NOT LISTED FOR SALE

1511 Milano Ct Unit Lot 31 Myrtle Beach, SC 29579

Grande Dunes Neighborhood

Estimated Value: $1,941,000 - $2,003,000

0.8 Acre
$2,465,000 Price per Acre
34,848 Sq Ft Lot

Last Sold May 30, 2014

Last sale price $260,000

Est. 658% increase in value since last sale

Current estimated payment $11,889/month

110 Days on Market

Highlights

  • On Golf Course
  • 0.8 Acre Lot
  • Wooded Lot
  • Gated Community
  • Clubhouse
  • Community Pool

About This Lot

As of May 2014

Fabulous golf course lot in the exclusive gated Milano section of Grande Dunes. Choose your own builder. No time limit to build. .8+ acres and arguably the best lot in Grande Dunes. Fabulous view of the 13th fairway & green. You may choose your own builder with no time limit to build. Ownership includes membership to the prestigious Grande Dunes Ocean Club.

Last Agent to Sell the Property

M.A. Peedin

Peedin Real Estate License #46395 Listed on: 01/21/2014

Last Buyer's Agent

Kelly Tressler

Realty ONE Group Dockside License #58593

Realty ONE Group Dockside

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,486

Lot Details

  • 0.8 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $238 Monthly HOA Fees

Utilities

  • Phone Available

Community Details

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,486

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Lot Description: Irregular, Cul-De-Sac, Wooded
  • Four Sided Lot Measurement: 45x213x100x241x183
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Security, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle
  • Class: Land
  • HOA Fee Frequency: Monthly
  • HOA Management Company: Waccamaw Mgmt. 843-315-0300
  • Previous Tax Mapnumber: 165-22-01-032
  • Estimated Lot Size: .5-1 Acres
  • Monthly HOA Calculated: 238
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer, Phone, Tv Cable, Underground
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.8

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: Inside City Limits, On Golf Course, In Golf Course Community
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2014
Closed on
Jun 12, 2014
Sold by
Balachandran Sivanthan and Balachandran Vidya
Bought by
Balachandran Sivanthan and Balachandran Vidya
Seller's Agent
M.A. Peedin
Peedin Real Estate
Buyer's Agent
Kelly Tressler
Realty ONE Group Dockside
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Total Days on Market
110
Current Estimated Value
$1,972,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,712,000
Avg. Annual Appreciation
20.03%
Original Mortgage
$260,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2014
Closed on
May 30, 2014
Sold by
Edwards James K
Bought by
Vidya Balachandran Sivanthan and Vidya Balachanran
Seller's Agent
M.A. Peedin
Peedin Real Estate
Buyer's Agent
Kelly Tressler
Realty ONE Group Dockside
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
Edwards James K
Bought by
Edwards James K

Purchase Details

Closed on
Aug 28, 2003
Sold by
Grande Dunes Development Co Llc
Bought by
Edwards James K and Edwards Beatrice S
Source: Public Records

Range of Values:

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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
Balachandran Sivanthan -- --
Vidya Balachandran Sivanthan $260,000 --
Edwards James K -- --
Edwards James K $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balachandran Sivanthan $1,497,000
Closed Balachandran Sivanthan $1,503,500
Closed Vidya Balachandran Sivanthan $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $260,000 -13.3% --
05/11/2014 05/11/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $299,900 -- --
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 $7,486 $72,975 $12,111 $60,864
2023 $7,486 $72,975 $12,111 $60,864
2021 $6,722 $114,464 $23,168 $91,296
2020 $5,810 $114,464 $23,168 $91,296
2019 $4,682 $23,168 $23,168 $0
2018 $4,203 $15,797 $15,797 $0
2017 $4,155 $15,797 $15,797 $0
2016 -- $15,797 $15,797 $0
2015 $4,108 $15,797 $15,797 $0
2014 $1,891 $8,870 $8,870 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1401626

Coastal Carolinas Association of REALTORS®

APN: 39510030003