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$1,147,000

Beds
5
Baths
4.0
sq ft
2,274

337 59th Ave N, North Myrtle Beach, SC 29582

337 59th Ave N

North Myrtle Beach, SC 29582

  • 57 days on market
    • Price drop $23,000↓
Nestled in the heart of the beautiful Cherry Grove area of North Myrtle Beach, this direct channel front, raised beach home offers the ultimate coastal lifestyle. With 4 bedrooms and 3 baths on the main level and an additional bedroom and bath on the ground level, there's plenty of space for family and guests. The home has been beautifully updated with luxury vinyl plank flooring, fresh paint, updated fixtures, and stylish décor, including new TVs, curtains, and furniture. The modern kitchen boasts an island/breakfast bar and dining area, perfect for casual dining, and the spacious living room offers an additional dining area along with breathtaking views of the channel. Step outside to your backyard oasis, complete with a waterfront deck and private boat dock with deep channel water, perfect for boating and fishing. Enjoy the outdoors year-round with a covered outdoor living space, sun lounging area, covered swing with direct channel views, and a rear covered porch. Additional features include a laundry room, 2-car garage and a workshop/storage room. Located just two blocks from the Atlantic Ocean and a short walk to Cherry Grove Point, this home is perfect as a permanent residence, vacation getaway, or lucrative vacation rental. Don't miss out on this rare waterfront gem!

Details

Property type

Single Family Residence

Est. home value

$810,944

Lot size

6,534 sq ft

Price per sq ft

$505

Year built

1970

HOA

Yes

Price History

11/12/2024
MyrtleBeach

MyrtleBeach #2422363

Price change
$1,147,000
-1.97%
09/26/2024
MyrtleBeach

MyrtleBeach #2422363

Listed
$1,170,000
+41.99%
10/06/2023
MyrtleBeach

MyrtleBeach #2320579

Sold
$824,000

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

$440,486
Asking price
$1,147,000
Closing costs (~8% of asking)
-$91,760
Est. remaining loan balance
-$614,754
Cash to seller
$440,486

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

Seller’s Loan History

Lender

Franklin Bank And Trust

Loan start date

October 2023

Original loan amount

$625,000

Est. remaining balance

$614,754

Interest rate

7.09%

Loan type

New Conventional, 25 year

Seller

Npg Properties

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: 11/22/2024 at 3:00 AM

Listing updated: 11/12/2024 at 1:50 PM

Listed by: Traci Miles Team, CENTURY 21 Boling & Associates Phone #: (843) 449-2121

MLS: MyrtleBeach #2422363

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