512 Cedar Grove Ln Myrtle Beach, SC 29579
Pine Island NeighborhoodEstimated Value: $683,000 - $927,000
4
Beds
3.5
Baths
3,945
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Lake On Lot
- Lake View
- River Oaks Elementary School Rated A
- Gated Community
- Clubhouse
About This Home
As of October 2023Huge price reduction!!! A place to call home with plenty of room for everyone! This like new home has been well cared for by its orginal owner/designer. Meticulously maintained with all of features you would expect at this level. Some of the many features include 2x6 exterior wall construction with rubber sill gasket to reduce air flow and bugs. Sprayed foam insulation on all exterior walls and roof. Long life metal roofing. Whole house air filter with new heat pump on the first floor replaced in 2022. Whole house water filtration system. Porcelain tile on the entire first floor. Gourmet kitchen with two walk-in pantries. Linear gas fireplace in living room. Oversized master bedroom with additional gas fireplace. Large walk-in master closet with custom shelving with access to the laundry room. Two additonal oversized bedrooms on the first floor. Upstairs you will find a separate living quarters with a large bonus room/family room, bedroom and full bath. This could easily be an in law suite or two family space. Upstairs bedroom has access to the oversized storage area that has potential for additional living space if needed. Oversized garage with additonal storage room. Exterior of the home has been freshly painted(3/2023). There is a large, welcoming front porch and a matching porch out back to relax and watch the wildlife in the pond. Community amenities include gated entry, resort style lap pool, kiddie pool, tennis/pickleball courts, playground, ICW boat launch, boat storage, day dock, clubhouse, fitness center and more. All of this and located only minutes to shopping, restaurants, the beach and all that Myrlte Beach has to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,027
Year Built
- Built in 2016
Lot Details
- 10,454 Sq Ft Lot
HOA Fees
- $119 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Slab Foundation
- Wood Frame Construction
- Concrete Siding
- Masonry Siding
- Tile
Interior Spaces
- 3,945 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Bonus Room
- Carpet
- Lake Views
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Double Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- Bathroom on Main Level
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Lake On Lot
- Front Porch
Schools
- River Oaks Elementary School
- Ocean Bay Middle School
- Carolina Forest High School
Utilities
- Forced Air Heating and Cooling System
- Electric Air Filter
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
Overview
- Intracoastal Waterway Community
Recreation
- Boat Ramp
- Boat Dock
- Tennis Courts
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2023
Closed on
Oct 13, 2023
Sold by
Cook Sheila M
Bought by
Heitz James Walter and Heitz Teresa Montufar
Seller's Agent
Cory Van Note
Coastal Sands Realty
Buyer's Agent
Monica Riga
Weichert Realtors Southern Coast
List Price
$874,900
Sold Price
$820,000
Premium/Discount to List
-$54,900
-6.28%
Total Days on Market
158
Views
213
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,191
Avg. Annual Appreciation
1.73%
Original Mortgage
$615,000
Outstanding Balance
$605,801
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$236,390
Purchase Details
Closed on
May 31, 2013
Sold by
Belfor Michael E
Bought by
Cook Sheila M
Purchase Details
Closed on
Oct 31, 2006
Sold by
Zarling Robert D and Patek David W
Bought by
Belfor Michael E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2005
Sold by
South Carolina Coastal Development Inc
Bought by
Zarling Robert D and Patek David W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,392
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Myrtle Beach, SC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heitz James Walter | $820,000 | -- | |
| Cook Sheila M | $24,200 | -- | |
| Belfor Michael E | $192,000 | None Available | |
| Zarling Robert D | $124,880 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heitz James Walter | $615,000 | |
| Previous Owner | Belfor Michael E | $172,800 | |
| Previous Owner | Zarling Robert D | $112,392 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2023 10/19/23 | Sold | $820,000 | -2.4% | $208 / Sq Ft |
| 06/21/2023 06/21/23 | Price Changed | $839,900 | -1.2% | $213 / Sq Ft |
| 05/24/2023 05/24/23 | Price Changed | $849,900 | -2.9% | $215 / Sq Ft |
| 03/18/2023 03/18/23 | For Sale | $874,900 | -- | $222 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $10,027 | $20,697 | $1,317 | $19,380 |
| 2023 | $10,027 | $20,697 | $1,317 | $19,380 |
| 2021 | $2,048 | $23,438 | $2,662 | $20,776 |
| 2020 | $1,845 | $23,438 | $2,662 | $20,776 |
| 2019 | $6,413 | $35,157 | $3,993 | $31,164 |
| 2018 | $5,787 | $26,996 | $1,718 | $25,278 |
| 2017 | $5,749 | $26,996 | $1,718 | $25,278 |
| 2016 | -- | $1,718 | $1,718 | $0 |
| 2015 | $372 | $3,007 | $3,007 | $0 |
| 2014 | $359 | $1,718 | $1,718 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cory Van Note
Seller's Agent in 2023
Cory Van Note
Coastal Sands Realty
(843) 446-7927
27 in this area
97 Total Sales
-
Monica Riga
Buyer's Agent in 2023
Monica Riga
Weichert Realtors Southern Coast
(843) 333-2316
3 in this area
23 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2305151
APN: 42008010044
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.
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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