NOT LISTED FOR SALE

116 Olde Towne Way Unit 3 Myrtle Beach, SC 29588

Estimated Value: $187,214 - $207,000

3 Beds
3 Baths
1,550 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 28, 2012

Last sale price $74,500 $48 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,313/month

79 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Bedroom
  • Screened Porch
  • Lakewood Elementary Rated A
  • Lawn
  • Community Pool

About This Home

As of March 2012

Wonderful Wellington! Popular community with the largest townhomes in the area! Mint condition! One owner only used as second home! Palmetto Pointe Blvd. is located just South of the airport, Market Common,Coastal Mall! Close to the Beach! 3 Bedrooms with 3 full baths! Open kitchen with all appliances! Light and bright living room that overlooks covered screened patio! Wooded lot location for privacy! 1 bedroom is located on the 1st floor and the other 2 are on the second floor! Oversized bedrooms with large master,double closets and vaulted ceilings! Large masterbath with shower and double bowl vanities! Separate laundry room with washer and dryer! Ceiling fans throughout! Wonderful investment opportunity on this turn key home! Community is well maintained and offers a sparkling pool for hot summer days!

Last Agent to Sell the Property

Lynne Mooney

Palmetto Pointe Realty, Inc. License #66328 Listed on: 11/09/2011

Last Buyer's Agent

Deb Lewis

S.H. June & Associates, LLC License #80712

S.H. June & Associates, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $270

Year Built

  • Built in 2006

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,550 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family or Dining Combination
  • Screened Porch
  • Carpet

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Patio
  • Lawn

Community Details

Overview

  • Association fees include water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, common maint/repair
  • Low-Rise Condominium

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$270

Year Built

Built in 2006

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Lawn Maintenance
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 247
  • HOA Management Company: Omni 843-236-3763
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Sold Total Heated Sq Ft: 1550
  • Sold Total Sq Ft: 1550
  • Total Heated Sq Ft: 1550
  • Building Style: Low-Rise 2-3 Stories
  • Exterior Unit Features: Patio, Rear Porch, Outside Storage Attached
  • HOA Fees include insurance: Yes
  • Project Section Code: Wellington - Socastee
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2006

Interior Features

  • Bedroom 1: 11x11
  • Bedroom 2: 11x11
  • Interior Amenities: Wind Treat. Convey, Washer/Dryer
  • Kitchen: 12x12
  • Living Room: 17x13
  • Master Bedroom: 18x13
  • Other Rooms: First Floor Bedrooms, Foyer, Laundry/Utility, Screened Porch
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Work Island
  • Master Bedroom Type: Vaulted/Cathedral Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 1550

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Assigned

Utilities

  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Manager, Common Maint/Repair

Schools

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

Lot Info

  • Zoning: residentia

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
Nov 9, 2011
Closed on
Mar 27, 2012
Sold by
Heisler Stephen M
Bought by
Everitt Edward
Seller's Agent
Lynne Mooney
Palmetto Pointe Realty, Inc.
Buyer's Agent
Deb Lewis
S.H. June & Associates, LLC
List Price
$94,500
Sold Price
$74,500
Premium/Discount to List
-$20,000
-21.16%
Current Estimated Value
$197,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,054
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Feb 16, 2006
Sold by
Centex Homes
Bought by
Heisler Stephen M and Heisler Linda
Source: Public Records

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
Everitt Edward $74,500 --
Heisler Stephen M $165,832 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2012 03/28/12 Sold $74,500 -21.2% $48 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
11/09/2011 11/09/11 For Sale $94,500 -- $61 / 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 $270 $13,500 $0 $13,500
2023 $270 $8,520 $0 $8,520
2021 $227 $8,520 $0 $8,520
2020 $171 $8,520 $0 $8,520
2019 $171 $8,520 $0 $8,520
2018 $0 $4,500 $0 $4,500
2017 $119 $4,500 $0 $4,500
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

  • Lynne Mooney

    Seller's Agent in 2012

    Lynne Mooney

    Palmetto Pointe Realty, Inc.

    (843) 294-9200

    28 in this area

    57 Total Sales

    Lynne Mooney
    Section Image

  • D

    Buyer's Agent in 2012

    Deb Lewis

    S.H. June & Associates, LLC

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1118068

Coastal Carolinas Association of REALTORS®

APN: 44100000121

South Carolina Horry County Myrtle Beach 29588

116 Olde Towne Way Unit 3, Myrtle Beach, SC

This home is located at 116 Olde Towne Way Unit 3, Myrtle Beach, SC 29588 since 09 November 2011 and is currently estimated at $197,554, approximately $127 per square foot. This property was built in 2006. 116 Olde Towne Way Unit 3 is a home located in Horry County with nearby schools including Lakewood Elementary, Socastee Middle, and Socastee High 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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