NOT LISTED FOR SALE

Estimated Value: $976,000 - $1,295,521

5 Beds
4 Baths
3,200 Sq Ft
$355/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $475,000 $148 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $6,338/month

252 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Newly Remodeled
  • Low Country Architecture
  • River Oaks Elementary School Rated A
  • Gated Community
  • Main Floor Bedroom

About This Home

As of February 2015

This new construction home is located in one of Myrtle Beach's premier Intracoastal Waterway communities, The Battery on the Waterway, and is one of the lowest priced homes on the ICW. Offering 4 bedrooms, 3 full baths, balconies, french doors, transom windows, and so much more. Sit on the expansive balconies and enjoy the waterway views and boats passing by. The gated community affords owners access for boats to the water. Paths just outside the neighborhood to the ocean are available so just hop on your golf cart and head to the beach. Don't miss this one.

Last Agent to Sell the Property

Jason Ellis

JTE Real Estate License #9287 Listed on: 04/22/2014

Last Buyer's Agent

Davis & Hodges Team

CB Sea Coast Advantage CF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Property fronts an intracoastal waterway
  • Rectangular Lot
  • Property is zoned pud

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Low Country Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Siding
  • Tile

Interior Spaces

  • 3,200 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Wood patio
  • Front Porch

Utilities

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

Community Details

Overview

  • Intracoastal Waterway Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,696

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$83 per month

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Gated Community, Owner Allowed Motorcyle
  • Estimated Year Built: 2014
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Tray Ceiling
  • Floor Cover: Tile, Wood, Carpeting
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 83
  • HOA Management Company: Battery on Waterway 843-448-9000
  • Sold Total Heated Sq Ft: 3200
  • Sold Total Sq Ft: 5100
  • Style: Low Country
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3200
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity, Whirlpool Tub
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Breakfast Nook, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Area, Ceiling Fan
  • Formal Dining: Yes
  • Full Bathrooms: 4
  • Total Sq Ft: 5100

Exterior Features

  • Exterior Features: Balcony, Front Porch, Rear Porch, Lawn Sprinkler
  • Exterior Finish: Brick Veneer, Concrete Fiber 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: Ocean Bay Elementary School
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: On Icw, In Icw Community
  • Zoning: pud

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2014
Closed on
Feb 6, 2015
Sold by
Mb Development Llc
Bought by
Banks Jerry B and Banks Korina L
Seller's Agent
Jason Ellis
JTE Real Estate
Buyer's Agent
Davis & Hodges Team
CB Sea Coast Advantage CF
List Price
$569,900
Sold Price
$475,000
Premium/Discount to List
-$94,900
-16.65%
Total Days on Market
252
Current Estimated Value
$1,136,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,130
Avg. Annual Appreciation
8.82%
Original Mortgage
$417,000
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2013
Sold by
Om Anil
Bought by
Mb Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2010
Sold by
Branch Banking & Trust Co
Bought by
Om Anil

Purchase Details

Closed on
Jun 1, 2009
Sold by
Master In Equity Horry County
Bought by
Branch Banking & Trust Co

Purchase Details

Closed on
Aug 11, 2006
Sold by
Maginnis William S
Bought by
Msm Construction & Development Inc

Purchase Details

Closed on
Jun 6, 2006
Sold by
Fathers Robert C and Fathers Yvonne D
Bought by
Maginnis William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,684
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2003
Sold by
East Coast Waterway Properties Llc
Bought by
Fathers Robert C and Fathers Yvonne D
Source: Public Records

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Range of Values:

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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
Banks Jerry B $475,000 --
Mb Development Llc $105,000 --
Mb Development Llc $105,000 --
Om Anil $66,000 --
Branch Banking & Trust Co $195,500 --
Msm Construction & Development Inc -- None Available
Maginnis William S $474,900 None Available
Fathers Robert C $214,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Jerry B $484,350
Closed Banks Jerry B $50,000
Closed Banks Jerry B $417,000
Previous Owner Mb Development Llc $3,000,000
Previous Owner Maginnis William S $431,684
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $475,000 -16.7% $148 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $569,900 -- $178 / 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 $2,696 $24,660 $4,630 $20,030
2023 $2,696 $24,660 $4,630 $20,030
2021 $2,422 $44,356 $8,164 $36,192
2020 $1,936 $39,976 $8,164 $31,812
2019 $1,936 $39,976 $8,164 $31,812
2018 $1,738 $28,357 $6,031 $22,326
2017 $1,723 $18,904 $4,020 $14,884
2016 -- $18,904 $4,020 $14,884
2015 $5,569 $17,421 $4,021 $13,400
2014 $1,251 $6,031 $6,031 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1407784

Coastal Carolinas Association of REALTORS®

APN: 39515040004