NOT LISTED FOR SALE

561 Banks Dr Unit 53 Myrtle Beach, SC 29588

Estimated Value: $277,652 - $294,000

3 Beds
2 Baths
1,600 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 14, 2017

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

Est. 76% increase in value since last sale

Current estimated payment $1,870/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 Listed By

Alexandra Patrone

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

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • Fenced

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • 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

Outdoor Features

  • Wood patio
  • Rear Porch

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

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
Alexandra Patrone
Grand Strand Homes & Land
Buyer's Agent
Anna Marie Brock-Piacquadio
Fnis Blac Knight MLS Solutions
List Price
$159,900
Sold Price
$161,100
Premium/Discount to List
$1,200
0.75%
Total Days on Market
24
Current Estimated Value
$284,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,063
Avg. Annual Appreciation
7.17%

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

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 $157,000
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 -- $18,501 $0 $18,501
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