NOT LISTED FOR SALE

581 Banks Dr Unit 11-5,11-5G Myrtle Beach, SC 29588

Estimated Value: $270,000 - $287,000

3 Beds
2 Baths
1,575 Sq Ft
$280/mo HOA Fee

Last Sold June 24, 2015

Last sale price $147,000 $93 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,826/month

10 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Lawn
  • Lakewood Elementary Rated A
  • Vaulted Ceiling
  • Skylights

About This Home

As of June 2015

Upgrades, Quality & Rich Décor Best Describe This Stunning Condo in Popular Courtyard at Cascades. When Constructed, Owner Selected MANY UPGRADES That Are Evident Throughout The Condo. GORGEOUS HARDWOOD AND TILE FLOORING In Living Spaces & Baths. Enjoy Plenty of Natural Light From The Transom Window in Front Bedroom, Additional Dormer Window In Living Room & Two Skylights In Finished Carolina Room Through Arched Entry Off Living Room. Tall Ceilings, Vaulted Ceilings Throughout. Private Patio & Courtyard Leading to FINISHED TWO CAR DETACHED GARAGE. The Next Proud Owner Can Benefit From The Valuable HOA Services Which Includes Maintenance of The Spacious Pool Area & Clubhouse. Quality Furnishings Are Negotiable. Location Is Perfect, Close To Beaches, Medical Facilities, & Brand New Access To Popular Market Commons. Better React Quickly!

Last Agent to Sell the Property

Hans Neugebauer

RE/MAX Southern Shores GC License #89546 Listed on: 05/01/2015

Last Buyer's Agent

Ritch Lilly

RE/MAX Southern Shores GC License #60763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $794

Year Built

  • Built in 2005

Lot Details

  • Fenced
  • Lawn

HOA Fees

  • $280 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,575 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Carpet
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Outdoor Features

  • Private Pool
  • Patio
  • Front Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, pool service, insurance, manager, legal and accounting, 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

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$794

Year Built

Built in 2005

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Trash Pickup, Cable Tv, Lawn Maintenance
  • 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, Electric
  • Monthly HOA as Calculated: 280
  • HOA Management Company: Premier Mgmt. 843-357-4515
  • Living Room Type: Vaulted/Cathedral Ceiling
  • Sold Total Heated Sq Ft: 1575
  • Sold Total Sq Ft: 1725
  • Total Heated Sq Ft: 1575
  • Building Style: One Story
  • Building Location: Outside City Limits
  • Exterior Unit Features: Fencing, Front Porch, Patio, Pool-Outdoor Private, Insulated Doors/Windows
  • 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

  • Interior Amenities: Garage Door Opener, Security System, Wind Treat. Convey, Split Bedroom Plan, Smoke Detector, Skylights, Washer/Dryer, Wshr/Dryer Connection
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Carolina Room, Laundry/Utility
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Breakfast Bar, Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cathedral Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1725

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: 2 Car Unit

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, Pool Service, Insurance, Manager, Legal And Accounting, Common Maint/Repair

Schools

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

Lot Info

  • Zoning: GR

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
May 1, 2015
Closed on
Jun 24, 2015
Sold by
Yanone Kinez J and Yanone Alfred M
Bought by
Wiltshire Thomas and Wiltshire Cheryl L
Seller's Agent
Hans Neugebauer
RE/MAX Southern Shores GC
Buyer's Agent
Ritch Lilly
RE/MAX Southern Shores GC
List Price
$149,900
Sold Price
$147,000
Premium/Discount to List
-$2,900
-1.93%
Current Estimated Value
$280,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,192
Avg. Annual Appreciation
6.75%
Original Mortgage
$116,000
Outstanding Balance
$91,919
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$195,387

Purchase Details

Closed on
Jun 28, 2006
Sold by
Yanone Alfred M
Bought by
Yanone Kinez J and Yanone Alfred M

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
6.6%
Mortgage Type
Purchase Money Mortgage
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
Wiltshire Thomas $147,000 --
Yanone Kinez J -- None Available
Yanone Alfred M $185,160 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiltshire Thomas $116,000
Previous Owner Yanone Alfred M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2015 06/24/15 Sold $147,000 -1.9% $93 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $149,900 -- $95 / 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 $794 $15,000 $0 $15,000
2023 $794 $18,606 $0 $18,606
2021 $2,219 $18,606 $0 $18,606
2020 $2,097 $18,606 $0 $18,606
2019 $2,097 $18,606 $0 $18,606
2018 $1,895 $15,225 $0 $15,225
2017 $1,880 $8,700 $0 $8,700
2016 -- $8,700 $0 $8,700
2015 $1,896 $15,225 $0 $15,225
2014 $1,833 $8,700 $0 $8,700
Source: Public Records

Agents Affiliated with this Home

  • Hans Neugebauer

    Seller's Agent in 2015

    Hans Neugebauer

    RE/MAX

    (843) 900-6929

    9 in this area

    164 Total Sales

    Hans Neugebauer
    Section Image
  • Ritch Lilly

    Buyer's Agent in 2015

    Ritch Lilly

    RE/MAX

    (843) 340-0571

    3 in this area

    48 Total Sales

    Ritch Lilly
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1509146

Coastal Carolinas Association of REALTORS®

APN: 44100000299

South Carolina Horry County Myrtle Beach 29588

581 Banks Dr Unit 11-5,11-5G, Myrtle Beach, SC

This home is located at 581 Banks Dr Unit 11-5,11-5G, Myrtle Beach, SC 29588 since 01 May 2015 and is currently estimated at $280,192, approximately $177 per square foot. This property was built in 2005. 581 Banks Dr Unit 11-5,11-5G is a home located in Horry County with nearby schools including Lakewood Elementary, Socastee Middle, and Socastee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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