NOT LISTED FOR SALE

1025 Penny Ln Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $208,914 - $225,000

2 Beds
2.5 Baths
1,270 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 04, 2015

Last sale price $97,000 $76 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,467/month

268 Days on Market

Highlights

  • Gated Community
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Community Pool
  • Vaulted Ceiling
  • Screened Porch
  • Breakfast Area or Nook

About This Home

As of February 2015

Townhouse in the middle of the grand strand! - Close to the Beach, shopping, restaurants, airport, golf courses, and the comfort of a gated community. What could be better! Great second home opportunity! Rentals allowed if you are looking for that investment unit. This home has received a fresh coat of paint, new laminate floors and new bedroom carpets! Home also offers Two Large Bedrooms each with their own Full Bath. Half bath on first floor as well. Good storage inside and out, with a water view off of the screened in back porch. A must see!

Last Agent to Sell the Property

Wayne Zimmerman

The Litchfield Company RE-MB License #86950 Listed on: 04/09/2014

The Litchfield Company RE-MB

Last Buyer's Agent

Bruce Lynch

Intuit Real Estate License #47867

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • Cul-De-Sac

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,270 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Area
  • Screened Porch
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Lot Description: Cul-De-Sac
  • Amenities Available: Pool-Outdoor Community, Owner Allowed Pet, Home Owners Assn Fee, Gated Community, Long Term Rental Allowed
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Laminate
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 199
  • HOA Management Company: 843-357-4515
  • Living Room Type: Ceiling Fan
  • Sold Total Heated Sq Ft: 1270
  • Sold Total Sq Ft: 1320
  • Total Heated Sq Ft: 1270
  • Building Style: Low-Rise 2-3 Stories
  • Exterior Unit Features: Outside Storage Attached
  • Gross Annual Rental Incom: 9600
  • HOA Fees include insurance: Yes
  • Project Section Code: Parkview Subdivision - 17th Ave. S
  • Which Floor: 01
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Bedroom 1: 13x13
  • Dining Room: 9x13
  • Interior Amenities: Smoke Detector, Washer/Dryer
  • Kitchen: 10x15
  • Living Room: 16x16
  • Master Bedroom: 13x13
  • Other Rooms: First Floor Bathrooms, Screened Porch
  • Primary Bathroom: Tub, Shower
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Work Island, Breakfast Bar, Breakfast Nook, Oven, Microwave
  • Master Bedroom Type: Vaulted/Cathedral Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 2
  • Dining Room Type: Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 1320

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Assigned

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Vailionis Egidijus
Bought by
Vailionis Egidijus and Vailionis Ramune
Total Days on Market
268
Current Estimated Value
$215,729

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jan 31, 2015
Sold by
Riggio Jeff
Bought by
Vailionis Egidijus
Seller's Agent
Wayne Zimmerman
The Litchfield Company RE-MB
Buyer's Agent
Bruce Lynch
Intuit Real Estate
List Price
$115,500
Sold Price
$97,000
Premium/Discount to List
-$18,500
-16.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$77,600
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 25, 2009
Sold by
Murphy Frank P
Bought by
Murphy Jeanette G

Purchase Details

Closed on
Jun 20, 2009
Sold by
Murphy Jeanette G
Bought by
Riggio Jeff

Purchase Details

Closed on
Mar 28, 2007
Sold by
Staib Laura A
Bought by
Murphy Frank

Purchase Details

Closed on
Dec 13, 2005
Sold by
Portrait Homes South Carolina Llc
Bought by
Riggio Jeff and Staib Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,900
Interest Rate
6.18%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Vailionis Egidijus -- --
Vailionis Egidijus $97,000 --
Murphy Jeanette G -- --
Riggio Jeff -- --
Murphy Frank -- Attorney
Riggio Jeff $159,238 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vailionis Egidijus $77,600
Previous Owner Riggio Jeff $15,900
Previous Owner Riggio Jeff $127,276
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2015 02/04/15 Sold $97,000 -16.0% $76 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
04/09/2014 04/09/14 For Sale $115,500 -- $91 / 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 -- $4,784 $952 $3,832
2023 $730 $4,784 $952 $3,832
2021 $3,113 $5,368 $1,024 $4,344
2020 $380 $5,368 $1,024 $4,344
2019 $366 $5,368 $1,024 $4,344
2018 $0 $4,160 $828 $3,332
2017 $318 $4,160 $828 $3,332
2016 $0 $4,160 $828 $3,332
2015 -- $5,036 $828 $4,208
2014 $1,909 $7,554 $1,242 $6,312
Source: Public Records

Agents Affiliated with this Home

  • Wayne Zimmerman

    Seller's Agent in 2015

    Wayne Zimmerman

    The Litchfield Company RE-MB

    (843) 620-4331

    Section Image

  • B

    Buyer's Agent in 2015

    Bruce Lynch

    Intuit Real Estate

    (843) 424-3485

    8 Total Sales

    Bruce Lynch
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1407167

Coastal Carolinas Association of REALTORS®

APN: 44308020018

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

1025 Penny Ln, Myrtle Beach, SC

This home is located at 1025 Penny Ln, Myrtle Beach, SC 29577 since 09 April 2014 and is currently estimated at $215,729, approximately $169 per square foot. This property was built in 2005. 1025 Penny Ln is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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