NOT LISTED FOR SALE

Estimated Value: $181,000 - $281,000

0.29 Acre
$713,048 Price per Acre
12,632 Sq Ft Lot

Last Sold August 23, 2023

Last sale price $180,000

Est. 15% increase in value since last sale

Current estimated payment $1,485/month

4 Days on Market

Highlights

  • Lake On Lot
  • Gated Community
  • Community Pool
  • Ocean Bay Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Lot

As of August 2023

Introducing a Premier Palmetto Lake Lot with Stunning views in the prestigious gated community of Waterbridge. The highlight of this property is undoubtedly the picturesque view of the wooden bridge that spans the tranquil lake. Whether it is a morning coffee overlooking the sunrise or a peaceful evening spent watching the sunset in your backyard, this lot has one of the best views in the community. With an array of exceptional amenities and a prime location, this property offers an unparalleled living experience in the heart of Carolina Forest. Just a short walk from this property is the community's centerpiece and the crown jewel of residential pools in the state, offering a truly resort style experience. Whether you seek relaxation or an active lifestyle, Waterbridge’s other amenities include: tennis courts, pickle ball courts, volleyball courts, basketball and a community dock and boat launch.  Waterbridge is also strategically positioned to offer convenient access to a plethora of attractions in the north and south ends of the Grand Strand. From pristine beaches to world-class golf courses, restaurants, shopping, medical facilities and more, the best of South Carolina's offerings are just a short drive away. Build your dream home and savor the coastal lifestyle with this desirable premier lot.

Last Agent to Sell the Property

Christine Koppel

INNOVATE Real Estate Listed on: 06/19/2023

INNOVATE Real Estate

Co-Listed By

Rebecca 'Becki' Lewis

INNOVATE Real Estate License #118124

Last Buyer's Agent

Joe King

Sandy One, LLC License #39199

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,161

Lot Details

  • 0.29 Acre Lot
  • Rectangular Lot

HOA Fees

  • $150 Monthly HOA Fees

Schools

  • Ocean Bay Elementary School
  • Ten Oaks Middle School
  • Carolina Forest High School

Community Details

Overview

  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Tennis Courts
  • Community Pool
  • Lake On Lot

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,161

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 55x175x87x175
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Security, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: CAMS 843249-1779
  • Lvt Date: 06/19/2023
  • Estm Road Frontage: 55
  • Monthly HOA Calculated: 150
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Underground
  • Geo Subdivision: SC
  • Section Subdivision: Waterbridge
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.29

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Ocean Bay Elementary School
  • Middle School: Ten Oaks Middle School
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: On Lake/Pond
  • Zoning: RES

MLS Schools

  • Elementary School: Ocean Bay Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Ten Oaks Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Aug 16, 2023
Sold by
Micklos James E
Bought by
Ricasa Michael A and Ricasa Sandra M
Seller's Agent
Christine Koppel
INNOVATE Real Estate
Buyer's Agent
Joe King
Sandy One, LLC
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%
Total Days on Market
4
Views
21
Current Estimated Value
$206,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,784
Avg. Annual Appreciation
7.97%
Original Mortgage
$120,000
Outstanding Balance
$111,834
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$94,950
Source: Public Records

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Range of Values:

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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
Ricasa Michael A $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricasa Michael A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $180,000 -2.7% --
06/19/2023 06/19/23 For Sale $184,900 -- --
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 $2,161 $8,241 $8,241 $0
2023 $2,161 $8,241 $8,241 $0
2021 $1,041 $8,241 $8,241 $0
2020 $996 $8,241 $8,241 $0
2019 $996 $8,241 $8,241 $0
2018 $898 $4,184 $4,184 $0
2017 $895 $4,184 $4,184 $0
2016 -- $4,184 $4,184 $0
2015 $895 $4,184 $4,184 $0
2014 $865 $4,184 $4,184 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2312091

Coastal Carolinas Association of REALTORS®

APN: 39707030035