NOT LISTED FOR SALE

616 Hatteras River Rd Unit The Lakes Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $304,000 - $376,000

4 Beds
2 Baths
1,804 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $225,000 $125 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,938/month

214 Days on Market

Highlights

  • Lake On Lot
  • Deck
  • Community Pool
  • Burgess Elementary School Rated A-
  • Ranch Style House
  • Patio

About This Home

As of May 2018

Attractive and affordable brickfront home with dock on lakefront home in The Lakes subdivision. 3 bedrooms and two baths downstairs, and one bedroom/bonus room upstairs. Stately and warming fireplace with mantle in living room, tile flooring in wet areas, newer laminate in living area, and updated master bathroom with lots of eye-appealing fixtures. The view of the lake is hard to beat, with that view available from the kitchen, breakfast area, living room, back patio, and new dock (3 years young) right on the water. The all-brick front, crawlspace foundation (rather than slab construction as most homes are in The Lakes), and 3-year young HVAC system and appliances give this home lots of functional value and appeal, while the layout and finishes offer lots of living pleasure for the fortunate buyer. Kitchen appliances are all 2015 models. This home backs up to the lake, with a wide patio across the whole back of the house, and a viewing deck right on the pond. There are some nice trees on the lot, and it is not a huge back yard, making it easy to maintain. If you are looking for a big fenced in back yard, this is not it. If you are looking for ready-to-move-in, best views, easy to get to (not far from the entrance into the Lakes), easy to maintain, best value on a 4-bedroom (or 3-bedroom with bonus), this is your house. A true value in The Lakes, come show and sell before it is too late!

Last Agent to Sell the Property

Randy Wallace

Keller Williams Innovate South License #30014 Listed on: 08/31/2017

Keller Williams Innovate South

Co-Listed By

Weston Wallace

Resourceful Realty License #92431

Last Buyer's Agent

Caleb Coblentz

The Beverly Group License #101661

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1999

Lot Details

  • Property is zoned single fam

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,804 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake On Lot
  • Deck
  • Patio

Schools

  • Burgess Elementary School
  • Saint James Middle School
  • Saint James High School

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1999

Lot Details

0

HOA Fees

$32 per month

Parking

4

Listing Details

  • Four Sided Lot Measurement: 52x139x78x138
  • Amenities Available: Pool - Outdoor Community
  • Estimated Year Built: 1999
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 32
  • HOA Management Company: Litus 843-448-9000
  • Lvt Date: 08/31/2017
  • Sold Total Heated Sq Ft: 1804
  • Sold Total Sq Ft: 2240
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1804
  • Geo Subdivision: SC
  • Section Subdivision: The Lakes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Dining Room: 10x11
  • Kitchen: 10x11
  • Living Room: 28x15
  • Master Bedroom: 13x12.5
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Sq Ft: 2240

Exterior Features

  • Exterior Features: Patio, Deck

Garage/Parking

  • Type: Detached

Schools

  • Elementary School: Burgess Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Lot Location: On Lake/Pond
  • Zoning: single fam

MLS Schools

  • Elementary School: Burgess Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
May 30, 2018
Sold by
Catlla Andres B
Bought by
Barnett Joseph L and Barnett Courtnie L
Seller's Agent
Randy Wallace
Keller Williams Innovate South
Buyer's Agent
Caleb Coblentz
The Beverly Group
List Price
$238,000
Sold Price
$225,000
Premium/Discount to List
-$13,000
-5.46%
Current Estimated Value
$345,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,890
Avg. Annual Appreciation
6.49%
Original Mortgage
$220,924
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2017
Sold by
William C Garrison
Bought by
Catlla Andres and Wallace Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
3.85%

Purchase Details

Closed on
Dec 18, 2015
Sold by
Rj Scott Properties Llc
Bought by
Catlla Andres B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2015
Sold by
The Bank Of New York Mellon
Bought by
Rj Scott Properties Llc

Purchase Details

Closed on
Jul 28, 2015
Sold by
Holmes Rena R and Holmes Craig
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 4, 2008
Sold by
Holmes Rena R
Bought by
Holmes Rena R and Holmes Craig

Purchase Details

Closed on
Feb 26, 2003
Sold by
Holmes Craig
Bought by
Holmes Rena S

Purchase Details

Closed on
Aug 12, 1999
Sold by
Baker Edwin C and Baker Julie E
Bought by
Holmes Craig and Holmes Rena S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,060
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Barnett Joseph L $225,000 --
Catlla Andres $399,000 --
Catlla Andres B $215,000 --
Rj Scott Properties Llc $157,500 --
The Bank Of New York Mellon $153,000 --
Holmes Rena R -- --
Holmes Rena S -- --
Holmes Craig $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Joseph L $220,924
Previous Owner Catlla Andres $311,200
Previous Owner Catlla Andres --
Previous Owner Catlla Andres B $211,105
Previous Owner Holmes Craig $36,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $225,000 0.0% $125 / Sq Ft
03/16/2018 03/16/18 Price Changed $225,000 -2.2% $125 / Sq Ft
03/08/2018 03/08/18 Price Changed $230,000 +2.2% $127 / Sq Ft
11/16/2017 11/16/17 Price Changed $225,000 -1.7% $125 / Sq Ft
10/19/2017 10/19/17 Price Changed $229,000 -0.9% $127 / Sq Ft
10/06/2017 10/06/17 Price Changed $231,000 -2.9% $128 / Sq Ft
08/31/2017 08/31/17 For Sale $238,000 -- $132 / 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 $953 $12,998 $4,370 $8,628
2023 $953 $8,172 $1,664 $6,508
2021 $862 $8,172 $1,664 $6,508
2020 $755 $8,172 $1,664 $6,508
2019 $755 $8,172 $1,664 $6,508
2018 $2,724 $8,400 $1,864 $6,536
2017 $782 $8,400 $1,864 $6,536
2016 -- $8,400 $1,864 $6,536
2015 $2,195 $10,182 $2,496 $7,686
2014 $2,121 $10,182 $2,496 $7,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1718830

Coastal Carolinas Association of REALTORS®

APN: 45816040042