1058 Sea Mtn Hwy 11 North Myrtle Beach, SC 29582

2 beds · 2 baths · 1,085 sq ft · Lot Size: 5,513 sq ft · Residential Condominium
Est. Property Value: $229,042
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1058 Sea Mtn Hwy 11 is in the 29582 neighborhood of North Myrtle Beach, SC. It is located in Horry County and ZIP code 29582. This Residential Condominium was built in 2002 and is approximately 23 years old. The residential condominium spans 1085 sq ft with 2 bedrooms and 2 bathrooms and sits on a 5513 sq ft lot. According to public records, it was last sold in 2004 for $118,500 and has a tax-assessed value of $130,000, which is $211 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1058 Sea Mtn Hwy 11 North Myrtle Beach, SC 29582 with Property Intel by Whitepages.

1058 Sea Mtn Hwy 11

North Myrtle Beach, SC 29582

Neighborhood

Owners & Occupancy for 1058 Sea Mtn Hwy 11

No contact information is available.

Occupancy

Current Occupancy******View Occupancy

Property Financials for 1058 Sea Mtn Hwy 11

1058 Sea Mtn Hwy 11, North Myrtle Beach, SC has a mortgage (orig. September 24, 2010). The Horry county assessment for 2023 values it at $130,000, with annual taxes of $1,697.

Mortgage & Equity Information

Loan Amount$*****
Origination DateSeptember 24, 2010
Interest Rate****%
Term20 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity
View Equity

Property Tax

Purchase DateDecember 28, 2004
Property Tax Amount$1,697 in 2023
Purchase Price$118,500
Assessed Value$130,000 on 2023

Investment Potential for 1058 Sea Mtn Hwy 11

The property has a current estimated value of $229,042, which is 16% below the zip median, based on public records. It last sold on December 28, 2004 for $119K. Projected long-term
is $22,200 annually ($1,850 per month) with a 28% occupancy rate.

Discover more Residential Condominiums in 29582.

Long-Term

Gross Rental
$22,200 per year($1,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
28%in 29582 zip code
 
View Rental Potential

Property Details for 1058 Sea Mtn Hwy 11

Property Details

Property Sq Ft

Living Area

1,085 sq ft

3% above market

Lot Size

5,513 sq ft

59% below market

Price Per Sq Ft

Living Area

$211 / sq ft

21% below market

Lot Size Area

$42 / sq ft

93% above market

Property condition, age, exterior, etc. for 1058 Sea M…
Longitude: -78.644268 Latitude: 33.841869 Parcel Number (APN): 35109020074…

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Discover more residential condominiums near 1058 Sea Mtn Hwy 11 in North Myrtle Beach, South Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1058 Sea Mtn Hwy 11 in Horry County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$229,042
$216,067
$12,975 (6%)
$298,200
-$48,390 (-16%)
YoY Price Change
Year Built
2002
1987
15 years
Living Space
1,085 sq ft
1,060 sq ft
25 (2%)
$ Per Living Sq Ft
$211
$204
$7 (3%)
Lot Size
5,513 sq ft
8,633 sq ft
-3120 (-36%)
$ Per Lot Sq Ft
$42
$25
$16 (64%)

Net Operating Income
$15,398
$463 (3%)
Annual Revenue
$22,200
$22,200
$0 (0%)
$6,038
$301 (5%)
Net Operating Income
$15,398
$463 (3%)
Cap Rate
7.32%
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

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