NOT LISTED FOR SALE

16 Prospect Point Loop Georgetown, SC 29440

Estimated Value: $929,460

5 Beds
4.5 Baths
2,700 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $625,000 $231 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,828/month

535 Days on Market

Highlights

  • Boat Ramp
  • Golf Course Community
  • Gated Community
  • Waccamaw Elementary School Rated A-
  • Private Beach
  • Island Location

About This Home

As of February 2020

Across DeBordieu Boulevard steps away from the Atlantic Ocean, 16 Prospect Point Loop is both casual and comfortable. Located on a corner lot and situated on a canal, this beach house is an ideal place for making memories. Shielded by cedar trees, upper and lower porches run the length of the house to provide ample opportunity to enjoy quiet mornings interrupted only by the sound of the ocean. Evenings can include watching deer as they meander through the neighborhood. An inverted floor plan features a Great Room with wet bar and fireplace, kitchen with dining area as well as a Carolina Room. This floor is complete with two bedrooms; one ensuite and a second with a shared hall bath. Lower floor: One ensuite bedroom. Two other bedrooms share a bath with separate vanities. A den provides additional space for entertaining guests. While this home has been carefully maintained by a single owner, with no rentals, its proximity to the ocean and canal, as well as its floor plan, lend excellent rental potential. Consider embracing this coastal lifestyle and call 16 Prospect Point Loop your own. Debordieu Colony, a private 2700 acre community, offers miles of pristine beach, championship golf, professional tennis, two swimming pools with gazebo bar, fitness center, bike paths and walking trails, as well as fine or casual dining at the Clubhouse and/or Beach Club. A community boat landing provides access to North Inlet and the Atlantic Ocean.

Last Listed By

Paul Yarborough

Peace Sotheby's Intl Realty PI License #75620 Listed on: 07/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,298

Year Built

  • Built in 1981

Lot Details

  • 0.5 Acre Lot
  • Private Beach
  • Corner Lot
  • Irregular Lot

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Low Country Architecture
  • Bi-Level Home
  • Wallpaper
  • Siding
  • Tile

Interior Spaces

  • 2,700 Sq Ft Home
  • Wet Bar
  • Furnished
  • Window Treatments
  • Family Room with Fireplace
  • Open Floorplan
  • Den
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Creek On Lot
  • Wood patio
  • Front Porch

Location

  • Island Location
  • East of US 17
  • Outside City Limits

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include common maint/repair, manager, security
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Ramp
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,298

Year Built

Built in 1981

Lot Details

0

HOA Fees

$233 per month

Parking

4

Listing Details

  • Lot Description: Corner, Irregular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Seller Disclosure, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Private Beach Comm Access, Boat Ramp
  • Estimated Year Built: 1981
  • Class: Residential
  • Construction Status: Resale
  • Family Rm Great Rm: Fireplace, Wet Bar, Wallpaper/Covering
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 233
  • HOA Management Company: DCCA 843-527-4436
  • Lvt Date: 07/19/2018
  • Sold Total Heated Sq Ft: 2700
  • Sold Total Sq Ft: 4400
  • Style: Low Country
  • Type Of Parking: Driveway
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2700
  • Geo Subdivision: SC
  • Section Subdivision: Debordieu Colony
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Furnished, Fireplace
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Carolina Room, Den/Study/Library, Laundry/Utility
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range Hood, Range
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 5
  • Dining Room Type: Fam/Dr Combo, Kit/Dr Combo
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 4400

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Outside Storage Attached, Outside Storage Detached
  • Exterior Finish: Siding
  • Foundation: Crawl
  • Number Of Acres: 0.5

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Maint/Repair, Manager, Security

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Lot Location: On Inlet/Creek, Outside City Limits, East Of Bus 17, Island, In Golf Course Community
  • Zoning: Res

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Feb 3, 2020
Sold by
Plowden Sarah Harman
Bought by
Umstetter Bruce and Umstetter Gloria
Seller's Agent
Paul Yarborough
Peace Sotheby's Intl Realty PI
Buyer's Agent
Lindy Mickle
Peace Sotheby's Intl Realty PI
List Price
$850,000
Sold Price
$625,000
Premium/Discount to List
-$225,000
-26.47%
Total Days on Market
535
Current Estimated Value
$929,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,460
Avg. Annual Appreciation
7.81%
Original Mortgage
$430,000
Outstanding Balance
$385,435
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$544,025

Purchase Details

Listed on
Jul 13, 2018
Closed on
Dec 23, 2019
Sold by
Crocker Ashley Harman
Bought by
Plowden Sarah Harman and Elizabeth H Caddell Revocable Trust
Seller's Agent
Paul Yarborough
Peace Sotheby's Intl Realty PI
Buyer's Agent
Lindy Mickle
Peace Sotheby's Intl Realty PI
List Price
$850,000
Sold Price
$625,000
Premium/Discount to List
-$225,000
-26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$385,435
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$544,025

Purchase Details

Closed on
May 7, 2018
Sold by
Caddell Elizabeth H
Bought by
Caddell Elizabeth H and Elizabeth H Caddell Revocable Trust

Purchase Details

Closed on
Mar 29, 2018
Sold by
Caddell Elizabeth H
Bought by
Caddell Elizabeth H and Elizabeth H Caddell Revocable Trust

Purchase Details

Closed on
Feb 22, 2017
Sold by
Caddell Elizabeth H
Bought by
Caddell Elizabeth H and Elizabeth H Caddell Revocable Trust

Purchase Details

Closed on
Aug 5, 2014
Sold by
Caddell Elizabeth H
Bought by
Marvin P Caddell Family Trust and Trust B

Range of Values:

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Average Value
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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
Umstetter Bruce $625,000 None Available
Plowden Sarah Harman $269,100 None Available
Caddell Elizabeth H -- None Available
Caddell Elizabeth H -- None Available
Caddell Elizabeth H -- --
Marvin P Caddell Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umstetter Bruce $430,000
Closed Plowden Sarah Harman $269,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold $625,000 -7.4% $231 / Sq Ft
11/22/2019 11/22/19 Price Changed $675,000 -14.6% $250 / Sq Ft
06/04/2019 06/04/19 Price Changed $790,000 -7.1% $293 / Sq Ft
07/13/2018 07/13/18 For Sale $850,000 -- $315 / 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 $5,298 $43,650 $16,000 $27,650
2023 $5,298 $24,620 $16,000 $8,620
2022 $2,913 $24,620 $16,000 $8,620
2021 $2,819 $0 $0 $0
2020 $2,812 $0 $0 $0
2019 $11,697 $0 $0 $0
2018 $11,749 $0 $0 $0
2017 $10,862 $0 $0 $0
2016 $10,795 $34,400 $0 $0
2015 $3,600 $0 $0 $0
2014 $3,600 $960,500 $656,300 $304,200
2012 -- $960,500 $656,300 $304,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1815222

Coastal Carolinas Association of REALTORS®

APN: 04-0191-028-00-00