NOT LISTED FOR SALE

397 Chamberlin Rd Unit Lot 70 Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $1,358,000 - $1,693,000

5 Beds
7 Baths
4,748 Sq Ft
$322/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $1,048,840 $221 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,661/month

Highlights

  • Boat Ramp
  • New Construction
  • Gated Community
  • St. James Elementary School Rated A
  • Lake On Lot
  • 0.79 Acre Lot

About This Home

As of February 2020

This is going to be a absolutely stunning Mediterranean style custom built home with 5 bedrooms, 5 full and 2 half bathrooms, 5 car garage on a 0.79 acre lot in the prestigious Cypress River Plantation Community. The property backs up to a beautiful lake. Cypress River is a gated, 24 hour security, Intracoastal Waterway community. The community has a luxurious pool with a clubhouse which includes exercise room, restrooms, 2 fireplaces, kitchen area & can be reserved for parties. Additionally there is a boat launch, boat and RV storage area, tennis courts, basketball court and playground area for the kids. This is spit floor plan with a spacious master suite, his & hers walk in closets & master bath to die for on one side of the house with 2 more spacious bedrooms with there own full bathrooms on the first floor. 1st floor laundry room. From the foyer, it's a wide open floor plan with multiple tray ceilings, formal dinning room, study, fireplace in the great room & a beautiful kitchen looking into the great room. On the second floor there is a spacious bedroom, full bath & walk in closet with a bonus room that could be used a game room. There's a outdoor kitchen & shower on the rear patio area. The attention to detail inside & out is breath taking. This will be a must see home.

Last Agent to Sell the Property

Jack Parker

Sellers Choice Real Estate License #80664 Listed on: 01/22/2019

Last Buyer's Agent

Misty Greenway

Beach & Forest Realty License #53765

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.79 Acre Lot
  • Rectangular Lot

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Stucco
  • Tile

Interior Spaces

  • 4,748 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Lake On Lot
  • Built-In Barbecue
  • Front Porch

Location

  • Outside City Limits

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, manager, pool service, security, trash pickup
  • The community has rules related to allowable golf cart usage in the community
  • Intracoastal Waterway Community

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$135 per month

Parking

8

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 174'x221'x167'x200'
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Boat Dock, Boat Ramp
  • Estimated Year Built: 2019
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Ceiling Fan, Fireplace, Tray Ceiling
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Great Family Room: 19'x22'
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 135
  • HOA Management Company: Waccamaw Management (843)237-9551
  • Lvt Date: 01/27/2019
  • Sold Total Heated Sq Ft: 4748
  • Sold Total Sq Ft: 7550
  • Style: Mediterranean
  • Type Of Parking: Attached 3-Car
  • Vehicle Parking Capacity: 8
  • Total Heated Sq Ft: 4748
  • Geo Subdivision: SC
  • Section Subdivision: Cypress River Plantation
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Bedroom 1: 14'x15'
  • Bedroom 2: 13'x14'
  • Bedroom 3: 13'x14'
  • Dining Room: 12'x14'
  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan, Fireplace
  • Kitchen: 12'x19'
  • Master Bedroom: 15'x18'
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Bonus Room, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity, Whirlpool Tub
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Refrigerator, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Linen Closet, Tray Ceiling, Walk-In Closet
  • Bedrooms: 5
  • Dining Room Type: Formal, Lvr/Dr Combo, Tray Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Levels: Two-Story
  • Total Sq Ft: 7550

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Lawn Sprinkler, Built-In Bbq, Side Load Garage
  • Exterior Finish: Stucco, Wood Frame
  • Foundation: Slab
  • Number Of Acres: 0.79

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Manager, Pool Service, Security, Trash Pickup

Schools

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

Lot Info

  • Lot Location: On Lake/Pond, Outside City Limits, In Icw Community
  • Zoning: res

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
Metropolitan Homes Investing Grp Llc
Bought by
Luscher Lee J and Luscher Tammy L
Current Estimated Value
$1,531,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Outstanding Balance
$652,430
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$850,571

Purchase Details

Closed on
Sep 14, 2022
Sold by
Wills Patrick E
Bought by
Metropolitan Homes Investing Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,500
Interest Rate
5.13%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 28, 2020
Sold by
Metropolitan Homes Investing Grp
Bought by
Wills Patrick E and Wills Cindy L
Seller's Agent
Jack Parker
Sellers Choice Real Estate
Buyer's Agent
Misty Greenway
Beach & Forest Realty
List Price
$779,000
Sold Price
$1,048,840
Premium/Discount to List
$269,840
34.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$510,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2016
Sold by
Pedersen Arne
Bought by
Dye Patrick and Dye Priscilla

Purchase Details

Closed on
May 30, 2008
Sold by
Mckenna Lawrence J and Mckenna Diane
Bought by
Pedersen Arne and Pedersen Doreen A

Purchase Details

Closed on
Jul 13, 2004
Sold by
Enterprise Road Development Llc
Bought by
Mckenna Lawrence J and Mckenna Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,675
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Luscher Lee J $1,350,000 --
Metropolitan Homes Investing Grp Llc $1,100,000 --
Wills Patrick E $1,048,840 --
Dye Patrick $75,000 --
Pedersen Arne $122,500 --
Mckenna Lawrence J $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luscher Lee J $726,200
Previous Owner Metropolitan Homes Investing Grp Llc $687,500
Previous Owner Wills Patrick E $510,400
Previous Owner Mckenna Lawrence J $83,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $1,048,840 +1.8% $221 / Sq Ft
08/19/2019 08/19/19 Price Changed $1,030,000 +28.8% $217 / Sq Ft
06/19/2019 06/19/19 Price Changed $799,900 +2.7% $168 / Sq Ft
01/27/2019 01/27/19 For Sale $779,000 -- $164 / 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 -- $55,242 $9,523 $45,719
2023 $17,277 $41,676 $4,236 $37,440
2021 $89 $41,676 $4,236 $37,440
2020 $317 $2,939 $2,939 $0
2019 $913 $4,409 $4,409 $0
2018 $0 $3,661 $3,661 $0
2017 $784 $3,661 $3,661 $0
2016 $0 $3,661 $3,661 $0
2015 -- $3,661 $3,661 $0
2014 $765 $3,661 $3,661 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1902047

Coastal Carolinas Association of REALTORS®

APN: 45006010020