NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,508,000

8 Beds
4 Baths
4,716 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $675,000 $143 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,196/month

192 Days on Market

Highlights

  • Property is near a beach
  • Ocean Drive Elementary School Rated A
  • Rectangular Lot

About This Home

As of November 2021

Rare find! Across the street from the Ocean!!! Enjoy six rental units on this property. Four 2 bedroom units and two - 3 bedroom units You must view to appreciate the location and potential! Don't Delay!

Last Listed By

Paige Bird

RE/MAX Southern Shores License #47713 Listed on: 02/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,664

Year Built

  • Built in 1960

Lot Details

  • 5,663

Home Design

  • 4,716 Sq Ft Home

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Property is near a beach
  • Rectangular Lot
  • Flood Zone Lot

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,664

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1960
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/24/2021
  • Sold Total Heated Sq Ft: 4716
  • Sold Total Sq Ft: 5000
  • Total Heated Sq Ft: 4716
  • Two Bedroom Rent Range: 1050-1100
  • Three Bedroom Rent Range: 1100-1200
  • Estimated Gross Scheduled Rent: 6600
  • Number2 Br Units: 4
  • Number3 Br Units: 2
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Total Sq Ft: 5000

Garage/Parking

  • Type: Quad

Utilities

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

Schools

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

Lot Info

  • Lot Location: Second Row Beach
  • Zoning: MF

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Nov 23, 2021
Sold by
Eskander Julia K
Bought by
Num 914 S Ocean Blvd Llc
Seller's Agent
Paige Bird
RE/MAX Southern Shores
Buyer's Agent
Moshe Ben-ezra
ICE Mortgage Technology INC
List Price
$999,900
Sold Price
$675,000
Premium/Discount to List
-$324,900
-32.49%
Total Days on Market
192
Current Estimated Value
$1,171,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,416
Avg. Annual Appreciation
17.01%

Purchase Details

Closed on
Sep 3, 1999
Sold by
Seddinger Nancy C
Bought by
Eskander Essam S

Purchase Details

Closed on
Jun 1, 1998
Sold by
Nobles Marsha Y and Nobles P D
Bought by
Seddinger Nancy C

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Home in North Myrtle Beach, SC

  • 205 5th Ave S, North Myrtle Beach, SC 29582

    $995,000

    • 6 Beds
    • 6 Baths
    • 2,572 Sq Ft
    • 205 5th Ave S
    • North Myrtle Beach, SC

    Stunning triplex featuring 6 bedrooms and 6 bathrooms, located just minutes from the ocean. There is no homeowners association. The property has been freshly painted, and both buildings received new roofs in 2023. A new HVAC compressor has also been installed. Ample parking is available, along with an outdoor shower. All furnishings and items are included in the sale. The property is suitable for

    John Nguyen ICE Mortgage Technology INC

    Section Image

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
Num 914 S Ocean Blvd Llc $800,000 --
Eskander Essam S $235,000 --
Seddinger Nancy C $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 914 S Ocean Blvd Llc $742,700
Previous Owner Eskander Essam S $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $675,000 -25.0% $143 / Sq Ft
05/19/2021 05/19/21 Price Changed $899,900 -10.0% $191 / Sq Ft
02/24/2021 02/24/21 For Sale $999,900 -- $212 / 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 $7,664 $25,099 $18,545 $6,554
2023 $7,664 $25,099 $18,545 $6,554
2021 $5,680 $29,451 $20,379 $9,072
2020 $5,617 $29,451 $20,379 $9,072
2019 $5,419 $29,451 $20,379 $9,072
2018 $0 $23,320 $17,620 $5,700
2017 $4,951 $23,320 $17,620 $5,700
2016 -- $23,320 $17,620 $5,700
2015 $4,907 $23,320 $17,620 $5,700
2014 $4,750 $23,320 $17,620 $5,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2104255

Coastal Carolinas Association of REALTORS®

APN: 35712020031