NOT LISTED FOR SALE

534 Drake Ln Unit SB Myrtle Beach, SC 29575

Estimated Value: $308,000 - $348,000

3 Beds
2 Baths
1,543 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 13, 2025

Last sale price $315,000 $204 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,962/month

1 Day on Market

Highlights

  • Property fronts a channel
  • Vaulted Ceiling
  • Furnished
  • Seaside Elementary Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of March 2025

This lovely three-bedroom, two full-bath home at 534 Drake Lane is just a short golf cart ride to the beach. It features an open, single-level, split-bedroom floor plan and a beautiful all-season room overlooking the channel. All appliances convey and the furnishings may as well, if desired. Nearby attractions include both Huntington Beach and Myrtle Beach State Parks, Garden City and Surfside Beach piers and the beautiful Brookgreen Gardens. Numerous dining, shopping, golf and entertainment venues are just minutes away as well.

Last Agent to Sell the Property

Ritch Lilly

RE/MAX Southern Shores GC License #60763 Listed on: 01/20/2025

Last Buyer's Agent

Linda B. Phillips

Realty ONE Group DocksideSouth License #101851

Realty ONE Group DocksideSouth

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 6,098 Sq Ft Lot
  • Property fronts a channel
  • Cul-De-Sac
  • 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

Interior Spaces

  • 1,543 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

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

Utilities

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

Additional Features

  • Patio
  • Outside City Limits

Community Details

  • Association fees include electric common, trash pickup, legal and accounting
  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$30 per month

Parking

5

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 Golf Cart, Tenant Allowed Golf Cart
  • Estimated Year Built: 1997
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Vinyl, Wood, Carpeting, Laminate
  • 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, Ceiling Fan
  • Lvt Date: 01/20/2025
  • Style: Ranch
  • Type Of Parking: Attached 1-Car
  • Total Heated Sq Ft: 1543
  • Geo Subdivision: SC
  • Section Subdivision: Mallard Landing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Stairs To Attic, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan
  • Other Rooms: Carolina Room, 1st Floor Bedrooms, 1st Floor Baths, Foyer
  • Kitchen Type: Range, Dishwasher, Refrigerator, Microwave, Breakfast Bar
  • Bedrooms: 3
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1973
  • Bathroom Features:Shared Primary Bath: Double Sink, Shower

Exterior Features

  • Exterior Features: Patio, Outside Storage Attached, Storm Doors, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.14

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, Legal And Accounting

Lot Info

  • Lot Location: On Channel, Outside City Limits
  • Zoning: PUD

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Feb 25, 2025
Sold by
Smith Gary Brian
Bought by
Yarina Shane and Yarina Karen
Seller's Agent
Ritch Lilly
RE/MAX Southern Shores GC
Buyer's Agent
Linda B. Phillips
Realty ONE Group DocksideSouth
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
21
Current Estimated Value
$325,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,665
Avg. Annual Appreciation
4.42%

Purchase Details

Listed on
Jan 20, 2025
Closed on
Jan 30, 2025
Sold by
Barker Debra Lynn
Bought by
Smith Gary Brian
Seller's Agent
Ritch Lilly
RE/MAX Southern Shores GC
Buyer's Agent
Linda B. Phillips
Realty ONE Group DocksideSouth
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
21

Purchase Details

Listed on
Dec 5, 2018
Closed on
May 14, 2019
Sold by
Crisp Troy O
Bought by
Barker Debra Lynn
Seller's Agent
Pete Casey
The Litchfield Company RE PI
Buyer's Agent
Ritch Lilly
RE/MAX Southern Shores GC
List Price
$193,500
Sold Price
$188,000
Premium/Discount to List
-$5,500
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$150,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Baldwin Bernard L and Baldwin Shirley A
Bought by
Crisp Troy O and Crisp Audrey S

Purchase Details

Closed on
Dec 15, 2004
Sold by
Thomas Eula I
Bought by
Baldwin Bernard L and Baldwin Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,900
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Yarina Shane $315,000 --
Smith Gary Brian -- --
Barker Debra Lynn $188,000 --
Crisp Troy O $175,000 --
Baldwin Bernard L $132,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barker Debra Lynn $150,400
Previous Owner Baldwin Bernard L $112,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2025 03/13/25 Sold $315,000 -3.1% $204 / Sq Ft
01/20/2025 01/20/25 For Sale $325,000 +72.9% $211 / Sq Ft
05/15/2019 05/15/19 Sold $188,000 -1.1% $145 / Sq Ft View Prior Sale
02/27/2019 02/27/19 Price Changed $190,000 -1.8% $146 / Sq Ft
12/05/2018 12/05/18 For Sale $193,500 -- $149 / 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 $2,654 $17,846 $7,200 $10,646
2023 $2,654 $11,096 $2,054 $9,042
2021 $2,450 $11,096 $2,054 $9,042
2020 $2,321 $11,096 $2,054 $9,042
2019 $1,870 $9,404 $2,054 $7,350
2018 $1,691 $7,742 $2,054 $5,688
2017 $1,676 $7,742 $2,054 $5,688
2016 -- $7,742 $2,054 $5,688
2015 $1,676 $7,743 $2,055 $5,688
2014 $1,620 $7,743 $2,055 $5,688
Source: Public Records

Agents Affiliated with this Home

  • Ritch Lilly

    Seller's Agent in 2025

    Ritch Lilly

    RE/MAX

    (843) 340-0571

    5 in this area

    48 Total Sales

    Ritch Lilly
    Section Image
  • Linda B. Phillips

    Buyer's Agent in 2025

    Linda B. Phillips

    Realty ONE Group DocksideSouth

    (980) 333-8189

    48 in this area

    85 Total Sales

    Linda B. Phillips
    Section Image

  • P

    Seller's Agent in 2019

    Pete Casey

    The Litchfield Company RE PI

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2501561

Coastal Carolinas Association of REALTORS®

APN: 46204010009

South Carolina Horry County Myrtle Beach 29575

534 Drake Ln Unit SB, Myrtle Beach, SC

Not Listed for Sale

Detached

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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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