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$364,900

Beds
3
Baths
2.5
sq ft
1,736

1557 Elizabeth Rd, Myrtle Beach, SC 29577

1557 Elizabeth Rd

Myrtle Beach, SC 29577

  • 45 days on market
    • Price drop $5,000↓
Here is the opportunity you've been waiting for in the perfect location! NO HOA home outside of city limits, less than a mile to Broadway At The Beach and only 2 miles to the sandy shores! This charming 3 bed 2.5 bath home, just off 17 Bypass, has seen a complete renovation from outside-in. The exterior has fresh paint and a large carport which could fit most vehicles / boats. The back yard has been fully fenced in and a large 20'x21' deck added to enjoy your morning coffee or relaxing after a fun filled day at the beach! Inside floors and paint have been redone throughout giving a modern feel to the vintage charm. The kitchen has all new cabinets, new appliances and granite countertops. Bathrooms have new vanities, fixtures, toilets and updated shower in the upstairs en-suite. There is a natural gas fireplace in the large living room with a dining area connecting the kitchen. Currently all three spacious bedrooms are upstairs, however if maximizing "heads in beds", there is a second living area/office space downstairs that could easily be converted to a 4th bedroom! This is a great opportunity to be in the heart of this thriving city and close to everything Myrtle Beach has to offer. Whether a primary home, vacation home, STR or long term rental, at this price point you won't find a better deal! Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Details

Property type

Single Family Residence

Est. home value

$291,978

Lot size

3,920 sq ft

Price per sq ft

$211

Year built

1983

HOA

Yes

Price History

08/20/2024
MyrtleBeach

MyrtleBeach #2416421

Price change
$364,900
-1.35%
08/05/2024
MyrtleBeach

MyrtleBeach #2416421

Price change
$369,900
-1.33%
08/01/2024
MyrtleBeach

MyrtleBeach #2416421

Price change
$374,900
-1.32%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

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

$196,036
Asking price
$364,900
Closing costs (~8% of asking)
-$29,192
Est. remaining loan balance
-$139,672
Cash to seller
$196,036

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

Seller’s Loan History

Lender

Finance Of America

Loan start date

September 2017

Original loan amount

$162,087

Est. remaining balance

$139,672

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Matthew C Graves and Lisa B Graves

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: 08/26/2024 at 2:55 AM

Listing updated: 08/20/2024 at 3:04 PM

Listed by: Asbury Coastal Group, CB Sea Coast Advantage CF Phone #: (843) 903-4400

MLS: MyrtleBeach #2416421

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