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$389,900

Beds
3
Baths
2.0
sq ft
2,397

1600 Gibson Ave, Myrtle Beach, SC 29575

1600 Gibson Ave

Myrtle Beach, SC 29575

  • <1 day on market
Discover this beautifully remodeled one-level brick home, located just over a mile from the beach near the picturesque city of Surfside Beach. The newly updated kitchen features butcher block countertops, stainless steel appliances (including a refrigerator, oven with range hood, and dishwasher), new shelving, a pantry area, and modern lighting fixtures throughout. The bedrooms and bathrooms have also been tastefully updated and remodeled. Offering three spacious living areas, this home provides ample flexibility for entertainment, relaxation, or work-from-home needs. The private, fenced-in backyard includes an inground pool, ready for summer enjoyment—a new liner will be needed. Situated on a large corner lot, the property offers plenty of space to grow while enjoying the charm of coastal living. Conveniently located near top-rated restaurants, grocery stores, and pharmacies, this home combines comfort, style, and an unbeatable location.

Details

Property type

Single Family Residence

Est. home value

$352,870

Lot size

0.40 acres

Price per sq ft

$163

Year built

1977

Monthly HOA fee

$77

Price History

01/31/2025
MyrtleBeach

MyrtleBeach #2502415

Listed
$389,900
+90.2%
03/24/2021
MyrtleBeach

MyrtleBeach #2023729

Sold
$205,000
+62.83%
11/21/2014
MyrtleBeach

MyrtleBeach #1310708

Sold
$125,900

Schools & Community

Elementary school: 

Lakewood Elementary School

Middle school: 

Socastee Middle School

High school: 

Socastee 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

$97,844
Asking price
$389,900
Closing costs (~8% of asking)
-$31,192
Est. remaining loan balance
-$260,864
Cash to seller
$97,844

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

Seller’s Loan History

Lender

Platinum Home Mortgage

Loan start date

March 2021

Original loan amount

$285,731

Est. remaining balance

$260,864

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Kenneth P Nelson

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?

Status: Active

Tomo last checked: 01/31/2025 at 10:55 PM

Listing updated: 01/31/2025 at 12:10 PM

Listed by: Mitch Gainforth, Gainforth Real Estate Phone #: (843) 446-4764

MLS: MyrtleBeach #2502415

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