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$650,000

Beds
3
Baths
2.0
sq ft
1,901

5512 Springs Ave, Myrtle Beach, SC 29577

5512 Springs Ave

Myrtle Beach, SC 29577

  • 26 days on market
    • Price drop $25,000↓
Want to live in The Avenues walking distance from the beach in a low risk flood zone with no HOA? Well, here's your ticket to paradise! This charming 3-bedroom, 2-bathroom beach cottage is only 1.5 blocks away from the waves. It's got that classic beach vibe but with all the modern upgrades you could ask for – think new roof, HVAC, windows, and more! As you stroll up the path flanked by beautiful oak trees and winding pavered walkways, you'll reach the cozy front porch, where you can kick back and relax, with Gray Park just across the street for added ambiance. Inside, the original hardwood floors lead you through two spacious living areas, a dining room, and up to three bedrooms and a stylish bathroom with a double sink and walk-in shower. Need more space? No problem! There's a whole attic just waiting to be used for storage. Downstairs, the den with its inviting fireplace could easily become a fourth bedroom. Now, let's talk about the heart of the home – the kitchen. With its terracotta tile floors, corian countertops, tile backsplash, and stainless steel appliances, it's a chef's paradise. Plus, there's a breakfast bar overlooking the second living area, which opens up to your own backyard oasis! Step outside and discover your very own fenced-in retreat, surrounded by lush trees. And if you're thinking about adding a hot tub or outdoor kitchen, the groundwork is already laid – literally! There's electricity ready to go by the concrete pad, and water and gas are set up on the covered side of the house. Can you imagine the fun you could have here? The possibilities are endless!

Details

Property type

Single Family Residence

Est. home value

$592,304

Lot size

7,405 sq ft

Price per sq ft

$342

Year built

1947

HOA

Yes

Price History

06/29/2024
MyrtleBeach

MyrtleBeach #2413567

Price change
$650,000
-3.7%
06/05/2024
MyrtleBeach

MyrtleBeach #2413567

Listed
$675,000

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

$327,727
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$270,273
Cash to seller
$327,727

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

Seller’s Loan History

Lender

Coastal Carolina National Bank

Loan start date

December 2015

Original loan amount

$328,700

Est. remaining balance

$270,273

Interest rate

3.87%

Loan type

Not Provided, 30 year

Seller

Ryan A Moore and Alexandra K Moore

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: 07/01/2024 at 11:10 AM

Listing updated: 06/29/2024 at 10:13 AM

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

MLS: MyrtleBeach #2413567

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