2 months on rocket

409 2nd Ave S, Myrtle Beach, SC, 29577

$559,900

Home List Price

$6,649*

Closing Credit

0 Baths
1,792 SqFt
$312/SqFt
Multi
Schools Nearby

Location

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409 2nd Ave S, Myrtle Beach$559,900

Buyer Closing Credits

$6,649*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1949
MLS #2404185
StatusActive

About 409 2nd Ave S

The value is in the land! This beautiful parcel can be transformed into one of many possibilities! Raised beach homes, townhouses, multifamily projects are all welcomed. This one will need some vision but the potential is supreme. Home can also be renovated, short term rentals are allowed! Currently, fully rented on a month to month basis. Building is a triplex with a 2 bedroom 1 bathroom unit, and two 1 bed 1 bath units. Needs TLC. The surrounding area and neighboring lots are full of colorful recently constructed multi family units and raised beach homes, producing incredible income and used as vacation homes. Profit potential is major especially with a view of the ocean from the driveway and beach access at the end of the road! Research the area and be rewarded by purchasing this property today!

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 1,792 SqFt

Listing Office:

  • Office Name: Keller Williams Innovate South
  • Office Phone: (843) 443-9400

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

School Info

Assigned Schools Information:

  • Myrtle Beach High School, Public District Grades 9-12
  • Myrtle Beach Intermediate School, Public District Grades 4-5
  • Myrtle Beach Elementary School, Public District Grades 2-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,900
  • Price Per SqFt: $312/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,641
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Myrtle Beach, SC.

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Myrtle Beach, SC

City

Med. Sold Price

$317K

Med. Price/SqFt

$212

Avg. Days On Market

111

# of Sold Homes

401

409 2nd Ave S vs Myrtle Beach

73 DAYS ON ROCKET

-38 Days

$559,900

+$242.8K More

$312/SqFt

+$99 More

KEY TAKEAWAY

This property is $242.8K more than the Median Sold Price and $99/SqFt more than other homes in Myrtle Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CCAR
  • MLS Number: #2404185

Listing Office:

  • Office Name: Keller Williams Innovate South
  • Office Phone: (843) 443-9400

IDX Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,641$11,148
2019$2,641$170,887
2018$2,372$148,597
2017$2,346$148,597

History based on county public records data.

Payment Calculator

$2,862

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,745

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4972513
4
/10

  • Myrtle Beach Elementary School

  • 620 29th Ave N

  • 2.42 miles

  • Public District Grades 2-3

Middle School

school-card-donut-4972514
5
/10

  • Myrtle Beach Intermediate School

  • 3301 N Oak St

  • 2.68 miles

  • Public District Grades 4-5

High School

school-card-donut-4972515
6
/10

  • Myrtle Beach High School

  • 3302 Robert Grissom Parkway

  • 2.74 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,131. Most Myrtle Beach, SC residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29577›409 2nd Ave S

This home is located at 409 2nd Ave S in Myrtle Beach, SC and zip code 29577. This 1,792 square foot home was built in 1949. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $559,900.

In April 2024, from all listings sold in Myrtle Beach, SC there were more than 22 sold above asking price, over 304 sold below and more than 75 were sold right at the asked price. Between March 2024 and April 2024, Myrtle Beach, SC real estate market has seen increase in the number of listings by 4.7%. While the average time on the market in April 2024 was 111 days, the median list price was $317,039.

From Rocket Homes Real Estate and based on county public records data.

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