NOT LISTED FOR SALE

313 Railing Ln Unit Somerset Cove at The Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $369,000 - $396,000

3 Beds
2 Baths
1,802 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $214,945 $119 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,177/month

77 Days on Market

Highlights

  • Newly Remodeled
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Main Floor Primary Bedroom
  • Burgess Elementary School Rated A-
  • Traditional Architecture
  • Solid Surface Countertops

About This Home

As of December 2014

This has been changed to a Gabrielle Plus Plan To Be Built. Expected completion date is November 2014. The photo is of a Gabrielle plan at a different location. MORE NEW HOMES IN SOMMERSET COVE AT THE GATES will be built. These are quality-built homes from a solid local builder AT A GREAT PRICE and in a desirable, attractive neighborhood with easy access to Hwy 17, Hwy 707, and THE BEACH! Look at all you get: Wood Flooring in living areas, Tile flooring in kitchen, bathrooms and laundry room, Carpeting in bedrooms, Granite Counter Tops, Wood Cabinets with dovetail drawers, Kenmore appliances including smooth top range, Dishwasher, Microwave, and Refrigerator, 9 Foot ceilings, Automatic garage door opener, Brick Facing on front of house with Vinyl siding and trim on three sides, Architectural shingles, Deluxe landscaping package including irrigation system.

Last Agent to Sell the Property

Randy Wallace

Keller Williams Innovate South License #30014 Listed on: 06/30/2014

Keller Williams Innovate South

Co-Listed By

Jack Smith

Native Homes Realty, LLC License #26905

Last Buyer's Agent

Paige Bird

RE/MAX Southern Shores License #47713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Rectangular Lot
  • Property is zoned PUD

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,802 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Carpet
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Location

  • Flood Zone Lot
  • Outside City Limits

Utilities

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

Additional Features

  • No Carpet
  • Front Porch

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,203

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$55 per month

Parking

4

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Amenities Available: Home Owners Assoc. Fees, Restrictions
  • Estimated Year Built: 2014
  • Class: Residential
  • Construction Status: Never Occupied
  • Floor Cover: Tile, Wood, Carpeting
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 55
  • HOA Management Company: Wright Mgmt 839-9888
  • Home Warranty: Yes
  • Living Room Type: Ceiling Fan, Tray Ceiling
  • Sold Total Heated Sq Ft: 1802
  • Sold Total Sq Ft: 2385
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1802
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Bedroom 1: 12.5X11
  • Bedroom 2: 13.5X11
  • Dining Room: 11.1X10.9
  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Kitchen: 12.7X10.5
  • Living Room: 22.8X21.9
  • Master Bedroom: 17.5X15
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Tub, Vanity
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet, Tray Ceiling
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2385

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Lawn Sprinkler, Insulated Doors/Windows
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Burgess Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Wallace Charles G
Bought by
Depalma Alicia Lynn and Ballard Geoffrey Orr
Current Estimated Value
$381,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Outstanding Balance
$226,057
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$154,565

Purchase Details

Listed on
Jun 30, 2014
Closed on
Nov 25, 2014
Sold by
L & K Properties Of Myrtle Beach Llc
Bought by
Wallace Charles G and Wallace Deborah H
Seller's Agent
Randy Wallace
Keller Williams Innovate South
Buyer's Agent
Paige Bird
RE/MAX Southern Shores
List Price
$216,900
Sold Price
$214,945
Premium/Discount to List
-$1,955
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$135,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 19, 2014
Sold by
Murrells Inlet Builders Services Llc
Bought by
L & K Properties Of Myrtle Beach Llc
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
Depalma Alicia Lynn $265,000 --
Wallace Charles G $214,945 --
L & K Properties Of Myrtle Beach Llc $60,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depalma Alicia Lynn $251,750
Previous Owner Wallace Charles G $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2014 12/02/14 Sold $214,945 -0.9% $119 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $216,900 -- $120 / 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 $1,203 $12,741 $3,139 $9,602
2023 $1,203 $10,536 $1,720 $8,816
2021 $1,086 $10,536 $1,720 $8,816
2020 $692 $9,444 $1,720 $7,724
2019 $692 $9,444 $1,720 $7,724
2018 $552 $7,662 $1,206 $6,456
2017 $537 $7,662 $1,206 $6,456
2016 -- $7,662 $1,206 $6,456
2015 $692 $7,663 $1,207 $6,456
2014 -- $1,207 $1,207 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Wallace

    Seller's Agent in 2014

    Randy Wallace

    Keller Williams Innovate South

    (843) 455-7200

    14 in this area

    75 Total Sales

    Randy Wallace
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jack Smith

    Native Homes Realty, LLC

  • Paige Bird

    Buyer's Agent in 2014

    Paige Bird

    RE/MAX

    (843) 450-4773

    8 in this area

    371 Total Sales

    Paige Bird
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1412515

Coastal Carolinas Association of REALTORS®

APN: 45711030014

South Carolina Horry County Myrtle Beach 29588 Burgess

313 Railing Ln Unit Somerset Cove at The, Myrtle Beach, SC

This home is located at 313 Railing Ln Unit Somerset Cove at The, Myrtle Beach, SC 29588 since 30 June 2014 and is currently estimated at $381,422, approximately $211 per square foot. This property was built in 2014. 313 Railing Ln Unit Somerset Cove at The is a home located in Horry County with nearby schools including Burgess Elementary School, St. James Intermediate, and St. James Middle 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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