NOT LISTED FOR SALE

556 Indigo Bay Cir Myrtle Beach, SC 29579

Estimated Value: $550,000 - $649,904

5 Beds
3 Baths
3,129 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $640,000 $205 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,655/month

70 Days on Market

Highlights

  • Lake On Lot
  • Gated Community
  • Low Country Architecture
  • Ocean Bay Elementary School Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of May 2023

Welcome to Indigo Bay and the Ocean Isle II! A lovely true 5 bedroom, 3 full bath home, with a large bonus room, and oversized lot is sure to delight! Located in a gated and highly desirable community in Carolina Forest, this home is full of the highest of upgrades and has only been occupied since May of 2022. Entering the spacious foyer, you'll be welcomed by gorgeous views of the 56 acre lake in the distance. Two generous sized bedrooms with walk-in closets and the over-sized primary suite are located on the main floor, a split floor plan, the laundry room, complete with brand new washer and dryer, as well as a full bath. The primary suite has beautiful views of the lake and is fitted with an incredible en suite complete with double entry doors, a true walk-in shower with two shower heads, including rain head, double vanities, separate water closet with comfort height toilet, and a huge walk-in closet with vanity area. The open concept living area is filled with an abundance of natural light yet also cozy and comfortable for gathering near the fireplace on cool nights. The oversized quartz island is perfect for preparing meals, gathering or entertaining. Some things to take note of in the chef’s delight kitchen are the white apron farmhouse sink with upgraded backsplash, gas cooktop, oversized microwave, and deluxe oven which has options for convection and air frying, steaming and more, stainless steel appliances, range hood, and immense walk-in pantry. The casual dining room is open and friendly and provides views of the water as well as entrance to the inviting covered back deck with additional patio complete with a Weber barbecue grill and standing beverage cooler. The huge yard which is irrigated, an electric dog fence and has direct access to the recreational lake! The 5 person paddle boat conveys with the home. Create your own personal oasis in the oversized yard that is awaiting your inground pool! Upstairs you will notice the open rail, wooden stairs with iron pickets. On the second floor are two sizable additional bedrooms, one full bathroom with double vanities and an additional living area. This bonus space is perfect for a family room or home theater! The home site is in close proximity to the incredible amenity center and is on .36/acre. Enjoy all Indigo Bay has to offer including kayaking (including a new public launch), canoeing, paddle boating, biking, walking the 9’ wide recreation path, the dog park (complete with agility like features) or perhaps a visit to the 2-story clubhouse amenity center with front & rear wrap around covered & screened porches, community pool & fitness center, pickleball and bocce coming Spring 2023. A true master planned community! Welcome to 556 Indigo Bay Circle~

Last Agent to Sell the Property

Natalie Rakoci

Century 21 The Harrelson Group License #83990 Listed on: 01/11/2023

Century 21 The Harrelson Group

Last Buyer's Agent

Jonathan Edmund

Wave Beach Realty, LLC License #87349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 2022

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Irregular Lot

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Low Country Architecture
  • Bi-Level Home
  • Brick Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Concrete Siding
  • Masonry Siding
  • Block Exterior
  • Tile

Interior Spaces

  • 3,129 Sq Ft Home
  • Furnished
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Lake On Lot
  • Patio
  • Front Porch

Schools

  • Ocean Bay Elementary School
  • Ten Oaks Middle School
  • Carolina Forest High School

Utilities

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

Additional Features

  • No Carpet
  • Outside City Limits

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, common maint/repair, recreation facilities, legal and accounting
  • Built by HH Homes
  • The community has rules related to fencing, allowable golf cart usage in the community

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,319

Year Built

Built in 2022

Lot Details

0

HOA Fees

$85 per month

Parking

6

Listing Details

  • Lot Description: Irregular
  • Four Sided Lot Measurement: 265.89X50.43X196.28X69.13
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Seller Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 2022
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Fireplace, Tray Ceiling
  • Floor Cover: Tile, Carpeting, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Great Family Room: 17'11x20
  • Heating And Cooling: Central Heat, Central Air, Electric, Gas
  • Monthly HOA as Calculated: 85
  • HOA Management Company: Chris Millar Litus to Let 843-448-9000 ext. 114
  • Home Warranty: Yes
  • Lvt Date: 01/11/2023
  • Provider Company: 2-10 remainder of builder warranty
  • Sold Total Heated Sq Ft: 3129
  • Sold Total Sq Ft: 3602
  • Style: Low Country
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3129
  • Geo Subdivision: SC
  • Section Subdivision: Indigo Bay
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Bedroom 1: 11'6x12'11
  • Bedroom 2: 12'9x11'11
  • Bedroom 3: 15'8x10'8
  • Dining Room: 15'2x11'11
  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Security System, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished, Fireplace
  • Kitchen: 20'7x11'11
  • Master Bedroom: 14'10x18'1
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility, Bonus Room
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Range, Work Island, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Double Oven, Freezer, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet, Linen Closet, Tray Ceiling
  • Bedrooms: 5
  • Dining Room Type: Area, Kit/Dr Combo, Tray Ceiling
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 3602

Exterior Features

  • Exterior Features: Patio, Front Porch, Rear Porch, Fencing, Lawn Sprinkler, Insulated Doors/Windows
  • Exterior Finish: Wood Frame, Block, Masonry Accent, Concrete Fiber Siding
  • Foundation: Slab, Brick/Masonry
  • Number Of Acres: 0.36

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Pool Service, Common Maint/Repair, Recreation Facilities, Legal And Accounting

Schools

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

Lot Info

  • Lot Location: On Lake/Pond, Outside City Limits
  • Zoning: Res

MLS Schools

  • Elementary School: Ocean Bay Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Ten Oaks Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
May 10, 2023
Sold by
Carpenter Robert R
Bought by
Belliveau Paul Philip and Belliveau Lydia Cruz
Seller's Agent
Natalie Rakoci
Century 21 The Harrelson Group
Buyer's Agent
Jonathan Edmund
Wave Beach Realty, LLC
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Views
340
Current Estimated Value
$619,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,274
Avg. Annual Appreciation
-1.40%

Purchase Details

Closed on
Apr 25, 2022
Sold by
H & H Constructors Of Fayetteville Llc
Bought by
Carpenter Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,603
Interest Rate
4.72%
Mortgage Type
VA

Purchase Details

Closed on
Jan 7, 2021
Sold by
Rs Parker Homes Llc
Bought by
H & H Constructors Of Fayetteville Llc
Source: Public Records

Range of Values:

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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
Belliveau Paul Philip $640,000 --
Carpenter Robert R $549,810 --
H & H Constructors Of Fayetteville Llc $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carpenter Robert R $569,603
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $640,000 -1.5% $205 / Sq Ft
02/24/2023 02/24/23 Price Changed $649,900 -7.0% $208 / Sq Ft
01/11/2023 01/11/23 For Sale $699,000 -- $223 / 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 $2,319 $36,387 $5,381 $31,006
2023 $2,319 $5,665 $5,665 $0
2021 $1,486 $5,665 $5,665 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2300641

Coastal Carolinas Association of REALTORS®

APN: 39711020019