NOT LISTED FOR SALE

548 Pennington Loop Myrtle Beach, SC 29588

Estimated Value: $319,000 - $366,000

3 Beds
2 Baths
1,604 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 04, 2021

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

Est. 31% increase in value since last sale

Current estimated payment $1,957/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 $347,747, approximately $216 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

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

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
  • Style: Traditional
  • Type Of Parking: Detached 2-Car
  • 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

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
$347,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,747
Avg. Annual Appreciation
6.15%
Original Mortgage
$150,000
Outstanding Balance
$135,806
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$211,941

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

  • Rodney Gipe

    Seller's Agent in 2021

    Rodney Gipe

    RE/MAX

    (240) 405-4859

    1 in this area

    9 Total Sales

    Rodney Gipe
    Section Image
  • Laura Harrison

    Buyer's Agent in 2021

    Laura Harrison

    INNOVATE Real Estate

    (973) 479-3438

    3 in this area

    41 Total Sales

    Laura Harrison
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2112574

Coastal Carolinas Association of REALTORS®

APN: 44813040010

South Carolina Horry County Myrtle Beach 29588

548 Pennington Loop, Myrtle Beach, SC

Not Listed for Sale

Detached

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Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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