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5405 Sunset Lake Lane

5405 Sunset Lake Lane, Myrtle Beach, SC 29579
House in Horry
Sold Oct 07, 2021
$460,000
$260,000 by Guaranty Home Mortgage
Mortgage Due Jan 01, 2051
Sold Jul 30, 2018
$330,000
$313,500 by Dhi Mortgage
Mortgage Due Aug 01, 2048
5405 Sunset Lake Lane has been categorized by the local assessors in Myrtle Beach, SC as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5405 Sunset Lake Lane has 3,717 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 630 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of concrete. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5405 Sunset Lake Lane was last sold in Oct 7, 2021 for $460,000. According to our calculations, that's $123.76 per sqft. Prior to that sales transaction, the property was sold for $330,000 in Jul 23, 2018. Current property owners are expected to pay $1,983 in taxes per year. The property on 5405 Sunset Lake Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,000. To break that down further, the land itself was valued at $2,520. While improvements to the property were assessed at a total of $11,480. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 630
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,717
  • Building Area: 3,717
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,717
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARM @ CAROLINA FOREST PH 21
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FARM @ CAROLINA FOREST PH 21; LT 1349

Ownership

  • Current Owner : LEWIS NANCY M
  • Current Owner 2: ROTH ALAN N
  • Previous Owner : SMITH GREGORY M
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Horry County School District
  • Census Tract: 060207

Geography

  • Parcel: 396-08-01-0051
  • Lot: 1349
  • Municipality: CONWAY
  • Latitude: 33.7698
  • Longitude: -78.8804

    Address

  • Full Address: 5405 Sunset Lake Ln
  • Address - House Number: 5405
  • Address - Street Name: Sunset Lake
  • Address - Suffix Type: Ln
  • State: SC
  • City Name: Myrtle Beach
  • Carrier Code: R055
  • 4-Digit Zip Code: 3004
  • Zip Code: 29579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,983
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 544,262
  • High Value: 640,572
  • Low Value: 447,952

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: GUARANTY HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $349,970
  • Market Land Value: $62,970
  • Market Improvement Value: $287,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,520
  • Assessed Improvements Value: $11,480

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11865689493
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 30, 2018
  • Previous Sale Contract Date: Jul 23, 2018
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY HOME MORTGAGE
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE
  • Previous Mortgage Transaction Date: Jul 30, 2018
  • Previous Mortgage Loan Amount: $313,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Horry



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Frequently Asked Questions

What neighborhood is 5405 Sunset Lake Lane located in?
The 5405 Sunset Lake Lane is a house located in the neighborhood of Horry in Horry, Myrtle Beach.
What is the average sales price for listings in 5405 Sunset Lake Lane?
The average sales price for units in 5405 Sunset Lake Lane is $0 currently.

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