NOT LISTED FOR SALE

1023 Cedar Dr S Surfside Beach, SC 29575

Sparrow Neighborhood

Estimated Value: $293,000 - $392,000

3 Beds
1 Bath
1,027 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $300,000 $292 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,964/month

40 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Central Heating and Cooling System
  • Seaside Elementary Rated A-
  • Front Porch
  • 1-minute walk to All Childrens Park

About This Home

As of July 2024

Welcome to your very own Surfside Beach dream retreat! This charming 70's beach cottage is just a short 1/2-mile golf cart ride to the beach. With 3 cozy bedrooms and 1 bath, there's plenty of room for your family and friends to relax and unwind. Embrace the renovation project and let your creativity soar as you remodel this bungalow-style ranch. Enjoy lazy afternoons on the covered front porch or take advantage of the large backyard, perfect for adding your own outdoor entertainment oasis. Don't forget the convenient outside shower, ideal for rinsing off the sand after a day at the beach. Seize this opportunity to bring your personal touch and transform this beach cottage into your own beachside haven!

Last Listed By

Rick Knight

HIGHGARDEN REAL ESTATE License #39000 Listed on: 05/09/2024

HIGHGARDEN REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 1975

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R01

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Wood Frame Construction

Interior Spaces

  • 1,027 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Carpet
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Front Porch

Location

  • East of US 17

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Four Sided Lot Measurement: 66x134x64x140
  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart
  • Estimated Year Built: 1975
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 05/09/2024
  • Sold Total Heated Sq Ft: 1027
  • Sold Total Sq Ft: 1027
  • Style: Ranch
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 3
  • Total Heated Sq Ft: 1027
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Other Rooms: 1st Floor Bedrooms
  • Kitchen Type: Range
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 3
  • Dining Room Type: Area
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 1027

Exterior Features

  • Exterior Features: Deck, Front Porch
  • Exterior Finish: Wood Frame
  • Foundation: Crawl
  • Number Of Acres: 0.2

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Water Public, Sewer

Schools

  • Elementary School: Seaside Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Lot Location: East Of Bus 17, East Of Highway 17 Bypass
  • Zoning: R01

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 29, 2024
Sold by
Penninger Joe E
Bought by
Walker Rodney and Walker Nusret
Seller's Agent
Rick Knight
HIGHGARDEN REAL ESTATE
Buyer's Agent
Jodie Spencer
The Litchfield Company RE-MB
List Price
$359,000
Sold Price
$300,000
Premium/Discount to List
-$59,000
-16.43%
Total Days on Market
40
Views
161
Current Estimated Value
$342,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,835
Avg. Annual Appreciation
15.87%
Original Mortgage
$240,000
Outstanding Balance
$238,769
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$95,786

Purchase Details

Closed on
Apr 27, 2000
Sold by
Penninger Margaret W
Bought by
Penninger Joe E and Penninger Peggy D

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walker Rodney $300,000 --
Penninger Joe E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Rodney $240,000
Previous Owner Penninger Joe E $68,000
Previous Owner Penninger Joe E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $300,000 -6.2% $292 / Sq Ft
06/03/2024 06/03/24 Price Changed $319,900 -5.9% $311 / Sq Ft
05/22/2024 05/22/24 Price Changed $339,900 -5.3% $331 / Sq Ft
05/09/2024 05/09/24 For Sale $359,000 -- $350 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $595 $5,978 $3,598 $2,380
2023 $595 $5,978 $3,598 $2,380
2021 $505 $12,556 $8,986 $3,570
2020 $702 $12,556 $8,986 $3,570
2019 $702 $12,556 $8,986 $3,570
2018 $0 $7,798 $4,552 $3,246
2017 $565 $7,798 $4,552 $3,246
2016 -- $7,798 $4,552 $3,246
2015 $565 $7,798 $4,552 $3,246
2014 $527 $7,798 $4,552 $3,246
Source: Public Records

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2411424

Coastal Carolinas Association of REALTORS®

APN: 46212020297