NOT LISTED FOR SALE

123 E Covington Dr Myrtle Beach, SC 29579

Estimated Value: $525,018 - $584,000

0.32 Acre
$1,770,328 Price per Acre
13,939 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $79,000

Est. 617% increase in value since last sale

Current estimated payment $3,564/month

2 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Community Pool
  • Carolina Forest Elementary School Rated A-
  • Wooded Lot
  • Rectangular Lot

About This Lot

As of November 2021

Build the home of your dreams at this .32 acre, lot available in the prestigious Covington Lakes East gated community!! There is no timetable to build, and you can bring your own builder. Conveniently located near shopping, dining and entertainment and just a short drive to the beaches. Measurements are not guaranteed and are the buyers responsibility to verify.

Last Agent to Sell the Property

Peter Sollecito

CB Sea Coast Advantage MI Listed on: 09/21/2021

Last Buyer's Agent

The Davis Team

EXP Realty LLC

EXP Realty LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.32 Acre Lot
  • Rectangular Lot
  • Wooded Lot
  • Property is zoned RE

HOA Fees

  • $45 Monthly HOA Fees

Location

  • Outside City Limits

Community Details

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Lot Description: Wooded, Rectangular
  • Four Sided Lot Measurement: 70x189x88x166
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Gated Community, Long Term Rental Allowed
  • Class: Land
  • HOA Fee Frequency: Monthly
  • HOA Management Company: William Douglas Mgmt/843-492-0088
  • Lvt Date: 09/21/2021
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 45
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Surface: Blacktop
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.32

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: RE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Alh Llc
Bought by
Nguyen Binh Thanh and Pham Thucvy Thanh
Current Estimated Value
$566,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$414,200
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$152,305

Purchase Details

Closed on
Jun 27, 2022
Sold by
Alh Llc
Bought by
Alh Llc and Snt Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 16, 2021
Sold by
Cap Florida Grp Llc
Bought by
Alh Llc
Seller's Agent
Peter Sollecito
CB Sea Coast Advantage MI
Buyer's Agent
The Davis Team
EXP Realty LLC
List Price
$84,900
Sold Price
$79,000
Premium/Discount to List
-$5,900
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.50%

Purchase Details

Closed on
Mar 29, 2019
Sold by
Mavi Malkiat Singh
Bought by
Cap Florida Group Llc

Purchase Details

Closed on
Jul 7, 2006
Sold by
Covington Lake East Llc
Bought by
Mavi Malkiat Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,400
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Nguyen Binh Thanh $530,000 --
Alh Llc -- --
Alh Llc $79,000 --
Cap Florida Group Llc $50,000 --
Mavi Malkiat Singh $114,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Binh Thanh $424,000
Previous Owner Alh Llc $350,000
Previous Owner Mavi Malkiat Singh $103,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $79,000 -6.9% --
09/21/2021 09/21/21 For Sale $84,900 -- --
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 $6,606 $32,418 $6,141 $26,277
2023 $6,606 $3,833 $3,833 $0
2021 $1,026 $3,833 $3,833 $0
2020 $795 $3,833 $3,833 $0
2019 $587 $3,833 $3,833 $0
2018 $530 $2,449 $2,449 $0
2017 $527 $2,449 $2,449 $0
2016 -- $2,449 $2,449 $0
2015 $527 $2,450 $2,450 $0
2014 $509 $2,450 $2,450 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Sollecito

    Seller's Agent in 2021

    Peter Sollecito

    CB Sea Coast Advantage MI

    (843) 457-5592

    124 in this area

    1,307 Total Sales

    Peter Sollecito
    Section Image

  • T

    Buyer's Agent in 2021

    The Davis Team

    EXP Realty LLC

    (843) 421-5483

    40 in this area

    297 Total Sales

    The Davis Team
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2121124

Coastal Carolinas Association of REALTORS®

APN: 39816020041

South Carolina Horry County Myrtle Beach 29579

123 E Covington Dr, Myrtle Beach, SC

Not Listed for Sale

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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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