NOT LISTED FOR SALE

507 Bay Drive Extension Murrells Inlet, SC 29576

Estimated Value: $544,007 - $638,000

3 Beds
2.5 Baths
1,900 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $276,500 $146 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,545/month

573 Days on Market

Highlights

  • Lake On Lot
  • Clubhouse
  • Main Floor Primary Bedroom
  • Seaside Elementary Rated A-
  • Deck
  • Screened Porch

About This Home

As of November 2012

Great opportunity to own a 3 bedroom, 2.5 bath home east of Business 17. This immaculate home is PROFESSIONALLY DECORATED featuring wide pine floors, screened porch, Carolina Room, rear deck, front and back entrances, fenced backyard, attached storage under the home, fountain in the front of the home and much, much more! Fish from the lake beside your home, enjoy the large heated pool, play a game of tennis or host a party using the neighborhood clubhouse. Take pleasure in the quiet ambiance of the seaside community of Salter's Cove just a short distance to the ocean. This one is a must see!

Last Agent to Sell the Property

Cathy Spires

Spires & Co. Realty License #27385 Listed on: 03/03/2011

Last Buyer's Agent

Christine Smithson Clark

RE/MAX Southern Shores License #27150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,001

Year Built

  • Built in 1997

Lot Details

  • Fenced
  • Rectangular Lot
  • Property is zoned RR

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,900 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family or Dining Combination
  • Screened Porch
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Lake On Lot
  • Deck

Location

  • East of US 17

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

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

Community Details

Overview

  • The community has rules related to fencing

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,001

Year Built

Built in 1997

Lot Details

0

HOA Fees

$49 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Seller Disclosure
  • Estimated Year Built: 1997
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 49
  • HOA Management Company: Surfside Realty 843-238-4900 X 8906
  • Sold Total Heated Sq Ft: 1900
  • Sold Total Sq Ft: 2100
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1900
  • Section Subdivision: Salters Cove
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Carolina Room, Foyer, Laundry/Utility, Screened Porch
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range Hood, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Area, Ceiling Fan, Fam/Dr Combo
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: One And One Half
  • Total Sq Ft: 2100

Exterior Features

  • Exterior Features: Deck, Fencing, Lawn Sprinkler, Outside Storage Attached
  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: On Lake/Pond, East Of Bus 17
  • Zoning: RR

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2011
Closed on
Nov 5, 2012
Sold by
Kaylor H Michael
Bought by
Gentry Douglas M
Seller's Agent
Cathy Spires
Spires & Co. Realty
Buyer's Agent
Christine Smithson Clark
RE/MAX Southern Shores
List Price
$379,000
Sold Price
$276,500
Premium/Discount to List
-$102,500
-27.04%
Current Estimated Value
$596,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,002
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jun 4, 2009
Sold by
Toler Theodore Riley
Bought by
Kaylor H Michael

Purchase Details

Closed on
Aug 25, 2003
Sold by
Simmons James and Simmons Virginia
Bought by
Toler Theodore Riley and Toler Susan Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
5.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 21, 2000
Sold by
Coffelt G David and Coffelt Deborah K
Bought by
Simmons James and Simmons Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gentry Douglas M $276,500 --
Kaylor H Michael $360,000 --
Toler Theodore Riley $214,000 --
Simmons James $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toler Theodore Riley $171,200
Previous Owner Simmons James $180,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2012 11/07/12 Sold $276,500 -27.0% $146 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
03/03/2011 03/03/11 For Sale $379,000 -- $199 / 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 $4,001 $29,745 $15,589 $14,156
2023 $4,001 $16,404 $6,317 $10,087
2021 $3,435 $18,146 $6,878 $11,268
2020 $3,300 $18,146 $6,878 $11,268
2019 $3,300 $18,146 $6,878 $11,268
2018 $0 $14,264 $5,486 $8,778
2017 $2,960 $14,264 $5,486 $8,778
2016 -- $14,264 $5,486 $8,778
2015 $2,960 $14,265 $5,487 $8,778
2014 $2,800 $14,265 $5,487 $8,778
Source: Public Records

Agents Affiliated with this Home

  • Cathy Spires

    Seller's Agent in 2012

    Cathy Spires

    Spires & Co. Realty

    (803) 718-0820

    11 in this area

    30 Total Sales

    Cathy Spires
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1104104

Coastal Carolinas Association of REALTORS®

APN: 47003010031

South Carolina Horry County Murrells Inlet 29576

507 Bay Drive Extension, Murrells Inlet, SC

This home is located at 507 Bay Drive Extension, Murrells Inlet, SC 29576 since 03 March 2011 and is currently estimated at $596,502, approximately $313 per square foot. This property was built in 1997. 507 Bay Drive Extension is a home located in Horry County with nearby schools including Seaside Elementary, St. James Middle School, and St. James Intermediate.

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.

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