NOT LISTED FOR SALE

Estimated Value: $200,000 - $232,000

2 Beds
2 Baths
1,140 Sq Ft
$371/mo HOA Fee

Last Sold February 08, 2022

Last sale price $199,900 $175 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,564/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Luxury Vinyl Tile Flooring
  • Furnished
  • Balcony
  • Central Air

About This Home

As of February 2022

Park Terrace is a hidden oasis in a quiet residential area of Myrtle Beach. The interior has been recently updated with lvp flooring, modern lighting, and bathroom upgrades. The hvac was replaced in Nov of 2021. This condo is fully furnished.

Last Agent to Sell the Property

Tim Fortson

The Beverly Group License #10250 Listed on: 01/17/2022

Last Buyer's Agent

Tim Fortson

The Beverly Group License #10250 Listed on: 01/17/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $731

Year Built

  • Built in 1996

Lot Details

  • 0.82

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Bi-Level Home
  • Entry on the 2nd floor
  • Concrete Siding

Interior Spaces

  • 1,140 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Washer and Dryer

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Central Air

Community Details

Overview

  • Association fees include trash pickup, pool service, landscape/lawn, insurance
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$731

Year Built

Built in 1996

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community, Owner Allowed Pet
  • Estimated Year Built: 1996
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air
  • Monthly HOA as Calculated: 371
  • HOA Management Company: Waccamaw 843-903-9551
  • Living Room Type: Vaulted/Cathedral Ceiling
  • Lvt Date: 01/17/2022
  • Sold Total Heated Sq Ft: 1140
  • Sold Total Sq Ft: 1190
  • Total Heated Sq Ft: 1140
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Inside City Limits
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Park Terrace
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Furnished: Yes
  • Interior Amenities: Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Two-Story
  • Total Sq Ft: 1190

Exterior Features

  • Exterior Finish: Concrete Fiber Siding

Garage/Parking

  • Type: Condo
  • Parking: Assigned

Condo/Co-op/Association

  • HOA Fee Includes: Trash Pickup, Pool Service, Landscape/Lawn, Insurance

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: North Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: Mf

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Aug 27, 2021
Sold by
Forte Kevin Joseph
Bought by
Spruill Kimberly A
Seller's Agent
Phoebe Guest
Realty ONE Group Dockside
Buyer's Agent
Tim Fortson
The Beverly Group
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$214,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,424
Avg. Annual Appreciation
7.82%

Purchase Details

Listed on
Feb 24, 2017
Closed on
Aug 3, 2017
Sold by
Moran Barbara J
Bought by
Forte Kevin Joseph
Seller's Agent
Gregory Harrelson
Century 21 The Harrelson Group
Buyer's Agent
Phoebe Guest
Realty ONE Group Dockside
List Price
$114,900
Sold Price
$98,000
Premium/Discount to List
-$16,900
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$63,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2005
Sold by
Shearer Wanda M
Bought by
Moran Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 2004
Sold by
Wilson Joseph A and Wilson Gloria J
Bought by
Shearer Wanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1998
Sold by
Park Terrace Of Myrtle Beach Llc
Bought by
Wilson Joseph R and Wilson Gloria J
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
Spruill Kimberly A $160,000 --
Forte Kevin Joseph $98,000 --
Moran Barbara J $119,900 --
Shearer Wanda M $105,000 --
Wilson Joseph R $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forte Kevin Joseph $63,000
Previous Owner Moran Barbara J $95,920
Previous Owner Shearer Wanda M $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $199,900 0.0% $175 / Sq Ft
01/17/2022 01/17/22 For Sale $199,900 +24.9% $175 / Sq Ft
08/27/2021 08/27/21 Sold $160,000 +6.7% $139 / Sq Ft
08/02/2021 08/02/21 For Sale $150,000 +53.1% $130 / Sq Ft
08/04/2017 08/04/17 Sold $98,000 -14.7% $85 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $114,900 -- $100 / 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 $731 $12,300 $0 $12,300
2023 $731 $13,020 $0 $13,020
2021 $2,516 $13,020 $0 $13,020
2020 $344 $13,020 $0 $13,020
2019 $331 $13,020 $0 $13,020
2018 $1,500 $9,870 $0 $9,870
2017 $287 $9,870 $0 $9,870
2016 -- $5,640 $0 $5,640
2015 $285 $3,760 $0 $3,760
2014 $256 $3,760 $0 $3,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2201137

Coastal Carolinas Association of REALTORS®

APN: 42013040053