NOT LISTED FOR SALE

7016 Timberlake Dr Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $431,000 - $508,000

5 Beds
3 Baths
2,900 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2023

Last sale price $462,500 $159 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,831 / mo

About This Home

CAN THIS PRICE BE CORRECT??!! THIS STUNNING 5 BEDROOM, 3 FULL BATH HAS ALL THE WOW FACTORS, WITHOUT THE HEFTY PRICE TAG! AS SOON AS YOU WALK INTO THE HOME, YOU WILL NOTICE A TRUE 2 STORY FOYER, A BEAUTIFUL FORMAL DININGROOM THAT LEADS INTO A MAGNIFICENT KITCHEN WITH ALL THE BELLS AND WHISTLES! THE GOURMET KITCHEN OVERLOOKS THE LARGE FAMILY ROOM WITH A TRUE WOODBURNING FIREPLACE. THE FIRST FLOOR ALSO OFFERS A BEDROOM AND FULL BATH. UPSTAIRS YOU WILL FIND THE TRUE LIVING AREA WITH A MASTER BEDROOM AND BATH THAT OVERLOOK THE POND. THE SECOND FLOOR ALSO CONSISTS OF 2 MORE BEDROOMS AND 1 OTHER FULL BATH. THE 5TH BEDROOM IS MASSIVE, AND CAN BE CONSIDERED A TRUE BEDROOM, OR USED AS AN EXTRA LARGE BONUS ROOM WITH VAULTED CEILINGS. THIS BEAUTIFULE HOME SITS ON A BEAUTIFUL POND WITH A FENCED IN YARD. ENJOY A NICE SUMMER EVENING ON THE SCREENED IN PORCH SIPPING ONE OF YOUR FAVORITE BEVERAGES, OR RELAX IN THE HOT TUB OVERLOOKING THE POND. THIS HOME HAS IT ALL!! FROM CURB APPEAL, TO SPACE! USE OUR PREFERRED LENDER AND RECEIVE A CLOSING CREDIT!! SCHEDULE YOUR SHOWING WITH YOUR AGENT TODAY, OR CONTACT THE LISTING AGENT IF YOU ARE NOT CURRENTLY WORKING WITH A BUYER'S AGENT! "HOME IS NOT A PLACE, IT'S A FEELING!"

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Aug 15, 2023
Sold by
Bought by
Seller's Agent
Shannon Thompson
KingOne Properties, LLC
Buyer's Agent
Lori Lentz-Widner
Century 21 The Harrelson Group
List Price
$480,000
Sold Price
$462,500
Premium/Discount to List
-$17,500
-3.65%
Views
502
Current Estimated Value
$470,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,336
Avg. Annual Appreciation
0.61%
Original Mortgage
$448,625
Interest Rate
0.0678%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,499
Interest Rate
0.033%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$462,500 --
$326,110 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $448,625
Previous Owner $293,499
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $462,500 -1.6% $185 / Sq Ft View Prior Sale
06/23/2023 06/23/23 Price Changed $470,000 -2.1% $188 / Sq Ft
06/13/2023 06/13/23 For Sale $480,000 -- $192 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,801 $0 $0 $0
2024 $1,801 $27,922 $6,587 $21,335
2023 $1,801 $12,910 $2,370 $10,540
2021 $1,311 $19,368 $3,558 $15,810
2020 $739 $3,558 $3,558 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Thompson

    Seller's Agent in 2023

    Shannon Thompson

    KingOne Properties, LLC

    (386) 290-9866

    1 in this area

    60 Total Sales

    Shannon Thompson
    Section Image
  • Lori Lentz-Widner

    Buyer's Agent in 2023

    Lori Lentz-Widner

    Century 21 The Harrelson Group

    (843) 455-6159

    40 in this area

    446 Total Sales

    Lori Lentz-Widner
    Section Image
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Map

South Carolina Horry County Myrtle Beach 29588 Burgess

7016 Timberlake Dr, Myrtle Beach, SC

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