2042 Silver Spring Ln Myrtle Beach, SC 29577
Market Commons NeighborhoodEstimated Value: $609,704 - $652,000
4
Beds
3.5
Baths
2,700
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Lake On Lot
- Main Floor Primary Bedroom
- Community Pool
- Clubhouse
- Solid Surface Countertops
- Tennis Courts
About This Home
As of September 2019Each day could feel like vacation! This impressive 4 bedroom 3 1/2 bath home has countless upgrades, wonderful natural light, & is situated on a premium lakefront lot in the resort style community of Cresswind. Downstairs, there's a spacious open living & dining area with 11' ceilings & 3 sided firebox. The kitchen has a breakfast bar, coffee bar, an oversized island with vegetable sink, & breakfast nook with plenty of upgraded cabinetry. Three of the four bedrooms are downstairs: Owner's suite #1 has tray ceilings, walk-in closet, double sink, & a huge tiled shower that's accessible. Ensuite #2 has a large vanity area, linen closet, & luxurious shower. Downstairs bedroom #3 is currently being used as a den. Laundry room has a pantry area. There's a half bath & coat closet near front foyer. Bedroom #4, another ensuite, is upstairs with lots of closet & storage space. Enjoy beautiful sunsets from fenced/covered back patio. Be sure to view the virtual tour of the resort style amenity center complete with social room, fitness center, yoga studio, business center, art room, event room, & locker rooms. Cresswind residents enjoy their own amphitheater, bocce ball and tennis courts, outdoor fire pit, grilling area, and resort style pool & spa. So very convenient to the beaches as well as all the upscale shops, boutiques, restaurants, cafes, parks, and movie theater in the walking community of Market Common. Just a few facts about this beautiful home: 14 ceiling fans, both kitchen sinks have disposals & water purification as well as touchless faucet option, trash compactor, 2 zone HVAC system, surround sound, 2 zone Yamaha amplifier for outdoor speakers, energy efficient motion switches, plantation shutters, oversized garage has Liftmaster Sidewinder opener & additional attic space, 2 reverse osmosis water purification systems, extended front porch with custom gates, extended back covered patio with fencing/gates, extended driveway, virtually instant hot water, natural gas, and much more. Schedule a private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,805
Year Built
- Built in 2014
Lot Details
- 7,841 Sq Ft Lot
- Fenced
HOA Fees
- $299 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Siding
- Tile
Interior Spaces
- 2,700 Sq Ft Home
- Tray Ceiling
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Laminate Flooring
- Pull Down Stairs to Attic
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Range with Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Linen Closet
- Walk-In Closet
- Bathroom on Main Level
- Single Vanity
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Home Security System
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Lake On Lot
- Wood patio
- Front Porch
Location
- East of US 17
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Utilities
- Central Heating and Cooling System
- Cooling System Powered By Gas
- Heating System Uses Gas
- Water Heater
- Water Purifier
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include electric common, legal and accounting, landscape/lawn, master antenna/cable TV, common maint/repair, recreation facilities
- The community has rules related to fencing, allowable golf cart usage in the community
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2019
Closed on
Sep 12, 2019
Sold by
Krisman Steven
Bought by
Cotter Rebecca Sue
Seller's Agent
Mary Childress
CB Sea Coast Advantage CF
Buyer's Agent
Amy Randall
CB Sea Coast Advantage MI
List Price
$474,990
Sold Price
$450,000
Premium/Discount to List
-$24,990
-5.26%
Total Days on Market
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,676
Avg. Annual Appreciation
5.88%
Original Mortgage
$275,000
Outstanding Balance
$243,493
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$379,183
Purchase Details
Closed on
Aug 25, 2014
Sold by
Kh Withers Llc
Bought by
Krisman Steven and Krisman Deborah
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Similar Homes in Myrtle Beach, SC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cotter Rebecca Sue | $450,000 | -- | |
| Krisman Steven | $379,119 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cotter Rebecca Sue | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2019 09/11/19 | Sold | $450,000 | -3.3% | $167 / Sq Ft |
| 07/26/2019 07/26/19 | Price Changed | $465,500 | -2.0% | $172 / Sq Ft |
| 07/10/2019 07/10/19 | For Sale | $474,990 | -- | $176 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $1,805 | $17,599 | $3,939 | $13,660 |
| 2023 | $1,805 | $17,599 | $3,939 | $13,660 |
| 2021 | $1,621 | $17,599 | $3,939 | $13,660 |
| 2020 | $1,401 | $17,599 | $3,939 | $13,660 |
| 2019 | $1,255 | $16,391 | $3,939 | $12,452 |
| 2018 | $1,237 | $15,742 | $2,466 | $13,276 |
| 2017 | $1,202 | $15,742 | $2,466 | $13,276 |
| 2016 | -- | $15,742 | $2,466 | $13,276 |
| 2015 | $1,148 | $15,159 | $2,467 | $12,692 |
| 2014 | $935 | $3,700 | $3,700 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Childress
Seller's Agent in 2019
Mary Childress
CB Sea Coast Advantage CF
(843) 450-6390
107 Total Sales
-
Ian Childress
I
Seller Co-Listing Agent in 2019
Ian Childress
CB Sea Coast Advantage CF
(843) 997-4126
18 Total Sales
-
Amy Randall
Buyer's Agent in 2019
Amy Randall
CB Sea Coast Advantage MI
(843) 443-7090
1 in this area
272 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1915072
APN: 44112030016
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.
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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