tomo logo

$789,900

Beds
4
Baths
3.0
sq ft
1,776

4801 Lake Dr, North Myrtle Beach, SC 29582

4801 Lake Dr

North Myrtle Beach, SC 29582

  • 169 days on market
    • Price drop $35,100↓
This property offers the best of both worlds! This 4/3 channel front home is only 300 ft. from the Atlantic Ocean! You can see a glimpse of the ocean from the front porch and the public beach is just across the street. All 4 bedrooms as well as the kitchen and great room have access to the front or rear covered porches. The main living space offers an abundance of natural light with vaulted beamed ceilings. The open floor plan includes the kitchen, dining, and great room within the center of the home and 2 bedrooms on each side. The entire lower level is enclosed with garage space, storage, and the laundry room. Plenty of parking for multiple cars, golf cart, and small boat! The public boat launch is just a few blocks away. This home would be ideal for a primary residence, second home, or investment property. The location can't be beat! New roof in 2020. Exterior painted 2024. NO HOA!

Details

Property type

Single Family Residence

Est. home value

$812,904

Lot size

5,227 sq ft

Price per sq ft

$445

Year built

1977

HOA

Yes

Price History

10/20/2024
MyrtleBeach

MyrtleBeach #2413687

Price change
$789,900
-4.25%
07/30/2024
MyrtleBeach

MyrtleBeach #2413687

Price change
$825,000
-2.93%
06/06/2024
MyrtleBeach

MyrtleBeach #2413687

Listed
$849,900
+10.38%

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

$109,807
Asking price
$789,900
Closing costs (~8% of asking)
-$63,192
Est. remaining loan balance
-$616,901
Cash to seller
$109,807

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

Seller’s Loan History

Lender

Success Mortgage Partners

Loan start date

April 2022

Original loan amount

$647,000

Est. remaining balance

$616,901

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Sibonokuhle Mhlope Magombedze and Dzwimbu Dickson Magombedze

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?

Similar Homes Nearby

Price drop
MyrtleBeach
$869,000
4 bd
|
4 ba
|
1,904 sq ft
|
House

304 62nd Ave N, North Myrtle Beach, SC 29582

MyrtleBeach
$725,000
4 bd
|
3 ba
|
1,368 sq ft
|
House

404 32nd Ave N, North Myrtle Beach, SC 29582

Price drop
MyrtleBeach
$859,000
4 bd
|
3.5 ba
|
1,776 sq ft
|
House

312 34th Ave N, North Myrtle Beach, SC 29582

Status: Active

Tomo last checked: 11/22/2024 at 8:10 AM

Listing updated: 10/20/2024 at 10:10 AM

Listed by: Courtney Bergman, RE/MAX Southern Shores Phone #: (843) 839-0200

MLS: MyrtleBeach #2413687

MyrtleBeach logo