$57,000
SOLD APR 3, 2014

498 River Oaks Dr Unit 59M Myrtle Beach, SC 29579

Pine Island Neighborhood
2 Beds
2 Baths
801 Sq Ft
$199/mo HOA Fee

Recently Sold

$71 Per Sq Ft

18% Below List Price

70 Days on Market

Highlights

  • Vaulted Ceiling
  • Furnished
  • Rear Porch
  • River Oaks Elementary School Rated A
  • Lawn
  • Breakfast Bar

About This Home

As of June 2020

Furnished 2 bedroom 2 bathroom condo located in the heart of Carolina Forest. HOA includes cable, water, insurance, wifi, trash and pool. Sold AS-IS.

Last Agent to Sell the Property

Timothy Gabriel

Gabriel Financial Real Estate License #10663 Listed on: 12/10/2013

Co-Listed By

Lisa Gabriel

Beach Life Real Estate LLC License #56486

Last Buyer's Agent

Cory Van Note

Coastal Sands Realty License #59139

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1998

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 3rd floor
  • Vinyl Siding

Interior Spaces

  • 801 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Home Security

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Rear Porch
  • Lawn

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access
  • Low-Rise Condominium

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,435

Year Built

Built in 1998

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Amenities Available: Restrictions, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 1998
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 199
  • HOA Management Company: Wright Management 843-839-9888
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Sold Total Heated Sq Ft: 801
  • Sold Total Sq Ft: 801
  • Total Heated Sq Ft: 801
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: In Golf Course Community
  • Exterior Unit Features: Rear Porch
  • HOA Fees include insurance: Yes
  • Project Section Code: River Oaks Condos
  • Which Floor: 03
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1998

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection
  • Primary Bathroom: Shower
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Range Hood
  • Bedrooms: 2
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 801

Exterior Features

  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

Schools

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

Lot Info

  • Zoning: MF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Sibai Llc
Bought by
Sibai Properties Llc
Current Estimated Value
$164,552

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 18, 2020
Sold by
Abc Homes Llc
Bought by
Sibai Llc
Seller's Agent
Cory Van Note
Coastal Sands Realty
Buyer's Agent
Clint Ayers
The Hoffman Group
List Price
$94,900
Sold Price
$90,000
Premium/Discount to List
-$4,900
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$145,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2014
Sold by
Vannote Cory
Bought by
Abc Homes Llc

Purchase Details

Closed on
Sep 10, 2013
Sold by
Master In Equity Horry County
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 14, 1998
Sold by
Crossmann Communities Of Nc Inc
Bought by
Houlahan Sharon J and Houlahan Michael A
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $90,000 --
Deed -- --
Sheriffs Deed $2,500 --
Foreclosure Deed $2,500 --
Deed $66,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $145,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $90,000 -5.2% $112 / Sq Ft
05/04/2020 05/04/20 For Sale $94,900 +66.5% $118 / Sq Ft
04/03/2014 04/03/14 Sold $57,000 -18.5% $71 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $69,900 -- $87 / 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 $2,435 $11,670 $0 $11,670
2023 $2,435 $9,923 $0 $9,923
2021 $1,295 $9,923 $0 $9,923
2020 $922 $8,820 $0 $8,820
2019 $922 $8,820 $0 $8,820
2018 $0 $6,510 $0 $6,510
2017 $821 $3,720 $0 $3,720
2016 -- $3,720 $0 $3,720
2015 $821 $6,510 $0 $6,510
2014 -- $2,480 $0 $2,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1321185

Coastal Carolinas Association of REALTORS®

APN: 42600000298