NOT LISTED FOR SALE

518 Hay Hill Ln Unit C Myrtle Beach, SC 29579

Estimated Value: $248,265 - $274,000

3 Beds
2.5 Baths
1,814 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $171,000 $94 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,923/month

11 Days on Market

Highlights

  • Clubhouse
  • End Unit
  • Lawn
  • Ocean Bay Elementary School Rated A
  • Corner Lot
  • Community Pool

About This Home

As of August 2020

Come home to this beautiful two level end unit townhome located in the desirable community of The Farms at Carolina Forest. Conveniently located within 10 minutes to shopping, restaurants and the beach and easy access to and International drive, 31, 22, 17 bypass and 501! Home has fresh paint, new carpet, upgraded lighting and stainless-steel appliance package. Once inside the tiled foyer you will find a formal dining room with arched entry ways and chair rail to your right. The open living room has plenty of windows to bring in lots of natural light along with a sliding door entry to your back patio. Kitchen has pantry, recessed lighting and all new stainless steel appliances (range and dishwasher to be installed by end of June) Downstairs also includes a half bath, under stair storage, laundry room with washer and dryer and a 2 car garage. At the top of the stair is an 8’7” x 7’5” flex space with recessed lights perfect for an office, reading nook or seating area. On the second level you will find 3 spacious bedrooms and 2 bathrooms. The master suite features large bedroom with TV nook, tray ceiling, large bath with double sink vanity, separate water closet, garden tub, large shower, and large walk in closet. The Farm has endless amenities for owners and guests including an 8,000 square foot zero-entry pool, clubhouse with fitness center, playground, basketball court, sidewalks (with doggy clean-up stations) and bicycle lanes, and a second smaller pool overlooking a lake and seasonal events for the whole family. All information should be verified and approved by the buyer. Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Candace Beets

Beachfront Properties License #111708 Listed on: 06/14/2020

Last Buyer's Agent

Emily Otto

RE/MAX Southern Shores License #85377

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,379

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $331 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Tile

Interior Spaces

  • 1,814 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, trash pickup, landscape/lawn, manager, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,379

Year Built

Built in 2006

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Lot Description: Corner
  • Unit Location: End Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Cable Tv, Lawn Maintenance, Owner Allowed Motorcycle, Owner Allowed Golf Cart
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 331
  • HOA Management Company: Wacamaw Management 843-903-9551
  • Living Room Type: Ceiling Fan
  • Lvt Date: 06/14/2020
  • Sold Total Heated Sq Ft: 1814
  • Sold Total Sq Ft: 2425
  • Total Heated Sq Ft: 1814
  • Building Style: Townhouse
  • Exterior Unit Features: Patio
  • Project Section Code: Carolina Forest - The Farm
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2006

Interior Features

  • Bedroom 1: 12 x 11
  • Bedroom 2: 12 x 11
  • Dining Room: 11 x 11
  • Interior Amenities: Garage Door Opener, Fire Sprinkler, Smoke Detector, Washer/Dryer, Enter Through Foyer
  • Kitchen: 10 x 11
  • Living Room: 21 x 15
  • Master Bedroom: 16 x 12
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Double Sink, Garden Tub, Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Pantry, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Tray Ceiling, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Formal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 2425

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Private Two Car Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Landscape/Lawn, Manager, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair

Schools

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

Lot Info

  • Zoning: PDD

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
Jun 14, 2020
Closed on
Jul 28, 2020
Sold by
Terrell Thomas Groom
Bought by
Baldwin Donnie and Baldwin Bonnie Staley
Seller's Agent
Candace Beets
Beachfront Properties
Buyer's Agent
Emily Otto
RE/MAX Southern Shores
List Price
$175,000
Sold Price
$171,000
Premium/Discount to List
-$4,000
-2.29%
Total Days on Market
11
Current Estimated Value
$262,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,566
Avg. Annual Appreciation
9.22%
Original Mortgage
$153,900
Outstanding Balance
$138,046
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$124,520

Purchase Details

Listed on
Jul 11, 2019
Closed on
Sep 19, 2019
Sold by
Mcloughlin Mark
Bought by
Terrell Thomas G
Seller's Agent
Shawn Alsworth
A 1 National Realty, LLC
Buyer's Agent
Amanda Martin
Century 21 Palms Realty
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$116,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2016
Closed on
Nov 29, 2016
Sold by
Pinto Gena
Bought by
Mcloughlin Mark and Mcloughlin Rhonda L
Seller's Agent
Shawn Alsworth
A 1 National Realty, LLC
Buyer's Agent
Tatiana Sheffer
RE/MAX Southern Shores
List Price
$149,500
Sold Price
$138,000
Premium/Discount to List
-$11,500
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$110,400
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2016
Sold by
Carneiro Mario J
Bought by
Pinto Gena

Purchase Details

Closed on
Nov 12, 2007
Sold by
D R Horton Inc
Bought by
Carneiro Mario J and Carneiro Gena P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Baldwin Donnie $171,000 --
Terrell Thomas G $155,000 --
Mcloughlin Mark $138,000 --
Pinto Gena -- --
Carneiro Mario J $172,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baldwin Donnie $153,900
Previous Owner Terrell Thomas G $116,250
Previous Owner Mcloughlin Mark $110,400
Previous Owner Carneiro Mario J $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $171,000 -2.3% $94 / Sq Ft
06/14/2020 06/14/20 For Sale $175,000 +12.9% $96 / Sq Ft
09/15/2019 09/15/19 Sold $155,000 -8.8% $91 / Sq Ft
07/11/2019 07/11/19 For Sale $169,900 +23.1% $100 / Sq Ft
11/15/2016 11/15/16 Sold $138,000 -7.7% $66 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $149,500 -- $71 / 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 $2,379 $17,325 $0 $17,325
2023 $2,379 $17,325 $0 $17,325
2021 $2,195 $17,325 $0 $17,325
2020 $2,075 $17,325 $0 $17,325
2019 $1,927 $16,800 $0 $16,800
2018 $0 $13,965 $0 $13,965
2017 $1,727 $7,980 $0 $7,980
2016 -- $7,020 $0 $7,020
2015 $1,523 $12,285 $0 $12,285
2014 $1,472 $7,020 $0 $7,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2012014

Coastal Carolinas Association of REALTORS®

APN: 39607030067