NOT LISTED FOR SALE

16 Summerlight Dr Unit Lot 8 Palm Bay Murrells Inlet, SC 29576

Estimated Value: $557,000 - $610,000

3 Beds
2.5 Baths
2,308 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $325,000 $141 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,341/month

13 Days on Market

Highlights

  • Newly Remodeled
  • Lake On Lot
  • Fireplace in Primary Bedroom
  • Waccamaw Elementary School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of August 2016

Natural gas community that's gated , and amenities like a resort with two pools, clubhouse, playground, and tennis courts! This is the new Cumberland plan with hardi board , on a 24" above grade slab foundation, with private rear yard!! Fantastic upgrades including granite, upgraded cabinetry, tile backsplash, exquisite hardwood flooring throughout the living areas (Master too, but not secondary bedrooms) , natural gas fireplace, and much more! Very private yard in the rear buffered with trees in a conservation area. And it has an office , and a covered porch too!

Last Agent to Sell the Property

David Reid

DR Horton License #54281 Listed on: 07/07/2016

Last Buyer's Agent

Christine House

CENTURY 21 Broadhurst License #68589

CENTURY 21 Broadhurst

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Irregular Lot
  • Property is zoned Res.

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Concrete Siding
  • Siding
  • Tile

Interior Spaces

  • 2,308 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Lake On Lot
  • Front Porch

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Carpet
  • Outside City Limits

Community Details

  • Gated Community

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$128 per month

Parking

6

Listing Details

  • Lot Description: Irregular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 2016
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Fireplace, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric, Gas
  • Monthly HOA as Calculated: 128
  • HOA Management Company: Gold Crown 843-299-0260
  • Home Warranty: Yes
  • Lvt Date: 07/07/2016
  • Provider Company: DR Horton
  • Sold Total Heated Sq Ft: 2308
  • Sold Total Sq Ft: 3012
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2308
  • Geo Subdivision: SC
  • Section Subdivision: Palm Bay at Prince Creek
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Amenities: Garage Door Opener, Wshr/Dryer Connection, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Den/Study/Library, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Garden Tub, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cath. Ceiling, Fireplace, Linen Closet, Tray Ceiling, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Formal, Vaulted/Cathedral Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 3012

Exterior Features

  • Exterior Features: Front Porch, Rear Porch
  • Exterior Finish: Concrete Fiber Siding, Siding, Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Lot Location: On Lake/Pond, Outside City Limits
  • Zoning: Res.

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 15, 2016
Sold by
Dr Horton Inc
Bought by
Sullivan Timothy J and Sullivan Lorraine C
Seller's Agent
David Reid
DR Horton
Buyer's Agent
Christine House
CENTURY 21 Broadhurst
List Price
$338,500
Sold Price
$325,000
Premium/Discount to List
-$13,500
-3.99%
Current Estimated Value
$580,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,055
Avg. Annual Appreciation
6.57%
Original Mortgage
$260,000
Outstanding Balance
$208,108
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$371,947

Purchase Details

Closed on
Jul 9, 2015
Sold by
Sunbelt Land Group Llc
Bought by
D R Horton Inc

Purchase Details

Closed on
Oct 15, 2014
Sold by
Kuhn Barry C and Miner Richard P
Bought by
Sunbelt Land Group Llc

Purchase Details

Closed on
Jul 18, 2006
Sold by
Sunbelt Land Group Llc
Bought by
Kuhn Barry C and Miner Richard P
Source: Public Records

Range of Values:

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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
Sullivan Timothy J $325,000 --
D R Horton Inc $330,000 --
Sunbelt Land Group Llc $46,000 --
Kuhn Barry C $91,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Timothy J $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $325,000 -4.0% $141 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $338,500 -- $147 / 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 $1,658 $13,310 $2,800 $10,510
2023 $1,658 $13,310 $2,800 $10,510
2022 $1,621 $13,310 $2,800 $10,510
2021 $1,571 $13,308 $2,800 $10,508
2020 $1,567 $13,308 $2,800 $10,508
2019 $1,505 $12,832 $3,000 $9,832
2018 $1,544 $128,320 $0 $0
2017 $4,077 $0 $0 $0
2016 $4,345 $4,500 $0 $0
2015 -- $0 $0 $0
2014 -- $75,000 $75,000 $0
2012 -- $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1613974

Coastal Carolinas Association of REALTORS®

APN: 41-0133B-008-00-00