NOT LISTED FOR SALE

Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $328,620 - $415,000

6 Beds
3 Baths
2,524 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $250,000 $99 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,256/month

124 Days on Market

About This Home

As of July 2021

This fantastic investment property has excellent location, near Broadway and only five blocks from ocean Blvd. Three 2 bedroom 1 bath units, only five blocks to ocean. Units are currently rented, providing immediate income. Located in downtown Myrtle Beach and all the attractions it has to offer.

Last Agent to Sell the Property

Efrat Shahar

Coastal Premier RE Services License #62483 Listed on: 01/08/2021

Last Buyer's Agent

Brandon Pichey

CB Sea Coast Advantage MI License #117723

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • Rectangular Lot

Home Design

  • 2,524 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Siding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1955
  • Class: Multi-Family
  • Lvt Date: 01/08/2021
  • Total Heated Sq Ft: 2524
  • Estimated Gross Scheduled Rent: 27,900.00
  • Misc Structural: Sep. Electric Meter, Individual Water Heater, Indiv. Heat & Air, Central Cable Tv
  • Number2 Br Units: 3
  • Safety Features: Smoke/Heat Detector
  • Utilities Owner Pays: Water/Sewer, Trash
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Total Sq Ft: 2524

Exterior Features

  • Exterior Finish: Brick Veneer, Siding
  • Foundation: Slab

Garage/Parking

  • Type: Triplex

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Baseboard, Window/Wall Unit

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: RMM

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jun 29, 2021
Sold by
Damor Llc
Bought by
Smith Tara
Seller's Agent
Efrat Shahar
Coastal Premier RE Services
Buyer's Agent
Brandon Pichey
CB Sea Coast Advantage MI
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Current Estimated Value
$364,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,405
Avg. Annual Appreciation
8.59%
Original Mortgage
$187,500
Outstanding Balance
$170,127
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,278

Purchase Details

Closed on
Nov 6, 2019
Sold by
Yona Smadar
Bought by
Damor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%

Purchase Details

Closed on
Oct 15, 2019
Sold by
Benkandil Shlomo
Bought by
Yona Smadar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%

Purchase Details

Closed on
Jan 26, 2015
Sold by
Siggelkow Robert and Williams Lisa
Bought by
Benkandil Shlomo and Yona Smadar

Purchase Details

Closed on
Oct 17, 2008
Sold by
Hewitt William F
Bought by
Siggelkow Robert

Purchase Details

Closed on
Aug 29, 2008
Sold by
Hewitt Alma L
Bought by
Siggelkow Robert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Tara $250,000 --
Damor Llc -- --
Yona Smadar -- --
Benkandil Shlomo $85,000 --
Siggelkow Robert -- --
Siggelkow Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tara $187,500
Previous Owner Damor Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $250,000 -7.1% $99 / Sq Ft
01/20/2021 01/20/21 For Sale $269,000 +7.6% $107 / Sq Ft
01/11/2021 01/11/21 Off Market $250,000 -- --
01/08/2021 01/08/21 For Sale $269,000 -- $107 / 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 $4,432 $16,753 $6,480 $10,273
2023 $4,422 $8,588 $2,462 $6,126
2021 $4,380 $8,588 $2,462 $6,126
2020 $2,214 $8,588 $2,462 $6,126
2019 $2,214 $8,588 $2,462 $6,126
2018 $0 $7,742 $2,462 $5,280
2017 $2,036 $7,742 $2,462 $5,280
2016 -- $7,742 $2,462 $5,280
2015 $1,924 $7,743 $2,463 $5,280
2014 $1,871 $7,743 $2,463 $5,280
Source: Public Records

Agents Affiliated with this Home

  • Efrat Shahar

    Seller's Agent in 2021

    Efrat Shahar

    Coastal Premier RE Services

    (843) 455-1151

    18 in this area

    62 Total Sales

    Efrat Shahar
    Section Image
  • Brandon Pichey

    Buyer's Agent in 2021

    Brandon Pichey

    CB Sea Coast Advantage MI

    (843) 504-4431

    2 in this area

    18 Total Sales

    Brandon Pichey
    Section Image
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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2100498

Coastal Carolinas Association of REALTORS®

APN: 44304030048

South Carolina Horry County Myrtle Beach 29577

Downtown Myrtle Beach

Not Listed for Sale

MultiFamily

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