NOT LISTED FOR SALE

1617 Essex Way Myrtle Beach, SC 29577

Market Commons Neighborhood

Estimated Value: $536,952 - $591,000

5 Beds
4 Baths
2,513 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $372,000 $148 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,228/month

About This Home

As of October 2019

This is a gorgeous property within the desired community of Market Common. Emmens Preserve is a lovely neighborhood centrally located to shopping, medical buildings and a short golf cart ride to the ocean. This Beautiful 5 bedroom 4 bath includes an attached and unique "Next-gen" Mother-In-Law Suite which includes a complete kitchenette, living room, bedroom and bath with separate entrance. There is a First floor Master Bedroom and 2 additional bedrooms on opposite side of house with the 4th bedroom upstairs with a full bath. Ceiling fans in all the bedrooms including the Master Bath. There is amazing space within this home that provides room for family, guests, hobbies/crafts, personal office space or simply living at its best. House has been exceptionally cared for and many upgrades have been added. Features include cabinet slide outs throughout the kitchen, granite counters, upgraded stainless appliances, tank-less hot water, gutters & downspouts, security system, screened lanai, Halo 5 Water Filtration System, tray ceilings, fenced back yard, gas stub for grilling and much more. Community offers you nature trails, beautiful lakes, resort style pool, clubhouse, fire-pits and playground to assist you in an active, easy and relaxed lifestyle. This is a Must See!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Oct 25, 2019
Sold by
Hutchens Michael D
Bought by
Jackman David W and Jackman Phyllis A
Seller's Agent
Kate Rushton
BHHS Coastal Real Estate
Buyer's Agent
Mark Hardee
Fnis Blac Knight MLS Solutions
List Price
$379,900
Sold Price
$372,000
Premium/Discount to List
-$7,900
-2.08%
Current Estimated Value
$559,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,738
Avg. Annual Appreciation
7.64%
Original Mortgage
$316,200
Outstanding Balance
$281,163
Interest Rate
3.6%
Estimated Equity
$278,575

Purchase Details

Listed on
Jan 29, 2015
Closed on
Apr 29, 2015
Sold by
Kratochvil Robert F and Kratochvil Patty L
Bought by
Hutchens Michael D
Seller's Agent
Alec Baumgarten
Beach & Forest Realty
Buyer's Agent
Alec Baumgarten
Beach & Forest Realty
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$323,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 12, 2013
Sold by
Lennar Homes
Bought by
Kratochvil Robert F

Range of Values:

Collateral Analytics

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ICE

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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
Jackman David W $372,000 --
Hutchens Michael D $340,000 --
Kratochvil Robert F $282,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackman David W $316,200
Previous Owner Hutchens Michael D $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Rented $45,900 +1700.0% --
11/19/2019 11/19/19 Price Changed $2,550 -3.8% $1 / Sq Ft
11/12/2019 11/12/19 Price Changed $2,650 -5.4% $1 / Sq Ft
10/29/2019 10/29/19 For Rent $2,800 0.0% --
10/28/2019 10/28/19 Sold $372,000 -2.1% $140 / Sq Ft
06/18/2019 06/18/19 For Sale $379,900 +11.7% $143 / Sq Ft
04/29/2015 04/29/15 Sold $340,000 -2.9% $128 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $350,000 -- $132 / Sq Ft

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 $1,319 $21,901 $4,495 $17,406
2023 $1,319 $21,901 $4,495 $17,406
2021 $5,698 $38,327 $7,866 $30,461
2020 $5,644 $38,327 $7,866 $30,461
2019 $968 $33,182 $7,866 $25,316
2018 $978 $32,644 $6,299 $26,345
2017 $951 $28,745 $2,400 $26,345
2016 -- $28,745 $2,400 $26,345
2015 $851 $11,236 $2,400 $8,836
2014 $4,260 $11,236 $2,400 $8,836
Source: Public Records

Agents Affiliated with this Home

  • Mark Hardee

    Seller's Agent in 2020

    Mark Hardee

    Fnis Blac Knight MLS Solutions

    (843) 458-8551

    3 in this area

    55 Total Sales

    Mark Hardee
    Section Image
  • Kate Rushton

    Seller's Agent in 2019

    Kate Rushton

    BHHS Coastal Real Estate

    (843) 633-3356

    105 Total Sales

    Kate Rushton
    Section Image
  • Colleen Hord

    Seller Co-Listing Agent in 2019

    Colleen Hord

    BHHS Coastal Real Estate

    (919) 699-4668

    24 Total Sales

    Colleen Hord
    Section Image
  • Alec Baumgarten

    Seller's Agent in 2015

    Alec Baumgarten

    Beach & Forest Realty

    (843) 251-7653

    60 Total Sales

    Alec Baumgarten
    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Laurie Gabriel

    Realty One Group Dockside Cnwy

    19 Total Sales

    Laurie Gabriel
    Section Image
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Map

South Carolina Horry County Myrtle Beach 29577 Market Commons

1617 Essex Way, Myrtle Beach, SC

Homes for Sale in Myrtle Beach, SC

This home is located at 1617 Essex Way, Myrtle Beach, SC 29577 and is currently estimated at $559,738, approximately $222 per square foot. 1617 Essex Way is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary 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.

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