NOT LISTED FOR SALE

548 Pennington Loop Myrtle Beach, SC 29588

Estimated Value: $325,000 - $358,000

3 Beds
2 Baths
1,604 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $265,000 $165 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,938/month

About This Home

As of June 2021

This home is located at 548 Pennington Loop, Myrtle Beach, SC 29588 since 09 June 2021 and is currently estimated at $342,178, approximately $213 per square foot. This property was built in 2004. 548 Pennington Loop is a home located in Horry County with nearby schools including Burgess Elementary School, St. James Intermediate, and St. James Middle School.

Last Agent to Sell the Property

Rodney Gipe

RE/MAX Executive License #104153 Listed on: 06/09/2021

RE/MAX Executive

Last Buyer's Agent

Laura Harrison

INNOVATE Real Estate License #84868

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,073

Year Built

  • Built in 2004

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned PUD

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • 1,604 Sq Ft Home
  • Traditional Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,073

Year Built

Built in 2004

Lot Details

0

HOA Fees

$40 per month

Parking

4

Listing Details

  • Estimated Year Built: 2004
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Quarterly
  • Monthly HOA as Calculated: 40
  • HOA Management Company: Wright Mgmt. 843-839-9888
  • Lvt Date: 06/09/2021
  • Sold Total Heated Sq Ft: 1604
  • Sold Total Sq Ft: 1604
  • Style: Traditional
  • Type Of Parking: Detached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1604
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Sq Ft: 1604

Exterior Features

  • Number Of Acres: 0.18

Garage/Parking

  • Type: Detached

Schools

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

Lot Info

  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jun 4, 2021
Sold by
Kirk Justin P
Bought by
Wells Guy Kenneth and Wells Sara J
Seller's Agent
Rodney Gipe
RE/MAX Executive
Buyer's Agent
Laura Harrison
INNOVATE Real Estate
List Price
$254,900
Sold Price
$265,000
Premium/Discount to List
$10,100
3.96%
Current Estimated Value
$342,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,178
Avg. Annual Appreciation
6.05%
Original Mortgage
$150,000
Outstanding Balance
$135,806
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$206,372

Purchase Details

Closed on
Dec 30, 2004
Sold by
Dash Development Inc
Bought by
Kirk Justin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,950
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Queens Harbour Associates Llc
Bought by
Dash Development Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wells Guy Kenneth $265,000 --
Kirk Justin P $160,999 --
Dash Development Inc $35,833 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Guy Kenneth $150,000
Previous Owner Kirk Justin P $160,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 For Sale $254,900 -3.8% $159 / Sq Ft
06/04/2021 06/04/21 Sold $265,000 -- $165 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
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 $1,073 $12,695 $2,800 $9,895
2023 $1,073 $7,526 $1,398 $6,128
2021 $990 $11,288 $2,096 $9,192
2020 $2,360 $11,288 $2,096 $9,192
2019 $2,360 $11,288 $2,096 $9,192
2018 $2,214 $10,195 $1,747 $8,448
2017 $2,199 $10,195 $1,747 $8,448
2016 -- $10,195 $1,747 $8,448
2015 $2,217 $10,196 $1,748 $8,448
2014 $2,142 $10,196 $1,748 $8,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2112574

Coastal Carolinas Association of REALTORS®

APN: 44813040010