3 months on rocket

531 Drake Ln, Surfside Beach, SC, 29575

$269,000

Home List Price

$3,194*

Closing Credit

2 Bedrooms
2 Full Baths
1,084 SqFt
$248/SqFt
House
Schools Nearby

Location

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531 Drake Ln, Myrtle Beach$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1997
HeatingCentral, Electric
CoolingCentral Air
WaterfrontPond
MLS #2402408
Lot Size0.15 Acres
StatusActive

About 531 Drake Ln

Have you always dreamed of living within a golf cart ride to the beach? Well, here's your chance! Welcome to Mallard Landing, a wonderful community in Surfside Beach with easy access to all the Grand Strand has to offer! This charming 2-bedroom, 2 full bath home is located in a quiet cul-de-sac. The main living area fills with light and leads to an expansive screened-in porch where you can enjoy a cup of coffee overlooking your beautifully manicured fenced-in yard and views of the water. Your primary bedroom suite offers a private bath and a generous walk-in closet. Attached shed is large enough for your golf cart! Newer roof, HVAC and recently installed solar panels will cut down on energy costs! This home has attractive curb appeal, especially when the Hibiscus, Mexican Petunias and Morning Glory are in full bloom! House needs some updating and minor repairs which is reflected in the list price. Close to shopping, hospitals, entertainment, restaurants, award-winning golf courses, and of course the beach! It's not just a new home, but a lifestyle! Schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1997
  • Living Area: 1,084 SqFt

Listing Office:

  • Office Name: Keller Williams Innovate South
  • Office Phone: (843) 443-9400

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Window Treatments, Kitchen Island, Solid Surface Counters, Workshop

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • Exterior: Fence, Porch, Patio, Storage

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Waterfront, Pond, Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • St. James High School, Public District Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $248/SqFt

HOA Fees:

  • Amount: $30
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $604
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Myrtle Beach, SC.

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Myrtle Beach, SC

City

Med. Sold Price

$317K

Med. Price/SqFt

$212

Avg. Days On Market

111

# of Sold Homes

401

531 Drake Ln vs Myrtle Beach

99 DAYS ON ROCKET

-12 Days

$269,000

-$48K Less

$248/SqFt

+$35 More

KEY TAKEAWAY

This property is $48K less than the Median Sold Price and $35/SqFt more than other homes in Myrtle Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CCAR
  • MLS Number: #2402408

Listing Office:

  • Office Name: Keller Williams Innovate South
  • Office Phone: (843) 443-9400

IDX Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 9:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 24, 2017Home Sold
$157,000

Tax History

YEARPROP. TAXASSESSMENT
2020$604$6,430
2019$603$160,750
2018$2,007$153,850
2017$434$112,950

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-7871108
8
/10

  • St. James High School

  • 10800 Highway 707

  • 3.27 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,963. The majority of Myrtle Beach, SC residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Drake Ln

What is the listing price of this property?

The listing price of 531 Drake Ln property is $269,000.

What type of property is this?

The property 531 Drake Ln is a house located in Surfside Beach, South Carolina, 29575.

Is this property for sale now?

Active Listing: 531 Drake Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 531 Drake Ln are:
St. James High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $604 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 24, 2017 for $157,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 Drake Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 Drake Ln is 1,084 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Drake Ln is 1997.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29575›531 Drake Ln

This home is located at 531 Drake Ln in Surfside Beach, SC and zip code 29575. This 1,084 square foot home, which was built in 1997, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $269,000.

While more than 22 listings in Myrtle Beach, SC in April 2024 were sold above asking price, there were more than 75 listings sold at asking price, and more than 304 were sold below. The number of listings in Myrtle Beach, SC increased by 4.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $317,039, while the average time on the real estate market was 111 days.

From Rocket Homes Real Estate and based on county public records data.

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