NOT LISTED FOR SALE

501 Lake Park Dr Myrtle Beach, SC 29588

Estimated Value: $273,000 - $316,484

3 Beds
2 Baths
1,948 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $110,000 $56 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,754/month

13 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Ranch Style House
  • Lakewood Elementary Rated A
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Corner Lot

About This Home

As of June 2013

Beautiful three bedroom two bathroom home in Lake Park Plantation with an open floor plan. Perfect family home! Enjoy the sunshine on your deck, and the large corner lot yard is great for BBQs and parties! Great deal on this lovely home!!!

Last Agent to Sell the Property

Blake Sloan

Sloan Realty Group License #26733 Listed on: 02/26/2013

Last Buyer's Agent

Jordan Lipman

Realty ONE Group Dockside License #43641

Realty ONE Group Dockside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1992

Lot Details

  • Fenced
  • Corner Lot
  • Property is zoned RE

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,948 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Carpet
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Schools

  • Lakewood Elementary School
  • Forestbrook Middle School
  • Socastee High School

Utilities

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

Additional Features

  • Deck
  • Outside City Limits

Community Details

  • The community has rules related to fencing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,069

Year Built

Built in 1992

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Lot Description: Corner
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure
  • Estimated Year Built: 1992
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 25
  • Sold Total Heated Sq Ft: 1948
  • Sold Total Sq Ft: 2400
  • Style: Ranch
  • Type Of Parking: Attached 1-Car
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 1948
  • Geo Subdivision: SC
  • Section Subdivision: Lake Park Plantation
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Interior Amenities: Garage Door Opener, Stairs To Attic, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Other Rooms: Carolina Room
  • Primary Bathroom: Double Sink, Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave
  • Master Bedroom Type: Vaulted/Cath. Ceiling, Ceiling Fan, Tray Ceiling, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Total Sq Ft: 2400

Exterior Features

  • Exterior Features: Deck, Fencing, Lawn Sprinkler, Outside Storage Detached
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Lakewood Elementary School
  • Middle School: Forestbrook Middle School
  • High School: Socastee High School

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: RE

MLS Schools

  • Elementary School: Lakewood Elementary School
  • HighSchool: Socastee High School
  • Middle School: Forestbrook Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2013
Closed on
Jun 4, 2013
Sold by
Sec Of Hud
Bought by
Schroeder John
Seller's Agent
Blake Sloan
Sloan Realty Group
Buyer's Agent
Jordan Lipman
Realty ONE Group Dockside
List Price
$85,000
Sold Price
$110,000
Premium/Discount to List
$25,000
29.41%
Current Estimated Value
$292,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,621
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Oct 31, 2012
Sold by
Master In Equity Horry County
Bought by
Housing And Urban Development Of Washing

Purchase Details

Closed on
Jul 31, 2006
Sold by
Monteforte Paul J and Monteforte Karen L
Bought by
Vereen Stephen A and Vereen Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2005
Sold by
Szklany Robert A and Szklany Mary V
Bought by
Monteforte Paul J and Monteforte Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,780
Interest Rate
5.64%
Mortgage Type
Stand Alone Second
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
Schroeder John $110,000 --
Housing And Urban Development Of Washing $2,500 --
Vereen Stephen A $212,000 None Available
Monteforte Paul J $188,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vereen Stephen A $142,000
Previous Owner Monteforte Paul J $37,780
Previous Owner Monteforte Paul J $151,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2013 06/06/13 Sold $110,000 +29.4% $56 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $85,000 -- $44 / 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 $2,069 $11,741 $2,960 $8,781
2023 $2,069 $8,561 $2,129 $6,432
2021 $1,910 $5,708 $1,420 $4,288
2020 $1,800 $5,708 $1,420 $4,288
2019 $1,800 $5,708 $1,420 $4,288
2018 $1,723 $5,262 $1,182 $4,080
2017 $1,708 $5,262 $1,182 $4,080
2016 -- $5,262 $1,182 $4,080
2015 $1,722 $5,262 $1,182 $4,080
2014 $1,665 $5,262 $1,182 $4,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1303687

Coastal Carolinas Association of REALTORS®

APN: 44014030018