NOT LISTED FOR SALE

5106 Fairmont Ln Myrtle Beach, SC 29579

Estimated Value: $387,846 - $471,000

4 Beds
2.5 Baths
2,301 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $250,000 $109 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,594/month

68 Days on Market

Highlights

  • Clubhouse
  • Ranch Style House
  • Community Pool
  • Ocean Bay Elementary School Rated A
  • Bonus Room
  • Tennis Courts

About This Home

As of June 2016

Located in the very popular Carolina Forest - The Farm is absolutely gorgeous. An absolutely gorgeous home with split bedroom design plus a 4th bedroom and closet upstairs. This home offers a beautifully designed Carolina Room and the owners will be leaving the electric fireplace. Home features crown moldings, large bedrooms and 2 1/2 baths. Lovely kitchen with stainless steel appliances, under cabinet lighting and breakfast bar plus formal dining room. The screen enclosed patio overlooks the fenced back yard with in ground sprinklers and professional landscaped grounds. Neighborhood amenities include an 8,000 square foot zero-entry pool, clubhouse with fitness center, playground, basketball court, sidewalks and a second smaller pool overlooking a lake. The HOA includes all of these wonderful amenities, trash pickup and basic cable! The Farm is a popular community in the Carolina Forest area of Myrtle Beach and it's only minutes away from the ocean, award-winning schools, highways, restaurants and entertainment. You will love this home! Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Last Listed By

Francine Ducker

MB Premier Properties License #87700 Listed on: 01/15/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 2009

Lot Details

  • Fenced

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,301 Sq Ft Home
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Wood patio
  • Rear Porch

Schools

  • Ocean Bay Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • 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

$1,198

Year Built

Built in 2009

Lot Details

0

HOA Fees

$84 per month

Parking

4

Listing Details

  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Seller Disclosure
  • Estimated Year Built: 2009
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate, Tile, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 84
  • HOA Management Company: Waccamaw/843-237-9551
  • Lvt Date: 01/15/2016
  • Sold Total Heated Sq Ft: 2301
  • Sold Total Sq Ft: 3001
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2301
  • Geo Subdivision: SC
  • Section Subdivision: Carolina Forest - The Farm
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Interior Amenities: Washer/Dryer, Split Bedroom Plan
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Bonus Room, Carolina Room, Laundry/Utility
  • Primary Bathroom: Double Sink, Garden Tub, Shower
  • Kitchen Type: Dishwasher, Microwave, Pantry, Refrigerator, Range
  • Bedrooms: 4
  • Dining Room Type: Formal
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Sq Ft: 3001

Exterior Features

  • Exterior Features: Rear Porch, Fencing, Lawn Sprinkler
  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Ocean Bay Elementary School
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Zoning: Res

MLS Schools

  • Elementary School: Ocean Bay Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Jun 22, 2016
Sold by
Carroll Denis
Bought by
Sillsbury Timothy M and Sillsbury Melanie F
Seller's Agent
Francine Ducker
MB Premier Properties
Buyer's Agent
B. Scott Limehouse
Limehouse Construction&Realty
List Price
$280,000
Sold Price
$250,000
Premium/Discount to List
-$30,000
-10.71%
Total Days on Market
68
Current Estimated Value
$430,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,462
Avg. Annual Appreciation
6.27%
Original Mortgage
$245,471
Outstanding Balance
$199,608
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$230,854

Purchase Details

Closed on
May 25, 2010
Sold by
Barberino Joseph P
Bought by
Carroll Denis

Purchase Details

Closed on
Sep 8, 2009
Sold by
Dr Horton
Bought by
Barberino Joseph P

Range of Values:

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Average Value
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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
Sillsbury Timothy M $250,000 --
Carroll Denis $215,000 --
Barberino Joseph P $213,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sillsbury Timothy M $245,471
Closed Sillsbury Timothy M $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2016 06/22/16 Sold $250,000 -10.7% $109 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $280,000 -- $122 / 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 $1,198 $10,488 $2,340 $8,148
2023 $1,198 $10,488 $2,340 $8,148
2021 $1,082 $10,488 $2,340 $8,148
2020 $957 $10,488 $2,340 $8,148
2019 $957 $10,488 $2,340 $8,148
2018 $0 $9,935 $1,887 $8,048
2017 $3,199 $9,935 $1,887 $8,048
2016 $0 $8,718 $1,578 $7,140
2015 -- $8,719 $1,579 $7,140
2014 $583 $8,719 $1,579 $7,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1601130

Coastal Carolinas Association of REALTORS®

APN: 39712020008