NOT LISTED FOR SALE

166 Olde Towne Way Unit 6 Myrtle Beach, SC 29588

Estimated Value: $218,000 - $225,000

3 Beds
2.5 Baths
1,660 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $220,000 $133 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,686/month

8 Days on Market

About This Home

As of February 2023

Wonderful opportunity to own this large townhome in the desirable and well maintained community of Wellington. Very close to Market Commons, beaches, shopping and airport! This light and bright corner townhome has the master bedroom on the first floor with master bath with walk in shower! Large living room with separate dining area! Kitchen is open to the living area, which offers high vaulted ceilings! 2 oversized bedrooms upstairs with separate bath! The bonus is the 12x12 loft area, that can be used as a separate living area or office! Covered and screened patio with wooded views! Community pool! Property is rented until June 30, 2023. So if you are looking to make a move to the beach next summer, tenants rent is 1600 a month until then! This is a great location for an investment property and very popular floorplan!

Last Agent to Sell the Property

Lynne Mooney

Palmetto Pointe Realty, Inc. License #66328 Listed on: 10/12/2022

Last Buyer's Agent

Lynne Mooney

Palmetto Pointe Realty, Inc. License #66328 Listed on: 10/12/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 2008

Lot Details

  • End Unit

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • 1,660 Sq Ft Home
  • Entry on the 1st floor
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Community Details

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, legal and accounting, common maint/repair

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,921

Year Built

Built in 2008

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Unit Location: End Unit
  • Estimated Year Built: 2008
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 275
  • HOA Management Company: First Service Residential
  • Lvt Date: 10/12/2022
  • Sold Total Heated Sq Ft: 1660
  • Sold Total Sq Ft: 1660
  • Total Heated Sq Ft: 1660
  • Building Style: Townhouse
  • 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

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Sq Ft: 1660

Exterior Features

  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Condo

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Common Maint/Repair

Schools

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

Lot Info

  • Zoning: PUD

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Feb 9, 2023
Sold by
Vdm Management Group Llc
Bought by
Marom Elie and Marom Matilda
Seller's Agent
Lynne Mooney
Palmetto Pointe Realty, Inc.
Buyer's Agent
Lynne Mooney
Palmetto Pointe Realty, Inc.
List Price
$244,900
Sold Price
$220,000
Premium/Discount to List
-$24,900
-10.17%
Views
25
Current Estimated Value
$221,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,160
Avg. Annual Appreciation
0.94%
Original Mortgage
$87,500
Outstanding Balance
$85,228
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$140,209

Purchase Details

Closed on
Aug 19, 2016
Sold by
Mari Domenico
Bought by
Vdm Management Group Llc

Purchase Details

Closed on
Jun 23, 2016
Sold by
Vanlinda S
Bought by
Mari Domenico

Purchase Details

Closed on
Nov 4, 2008
Sold by
Centex Homes
Bought by
Vanlinda S
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
Marom Elie $220,000 --
Vdm Management Group Llc -- --
Mari Domenico $115,000 --
Mari Domenico $115,000 --
Vanlinda S $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marom Elie $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $220,000 -10.2% $133 / Sq Ft
10/12/2022 10/12/22 For Sale $244,900 -- $148 / 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 $2,921 $14,094 $0 $14,094
2023 $2,921 $8,700 $0 $8,700
2021 $1,925 $8,700 $0 $8,700
2020 $1,814 $8,700 $0 $8,700
2019 $1,814 $8,700 $0 $8,700
2018 $0 $7,500 $0 $7,500
2017 $1,625 $7,500 $0 $7,500
2016 -- $6,180 $0 $6,180
2015 $1,355 $10,815 $0 $10,815
2014 $1,311 $6,180 $0 $6,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2222659

Coastal Carolinas Association of REALTORS®

APN: 44100000170