$154,900
SOLD JUL 22, 2021

181 Olde Towne Way Unit 5 Myrtle Beach, SC 29588

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

Recently Sold

$113 Per Sq Ft

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

Last Buyer's Agent

Christopher Baisden

Fnis Blac Knight MLS Solutions License #102612

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $745

Year Built

  • Built in 2016

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 1,375 Sq Ft Home
  • 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
Fnis Blac Knight MLS Solutions
List Price
$154,900
Sold Price
$154,900
Total Days on Market
75
Current Estimated Value
$197,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,944
Avg. Annual Appreciation
6.58%
Original Mortgage
$152,093
Outstanding Balance
$139,895
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$57,949

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Myrtle Beach, SC

  • 117 Butkus Dr Unit 5, Myrtle Beach, SC 29588

    $168,900

    • 3 Beds
    • 2 Baths
    • 1,302 Sq Ft
    • 117 Butkus Dr
    • Unit 5
    • Myrtle Beach, SC

    PRICE IMPROVED! Incredible value, priced to sell, move-in ready, 3 bedroom, 2 bathroom condo, lake view, end unit with vaulted ceilings and no neighbors above in quaint Garden Creek within Azalea Lakes. This condo presents brand new carpet throughout excluding bathrooms, kitchen/laundry and entry way; brand new paint throughout; stainless appliances in the kitchen are all included, as well as

    Misty Greenway Beach & Forest Realty

    Section Image
  • 138 Butkus Dr Unit 2, Myrtle Beach, SC 29588

    $182,000

    • 3 Beds
    • 2 Baths
    • 1,346 Sq Ft
    • 138 Butkus Dr
    • Unit 2
    • Myrtle Beach, SC

    Experience comfort and convenience in this spacious 3-bedroom, 2-bathroom first-floor condo. Natural light fills the open-concept living and dining areas, which seamlessly connect to a screened-in porch - perfect for enjoying your morning coffee or unwinding in the evening, all while overlooking a private, landscaped setting free from pests. The split-bedroom layout ensures privacy, with two

    The Abe Safa Team Century 21 The Harrelson Group

    Section Image
  • 5905 S Kings Hwy Unit 1113, Myrtle Beach, SC 29575

    $169,900

    • 2 Beds
    • 2 Baths
    • 908 Sq Ft
    • 5905 S Kings Hwy
    • Unit 1113
    • Myrtle Beach, SC

    Looking for the perfect investment, vacation retreat, or full-time beach home? This is it! Located in the biggest and best resort in Myrtle Beach, this stunning 2-bedroom, 2-bath condo comes fully furnished and rental-ready—no work needed, just start earning or enjoying! Wake up to breathtaking ocean views and the sound of crashing waves. Spend your days soaking up the sun at 8 sparkling pools, 3

    Dona Dmitrukowski ERA Real Estate Modo

    Section Image
  • 5905 S Kings Hwy Unit 1612, Myrtle Beach, SC 29575

    $135,000

    • 2 Beds
    • 2 Baths
    • 920 Sq Ft
    • 5905 S Kings Hwy
    • Unit 1612
    • Myrtle Beach, SC

    Own Your Slice of Paradise! Don’t miss this must-see 2 bed / 2 bath gem on the 16th floor of the popular Renaissance Tower at Myrtle Beach Resort – fully furnished and offering incredible ocean views that’ll make every day feel like a vacation! Step inside to find stylish new laminate flooring, a full kitchen, cozy living and dining spaces, and your very own private balcony where you can sip

    Dona Dmitrukowski ERA Real Estate Modo

    Section Image
  • 5905 S Kings Hwy Unit 1801-C, Myrtle Beach, SC 29575

    $150,000

    • 2 Beds
    • 2 Baths
    • 910 Sq Ft
    • 5905 S Kings Hwy
    • Unit 1801-C
    • Myrtle Beach, SC

    *** Repairs are underway at Renaissance Tower. The major special assessment to pay for them has been announced and will have been paid by seller by closing for this home. ***. So far up! This 2-bedroom/2-bath Oceanfront condo in the Renaissance Tower of popular Myrtle Beach Resort is 18 stories up and offers an amazing view of Ocean, the Grand Strand, and the sun coming up over the horizon.

    Bruce Brown RE/MAX Southern Shores GC

    Section Image
  • 5905 S Kings Hwy Unit 216-C, Myrtle Beach, SC 29575

    $119,900

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • 5905 S Kings Hwy
    • Unit 216-C
    • Myrtle Beach, SC

    Experience coastal living at its finest with this beautifully furnished 2-bedroom, 2-bath condo in the highly sought-after Myrtle Beach Resort! Step into a fully equipped kitchen featuring stunning granite countertops, perfect for all your culinary creations. The master bedroom offers a cozy queen bed, while the second bedroom features twin beds, and a queen sleeper sofa in the living area

    The Abe Safa Team Century 21 The Harrelson Group

    Section Image
  • 5905 S Kings Hwy Unit 1601-C, Myrtle Beach, SC 29575

    $150,000

    • 2 Beds
    • 2 Baths
    • 910 Sq Ft
    • 5905 S Kings Hwy
    • Unit 1601-C
    • Myrtle Beach, SC

    *** Repairs are underway at Renaissance Tower. The major special assessment to pay for them has been announced and will have been paid by seller by closing for this home. *** This beautiful 2-bedroom/2-bath Oceanfront condo in the Renaissance Tower of popular Myrtle Beach Resort allows you the perfect start to each day - watching the sunrise over the big, blue Atlantic Ocean. From your balcony

    Bruce Brown RE/MAX Southern Shores GC

    Section Image
  • 561 White River Dr Unit 11-D, Myrtle Beach, SC 29579

    $180,000

    • 2 Beds
    • 2 Baths
    • 950 Sq Ft
    • 561 White River Dr
    • Unit 11-D
    • Myrtle Beach, SC

    Welcome to this wonderful water view 2nd floor, 2 bedroom 2 bath condo at River Oaks Condos. The kitchen is equipped with stainless steal appliances, a breakfast bar, pantry and laundry room with washer and dryer. The open floor plan and updated flooring make this unit feel spacious and comforting. Both bedrooms have ample closet space and their own full bathrooms. The views from the screened in

    Vincent Avino Duncan Group Properties

    Section Image
  • 160 Lazy Willow Ln Unit 102, Myrtle Beach, SC 29588

    $185,000

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 160 Lazy Willow Ln
    • Unit 102
    • Myrtle Beach, SC

    Welcome to your slice of paradise in the heart of the Grand Strand! This spacious first floor condo offers 3 bedrooms, 2 baths, and a well-lit, open layout that’s perfect for both relaxed living and entertainment. The unit features fresh new paint throughout, new carpet in the bedrooms and living room area, new vinyl flooring in the entryway, kitchen, bathrooms, and dining room, as well as

    The Abe Safa Team Century 21 The Harrelson Group

    Section Image

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 $154,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,093 FHA
Previous Owner $126,589 VA
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

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 $5,000 $0 $5,000
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

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2106106

Coastal Carolinas Association of REALTORS®

APN: 44109020040