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$545,000

Beds
3
Baths
2.0
sq ft
1,204

1205 Madison Dr, North Myrtle Beach, SC 29582

1205 Madison Dr

North Myrtle Beach, SC 29582

  • 159 days on market
    • Price drop $30,000↓
This delightful 3-bedroom, 2-bathroom beach getaway provides a comfortable escape close to the shore. Imagine starting your day with a cup of coffee on the front porch, listening to the birds. The inviting interior features a comfortable living space, perfect for unwinding after a day of beach adventures. Step out onto the large back deck, a true gem for entertaining. This outdoor space is ideal for barbeques, stargazing, or simply soaking up the sunshine. The close proximity to the beach makes this home a dream for vacation renters. They'll love the short distance to the sand and surf, while also being close to restaurants and shopping. This charming beach abode offers the best of both worlds: a personal retreat and a smart investment opportunity. Start creating beach memories and building your rental portfolio today! Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Details

Property type

Single Family Residence

Est. home value

$586,812

Lot size

7,841 sq ft

Price per sq ft

$453

Year built

1997

HOA

Yes

Price History

06/09/2024
MyrtleBeach

MyrtleBeach #2402319

Price change
$545,000
-5.22%
01/28/2024
MyrtleBeach

MyrtleBeach #2402319

Listed
$575,000

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

Seller’s Loan History

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

Lender

Rocket Mortgage

Loan start date

December 2021

Original loan amount

$293,250

Est. remaining balance

$251,200

Interest rate

2.33%

Loan type

New Conventional, 15 year

Seller

James Pittman Hooks

Lender

New Century Mortgage Corp

Loan start date

February 2007

Original loan amount

$245,000

Est. remaining balance

$157,575

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

James P Hooks and Jennifer P Hooks

Lender

New Century Mortgage Corp

Loan start date

October 2004

Original loan amount

$171,000

Est. remaining balance

$93,594

Interest rate

5.83%

Loan type

Not Provided, 30 year

Seller

James Pittman Hooks and Jennifer A Pendergrass

Lender

Nicholas Keller

Loan start date

October 2003

Original loan amount

$19,215

Est. remaining balance

$10,039

Interest rate

6.28%

Loan type

Not Provided, 30 year

Seller

James Pittman Hooks and Jennifer A Pendergrass

Lender

Southstar Funding Llc

Loan start date

July 2003

Original loan amount

$125,550

Est. remaining balance

Not provided

Interest rate

8.5%

Loan type

Not Provided, 30 year

Seller

James Pittman Hooks and Jennifer Pendergrass

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: 07/04/2024 at 11:00 PM

Listing updated: 06/09/2024 at 7:13 AM

Listed by: Renee Young, Realty ONE Group DocksideNorth Phone #: (843) 663-4030

MLS: MyrtleBeach #2402319

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