$187,000
SOLD JUN 14, 2019

520 Drake Ln Myrtle Beach, SC 29575

3 Beds
3 Baths
1,501 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

11% Below List Price

59 Days on Market

Highlights

  • Lake On Lot
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Seaside Elementary Rated A-
  • Bi-Level Home
  • Corner Lot

About This Home

As of January 2023

This Beautiful 3 bedroom 3 full bath home, in the desirable neighborhood of Mallard Landing is just a golf cart ride to the Beach. Open concept floor plan with high vaulted ceilings. The Master bedroom and bathroom are 1st floor level. The kitchen has stainless steel double door refrigerator and all appliances convey with this home! This is a special home located on a corner lot and has a side concrete patio for relaxing, and enjoying the beautiful natural views of the canal. Owner has made many UPGRADES to this home like NEW hot water heater just 4 yrs old, NEW roof with 50 yr warranty, Dishwasher & Refrigerator just 2-3 yrs old, the 2 bedrooms and 2 baths downstairs also kitchen and dining room have been freshly painted. Owner is also granting a credit as a selling bonus to install NEW flooring. All bedrooms have ceiling fans and 2 bedrooms have walk in closets. Owner has scheduled to replace arched window in living room. This quiet neighborhood has sidewalks and street lighting. LOW HOA fees! Mallard Landing is ideally located close to the beach, markets, medical facilities, grocery stores, restaurants, and entertainment and marsh walk of Murrells Inlet. MAKE YOUR OFFER!! All measurements and square footage are approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

KJ Jordan

CB Sea Coast Advantage CF License #15844 Listed on: 02/27/2019

CB Sea Coast Advantage CF

Last Buyer's Agent

KJ Jordan

CB Sea Coast Advantage CF License #15844 Listed on: 02/27/2019

CB Sea Coast Advantage CF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1997

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • 1,501 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Area
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Schools

  • Seaside Elementary School
  • Socastee Middle School
  • Socastee High School

Utilities

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

Additional Features

  • Lake On Lot
  • Corner Lot

Community Details

  • Association fees include electric common, trash pickup

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,274

Year Built

Built in 1997

Lot Details

0

HOA Fees

$30 per month

Parking

4

Listing Details

  • Lot Description: Corner
  • Amenities Available: Home Owners Assoc. Fees, Seller Disclosure, Long Term Rental Allowed
  • Estimated Year Built: 1997
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 30
  • HOA Management Company: Henry Owens 843 215 5363
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Lvt Date: 02/27/2019
  • Sold Total Heated Sq Ft: 1501
  • Sold Total Sq Ft: 1901
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1501
  • Geo Subdivision: SC
  • Section Subdivision: Mallard Landing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Interior Amenities: Wshr/Dryer Connection, Washer/Dryer
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths
  • Primary Bathroom: Double Sink, Garden Tub, Shower
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Master Bedroom Type: 1st Flr Level, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Area
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 1901

Exterior Features

  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup

Schools

  • Elementary School: Seaside Elementary School
  • Middle School: Socastee Middle School
  • High School: Socastee High School

Lot Info

  • Lot Location: On Lake/Pond
  • Zoning: RES

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Socastee High School
  • Middle School: Socastee Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Jan 19, 2023
Sold by
Mccaskill Charles Bruce
Bought by
Plummer Michael R and Plummer Sondra R
Seller's Agent
KJ Jordan
CB Sea Coast Advantage CF
Buyer's Agent
Rebecca Baldessari
Pawleys Island Realty Co
List Price
$339,900
Sold Price
$320,000
Premium/Discount to List
-$19,900
-5.85%
Views
122
Current Estimated Value
$364,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,416
Avg. Annual Appreciation
4.93%
Original Mortgage
$331,520
Outstanding Balance
$320,637
Interest Rate
6.27%
Mortgage Type
VA
Estimated Equity
$43,779

Purchase Details

Listed on
Feb 27, 2019
Closed on
Jun 14, 2019
Sold by
Navey Liane
Bought by
Mccaskill Charles B and Mccaskill Toni D
Seller's Agent
KJ Jordan
CB Sea Coast Advantage CF
Buyer's Agent
KJ Jordan
CB Sea Coast Advantage CF
List Price
$209,900
Sold Price
$187,000
Premium/Discount to List
-$22,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Original Mortgage
$183,612
Interest Rate
3.75%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $320,000 --
Warranty Deed $187,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,520 VA
Previous Owner $183,612 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $320,000 -2.7% $200 / Sq Ft
12/02/2022 12/02/22 Price Changed $328,900 -0.3% $206 / Sq Ft
09/26/2022 09/26/22 Price Changed $329,900 -2.9% $206 / Sq Ft
09/02/2022 09/02/22 For Sale $339,900 +81.8% $212 / Sq Ft
06/14/2019 06/14/19 Sold $187,000 -1.5% $125 / Sq Ft
04/24/2019 04/24/19 Price Changed $189,900 -5.0% $127 / Sq Ft
03/28/2019 03/28/19 Price Changed $199,900 -4.8% $133 / Sq Ft
02/27/2019 02/27/19 For Sale $209,900 -- $140 / 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 $1,274 $12,888 $4,891 $7,997
2023 $1,274 $7,722 $1,450 $6,272
2021 $820 $7,722 $1,450 $6,272
2020 $2,419 $7,722 $1,450 $6,272
2019 $662 $7,722 $1,450 $6,272
2018 $598 $6,178 $1,450 $4,728
2017 $583 $6,178 $1,450 $4,728
2016 -- $6,178 $1,450 $4,728
2015 $583 $6,178 $1,450 $4,728
2014 $539 $6,178 $1,450 $4,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1904573

Coastal Carolinas Association of REALTORS®

APN: 46204010016