NOT LISTED FOR SALE

1001 Ray Costin Way Unit 1607 Murrells Inlet, SC 29576

Estimated Value: $337,000 - $350,000

3 Beds
2 Baths
1,631 Sq Ft
$456/mo HOA Fee

Last Sold May 03, 2021

Last sale price $215,000 $132 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,620/month

98 Days on Market

Highlights

  • Private Beach
  • Private Pool
  • Lake View
  • Seaside Elementary Rated A-
  • RV or Boat Parking
  • Clubhouse

About This Home

As of May 2021

Tupelo Bay, The epiphany of vacation resort properties for your relaxation and enjoyment and high short term rental income. Larger than most detached homes this sweet condo has great views of the fountained lighted lake from the Master and the cozy Carolina room. Quality Built with many unique features in construction and furnishings... Crown Molding, recessed lighting throughout, smooth ceilings, interior fire sprinklers, ceiling fans and Chair Molding. Solid surface countertops in kitchen and baths with ceramic tile floors. White on white Kitchen, entertain at the 10 foot breakfast bar. One Year old HVAC. His/hers walk in closets in Master bedroom with unique bump out sitting area, walk in shower in the bath. Unit is Tropical motif furnished just lacking mattresses. Handicap accessible with building elevators and wide doorways. Outside storage closet can hold a couple of bikes. Tupelo Bay grounds are full of mature palm trees, tropical flowers, shrubbery and lighted fountained lakes. Outstanding first class Clubhouse with large exercise room. Gather around the fireplace in the meeting room or the golfers bar both available for private parties . Olympic size indoor pool, hot tub, large outdoor pool, picnic area, volleyball., BBQ Grilling area, Tennis, RV and boat parking, storage units for rent. Golf at four courses INCLUDED, executive course, pitch and putt, foot golf, miniature golf, frisbee golf. FREE transportation to the Private ocean beach access . Short walk to grocery and fine dining. Golf Cart rentals available for a short ride to the finest beaches on the strand, Piers, and family entertainment.EZ2C anytime. Motivated Seller says bring all offers!!!! Sold in as-is condition

Last Agent to Sell the Property

Joe Luzzi

South Strand Realty License #18149 Listed on: 12/02/2020

Last Buyer's Agent

Chris Leonhardt

Ocean Front Guru Real Estate License #49206

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,279

Year Built

  • Built in 2006

Lot Details

  • Private Beach
  • Lawn

HOA Fees

  • $456 Monthly HOA Fees

Parking

  • RV or Boat Parking

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Wallpaper
  • Concrete Siding
  • Tile

Interior Spaces

  • 1,631 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Pool

  • Private Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Front Porch

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, golf, rec. facilities, legal and accounting, master antenna/cable TV, recycling, internet access
  • Low-Rise Condominium
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Door to Door Trash Pickup
  • Recycling
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,279

Year Built

Built in 2006

Lot Details

0

HOA Fees

$456 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Lake/Pond View
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Tennis Court, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Recycling Available, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Pool-Indoor Community, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Private Beach Comm Access
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Forced Air, Central Air, Electric
  • Monthly HOA as Calculated: 456
  • HOA Management Company: Indigo Management 843 626-8517
  • Living Room Type: Ceiling Fan
  • Lvt Date: 12/02/2020
  • Sold Total Heated Sq Ft: 1631
  • Sold Total Sq Ft: 1681
  • Total Heated Sq Ft: 1631
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: On Lake/Pond, Outside City Limits, In Golf Course Community, East Of Highway 17 Bypass
  • Exterior Unit Features: Front Porch, Pool-Outdoor Private, Elevator-Exterior, Handicap Access, Insulated Doors/Windows, Outside Storage Attached, Pool-Indoor Private, Boat Parking, Spa/Hot Tub, Storm Windows
  • Gross Annual Rental Incom: 24,000
  • HOA Fees include insurance: Yes
  • Project Section Code: Tupelo Bay - Garden City
  • Which Floor: 02
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Bedroom 1: 11.5x11
  • Bedroom 2: 11x10.5
  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Elevator-Interior, Fire Sprinkler, Handicap Access, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Kitchen: 10.5x8
  • Living Room: 27x14.5
  • Master Bedroom: 17.5x11
  • Other Rooms: First Floor Bedrooms, Carolina Room, First Floor Bathrooms, Foyer, Laundry/Utility
  • Primary Bathroom: Shower, Vanity, Wallpaper/Covering
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Pantry, Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1681

Exterior Features

  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Private

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Golf, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Recycling, Internet Access

Schools

  • Elementary School: Seaside Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Zoning: MULTI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Apr 28, 2021
Sold by
Hendel Robert F
Bought by
Scholten Roger H and Scholten Patricia J
Seller's Agent
Joe Luzzi
South Strand Realty
Buyer's Agent
Chris Leonhardt
Ocean Front Guru Real Estate
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%
Current Estimated Value
$340,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,883
Avg. Annual Appreciation
10.99%
Original Mortgage
$172,000
Outstanding Balance
$155,875
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$185,008

Purchase Details

Closed on
Jul 11, 2006
Sold by
Little River Corp
Bought by
Hendel Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Scholten Roger H $215,000 --
Hendel Robert F $220,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholten Roger H $172,000
Previous Owner Hendel Robert F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $215,000 -1.8% $132 / Sq Ft
02/21/2021 02/21/21 Price Changed $219,000 -2.7% $134 / Sq Ft
01/31/2021 01/31/21 Price Changed $225,000 -4.1% $138 / Sq Ft
12/17/2020 12/17/20 Price Changed $234,500 -1.9% $144 / Sq Ft
12/02/2020 12/02/20 For Sale $239,000 -- $147 / 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 $4,279 $20,910 $0 $20,910
2023 $4,279 $19,950 $0 $19,950
2021 $3,674 $19,950 $0 $19,950
2020 $2,071 $19,950 $0 $19,950
2019 $2,071 $19,950 $0 $19,950
2018 $0 $15,540 $0 $15,540
2017 $0 $8,880 $0 $8,880
2016 $0 $8,880 $0 $8,880
2015 -- $15,540 $0 $15,540
2014 $1,854 $8,880 $0 $8,880
Source: Public Records

Agents Affiliated with this Home

  • Joe Luzzi

    Seller's Agent in 2021

    Joe Luzzi

    South Strand Realty

    (843) 421-4994

    5 in this area

    25 Total Sales

    Joe Luzzi
    Section Image
  • Chris Leonhardt

    Buyer's Agent in 2021

    Chris Leonhardt

    Ocean Front Guru Real Estate

    (843) 655-5714

    2 in this area

    40 Total Sales

    Chris Leonhardt
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2025368

Coastal Carolinas Association of REALTORS®

APN: 46211010015

South Carolina Horry County Murrells Inlet 29575

1001 Ray Costin Way Unit 1607, Murrells Inlet, SC

This home is located at 1001 Ray Costin Way Unit 1607, Murrells Inlet, SC 29576 since 02 December 2020 and is currently estimated at $340,883, approximately $209 per square foot. This property was built in 2006. 1001 Ray Costin Way Unit 1607 is a home located in Horry County with nearby schools including Seaside Elementary, St. James Intermediate, and St. James Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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