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$850,000

Beds
5
Baths
3.5
sq ft
2,364

703 14th Ave S, North Myrtle Beach, SC 29582

703 14th Ave S

North Myrtle Beach, SC 29582

  • 85 days on market
    • Price drop $50,000↓
REDUCED FOR QUICK SALE. Seller offering a 1/2 point interest rate buy-down. Experience coastal living at its finest in this fully renovated and furnished home at 703 14th Avenue South, North Myrtle Beach, SC. Renovated in 2024, this 5-bedroom, 3.5-bathroom residence is 100% turnkey and already a successful rental property, offering tremendous potential if you choose to continue renting it out. Located just 0.3 miles from the white sand beaches and beautiful waters of the Atlantic Ocean, and with no HOA, you have the freedom to truly make this property your own. The renovation includes a 450 square-foot addition, featuring a master bedroom with an en suite and a spacious closet. Modern upgrades include a Bosch three-way mini split, a new half bath, and a fully renovated upstairs bathroom. The entire home has been outfitted with new outlets, switches, recessed lighting, ceiling fans, and fixtures, ensuring a contemporary and efficient living space. All new appliances, including a refrigerator, oven, dishwasher, and microwave, complement the updated interior, which features fresh paint inside and out, and all-new flooring throughout. The exterior has been equally transformed, with a new, larger wraparound deck perfect for entertaining, complete with a hot tub. A new driveway has been added, and the backyard has been fully redone, including new fencing for added privacy. The house comes fully furnished with brand new furniture and mattresses, making it completely move-in ready. This prime location offers close proximity to Barefoot Landing and all that North Myrtle Beach has to offer, ensuring convenience and entertainment for you, your guests, and potential renters.

Details

Property type

Single Family Residence

Est. home value

$563,315

Lot size

0.23 acres

Price per sq ft

$360

Year built

1981

HOA

Yes

Price History

09/24/2024
MyrtleBeach

MyrtleBeach #2418904

Price change
$850,000
-5.56%
08/15/2024
MyrtleBeach

MyrtleBeach #2418904

Listed
$900,000
+62.16%
10/25/2023
MyrtleBeach

MyrtleBeach #2316504

Sold
$555,000

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

$342,902
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$439,098
Cash to seller
$342,902

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

Seller’s Loan History

Lender

Lendsure Mortgage

Loan start date

October 2023

Original loan amount

$443,500

Est. remaining balance

$439,098

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Better Together Nmb Llc

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 1:20 PM

Listing updated: 09/25/2024 at 9:08 AM

Listed by: Jason Ellis, JTE Real Estate Phone #: (843) 284-7149

MLS: MyrtleBeach #2418904

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