NOT LISTED FOR SALE

125 Olde Towne Way Unit 5 Myrtle Beach, SC 29588

Estimated Value: $179,000 - $191,000

2 Beds
2.5 Baths
1,400 Sq Ft
$247/mo HOA Fee

Last Sold April 15, 2013

Last sale price $58,500 $42 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $1,368/month

29 Days on Market

Highlights

  • Soaking Tub and Shower Combination in Primary Bathroom
  • Community Pool
  • Carpet
  • Lakewood Elementary Rated A
  • Central Heating and Cooling System

About This Home

As of April 2013

very good location for this two bedroom two bath townhouse style unit. located just off 17 bypass close to the market commons area. this would be an ideal second home or a starter home. both bedrooms are up stairs. there is a screen porch for your relaxation. the rooms are spacious and bright.

Last Listed By

Michael Thompson

Realty ONE Group Dockside License #28812 Listed on: 02/14/2013

Realty ONE Group Dockside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 2006

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • 1,400 Sq Ft Home
  • Bi-Level Home
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Washer and Dryer Hookup

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, landscape/lawn, insurance, manager
  • Low-Rise Condominium

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,143

Year Built

Built in 2006

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Long Term Rental Allowed
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 247
  • HOA Management Company: OMNI 843-839-3131
  • Sold Total Heated Sq Ft: 1400
  • Sold Total Sq Ft: 1450
  • Total Heated Sq Ft: 1400
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Outside City Limits
  • HOA Fees include insurance: Yes
  • Project Section Code: Wellington - Socastee
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Interior Amenities: Wshr/Dryer Connection
  • Primary Bathroom: Shower, Tub, Vanity
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 1450

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Manager

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
Feb 14, 2013
Closed on
Apr 17, 2013
Sold by
Federal National Mortgage Association
Bought by
Mclamb Michael W
Seller's Agent
Michael Thompson
Realty ONE Group Dockside
Buyer's Agent
Lynne Mooney
Palmetto Pointe Realty, Inc.
List Price
$69,900
Sold Price
$58,500
Premium/Discount to List
-$11,400
-16.31%
Total Days on Market
29
Current Estimated Value
$184,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,716
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Dec 28, 2011
Sold by
Master In Equity Horry County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 24, 2006
Sold by
Centex Homes
Bought by
Mogilevsky Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
Not Available
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
Mclamb Michael W $58,500 --
Federal National Mortgage Association $30,000 --
Mogilevsky Paul $154,585 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mogilevsky Paul $103,000
Previous Owner Mogilevsky Paul $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $58,500 -16.3% $42 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $69,900 -- $50 / 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 $1,143 $7,500 $0 $7,500
2023 $1,143 $7,500 $0 $7,500
2021 $1,057 $7,500 $0 $7,500
2020 $978 $7,500 $0 $7,500
2019 $978 $7,500 $0 $7,500
2018 $887 $3,960 $0 $3,960
2017 $872 $3,960 $0 $3,960
2016 -- $3,960 $0 $3,960
2015 $879 $6,930 $0 $6,930
2014 $850 $3,960 $0 $3,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1303159

Coastal Carolinas Association of REALTORS®

APN: 44100000059