NOT LISTED FOR SALE

7031 Timberlake Dr Unit Lot 288 - Westerly B Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $551,000 - $618,000

5 Beds
4 Baths
3,764 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $423,665 $113 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,314/month

Highlights

  • New Construction
  • Lake On Lot
  • Traditional Architecture
  • St. James Elementary School Rated A
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of July 2020

Unique floorplan with plenty of space to spread out and a standard 3 car garage! This home will be ready soon and has a brick elevation with front porch. There is a stunning 2 story living room as you walk in with tons of natural light and detailed with crown molding and 5-1/4 inch baseboards. Huge kitchen with a gourmet island/breakfast bar, granite countertops, stainless steel appliances with a natural gas cooktop, walk-in pantry, and 36" painted staggered cabinets. Expansive family room and formal dining room! There is one bedroom and a full bathroom on the first floor, and 3 more bedrooms, a loft, plus the master on the 2nd floor. Spacious master bedroom with tray ceiling, 5' shower, and separate vanities. This home also has wood floors throughout the main living area. *Photos are of a similar Westerly floorplan. (Home and community information, including pricing, included features, terms, availability and amenities, are subject to change and prior sale at any time without notice or obligation. Square footages are approximate. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes built. Equal housing opportunity builder. *Photos and Virtual tour are of a similar furnished model.)

Last Agent to Sell the Property

Shawn Finigan

DR Horton License #86977 Listed on: 01/29/2020

Last Buyer's Agent

Jodylynne Jordan

Realty ONE Group Dockside License #94421

Realty ONE Group Dockside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 8,276

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Masonry Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 3,764 Sq Ft Home
  • Tray Ceiling
  • Insulated Doors
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Screened Porch
  • Carpet
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Outdoor Features

  • Lake On Lot
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Carpet
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include electric common, common maint/repair, manager, pool service, recreation facilities, trash pickup
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$95 per month

Parking

6

Listing Details

  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 2020
  • Class: Residential
  • Construction Status: Never Occupied
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric, Gas
  • Monthly HOA as Calculated: 95
  • HOA Management Company: CAMS 843-249-1779
  • Home Warranty: Yes
  • Lvt Date: 01/29/2020
  • Sold Total Heated Sq Ft: 3764
  • Sold Total Sq Ft: 4611
  • Style: Traditional
  • Type Of Parking: Attached 3-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 3764
  • Geo Subdivision: SC
  • Section Subdivision: The Farm @ Timberlake
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Interior Amenities: Garage Door Opener, Stairs To Attic, Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Bonus Room, Loft, Screened Porch
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Tray Ceiling
  • Bedrooms: 5
  • Dining Room Type: Area, Formal
  • Full Bathrooms: 4
  • Levels: Two-Story
  • Total Sq Ft: 4611

Exterior Features

  • Exterior Features: Patio, Front Porch, Rear Porch, Insulated Doors/Windows
  • Exterior Finish: Masonry Accent, Vinyl Siding, Wood Frame
  • Foundation: Slab
  • Number Of Acres: 0.19

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas
  • Utilities Available: Cable Tv, Electricity, Natural Gas, Sewer, Telephone, Underground Utilities, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Common Maint/Repair, Manager, Pool Service, Recreation Facilities, Trash Pickup

Schools

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

Lot Info

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

MLS Schools

  • Elementary School: Saint James 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
Jan 29, 2020
Closed on
Jul 8, 2020
Sold by
Dr Horton Inc
Bought by
Servedio Giacomo and Servedio Donna M
Seller's Agent
Shawn Finigan
DR Horton
Buyer's Agent
Jodylynne Jordan
Realty ONE Group Dockside
List Price
$425,065
Sold Price
$423,665
Premium/Discount to List
-$1,400
-0.33%
Current Estimated Value
$578,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,525
Avg. Annual Appreciation
6.11%
Original Mortgage
$338,800
Outstanding Balance
$300,983
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$277,207
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
Servedio Giacomo $423,665 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Servedio Giacomo $338,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $423,665 -0.3% $113 / Sq Ft
01/29/2020 01/29/20 For Sale $425,065 -- $113 / 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 $1,850 $31,735 $6,613 $25,122
2023 $1,850 $16,660 $2,380 $14,280
2021 $1,665 $24,990 $3,576 $21,414
2020 $763 $3,576 $3,576 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2002138

Coastal Carolinas Association of REALTORS®

APN: 45708030068