NOT LISTED FOR SALE

Estimated Value: $925,000 - $1,323,000

8 Beds
8 Baths
3,600 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $520,000 $144 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,481/month

278 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Balcony

About This Home

As of January 2020

Investors. 4 Plex for sale in beautiful North Myrtle Beach, SC. No HOA fees with this property.. Live in 1 unit and rent out the other 3 units. Or rent all 4. This 4 Plex on Ocean Blvd consists of 4 individual Units directly across the street from the Beach on a large street to street lot. Each unit comes completely furnished and has 2 bedrooms & 2 baths. Recent updates for each unit include new kitchens, all new electrical & cable wiring, new exterior balconies and decks, new mattresses, tile and laminate flooring. Sunset Landing is the perfect investment, rental property or family beach retreat for you.

Last Agent to Sell the Property

Sheri Wooten

CENTURY 21 Thomas Incorporated DBA Thomas Real Estate, LLC License #272069 Listed on: 02/13/2019

CENTURY 21 Thomas Incorporated DBA Thomas Real Estate, LLC

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,499

Year Built

  • Built in 1987

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 53 x 110

Home Design

  • Quadruplex
  • Raised Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 8 Bathrooms
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Tile
  • Vinyl Plank

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 35712020037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,499

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Quadruplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Vinyl
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Furnished, Smoke Detectors, Wash/Dry Connect
  • Laundry Location: Room
  • List Price per Sq Ft: 150.39
  • Total Bathrooms: 8.00
  • Number Bedrooms Total: 8

Exterior Features

  • Exterior Features: Security Lighting, Thermal Windows, Trash on Site
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings, Raised
  • Porch Balcony Deck: Balcony, Deck
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: Tandem
  • Detached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 8.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks
  • Property Mgmt Company: No

Lot Info

  • Deed Page: 2332.00
  • Lot Acres: 0.13
  • Lot Dimensions: 53 x 110
  • Lot Number: 15
  • Lot Sq Ft: 5663.00
  • Lot Water Features: Second Row
  • Zoning: R4
  • Lot View Type: Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 56347.00
  • Annual Gross Rental Income Collected: 2017

Tax Info

  • Tax Identifier: 35712020037
  • Tax Year: 2018

Multi Family

  • Number Total Units: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Jan 13, 2020
Sold by
One Grand Coastal Properties Llc
Bought by
926 S Ocean Blvd Llc
Seller's Agent
Sheri Wooten
CENTURY 21 Thomas Incorporated DBA Thomas Real Estate, LLC
Buyer's Agent
A Non Member
A Non Member
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Total Days on Market
278
Current Estimated Value
$1,087,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,666
Avg. Annual Appreciation
16.06%
Original Mortgage
$390,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2013
Closed on
Nov 4, 2013
Sold by
Martin Jimmie D
Bought by
One Grand Coastal Properties Llc
Seller's Agent
Matt Becker
BH & G Elliott Coastal Living
Buyer's Agent
Matt Becker
BH & G Elliott Coastal Living
List Price
$495,000
Sold Price
$430,000
Premium/Discount to List
-$65,000
-13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$365,500
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2012
Sold by
Coalhouse Ruled Inc
Bought by
Martin Jimmie D
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
926 S Ocean Blvd Llc $520,000 --
One Grand Coastal Properties Llc $430,000 --
One Grand Coastal Properties Llc $430,000 --
Martin Jimmie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 926 S Ocean Blvd Llc $423,500
Closed 926 S Ocean Blvd Llc $390,000
Previous Owner One Grand Coastal Properties Llc $365,500
Previous Owner Coalhouse Ruled Inc $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $520,000 -5.3% $144 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $549,000 +27.7% $153 / Sq Ft
11/05/2013 11/05/13 Sold $430,000 -13.1% $119 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $495,000 -- $138 / Sq Ft
Source: Hive MLS

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 $8,499 $34,179 $20,379 $13,800
2023 $8,499 $34,179 $20,379 $13,800
2021 $7,735 $34,179 $20,379 $13,800
2020 $7,269 $34,179 $20,379 $13,800
2019 $7,012 $34,179 $20,379 $13,800
2018 $0 $28,246 $17,620 $10,626
2017 $6,407 $28,246 $17,620 $10,626
2016 -- $28,246 $17,620 $10,626
2015 $6,351 $28,246 $17,620 $10,626
2014 $6,147 $28,246 $17,620 $10,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100150197

Hive MLS

APN: 35712020037