NOT LISTED FOR SALE

521 Drake Ln Unit SB Myrtle Beach, SC 29575

Estimated Value: $325,058 - $381,000

3 Beds
2 Baths
1,500 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $203,500 $136 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,099/month

71 Days on Market

About This Home

As of September 2017

Great floor plan in Surfside Beach, just a golf cart ride to the Beach and close to all that Myrtle Beach has to offer This is a special home located on a corner lot on a beautiful pond with an expanded patio with an outdoor kitchen for you to enjoy as well as nice screened porch. Kitchen has stainless steel appliance as well as granite,tile back splash,custom cabinets and beautiful tile floors.Nice master bedroom suite with an updated master bath including a wonderful walk in tile shower.Roof , appliances and air conditioner have been recently replaced Add this one to your list , this one will not last long.

Last Agent to Sell the Property

Thomas McLean Jr

Realtyworks Inc License #19648 Listed on: 06/12/2017

Last Buyer's Agent

The Rowe Group

Rowe Ventures

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1998

Lot Details

  • 8,712

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,500 Sq Ft Home
  • Traditional Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,582

Year Built

Built in 1998

Lot Details

0

HOA Fees

$30 per month

Parking

4

Listing Details

  • Estimated Year Built: 1998
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Great Family Room: 15x18
  • Monthly HOA as Calculated: 30
  • HOA Management Company: Henry Owens 843 215 5363
  • Lvt Date: 06/13/2017
  • Sold Total Heated Sq Ft: 1500
  • Sold Total Sq Ft: 2100
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1500
  • Geo Subdivision: SC
  • Section Subdivision: Mallard Landing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Bedroom 1: 11x10
  • Bedroom 2: 11x10
  • Dining Room: 11x10
  • Master Bedroom: 13x14
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Sq Ft: 2100

Garage/Parking

  • Type: Detached

Schools

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

Lot Info

  • Zoning: R

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
Jun 12, 2017
Closed on
Sep 14, 2017
Sold by
Haugen Gregory D
Bought by
Gibson Christopher A and Gibson Cherie A
Seller's Agent
Thomas McLean Jr
Realtyworks Inc
Buyer's Agent
The Rowe Group
Rowe Ventures
List Price
$220,000
Sold Price
$203,500
Premium/Discount to List
-$16,500
-7.5%
Current Estimated Value
$349,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,265
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
May 16, 2008
Sold by
Peoples Angela A and Haugen Angela
Bought by
Haugen Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
5.86%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 29, 2003
Sold by
Hollenbeck Randy L and Hollenbeck Kathleen S
Bought by
Haugen Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
6.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 2, 1999
Sold by
Gibson Donald Lee and Gibson Susan Marie
Bought by
Hollenbeck Randy L and Hollenbeck 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
$96,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gibson Christopher A $203,500 --
Haugen Gregory D $168,000 --
Haugen Angela $122,500 --
Hollenbeck Randy L $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haugen Gregory D $134,400
Previous Owner Haugen Angela $24,500
Previous Owner Haugen Angela $98,000
Previous Owner Hollenbeck Randy L $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $203,500 -7.5% $136 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $220,000 -- $147 / 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 $2,582 $17,839 $7,338 $10,501
2023 $2,582 $10,785 $2,175 $8,610
2021 $2,384 $10,785 $2,175 $8,610
2020 $2,257 $10,785 $2,175 $8,610
2019 $2,257 $10,785 $2,175 $8,610
2018 $2,588 $11,961 $2,175 $9,786
2017 $537 $8,493 $2,175 $6,318
2016 -- $5,662 $1,450 $4,212
2015 $537 $5,662 $1,450 $4,212
2014 $496 $5,662 $1,450 $4,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1712987

Coastal Carolinas Association of REALTORS®

APN: 46203020004