NOT LISTED FOR SALE

162 Palmetto Ln Myrtle Beach, SC 29572

Estimated Value: $853,000 - $989,812

4 Beds
3 Baths
2,300 Sq Ft
$400/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $375,000 $163 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $5,333/month

133 Days on Market

Highlights

  • Ocean View
  • Sitting Area In Primary Bedroom
  • Low Country Architecture
  • Property is near a beach
  • Clubhouse
  • Furnished

About This Home

As of September 2016

Location… Location…. Enjoy the Lifestyle of living across the street from the Beach. Briarcliff Acres is a beautiful Ocean front neighborhood. Enjoy many hours on the front porch overlooking a lake or listening to the ocean waves. Neighborhood offers over a mile of Private Beach with an ocean Front Cabana. This home offers 3 Bedrooms 3 Bathrooms, Setting Room off the master Bedroom, Laundry Room, Large Living Room with a fireplace and a large eat in kitchen. New Roof, New A/C. No HOA, small fee to use Private Beach Cabana. Large lot which has plenty of space for additions. Centrally located, close to Shopping, Entertainment, Great Restaurants, Golf, Waterway, Health facilities, and Airport.

Last Agent to Sell the Property

Lisa Josephs

RE/MAX Southern Shores GC License #43588 Listed on: 03/09/2016

Last Buyer's Agent

Davis & Hodges Team

CB Sea Coast Advantage CF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1974

Lot Details

  • Cul-De-Sac
  • Rectangular Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Low Country Architecture
  • Bi-Level Home
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 2,300 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Ocean Views
  • Crawl Space
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Property is near a beach
  • Front Porch

Location

  • East of US 17

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Intermediate
  • Myrtle Beach High School

Utilities

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

Community Details

Overview

  • Voluntary home owners association

Additional Features

  • Clubhouse
  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,840

Year Built

Built in 1974

Lot Details

0

HOA Fees

$15 per month

Parking

6

Listing Details

  • Lot Description: Cul-De-Sac, Rectangular
  • Four Sided Lot Measurement: 190x136x83x177x219
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Security, Seller Disclosure, Long Term Rental Allowed
  • Estimated Year Built: 1974
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Vinyl
  • HOA Fee Frequency: Voluntary Hoa
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 15
  • HOA Management Company: David 843-360-1273
  • Living Room Type: Ceiling Fan, Fireplace
  • Lvt Date: 03/25/2016
  • Sold Total Heated Sq Ft: 2300
  • Sold Total Sq Ft: 2600
  • Style: Low Country
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2300
  • Geo Subdivision: SC
  • Section Subdivision: Briarcliffe Acres
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Bedroom 1: 12x15
  • Bedroom 2: 12x15
  • Dining Room: 18x15
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Wshr/Dryer Connection, Washer/Dryer, Furnished, Fireplace, Fire Sprinkler
  • Kitchen: 20x11
  • Living Room: 25x22
  • Master Bedroom: 20x16
  • Other Rooms: Den/Study/Library, Laundry/Utility
  • Kitchen Type: Breakfast Nook, Dishwasher, Pantry, Refrigerator, Range
  • Master Bedroom Type: Ceiling Fan, Sitting Area, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 2600

Exterior Features

  • Exterior Features: Front Porch, Outside Storage Detached
  • Exterior Finish: Wood Frame
  • Foundation: Crawl

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Intermediate
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus 17, Oceanview Lot, Second Row Beach
  • Zoning: R-1

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Dixon Michael
Bought by
Davis Marykimball J
Current Estimated Value
$919,953

Purchase Details

Listed on
Mar 9, 2016
Closed on
Sep 6, 2016
Sold by
Johnson Robert N
Bought by
Dixon Michael
Seller's Agent
Lisa Josephs
RE/MAX Southern Shores GC
Buyer's Agent
Davis & Hodges Team
CB Sea Coast Advantage CF
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$281,250
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2014
Closed on
Apr 6, 2015
Sold by
Estate Of Mary Virginia Calhoun Johnson
Bought by
Johnson Robert Neill and Johnson Francis C
Seller's Agent
Mandy Fulford
RE/MAX Southern Shores GC
Buyer's Agent
Susan Lucas
Exit Coastal Real Estate Pros
Sold Price
$1,950
Source: Public Records

Range of Values:

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Average Value
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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
Davis Marykimball J $223,500 --
Dixon Michael $375,000 --
Johnson Robert Neill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $281,250
Previous Owner Dixon Michael $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $375,000 -11.8% $163 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $425,000 0.0% $185 / Sq Ft
05/13/2015 05/13/15 Rented $1,950 -25.0% --
05/13/2015 05/13/15 Under Contract -- -- --
06/25/2014 06/25/14 For Rent $2,600 -- --
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 $2,840 $17,033 $10,853 $6,180
2023 $2,840 $17,033 $10,853 $6,180
2021 $7,668 $20,327 $14,147 $6,180
2020 $4,494 $20,327 $14,147 $6,180
2019 $4,569 $20,327 $14,147 $6,180
2018 $0 $14,811 $9,195 $5,616
2017 $8,079 $14,812 $9,196 $5,616
2016 -- $13,524 $9,196 $4,328
2015 $4,824 $20,286 $13,794 $6,492
2014 $4,678 $20,286 $13,794 $6,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1606474

Coastal Carolinas Association of REALTORS®

APN: 39110010009