NOT LISTED FOR SALE

114 Lake Ct Myrtle Beach, SC 29575

Estimated Value: $708,037 - $837,000

5 Beds
3 Baths
1,940 Sq Ft
$394/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $651,500 $336 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,072/month

179 Days on Market

Highlights

  • RV or Boat Parking
  • Deck
  • Bonus Room
  • Seaside Elementary Rated A-
  • Main Floor Bedroom
  • Furnished

About This Home

As of December 2023

When you walk out of this driveway, you can see straight to the beach access 1.5 blocks away. This raised beach home also sits on Floral Lake; a small neighborhood lake in the heart of Surfside Beach. New roof installed in 2023. Walk right into a summer full of rental income with this beautiful 4 Bedroom 3 Full bath property in a prime location right by the ocean. Enjoy your morning coffee with a lake view located right in your backyard or a sunrise within a five-minute walk. Upon walking in you will be greeted by a graciously sized kitchen and living area. Updated flooring flows through the main level. two bedrooms upstairs and two downstairs with potential for a fifth bedroom currently utilized as storage. Nestled in a coveted no HOA community, this home offers you the freedom to make it your own without any pesky additional fees or restrictions. And with an array of shopping and entertainment options close by, you'll always be just a hop, skip and a jump away from all the action. This unit is fully furnished and turnkey to start your new life at the beach or start making rental income immediately.

Last Agent to Sell the Property

The Forturro Group

Keller Williams The Forturro G Listed on: 05/19/2023

Co-Listed By

Dominic Siciliano

Keller Williams The Forturro G License #131626

Last Buyer's Agent

Brandy Campbell

Century 21 Palms Realty License #83753

Century 21 Palms Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,796

Year Built

  • Built in 1976

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned R3

Parking

  • Carport
  • RV or Boat Parking

Home Design

  • Stilt Home
  • Bi-Level Home
  • Slab Foundation
  • Vinyl Siding
  • Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,940 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,796

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Lot Description: Designated Flood Zone
  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1976
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Laminate, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Living Room Type: Bar, Ceiling Fan
  • Lvt Date: 05/19/2023
  • Sold Total Heated Sq Ft: 1940
  • Sold Total Sq Ft: 2195
  • Style: Raised Beach
  • Type Of Parking: Carport
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1940
  • Geo Subdivision: SC
  • Ground Floor Heated Sq Ft: 545
  • Section Subdivision: Floral Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Lead Based Paint Disclose
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility, Bonus Room
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Range, Dishwasher, Refrigerator, Microwave, Breakfast Bar, Pantry, Range Hood, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 5
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 2195

Exterior Features

  • Exterior Features: Deck, Front Porch, Boat Parking, Outside Storage Detached
  • Exterior Finish: Siding, Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.23

Garage/Parking

  • Type: Detached

Utilities

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

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
  • Zoning: R3

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 19, 2023
Closed on
Dec 20, 2023
Sold by
Mcalister Joseph L
Bought by
Fowles James and Fowles Nora Mcarthur
Seller's Agent
The Forturro Group
Keller Williams The Forturro G
Buyer's Agent
Brandy Campbell
Century 21 Palms Realty
List Price
$875,000
Sold Price
$651,500
Premium/Discount to List
-$223,500
-25.54%
Views
914
Current Estimated Value
$764,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,509
Avg. Annual Appreciation
11.13%
Original Mortgage
$456,050
Outstanding Balance
$449,749
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$314,260

Purchase Details

Listed on
Aug 22, 2014
Closed on
Sep 23, 2015
Bought by
Mcalister Joseph L and Mcalister Elizabeth O
Seller's Agent
Laura Connelly
Dunes Realty Sales
Buyer's Agent
Kyle Young
eXp Realty LLC
List Price
$360,000
Sold Price
$275,000
Premium/Discount to List
-$85,000
-23.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
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
Fowles James $651,500 --
Mcalister Joseph L $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowles James $456,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $651,500 -6.9% $336 / Sq Ft
10/19/2023 10/19/23 Price Changed $700,000 -6.7% $361 / Sq Ft
09/18/2023 09/18/23 Price Changed $749,999 -5.7% $387 / Sq Ft
07/14/2023 07/14/23 Price Changed $795,000 -3.0% $410 / Sq Ft
06/22/2023 06/22/23 Price Changed $820,000 -4.6% $423 / Sq Ft
05/31/2023 05/31/23 Price Changed $859,900 -1.7% $443 / Sq Ft
05/19/2023 05/19/23 For Sale $875,000 +218.2% $451 / Sq Ft
09/23/2015 09/23/15 Sold $275,000 -23.6% $131 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $360,000 -- $172 / 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 $9,796 $19,008 $13,206 $5,802
2023 $9,796 $19,008 $13,206 $5,802
2021 $4,346 $30,564 $24,756 $5,808
2020 $0 $30,564 $24,756 $5,808
2019 $4,731 $30,564 $24,756 $5,808
2018 $0 $16,529 $10,487 $6,042
2017 $3,830 $16,529 $10,487 $6,042
2016 -- $16,529 $10,487 $6,042
2015 $5,915 $25,529 $19,487 $6,042
2014 $3,235 $25,529 $19,487 $6,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2309928

Coastal Carolinas Association of REALTORS®

APN: 46107040110