NOT LISTED FOR SALE

720 Old Castle Loop Unit Lot 178 Sumter Myrtle Beach, SC 29579

Estimated Value: $395,000 - $418,000

4 Beds
3 Baths
2,425 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $267,874 $110 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,339/month

Highlights

  • Newly Remodeled
  • Gated Community
  • Ranch Style House
  • Ocean Bay Elementary School Rated A
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of September 2016

Easy access to is within minutes to all necessities, shopping, dining, healthcare, golf, attractions, entertainment, theaters, post offices, schools, grocery stores and beaches. All measurements and square footages are approximate.

Last Agent to Sell the Property

Jeffrey Wilhelm

Red Door Realty License #31043 Listed on: 03/02/2016

Red Door Realty

Last Buyer's Agent

Christine Smithson Clark

RE/MAX Southern Shores License #27150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 9,148

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 2,425 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Single Vanity
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Carolina Forest Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Utilities

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

Additional Features

  • No Carpet
  • Rectangular Lot

Community Details

  • Gated Community

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$65 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Gated Community, Long Term Rental Allowed
  • Estimated Year Built: 2016
  • Class: Residential
  • Construction Status: Never Occupied
  • Family Rm Great Rm: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Vinyl, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 65
  • HOA Management Company: Waccamaw 843-903-9551
  • Home Warranty: Yes
  • Lvt Date: 09/16/2016
  • Sold Total Heated Sq Ft: 2425
  • Sold Total Sq Ft: 2825
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2425
  • Geo Subdivision: SC
  • Section Subdivision: Summerlyn
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility, Screened Porch
  • Primary Bathroom: Garden Tub, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Breakfast Nook, Dishwasher, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level, Linen Closet, Walk-In Closet
  • Bedrooms: 4
  • Dining Room Type: Formal, Tray Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 2825

Exterior Features

  • Exterior Features: Front Porch
  • Exterior Finish: Masonry Accent, Vinyl Siding, Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Detached

Utilities

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

Schools

  • Elementary School: Carolina Forest Elementary School
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Zoning: RES

MLS Schools

  • Elementary School: Carolina Forest Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Sep 12, 2016
Sold by
Bmch South Carolina Llc
Bought by
Malfitano Vincent J and Malfitano Gretchen A
Seller's Agent
Jeffrey Wilhelm
Red Door Realty
Buyer's Agent
Christine Smithson Clark
RE/MAX Southern Shores
List Price
$261,568
Sold Price
$267,874
Premium/Discount to List
$6,306
2.41%
Current Estimated Value
$409,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,057
Avg. Annual Appreciation
4.81%
Original Mortgage
$214,299
Outstanding Balance
$171,284
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$238,647
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
Malfitano Vincent J $267,874 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malfitano Vincent J $214,299
Closed Malfitano Vincent J $214,299
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2016 09/12/16 Sold $267,874 +2.4% $110 / Sq Ft
03/02/2016 03/02/16 For Sale $261,568 -- $108 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
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 $1,208 $16,666 $5,077 $11,589
2023 $1,208 $10,580 $1,750 $8,830
2021 $1,090 $10,578 $1,746 $8,832
2020 $965 $10,578 $1,746 $8,832
2019 $965 $10,578 $1,746 $8,832
2018 $978 $10,424 $1,436 $8,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1618988

Coastal Carolinas Association of REALTORS®

APN: 39705020056