NOT LISTED FOR SALE

Estimated Value: $3,415,916

-- Bed
-- Bath
-- Sq Ft
1.92 Acres

Last Sold October 18, 2019

Last sale price $1,250,000

Est. 173% increase in value since last sale

Current estimated payment $17,951/month

About This Home

As of October 2019

Previous assisted living facility with 37 bedrooms/dwelling units. Built in 1962 and 1999. Site is 280x295 on 65th avenue north with easy access to all major connector roads. Services are offered by Grand Stand, SCE&G, and various public providers. Owner is unaware of operational data, environmental, drainage, current zoning or compliance thereof. The sale will be " as-is; where-is". bank owned. no seller representations.

Last Agent to Sell the Property

Stokes Graves

Tradd Commercial License #11751 Listed on: 09/09/2019

Last Buyer's Agent

Liat Edri

Realty ONE Group Dockside License #59354

Realty ONE Group Dockside

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • Rectangular Lot

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • 37 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 280x295x280x295
  • Estimated Year Built: 1962
  • Class: Multi-Family
  • Lvt Date: 09/09/2019
  • Geo Subdivision: SC
  • Section Subdivision: Colonial Heights
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Utilities

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

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: rmh

Multi Family

  • Number Of Units: 37

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

Closed on
Oct 17, 2023
Sold by
Eastern Carolina Homelessness Or
Bought by
Eastern Carolina Homelessness Org Inc
Current Estimated Value
$3,415,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$22,296
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$3,393,620

Purchase Details

Closed on
Oct 5, 2020
Sold by
Harrar Holdings Ii Llc
Bought by
Eastern Carolina Homelessness Organizati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,997,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2019
Closed on
Oct 16, 2019
Sold by
Pnb Holding Co 1 Inc
Bought by
Harrar Holdings Ii Llc
Seller's Agent
Stokes Graves
Tradd Commercial
Buyer's Agent
Liat Edri
Realty ONE Group Dockside
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.66%
Original Mortgage
$1,000,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2013
Sold by
Num 78 Acre Llc
Bought by
Pace Investments Llc

Purchase Details

Closed on
Sep 12, 2008
Sold by
Carolina Retirement Services At Crossgat
Bought by
Magnolia Assisted Living Holding Company

Purchase Details

Closed on
Aug 23, 2004
Sold by
Coenenberg Anton J
Bought by
Magnolia Assisted Living Properties Llc

Purchase Details

Closed on
Aug 9, 2004
Sold by
Dornan Family Trust
Bought by
Magnolia Retirement Properties Llc

Purchase Details

Closed on
Dec 29, 2003
Sold by
Regions Bank
Bought by
Coenenberg Anton J and Carolina Retirement Svcs At Cr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1999
Sold by
Windsor House Myrtle Beach Inc
Bought by
Whmb Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Eastern Carolina Homelessness Org Inc -- --
Eastern Carolina Homelessness Organizati $2,350,000 --
Harrar Holdings Ii Llc $1,250,000 --
Pace Investments Llc $100,000 --
Magnolia Assisted Living Holding Company -- --
Num 78 Acre Llc -- --
Magnolia Assisted Living Properties Llc -- --
Magnolia Retirement Properties Llc -- --
Coenenberg Anton J $1,500,000 --
Regions Bank $1,750,000 --
Whmb Llc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastern Carolina Homelessness Org Inc $500,000
Previous Owner Eastern Carolina Homelessness Organizati $1,997,500
Previous Owner Harrar Holdings Ii Llc $1,000,000
Previous Owner Regions Bank $1,760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $1,250,000 -10.7% --
09/09/2019 09/09/19 For Sale $1,400,000 -- --
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 $0 $149,018 $75,456 $73,562
2023 $0 $111,534 $40,320 $71,214
2021 $29,020 $111,534 $40,320 $71,214
2020 $28,741 $111,534 $40,320 $71,214
2019 $22,776 $111,534 $40,320 $71,214
2018 $20,442 $78,415 $35,125 $43,290
2017 $20,212 $78,415 $35,125 $43,290
2016 -- $78,415 $35,125 $43,290
2015 $19,981 $78,415 $35,125 $43,290
2014 $19,428 $78,415 $35,125 $43,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1919385

Coastal Carolinas Association of REALTORS®

APN: 42106040128