$130,000
SOLD MAR 3, 2020

166 Olde Towne Way Unit 5 Myrtle Beach, SC 29588

2 Beds
2.5 Baths
1,400 Sq Ft
$245/mo HOA Fee

Recently Sold

$93 Per Sq Ft

6% Below List Price

45 Days on Market

Highlights

  • Vaulted Ceiling
  • Screened Porch
  • Formal Dining Room
  • Lakewood Elementary Rated A
  • Community Pool
  • Bar

About This Home

As of February 2022

Welcome home to this charming 2 bedroom, 2 1/2 bath townhome in Wellington at Palmetto Pointe. This home has been meticulously maintained and it shows. Lots of upgrades throughout this beautiful home including wood and tile flooring, upgraded kitchen cabinets, crown molding and a screened-in porch overlooking a wooded area, the perfect spot for that morning coffee. The HOA includes trash, pool, water/sewer, building insurance, common area landscaping and maintenance. Wellington is a well maintained community on Palmetto Pointe Blvd just 5 minutes to Market Common, dining, shopping, parks, beach, entertainment and everything Myrtle Beach has to offer. You won't want to miss this, Schedule your showing today!

Last Agent to Sell the Property

Jonathan Vereen

Carolina Heritage RE Group License #86043 Listed on: 11/22/2019

Last Buyer's Agent

Joshua Carter

RE/MAX Executive License #95285

RE/MAX Executive

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $841

Year Built

  • Built in 2008

HOA Fees

  • $245 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
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Screened Porch
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Single Vanity
  • Shower Only

Schools

  • Socastee Elementary School
  • Socastee Middle School
  • Socastee High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

Overview

  • Association fees include electric common, water and sewer, pool service, landscape/lawn, insurance, pest control

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$841

Year Built

Built in 2008

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community, Restrictions, Home Owners Assn Fee
  • Estimated Year Built: 2008
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 245
  • HOA Management Company: First Service Residential 843-904-7001
  • Living Room Type: Bar, Ceiling Fan
  • Lvt Date: 11/22/2019
  • Sold Total Heated Sq Ft: 1400
  • Sold Total Sq Ft: 1500
  • Total Heated Sq Ft: 1400
  • Building Style: Townhouse
  • Exterior Unit Features: 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: Security System, Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: Screened Porch
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Pantry
  • Master Bedroom Type: Vaulted/Cathedral Ceiling, Ceiling Fan
  • Bedrooms: 2
  • Dining Room Type: Area, Formal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 1500

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Pool Service, Landscape/Lawn, Insurance, Pest Control

Schools

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

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Socastee Elementary School
  • HighSchool: Socastee High School
  • Middle School: Socastee Middle School

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
8.24%
Original Mortgage
$123,500
Outstanding Balance
$110,737
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$91,132

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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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 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

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1924948

Coastal Carolinas Association of REALTORS®

APN: 44100000166