NOT LISTED FOR SALE

525 Merlot Ct Myrtle Beach, SC 29579

Estimated Value: $334,540 - $373,000

4 Beds
2 Baths
1,601 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 19, 2020

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

Est. 57% increase in value since last sale

Current estimated payment $2,048/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 Listed By

Bert Kavanaugh

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

Realty ONE Group Dockside

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
  • 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%
Total Days on Market
156
Current Estimated Value
$349,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,385
Avg. Annual Appreciation
10.04%
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

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