NOT LISTED FOR SALE

550 Olde Mill Dr Unit 34 Cottages at Marg North Myrtle Beach, SC 29582

Windy Hill-Atlantic Beach Neighborhood

Estimated Value: $922,000 - $1,057,000

4 Beds
4.5 Baths
2,415 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $950,000 $393 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,706/month

19 Days on Market

Highlights

  • Private Pool
  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • Traditional Architecture
  • Furnished
  • Stainless Steel Appliances

About This Home

As of October 2022

Furnished 4 BR / 4.5 bath home with pool use as a true second home in North Beach Plantation has granite countertops, tile flooring in living area, Master Bedroom on 1st level, front and rear porches. HVAC unit replaced in 2022; hot water heater replaced in 2020. North Beach Plantation, 60-acre beach destination, offers a 2.5-acre pool area with a swim-up bar rated #1 in the US by TripAdvisor, 8 pools, 5 hot tubs, lazy river, world -class spa, Beach Fit fitness center, shuttle, security and 3 on-site restaurants located across from Barefoot Landing.

Last Agent to Sell the Property

Matt Scalise

Scalise Realty Powered by KW License #25561 Listed on: 08/18/2022

Last Buyer's Agent

The Integrity Team

Century 21 The Harrelson Group

Century 21 The Harrelson Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,507

Year Built

  • Built in 2011

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Concrete Siding
  • Tile

Interior Spaces

  • 2,415 Sq Ft Home
  • Furnished
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Private Pool
  • Front Porch

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

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

Additional Features

  • Property is zoned PDD
  • East of US 17

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, landscape/lawn, manager, common maint/repair, security, legal and accounting, master antenna/cable TV, internet access

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,507

Year Built

Built in 2011

Lot Details

0

HOA Fees

$720 per month

Parking

2

Listing Details

  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Pet
  • Estimated Year Built: 2011
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 720
  • HOA Management Company: Cindy Bonner, Ally Management 843-497-3555
  • Lvt Date: 08/18/2022
  • Sold Total Heated Sq Ft: 2415
  • Sold Total Sq Ft: 3738
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 2
  • Total Heated Sq Ft: 2415
  • Geo Subdivision: SC
  • Section Subdivision: North Beach Plantation - The Cottages at Margaret
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 3738

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Pool-Outdoor Private, Insulated Doors/Windows
  • Exterior Finish: Wood Frame, Concrete Fiber Siding
  • Foundation: Slab

Garage/Parking

  • Type: Detached With Hpr

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Pool Service, Landscape/Lawn, Manager, Common Maint/Repair, Security, Legal And Accounting, Master Antenna/Cable Tv, Internet Access

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: Inside City Limits, East Of Bus 17
  • Zoning: PDD

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 17, 2022
Sold by
Robinette Gary E
Bought by
Mercedes Rafael E and Mercedes Colleen Frances
Seller's Agent
Matt Scalise
Scalise Realty Powered by KW
Buyer's Agent
The Integrity Team
Century 21 The Harrelson Group
List Price
$999,900
Sold Price
$950,000
Premium/Discount to List
-$49,900
-4.99%
Total Days on Market
19
Views
27
Current Estimated Value
$962,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,781
Avg. Annual Appreciation
0.51%
Original Mortgage
$760,000
Outstanding Balance
$736,140
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$226,641

Purchase Details

Closed on
Oct 5, 2012
Sold by
North Beach Builders Llc
Bought by
Lewis Stephen A
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
Mercedes Rafael E $950,000 --
Lewis Stephen A $520,000 --
North Beach Builders Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercedes Rafael E $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $950,000 -5.0% $393 / Sq Ft
08/18/2022 08/18/22 For Sale $999,900 +69.5% $414 / Sq Ft
09/24/2014 09/24/14 Sold $590,000 -6.3% $244 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $629,900 -- $261 / 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 $10,507 $53,592 $0 $53,592
2023 $10,507 $53,592 $0 $53,592
2021 $6,929 $53,592 $0 $53,592
2020 $6,853 $53,592 $0 $53,592
2019 $6,611 $53,592 $0 $53,592
2018 $7,852 $60,060 $0 $60,060
2017 $7,784 $34,320 $0 $34,320
2016 -- $34,320 $0 $34,320
2015 $7,715 $60,060 $0 $60,060
2014 $6,484 $29,796 $0 $29,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2218751

Coastal Carolinas Association of REALTORS®

APN: 39100000061