Owner Pays: Water/Sewer, Trash
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Cable Tv, Electricity, Telephone, Water Public
  • Heating Cooling: Electric

Schools

  • Elementary School: Seaside Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Lot Location: East Of Bus. 17
  • Zoning: R2

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2015
Sold by
Ratoon Holdings Llc
Bought by
Surfside Holdings Llc
Current Estimated Value
$753,160

Purchase Details

Closed on
Apr 2, 2015
Sold by
Pedone Fabio J and Pedone Marie E
Bought by
Ratoon Holdings Llc

Purchase Details

Listed on
Sep 30, 2013
Closed on
Mar 7, 2014
Sold by
Alford & Isaac Properties Llc
Bought by
Pedona Fabio J and Pedona Maria E
Seller's Agent
Miles Servant
Surfside Realty Co Inc
Buyer's Agent
Cheri Juel
Realty ONE Group DocksideNorth
List Price
$349,999
Sold Price
$280,000
Premium/Discount to List
-$69,999
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Alford & Isaac Properties
Bought by
Alford & Isaac Properties Llc
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
Surfside Holdings Llc -- --
Ratoon Holdings Llc -- --
Pedona Fabio J $280,000 --
Alford & Isaac Properties Llc $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Surfside Holdings Llc $156,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $280,000 -20.0% $56 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
09/30/2013 09/30/13 For Sale $349,999 -- $70 / 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 $7,908 $31,557 $10,445 $21,112
2023 $7,908 $31,557 $10,445 $21,112
2021 $7,213 $35,677 $13,939 $21,738
2020 $7,134 $35,677 $13,939 $21,738
2019 $7,134 $35,677 $13,939 $21,738
2018 $6,358 $27,441 $9,069 $18,372
2017 $6,358 $27,441 $9,069 $18,372
2016 $0 $27,441 $9,069 $18,372
2015 -- $27,441 $9,069 $18,372
2014 -- $27,441 $9,069 $18,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1317421

Coastal Carolinas Association of REALTORS®

APN: 46101030074