NOT LISTED FOR SALE

116 Olde Towne Way Unit 4 Myrtle Beach, SC 29588

Estimated Value: $178,000 - $193,000

2 Beds
2.5 Baths
1,415 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $130,000 $92 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,281/month

20 Days on Market

Highlights

  • Private Pool
  • Deck
  • Lawn
  • Lakewood Elementary Rated A
  • Vaulted Ceiling
  • Solid Surface Countertops

About This Home

As of September 2020

A Townhouse Oasis located in the Wellington community! This 2 Bedroom 2 and a half bathroom townhouse has so many features that can't be ignored. This townhouse has a LARGE master bedroom and full bath that's adjacent to the second large bedroom that has it's own full bathroom as well. Downstairs you will find the space you need to cook in your spacious kitchen, enjoy your meals in your dinning room and kick up and relax in your living room. Step on outside into your screened in covered porch as you enjoy the privacy that's given to you from the fenced in property that's rare in this community. Is it a hot summer day? enter the pool area from the back of your fence as you if you are on a permanent summer vacation. This property would also make a great investment or second home as well. You are only minutes to Market Commons, the beach, Coastal Grand Mall and Broadway at the Beach so don't miss out on this opportunity! Call the listing agent to schedule your showing time.

Last Agent to Sell the Property

Jodi Jordon

ICE Mortgage Technology INC License #108838 Listed on: 07/01/2020

ICE Mortgage Technology INC

Last Buyer's Agent

Alissa Lightman

Realty ONE Group Dockside

Realty ONE Group Dockside

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $451

Year Built

  • Built in 2006

Lot Details

  • Fenced
  • Lawn
  • Land Lease

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,415 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathroom on Main Level
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Schools

  • Socastee Elementary School
  • Socastee Middle School
  • Socastee High School

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, legal and accounting, common maint/repair
  • The community has rules related to fencing

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$451

Year Built

Built in 2006

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Lot Description: Leased, Rectangular
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Lawn Maintenance
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 260
  • HOA Management Company: First Service Residential 843-357-9888
  • Living Room Type: Ceiling Fan
  • Lvt Date: 07/01/2020
  • Sold Total Heated Sq Ft: 1415
  • Sold Total Sq Ft: 1451
  • Total Heated Sq Ft: 1415
  • Building Style: Townhouse
  • Building Location: Outside City Limits
  • Exterior Unit Features: Deck, Fencing, Patio, Pool-Outdoor Private, Outside Storage Attached
  • 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

  • Interior Amenities: Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Enter Through Foyer
  • Other Rooms: First Floor Bathrooms, Laundry/Utility, Screened Porch
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Oven, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Vaulted/Cathedral Ceiling, Ceiling Fan
  • Bedrooms: 2
  • Dining Room Type: Ceiling Fan, Formal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 1451

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Assigned

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Socastee Elementary School
  • Middle School: Socastee Middle School
  • High School: Socastee High School

Lot Info

  • Zoning: MF

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 4, 2020
Sold by
Hyde Heather S
Bought by
Lenhart Richard M and Lenhart Laura L
Seller's Agent
Jodi Jordon
ICE Mortgage Technology INC
Buyer's Agent
Alissa Lightman
Realty ONE Group Dockside
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Total Days on Market
20
Current Estimated Value
$185,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,205
Avg. Annual Appreciation
7.79%
Original Mortgage
$127,645
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2014
Sold by
Mills Stephen and Mesimer Brittany
Bought by
Hyde Heather S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.26%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 17, 2008
Sold by
Szczecinski Jeffrey S
Bought by
Mesimer Brittany

Purchase Details

Closed on
Mar 6, 2006
Sold by
Centex Homes
Bought by
Szczecinski Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,124
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac
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
Lenhart Richard M $130,000 --
Hyde Heather S $85,400 --
Mesimer Brittany $114,000 --
Szczecinski Jeffrey S $156,405 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenhart Richard M $166,870
Closed Lenhart Richard M $127,645
Previous Owner Hyde Heather S $64,000
Previous Owner Szczecinski Jeffrey S $125,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $130,000 +4.0% $92 / Sq Ft
07/01/2020 07/01/20 For Sale $125,000 -- $88 / 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 $451 $5,160 $0 $5,160
2023 $451 $5,160 $0 $5,160
2021 $388 $5,160 $0 $5,160
2020 $372 $5,000 $0 $5,000
2019 $372 $5,000 $0 $5,000
2018 $0 $3,280 $0 $3,280
2017 $323 $3,280 $0 $3,280
2016 -- $8,610 $0 $8,610
2015 $329 $3,280 $0 $3,280
2014 $252 $2,640 $0 $2,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2013316

Coastal Carolinas Association of REALTORS®

APN: 44100000120