NOT LISTED FOR SALE

108 Olde Towne Way Unit 3 Myrtle Beach, SC 29588

Estimated Value: $196,933 - $242,000

3 Beds
3 Baths
1,550 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $148,500 $96 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,500/month

48 Days on Market

Highlights

  • Clubhouse
  • Furnished
  • Community Pool
  • Lakewood Elementary Rated A
  • Screened Porch
  • Stainless Steel Appliances

About This Home

As of October 2018

This bright and airy 3 bedroom home has 3 full baths and a private screened porch with a storage room on back. Wellington is popular community with the largest townhouse-style Condo in the area! Oversized bedrooms with large master,double closets and vaulted ceilings! Large master bath with shower and double bowl vanities.Separate laundry room with washer and dryer. Ceiling fans,custom blinds,hardwood bamboo flooring and tile throughout the house. Wonderful investment opportunity on this turn key home. Community is well maintained, pretty landscaping, including magnolias and live oaks and offers a clubhouse and large pool. Furniture is negotiable and wall colors can be changed with the buyers color of choice.Whether you like golf, outlet shopping, great entertainment and dining, or you are just a beach lover home is located in the award-winning schools and within minutes of Tanger Outlet, shopping, dining, Beach, and entertainment galore.Call to see this well priced home before it is too late!

Last Agent to Sell the Property

Larisa Esmat

INNOVATE Real Estate License #96360 Listed on: 07/13/2018

INNOVATE Real Estate

Last Buyer's Agent

Larisa Esmat

INNOVATE Real Estate License #96360 Listed on: 07/13/2018

INNOVATE Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $690

Year Built

  • Built in 2006

Lot Details

  • 5,924

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,550 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Open Floorplan
  • Screened Porch
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Schools

  • Lakewood Elementary School
  • Forestbrook Middle School
  • Socastee High School

Utilities

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

Additional Features

  • Wood patio
  • Fenced

Community Details

Overview

  • Association fees include electric common, water and sewer, pool service, insurance, manager, legal and accounting, common maint/repair, pest control
  • The community has rules related to fencing

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$690

Year Built

Built in 2006

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Vinyl, Wood
  • HOA Fee Frequency: Monthly
  • Great Family Room: 17'5x12'11
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 225
  • HOA Management Company: First Service Residential 843.357.9888
  • Living Room Type: Bar, Ceiling Fan
  • Lvt Date: 07/13/2018
  • Sold Total Heated Sq Ft: 1550
  • Sold Total Sq Ft: 1650
  • Total Heated Sq Ft: 1550
  • Building Style: Townhouse
  • Exterior Unit Features: Fencing, Patio, Insulated Doors/Windows, Storm Doors
  • HOA Fees include insurance: Yes
  • Project Section Code: Wellington - Socastee
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2006

Interior Features

  • Bedroom 1: 11'5X10'9
  • Bedroom 2: 11'5X11'
  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Kitchen: 8'10x11'2
  • Master Bedroom: 17'5x12'11
  • Other Rooms: Foyer, Laundry/Utility, Screened Porch
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Fam/Dr Combo, Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 1650

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Pool Service, Insurance, Manager, Legal And Accounting, Common Maint/Repair, Pest Control

Schools

  • Elementary School: Lakewood Elementary School
  • Middle School: Forestbrook Middle School
  • High School: Socastee High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Lakewood Elementary School
  • HighSchool: Socastee High School
  • Middle School: Forestbrook Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Oct 29, 2018
Sold by
Equity Trust Company
Bought by
Hope Baker Jonathan Lee and Hope Marlena
Seller's Agent
Larisa Esmat
INNOVATE Real Estate
Buyer's Agent
Larisa Esmat
INNOVATE Real Estate
List Price
$149,000
Sold Price
$148,500
Premium/Discount to List
-$500
-0.34%
Total Days on Market
48
Current Estimated Value
$217,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,983
Avg. Annual Appreciation
5.96%
Original Mortgage
$144,045
Outstanding Balance
$127,645
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$89,838

Purchase Details

Closed on
Jun 11, 2018
Sold by
Sanchez Myriam
Bought by
Equity Trust Company

Purchase Details

Closed on
Sep 9, 2005
Sold by
Centex Homes
Bought by
Sanchez Myriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,968
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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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
Hope Baker Jonathan Lee $148,500 --
Equity Trust Company $117,500 --
Sanchez Myriam $149,968 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hope Baker Jonathan Lee $144,045
Closed Hope Baker Jonathan Lee $144,045
Closed Hope Baker Jonathan Lee $7,202
Previous Owner Sanchez Myriam $149,968
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $148,500 +0.3% $96 / Sq Ft
08/14/2018 08/14/18 Price Changed $148,000 -0.7% $95 / Sq Ft
07/13/2018 07/13/18 For Sale $149,000 -- $96 / 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 $690 $5,680 $0 $5,680
2023 $690 $5,680 $0 $5,680
2021 $627 $5,680 $0 $5,680
2020 $539 $5,680 $0 $5,680
2019 $539 $5,680 $0 $5,680
2018 $313 $3,000 $0 $3,000
2017 $298 $3,000 $0 $3,000
2016 -- $7,875 $0 $7,875
2015 $304 $3,000 $0 $3,000
2014 $282 $3,000 $0 $3,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1814787

Coastal Carolinas Association of REALTORS®

APN: 44100000110