NOT LISTED FOR SALE

525 Merlot Ct Myrtle Beach, SC 29579

Estimated Value: $326,000 - $366,000

4 Beds
2 Baths
1,601 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $222,000 $139 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,990/month

156 Days on Market

Highlights

  • Vaulted Ceiling
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Beamed Ceilings
  • Forestbrook Elementary School Rated A
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of August 2020

What a rare find in a highly desirable area, just a ten minute drive to the beach! This one-story home in a cul-de-sac in the beautifully maintained community of Forestbrook Reserve features: a brick accent on the front, open concept, vaulted ceilings, kitchen bay window, four bedrooms, split bedroom plan, master en suite, two full bathrooms, laundry room, two car garage, patio and a fenced in backyard. You will want to schedule a showing as soon as possible. Homes with these features, especially in a cul-de-sac with almost a quarter of an acre, are difficult to locate in Myrtle Beach! MOTIVATED SELLER, PRICED TO SELL QUICK! BRING ALL OFFERS!

Last Agent to Sell the Property

Bert Kavanaugh

Realty ONE Group Dockside License #112191 Listed on: 02/03/2020

Realty ONE Group Dockside

Last Buyer's Agent

Debbie Panza

Weichert Realtors Southern Coa License #100745

Weichert Realtors Southern Coa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 2012

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 1,601 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include electric common, legal and accounting, common maint/repair, manager

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 2012

Lot Details

0

HOA Fees

$25 per month

Parking

4

Listing Details

  • Lot Description: Cul-De-Sac
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 2012
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 25
  • HOA Management Company: Waccamaw Management
  • Lvt Date: 02/03/2020
  • Sold Total Heated Sq Ft: 1601
  • Sold Total Sq Ft: 2101
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1601
  • Geo Subdivision: SC
  • Section Subdivision: Forestbrook Reserve
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility
  • Primary Bathroom: Beam Ceiling, Shower, Tub, Vanity, Vaulted/Cathedral Ceiling
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave, Pantry, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cath. Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Area, Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2101

Exterior Features

  • Exterior Features: Patio
  • Exterior Finish: Masonry Accent, Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.23

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Legal And Accounting, Common Maint/Repair, Manager

Schools

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

Lot Info

  • Zoning: Residentia

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

Listed on
Feb 3, 2020
Closed on
Aug 19, 2020
Sold by
Corbett Patrick R
Bought by
Higgins Benjamin W and Higgins Cordelia K
Seller's Agent
Bert Kavanaugh
Realty ONE Group Dockside
Buyer's Agent
Debbie Panza
Weichert Realtors Southern Coa
List Price
$249,219
Sold Price
$222,000
Premium/Discount to List
-$27,219
-10.92%
Current Estimated Value
$340,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,169
Avg. Annual Appreciation
9.68%
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

Closed on
Jan 18, 2013
Sold by
Flagship Construction Inc
Bought by
Corbett Patrick R
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
08/19/2020 08/19/20 Sold $222,000 -1.3% $139 / Sq Ft
07/02/2020 07/02/20 Price Changed $224,919 -1.9% $140 / Sq Ft
05/13/2020 05/13/20 Price Changed $229,182 -4.4% $143 / Sq Ft
04/27/2020 04/27/20 Price Changed $239,608 -1.4% $150 / Sq Ft
03/19/2020 03/19/20 Price Changed $243,109 -0.8% $152 / Sq Ft
02/19/2020 02/19/20 Price Changed $245,119 -1.6% $153 / Sq Ft
02/03/2020 02/03/20 For Sale $249,219 -- $156 / 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 $1,028 $8,882 $1,486 $7,396
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: 2002589

Coastal Carolinas Association of REALTORS®

APN: 42703020097