NOT LISTED FOR SALE

502 Saluda River Rd Unit The Lakes Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $476,000 - $549,000

4 Beds
2.5 Baths
3,009 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $270,000 $90 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,824/month

129 Days on Market

Highlights

  • Lake On Lot
  • Traditional Architecture
  • Whirlpool Bathtub
  • Burgess Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of March 2015

The Lakes, Myrtle Beach. This beautiful all-brick 4BR/2.5BA custom home, on a raised slab, boasts a split floor plan, spacious great room with gas fireplace and arched look-through windows to the naturally lit Carolina Room with skylights, which looks out onto the backyard and lake, a large kitchen with seemingly endless counter space, built-in desk, stainless steel appliances, breakfast bar, breakfast nook with yard/lake views. The master bedroom is located off the kitchen to the rear corner of the house and features a very large walk-in closet, separate linen closet, lovely master bathroom with double vanities and sinks, large whirlpool tub, separate glass-door shower, upgraded fixtures. Additional features include a laundry/utility room with mop sink located just off the kitchen and connected to the renovated half-bath, a brick rear patio, great curb appeal and so much more on a gorgeous lakefront lot. The Lakes has a limited number of pool memberships, one of which belongs to the seller, which will convey at closing. Located within minutes of shopping, dining, entertainment, golf courses, sports/leisure activities, Surfside & Garden City Beach piers, Huntington Beach State Park and of course, the sparkling blue Atlantic Ocean! Let the laid-back lifestyle of the Low Country reel you in and drop anchor!

Last Agent to Sell the Property

Amy L. Smith

RE/MAX Executive License #87670 Listed on: 09/19/2014

RE/MAX Executive

Co-Listed By

Angie Shoemaker

RE/MAX Executive License #26311

Last Buyer's Agent

Eric Gray

Graycrest Realty Inc. License #42728

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.36

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Four Sided Brick Exterior Elevation
  • Tile

Interior Spaces

  • 3,009 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 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
  • Patio
  • Front Porch

Location

  • Flood Zone Lot
  • Outside City Limits

Utilities

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

Additional Features

  • No Carpet
  • Irregular Lot

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

HOA Fees

$30 per month

Parking

6

Listing Details

  • Lot Description: Irregular, Designated Flood Zone
  • Four Sided Lot Measurement: 128x141x93x142
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcyle
  • Estimated Year Built: 1993
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace
  • Floor Cover: Tile, Carpeting, Laminate
  • HOA Fee Frequency: Annually
  • Great Family Room: 20x19
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 30
  • HOA Management Company: Litus To Let 448-9000
  • Home Warranty: Yes
  • Price Of Warranty: 610
  • Provider Company: AHS
  • Sold Total Heated Sq Ft: 3009
  • Sold Total Sq Ft: 3570
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3009
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Bedroom 1: 13x12
  • Bedroom 2: 12x12
  • Bedroom 3: 16x12
  • Dining Room: 15x13
  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Skylights, Split Bedroom Plan, Fireplace
  • Kitchen: 30x11
  • Master Bedroom: 16x14
  • Other Rooms: Carolina Room, 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity, Whirlpool Tub
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Breakfast Nook, Ceiling Fan, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet, Linen Closet
  • Bedrooms: 4
  • Dining Room Type: Formal, Tray Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 3570

Exterior Features

  • Exterior Features: Patio, Front Porch, Lawn Sprinkler
  • Exterior Finish: All Brick Home
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2018
Sold by
Kates White Nancy
Bought by
Martin Stephen P and Martin Roxanne E
Current Estimated Value
$509,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$155,093
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$354,084

Purchase Details

Listed on
Sep 19, 2014
Closed on
Mar 16, 2015
Sold by
Fogarty Terence M and Fogarty Tammy L
Bought by
White Nancy Kates
Seller's Agent
Amy L. Smith
RE/MAX Executive
Buyer's Agent
Eric Gray
Graycrest Realty Inc.
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
May 25, 2005
Sold by
Wrubleski Charles J and Wrubleski Jeanette M
Bought by
Fogarty Terence M and Fogarty Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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
Martin Stephen P $280,000 --
White Nancy Kates $270,000 --
Fogarty Terence M $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Stephen P $180,000
Previous Owner Fogarty Terence M $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Sold $270,000 -5.3% $90 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $285,000 -- $95 / 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 -- $19,295 $3,400 $15,895
2023 $1,145 $12,758 $1,738 $11,020
2021 $1,107 $12,758 $1,738 $11,020
2020 $981 $12,758 $1,738 $11,020
2019 $3,970 $12,758 $1,738 $11,020
2018 $1,019 $10,881 $1,669 $9,212
2017 $0 $10,881 $1,669 $9,212
2016 $0 $10,413 $1,669 $8,744
2015 -- $9,014 $1,390 $7,624
2014 $772 $9,014 $1,390 $7,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1417651

Coastal Carolinas Association of REALTORS®

APN: 45712030049