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3305 South Ocean Boulevard

3305 South Ocean Boulevard, North Myrtle Beach, SC 29582
Property in Horry
Sold Feb 12, 2024
$2,800,000
$3,600,000 by Coastal Carolina National Bank
Mortgage Due Feb 12, 2054
Sold Jan 03, 2020
$900,000
$905,000 by Arbone Aca
Mortgage Due Jan 01, 2029
Local assessors in North Myrtle Beach, SC have categorized 3305 South Ocean Boulevard as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 9,148 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3305 South Ocean Boulevard has a total of 1,526 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of concrete were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The property was last sold in Feb 9, 2024 for $2,800,000. That's $1,834.86 per sqft. Prior to that sales transaction, the property was also sold in Dec 30, 2019 for $900,000. 3305 South Ocean Boulevard was last assessed in 2023. The total value of the property was assessed at $60,312. Specifically, the land the property is located on was valued at $54,000. While improvements on the property were assessed at a total of $6,312. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $25,452. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete
  • Building Style: Quadplex
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,526
  • Gross Building Area: 1,526
  • Building Area: 1,526
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,526
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINDY HILL BEACH
  • Land Acres: 0.21
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: WINDY HILL BEACH; LT 26 BL B

Ownership

  • Current Owner : L4 FARMS LLC
  • Previous Owner : FREEDMAN WILLIAM BARRY
  • Owner Before Previous Owner: WOODSON THOMAS R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 040500

Geography

  • Parcel: 391-04-03-0234
  • Lot: 26
  • Municipality: NORTH MYRTLE BEACH
  • Latitude: 33.7989
  • Longitude: -78.7186

    Address

  • Full Address: 3305 S Ocean Blvd
  • Address - House Number: 3305
  • Street Direction: S
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: SC
  • City Name: North Myrtle Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 4876
  • Zip Code: 29582

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,452
  • Tax Rate Code Area: 550

    Appraisal Valuation

  • Standard Deviation: 0.2448
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 492,126
  • High Value: 612,636
  • Low Value: 371,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,600,000
  • First Open Lien Mortgage Lender: COASTAL CAROLINA NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 12, 2024
  • First Open Lien Mortgage Loan Amount: $3,600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 12, 2054

    Market Valuation

  • Market Total Value: $1,005,200
  • Market Land Value: $900,000
  • Market Improvement Value: $105,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,312
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $6,312

    Sales

  • Current Sale Contract Date: Feb 09, 2024
  • Current Sale Recording Date: Feb 12, 2024
  • Current Sale Transaction ID: 11921395271
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2024000014935
  • Previous Sale Recording Date: Jan 03, 2020
  • Previous Sale Contract Date: Dec 30, 2019
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL CAROLINA NATIONAL BANK
  • First Mortgage Transaction Date: Feb 12, 2024
  • First Mortgage Loan Amount: $3,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: ARBONE ACA
  • Previous Mortgage Transaction Date: Jan 03, 2020
  • Previous Mortgage Loan Amount: $905,000
  • Previous Mortgage Term: 107
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2029

About North Myrtle Beach



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3305 South Ocean Boulevard located in?
The 3305 South Ocean Boulevard is a located in the neighborhood of Horry in North Myrtle Beach, North Myrtle Beach.
What is the average sales price for listings in 3305 South Ocean Boulevard?
The average sales price for units in 3305 South Ocean Boulevard is $0 currently.

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