NOT LISTED FOR SALE

574 Banks Dr Unit 81 Myrtle Beach, SC 29588

Estimated Value: $284,000 - $298,000

3 Beds
2 Baths
1,560 Sq Ft
$365/mo HOA Fee

Last Sold February 15, 2024

Last sale price $300,000 $192 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,055/month

16 Days on Market

Highlights

  • Screened Porch
  • Community Pool
  • Patio
  • Lakewood Elementary Rated A
  • Breakfast Bar
  • Laundry Room

About This Home

As of February 2024

Rare, Single Level Townhome With 2 Car Garage. Roomy, 3 Bedroom, 2 Bath Townhome Located Minutes To The Market Common, The Beach, Airport and Touristy Areas. Tastefully Decorated Including Plantation Shutters And Most Furniture Negotiable . Home Has a Living Room / Dining Room Combination, Breakfast Bar with a 11 X 12 Sun Room AND a 9 X 10 Screend in ( E Z Breeze ) Porch..Plus a Courtyard to a Detached 2 Car Garage. Laundry Room With Sink and Upgraded WaterHeater. Quiet Setting on the Front Porch Or Go To The Community Pool And Enjoy. Buyers to verify measurements and square footage.

Last Listed By

Tim Arnold

Grand Strand Homes & Land License #85389 Listed on: 01/06/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $691

Year Built

  • Built in 2005

Lot Details

  • 0.57

HOA Fees

  • $365 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Screened Porch
  • Carpet

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Schools

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

Utilities

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

Additional Features

  • Patio
  • Fenced

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
  • The community has rules related to fencing, allowable golf cart usage in the community

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$691

Year Built

Built in 2005

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Owner Allowed Golf Cart
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Great Family Room: 25 X 16
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 365
  • HOA Management Company: First Residential 843-904-7119
  • Living Room Type: Ceiling Fan
  • Lvt Date: 01/17/2024
  • Sold Total Heated Sq Ft: 1560
  • Sold Total Sq Ft: 2000
  • Total Heated Sq Ft: 1560
  • Building Style: One Story
  • Exterior Unit Features: Fencing, Front Porch, Patio
  • HOA Fees include insurance: Yes
  • Project Section Code: Courtyard At Cascades
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Bedroom 1: 10 X 9
  • Bedroom 2: 11 X 9
  • Interior Amenities: Wind Treat. Convey, Split Bedroom Plan, Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: First Floor Bedrooms, Carolina Room, First Floor Bathrooms, Laundry/Utility, Screened Porch
  • Primary Bathroom: Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Pantry
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 3
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 2000

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Private Two Car Garage

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Zoning: MF

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Feb 8, 2024
Sold by
West Nancy E
Bought by
Richard T Beaudoin Revocable Living Trus and Beaudoin Richard T Tr
Seller's Agent
Tim Arnold
Grand Strand Homes & Land
Buyer's Agent
Kristi Amendola
Red Door Realty
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%
Total Days on Market
16
Views
17
Current Estimated Value
$291,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,467
Avg. Annual Appreciation
-2.21%
Original Mortgage
$300,000
Outstanding Balance
$296,140
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
-$4,607

Purchase Details

Closed on
Apr 15, 2008
Sold by
Kitchen Ruth E and West Nancy E
Bought by
Kitchen Ruth E and West Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.84%
Mortgage Type
Construction

Purchase Details

Closed on
May 31, 2006
Sold by
Bill Clark Homes Of Myrtle Beach Llc
Bought by
Kitchen Ruth E and West Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.51%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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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
Richard T Beaudoin Revocable Living Trus $300,000 --
Kitchen Ruth E -- --
Kitchen Ruth E $179,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard T Beaudoin Revocable Living Trus $300,000
Previous Owner Kitchen Ruth E $100,000
Previous Owner Kitchen Ruth E $72,000
Previous Owner Kitchen Ruth E $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $300,000 -2.9% $192 / Sq Ft
01/06/2024 01/06/24 For Sale $309,000 -- $198 / 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 $691 $19,509 $0 $19,509
2023 $691 $19,509 $0 $19,509
2021 $603 $19,509 $0 $19,509
2020 $451 $18,606 $0 $18,606
2019 $451 $18,606 $0 $18,606
2018 $385 $15,225 $0 $15,225
2017 -- $15,225 $0 $15,225
2016 -- $15,225 $0 $15,225
2015 $468 $5,800 $0 $5,800
2014 $434 $5,800 $0 $5,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2401417

Coastal Carolinas Association of REALTORS®

APN: 44100000316