NOT LISTED FOR SALE

536 Banks Dr Unit 32 Myrtle Beach, SC 29588

Estimated Value: $226,000 - $281,000

3 Beds
2 Baths
1,400 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $70,651 $50 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,690/month

104 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Skylights
  • Lakewood Elementary Rated A
  • Community Pool
  • Rear Porch

About This Home

As of March 2012

No first look period for investors. Investors can act now. This townhome is a fixer upper with tremendous equity opportunity for any handyman. It is not move in ready and priced to reflect.

Last Agent to Sell the Property

Blake Sloan

Sloan Realty Group License #26733 Listed on: 11/22/2011

Last Buyer's Agent

Eileen Henriksen

RE/MAX Southern Shores NMB License #54948

RE/MAX Southern Shores NMB

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $587

Year Built

  • Built in 2005

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Rear Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, common maint/repair

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$587

Year Built

Built in 2005

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Home Owners Assn Fee
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 270
  • HOA Management Company: Premier Mgmt, 843-357-4515
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Sold Total Heated Sq Ft: 1400
  • Sold Total Sq Ft: 1400
  • Total Heated Sq Ft: 1400
  • Building Style: One Story
  • Exterior Unit Features: Rear Porch
  • HOA Fees include insurance: Yes
  • Project Section Code: Courtyard At Cascades
  • Geo Subdivision: SC
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Interior Amenities: Skylights, Wshr/Dryer Connection
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cathedral Ceiling, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1400

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Private Grg

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Common Maint/Repair

Schools

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

Lot Info

  • Zoning: PUD

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2015
Sold by
Lamorte Peter W
Bought by
Edmisten William S
Current Estimated Value
$259,653

Purchase Details

Listed on
Nov 22, 2011
Closed on
Mar 15, 2012
Sold by
Weldon Homeowners Assn Inc
Bought by
Lamorte Peter W
Seller's Agent
Blake Sloan
Sloan Realty Group
Buyer's Agent
Eileen Henriksen
RE/MAX Southern Shores NMB
List Price
$85,000
Sold Price
$70,651
Premium/Discount to List
-$14,349
-16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%

Purchase Details

Closed on
Nov 23, 2010
Sold by
Master In Equity Horry County
Bought by
Housing Finance & Development Authority

Purchase Details

Closed on
Apr 16, 2008
Sold by
Adams Michael R and Adams Catherine
Bought by
Gleaves William Dalton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 4, 2005
Sold by
Bill Clark Homes Of Myrtle Beach Llc
Bought by
Adams Michael R and Adams Catherine
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
Edmisten William S $141,500 --
Lamorte Peter W $70,651 --
Housing Finance & Development Authority -- --
Gleaves William Dalton $144,000 --
Adams Michael R $155,410 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gleaves William Dalton $2,000
Previous Owner Gleaves William Dalton $139,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $70,651 -16.9% $50 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $85,000 -- $61 / 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 $587 $15,000 $0 $15,000
2023 $587 $18,501 $0 $18,501
2021 $509 $18,501 $0 $18,501
2020 $431 $18,501 $0 $18,501
2019 $431 $18,501 $0 $18,501
2018 $0 $14,700 $0 $14,700
2017 $531 $14,700 $0 $14,700
2016 -- $14,700 $0 $14,700
2015 $450 $5,200 $0 $5,200
2014 $417 $5,200 $0 $5,200
Source: Public Records

Agents Affiliated with this Home

  • Blake Sloan

    Seller's Agent in 2012

    Blake Sloan

    Sloan Realty Group

    (843) 213-1346

    70 in this area

    996 Total Sales

    Blake Sloan
    Section Image
  • Eileen Henriksen

    Buyer's Agent in 2012

    Eileen Henriksen

    RE/MAX

    (843) 424-8559

    160 Total Sales

    Eileen Henriksen
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1119204

Coastal Carolinas Association of REALTORS®

APN: 44100000328

South Carolina Horry County Myrtle Beach 29588

536 Banks Dr Unit 32, Myrtle Beach, SC

This home is located at 536 Banks Dr Unit 32, Myrtle Beach, SC 29588 since 22 November 2011 and is currently estimated at $259,653, approximately $185 per square foot. This property was built in 2005. 536 Banks Dr Unit 32 is a home located in Horry County with nearby schools including Lakewood Elementary, Socastee Middle, and Socastee High 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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