NOT LISTED FOR SALE

533 Drake Ln Myrtle Beach, SC 29575

Estimated Value: $241,000 - $280,000

2 Beds
2 Baths
1,048 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $200,000 $191 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,696/month

1 Day on Market

Highlights

  • Property fronts a channel
  • Vaulted Ceiling
  • Front Porch
  • Seaside Elementary Rated A-
  • Ranch Style House
  • Patio

About This Home

As of August 2021

This cozy 2 bedroom/2bath home is in a great location and the floor plan is very open. The home has lots of light with cathedral and vaulted ceilings. There are tile floors in the kitchen and baths and carpeting elsewhere. The yard is well manicured with a channel bordering the backyard which has, to date, NEVER caused flooding even in our most torrential downpours. A lovely home that is close to the ocean by golf cart. Comfortable, cheerful, and cozy...a perfect home for YOU.

Last Agent to Sell the Property

Judy Gum

RE/MAX Southern Shores GC License #42265 Listed on: 06/16/2021

Last Buyer's Agent

David Alderman

Realty ONE Group DocksideSouth License #94466

Realty ONE Group DocksideSouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,976

Year Built

  • Built in 1997

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a channel
  • Rectangular Lot
  • Property is zoned PUD

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,048 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Location

  • East of US 17
  • Outside City Limits

Utilities

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

Community Details

  • Association fees include electric common, trash pickup, common maint/repair
  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,976

Year Built

Built in 1997

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcyle, Owner Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1997
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 30
  • HOA Management Company: Judy Gum 843-997-2530
  • Living Room Type: Vaulted/Cathedral Ceiling
  • Lvt Date: 06/16/2021
  • Sold Total Heated Sq Ft: 1048
  • Sold Total Sq Ft: 1400
  • Style: Ranch
  • Type Of Parking: Attached 1-Car
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 1048
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Bedroom 1: 12'9"x11'
  • Dining Room: 9 x 8
  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Kitchen: 12' x 10'
  • Living Room: 15'9"x13'9
  • Master Bedroom: 13' x 12'
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Range Hood
  • Master Bedroom Type: Vaulted/Cath. Ceiling, Ceiling Fan, 1st Flr Level
  • Bedrooms: 2
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1400

Exterior Features

  • Exterior Features: Patio, Front Porch, Outside Storage Attached, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.15

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Common Maint/Repair

Schools

  • Elementary School: Seaside Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Lot Location: On Channel, Outside City Limits, East Of Highway 17 Bypass, Channel View
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 2, 2021
Sold by
Klebach Norine C
Bought by
Desimone Tammy Jo
Seller's Agent
Judy Gum
RE/MAX Southern Shores GC
Buyer's Agent
David Alderman
Realty ONE Group DocksideSouth
List Price
$195,000
Sold Price
$200,000
Premium/Discount to List
$5,000
2.56%
Current Estimated Value
$267,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,325
Avg. Annual Appreciation
7.48%
Original Mortgage
$160,000
Outstanding Balance
$125,163
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$144,856
Source: Public Records

Range of Values:

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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
Desimone Tammy Jo $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desimone Tammy Jo $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $200,000 +2.6% $191 / Sq Ft
06/16/2021 06/16/21 For Sale $195,000 -- $186 / 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 $2,976 $15,003 $7,200 $7,803
2023 $2,976 $5,256 $1,394 $3,862
2021 $2,746 $8,253 $2,091 $6,162
2020 $328 $5,502 $1,394 $4,108
2019 $328 $5,502 $1,394 $4,108
2018 $275 $4,570 $1,394 $3,176
2017 $260 $4,570 $1,394 $3,176
2016 -- $4,570 $1,394 $3,176
2015 $260 $4,570 $1,394 $3,176
2014 $241 $4,570 $1,394 $3,176
Source: Public Records

Agents Affiliated with this Home

  • Judy Gum

    Seller's Agent in 2021

    Judy Gum

    RE/MAX

    (843) 997-2530

    2 in this area

    18 Total Sales

    Judy Gum
    Section Image
  • David Alderman

    Buyer's Agent in 2021

    David Alderman

    Realty ONE Group DocksideSouth

    (843) 467-6457

    7 in this area

    82 Total Sales

    David Alderman
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2113090

Coastal Carolinas Association of REALTORS®

APN: 46204010003

South Carolina Horry County Myrtle Beach 29575

533 Drake Ln, Myrtle Beach, SC

This home is located at 533 Drake Ln, Myrtle Beach, SC 29575 since 16 June 2021 and is currently estimated at $267,325, approximately $255 per square foot. This property was built in 1997. 533 Drake Ln is a home located in Horry County with nearby schools including Seaside Elementary, St. James Intermediate, and St. James Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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