NOT LISTED FOR SALE

Lauderdale Bay 265 Venice Way Unit I405 Myrtle Beach, SC 29577

Estimated Value: $489,000 - $553,000

4 Beds
3 Baths
2,337 Sq Ft
$862/mo HOA Fee

Last Sold August 09, 2024

Last sale price $565,000 $242 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,751/month

28 Days on Market

Highlights

  • Boat Dock
  • Unit is on the top floor
  • Golf Course View
  • Property fronts an intracoastal waterway
  • Gated Community
  • Main Floor Primary Bedroom

About This Home

As of August 2024

Luxury and Location! Nestled along the Intracoastal Waterway, this exquisite top floor, end unit condo in Lauderdale Bay boasts a harmonious blend of classic charm and modern elegance. The heart of the home is a spacious, sunlit living room with an oversized sliding door that leads to the expansive balcony. A Chef's delight kitchen equipped with high-end appliances and sleek countertops, offers an inviting atmosphere for culinary adventures. Enjoy meals with your guests in your beautiful dining area where family and friends may gather and celebrate around the dining room table that fills the space with elegance. Enjoy the view from the floor to ceiling windows on two sides of the dining room. And when it is time to turn in, each bedroom provides a tranquil retreat, promising a restful slumber. Outside, the expansive patio provides an idyllic setting for relaxing or entertaining. This home is not just a dwelling, but a haven for those who appreciate beauty, comfort, and quality. Lauderdale Bay is a gated community with three main buildings; this spectacular unit is situated on the very end in the most private setting. The home boasts over 2,300 heated sq. ft. and is the only 4-bedroom, 3 full bath unit currently available. The home has been meticulously cared for and the owners have upgraded it throughout. The recent upgrades include all new kitchen appliances, countertops and backsplash; new hickory laminate flooring in all common areas; ceiling fans and light fixtures in all living areas. In addition, there are two walk-in closets in the master bath, crown molding throughout and an upgraded ensuite bathroom for the guest bedroom. The huge primary bedroom offers an entrance to the large balcony with the breathtaking view of the ICW and the Arrowhead Golf Course across the way. Enjoying your coffee or meals overlooking the peaceful waterway will become one of your favorite pastimes. This condo is built to entertain, and the appliances in your "new" kitchen are all wi-fi enabled; with the stove providing convection, air fryer and quick boil features. The kitchen also features new quartz countertops and a beautiful backsplash. The bar stools for the counter will convey with the sale, as will the extra refrigerator and microwave in the large, walk-in pantry. Your spacious living room has direct access to the balcony, and the electric grill and outdoor dining set conveys. Move-right in and start enjoying all that this home has to offer! The pool is just outside your building and presents another great view of the ICW. This condo comes with one dedicated under building parking space along with a large storage unit. There are plenty of parking spaces available for your other vehicles and guests. If you are a boating enthusiast, you can purchase a boat slip with access just steps from your building. This is a prime location that is less than 10 minutes to the beach and 5 minutes to the popular Market Common community. The area surrounding Lauderdale Bay is rich with a variety of amenities that cater to both residents and visitors. For those who enjoy outdoor activities, the city offers numerous parks and trails, as well as golf courses renowned for their beauty and challenge. The beach itself is a major attraction, providing opportunities for water sports, fishing, or simply relaxing on the sand. Cultural experiences are available through local museums, galleries, and theaters. Shopping enthusiasts can explore a range of options from boutique stores to large shopping malls. You are conveniently located to all the shopping, dining and nightlife opportunities that Myrtle Beach has to offer. This condo will make a great primary residence or vacation home; schedule a showing today to experience firsthand this exquisite condo.

Last Agent to Sell the Property

Scott Beech

Beech Realty LLC License #107740 Listed on: 05/19/2024

Co-Listed By

Tracy Covone

Beech Realty LLC License #112778

Last Buyer's Agent

Scott Beech

Beech Realty LLC License #107740 Listed on: 05/19/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $862 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Raised Foundation
  • Stucco
  • Tile

Interior Spaces

  • 2,337 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Golf Course Views

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Secured Garage or Parking

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Unit is on the top floor

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, master antenna/cable TV, common maint/repair, internet access, pest control
  • Mid-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Boat Slip

Pet Policy

  • Only Owners Allowed Pets

Security

  • Gated Community
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$862 per month

Listing Details

  • Unit Location: Golf Course View, Waterway View, End Unit, Top Floor
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Gated Community, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Private Boat Slip
  • Estimated Year Built: 2007
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Laminate
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 862
  • HOA Management Company: Ally Management at 843-497-3555
  • Living Room Type: Ceiling Fan
  • Lvt Date: 05/19/2024
  • Sold Total Heated Sq Ft: 2337
  • Sold Total Sq Ft: 2652
  • Total Heated Sq Ft: 2337
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: On Icw, Outside City Limits, Icw View-Building, Icw Access
  • Exterior Unit Features: Balcony, Elevator-Exterior, Outside Storage Detached, Storm Doors, Boat Dock
  • Project Section Code: Lauderdale Bay
  • Which Floor: 04
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Enter Through Foyer
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Garden Tub
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet, Tray Ceiling
  • Bedrooms: 4
  • Dining Room Type: Area
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 2652

Exterior Features

  • Exterior Finish: Stucco
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access, Pest Control

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: multi-fam

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2024
Closed on
Aug 9, 2024
Sold by
Mikula Richard
Bought by
Carlton Dean F and Carlton Valerie L
Seller's Agent
Scott Beech
Beech Realty LLC
Buyer's Agent
Scott Beech
Beech Realty LLC
List Price
$599,900
Sold Price
$565,000
Premium/Discount to List
-$34,900
-5.82%
Views
14
Current Estimated Value
$522,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,464
Avg. Annual Appreciation
-6.30%
Original Mortgage
$452,000
Outstanding Balance
$445,242
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$77,294

Purchase Details

Closed on
Feb 24, 2021
Sold by
Miller Norman
Bought by
Mikula Richard and Mikula Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2018
Sold by
Mcwaters Bobby W
Bought by
Miller Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2016
Sold by
Vinson William J
Bought by
Mcwaters Bobby W

Purchase Details

Closed on
Dec 17, 2009
Sold by
Lauderdale Bay Developers Llc
Bought by
Vinson William J
Source: Public Records

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

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
Carlton Dean F $565,000 --
Mikula Richard $352,500 --
Miller Norman $410,000 --
Mcwaters Bobby W $395,000 --
Vinson William J $324,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlton Dean F $452,000
Previous Owner Mikula Richard $172,500
Previous Owner Miller Norman $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $565,000 -5.8% $242 / Sq Ft
05/19/2024 05/19/24 For Sale $599,900 -- $257 / 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 -- $33,660 $0 $33,660
2023 $1,522 $42,000 $0 $42,000
2021 $1,471 $42,000 $0 $42,000
2020 $1,436 $42,000 $0 $42,000
2019 $1,436 $42,000 $0 $42,000
2018 $1,310 $37,065 $0 $37,065
2017 $1,295 $37,065 $0 $37,065
2016 -- $32,235 $0 $32,235
2015 $1,100 $12,280 $0 $12,280
2014 $3,815 $18,420 $0 $18,420
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2412175

Coastal Carolinas Association of REALTORS®

APN: 44201020022