NOT LISTED FOR SALE

5101 Pine Lake Dr Unit Pine Lakes Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $524,000 - $729,000

3 Beds
4 Baths
2,301 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $275,000 $120 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,388/month

156 Days on Market

Highlights

  • Family Room with Fireplace
  • Den
  • Breakfast Bar
  • Ranch Style House
  • Walk-In Closet
  • Patio

About This Home

As of March 2012

Foreclosure and this is possibly one of the best lots and locations in all of Myrtle Beach. Over a half acre in the heart of the Prestigious Pine Lake section. Large corner lot with gorgeous live oaks, magnolia, and palm trees that cover the yard. 3br/4ba with two fireplaces, large kitchen, large bedrooms, fenced in yard, and a very private backyard setting. Two car garage with extra parking that will allow for 4-5 cars. Only a few blocks to the Atlantic Ocean, this will make the perfect home here at the beach! All measurements are approximate and should be verified by buyer/buyer's agent. Bank owned property. No disclosures will be given. Sold "As Is".

Last Agent to Sell the Property

The O'Brien Team

BHHS Myrtle Beach Real Estate License #110041 Listed on: 09/27/2011

BHHS Myrtle Beach Real Estate

Last Buyer's Agent

Deborah Morris

RE/MAX Southern Shores GC License #20760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 1958

Lot Details

  • 0.58

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,301 Sq Ft Home
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Den
  • Carpet
  • Home Security System
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,137

Year Built

Built in 1958

Lot Details

0

Parking

6

Listing Details

  • Amenities Available: Long Term Rental Allowed
  • Estimated Year Built: 1958
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Fireplace
  • Floor Cover: Carpeting, Wood
  • HOA Fee Frequency: Does Not Have Hoa
  • Great Family Room: 25x13.8
  • Heating And Cooling: Central Air, Central Heat, Electric
  • HOA Management Company: Does not Have HOA
  • Living Room Type: Fireplace
  • Sold Total Heated Sq Ft: 2301
  • Sold Total Sq Ft: 3101
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2301
  • Section Subdivision: Pine Lakes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Bedroom 1: 14x13
  • Bedroom 2: 11.7x13
  • Interior Amenities: Security System, Wshr/Dryer Connection
  • Kitchen: 18x10.7
  • Living Room: 18.6x13.7
  • Master Bedroom: 13x14.7
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Den/Study/Library, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Pantry
  • Master Bedroom Type: Walk-In Closet
  • Bedrooms: 3
  • Full Bathrooms: 4
  • Levels: Single Level
  • Total Sq Ft: 3101

Exterior Features

  • Exterior Features: Patio
  • Exterior Finish: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: RES

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2011
Closed on
Mar 30, 2012
Sold by
Bank Of North Carolina
Bought by
Donevant Mark H
Seller's Agent
The O'Brien Team
BHHS Myrtle Beach Real Estate
Buyer's Agent
Deborah Morris
RE/MAX Southern Shores GC
List Price
$329,900
Sold Price
$275,000
Premium/Discount to List
-$54,900
-16.64%
Current Estimated Value
$621,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,252
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Sep 12, 2011
Sold by
Master In Equity Horry County
Bought by
Bank Of North Carolina

Purchase Details

Closed on
Oct 26, 2005
Sold by
Cribb Melissa R
Bought by
Voltz Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Melton James David and Melton Rebecca G
Bought by
Cribb Melissa R
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
Donevant Mark H $275,000 --
Bank Of North Carolina $301,500 --
Voltz Richard W $459,000 --
Cribb Melissa R $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Voltz Richard W $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $275,000 -16.6% $120 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
09/27/2011 09/27/11 For Sale $329,900 -- $143 / 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 $1,137 $17,527 $9,554 $7,973
2023 $1,137 $11,077 $6,315 $4,762
2021 $1,021 $11,439 $6,583 $4,856
2020 $882 $11,439 $6,583 $4,856
2019 $849 $11,439 $6,583 $4,856
2018 $757 $9,632 $5,496 $4,136
2017 $736 $9,632 $5,496 $4,136
2016 -- $9,632 $5,496 $4,136
2015 $729 $9,632 $5,496 $4,136
2014 $657 $9,632 $5,496 $4,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1115861

Coastal Carolinas Association of REALTORS®

APN: 42116020018