NOT LISTED FOR SALE

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

Estimated Value: $207,250 - $239,000

2 Beds
2 Baths
1,251 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 11, 2017

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

Est. 71% increase in value since last sale

Current estimated payment $1,475/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 Agent to Sell the Property

Nick Stopper

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

Century 21 Stopper &Associates

Last Buyer's Agent

Robert Dicks

CB Sea Coast Advantage MB License #8330

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • Lawn

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • 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%
Current Estimated Value
$226,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,813
Avg. Annual Appreciation
7.67%
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
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 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 -- $13,200 $0 $13,200
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