NOT LISTED FOR SALE

717 5th Ave S Surfside Beach, SC 29575

Estimated Value: $426,000 - $694,000

6 Beds
4 Baths
2,600 Sq Ft
$220/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $387,500 $149 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,476/month

126 Days on Market

Highlights

  • Central Heating and Cooling System
  • Seaside Elementary Rated A-
  • Rectangular Lot

About This Home

As of November 2022

Don't miss this rare opportunity to own a duplex in the heart of Surfside Beach! Each unit includes 3 bedrooms, 2 baths, and renters already in place in one of the two units. It is truly ready for you to start making income immediately after closing! The photos in the listing are of the"back" unit, but both units should be very similar. With NO HOA, you can park your golf cart around back, and do as you please with the property. Plenty of parking for everyone, 2 spaces per unit. Perfectly situated close to all of the Grand Strand's finest dining, shopping, golf, and entertainment attractions, and just a short 5 minute golf cart ride to the beach. Whether you are looking for a forever home, a second home near the beach, or your next investment opportunity, this property could fit all your needs!

Last Agent to Sell the Property

The Mills Group

Century 21 Barefoot Realty Listed on: 03/25/2022

Century 21 Barefoot Realty

Last Buyer's Agent

Jonathan Edmund

Wave Beach Realty, LLC License #87349

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 7,405

Home Design

  • 2,600 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Vinyl Siding

Schools

  • Saint James Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 2 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1997
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 03/25/2022
  • Total Heated Sq Ft: 2600
  • Three Bedroom Rent Range: 900-1500
  • Misc Structural: Indiv. Heat & Air
  • Number3 Br Units: 2
  • Safety Features: Smoke/Heat Detector
  • Geo Subdivision: SC
  • Section Subdivision: Ocean Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1997

Interior Features

  • Total Sq Ft: 2600

Exterior Features

  • Exterior Finish: Vinyl Siding, Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Air, Central Heat, Electric

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits, East Of Highway 17 Bypass
  • Zoning: R2

Multi Family

  • Number Of Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Nov 9, 2022
Sold by
Flores Geraldine E
Bought by
Rivera Blanca Cecilia
Seller's Agent
The Mills Group
Century 21 Barefoot Realty
Buyer's Agent
Jonathan Edmund
Wave Beach Realty, LLC
List Price
$599,900
Sold Price
$387,500
Premium/Discount to List
-$212,400
-35.41%
Views
39
Current Estimated Value
$573,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,734
Avg. Annual Appreciation
13.24%
Original Mortgage
$290,625
Outstanding Balance
$281,825
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$291,409

Purchase Details

Listed on
Nov 18, 2015
Closed on
Aug 19, 2016
Sold by
Fisht Linda L
Bought by
Flores Armand
Seller's Agent
Traci Miles
CENTURY 21 Boling & Associates
Buyer's Agent
Rene Fletcher
CB Sea Coast Advantage CF
List Price
$292,000
Sold Price
$221,250
Premium/Discount to List
-$70,750
-24.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Sep 10, 2001
Sold by
Fuhst Linda L
Bought by
Fuhst Linda L and Thorburn Wanda S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivera Blanca Cecilia $387,500 --
Flores Armand $442,500 --
Fuhst Linda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Blanca Cecilia $290,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2022 11/09/22 Sold $387,500 -2.9% $149 / Sq Ft
07/14/2022 07/14/22 Price Changed $399,000 -20.0% $153 / Sq Ft
07/06/2022 07/06/22 Price Changed $499,000 -5.0% $192 / Sq Ft
05/18/2022 05/18/22 Price Changed $525,000 -8.7% $202 / Sq Ft
05/03/2022 05/03/22 Price Changed $575,000 -4.2% $221 / Sq Ft
03/25/2022 03/25/22 For Sale $599,900 +171.1% $231 / Sq Ft
08/19/2016 08/19/16 Sold $221,250 -24.2% $177 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $292,000 -- $234 / 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 $5,773 $28,284 $15,000 $13,284
2023 $5,773 $15,354 $6,912 $8,442
2021 $3,525 $15,354 $6,912 $8,442
2020 $3,487 $15,354 $6,912 $8,442
2019 $3,487 $15,354 $6,912 $8,442
2018 $0 $15,645 $4,497 $11,148
2017 $3,626 $15,645 $4,497 $11,148
2016 -- $15,645 $4,497 $11,148
2015 $3,503 $15,645 $4,497 $11,148
2014 $3,397 $15,645 $4,497 $11,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2206236

Coastal Carolinas Association of REALTORS®

APN: 46108020052