$102,500
SOLD SEP 1, 2020

8875 Grove Park Dr Unit E Myrtle Beach, SC 29575

2 Beds
2 Baths
925 Sq Ft
$224/mo HOA Fee

Recently Sold

$111 Per Sq Ft

3% Below List Price

26 Days on Market

Highlights

  • Lake View
  • Clubhouse
  • Lawn
  • Seaside Elementary Rated A-
  • End Unit
  • Screened Porch

About This Home

As of July 2023

You must see this beautiful condo in the highly sought after community of South Bay Lakes. This two bedroom, two bath second floor unit has been well maintained, has upgraded LVT flooring, fresh paint and lots of natural light. Relax on the screened porch and enjoy the breeze and the view of the landscaped pond. South Bay Lakes features two pools, a clubhouse, and a picnic/grilling area. The well maintained, quiet, and friendly community of South Bay Lakes is in close proximity to several beaches, golf, state parks, shopping at Market Common and Broadway at the beach, the airport, the Marsh Walk and of course many restaurants and attractions. The HOA has a low fee which includes, cable, phone & internet, water, trash, exterior building insurance, landscaping, and use of all amenities. This is the perfect unit for a primary home, secondary home or an investment property. Don’t miss your opportunity to see this home! Measurements and square footage are approximate and not guaranteed. It is the responsibility of the Buyer to verify measurements/square footage. Seller is motivated!

Last Agent to Sell the Property

Alissa Lightman

Realty ONE Group Dockside Listed on: 07/03/2020

Realty ONE Group Dockside

Co-Listed By

Nikki Lane

INNOVATE Real Estate License #116954

Last Buyer's Agent

Holly Schreiber

Oasis Realty Collective License #92194

Oasis Realty Collective

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $604

Year Built

  • Built in 1993

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 925 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Lake Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Linen Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, telephone service in unit, internet access, pest control
  • Low-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Building Details

  • Security

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$604

Year Built

Built in 1993

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Unit Location: End Unit, Lake/Pond View
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 1993
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate, Tile, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 224
  • HOA Management Company: Myrtle Beach Realty -843-238-5185
  • Living Room Type: Ceiling Fan
  • Lvt Date: 07/03/2020
  • Sold Total Heated Sq Ft: 925
  • Sold Total Sq Ft: 1170
  • Total Heated Sq Ft: 925
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: On Lake/Pond, Outside City Limits, East Of Highway 17 Bypass
  • Exterior Unit Features: Insulated Doors/Windows, Storm Doors
  • Gross Annual Rental Incom: 11,000
  • HOA Fees include insurance: Yes
  • Project Section Code: South Bay Lakes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1993

Interior Features

  • Bedroom 1: 10X12
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Wshr/Dryer Connection, Enter Through Foyer
  • Kitchen: 8X9
  • Living Room: 16x12
  • Master Bedroom: 15x11
  • Other Rooms: Foyer, Laundry/Utility, Screened Porch
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Oven, Microwave, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Linen Closet
  • Bedrooms: 2
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1170

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: 2 Car Unit

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Telephone Service In Unit, 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

MLS Schools

  • Elementary School: Seaside 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
Jun 8, 2023
Closed on
Jul 26, 2023
Sold by
Thompson Glenn D
Bought by
Gibbins Jerry Preston
Seller's Agent
Grand Strand Team
INNOVATE Real Estate
Buyer's Agent
Louise Goodman
Hawkeye Realty Inc
List Price
$187,500
Sold Price
$185,000
Premium/Discount to List
-$2,500
-1.33%
Views
221
Current Estimated Value
$203,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,184
Avg. Annual Appreciation
4.52%
Original Mortgage
$166,500
Outstanding Balance
$162,800
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$40,384

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 31, 2020
Sold by
Lenhart Richard Michael
Bought by
Thompson Glenn D
Seller's Agent
Alissa Lightman
Realty ONE Group Dockside
Buyer's Agent
Holly Schreiber
Oasis Realty Collective
List Price
$105,500
Sold Price
$102,500
Premium/Discount to List
-$3,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.58%
Original Mortgage
$97,375
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 8, 2018
Sold by
Swartz Jonathan L
Bought by
Lenhart Richard M
Seller's Agent
Tina Lombardo
Weichert Realtors Southern Coast
Buyer's Agent
Catherine Jan
INNOVATE Real Estate
List Price
$92,900
Sold Price
$89,000
Premium/Discount to List
-$3,900
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$87,387
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2011
Sold by
Mayer August F
Bought by
Swartz Jonathan L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 --
Warranty Deed $102,500 --
Warranty Deed $89,000 --
Deed $63,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,500 New Conventional
Previous Owner $97,375 New Conventional
Previous Owner $87,387 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $185,000 -1.3% $200 / Sq Ft
06/08/2023 06/08/23 For Sale $187,500 +82.9% $203 / Sq Ft
09/01/2020 09/01/20 Sold $102,500 -2.8% $111 / Sq Ft
07/03/2020 07/03/20 For Sale $105,500 +18.5% $114 / Sq Ft
05/09/2018 05/09/18 Sold $89,000 -4.2% $99 / Sq Ft
03/07/2018 03/07/18 For Sale $92,900 -- $103 / 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 $604 $11,394 $0 $11,394
2023 $604 $11,088 $0 $11,088
2021 $489 $11,088 $0 $11,088
2020 $152 $8,505 $0 $8,505
2019 $326 $8,505 $0 $8,505
2018 $0 $6,090 $0 $6,090
2017 -- $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2013584

Coastal Carolinas Association of REALTORS®

APN: 46200000823