NOT LISTED FOR SALE

505 Pennington Loop Myrtle Beach, SC 29588

Estimated Value: $321,000 - $365,000

3 Beds
2 Baths
1,542 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 30, 2021

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

Est. 35% increase in value since last sale

Current estimated payment $2,299/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

Sold before listed. Square footage is approximate and not guaranteed. Buyer is responsible for verification.

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%
Total Days on Market
2
Current Estimated Value
$345,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,417
Avg. Annual Appreciation
8.18%

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

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Range of Values:

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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
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 Barker Sandra F $42,809
Previous Owner Neill Karl J $45,000
Previous Owner Neill Earl J $15,000
Previous Owner Neill Earl J $119,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 $7,185 $1,341 $5,844
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

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2117129

Coastal Carolinas Association of REALTORS®

APN: 44813040052