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$914,000

Beds
4
Baths
4.0
sq ft
2,400

311 51st Ave N, North Myrtle Beach, SC 29582

311 51st Ave N

North Myrtle Beach, SC 29582

  • 42 days on market
    • Price drop $10,000↓
    • Open house Nov 09
Open House Alert!!! Saturday 11/9 1pm - 3pm Discover a large, fully furnished waterfront channel house with incredible marsh views and no HOA. More than a home, this property is a lifestyle. One block from the beach, Enjoy fishing, crabbing, or swimming from your oversized dock, and unwind at your tiki bar with an 8-person hot tub. Take your boat into the marsh or to the ocean right from your private dock. Walk home from the beach and wash the sand off your feet in your outdoor shower featuring wood tiles and hot water. The tiki bar/patio is completely fenced in! Perfect as an investment property or retirement home in highly sought-after Cherry Grove. This huge 4-bedroom, 4-bathroom home features ensuite bathrooms for every bedroom, with no shared walls for added privacy. The luxurious primary suite includes a spacious walk-in closet and a beautiful tiled walk-in shower. The sunroom provides an extra hangout spot, or you can add a sleeper sofa for more guests. The additional downstairs living room allows everyone to have some privacy even while vacationing together. For investors, each guest bedroom can accommodate two queens, allowing for up to 18 guests, including the sofa bed, which conveys. The massive kitchen is equipped with a double oven, walk-in pantry, and breakfast bar. The home is full of charming touches like original hardwood floors, an electric fireplace, and crown molding. The downstairs apartment is perfect for guests, an in-law suite, or rental income while you live upstairs. Packed with amenities, this home also includes a workshop with a toilet and sink, ample shelving, and pegboard. There's a huge garage and a massive unfinished attic with vaulted ceilings, currently used as a sewing room. With a 30-amp RV plug and easy boat access to the ocean, you’re set for adventure. It’s within walking distance to the 53rd St. fishing bridge and Heritage Shores Nature Preserve. Please note: The boat in the image does not convey. Seller is a South Carolina Realtor.

Details

Property type

Single Family Residence

Est. home value

$770,484

Lot size

6,098 sq ft

Price per sq ft

$381

Year built

1990

HOA

Yes

Price History

11/06/2024
MyrtleBeach

MyrtleBeach #2422421

Price change
$914,000
-1.08%
10/24/2024
MyrtleBeach

MyrtleBeach #2422421

Price change
$924,000
-0.54%
10/06/2024
MyrtleBeach

MyrtleBeach #2422421

Price change
$929,000
-1.38%

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North 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

$518,143
Asking price
$914,000
Closing costs (~8% of asking)
-$73,120
Est. remaining loan balance
-$322,737
Cash to seller
$518,143

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

Seller’s Loan History

Lender

Guild Mortgage

Loan start date

March 2020

Original loan amount

$356,000

Est. remaining balance

$322,737

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Pallas Forcella and Matthew

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: 11/08/2024 at 7:50 AM

Listing updated: 11/07/2024 at 7:50 AM

Listed by: Pallas Forcella, Weichert Realtors Southern Coast Phone #: (843) 280-4445

MLS: MyrtleBeach #2422421

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