NOT LISTED FOR SALE

523 Drake Ln Myrtle Beach, SC 29575

Estimated Value: $258,000 - $342,356

3 Beds
3 Baths
2,050 Sq Ft
$142/Sq Ft Est. Value

About This Home

This home is located at 523 Drake Ln, Myrtle Beach, SC 29575 and is currently estimated at $291,339, approximately $142 per square foot. 523 Drake Ln is a home located in Horry County with nearby schools including Seaside Elementary, St. James Intermediate, and St. James Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Korb Lynne B
Bought by
Redhead Home Properties
Current Estimated Value
$291,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Outstanding Balance
$224,063
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$67,276

Purchase Details

Closed on
Mar 31, 2009
Sold by
Moody Jeffrey L
Bought by
Korb Lynne B

Purchase Details

Closed on
Jun 4, 1999
Sold by
Hammonds Jeffrey D and Hammonds Susan B
Bought by
Moody Jeffrey L and Moody Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,400
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Redhead Home Properties $255,000 --
Korb Lynne B $174,500 --
Moody Jeffrey L $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redhead Home Properties $296,250
Previous Owner Moody Jeffrey L $100,400
Source: Public Records

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 $607 $12,243 $4,800 $7,443
2023 $607 $6,631 $1,394 $5,237
2021 $527 $7,494 $1,394 $6,100
2020 $447 $7,494 $1,394 $6,100
2019 $447 $7,494 $1,394 $6,100
2018 $382 $5,766 $1,394 $4,372
2017 $367 $5,766 $1,394 $4,372
2016 -- $5,766 $1,394 $4,372
2015 $367 $5,766 $1,394 $4,372
2014 $340 $5,766 $1,394 $4,372
Source: Public Records

Map

South Carolina Horry County Myrtle Beach 29575

523 Drake Ln, Myrtle Beach, SC

This home is located at 523 Drake Ln, Myrtle Beach, SC 29575 and is currently estimated at $291,339, approximately $142 per square foot. 523 Drake Ln is a home located in Horry County with nearby schools including Seaside Elementary, St. James Intermediate, and St. James Middle School.

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.

Nearby Homes