NOT LISTED FOR SALE

Estimated Value: $377,450 - $418,000

2 Beds
2 Baths
793 Sq Ft
$508/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $400,000 $504 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,811/month

229 Days on Market

Highlights

  • Main Floor Bedroom
  • Community Pool
  • Walk-In Closet
  • Furnished
  • Balcony
  • Laundry Room

About This Home

As of May 2024

Enjoy owning a Guest Cottage! This subdivision isne of the most popular along the Grand Strand. We began our journey with renting a cottage then were fortunate to eventually own! The Shore Drive is a popular place for vacation. Whether you want to keep for your own enjoyment or share with others to rent it is worth it all! This 2bedrm/2bath is a raised beach house. It is a unique situation as it's ownership is like a condominium but the HOA takes care of most all the exterior. Below the cottage has room for 2 cars. There are 2 extra parking spaces on that street, first come first serve. You have a storage area for beach equipment or golf cart storage. An entertainment area with a bar and granite countertops,4 Polywood all weather stools and swing. A television and small refrigerator. Also, other outdoor seating and a grill. The balcony upstairs has outdoor furniture too. It's great for your morning coffee! Then into the front entrance you'll see that the nautical themed decor is bright and inviting. The ceramic floors and white louvers blinds add to the luxury. Both bedrooms have very nice bedding from Southern Tide with mattress toppers for added comfort. A Pottery Barn bunk bed with twin and full size mattresses and steps to reach the top. Both bathrooms have upgraded vanities and decor. Wash and dryer was new and installed in 2023. The kitchen is fully stocked glassware and dishes, bakeware. Dishwasher was new and installed in 2023. The HVAC newer and was installed and duct work was rerouted in 2019. Guest cottages do not gutters, we installed ours in 2019. We replaced all windows in 2019. This cottage and it's amenities stand out from the rest! New owner must verify sq footage. Owner is the listing agent.

Last Agent to Sell the Property

Kimmie Neal

BH & G Elliott Coastal Living License #130162 Listed on: 10/06/2023

Last Buyer's Agent

Amy Randall

CB Sea Coast Advantage MI License #96258

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 2,614 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned rr

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 793 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Myrtle Beach Primary Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

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

Additional Features

  • Balcony
  • East of US 17

Community Details

Overview

  • Association fees include electric common, trash pickup, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1989
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 347
  • HOA Management Company: Guest Cottage HOA Doug Baden manager 843-246-7602
  • Lvt Date: 10/06/2023
  • Sold Total Heated Sq Ft: 793
  • Sold Total Sq Ft: 793
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 793
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 793
  • Section Subdivision: Guest Cottage
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Other Rooms: 1st Floor Bedrooms, Laundry/Utility
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo, Ceiling Fan
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 793

Exterior Features

  • Exterior Features: Balcony, Outside Storage Detached
  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.06

Garage/Parking

  • Type: Detached With Hpr

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv

Schools

  • Elementary School: Myrtle Beach Primary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus 17, East Of Highway 17 Bypass
  • Zoning: rr

MLS Schools

  • Elementary School: Myrtle Beach Primary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
May 29, 2024
Sold by
Neal Eugene Lee
Bought by
Gallagher Christopher Morgan
Seller's Agent
Kimmie Neal
BH & G Elliott Coastal Living
Buyer's Agent
Amy Randall
CB Sea Coast Advantage MI
List Price
$465,000
Sold Price
$400,000
Premium/Discount to List
-$65,000
-13.98%
Views
237
Current Estimated Value
$402,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,613
Avg. Annual Appreciation
0.62%
Original Mortgage
$400,000
Outstanding Balance
$396,775
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$5,838

Purchase Details

Closed on
Aug 31, 2015
Sold by
Greene Gary and Greene Lois G
Bought by
Neal Eugene Lee and Neal Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
4.02%

Purchase Details

Closed on
Sep 14, 2012
Sold by
Mescolotto Robert
Bought by
Greene Gary

Purchase Details

Closed on
Jun 11, 2004
Sold by
Elliott Floyd Gregory and Elliott Janice H
Bought by
Mescolotto Robert and Mescolotto Carole

Purchase Details

Closed on
Jan 14, 2000
Sold by
Howe Byron E and Howe Alda W
Bought by
Elliott Floyd Gregory and Elliott Janice H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
7.9%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Gallagher Christopher Morgan $400,000 --
Neal Eugene Lee $192,000 --
Greene Gary $159,900 --
Mescolotto Robert $160,000 --
Elliott Floyd Gregory $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Christopher Morgan $400,000
Previous Owner Neal Eugene Lee $191,000
Previous Owner Neal Eugene Lee $172,800
Previous Owner Elliott Floyd Gregory $74,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $400,000 -3.6% $504 / Sq Ft
05/02/2024 05/02/24 Price Changed $415,000 -3.5% $523 / Sq Ft
04/04/2024 04/04/24 Price Changed $430,000 -2.9% $542 / Sq Ft
03/11/2024 03/11/24 Price Changed $442,900 -1.6% $559 / Sq Ft
02/08/2024 02/08/24 Price Changed $449,900 -1.1% $567 / Sq Ft
01/15/2024 01/15/24 Price Changed $454,900 -1.1% $574 / Sq Ft
10/25/2023 10/25/23 Price Changed $459,900 -1.1% $580 / Sq Ft
10/06/2023 10/06/23 For Sale $465,000 -- $586 / 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 -- $14,700 $0 $14,700
2023 $2,656 $14,700 $0 $14,700
2021 $2,614 $14,700 $0 $14,700
2020 $2,479 $14,700 $0 $14,700
2019 $2,479 $14,700 $0 $14,700
2018 $2,239 $10,320 $0 $10,320
2017 $2,224 $10,320 $0 $10,320
2016 -- $10,320 $0 $10,320
2015 $2,033 $9,420 $0 $9,420
2014 $1,965 $9,420 $0 $9,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2320401

Coastal Carolinas Association of REALTORS®

APN: 39412010275