NOT LISTED FOR SALE

561 Banks Dr Unit 53 Myrtle Beach, SC 29588

Estimated Value: $268,000 - $287,000

3 Beds
2 Baths
1,600 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 14, 2017

Last sale price $161,100 $101 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,743/month

24 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Lakewood Elementary Rated A
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Community Pool

About This Home

As of March 2017

LOCATION! LOCATION! LOCATION! This is an amazing 3 bedroom 2 bath town house in mint condition! This is a very spacious home with an open floor plan and nice sized bedrooms. It has a gorgeous sky light, cathedral ceilings and a nice sized 2 car garage. Everything is on one floor and it has a fenced in back yard with a nice patio. It is within minutes of restaurants, shopping and the beach! Set an appointment today and make this home yours!

Last Agent to Sell the Property

Alex Patrone

Grand Strand Homes & Land License #93104 Listed on: 01/07/2017

Last Buyer's Agent

Anna Marie Brock-Piacquadio

RE/MAX Southern Shores License #60184

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,600 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Carpet
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Parking

  • Garage
  • Garage Door Opener

Schools

  • Forestbrook Elementary School
  • Forestbrook Middle School
  • Socastee High School

Utilities

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

Additional Features

  • Rear Porch
  • Fenced

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, insurance, master antenna/cable TV, common maint/repair
  • The community has rules related to fencing

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Owner Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Cable Tv
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 280
  • HOA Management Company: KA Diehl 843-357-9888
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Lvt Date: 01/06/2017
  • Sold Total Heated Sq Ft: 1600
  • Sold Total Sq Ft: 2000
  • Total Heated Sq Ft: 1600
  • Building Style: Townhouse
  • Exterior Unit Features: Fencing, Rear Porch, Storm Doors
  • HOA Fees include insurance: Yes
  • Project Section Code: Courtyard At Cascades
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Bedroom 1: 10 x 12
  • Bedroom 2: 10 x 12
  • Interior Amenities: Garage Door Opener, Wind Treat. Convey, Smoke Detector, Stairs To Attic, Wshr/Dryer Connection, Enter Through Foyer
  • Kitchen: 10 x 10
  • Living Room: 17 x 17
  • Master Bedroom: 14 x 12
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer, Laundry/Utility
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Breakfast Bar, Oven, Pantry, Range Hood
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cathedral Ceiling, Ceiling Fan, Linen Closet, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2000

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Private Two Car Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Insurance, Master Antenna/Cable Tv, Common Maint/Repair

Schools

  • Elementary School: Forestbrook Elementary School
  • Middle School: Forestbrook Middle School
  • High School: Socastee High School

Lot Info

  • Zoning: res

MLS Schools

  • Elementary School: Forestbrook Elementary School
  • HighSchool: Socastee High School
  • Middle School: Forestbrook Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2017
Closed on
Mar 14, 2017
Sold by
Caruso Dennis F
Bought by
Daly Timothy
Seller's Agent
Alex Patrone
Grand Strand Homes & Land
Buyer's Agent
Anna Marie Brock-Piacquadio
RE/MAX Southern Shores
List Price
$159,900
Sold Price
$161,100
Premium/Discount to List
$1,200
0.75%
Current Estimated Value
$277,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,936
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Nov 18, 2005
Sold by
Bill Clark Homes Of Myrtle Beach Llc
Bought by
Caruso Dennis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,955
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Daly Timothy $160,600 --
Caruso Dennis F $171,955 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caruso Dennis F $156,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2017 03/14/17 Sold $161,100 +0.8% $101 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $159,900 -- $100 / 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 -- $15,000 $0 $15,000
2023 $0 $18,501 $0 $18,501
2021 $567 $18,501 $0 $18,501
2020 $484 $18,501 $0 $18,501
2019 $484 $18,501 $0 $18,501
2018 $0 $17,136 $0 $17,136
2017 $0 $13,650 $0 $13,650
2016 -- $13,650 $0 $13,650
2015 $322 $5,200 $0 $5,200
2014 $299 $5,200 $0 $5,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1700438

Coastal Carolinas Association of REALTORS®

APN: 44100000290