NOT LISTED FOR SALE

115 E Covington Dr Myrtle Beach, SC 29579

Estimated Value: $471,931 - $599,000

3 Beds
2 Baths
2,243 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $315,000 $140 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,070/month

156 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Formal Dining Room
  • Carolina Forest Elementary School Rated A-

About This Home

As of March 2019

Brand New Custom Built Home offered by Richardson Custom Builders. Exclusive Custom Built home on large wooded lot in gated community of Covington Lake East in Carolina Forest. You will not find a band new custom home in the 29579 zip code at a lower price. Open floor plan featuring 3 bedroom and 2 bath with a bonus room above garage. Features include luxury vinyl and tile flooring, black stainless steel appliances including a gas range, granite counter-tops, custom trim package including a coffer-ed ceiling in the great-room, custom landscape package. This beautiful custom home at listed price will not last long. Agent is related to owner.

Last Agent to Sell the Property

Russ Richardson

RCB Real Estate & Development License #76893 Listed on: 09/26/2018

Last Buyer's Agent

Shelyn Lee

Resourceful Realty License #76672

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.39

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,243 Sq Ft Home
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$123 per month

Parking

4

Listing Details

  • Estimated Year Built: 2019
  • Class: Residential
  • Construction Status: Never Occupied
  • HOA Fee Frequency: Quarterly
  • Monthly HOA as Calculated: 123
  • HOA Management Company: First Service 843-652-2176
  • Lvt Date: 09/26/2018
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Total Heated Sq Ft: 2243
  • Geo Subdivision: SC
  • Section Subdivision: Carolina Forest - Covington Lake East
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Bedrooms: 3
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Total Sq Ft: 2895

Garage/Parking

  • Type: Detached

Lot Info

  • Zoning: res

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Mar 27, 2019
Sold by
Richardson Custom Builders Llc
Bought by
Walker Ashton S
Seller's Agent
Russ Richardson
RCB Real Estate & Development
Buyer's Agent
Shelyn Lee
Resourceful Realty
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Current Estimated Value
$539,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,983
Avg. Annual Appreciation
8.31%
Original Mortgage
$288,461
Outstanding Balance
$259,386
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$280,597

Purchase Details

Closed on
Nov 28, 2017
Sold by
Peridot Luxury Travel Llc
Bought by
Richardson Custom Builders Llc

Purchase Details

Closed on
May 8, 2014
Sold by
Suntrust Bank
Bought by
Peridot Luxury Travel Llc

Purchase Details

Closed on
Apr 3, 2014
Sold by
Covington Lake East Property Owners Asso
Bought by
Suntrust Bank

Purchase Details

Closed on
May 11, 2006
Sold by
Covington Lake East Llc
Bought by
Neeves Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Walker Ashton S $315,000 --
Richardson Custom Builders Llc -- --
Peridot Luxury Travel Llc $34,750 --
Suntrust Bank $29,750 --
Neeves Andrew S $119,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Ashton S $288,461
Previous Owner Neeves Andrew S $107,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $315,000 -4.5% $140 / Sq Ft
02/20/2019 02/20/19 For Sale $330,000 +4.8% $147 / Sq Ft
12/16/2018 12/16/18 Off Market $315,000 -- --
09/26/2018 09/26/18 For Sale $330,000 -- $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 $1,421 $18,504 $4,226 $14,278
2023 $1,421 $18,898 $3,994 $14,904
2021 $1,281 $12,599 $2,663 $9,936
2020 $3,921 $12,599 $2,663 $9,936
2019 $827 $2,663 $2,663 $0
2018 $749 $3,479 $3,479 $0
2017 $0 $2,519 $2,519 $0
2016 $0 $2,519 $2,519 $0
2015 -- $2,519 $2,519 $0
2014 $524 $2,519 $2,519 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1819621

Coastal Carolinas Association of REALTORS®

APN: 39816020039