NOT LISTED FOR SALE

8796 Cloister Dr Unit A Myrtle Beach, SC 29575

Estimated Value: $164,774 - $187,000

2 Beds
2 Baths
950 Sq Ft
$263/mo HOA Fee

Last Sold November 30, 2021

Last sale price $138,000 $145 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,382/month

2 Days on Market

Highlights

  • Clubhouse
  • Main Floor Primary Bedroom
  • Community Pool
  • Seaside Elementary Rated A-
  • Screened Porch
  • Laundry Room

About This Home

As of November 2021

Great opportunity for primary, second home, or long term rental. This first floor condo has two bedrooms, two bathrooms and an open lay out. Upon entry you'll walk into spacious living area with kitchen/dining room combo. Off the living room is a screened in porch overlooking a lake perfect for relaxing outdoors. The porch also has a large storage room for beach chairs and extras. You will find newer floors throughout, new water heater and fridge 2020, new blinds and a separate laundry room with additional storage. The neighborhood offers an outdoor pool, clubhouse, tennis courts, basketball court and is centrally located to grocery stores, medical facilities, schools, shopping and of course the beach! Schedule your showing today as this gem won't last long!

Last Agent to Sell the Property

Renata Morrissette

Surfside Realty Co Inc License #100258 Listed on: 10/25/2021

Last Buyer's Agent

John Watson

Century 21 Palms Realty License #107016

Century 21 Palms Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1992

Lot Details

  • 0.51

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 950 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Screened Porch
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, pool service, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
  • Low-Rise Condominium

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,828

Year Built

Built in 1992

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Owner Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Cable Tv, Internet Access
  • Estimated Year Built: 1992
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Laminate
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 263
  • HOA Management Company: Surfside Realty
  • Living Room Type: Ceiling Fan
  • Lvt Date: 10/25/2021
  • Sold Total Heated Sq Ft: 950
  • Sold Total Sq Ft: 1020
  • Total Heated Sq Ft: 950
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Outside City Limits, East Of Highway 17 Bypass
  • Exterior Unit Features: Outside Storage Attached
  • HOA Fees include insurance: Yes
  • Project Section Code: South Bay Lakes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1992

Interior Features

  • Interior Amenities: Wshr/Dryer Connection
  • Other Rooms: Laundry/Utility, Screened Porch
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 2
  • Dining Room Type: Area
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1020

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access, Pest Control

Schools

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

Lot Info

  • Zoning: MF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Nov 29, 2021
Sold by
Drews Caroline Turner
Bought by
Labbe Gerald M and Garcia Wanda I
Seller's Agent
Renata Morrissette
Surfside Realty Co Inc
Buyer's Agent
John Watson
Century 21 Palms Realty
List Price
$134,900
Sold Price
$138,000
Premium/Discount to List
$3,100
2.3%
Current Estimated Value
$173,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,444
Avg. Annual Appreciation
6.65%
Original Mortgage
$110,000
Outstanding Balance
$101,548
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$71,896

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 16, 2018
Sold by
Lennox Lynda Jean
Bought by
Drews Caroline Turner
Seller's Agent
Elizabeth Wilhelm - Parsons
Surfside Realty Co Inc
Buyer's Agent
Renata Morrissette
Surfside Realty Co Inc
List Price
$89,500
Sold Price
$89,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$80,550
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2008
Sold by
Lennox John David
Bought by
Lennox John David
Source: Public Records

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Range of Values:

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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
Labbe Gerald M $138,000 --
Drews Caroline Turner $89,500 --
Lennox John David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labbe Gerald M $110,000
Previous Owner Drews Caroline Turner $80,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $138,000 +2.3% $145 / Sq Ft
10/25/2021 10/25/21 For Sale $134,900 +50.7% $142 / Sq Ft
11/19/2018 11/19/18 Sold $89,500 0.0% $97 / Sq Ft
10/18/2018 10/18/18 For Sale $89,500 -- $97 / 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 $1,828 $8,547 $0 $8,547
2023 $1,828 $8,547 $0 $8,547
2021 $1,689 $8,547 $0 $8,547
2020 $328 $8,547 $0 $8,547
2019 $328 $8,547 $0 $8,547
2018 $0 $6,090 $0 $6,090
2017 $770 $3,480 $0 $3,480
2016 -- $3,480 $0 $3,480
2015 $770 $6,090 $0 $6,090
2014 $745 $3,480 $0 $3,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2123894

Coastal Carolinas Association of REALTORS®

APN: 46200000572