NOT LISTED FOR SALE

501 Thorton Ct Myrtle Beach, SC 29579

Estimated Value: $512,000 - $645,000

4 Beds
3 Baths
2,378 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $353,700 $149 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,076/month

46 Days on Market

Highlights

  • Lake On Lot
  • Gated Community
  • Traditional Architecture
  • Carolina Forest Elementary School Rated A-
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of November 2020

Must see! Immaculate, 4 bedroom, 3 bathroom house located on a corner lot in the gated community of Covington Lake East in Carolina Forest. This stunning all brick home was built in 2018 and features numerous upgrades. The impressive floorplan is the perfect space for living your everyday life and entertaining. The living room area is bright and open with a tray ceiling, a gas fireplace and a built-in entertainment center. The formal dining room offers a tray ceiling and beautiful wainscoting. The main living area has engineered hardwood floors throughout, tile in the wet areas and carpeting in the bedrooms. The kitchen is a chef's dream with white cabinets, gorgeous granite counters with a tile backsplash, top of the line stainless steel appliances with a touch screen fridge, a gas stove, a huge kitchen island, a pantry and a breakfast nook. The spacious master suite features a walk-in closet, a double vanity sink, a separate toilet room and a roomy tiled walk-in shower with sliding glass doors. The second and third bedroom both have ceiling fans, a large closet and share a bathroom. The fourth bedroom is located upstairs and has a private bathroom. Off the back of the house is a screened porch overlooking the pond which is the perfect setting for your morning coffee or an evening cocktail. The laundry room offers wall cabinets for extra storage space. The oversized side load two-car garage is fully finished and has a utility sink. There is an outdoor attached storage closet that is accessed from the back patio. This is not all! Additional fine features include ceiling fans throughout, a tankless gas water heater, granite counters on all bathroom vanities and a finished patio with a brick wall. On top of this fantastic property, Convington Lake East offers a community pool and is a gated community. Conveniently located near shopping, dining, entertainment, golfing and just a few miles away from the Atlantic beach! Don't miss out on this amazing opportunity! Fireant treatment transferable to new owner. Schedule your showing today!

Last Agent to Sell the Property

Gregory Harrelson

Century 21 The Harrelson Group Listed on: 08/19/2020

Century 21 The Harrelson Group

Last Buyer's Agent

Abe Safa Sales Team

Century 21 The Harrelson Group

Century 21 The Harrelson Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot

HOA Fees

  • $45 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2,378 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Carpet
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Lake On Lot
  • Patio

Location

  • Outside City Limits

Utilities

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

Community Details

Overview

  • Association fees include electric common, pool service, manager, common maint/repair, security, recreation facilities, legal and accounting
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$45 per month

Parking

4

Listing Details

  • Lot Description: Rectangular, Corner
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Security, Seller Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 2018
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Wood, Carpeting
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 45
  • HOA Management Company: William Douglas Mgmt 843-492-0088
  • Living Room Type: Fireplace, Ceiling Fan, Tray Ceiling
  • Lvt Date: 08/19/2020
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Total Heated Sq Ft: 2378
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Stairs To Attic, Smoke Detector, Wshr/Dryer Connection, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility, Screened Porch
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Breakfast Nook, Ceiling Fan, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet, Tray Ceiling
  • Bedrooms: 4
  • Dining Room Type: Formal, Tray Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 3148

Exterior Features

  • Exterior Features: Patio, Front Porch, Rear Porch, Outside Storage Attached, Insulated Doors/Windows, Side Load Garage
  • Exterior Finish: All Brick Home
  • Foundation: Slab
  • Number Of Acres: 0.22

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas, Tankless
  • Utilities Available: Electricity, Natural Gas, Water Public, Sewer, Cable Tv, Underground Utilities, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Pool Service, Manager, Common Maint/Repair, Security, Recreation Facilities, Legal And Accounting

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Nov 20, 2020
Sold by
Downey Robert J
Bought by
Atwi Ibrahim H and Toma Adina E
Seller's Agent
Gregory Harrelson
Century 21 The Harrelson Group
Buyer's Agent
Abe Safa Sales Team
Century 21 The Harrelson Group
List Price
$359,900
Sold Price
$353,700
Premium/Discount to List
-$6,200
-1.72%
Current Estimated Value
$552,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,373
Avg. Annual Appreciation
9.14%
Original Mortgage
$336,015
Outstanding Balance
$297,279
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$254,794

Purchase Details

Closed on
Apr 17, 2018
Sold by
Downey
Bought by
Downey Robert J Jr Tr and Loretta R Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,190
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2018
Sold by
Kalra Rajiv
Bought by
Downey Robert J Jr Tr and Loretta R Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,190
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2006
Sold by
Covington Lake East Llc
Bought by
Kalra Rajiv and Ralhan Vandhana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Atwi Ibrahim H $353,700 --
Downey Robert J Jr Tr -- --
Downey Robert J Jr Tr $47,500 --
Kalra Rajiv $107,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atwi Ibrahim H $336,015
Previous Owner Downey Robert J Jr Tr $255,190
Previous Owner Kalra Rajiv $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $353,700 -1.7% $149 / Sq Ft
08/19/2020 08/19/20 For Sale $359,900 -- $151 / 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 $1,563 $29,862 $6,900 $22,962
2023 $1,563 $13,948 $2,728 $11,220
2021 $1,409 $20,922 $4,092 $16,830
2020 $861 $17,082 $3,078 $14,004
2019 $1,035 $17,082 $3,078 $14,004
2018 $127 $1,986 $1,986 $0
2017 $429 $1,986 $1,986 $0
2016 -- $1,986 $1,986 $0
2015 $429 $1,986 $1,986 $0
2014 $415 $1,986 $1,986 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2017373

Coastal Carolinas Association of REALTORS®

APN: 39816010003