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5515 Springs Avenue

5515 Springs Avenue, Myrtle Beach, SC 29577
House in Horry
Sold Sep 24, 2020
$560,000
$448,000 by Coastal Carolina National Bank
Mortgage Due Jan 01, 2050
Sold Sep 19, 2008
$430,000
5515 Springs Avenue has been categorized by the local assessors in Myrtle Beach, SC as a residential type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 2015. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5515 Springs Avenue has 2,144 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,810 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of concrete. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5515 Springs Avenue was last sold in Sep 22, 2020 for $560,000. According to our calculations, that's $261.19 per sqft. Prior to that sales transaction, the property was sold for $430,000 in Sep 19, 2008. Current property owners are expected to pay $2,114 in taxes per year. The property on 5515 Springs Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,339. To break that down further, the land itself was valued at $16,917. While improvements to the property were assessed at a total of $16,422. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 2015
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,144
  • Building Area: 2,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOLF CRS
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GOLF CRS SECT; BL 10 LT 20J

Ownership

  • Current Owner : WOOD JOSEPH CARY
  • Current Owner 2: WOOD NATASHA SHAWNA
  • Previous Owner : ROSSABI AMIEL J
  • Owner Before Previous Owner: COASTAL CAPITAL PARTNERS LLC

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 050402

Geography

  • Parcel: 421-15-02-0469
  • Lot: 20J
  • Municipality: MYRTLE BEACH
  • Latitude: 33.7287
  • Longitude: -78.8391

    Address

  • Full Address: 5515 Springs Ave
  • Address - House Number: 5515
  • Address - Street Name: Springs
  • Address - Suffix Type: Ave
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: C022
  • 4-Digit Zip Code: 2313
  • Zip Code: 29577

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,114
  • Tax Rate Code Area: 880

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 826,506
  • High Value: 969,795
  • Low Value: 683,217

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $688,000
  • First Open Lien Mortgage Lender: COASTAL CAROLINA NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $448,000
  • 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: Jan 01, 2050
  • Second Open Lien Mortgage Lender: ANDERSON BROTHERS BANK
  • Second Open Lien Mortgage Recording Date: Apr 18, 2022
  • Second Open Lien Mortgage Loan Amount: $240,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $555,650
  • Market Land Value: $281,950
  • Market Improvement Value: $273,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,339
  • Assessed Land Value: $16,917
  • Assessed Improvements Value: $16,422

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11812726040
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 19, 2008
  • Previous Sale Contract Date: Sep 19, 2008
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL CAROLINA NATIONAL BANK
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $448,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5515 Springs Avenue located in?
The 5515 Springs Avenue is a house located in the neighborhood of Horry in Myrtle Beach, Myrtle Beach.
What is the average sales price for listings in 5515 Springs Avenue?
The average sales price for units in 5515 Springs Avenue is $0 currently.

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