$305,000
SOLD JUN 22, 2021

5408 Sunset Lake Ln Myrtle Beach, SC 29579

3 Beds
2 Baths
1,736 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Clubhouse
  • Ranch Style House
  • Stainless Steel Appliances
  • Ocean Bay Elementary School Rated A
  • Solid Surface Countertops
  • Tray Ceiling

About This Home

As of November 2022

Bring your furniture your new home is waiting for you. Located in the newest section of the Farm at Carolina Forest. This 3 year young home has many upgrades. The Kitchen has upgraded cabinets and marble countertops, a large walk in pantry, stainless steel appliances with a natural gas stove. Crown molding throughout the house and tray ceilings in the bedroom and entryway add to the look of this home. Wood look ceramic tile flooring through the kitchen/dining/living area are easy to maintain. The master bedroom has a very large walk in closet and 2 linen closets. The master bath has ceramic tile walls in the shower and a double sink. The two additional bedrooms all have large closets. An oversized 2 car garage adds to the storage. Lovely covered patio with 2 ceiling fans with a view of the pond. Yard is completely fenced , a new sprinkler system keeps the landscaping beautiful. Heat and hot water are also natural gas. The farm amenities include 2 pools, a playground, clubhouse, fitness room and basketball court. Make sure to see this home you won't be disappointed.

Last Agent to Sell the Property

Robin Lospinoso

Faircloth Real Estate Group License #101595 Listed on: 05/11/2021

Last Buyer's Agent

Liat Edri

Realty ONE Group Dockside License #59354

Realty ONE Group Dockside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 2018

Lot Details

  • 8,276 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned GR

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,736 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family or Dining Combination
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,368

Year Built

Built in 2018

Lot Details

0

HOA Fees

$90 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities
  • Estimated Year Built: 2018
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Forced Air, Central Air, Gas
  • Monthly HOA as Calculated: 90
  • HOA Management Company: Misty Pace 843-237 9551
  • Living Room Type: Ceiling Fan
  • Lvt Date: 05/11/2021
  • Sold Total Heated Sq Ft: 1736
  • Sold Total Sq Ft: 1736
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1736
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Kitchen Type: Range, Work Island, Dishwasher, Refrigerator, Microwave, Pantry, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Walk-In Closet, Tray Ceiling
  • Bedrooms: 3
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1736

Exterior Features

  • Exterior Features: Patio, Lawn Sprinkler
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 0.19

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas
  • Utilities Available: Electricity, Natural Gas, Water Public, Sewer, Cable Tv, Underground Utilities

Schools

  • Elementary School: Ocean Bay Elementary School
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: GR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Nov 1, 2022
Sold by
Shami Moris
Bought by
Ruswinckel John W and Ruswinckel John W
Seller's Agent
Liat Edri
Realty ONE Group Dockside
Buyer's Agent
Ryan Korros
RE/MAX Southern Shores
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
3
Current Estimated Value
$403,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,588
Avg. Annual Appreciation
-1.78%

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 18, 2021
Sold by
Snyder Judith Lynn
Bought by
Shami Moris and Mcateer Suzy
Seller's Agent
Robin Lospinoso
Faircloth Real Estate Group
Buyer's Agent
Liat Edri
Realty ONE Group Dockside
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.52%
Original Mortgage
$298,763
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2020
Sold by
Malay James L
Bought by
Snyder Judith Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,280
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2018
Sold by
D R Horton Inc
Bought by
Malay James L and Malay Helen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,903
Interest Rate
4.6%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $420,000 --
Warranty Deed $305,000 --
Warranty Deed $276,600 --
Warranty Deed $265,805 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $298,763 FHA
Previous Owner $221,280 New Conventional
Previous Owner $211,903 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $420,000 -2.1% $242 / Sq Ft
07/15/2022 07/15/22 Price Changed $429,000 -4.5% $247 / Sq Ft
06/17/2022 06/17/22 For Sale $449,000 +47.2% $259 / Sq Ft
06/22/2021 06/22/21 Sold $305,000 -3.2% $176 / Sq Ft
05/11/2021 05/11/21 For Sale $315,000 -- $181 / 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 $1,368 $15,906 $5,060 $10,846
2023 $1,368 $11,020 $2,210 $8,820
2021 $4,428 $11,023 $2,207 $8,816
2020 $790 $10,567 $1,983 $8,584
2019 $790 $10,567 $1,983 $8,584
2018 $152 $1,596 $1,596 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2110405

Coastal Carolinas Association of REALTORS®

APN: 39608010053