NOT LISTED FOR SALE

537 Drake Ln Myrtle Beach, SC 29575

Estimated Value: $282,000 - $320,000

3 Beds
2 Baths
1,300 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $149,100 $115 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,679/month

93 Days on Market

Highlights

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

About This Home

As of March 2019

This wonderful 3 bedroom 2 bath home, in the desirable neighborhood of Mallard Landing, is just over two miles to the beach. This quiet neighborhood has sidewalks and street lighting. HOA fees are at a minimum. This home has a rear concrete patio for relaxing, and enjoying the beautiful natural views of the canal. Covered front patio, high vaulted ceilings, with plenty of sunshine. Located in between 17 business and 17 bypass the property is ideally located close to the beach, markets, medical facilities, grocery stores, restaurants, and entertainment.

Last Agent to Sell the Property

Reban Juliano

Myrtle Beach Real Estate LLC License #77517 Listed on: 11/09/2018

Last Buyer's Agent

Dennis Cartner

Exit Coastal Real Estate Pros License #107148

Exit Coastal Real Estate Pros

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1998

Lot Details

  • Property fronts a channel
  • Cul-De-Sac
  • Rectangular Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,300 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Dining Area
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Saint James 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

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$720

Year Built

Built in 1998

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Lot Description: Cul-De-Sac, Rectangular
  • Four Sided Lot Measurement: 55x106x52x112
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1998
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 30
  • HOA Management Company: Mallard Landing 843-650-5080
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Lvt Date: 11/09/2018
  • Sold Total Heated Sq Ft: 1300
  • Sold Total Sq Ft: 1369
  • Style: Ranch
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 1300
  • Geo Subdivision: SC
  • Section Subdivision: Mallard Landing
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility
  • Primary Bathroom: Shower, Vanity, Vaulted/Cathedral Ceiling
  • Kitchen Type: Breakfast Bar, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Microwave, Refrigerator, Range Hood, Range
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cath. Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Area, Ceiling Fan, Vaulted/Cathedral Ceiling
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1369

Exterior Features

  • Exterior Features: Patio, Front Porch, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding, Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup

Schools

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

Lot Info

  • Lot Location: On Channel
  • Zoning: RES

MLS Schools

  • Elementary School: Saint James 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
Nov 9, 2018
Closed on
Mar 25, 2019
Sold by
Stroble Donna
Bought by
Hennen Heidi S
Seller's Agent
Reban Juliano
Myrtle Beach Real Estate LLC
Buyer's Agent
Dennis Cartner
Exit Coastal Real Estate Pros
List Price
$154,900
Sold Price
$149,100
Premium/Discount to List
-$5,800
-3.74%
Current Estimated Value
$299,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,670
Avg. Annual Appreciation
11.29%
Original Mortgage
$146,398
Outstanding Balance
$128,630
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$171,140

Purchase Details

Listed on
Mar 16, 2016
Closed on
Sep 19, 2016
Sold by
Bishara Makram A
Bought by
Stroble Donna
Seller's Agent
Bill Bellamy
CENTURY 21 Thomas
Buyer's Agent
Donna Ogle
Realty ONE Group DocksideSouth
List Price
$153,999
Sold Price
$129,000
Premium/Discount to List
-$24,999
-16.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$118,680
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2009
Sold by
Bishara Makram A
Bought by
Bishara Properties Lp

Purchase Details

Closed on
Mar 20, 2007
Sold by
Norton Gail W
Bought by
Bishara Makram A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2000
Sold by
Deaver Ronald R
Bought by
Norton Gail W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,300
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage
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
Hennen Heidi S $149,100 --
Stroble Donna $129,000 --
Bishara Properties Lp -- --
Bishara Makram A $165,000 Attorney
Norton Gail W $90,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennen Heidi S $146,398
Previous Owner Stroble Donna $118,680
Previous Owner Bishara Makram A $70,000
Previous Owner Norton Gail W $81,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $149,100 -3.7% $115 / Sq Ft
11/09/2018 11/09/18 For Sale $154,900 +20.1% $119 / Sq Ft
09/19/2016 09/19/16 Sold $129,000 -16.2% $99 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $153,999 -- $118 / 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 $720 $10,805 $4,803 $6,002
2023 $720 $5,961 $1,401 $4,560
2021 $653 $5,961 $1,401 $4,560
2020 $563 $5,961 $1,401 $4,560
2019 $1,825 $6,353 $1,401 $4,952
2018 $0 $5,033 $1,401 $3,632
2017 $1,635 $5,033 $1,401 $3,632
2016 -- $5,033 $1,401 $3,632
2015 $1,635 $7,550 $2,102 $5,448
2014 $1,581 $7,550 $2,102 $5,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1822759

Coastal Carolinas Association of REALTORS®

APN: 46204010005