NOT LISTED FOR SALE

516 Colonial Trace Dr Unit 8E Longs, SC 29568

Estimated Value: $224,000 - $233,299

3 Beds
2 Baths
1,610 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $254,000 $158 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,699/month

23 Days on Market

Highlights

  • Lake View
  • Deck
  • Solid Surface Countertops
  • Riverside Elementary School Rated A-
  • End Unit
  • Community Pool

About This Home

As of June 2023

BACK ON THE MARKET NO FAULT TO THE SELLER! This two story townhome style condo is a end unit on a cul-de-sac in the sought-after golf community of Colonial Charters. A large foyer welcomes you and flows directly to the open living and dining space. It has LVP flooring in the main living areas and carpet in the bedrooms, New granite counter tops, New Trex type decking on the balcony overlooking the nice views of the pond and natural area.The Master bedroom is on the first floor with an en-suite bathroom. It features a walk-in closet, walk-in tiled shower, tub, and dual sink vanity. One level living if needed. Upstairs, two sizeable bedrooms share a common bathroom with ample closet space.The lower level has a closed in sunroom and outside back patio. Plenty of storage above carport and outside attached storage room. Large private driveway and carport for easy parking. Hoa includes landscaping, pest control, cable, internet, trash pickup, exterior maintenance, pool and more. Some items will convey with the property. Less than 7 miles to the beaches of Cherry Grove and North Myrtle Beach. This location also provides direct access to the Highway 17 Bypass, 31, and 22 providing you a quick route to both North Myrtle Beach and the south end.Call for a showing today!

Last Agent to Sell the Property

Horonzy Group

BHHS Myrtle Beach Real Estate Listed on: 05/03/2023

BHHS Myrtle Beach Real Estate

Co-Listed By

Stacy BeLue

INNOVATE Real Estate License #108502

Last Buyer's Agent

Rose Hughes

Century 21 Barefoot Realty License #108132

Century 21 Barefoot Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $975

Year Built

  • Built in 2005

Lot Details

  • End Unit

HOA Fees

  • $404 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,610 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Combination Dining and Living Room
  • Lake Views
  • Home Security System
  • Solid Surface Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Riverside Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include pool service, landscape/lawn, insurance, legal and accounting, master antenna/cable TV, common maint/repair, pest control

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$975

Year Built

Built in 2005

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Unit Location: End Unit, Lake/Pond View
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Luxury Vinyl Plank/Tile, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 404
  • HOA Management Company: PAM (843) 280-6100 PAM@SCPAMINC.COM
  • Living Room Type: Ceiling Fan
  • Lvt Date: 05/03/2023
  • Sold Total Heated Sq Ft: 1610
  • Sold Total Sq Ft: 1730
  • Total Heated Sq Ft: 1610
  • Building Style: Townhouse
  • Building Location: On Lake/Pond, Outside City Limits, In Golf Course Community
  • Estimated Lot Size: .21
  • Exterior Unit Features: Balcony, Deck, Patio, Outside Storage Attached
  • HOA Fees include insurance: Yes
  • Project Section Code: Colonial Trace
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Interior Amenities: Security System, Split Bedroom Plan, Smoke Detector, Skylights, Washer/Dryer, Wshr/Dryer Connection
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Double Sink, Garden Tub, Shower
  • Kitchen Type: Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Two-Story
  • Total Sq Ft: 1730

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool Service, Landscape/Lawn, Insurance, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Pest Control

Schools

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

Lot Info

  • Zoning: PUD

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 20, 2023
Sold by
Miale Eugene Joseph
Bought by
Cipriano Joanne Marie
Seller's Agent
Horonzy Group
BHHS Myrtle Beach Real Estate
Buyer's Agent
Rose Hughes
Century 21 Barefoot Realty
List Price
$265,500
Sold Price
$254,000
Premium/Discount to List
-$11,500
-4.33%
Views
308
Current Estimated Value
$228,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,925
Avg. Annual Appreciation
-4.61%
Original Mortgage
$203,200
Outstanding Balance
$197,943
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$30,132

Purchase Details

Closed on
May 27, 2005
Sold by
North Pointe Land Co Inc
Bought by
Bazzarre William R and Bazzarre Kathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 25, 2005
Sold by
North Pointe Land Co Inc
Bought by
Miale Eugene J and Miale Marilyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
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
Cipriano Joanne Marie $254,000 --
Bazzarre William R $124,900 --
Miale Eugene J $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cipriano Joanne Marie $203,200
Previous Owner Miale Eugene J $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $254,000 -4.3% $158 / Sq Ft
05/03/2023 05/03/23 For Sale $265,500 -- $165 / 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 $975 $14,460 $0 $14,460
2023 $975 $14,070 $0 $14,070
2021 $596 $14,070 $0 $14,070
2020 $337 $14,070 $0 $14,070
2019 $337 $14,070 $0 $14,070
2018 $288 $12,390 $0 $12,390
2017 $273 $12,390 $0 $12,390
2016 -- $12,390 $0 $12,390
2015 $273 $4,720 $0 $4,720
2014 $254 $4,720 $0 $4,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2308633

Coastal Carolinas Association of REALTORS®

APN: 30508040129