NOT LISTED FOR SALE

505 Pennington Loop Myrtle Beach, SC 29588

Estimated Value: $323,000 - $357,000

3 Beds
2 Baths
1,542 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $255,000 $165 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,163/month

2 Days on Market

Highlights

  • Lake On Lot
  • Traditional Architecture
  • Formal Dining Room
  • Burgess Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Walk-In Closet

About This Home

As of July 2021

This 3 bedroom 2 bath home with sunroom and a two car garage has lvt tile throughout and a great fenced in backyard overlooking pond. excellent location with a short walk to shopping. A must see to appreciate. Move in Ready. Large master suite and a split floorplan, stainless steel appliances. Washer dryer connection. one pet under 25 pounds full grown allowed with non refundable deposit and pet addendum.

Last Agent to Sell the Property

Kristin Owens

CB Sea Coast Advantage MI License #50191 Listed on: 06/28/2021

Co-Listed By

Melodye Lane-laveglia

CB Sea Coast Advantage MI License #17018

Last Buyer's Agent

Melodye Lane-laveglia

CB Sea Coast Advantage MI License #17018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned PUD

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,542 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Lake On Lot
  • Outside City Limits

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,850

Year Built

Built in 2004

Lot Details

0

HOA Fees

$39 per month

Parking

4

Listing Details

  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Long Term Rental Allowed
  • Estimated Year Built: 2004
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 39
  • HOA Management Company: Wright Mgmt/843-837-9888
  • Living Room Type: Ceiling Fan
  • Lvt Date: 08/04/2021
  • Sold Total Heated Sq Ft: 1542
  • Sold Total Sq Ft: 2140
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1542
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: Carolina Room, 1st Floor Bedrooms, 1st Floor Baths
  • Kitchen Type: Range, Dishwasher, Refrigerator, Microwave
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Area
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2140

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.17

Garage/Parking

  • Type: Detached

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Jul 30, 2021
Sold by
Randolph David J
Bought by
Mccarthy David M and Mccarthy Judith A
Seller's Agent
Kristin Owens
CB Sea Coast Advantage MI
Buyer's Agent
Melodye Lane-laveglia
CB Sea Coast Advantage MI
List Price
$260,000
Sold Price
$255,000
Premium/Discount to List
-$5,000
-1.92%
Current Estimated Value
$341,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,230
Avg. Annual Appreciation
7.24%

Purchase Details

Listed on
May 27, 2014
Closed on
Jul 17, 2014
Sold by
Barker Larry W and Barker Sandra F
Bought by
Randolph David J and Randolph Laura W
Seller's Agent
Paul Rowe
Rowe Ventures
Buyer's Agent
Melodye Lane-laveglia
CB Sea Coast Advantage MI
List Price
$169,000
Sold Price
$166,500
Premium/Discount to List
-$2,500
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$158,175
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 12, 2013
Closed on
Aug 9, 2013
Sold by
Scbt
Bought by
Barker Larry W
Seller's Agent
Virginia Smith
CENTURY 21 Broadhurst
Buyer's Agent
Paul Rowe
Rowe Ventures
List Price
$149,900
Sold Price
$143,900
Premium/Discount to List
-$6,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%

Purchase Details

Closed on
Jan 14, 2013
Sold by
Master In Equity Horry County
Bought by
First Federal

Purchase Details

Closed on
Nov 10, 2004
Sold by
Dash Development Inc
Bought by
Neill Earl J and Neill Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 2004
Sold by
Queens Harbour Associates Llc
Bought by
Dash Development Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mccarthy David M $255,000 --
Randolph David J $166,500 --
Barker Larry W $143,900 --
First Federal $120,000 --
Neill Earl J $149,285 --
Dash Development Inc $35,833 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randolph David J $158,175
Previous Owner Neill Earl J $15,000
Previous Owner Neill Earl J $119,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2025 08/18/25 Off Market $2,200 -- --
07/02/2025 07/02/25 For Rent $2,200 0.0% --
07/30/2021 07/30/21 Sold $255,000 -1.9% $165 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $260,000 +56.2% $169 / Sq Ft
07/18/2014 07/18/14 Sold $166,500 -1.5% $104 / Sq Ft View Prior Sale
06/16/2014 06/16/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $169,000 +17.4% $106 / Sq Ft
08/09/2013 08/09/13 Sold $143,900 -4.0% $96 / Sq Ft View Prior Sale
06/13/2013 06/13/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $149,900 -- $100 / 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 $3,850 $19,944 $4,200 $15,744
2023 $3,850 $7,185 $1,341 $5,844
2021 $3,550 $11,268 $2,094 $9,174
2020 $670 $7,512 $1,396 $6,116
2019 $670 $7,512 $1,396 $6,116
2018 $604 $6,248 $1,164 $5,084
2017 $589 $6,248 $1,164 $5,084
2016 -- $6,248 $1,164 $5,084
2015 $601 $6,248 $1,164 $5,084
2014 -- $6,248 $1,164 $5,084
Source: Public Records

Agents Affiliated with this Home

  • Kristin Owens

    Seller's Agent in 2021

    Kristin Owens

    CB Sea Coast Advantage MI

    (843) 997-4805

    13 in this area

    66 Total Sales

    Kristin Owens
    Section Image
  • Melodye Lane-laveglia

    Seller Co-Listing Agent in 2021

    Melodye Lane-laveglia

    CB Sea Coast Advantage MI

    (843) 450-3269

    13 in this area

    69 Total Sales

    Melodye Lane-laveglia
    Section Image

  • P

    Seller's Agent in 2014

    Paul Rowe

    Rowe Ventures

    Section Image

  • V

    Seller's Agent in 2013

    Virginia Smith

    CENTURY 21 Broadhurst

    Section Image
  • Gregg Smith

    Seller Co-Listing Agent in 2013

    Gregg Smith

    CENTURY 21 Broadhurst

    (843) 267-4533

    1 in this area

    37 Total Sales

    Gregg Smith
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2117129

Coastal Carolinas Association of REALTORS®

APN: 44813040052

South Carolina Horry County Myrtle Beach 29588

505 Pennington Loop, Myrtle Beach, SC

This home is located at 505 Pennington Loop, Myrtle Beach, SC 29588 since 28 June 2021 and is currently estimated at $341,230, approximately $221 per square foot. This property was built in 2004. 505 Pennington Loop is a home located in Horry County with nearby schools including Burgess Elementary School, St. James Intermediate, and St. James Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

Nearby Homes