NOT LISTED FOR SALE

5902 Kates Bay Hwy Conway, SC 29527

Estimated Value: $388,000 - $516,000

4 Beds
3.5 Baths
1,900 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $420,000 $221 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,530/month

226 Days on Market

Highlights

  • RV Access or Parking
  • Low Country Architecture
  • Front Porch
  • Family Room with Fireplace
  • Main Floor Primary Bedroom
  • Walk-In Closet

About This Home

As of March 2023

This is the property you have been searching for!!! Over 2 acres!!! NO HOA!!! White Vinyl fence around the entire property with 4 separate entrances!!! Beautiful "Low Country" Home with a large wrap around porch!!! Enormous semi-detached garage with 2 bays on the side and one bay on the back. Semi detached garage has its own HVAC system, Electric Water Heater, and thermostatically controlled attic vent fan to keep stored item at a safe temperature. Completely separate, detached, 30 x 50ft, Red Steel, Insulated, Metal Building with its own separate electric meter. Home has been very well maintained, with a new roof within the past 4 years, and both HVAC systems replace within 4 years the upstairs system as recent as several weeks ago. 4 bedroom and 3 full bath rooms!!! All windows in the home are "tilt in" windows for ease of cleaning. Gas fireplace insert for instant, odor free, cozy fireplace heat. The detached workshop is not just some converted pole-barn, this is a high quality red steel building with 2 roll up doors, ample lighting, insulation, and its own separate electric meter. Base material has been added from the rear entry of the property to the rear door of the shop as well as down the rear fence line to ensure that heavy equipment or trucks will not have issues. 7 Miles from downtown Conway and just 22 miles from the beautiful Atlantic Ocean, with all the shopping and dining that Myrtle Beach has to offer!!! As you know, homes like this, with this much storage and functionality do not become available very often. Do not delay as this home will not last long!!!

Last Agent to Sell the Property

Nathan Cook

Latitude Realty License #90431 Listed on: 06/24/2022

Latitude Realty

Last Buyer's Agent

Victor Duval

RE/MAX Executive License #109507

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1992

Lot Details

  • 2.2 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Detached Garage
  • Side Facing Garage
  • RV Access or Parking

Home Design

  • Low Country Architecture
  • Bi-Level Home
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Schools

  • Pee Dee Elementary School
  • Whittemore Park Middle School
  • Conway High School

Utilities

  • Central Heating
  • Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Additional Features

  • Front Porch
  • Outside City Limits

Community Details

  • The community has rules related to allowable golf cart usage in the community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,609

Year Built

Built in 1992

Lot Details

0

Parking

10

Listing Details

  • Lot Description: Rectangular, 1 Or More Acres
  • Four Sided Lot Measurement: 226 x 409 x 220 x 419
  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 1992
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Fireplace
  • Floor Cover: Vinyl, Carpeting, Laminate
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Heat, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 06/24/2022
  • Sold Total Heated Sq Ft: 1900
  • Sold Total Sq Ft: 2800
  • Style: Low Country
  • Type Of Parking: Detached 3-Car
  • Vehicle Parking Capacity: 10
  • Total Heated Sq Ft: 1900
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 2800

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Boat Parking, Outside Storage Detached, Side Load Garage, Back Load Garage, Rv Parking
  • Exterior Finish: Wood Frame, Vinyl Siding
  • Foundation: Crawl
  • Number Of Acres: 2.2

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Pee Dee Elementary School
  • Middle School: Whittemore Park Middle School
  • High School: Conway High School

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: res

MLS Schools

  • Elementary School: Pee Dee Elementary School
  • HighSchool: Conway High School
  • Middle School: Whittemore Park Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Mar 6, 2023
Sold by
Meken William M
Bought by
Purser Michael S and Purser Mary B
Seller's Agent
Nathan Cook
Latitude Realty
Buyer's Agent
Victor Duval
RE/MAX Executive
List Price
$499,900
Sold Price
$420,000
Premium/Discount to List
-$79,900
-15.98%
Views
210
Current Estimated Value
$450,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,057
Avg. Annual Appreciation
2.72%
Original Mortgage
$378,000
Outstanding Balance
$366,047
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$84,010

Purchase Details

Closed on
Dec 9, 2003
Sold by
Baker Marshall R and Baker Donya D
Bought by
Meken William M

Purchase Details

Closed on
Oct 14, 1998
Sold by
Baker Marshall R
Bought by
Baker Marshall R and Todd Donya D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.61%
Mortgage Type
Unknown
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
Purser Michael S $420,000 --
Meken William M $209,000 --
Baker Marshall R $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purser Michael S $378,000
Previous Owner Baker Marshall R $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $420,000 -6.6% $221 / Sq Ft
08/24/2022 08/24/22 Price Changed $449,900 -6.3% $237 / Sq Ft
08/03/2022 08/03/22 Price Changed $479,900 -2.0% $253 / Sq Ft
07/13/2022 07/13/22 Price Changed $489,900 -2.0% $258 / Sq Ft
06/24/2022 06/24/22 For Sale $499,900 -- $263 / 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 $1,609 $24,800 $6,011 $18,789
2023 $1,609 $8,510 $1,321 $7,189
2021 $705 $14,622 $2,070 $12,552
2020 $611 $14,622 $2,070 $12,552
2019 $785 $14,622 $2,070 $12,552
2018 $707 $11,100 $1,722 $9,378
2017 $692 $11,100 $1,722 $9,378
2016 -- $11,100 $1,722 $9,378
2015 $692 $7,400 $1,148 $16,412
2014 $639 $11,100 $1,722 $9,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2214211

Coastal Carolinas Association of REALTORS®

APN: 37807030003