NOT LISTED FOR SALE

311 Cumberland Terrace Dr Unit 7-C Myrtle Beach, SC 29572

Arcadian Shores Neighborhood

Estimated Value: $345,000 - $363,000

3 Beds
2 Baths
1,124 Sq Ft
$585/mo HOA Fee

Last Sold April 27, 2023

Last sale price $325,000 $289 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,846/month

3 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Furnished
  • Deck
  • Whirlpool Bathtub
  • Lawn

About This Home

As of April 2023

Cumberland Terrace is one of the hottest selling communities in Kingston. Unique floorplan, location and square footage offers great value for buyers seeking the Kingston lifestyle. This 3 level townhouse features a split-level entrance with the bedrooms on the lower level and the living area on the upper level. The great room, with a cathedral ceiling and 2 skylights is open to the dining area and kitchen. The entire area is spacious and flooded with natural light. On the first floor you will find 2 bedrooms each with separate baths and both bedrooms have sliders doors that open up to an outdoor patio area. The master bath has both a shower and a soaking tub. The stackable laundry closet is also located on the 1st floor. A spiral staircase in the living room leads to a loft (3rd bedroom) that has been enclosed and accommodates a Queen size bed comfortably and has its own split HVAC system brand new is spring 2023. New granite counters and refaced cabinets in the kitchen and bathrooms add to the updated condition. Contemporary decor and warm toned wood floors give this townhouse a fresh feel! One additional detail worthy of mention is the outdoor temperature controlled walkin storage closet! Perfect for beach extras! Kingston is a 145 acre master planned gated community and has it all, offering a combination of amenities and preserved natural environment that is not replicated in our area. Enjoy one half mile of ocean front sandy beaches, 12 acres of freshwater lakes and mature and manicured landscaping. Resort amenities include many swimming pools, 2 oceanfront hotels with offerings such as Starbucks, pool bars and fine dining choices. Enjoy tennis & pickle ball at the brand new fitness center and spa when you join the Kingston Fitness Center. Children's playground, walking trails and beach volleyball courts are also found throughout Kingston. The entire community experience is ideally located between Myrtle Beach and North Myrtle Beach with shopping, dining and entertainment only a short drive away. This Cumberland Terrace would be ideal as a primary or second home. Great rental income potential make this an asset to the portfolio.

Last Agent to Sell the Property

Melanie Hellmer

Leonard Call - Kingston License #80170 Listed on: 03/12/2023

Last Buyer's Agent

Jeff Casterline Team

INNOVATE Real Estate

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 5,227

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,124 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Shower Only

Home Security

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Additional Features

  • Lawn
  • Flood Zone Lot

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, security, legal and accounting, master antenna/cable TV, common maint/repair, internet access
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Gated Community
  • Fire and Smoke Detector

Additional Features

  • Door to Door Trash Pickup
  • Security

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 1990
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace, Vaulted/Cathedral Ceiling
  • Floor Cover: Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 585
  • HOA Management Company: Litus to Let - Chris Millar 843-448-9000
  • Lvt Date: 03/12/2023
  • Total Heated Sq Ft: 1124
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: East Of Bus 17, Outside City Limits
  • Exterior Unit Features: Deck, Patio
  • HOA Fees include insurance: Yes
  • Project Section Code: Kingston Plantation - Cumberland Terrace
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fireplace, Smoke Detector, Skylights, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Other Rooms: Foyer
  • Primary Bathroom: Shower, Whirlpool Tub
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Solid Surface Countertops
  • Bedrooms: 3
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 2
  • Levels: Three Or More
  • Total Sq Ft: 1320

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: 2 Car Unit

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, Security, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

Lot Info

  • Zoning: M/F

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
Mar 12, 2023
Closed on
Apr 25, 2023
Sold by
Smailes George T
Bought by
Brochu Jeffrey W and Brochu Kimberly A
Seller's Agent
Melanie Hellmer
Leonard Call - Kingston
Buyer's Agent
Jeff Casterline Team
INNOVATE Real Estate
List Price
$324,000
Sold Price
$325,000
Premium/Discount to List
$1,000
0.31%
Views
95
Current Estimated Value
$362,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,606
Avg. Annual Appreciation
3.24%
Original Mortgage
$48,750
Outstanding Balance
$43,163
Interest Rate
5.56%
Mortgage Type
New Conventional
Estimated Equity
$310,402

Purchase Details

Listed on
May 20, 2019
Closed on
Oct 3, 2019
Sold by
Ivanov Roumen
Bought by
Smailes George T and Thomas Amy M
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Julie Farmer-Janis
Bleu Nova Properties, LLC
List Price
$189,000
Sold Price
$182,000
Premium/Discount to List
-$7,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
Original Mortgage
$163,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2014
Sold by
Riner John W and Riner Diane M
Bought by
Ivanov Roumen and Ivanov Krassimira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Popp Michael A and Deluigi Donna A
Bought by
Riner John W and Riner Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brochu Jeffrey W $325,000 --
Smailes George T $182,000 --
Ivanov Roumen $170,000 --
Riner John W $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brochu Jeffrey W $48,750
Open Brochu Jeffrey W $227,500
Previous Owner Smailes George T $163,800
Previous Owner Ivanov Roumen $136,000
Previous Owner Riner John W $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $325,000 +0.3% $289 / Sq Ft
03/12/2023 03/12/23 For Sale $324,000 +78.0% $288 / Sq Ft
10/04/2019 10/04/19 Sold $182,000 -3.7% $165 / Sq Ft View Prior Sale
05/20/2019 05/20/19 For Sale $189,000 -- $172 / 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 $4,250 $20,700 $0 $20,700
2023 $4,250 $18,060 $0 $18,060
2021 $2,284 $18,060 $0 $18,060
2020 $2,161 $18,060 $0 $18,060
2019 $566 $15,750 $0 $15,750
2018 $0 $17,850 $0 $17,850
2017 $639 $17,850 $0 $17,850
2016 -- $17,850 $0 $17,850
2015 $2,199 $17,850 $0 $17,850
2014 $2,126 $10,200 $0 $10,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2304706

Coastal Carolinas Association of REALTORS®

APN: 39300000172