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$659,000

Beds
3
Baths
2.5
sq ft
1,975

1188 Peterson St, Myrtle Beach, SC 29577

1188 Peterson St

Myrtle Beach, SC 29577

  • 16 days on market
Welcome to Sweetgrass Square. A unique Charleston style community within minutes of downtown Market Common. As you walk the large sidewalks you see homes with the historic colors of Charleston, porches, and cozy courtyard areas. Downtown you will find shops, restaurants, entertainment, and service businesses. Grocery stores and medical facilities are close as well. Let's not forget the Atlantic Ocean and beaches; the Myrtle Beach State Park is less than a mile away. Strolling up to 1188 Peterson St you are greeted by a welcoming front porch; large enough for a few rocking chairs. As you enter the home you will see an open living area. The spacious kitchen has granite countertops, stainless steel appliances, and a sizeable pantry. It is easy to entertain here because of the open space between the kitchen, dining, and living room. There is a half bath on the main floor; perfect for your guest. The comforting master bedroom is on the main floor with ensuite bathroom and walk-in closet. Moving to the second floor you will find a large flex area that could be used for many things (living space, bedroom, office, etc). There are 2 spare bedrooms with shared full bath upstairs as well. Your guest will have use of a balcony area on the second floor as well; perfect for afternoon tea or cocktails. If you enjoy time outside this home has a large courtyard area ideal for grilling, sitting around the fire pit, or relaxing in the sun. The home is equipped with a 2 car attached garage, but also has a parking pad big enough for a couple cars. There is a pull down screen in the garage allowing for cool afternoon breezes. This home is ready for a new owner; whether it be a primary residence, second home, or investment opportunity.

Details

Property type

Single Family Residence

Est. home value

$536,296

Lot size

3,049 sq ft

Price per sq ft

$334

Year built

2017

Monthly HOA fee

$220

Price History

02/10/2025
MyrtleBeach

MyrtleBeach #2503345

Listed
$659,000
+24.34%
09/20/2023
MyrtleBeach

MyrtleBeach #2313961

Sold
$530,000
+54.97%
02/25/2019
MyrtleBeach

MyrtleBeach #1823874

Sold
$342,000
+6.85%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$84,169
Asking price
$659,000
Closing costs (~8% of asking)
-$52,720
Est. remaining loan balance
-$522,111
Cash to seller
$84,169

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Usaa Federal Savings Bank

Loan start date

September 2023

Original loan amount

$530,000

Est. remaining balance

$522,111

Interest rate

6.9%

Loan type

VA, 30 year

Seller

Marcus E Weaver and Soon Mi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/26/2025 at 7:15 PM

Listing updated: 02/10/2025 at 1:35 PM

Listed by: Briggs Dickerson, Sands Realty Group Inc. Phone #: (843) 839-4878

MLS: MyrtleBeach #2503345

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