NOT LISTED FOR SALE

721 3rd Ave S Surfside Beach, SC 29575

Estimated Value: $454,000 - $567,000

5 Beds
3 Baths
2,357 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $474,000 $201 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,791/month

4 Days on Market

Highlights

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

About This Home

As of September 2024

Come check out this amazing duplex Less than 1 mile from the Atlantic Ocean, the beautiful new Surfside Pier, and one block away from the shops and restaurants of Surfside Drive. There is no flood insurance required and no HOA! Both units A and B have newer LVP flooring and carpet. Unit A's HVAC was replaced in 2019 and Unit B's HVAC was replaced in 2020. Unit A is the larger unit. It has a large flex room downstairs that can work as a third bedroom or an additional large living space. It leads out to a large outdoor deck (12X10) and a private backyard. There is a large all metal Leonard shed that is included in the sale. Downstairs there is a large walk in closet and laundry room, as well as a half bath that has granite countertops. There is a living room, dining room and kitchen with granite countertops and stainless steel appliances. The entire unit was repainted and all fixtures were updated. Upstairs has two large bedrooms, each with a large closet. There is also a hall closet and a full bath. Unit B is the smaller unit. It has a living room and kitchen downstairs. The kitchen has granite countertops and stainless steel appliances. It has a small screened in porch off of the dining area, and that is where you access your own laundry room. Both units have separate laundry rooms with washers and dryers that stay with the property. Upstairs is identical to unit A. It has two large bedrooms with large closets, a hall closet and a full bath. Unit B also has its own small back yard. Plenty of parking for both units out front. All measurements are approximate, buyer must verify. Listing agent is owner.

Last Agent to Sell the Property

Melody Kraus

Grand Strand Homes & Land License #132020 Listed on: 07/08/2024

Last Buyer's Agent

Grace Edwards

Realty One Group Dockside Cnwy License #25558

Realty One Group Dockside Cnwy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,041

Year Built

  • Built in 1986

Lot Details

  • 7,405

Home Design

  • 2,357 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Laundry Room
  • Rectangular Lot
  • East of US 17

Community Details

  • 2 Units
  • No Complex Condos

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,041

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Laundry Room, Long Term Rental Allowed, Tenant Allowed Motorcycle
  • Estimated Year Built: 1986
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 07/08/2024
  • Sold Total Heated Sq Ft: 2357
  • Sold Total Sq Ft: 2463
  • Total Heated Sq Ft: 2357
  • Two Bedroom Rent Range: $1,600
  • Three Bedroom Rent Range: $1,800
  • Complex Name: no complex
  • Estimated Gross Scheduled Rent: 40,800
  • Number2 Br Units: 1
  • Number3 Br Units: 1
  • Geo Subdivision: SC
  • Section Subdivision: Ocean Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Total Sq Ft: 2463

Exterior Features

  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Duplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public
  • Heating Cooling: Central Air, Central Heat, 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, Inside City Limits, East Of Highway 17 Bypass
  • Zoning: R2

Multi Family

  • Number Of Units: 2

MLS Schools

  • Elementary School: Seaside 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
Jul 8, 2024
Closed on
Sep 4, 2024
Sold by
Kraus Austin J
Bought by
Diesel Investments Llc
Seller's Agent
Melody Kraus
Grand Strand Homes & Land
Buyer's Agent
Grace Edwards
Realty One Group Dockside Cnwy
List Price
$499,900
Sold Price
$474,000
Premium/Discount to List
-$25,900
-5.18%
Views
32
Current Estimated Value
$492,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,463
Avg. Annual Appreciation
3.60%
Original Mortgage
$240,000
Outstanding Balance
$197,987
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$294,476

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 22, 2022
Sold by
Lewis Linda M
Bought by
Kraus Austin J and Kraus Melody C
Seller's Agent
Jenn Cribb
RE/MAX Southern Shores GC
Buyer's Agent
The Brandi Minchillo Team
RE/MAX Executive
List Price
$444,400
Sold Price
$449,000
Premium/Discount to List
$4,600
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$359,200
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1999
Sold by
Champagne Donald R
Bought by
Morrison David and Lewis Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,020
Interest Rate
6.71%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Diesel Investments Llc $474,000 --
Kraus Austin J $449,000 --
Morrison David $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diesel Investments Llc $240,000
Previous Owner Kraus Austin J $359,200
Previous Owner Morrison David $132,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2024 09/04/24 Sold $474,000 -5.2% $201 / Sq Ft
07/08/2024 07/08/24 For Sale $499,900 +11.3% $212 / Sq Ft
03/22/2022 03/22/22 Sold $449,000 +1.0% $190 / Sq Ft View Prior Sale
01/10/2022 01/10/22 For Sale $444,400 -- $189 / 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 $2,041 $27,627 $15,000 $12,627
2023 $2,041 $9,945 $3,174 $6,771
2021 $1,655 $11,740 $4,608 $7,132
2020 $1,635 $11,740 $4,608 $7,132
2019 $1,635 $11,740 $4,608 $7,132
2018 $1,361 $9,710 $2,998 $6,712
2017 $1,361 $14,565 $4,497 $10,068
2016 -- $14,565 $4,497 $10,068
2015 $1,361 $14,565 $4,497 $10,068
2014 $1,516 $14,565 $4,497 $10,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2416042

Coastal Carolinas Association of REALTORS®

APN: 46101030142