NOT LISTED FOR SALE

Estimated Value: $2,265,000 - $3,653,000

5 Beds
5.5 Baths
4,975 Sq Ft
$620/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $2,285,000 $459 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $18,598/month

148 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Whirlpool Bathtub
  • Ocean Drive Elementary School Rated A
  • Deck
  • Loft

About This Home

As of May 2019

Ocean Front home in the prestigious section of Tilghman Estates in North Myrtle Beach. 5 Bedrooms, 6½ bathrooms FULLY FURNISHED home, with an elevator, is located directly on the Atlantic Ocean with your own private walkway to the beach. When you enter the home, you are graced by hardwood flooring, fireplace in the living room, and plenty of room for entertaining guests. Surround sound in the Living/Dining/Kitchen area. The kitchen comes complete with stainless steel appliances, granite counter tops, a pantry, work island with sink, breakfast bar, gas stove top and convection oven. Enjoy the Ocean Views from the Master Bedroom that is located off of the main living area, featuring a tray ceiling, ceiling fan, large walk-in closet, double sink, vanity, glass enclosed tile shower, a water closet, and linen closet. There is plenty of room for guests to feel at home in the four guest bedrooms, each with a private bath located on the top floor of the home where you will also find the Media Room, with wet bar, again with the direct Ocean Front Views and complete with a 3D TV. Enjoyed for years by the original owners and has never been rental property and it shows, feels like home the minute you enter. Do not miss this opportunity to own this well maintained and loved home. Has irrigation with separate well. Two tankless gas water heaters. The location is superb and is minutes away from shopping, entertainment and restaurants. Perfect address to call home or use as a secondary home.

Last Agent to Sell the Property

ONeal Bourne

RE/MAX Southern Shores NMB License #47557 Listed on: 10/26/2018

RE/MAX Southern Shores NMB

Co-Listed By

Ty Bellamy

RE/MAX Southern Shores NMB

Last Buyer's Agent

Randy Payne

Navigate Realty License #82646

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,439

Year Built

  • Built in 2004

Lot Details

  • 0.32 Acre Lot
  • Ocean Front
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stilt Home
  • Raised Foundation
  • Wallpaper
  • Concrete Siding
  • Tile

Interior Spaces

  • 4,975 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Carpet

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,439

Year Built

Built in 2004

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Four Sided Lot Measurement: 71 x 203 x 67 x 203
  • Amenities Available: Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 2004
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Great Family Room: 25 x 20
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Ceiling Fan, Fireplace, Tray Ceiling
  • Lvt Date: 10/26/2018
  • Sold Total Heated Sq Ft: 4975
  • Sold Total Sq Ft: 7185
  • Style: Raised Beach
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 4975
  • Geo Subdivision: SC
  • Section Subdivision: Tilghman Estates
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Bedroom 1: 14 x 14
  • Bedroom 2: 14 x 14
  • Bedroom 3: 13 x 12
  • Dining Room: 11 x 14
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished, Fireplace, Elevator-Interior
  • Kitchen: 15 x 21
  • Master Bedroom: 14 x 22
  • Other Rooms: Den/Study/Library, Foyer, Loft, Laundry/Utility, Media Room
  • Primary Bathroom: Double Sink, Shower, Tray Ceiling, Vanity, Whirlpool Tub, Wallpaper/Covering
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range Hood, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan, Linen Closet, Tray Ceiling, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Area, Formal
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 7185

Exterior Features

  • Exterior Features: Deck, Balcony, Front Porch, Rear Porch, Lawn Well, Lawn Sprinkler, Storm Doors, Storm Windows, Insulated Doors/Windows
  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.32

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas, Tankless
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Public

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: Oceanfront Lot, Inside City Limits, East Of Bus 17
  • Zoning: R-1

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
May 1, 2019
Sold by
Mcgarity John Hamilton Le
Bought by
Tatum Ricky David
Seller's Agent
ONeal Bourne
RE/MAX Southern Shores NMB
Buyer's Agent
Randy Payne
Navigate Realty
List Price
$2,550,000
Sold Price
$2,285,000
Premium/Discount to List
-$265,000
-10.39%
Current Estimated Value
$2,878,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,072
Avg. Annual Appreciation
3.16%
Original Mortgage
$1,600,000
Outstanding Balance
$1,080,152
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,695,444

Purchase Details

Closed on
Sep 30, 2013
Sold by
Mcgarity John Hamilton
Bought by
Mcgarity John Hamilton

Purchase Details

Closed on
Sep 19, 2013
Sold by
Mcgarity John Hamilton and The Mcgarity Qprt
Bought by
Mcgarity John Hamilton

Purchase Details

Closed on
Sep 3, 2013
Sold by
Mcgarity John Hamilton
Bought by
Mcgarity John Hamilton and Mcgarity Shelia Deaton

Purchase Details

Closed on
Dec 9, 2011
Sold by
Mcgarity Shelia Deaton
Bought by
Mcgarity John Hamilton

Purchase Details

Closed on
Aug 1, 2005
Sold by
Mcgarity Shelia D
Bought by
Revocab Mcgarity Shelia Deaton and Revocab Shelia Deaton Mcgarity

Purchase Details

Closed on
Mar 17, 2005
Sold by
Mcgarity John H
Bought by
Mcgarity Shelia D

Purchase Details

Closed on
Jan 16, 2004
Sold by
Pelican Dunes Llc
Bought by
Mcgarity John H and Mcgarity Shelia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Tatum Ricky David $2,285,000 --
Mcgarity John Hamilton -- --
Mcgarity John Hamilton -- --
Mcgarity John Hamilton -- --
Mcgarity John Hamilton -- --
Revocab Mcgarity Shelia Deaton -- --
Mcgarity Shelia D -- --
Mcgarity John H $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatum Ricky David $1,600,000
Previous Owner Mcgarity John H $1,300,000
Previous Owner Pelican Dunes Llc $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $2,285,000 -10.4% $459 / Sq Ft
10/26/2018 10/26/18 For Sale $2,550,000 -- $513 / 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 $32,439 $130,470 $63,000 $67,470
2023 $32,439 $130,470 $63,000 $67,470
2021 $29,525 $228,323 $110,250 $118,073
2020 $33,579 $228,323 $110,250 $118,073
2019 $5,799 $213,098 $110,250 $102,848
2018 $5,421 $79,941 $47,997 $31,944
2017 $0 $79,941 $47,997 $31,944
2016 $0 $79,941 $47,997 $31,944
2015 -- $79,941 $47,997 $31,944
2014 $4,848 $79,941 $47,997 $31,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1821813

Coastal Carolinas Association of REALTORS®

APN: 35606020017