NOT LISTED FOR SALE

1529 Lanterns Rest Rd Unit 301 Myrtle Beach, SC 29579

Forestbrook Area

Estimated Value: $236,000 - $267,000

3 Beds
2 Baths
1,520 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: March 22, 2024

Last sale price $257,500 $169 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,128 / mo

53 Days on Market

Highlights

  • Floating Dock
  • Golf Course View
  • Vaulted Ceiling
  • Unit is on the top floor
  • Clubhouse
  • End Unit

About This Home

As of March 2024

Welcome to your dream coastal retreat in the heart of Myrtle Beach's coveted Riverwalk community! This top-floor, end-unit condo is the epitome of luxury and convenience, offering a perfect blend of modern amenities and scenic surroundings. This building includes a community elevator so you do not have to worry about walking up any stairs. Step inside this 3-bedroom, 2-bathroom haven and be greeted by a spacious living area adorned with new LVP flooring, creating a seamless flow throughout the main living space. The kitchen is a chef's delight, boasting stainless steel appliances and a pristine white quartz countertop—a perfect blend of style and functionality. As you explore further, discover the exquisite details that make this condo truly special. A tray ceiling in the living room adds an elegant touch, while the vaulted ceiling in the owners' suite creates an airy and inviting atmosphere. The owners' bathroom is a true oasis, featuring a trendy barn door entrance, a walk-in shower, and dual vanities providing a perfect blend of style and functionality. One of the highlights of this property is the massive screened-in porch, providing a serene space to enjoy the coastal breeze and entertain guests. With an attached storage area, convenience is key, allowing you to keep your outdoor essentials close at hand. The Riverwalk community offers more than just a stunning residence—it's a lifestyle. Enjoy the community's floating dock on the Intracoastal Waterway, perfect for sunset strolls or launching your kayak for a peaceful day on the water. Take a refreshing dip in the community pool, and unwind in the jacuzzi after a day of exploration. Investors, take note—this property is a lucrative opportunity with short-term rental potential, allowing you to capitalize on Myrtle Beach's thriving tourism scene. With over 1500 square feet of living space, this condo provides ample room for comfort and relaxation. Elevate your coastal living experience in this Riverwalk gem—schedule your showing today and make this haven your own!

Last Agent to Sell the Property

Anthony Caywood

Coastal Key Group RE Sales Listed on: 12/21/2023

Co-Listed By

Drew Albert

Coastal Key Group RE Sales License #82880

Last Buyer's Agent

Kim Wilson

Weichert Realtors Southern Coast License #104960

Weichert Realtors Southern Coast

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $499 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Golf Course Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower

Home Security

Outdoor Features

  • Floating Dock
  • Balcony
  • Outdoor Storage

Location

  • Unit is on the top floor

Schools

  • River Oaks Elementary School
  • Ten Oaks Middle School
  • Carolina Forest High School

Utilities

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

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair, pest control
  • Low-Rise Community

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

6,970 Sq Ft Lot

HOA Fees

$499 per month

Listing Details

  • Unit Location: End Unit, Golf Course View, Top Floor
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Lawn Maintenance, Floating Dock
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Tray Ceiling
  • Floor Cover: Carpeting, Luxury Vinyl Plank/Tile, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 499
  • HOA Management Company: Jennings & Co. Inc 843-626-6442
  • Lvt Date: 12/21/2023
  • Total Heated Sq Ft: 1520
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: On Golf Course, In Icw Community, In Golf Course Community, Icw View-Building
  • Exterior Unit Features: Balcony, Elevator-Exterior, Insulated Doors/Windows, Outside Storage Attached
  • HOA Fees include insurance: Yes
  • Project Section Code: Riverwalk II
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Bedroom 1: 12 X 12
  • Bedroom 2: 11 X 12
  • Interior Amenities: Fire Sprinkler, Wshr/Dryer Connection, Enter Through Foyer
  • Master Bedroom: 15 x 12
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer, Screened Porch
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cathedral Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1550

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo

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, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Pest Control

Lot Info

  • Zoning: Res

MLS Schools

  • Elementary School: River Oaks Elementary
  • HighSchool: Carolina Forest High School
  • Middle School: Ten Oaks Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Mar 18, 2024
Sold by
Bought by
Seller's Agent
Anthony Caywood
Coastal Key Group RE Sales
Buyer's Agent
Kim Wilson
Weichert Realtors Southern Coast
List Price
$279,000
Sold Price
$257,500
Premium/Discount to List
-$21,500
-7.71%
Views
953
Current Estimated Value
$250,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,905
Avg. Annual Appreciation
-1.15%
Original Mortgage
$231,750
Outstanding Balance
$226,109
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$24,486

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 11, 2021
Sold by
Bought by
Seller's Agent
Ashley DeLong
RE/MAX Southern Shores
Buyer's Agent
Drew Albert
Coastal Key Group RE Sales
List Price
$178,000
Sold Price
$170,000
Premium/Discount to List
-$8,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%
Original Mortgage
$136,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2016
Closed on
Jun 8, 2017
Sold by
Bought by
Seller's Agent
Jeffrey Meade
Myrtle Beach Real Estate LLC
Buyer's Agent
Ashley DeLong
RE/MAX Southern Shores
List Price
$139,500
Sold Price
$130,000
Premium/Discount to List
-$9,500
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$97,500
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Myrtle Beach, SC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$257,500 --
$170,000 --
$130,000 --
$124,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $231,750
Previous Owner $136,000
Previous Owner $97,500
Previous Owner $99,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $257,500 -2.5% $169 / Sq Ft
02/09/2024 02/09/24 Price Changed $264,000 -1.9% $174 / Sq Ft
01/11/2024 01/11/24 Price Changed $269,000 -3.6% $177 / Sq Ft
12/21/2023 12/21/23 For Sale $279,000 +64.1% $184 / Sq Ft
05/11/2021 05/11/21 Sold $170,000 -4.5% $113 / Sq Ft View Prior Sale
03/26/2021 03/26/21 For Sale $178,000 +36.9% $118 / Sq Ft
06/09/2017 06/09/17 Sold $130,000 -6.8% $90 / Sq Ft View Prior Sale
04/01/2017 04/01/17 Pending -- -- --
03/06/2016 03/06/16 For Sale $139,500 -- $96 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $0 $0 $0
2024 -- $16,800 $0 $16,800
2023 $889 $16,800 $0 $16,800
2021 $2,504 $16,800 $0 $16,800
2020 $371 $16,800 $0 $16,800
2019 $545 $16,800 $0 $16,800
2018 $0 $13,125 $0 $13,125
2017 $1,484 $6,840 $0 $6,840
2016 -- $6,840 $0 $6,840
2015 $1,484 $11,970 $0 $11,970
2014 $1,435 $6,840 $0 $6,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2325648

Coastal Carolinas Association of REALTORS®

APN: 44104010109

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