NOT LISTED FOR SALE

801 Burcale Rd Unit E1 Myrtle Beach, SC 29579

Estimated Value: $85,000 - $100,000

1 Bed
1 Bath
688 Sq Ft
$150/ mo HOA Fee

Last Sold December 08, 2023

Last sale price $92,500 $134 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $665/month

18 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Patio
  • Central Heating and Cooling System
  • River Oaks Elementary School Rated A-
  • Laundry Room
  • Combination Kitchen and Dining Room

About This Home

As of December 2023

Incredible Investment Opportunity with a good ROI Discover the perfect investment property in Myrtle Beach! This one-bedroom, one-bathroom condo presents an exceptional opportunity for savvy investors looking for substantial returns. Prime Myrtle Beach Location: Situated just minutes from the sun-soaked shores and vibrant attractions that Myrtle Beach is renowned for, this condo offers a strategic position that's hard to beat. Whether it's the beach, dining, shopping, or entertainment, everything you desire is within easy reach. Turnkey Investment: This property is a hassle-free investment. The washer and dryer convey with the unit, making it even more appealing to potential tenants. With low HOA fees, you can maximize your rental income without sacrificing your bottom line. Stable Rental Income: The current tenant has been a reliable occupant for over 5 years and is on a month-to-month lease. They are open to staying, providing you with immediate, consistent rental income. This long-term tenant adds to the property's appeal as a sound investment. Strong Return on Investment: With the potential for a good return on investment, this condo is not just a place to call home; it's a financial asset that can grow your wealth over time. Don't miss out on this fantastic opportunity to add a high-performing investment property to your portfolio. Whether you're an experienced investor or just starting, this Myrtle Beach gem is a wise choice. Contact us today to schedule a viewing and explore the possibilities of this remarkable investment property! Feel free to customize this listing description to suit your specific marketing needs and style.

Last Agent to Sell the Property

Kristen Lundy

RE/MAX Southern Shores NMB License #120282 Listed on: 11/06/2023

Last Buyer's Agent

Sylvia Hickman

CENTURY 21 Broadhurst License #111778

CENTURY 21 Broadhurst

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • 3,049

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 688 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Patio

Schools

  • River Oaks Elementary School
  • Ten Oaks Middle School
  • Carolina Forest High School

Utilities

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

Community Details

Overview

  • Association fees include electric common, trash pickup, landscape/lawn, insurance, manager, legal and accounting, common maint/repair, pest control
  • Low-Rise Condominium

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

3,049 Sq Ft Lot

HOA Fees

$150 per month

Listing Details

  • Amenities Available: Restrictions, Owner Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Owner Allowed Motorcycle
  • Estimated Year Built: 1984
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 150
  • HOA Management Company: Jennings Company 843-626-6442
  • Lvt Date: 11/06/2023
  • Total Heated Sq Ft: 688
  • Building Style: Low-Rise 2-3 Stories
  • Exterior Unit Features: Patio
  • Gross Annual Rental Incom: 8400
  • HOA Fees include insurance: Yes
  • Project Section Code: Courtyard At Yardarm
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Interior Amenities: Smoke Detector, Washer/Dryer, Wshr/Dryer Connection
  • Other Rooms: First Floor Bedrooms, Laundry/Utility
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 1
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 688

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Common Maint/Repair, Pest Control

Lot Info

  • Zoning: MultiFam

MLS Schools

  • Elementary School: River Oaks Elementary
  • HighSchool: Carolina Forest High School
  • Middle School: Ten Oaks Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Dec 8, 2023
Sold by
Ritter Jamie
Bought by
Mccray Melinda Alicia
Seller's Agent
Kristen Lundy
RE/MAX Southern Shores NMB
Buyer's Agent
Sylvia Hickman
CENTURY 21 Broadhurst
List Price
$99,900
Sold Price
$92,500
Premium/Discount to List
-$7,400
-7.41%
Views
71
Current Estimated Value
$91,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,388
Avg. Annual Appreciation
-0.66%
Original Mortgage
$12,500
Outstanding Balance
$7,852
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$83,260

Purchase Details

Closed on
Feb 1, 2021
Sold by
Morgan Susan N
Bought by
Ritter Jamie and Burns Kathryn

Purchase Details

Closed on
Jan 22, 2021
Sold by
Burns Kathryn
Bought by
Ritter Jamie

Purchase Details

Closed on
Sep 9, 2019
Sold by
Nagle Thomas W
Bought by
Morgan Susan

Purchase Details

Closed on
Jun 17, 1998
Sold by
Pettry Carl and Pettry Frances S
Bought by
Nagle John T and Nagle Bobbie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
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
Mccray Melinda Alicia $92,500 --
Ritter Jamie -- --
Ritter Jamie -- --
Morgan Susan -- --
Nagle Thomas W -- --
Nagle John T $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccray Melinda Alicia $12,500
Open Mccray Melinda Alicia $84,625
Previous Owner Nagle John T $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $92,500 -7.4% $134 / Sq Ft
11/06/2023 11/06/23 For Sale $99,900 -- $145 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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
2025 $490 $0 $0 $0
2024 $490 $6,540 $0 $6,540
2023 $490 $4,431 $0 $4,431
2021 $981 $4,431 $0 $4,431
2020 $563 $4,431 $0 $4,431
2019 $399 $4,200 $0 $4,200
2018 $0 $2,625 $0 $2,625
2017 $348 $1,500 $0 $1,500
2016 -- $1,500 $0 $1,500
2015 $348 $2,625 $0 $2,625
2014 $338 $1,500 $0 $1,500
Source: Public Records

Agents Affiliated with this Home

  • Kristen Lundy

    Seller's Agent in 2023

    Kristen Lundy

    RE/MAX

    (843) 344-5621

    5 in this area

    107 Total Sales

    Kristen Lundy
    Section Image
  • Sylvia Hickman

    Buyer's Agent in 2023

    Sylvia Hickman

    CENTURY 21 Broadhurst

    (803) 269-2582

    4 in this area

    87 Total Sales

    Sylvia Hickman
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2322568

Coastal Carolinas Association of REALTORS®

APN: 42608010126

South Carolina Horry County Myrtle Beach 29579

801 Burcale Rd Unit E1, Myrtle Beach, SC

Not Listed for Sale

Condos

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Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2026 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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