NOT LISTED FOR SALE

525 Merlot Ct Unit Lot 28 Myrtle Beach, SC 29579

Estimated Value: $316,000 - $364,000

4 Beds
2 Baths
1,525 Sq Ft
$222/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $163,328 $107 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,893/month

Highlights

  • Newly Remodeled
  • Clubhouse
  • Ranch Style House
  • Forestbrook Elementary School Rated A
  • Vaulted Ceiling
  • Community Pool

About This Home

As of January 2013

Forestbrook Reserve is a new community in a great location featuring sidewalks, 10 acre lake, 63 acre conservation area, walking trails and picnic area. Homes are on a raised slab with brick accents.Optional membership for use of the Forestbrook community clubhouse, pool, tennis courts, and playground. Savant- 4 bedroom split floor plan. Standard features include hardwood flooring in foyer& great rm, 18" tile in kitchen,dining rm, baths and laundry room. Beveled edge counter tops in kitchen, maple cabinets with crown molding, all appliances including refrigerator, ceiling fans with light kits, raised vanities in both baths, finished garage with pull down steps to attic. Built in termite and pest control systems. Cul-de-sac homesite. Make your selections and customize if needed. 60 day build time. Picture is of similar home without brick accent. Seller is a SC licensed Realtor.

Last Agent to Sell the Property

Misty Worley

Benchmark Communities License #18050 Listed on: 10/03/2012

Last Buyer's Agent

Chris Kavanagh

Watermark Real Estate Group License #80998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Irregular Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Masonry Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,525 Sq Ft Home
  • Vaulted Ceiling
  • Insulated Doors
  • Entrance Foyer
  • Formal Dining Room
  • Carpet
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • No Carpet
  • Outside City Limits

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$23 per month

Parking

4

Listing Details

  • Lot Description: Irregular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court
  • Estimated Year Built: 2012
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Annually
  • Great Family Room: 17x13'4"
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 23
  • HOA Management Company: Edmond LaFrance 843.492.0088
  • Home Warranty: Yes
  • Sold Total Heated Sq Ft: 1525
  • Sold Total Sq Ft: 2051
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1525
  • Section Subdivision: Forestbrook Reserve
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Bedroom 1: 10x10
  • Bedroom 2: 10x10
  • Bedroom 3: 11'3"x10
  • Dining Room: 10x9'6"
  • Interior Amenities: Stairs To Attic, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Kitchen: 11x8'6"
  • Master Bedroom: 15'11"x12
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave, Pantry, Range
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cath. Ceiling
  • Bedrooms: 4
  • Dining Room Type: Area
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2051

Exterior Features

  • Exterior Features: Patio, Front Porch, Insulated Doors/Windows
  • Exterior Finish: Masonry Accent, Vinyl Siding, Wood Frame
  • Foundation: Slab
  • Number Of Acres: 0.23

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Sewer, Water Public

Schools

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

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: RES

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Corbett Patrick R
Bought by
Higgins Benjamin W and Higgins Cordelia K
Current Estimated Value
$337,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,011
Outstanding Balance
$119,571
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$229,814

Purchase Details

Closed on
Aug 30, 2019
Sold by
Corbett Patrick R
Bought by
Corbett Patrick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2012
Closed on
Jan 18, 2013
Sold by
Flagship Construction Inc
Bought by
Corbett Patrick R
Seller's Agent
Misty Worley
Benchmark Communities
Buyer's Agent
Chris Kavanagh
Watermark Real Estate Group
List Price
$163,328
Sold Price
$163,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
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
Higgins Benjamin W $222,000 --
Corbett Patrick R $5,500 --
Corbett Patrick R $163,328 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Benjamin W $133,011
Previous Owner Corbett Patrick R $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $163,328 0.0% $107 / Sq Ft
10/03/2012 10/03/12 For Sale $163,328 -- $107 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
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 $1,028 $13,367 $4,600 $8,767
2023 $1,028 $8,882 $1,486 $7,396
2021 $929 $8,882 $1,486 $7,396
2020 $2,479 $8,130 $1,486 $6,644
2019 $733 $8,130 $1,486 $6,644
2018 $661 $6,879 $1,151 $5,728
2017 $646 $6,879 $1,151 $5,728
2016 -- $6,879 $1,151 $5,728
2015 $646 $6,879 $1,151 $5,728
2014 $596 $6,879 $1,151 $5,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1215924

Coastal Carolinas Association of REALTORS®

APN: 42703020097