NOT LISTED FOR SALE

524 Banks Dr Unit 2-2 Myrtle Beach, SC 29588

Estimated Value: $215,811 - $282,000

2 Beds
2 Baths
1,251 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $132,500 $106 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,633/month

51 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Community Pool
  • Lakewood Elementary Rated A
  • Lawn
  • Front Porch

About This Home

As of August 2017

Come view this beautiful 2 bedroom, 2 full bath, single level townhome. This unit offers a front porch to allow relaxing on a pair of rockers, or enjoy the fenced in backyard while entertaining guests! Being on a single level, this split bedroom floorplan offers vaulted ceilings, laminate flooring in each bedroom, and tile flooring throughout the common areas. Master Bathroom has a walk in shower while the other bathroom offers a shower/bath combo. All kitchen appliances convey (Refrigerator, stove, microwave, dishwasher, etc.) and it offers a pantry, breakfast bar, and an open view to the family and dining room. The custom paint and ceiling fans in each room finish this townhome off with a beautiful touch. Don't let this one slip away!

Last Listed By

Nick Stopper

Century 21 Stopper &Associates License #60427 Listed on: 05/23/2017

Century 21 Stopper &Associates

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • Lawn

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Family or Dining Combination
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Lakewood Elementary School
  • Forestbrook Middle School
  • Socastee High School

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Great Family Room: 15x14
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 280
  • HOA Management Company: First Service Residential 843-357-9888
  • Lvt Date: 05/23/2017
  • Sold Total Heated Sq Ft: 1251
  • Sold Total Sq Ft: 1351
  • Total Heated Sq Ft: 1251
  • Building Style: One Story
  • Building Location: Outside City Limits
  • Exterior Unit Features: Front Porch, Patio
  • HOA Fees include insurance: Yes
  • Project Section Code: Courtyard At Cascades
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Bedroom 1: 11x11
  • Interior Amenities: Wind Treat. Convey, Split Bedroom Plan, Smoke Detector, Wshr/Dryer Connection
  • Master Bedroom: 13x12
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer, Laundry/Utility
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Pantry
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cathedral Ceiling, Ceiling Fan, Linen Closet, Walk-In Closet
  • Bedrooms: 2
  • Dining Room Type: Area, Fam/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1351

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair

Schools

  • Elementary School: Lakewood Elementary School
  • Middle School: Forestbrook Middle School
  • High School: Socastee High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Lakewood Elementary School
  • HighSchool: Socastee High School
  • Middle School: Forestbrook Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Aug 11, 2017
Sold by
Schwartz Clara F
Bought by
Katzenberger Kristofer
Seller's Agent
Nick Stopper
Century 21 Stopper &Associates
Buyer's Agent
Robert Dicks
CB Sea Coast Advantage MB
List Price
$145,900
Sold Price
$132,500
Premium/Discount to List
-$13,400
-9.18%
Total Days on Market
51
Current Estimated Value
$241,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,203
Avg. Annual Appreciation
8.02%
Original Mortgage
$132,500
Outstanding Balance
$112,070
Interest Rate
4.03%
Mortgage Type
VA
Estimated Equity
$129,633

Purchase Details

Closed on
Feb 20, 2015
Sold by
Rays Seaside Llc
Bought by
Schwartz Clara F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Bill Clark Homes Of Myrtle Beach Llc
Bought by
Rays Seaside Llc

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
Katzenberger Kristofer $132,500 --
Schwartz Clara F $107,000 --
Rays Seaside Llc $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katzenberger Kristofer $132,500
Previous Owner Schwartz Clara F $101,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $132,500 -9.2% $106 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $145,900 -- $117 / 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 -- $16,118 $0 $16,118
2023 $0 $16,118 $0 $16,118
2021 $89 $16,118 $0 $16,118
2020 $44 $16,118 $0 $16,118
2019 $44 $16,118 $0 $16,118
2018 $44 $14,396 $0 $14,396
2017 $424 $11,550 $0 $11,550
2016 -- $11,550 $0 $11,550
2015 $468 $4,800 $0 $4,800
2014 -- $7,200 $0 $7,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1711460

Coastal Carolinas Association of REALTORS®

APN: 44100000333