NOT LISTED FOR SALE

1602 Surf Estates Way Unit Lot 16 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $848,000 - $1,199,000

1 Acre
$1,054,836 Price per Acre
43,560 Sq Ft Lot

Last Sold August 31, 2012

Last sale price $100,000

Est. 955% increase in value since last sale

Current estimated payment $5,946/month

About This Lot

As of August 2012

This lot is located in the Surf Estates. This is a 76 home pristine community close to the beach.

Last Agent to Sell the Property

TEAM MacNair

Weichert Realtors Southern Coast Listed on: 06/11/2012

Last Buyer's Agent

Robert Shahan

Sea Oats Real Estate License #26059

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,133

Lot Details

  • 1 Acre Lot
  • Irregular Lot

HOA Fees

  • $115 Monthly HOA Fees

Additional Features

  • East of US 17
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,133

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Lot Description: Irregular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions
  • Class: Land
  • HOA Fee Frequency: Monthly
  • Previous Tax Mapnumber: 144-21-01-018
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 115
  • Residence: Land Only
  • Road Access: City Street
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Gas, Water, Sewer, Phone, Tv Cable, Underground, Utilities
  • Special Features: 12
  • Property Sub Type: LotsLands

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: North Myrtle Beach Elementary School - Inactive
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach

Lot Info

  • Lot Location: Inside City Limits, East Of Business 17
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2019
Sold by
Casamento Peter M
Bought by
Jackson Walter S
Current Estimated Value
$1,054,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Outstanding Balance
$199,564
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$855,272

Purchase Details

Listed on
Jun 11, 2012
Closed on
Aug 31, 2012
Sold by
Mcdowell Marcus G
Bought by
Casamento Peter M
Seller's Agent
TEAM MacNair
Weichert Realtors Southern Coast
Buyer's Agent
Robert Shahan
Sea Oats Real Estate
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.75%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Surf Estates Llc
Bought by
Mcdowell Marcus G and Mcdowell Jeri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Jackson Walter S $657,000 --
Casamento Peter M $100,000 --
Mcdowell Marcus G $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Walter S $307,000
Previous Owner Mcdowell Marcus G $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $100,000 0.0% --
06/11/2012 06/11/12 For Sale $100,000 -- --
06/09/2012 06/09/12 Pending -- -- --
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 $3,133 $41,421 $18,722 $22,699
2023 $3,133 $25,434 $6,958 $18,476
2021 $2,752 $25,434 $6,958 $18,476
2020 $2,688 $25,434 $6,958 $18,476
2019 $1,776 $33,184 $8,710 $24,474
2018 $0 $15,787 $3,867 $11,920
2017 $0 $15,787 $3,867 $11,920
2016 $0 $15,787 $3,867 $11,920
2015 -- $15,788 $3,868 $11,920
2014 $1,492 $15,788 $3,868 $11,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1209998

Coastal Carolinas Association of REALTORS®

APN: 35012030035