NOT LISTED FOR SALE

548 Bay Drive Extension Murrells Inlet, SC 29576

Estimated Value: $575,000 - $655,000

4 Beds
3 Baths
2,100 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $299,000 $142 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,591/month

212 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Seaside Elementary Rated A-
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Screened Porch

About This Home

As of May 2016

Beautiful raised beach home in the popular community of Salters Cove is located on a quiet loop only a short walk or golf cart ride to the beach and 1 minute walk to the great community pool and clubhouse. You will love the huge, open and bright family room with adjoining fully screened front porch, perfect for enjoying the outdoors! 3 bedrooms and 2 full baths upstairs plus an added living area located on the ground floor with a spacious living room, service wet bar with cabinets and 2nd master bedroom complete with full bath and walk in closet! Great for guests or additional full time resident! This is one of the only homes in Salters Cove to have an interior stairwell providing access between ground and second floor providing protected access to the main living area, compete with a power chair lift! There is an oversized 2 car garage plus an additional workshop, storage bonus room located on ground floor provides plenty of room for all your lawn care, beach, fishing and golf equipment! Perfect home for vacation or full time resident. Here is a great opportunity to own your place at the beach! All measurements are estimates. Buyer is responsible for verification.

Last Listed By

Theodore Stavrakis

ICE Mortgage Technology INC License #44619 Listed on: 09/08/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1997

Lot Details

  • 3,920

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stilt Home
  • Bi-Level Home
  • Raised Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,100 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Family or Dining Combination
  • Workshop
  • Screened Porch
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Whirlpool Bathtub
  • Garden Bath

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

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

Utilities

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

Additional Features

  • Handicap Accessible
  • Wood patio
  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • Association fees include electric common, legal and accounting, common maint/repair, manager, pool service, recreation facilities
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,276

Year Built

Built in 1997

Lot Details

0

HOA Fees

$52 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, 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: Carpeting, Tile, Wood
  • HOA Fee Frequency: Quarterly
  • Great Family Room: 12X20
  • Heating And Cooling: Central Air, Central Heat, Electric, Forced Air
  • Monthly HOA as Calculated: 52
  • HOA Management Company: Surfside Realty: 843-238-4442
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Sold Total Heated Sq Ft: 2100
  • Sold Total Sq Ft: 3200
  • Style: Raised Beach
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2100
  • Geo Subdivision: SC
  • Section Subdivision: Salters Cove
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Bedroom 1: 11X11
  • Bedroom 2: 10X11
  • Bedroom 3: 12X15
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Workshop, Smoke Detector, Wshr/Dryer Connection, Skylights, Split Bedroom Plan, Handicap Access
  • Kitchen: 10X11
  • Living Room: 13X22
  • Master Bedroom: 15X16
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Mother In Law Suite, Screened Porch, Workshop
  • Primary Bathroom: Double Sink, Garden Tub, Shower, Tub, Vanity, Whirlpool Tub
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Pantry, Refrigerator, Range
  • Master Bedroom Type: Vaulted/Cath. Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Fam/Dr Combo, Vaulted/Cathedral Ceiling
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 3200

Exterior Features

  • Exterior Features: Front Porch, Storm Doors
  • Exterior Finish: Vinyl Siding, Wood Frame
  • Foundation: Raised Beach

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, Legal And Accounting, Common Maint/Repair, Manager, Pool Service, Recreation Facilities

Schools

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

Lot Info

  • Lot Location: East Of Bus 17
  • 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

Listed on
Sep 8, 2015
Closed on
May 19, 2016
Sold by
Massingille Ann S
Bought by
Jernigan Tony R and Jernigan Teresa A
Seller's Agent
Theodore Stavrakis
ICE Mortgage Technology INC
Buyer's Agent
Alex Singleton
Century 21 The Harrelson Group
List Price
$324,900
Sold Price
$299,000
Premium/Discount to List
-$25,900
-7.97%
Total Days on Market
212
Current Estimated Value
$613,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,268
Avg. Annual Appreciation
8.29%
Original Mortgage
$224,000
Outstanding Balance
$180,791
Interest Rate
3.59%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$432,477

Purchase Details

Closed on
Sep 1, 2006
Sold by
Massingille Mack and Massingille Thomas G
Bought by
Massingille Mack and Massingille Ann S

Purchase Details

Closed on
Apr 5, 2004
Sold by
Burton Carol H
Bought by
Massengille Mack and Massengille Ann S

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
Jernigan Tony R $299,000 --
Massingille Mack -- None Available
Massengille Mack $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $224,000
Closed Jernigan Tony R $224,000
Previous Owner Massingille Mack $206,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $299,000 -8.0% $142 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
09/08/2015 09/08/15 For Sale $324,900 -- $155 / 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 $1,276 $12,240 $3,100 $9,140
2023 $1,276 $12,240 $3,100 $9,140
2021 $1,141 $12,240 $3,100 $9,140
2020 $3,689 $12,240 $3,100 $9,140
2019 $3,689 $12,240 $3,100 $9,140
2018 $0 $11,709 $2,929 $8,780
2017 $3,638 $11,709 $2,929 $8,780
2016 -- $10,872 $2,092 $8,780
2015 $816 $10,873 $2,093 $8,780
2014 $709 $10,873 $2,093 $8,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1518098

Coastal Carolinas Association of REALTORS®

APN: 47003010047