NOT LISTED FOR SALE

574 Summerhill Dr Myrtle Beach, SC 29579

Estimated Value: $436,000 - $490,000

3 Beds
3 Baths
1,955 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $297,000 $152 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,701/month

43 Days on Market

Highlights

  • Newly Remodeled
  • Lake On Lot
  • Ranch Style House
  • Carolina Forest Elementary School Rated A-
  • Family Room with Fireplace
  • Solid Surface Countertops

About This Home

As of November 2018

FREE REFRIGERATOR WITH ACCEPTED OFFER THROUGH OCTOBER 31, 2018. Don't miss the opportunity to own a BRAND NEW home in the established community of Covington Lakes. This custom built home features an open floor plan ideal for entertaining, hardwood floors in all living areas, upgraded carpet and padding in the bedrooms, ceramic tile and granite tops in bathrooms and upgraded lighting package throughout. Upon entering the home, the large foyer opens into a spacious bedroom and full bath to the left and a formal dining room with tray ceilings and board and batten detail. To the right is a second large bedroom with en suite bathroom. Across from the custom built drop zone, the large laundry room connects to the 2 car garage. Coffered ceilings, a gas-burning brick fireplace adorned with shiplap, custom built-in and large sliding glass doors overlooking the pond creates an impressive and cozy Great Room. The kitchen opens directly into the Great Room and boasts an extra large island, granite counter tops, soft close drawers, Frigidaire Gallery stainless steel, smudge-proof appliances (smooth top range with warming zone, a microwave and dishwasher included) and under cabinet lighting. The large Master Suite has Tray ceilings and crown molding with a tiled walk-in shower, granite counter tops, dual sinks and pendant lighting in the Master Bath. The back porch, finished with stylish wood ceilings and columns looks over the lake and is perfect for enjoying outdoor living. A mix of modern comforts and traditional design truly makes this home one of a kind.

Last Agent to Sell the Property

Jodi DiMaio

South Coast Realty License #98230 Listed on: 09/08/2018

Last Buyer's Agent

John Krajc

invi Real Estate License #86911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 8,712

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Masonry Siding
  • Four Sided Brick Exterior Elevation
  • Tile

Interior Spaces

  • 1,955 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Lake On Lot
  • Patio
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • No Carpet
  • Rectangular Lot

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,345

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$65 per month

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 72x120x72x120
  • Amenities Available: Home Owners Assoc. Fees, Pool - Outdoor Community
  • Estimated Year Built: 2018
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Fireplace, Tray Ceiling
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 65
  • HOA Management Company: Premier Mgmt 843-357-4515
  • Home Warranty: Yes
  • Lvt Date: 09/08/2018
  • Provider Company: Builders Warranty
  • Sold Total Heated Sq Ft: 1955
  • Sold Total Sq Ft: 2500
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 1955
  • Geo Subdivision: SC
  • Section Subdivision: Carolina Forest - Covington Lake
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Interior Amenities: Garage Door Opener, Stairs To Attic, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Range Hood, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Linen Closet, Tray Ceiling, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Formal, Tray Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 2500

Exterior Features

  • Exterior Features: Patio, Rear Porch, Lawn Sprinkler
  • Exterior Finish: All Brick Home, Masonry Accent
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Tankless

Schools

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

Lot Info

  • Lot Location: On Lake/Pond
  • Zoning: RES

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Nov 21, 2018
Sold by
Summer Wind Homes Llc
Bought by
Stephens Elise
Seller's Agent
Jodi DiMaio
South Coast Realty
Buyer's Agent
John Krajc
invi Real Estate
List Price
$318,500
Sold Price
$297,000
Premium/Discount to List
-$21,500
-6.75%
Current Estimated Value
$464,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,228
Avg. Annual Appreciation
6.80%
Original Mortgage
$291,620
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2007
Sold by
Greene Norma A
Bought by
Dimaio Linda and Greene Norma A

Purchase Details

Closed on
Aug 11, 2006
Sold by
Hively Jerry D and Hively Brenda K
Bought by
Greene John J and Greene Norma A

Purchase Details

Closed on
Nov 6, 2003
Sold by
Covington Lake Lp
Bought by
Hively Jerry D and Hively Brenda K
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
Stephens Elise $297,000 --
Dimaio Linda -- Attorney
Greene John J $100,000 None Available
Hively Jerry D $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Elise $292,339
Closed Stephens Elise $291,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $297,000 -3.7% $152 / Sq Ft
10/13/2018 10/13/18 Price Changed $308,500 -3.1% $158 / Sq Ft
09/08/2018 09/08/18 For Sale $318,500 -- $163 / 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 $1,345 $19,123 $3,680 $15,443
2023 $1,345 $17,822 $2,882 $14,940
2021 $3,880 $11,882 $1,922 $9,960
2020 $3,699 $11,882 $1,922 $9,960
2019 $3,699 $11,882 $1,922 $9,960
2018 $430 $1,980 $1,980 $0
2017 $427 $1,980 $1,980 $0
2016 -- $1,980 $1,980 $0
2015 $427 $1,980 $1,980 $0
2014 $413 $1,980 $1,980 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1819013

Coastal Carolinas Association of REALTORS®

APN: 39809010011