$190,000
SOLD FEB 1, 2022

166 Olde Towne Way Unit 5 Myrtle Beach, SC 29588

2 Beds
2.5 Baths
1,400 Sq Ft
$275/mo HOA Fee

Recently Sold

$136 Per Sq Ft

17% Below List Price

13 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Lawn
  • Community Pool
  • Lakewood Elementary Rated A
  • Screened Porch
  • Formal Dining Room

About This Home

As of February 2022

Very desirable community of Wellington in Palmetto Pointe! Close to beaches, Coastal Grande Mall, MYR Airport, and the Market Common. Beautifully staged 2 bedroom/2.5 bath townhome with separate dining area. Nice family room opens to screened in porch with outside storage room. Enjoy a morning cup of coffee on your screened porch with great privacy and views of wooded area. The first floor half bath features a coastal shiplap accent wall. Both of the two oversized bedrooms are on the second floor, each with their own private full bath. Linen closet with washer and dryer are conveniently located upstairs. Well maintained community with sidewalks and community pool. Call to book your showing today!

Last Agent to Sell the Property

Savannah Rhame

Century 21 Palms Realty License #122931 Listed on: 11/17/2021

Century 21 Palms Realty

Last Buyer's Agent

Brandon Bodie

Realty ONE Group Dockside License #87520

Realty ONE Group Dockside

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $841

Year Built

  • Built in 2008

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Bi-Level Home
  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Linen Closet
  • Walk-In Closet
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Additional Features

  • Patio
  • Lawn
  • Water Heater

Community Details

Overview

  • Association fees include trash pickup, pool service, landscape/lawn, insurance, common maint/repair, pest control
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$841

Year Built

Built in 2008

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Pool-Outdoor Community, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart
  • Estimated Year Built: 2008
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Electric
  • Monthly HOA as Calculated: 275
  • HOA Management Company: First Service Residential 843-904-7001
  • Living Room Type: Ceiling Fan
  • Lvt Date: 11/17/2021
  • Sold Total Heated Sq Ft: 1400
  • Sold Total Sq Ft: 1420
  • Total Heated Sq Ft: 1400
  • Building Style: Townhouse
  • Building Location: Outside City Limits
  • Exterior Unit Features: Patio, Rear Porch, Outside Storage Attached
  • HOA Fees include insurance: Yes
  • Project Section Code: Wellington - Socastee
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2008

Interior Features

  • Interior Amenities: Smoke Detector, Washer/Dryer, Wshr/Dryer Connection
  • Other Rooms: Laundry/Utility, Screened Porch
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Breakfast Bar, Oven, Freezer, Microwave, Pantry, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Sitting Area, Walk-In Closet, Linen Closet
  • Bedrooms: 2
  • Dining Room Type: Formal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 1420

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Assigned

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Common Maint/Repair, Pest Control

Schools

  • Elementary School: Lakewood Elementary School
  • Middle School: Socastee Middle School
  • High School: Socastee High School

Lot Info

  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Mar 3, 2020
Sold by
Vankos Carl A
Bought by
Houston Kara M
Seller's Agent
Jonathan Vereen
Carolina Heritage RE Group
Buyer's Agent
Joshua Carter
RE/MAX Executive
List Price
$137,900
Sold Price
$130,000
Premium/Discount to List
-$7,900
-5.73%
Current Estimated Value
$194,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,461
Avg. Annual Appreciation
8.25%
Original Mortgage
$123,500
Outstanding Balance
$110,737
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$91,277

Purchase Details

Closed on
Oct 27, 2008
Sold by
Centex Homes
Bought by
Vankos Carl A
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $130,000 --
Deed $129,905 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $190,000 -5.0% $136 / Sq Ft
11/23/2021 11/23/21 Price Changed $199,999 -13.0% $143 / Sq Ft
11/17/2021 11/17/21 For Sale $229,999 +76.9% $164 / Sq Ft
03/03/2020 03/03/20 Sold $130,000 -5.7% $93 / Sq Ft
11/22/2019 11/22/19 For Sale $137,900 -- $99 / 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 $841 $8,180 $0 $8,180
2023 $841 $5,160 $0 $5,160
2021 $578 $5,160 $0 $5,160
2020 $309 $7,500 $0 $7,500
2019 $309 $5,000 $0 $5,000
2018 $0 $2,640 $0 $2,640
2017 $266 $2,640 $0 $2,640
2016 -- $6,930 $0 $6,930
2015 $271 $2,640 $0 $2,640
2014 $252 $2,640 $0 $2,640
Source: Public Records

Agents Affiliated with this Home

  • Savannah Rhame

    Seller's Agent in 2022

    Savannah Rhame

    Century 21 Palms Realty

    (803) 308-1938

    3 in this area

    36 Total Sales

    Savannah Rhame
    Section Image
  • Brandon Bodie

    Buyer's Agent in 2022

    Brandon Bodie

    Realty ONE Group Dockside

    (843) 685-2498

    1 in this area

    17 Total Sales

    Brandon Bodie
    Section Image
  • Jonathan Vereen

    Seller's Agent in 2020

    Jonathan Vereen

    Carolina Heritage RE Group

    (843) 251-7873

    42 Total Sales

    Jonathan Vereen
    Section Image
  • Joshua Carter

    Buyer's Agent in 2020

    Joshua Carter

    RE/MAX

    (843) 213-8812

    167 Total Sales

    Joshua Carter
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2125733

Coastal Carolinas Association of REALTORS®

APN: 44100000166

South Carolina Horry County Myrtle Beach 29588

166 Olde Towne Way Unit 5, Myrtle Beach, SC

This home is located at 166 Olde Towne Way Unit 5, Myrtle Beach, SC 29588 and is currently priced at $190,000, approximately $135 per square foot. This property was built in 2008. 166 Olde Towne Way Unit 5 is a home located in Horry County with nearby schools including Lakewood Elementary, Socastee Middle, and Socastee High 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.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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