NOT LISTED FOR SALE

540 Drake Ln Unit Mallard Landing Myrtle Beach, SC 29575

Estimated Value: $307,297 - $372,000

3 Beds
3 Baths
1,850 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $152,000 $82 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,879/month

92 Days on Market

Highlights

  • Lake On Lot
  • Vaulted Ceiling
  • 1.5-Story Property
  • Seaside Elementary Rated A-
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Main Floor Primary Bedroom

About This Home

As of November 2013

Great Location, Beautiful Setting, nice community!! Well maintained home situated on a quiet cul-de-sac in Mallard Landing. Home features a large backyard with lake views offering a peaceful, serene setting and mature, lush landscaping all around. Home boasts three bedrooms, three bathrooms, loft/bonus room with closet and full bath that could be used as a fourth bedroom, Carolina room, vaulted ceiling in living room, ceiling fans throughout, foyer, two car garage, patio, back porch, beautifully landscaped and so much more!! A must see to appreciate. Convenient to all necessities, shopping, dining, healthcare, schools, attractions, entertainment, golf, marinas, Intracoastal Waterway and the pristine, white sandy beaches of the Carolina coast. This is a "potential short sale". All measurements and square footages are approximate and not guaranteed. Buyers are responsible for verification of all information.

Last Agent to Sell the Property

Edward Eddie Boyd

INNOVATE Real Estate License #3764 Listed on: 04/17/2013

INNOVATE Real Estate

Co-Listed By

Julie & Eddie Boyd

INNOVATE Real Estate

Last Buyer's Agent

Robert Kingsley

INNOVATE Real Estate License #58715

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $941

Year Built

  • Built in 1998

Lot Details

  • Cul-De-Sac
  • Irregular Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • 1.5-Story Property
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Dining Area
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Lake On Lot
  • Patio
  • Rear Porch

Location

  • Outside City Limits

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$941

Year Built

Built in 1998

Lot Details

0

HOA Fees

$30 per month

Parking

4

Listing Details

  • Lot Description: Cul-De-Sac, Irregular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Seller Disclosure
  • Estimated Year Built: 1998
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric, Window/Wall Unit
  • Monthly HOA as Calculated: 30
  • HOA Management Company: John Lee 843.340.0577
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Sold Total Heated Sq Ft: 1850
  • Sold Total Sq Ft: 2250
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1850
  • Geo Subdivision: SC
  • Section Subdivision: Mallard Landing
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Bedroom 1: 11x12
  • Bedroom 2: 12x13
  • Dining Room: 12x10
  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection
  • Kitchen: 08x10
  • Living Room: 18x14
  • Master Bedroom: 13x13
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Bonus Room, Carolina Room, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Tub
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Pantry, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Linen Closet, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Area
  • Full Bathrooms: 3
  • Levels: One And One Half
  • Total Sq Ft: 2250

Exterior Features

  • Exterior Features: Patio, Rear Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: On Lake/Pond, Outside City Limits
  • Zoning: Res

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

Closed on
Mar 29, 2020
Sold by
Brady Violet Carol
Bought by
Baker Jeffrey Lee and Brady Krista N
Total Days on Market
92
Current Estimated Value
$333,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,108
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2013
Closed on
Nov 15, 2013
Sold by
Causey Sara Lee
Bought by
Brady Brian T
Seller's Agent
Edward Eddie Boyd
INNOVATE Real Estate
Buyer's Agent
Robert Kingsley
INNOVATE Real Estate
List Price
$165,000
Sold Price
$152,000
Premium/Discount to List
-$13,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$121,600
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Causey Sara Lee
Bought by
Causey Sara Lee and Causey Clarence Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1998
Sold by
Mallard Landing Development Corp Inc
Bought by
Causey Sara Lee
Source: Public Records

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Range of Values:

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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
Baker Jeffrey Lee $155,000 --
Brady Violet Carol -- --
Brady Brian T $152,000 --
Brady Brian T $152,000 --
Causey Sara Lee -- --
Causey Sara Lee $114,885 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Jeffrey Lee $235,000
Previous Owner Brady Violet Carol $147,108
Previous Owner Brady Brian T $121,600
Previous Owner Causey Sara Lee $184,500
Previous Owner Causey Sara Lee $152,500
Previous Owner Causey Sara L $132,800
Previous Owner Causey Sara Lee $119,000
Previous Owner Causey Sara L $50,000
Previous Owner Causey Sara L $58,400
Previous Owner Causey Sara Lee $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $152,000 -7.9% $82 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $165,000 -- $89 / 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 $941 $11,609 $2,423 $9,186
2023 $941 $11,609 $2,423 $9,186
2021 $2,559 $7,739 $1,615 $6,124
2020 $474 $7,739 $1,615 $6,124
2019 $474 $7,739 $1,615 $6,124
2018 $405 $6,031 $1,615 $4,416
2017 $390 $6,031 $1,615 $4,416
2016 -- $6,031 $1,615 $4,416
2015 $1,954 $9,047 $2,423 $6,624
2014 $1,889 $9,047 $2,423 $6,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1306949

Coastal Carolinas Association of REALTORS®

APN: 46204010006