NOT LISTED FOR SALE

505 Pennington Loop Myrtle Beach, SC 29588

Socastee Area

Estimated Value: $330,365

3 Beds
2 Baths
1,542 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2021

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

Est. 30% increase in value since last sale

Current estimated payment $2,240 / mo

2 Days on Market

Highlights

  • Lake On Lot
  • Traditional Architecture
  • Formal Dining Room
  • Burgess Elementary School Rated A-
  • Sun or Florida Room
  • 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

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
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 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

Listing and Financial Details

  • Long Term Rental Allowed

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

7,405 Sq Ft Lot

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
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • 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

Lot Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$330,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,365
Avg. Annual Appreciation
5.17%

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Myrtle Beach, SC

  • Harrison Biddle Real Estate Agent - Greyfeather Group EXP Realty

    Harrison Biddle

    Responds Quickly

    Greyfeather Group EXP Realty

    (843) 919-4425

    155 Total Sales

    7 in Socastee

    $65K - $400K Price Range

    Harrison Biddle
     Section Image
  • Desiree Rowles Real Estate Agent - Rowles Real Estate

    Desiree Rowles

    Rowles Real Estate

    (854) 854-4707

    684 Total Sales

    4 in Socastee

    $278K - $600K Price Range

    Desiree Rowles
     Section Image
  • Briana Post Real Estate Agent - Keller Williams Innovate South

    Briana Post

    Keller Williams Innovate South

    (855) 783-9851

    32 Total Sales

    2 in Socastee

    $330K - $370K Price Range

    Briana Post
     Section Image
  • Lisa Yazici Real Estate Agent - INNOVATE Real Estate

    Lisa Yazici

    INNOVATE Real Estate

    (843) 825-1150

    105 Total Sales

    3 in Socastee

    $321K - $705K Price Range

    Lisa Yazici
     Section Image
  • Robin Shomaker Real Estate Agent - mygoodagent

    Robin Shomaker

    mygoodagent

    (843) 508-8724

    102 Total Sales

    1 in Socastee

    $239,900 Price

    Robin Shomaker
     Section Image
  • Jessica Costa Real Estate Agent - Keller Williams Pawleys Island

    Jessica Costa

    Keller Williams Pawleys Island

    (908) 503-3652

    70 Total Sales

    1 in Socastee

    $311,828 Price

    Jessica Costa
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,850 $0 $0 $0
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 Real Estate Agent - CB Sea Coast Advantage MI

    Seller's Agent in 2021

    Kristin Owens

    CB Sea Coast Advantage MI

    (843) 997-4805

    63 Total Sales

    Kristin Owens
    Section Image
  • Melodye Lane-laveglia Real Estate Agent - CB Sea Coast Advantage MI

    Seller Co-Listing Agent in 2021

    Melodye Lane-laveglia

    CB Sea Coast Advantage MI

    (843) 450-3269

    65 Total Sales

    Melodye Lane-laveglia
    Section Image

  • PR

    Seller's Agent in 2014

    Paul Rowe

    Rowe Ventures

    Section Image

  • VS

    Seller's Agent in 2013

    Virginia Smith

    CENTURY 21 Broadhurst

    Section Image
  • Gregg Smith Real Estate Agent - CENTURY 21 Broadhurst

    Seller Co-Listing Agent in 2013

    Gregg Smith

    CENTURY 21 Broadhurst

    (843) 267-4533

    28 Total Sales

    Gregg Smith
    Section Image
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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

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 2026 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.

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