NOT LISTED FOR SALE

181 Olde Towne Way Unit 5 Myrtle Beach, SC 29588

Estimated Value: $170,000 - $214,000

2 Beds
2.5 Baths
1,375 Sq Ft
$275/mo HOA Fee

Last Sold July 22, 2021

Last sale price $154,900 $113 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,351/month

75 Days on Market

Highlights

  • Clubhouse
  • Community Indoor Pool
  • Solid Surface Countertops
  • Lakewood Elementary Rated A
  • Lawn
  • Stainless Steel Appliances

About This Home

As of July 2021

Wonderful opportunity to own an investment property right in Myrtle Beach! This condo is in excellent condition, and you already have a tenant in place! Two bedroom two and a half bath townhouse style condo in Wellington. This unit includes granite countertops and stainless-steel appliances in the kitchen. All appliances will convey with the sale including the washer and dryer. Wellington is just a short drive from the beach, shopping, dining, and entertainment. Come by and view this condo today!

Last Agent to Sell the Property

Colby Stopper

Colby Stopper Group EXP Realty License #81079 Listed on: 03/18/2021

Last Buyer's Agent

Christopher Baisden

Ocean Front Guru Real Estate License #102612

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $745

Year Built

  • Built in 2016

Lot Details

  • 6,011

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 1,375 Sq Ft Home
  • Entry on the 1st floor
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Utilities

  • Central Heating
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Washer and Dryer
  • Rear Porch
  • Lawn

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, rec. facilities, legal and accounting, common maint/repair
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$745

Year Built

Built in 2016

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Amenities Available: Clubhouse/Rec/Facilities, Restrictions, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Cable Tv, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Pool-Indoor Community, Owner Allowed Golf Cart, Tenant Allowed Golf Cart
  • Estimated Year Built: 2016
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Electric
  • Monthly HOA as Calculated: 275
  • HOA Management Company: First Service Residential 843-904-7001
  • Lvt Date: 03/18/2021
  • Sold Total Heated Sq Ft: 1375
  • Sold Total Sq Ft: 1475
  • Total Heated Sq Ft: 1375
  • Exterior Unit Features: Rear Porch
  • HOA Fees include insurance: Yes
  • Project Section Code: Wellington - Socastee
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2016

Interior Features

  • Interior Amenities: Washer/Dryer, Wshr/Dryer Connection
  • Other Rooms: First Floor Bathrooms
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Walk-In Closet
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Sq Ft: 1475

Exterior Features

  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Condo
  • Parking: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Manager, Rec. Facilities, 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: MF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jul 21, 2021
Sold by
Brinson Desmond J
Bought by
Lappert Bethany and Lappert Ruth A
Seller's Agent
Colby Stopper
Colby Stopper Group EXP Realty
Buyer's Agent
Christopher Baisden
Ocean Front Guru Real Estate
List Price
$154,900
Sold Price
$154,900
Current Estimated Value
$192,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,141
Avg. Annual Appreciation
6.02%
Original Mortgage
$152,093
Outstanding Balance
$139,895
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$57,899
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
Lappert Bethany $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lappert Bethany $152,093
Previous Owner Brinson Desmond J $126,589
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $154,900 0.0% $113 / Sq Ft
03/18/2021 03/18/21 For Sale $154,900 +25.0% $113 / Sq Ft
05/16/2016 05/16/16 Sold $123,925 +0.8% $90 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $122,925 -- $89 / 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 $745 $8,180 $0 $8,180
2023 $745 $5,000 $0 $5,000
2021 $2,068 $5,000 $0 $5,000
2020 $1,583 $5,000 $0 $5,000
2019 $1,583 $5,000 $0 $5,000
2018 $1,576 $4,800 $0 $4,800
Source: Public Records

Agents Affiliated with this Home

  • Colby Stopper

    Seller's Agent in 2021

    Colby Stopper

    Colby Stopper Group EXP Realty

    (843) 685-5826

    16 in this area

    318 Total Sales

    Colby Stopper
    Section Image
  • Christopher Baisden

    Buyer's Agent in 2021

    Christopher Baisden

    Ocean Front Guru Real Estate

    (843) 446-2049

    1 in this area

    48 Total Sales

    Christopher Baisden
    Section Image
  • Ivey Ridders

    Seller's Agent in 2016

    Ivey Ridders

    Living South Realty

    (843) 446-6813

    3 in this area

    93 Total Sales

    Ivey Ridders
    Section Image
  • Betty Cave

    Buyer's Agent in 2016

    Betty Cave

    Realty ONE Group DocksideSouth

    (843) 222-3288

    7 Total Sales

    Betty Cave
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2106106

Coastal Carolinas Association of REALTORS®

APN: 44109020040

South Carolina Horry County Myrtle Beach 29588

181 Olde Towne Way Unit 5, Myrtle Beach, SC

This home is located at 181 Olde Towne Way Unit 5, Myrtle Beach, SC 29588 since 18 March 2021 and is currently estimated at $192,041, approximately $139 per square foot. This property was built in 2016. 181 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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