NOT LISTED FOR SALE

Estimated Value: $2,543,000 - $3,913,000

8 Beds
4 Baths
3,001 Sq Ft
$1,073/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $560,000 $187 Per Sq Ft

Est. 475% increase in value since last sale

Current estimated payment $20,724/month

290 Days on Market

Highlights

  • Ocean View
  • Property is near a beach
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of January 2021

An immaculate triplex across the street from the beach in the desirable Crescent Beach (NMB). Completely rebuilt in 1991 and totally renovated in the last 2 years. One 4 bedrooms/2 baths unit with huge front and back decks overlooking the ocean. An additional 3 bedroom and 2 bedroom units all with full kitchens, large living rooms and open floor plan. New roof (2019), new hvac (2019), new front stairs (2019), and new landscaping (2019). Enjoy the beautiful large back yard or the amazing Ocean Views while sitting on the front deck. Short term rental is allowed to maximize the income. Great investment property or a second home with an income option. New irrigation and landscaping recently installed

Last Listed By

Liat Edri

Realty ONE Group Dockside License #59354 Listed on: 03/13/2020

Realty ONE Group Dockside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,439

Year Built

  • Built in 1950

Lot Details

  • 0.34

Home Design

  • Triplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,001 Sq Ft Home
  • Ocean Views

Utilities

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

Additional Features

  • Property is near a beach
  • Rectangular Lot
  • East of US 17

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,439

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1950
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 03/13/2020
  • Sold Total Heated Sq Ft: 3001
  • Sold Total Sq Ft: 3001
  • Total Heated Sq Ft: 3001
  • Number2 Br Units: 1
  • Number3 Br Units: 1
  • Number4 Br Units: 1
  • Safety Features: Smoke/Heat Detector
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Total Sq Ft: 3001

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Triplex

Utilities

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

Schools

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

Lot Info

  • Lot Location: East Of Bus. 17, Oceanview, Second Row Beach
  • Zoning: CV Comm

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2019
Sold by
Mcgarity John Hamilton Le
Bought by
Tatum Ricky David
Total Days on Market
290
Current Estimated Value
$3,219,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,080,152
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$2,139,269

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

Range of Values:

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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
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
01/27/2021 01/27/21 Sold $560,000 -4.3% $187 / Sq Ft
03/13/2020 03/13/20 For Sale $584,900 -- $195 / 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: 2005962

Coastal Carolinas Association of REALTORS®

APN: 35606020017