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531 Drake Lane

531 Drake Lane, Myrtle Beach, SC 29575
House in Horry
531 Drake Lane in Myrtle Beach, SC was first built in 1997 and is 29 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 100 floors. There are a total of 9 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 531 Drake Lane has 1,084 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The roof of the home is made of . Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . The property was last sold in Aug 23, 2017 for $157,000. That's $144.83 per sqft. 531 Drake Lane was last assessed in 2023. The total value of the property was assessed at $6,430. Specifically, the land the property is located on was valued at $1,394. While improvements on the property were assessed at a total of $5,036. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $72,019. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Vinyl Siding

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240129
01/29/2024
2 Bed
2 Bath
1084 ft²
$299,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1084 ft²
-
-
Alissa Carpenter
Realty ONE Group Dockside
20170729
07/29/2017
2 Bed
2 Bath
-
-
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-


Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,084
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MALLARD LANDING PH 1-B
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: MALLARD LANDING PH 1-B; LOT 53

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 051405

Geography

  • Parcel: 462-04-01-0002
  • Lot: 53
  • Municipality: SOCASTEE
  • Latitude: 33.6155
  • Longitude: -78.9941

    Address

  • Full Address: 531 Drake Ln
  • Address - House Number: 531
  • Address - Street Name: Drake
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R077
  • 4-Digit Zip Code: 4774
  • Zip Code: 29575

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $72,019
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.0711
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 95
  • Final Value: 274,274
  • High Value: 293,801
  • Low Value: 254,747

    Market Valuation

  • Market Total Value: $160,750
  • Market Land Value: $34,850
  • Market Improvement Value: $125,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,430
  • Assessed Land Value: $1,394
  • Assessed Improvements Value: $5,036

    Sales

  • Current Sale Contract Date: Aug 23, 2017
  • Current Sale Recording Date: Aug 24, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Horry



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Frequently Asked Questions

What neighborhood is 531 Drake Lane located in?
The 531 Drake Lane is a house located in the neighborhood of Horry in Horry, Myrtle Beach.
What is the average sales price for listings in 531 Drake Lane?
The average sales price for units in 531 Drake Lane is $0 currently.