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$1,599,000

Beds
4
Baths
2.5
sq ft
3,200

401 Patterson Dr, Myrtle Beach, SC 29572

401 Patterson Dr

Myrtle Beach, SC 29572

  • 38 days on market
    • Price drop $150,000↓
Great price improvement. Nestled in the prestigious Dunes Club community, this beautiful renovated brick home exudes timeless elegance while offering modern luxury. Situated on a large, quiet corner lot, it provides the perfect blend of privacy and neighborhood charm. Upon entering the grand foyer, you are greeted by 9 ft. ceilings and a custom staircase that sets the tone for the quality and craftsmanship found throughout the home. The formal dining room, conveniently located next to the kitchen, offers a perfect space for entertaining, while the great room, with its custom built-ins, fireplace, and abundant natural light, creates a warm and inviting atmosphere. The heart of the home is the updated kitchen, featuring high-end appliances such as a counter-depth Sub Zero commercial refrigerator with matching cabinet panels on the doors. Along with a chef's Wolfe 36" gas cooktop. Custom cabinetry and granite fantasy brown countertops elevate the space, making it as functional as it is stylish. There is a second great room, which also boasts a fireplace, built-ins, and French doors that open to a charming courtyard. Upstairs, you’ll find four spacious bedrooms and two full bathrooms. The primary suite is a true retreat, with a massive walk-in closet, a washer and dryer area with built-in cabinetry. The newly renovated bathroom features a gorgeous marble walk-in shower and marble floors. Outside, the professionally landscaped yard offers a serene escape, with a Charleston-style patio perfect for relaxing or entertaining. Enjoy the cool temperature given by the amazing oak tree in the front yard. Living here means enjoying a coastal lifestyle, with the ocean and Dunes Club just a short walk or golf cart ride away without going on the highway. With close proximity to dining, shopping, entertainment, and Grand Strand Regional Hospital, this home offers a rare combination of luxury, convenience, and location. All measurements are to be verified by the buyer.

Details

Property type

Single Family Residence

Est. home value

$956,467

Lot size

0.46 acres

Price per sq ft

$500

Year built

1970

HOA

Yes

Price History

10/15/2024
MyrtleBeach

MyrtleBeach #2421250

Price change
$1,599,000
-8.58%
09/11/2024
MyrtleBeach

MyrtleBeach #2421250

Listed
$1,749,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Golf

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank

Loan start date

May 2022

Original loan amount

$639,500

Est. remaining balance

$588,710

Interest rate

4.42%

Loan type

New Conventional, 20 year

Seller

Merritt Henry King and Lee Egerton King

Lender

First Citizens Bank

Loan start date

May 2022

Original loan amount

$150,000

Est. remaining balance

$141,617

Interest rate

4.42%

Loan type

New Conventional, 25 year

Seller

Meritt H King and E Lee

Lender

First Citizens Bank

Loan start date

April 2020

Original loan amount

$75,000

Est. remaining balance

$65,794

Interest rate

3.45%

Loan type

New Conventional, 25 year

Seller

Merritt Henry King and Lee Egerton King

Lender

First Citizens Bank

Loan start date

January 2019

Original loan amount

$596,000

Est. remaining balance

Not provided

Interest rate

4.37%

Loan type

New Conventional, 30 year

Seller

Merritt Henry King and Lee Egerton King

Lender

Conway National Bank

Loan start date

March 2016

Original loan amount

$75,000

Est. remaining balance

$12,131

Interest rate

3.19%

Loan type

Not Provided, 10 year

Seller

Merritt H King and Lee E King

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/19/2024 at 11:40 AM

Listing updated: 10/15/2024 at 7:55 PM

Listed by: Nancy Skelley, RE/MAX Southern Shores Phone #: (843) 839-0200

MLS: MyrtleBeach #2421250

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