NOT LISTED FOR SALE

314 Railing Ln Unit Sommerset Cove at Th Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $364,933 - $393,000

3 Beds
2 Baths
1,902 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $223,140 $117 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,368/month

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 September 2015

This is a Gabrielle Plus Plan TO BE BUILT! The interior photos are of a Gabrielle plan at a different location. 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: GRANITE COUNTER TOPS, Kenmore appliances, solid maple wood cabinets with dovetail drawers, 9-FOOT CEILINGS, brick front accents, finished garages with automatic door opener and pull-down stairs to floored storage, per plan ; CEILING FANS in living room and all bedrooms, up-scale trim package, SMOOTH CEILINGS, tile flooring in all wet areas (kitchen, baths, laundry). Other plans available. Irrigation system and fully landscaped yard too!

Last Agent to Sell the Property

Cindy Crawford

Native Homes Realty, LLC License #80068 Listed on: 05/11/2015

Co-Listed By

Jack Smith

Native Homes Realty, LLC License #26905

Last Buyer's Agent

Kelly Fink

RE/MAX Southern Shores License #63547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 2015 | 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

  • 1,902 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Entrance Foyer
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • 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

Outdoor Features

  • Front Porch

Location

  • Flood Zone Lot
  • Outside City Limits

Schools

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

Utilities

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

Community Details

  • Association fees include trash pickup

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,599

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$55 per month

Parking

4

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions
  • Estimated Year Built: 2015
  • Class: Residential
  • Construction Status: Never Occupied
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 55
  • HOA Management Company: Wright Mgmt 843-839-9888
  • Living Room Type: Ceiling Fan, Tray Ceiling
  • Sold Total Heated Sq Ft: 1902
  • Sold Total Sq Ft: 2385
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1902
  • Geo Subdivision: SC
  • Section Subdivision: The Gates - Sommerset Cove
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Bedroom 1: 12X11
  • Bedroom 2: 13.5X11
  • Dining Room: 11.1X10.9
  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Kitchen: 12.2X10.5
  • Living Room: 22.8x21.7
  • Master Bedroom: 17.5X15
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Tray Ceiling, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Tray Ceiling
  • 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: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Trash Pickup

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Sep 25, 2015
Sold by
L & K Props Of Myrtle Bch Llc
Bought by
Phillips Fred A
Seller's Agent
Cindy Crawford
Native Homes Realty, LLC
Buyer's Agent
Kelly Fink
RE/MAX Southern Shores
List Price
$222,900
Sold Price
$223,140
Premium/Discount to List
$240
0.11%
Current Estimated Value
$379,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,593
Avg. Annual Appreciation
5.32%
Original Mortgage
$75,000
Outstanding Balance
$59,812
Interest Rate
3.88%
Estimated Equity
$315,287

Purchase Details

Closed on
Feb 19, 2014
Sold by
Murrells Inlet Builders Services Llc
Bought by
L & K Properties Of Myrtle Beach Llc

Purchase Details

Closed on
Aug 3, 2006
Sold by
Independent Builders Development Sommers
Bought by
Murrells Inlet Builders Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.71%
Mortgage Type
Construction
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
Phillips Fred A $223,140 --
L & K Properties Of Myrtle Beach Llc $60,500 --
Murrells Inlet Builders Services Llc $234,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Fred A $75,000
Closed Phillips Fred A $75,000
Previous Owner Murrells Inlet Builders Services Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $223,140 +0.1% $117 / Sq Ft
05/11/2015 05/11/15 For Sale $222,900 -- $117 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
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 $3,599 $19,748 $5,422 $14,326
2023 $3,599 $15,181 $2,583 $12,598
2021 $3,318 $16,086 $2,586 $13,500
2020 $3,158 $16,086 $2,586 $13,500
2019 $3,158 $16,086 $2,586 $13,500
2018 $0 $13,201 $2,713 $10,488
2017 -- $13,201 $2,713 $10,488
2016 -- $13,201 $2,713 $10,488
2015 $391 $1,209 $1,209 $0
2014 -- $1,814 $1,814 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1509646

Coastal Carolinas Association of REALTORS®

APN: 45711030029