NOT LISTED FOR SALE

460 Springlake Dr Myrtle Beach, SC 29579

Estimated Value: $425,000 - $477,000

4 Beds
2.5 Baths
2,540 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $230,000 $91 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,669/month

133 Days on Market

Highlights

  • Lake On Lot
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Carolina Forest Elementary School Rated A-
  • Traditional Architecture
  • Screened Porch

About This Home

As of March 2016

Spacious all brick home in Spring Lake. Two story foyer and family room with recessed lighting and several windows for natural light. The master suite is on the first level with views of the pond and a private bathroom with separate garden tub and shower, double sinks and a walk-in closet. Kitchen features tile flooring, pantry, breakfast bar and nook with a bay window. The formal dining area is currently being used as a formal living room. There is a flex room downstairs that is being used as a bedroom, but would also make a great office or den. There are 3 additional bedrooms and a full bathroom on the second level. Two of those bedrooms are much larger than average. The brick screened porch with ceiling fan overlooks the pond and is accessed through french doors in the family room. You can walk across the street to the pool and playground from this home. Spring Lake is a popular community in the Carolina Forest area of Myrtle Beach with convenient access to award-winning schools, highways, shopping, restaurants and entertainment. Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Brittany Foy

Foy Realty License #81712 Listed on: 10/09/2015

Last Buyer's Agent

Sherif Shamaa

Weichert REALTORS CF License #82438

Weichert REALTORS CF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 2002

Lot Details

  • 7,405 Sq Ft Lot
  • Rectangular Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Four Sided Brick Exterior Elevation
  • Tile

Interior Spaces

  • 2,540 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Screened Porch
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Outdoor Features

  • Lake On Lot
  • Patio

Location

  • Outside City Limits

Schools

  • Carolina Forest Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 2002

Lot Details

0

HOA Fees

$42 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 70x97x84x95
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Seller Disclosure, Long Term Rental Allowed
  • Estimated Year Built: 2002
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 42
  • HOA Management Company: Benchmark/843-903-1684
  • Sold Total Heated Sq Ft: 2540
  • Sold Total Sq Ft: 3115
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2540
  • Geo Subdivision: SC
  • Section Subdivision: Spring Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Interior Amenities: Wshr/Dryer Connection
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Screened Porch
  • Primary Bathroom: Double Sink, Garden Tub, Shower
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Dishwasher, Microwave, Pantry, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 3115

Exterior Features

  • Exterior Features: Patio, Rear Porch
  • Exterior Finish: All Brick Home
  • Foundation: Slab
  • Number Of Acres: 0.17

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Carolina Forest Elementary School
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: On Lake/Pond, Outside City Limits
  • Zoning: Res

MLS Schools

  • Elementary School: Carolina Forest Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
Mar 28, 2016
Sold by
Keene Darrell
Bought by
Michael Gerges
Seller's Agent
Brittany Foy
Foy Realty
Buyer's Agent
Sherif Shamaa
Weichert REALTORS CF
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%
Total Days on Market
133
Current Estimated Value
$452,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,252
Avg. Annual Appreciation
7.61%
Original Mortgage
$184,000
Outstanding Balance
$147,863
Interest Rate
3.62%
Estimated Equity
$304,389

Purchase Details

Closed on
Mar 22, 2002
Sold by
Hamilton William H and Hamilton Lorraine M
Bought by
Keene Darrell

Purchase Details

Closed on
Jul 6, 2001
Sold by
Springlake Development Company
Bought by
Hamilton William H and Hobeika Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.16%
Mortgage Type
Construction
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
Michael Gerges $230,000 --
Keene Darrell $225,000 --
Hamilton William H $36,480 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Gerges $184,000
Closed Michael Gerges $184,000
Previous Owner Hamilton William H $345,000
Previous Owner Payne Philip T $74,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $230,000 -11.5% $91 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $259,900 -- $102 / 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 $1,208 $10,582 $1,810 $8,772
2023 $1,208 $10,582 $1,810 $8,772
2021 $1,090 $15,112 $1,996 $13,116
2020 $965 $15,112 $1,996 $13,116
2019 $965 $15,112 $1,996 $13,116
2018 $0 $9,201 $1,573 $7,628
2017 $854 $9,201 $1,573 $7,628
2016 -- $11,393 $1,573 $9,820
2015 $3,664 $17,090 $2,360 $14,730
2014 $3,541 $17,090 $2,360 $14,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1519951

Coastal Carolinas Association of REALTORS®

APN: 39912020109