NOT LISTED FOR SALE

1616 Waterway Dr Unit Lot 111 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $851,322 - $934,000

5 Beds
4.5 Baths
2,758 Sq Ft
$321/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $492,000 $178 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,365/month

49 Days on Market

Highlights

  • Boat Ramp
  • Clubhouse
  • Main Floor Primary Bedroom
  • Ocean Drive Elementary School Rated A
  • Recreation Room
  • Solid Surface Countertops

About This Home

As of October 2019

Experience Amazing ICW views from the Front Porches of this 3-Story Raised Beach Home, located in prestigious SUNSET HARBOUR, an Intracoastal Waterway community in the Cherry Grove section of North Myrtle Beach. With a small pond located in the back, you can see water views from almost every room in this house. This home features 5 Bedrooms (2 Master Suites), 4.5 Full Bathrooms, 2700+ HSF with 2 Car Garage, Open Floor Plan, LED Lighting throughout, Natural Gas tankless Water Heater, Quartz Countertops throughout, Soft Close Cabinet Doors & Drawers throughout, 9 foot Smooth Ceilings with Crown Molding, built in Elevator Shaft for future installation, wide driveway, 2 large Front Porches, 3 Back Porches (1 screened) & an Oversized Patio with Natural Gas grill stub out overlooking the pond. The First Floor features a Master Bedroom & Master Bath with Double Vanity, Custom Tile Shower, large Walk-in Closet, designer Custom Kitchen with Tile Backsplash, Stainless Steel Appliances (Gas Range), Breakfast Bar, Pantry, large open Kitchen/Dining Room/Great Room combination with 'hand scraped' Engineered Hardwood floors, & a Half Bath. The Second Floor features a 2nd Master Suite & Master Bath with large Walk-in Tile Shower & access to a Screened Porch, a 3rd bedroom with a Full Bath, 2 additional Bedrooms with access to the large Top Front Porch, and a spare full Bathroom in the hallway. The Ground Floor features a super large 2 Car Garage with a Recreation Room/Workshop, a covered Porch, large Patio, and a fully Landscaped Yard with Irrigation. Home was built in 2017 by a Local Custom Builder. Sunset Harbour features a Community Clubhouse, Swimming Pool/Hot Tub, Waterway Pier, Boat Ramp & Gazebo with a new Restroom, and Boat Storage availability with one of the lowest HOA dues on the Beach. Sunset Harbour is a golf cart friendly community with plenty of Shopping, Restaurants, Entertainment, and the Beach just a short, enjoyable ride away. Call today for your own private showing!

Last Agent to Sell the Property

Michael Brisson

Blue Strand Real Estate Group License #89705 Listed on: 06/13/2019

Last Buyer's Agent

Dona Lee

RE/MAX Southern Shores License #17298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,573

Year Built

  • Built in 2017

Lot Details

  • 8,276 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned R-2A

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stilt Home
  • Raised Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,758 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Insulated Doors
  • Open Floorplan
  • Dining Area
  • Recreation Room
  • Workshop
  • Screened Porch
  • Carpet

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio

Location

  • Flood Zone Lot

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

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

Community Details

Overview

  • Association fees include electric common, legal and accounting, common maint/repair, manager, pool service, recreation facilities
  • The community has rules related to allowable golf cart usage in the community
  • Intracoastal Waterway Community

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,573

Year Built

Built in 2017

Lot Details

0

HOA Fees

$95 per month

Parking

6

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Four Sided Lot Measurement: 68x125x62x125
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Seller Disclosure, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet, Boat Ramp
  • Estimated Year Built: 2017
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Annually
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 95
  • HOA Management Company: Wright Management - 843-839-9888
  • Lvt Date: 06/13/2019
  • Style: Raised Beach
  • Type Of Parking: Attached 2-Car
  • Total Heated Sq Ft: 2758
  • Geo Subdivision: SC
  • Section Subdivision: Sunset Harbour
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Interior Amenities: Wind Treat Convey, Garage Door Opener, Workshop, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Laundry/Utility, Recreation Room, Screened Porch
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Freezer, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 5
  • Dining Room Type: Area, Fam/Dr Combo, Kit/Dr Combo
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 5199

Exterior Features

  • Exterior Features: Patio, Balcony, Front Porch, Rear Porch, Lawn Sprinkler, Storm Doors, Storm Windows, Insulated Doors/Windows
  • Exterior Finish: Vinyl Siding, Wood Frame
  • Foundation: Raised Beach
  • Number Of Acres: 0.19

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas, Tankless
  • Utilities Available: Cable Tv, Electricity, Natural Gas, Sewer, Telephone, Underground Utilities, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Legal And Accounting, Common Maint/Repair, Manager, Pool Service, Recreation Facilities

Lot Info

  • Lot Location: Inside City Limits, Second Row Other, In Icw Community
  • Zoning: R-2A

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Oct 30, 2019
Sold by
Locklear Jennifer P
Bought by
Thornton Linwood C
Seller's Agent
Michael Brisson
Blue Strand Real Estate Group
Buyer's Agent
Dona Lee
RE/MAX Southern Shores
List Price
$549,900
Sold Price
$492,000
Premium/Discount to List
-$57,900
-10.53%
Current Estimated Value
$886,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,331
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Jul 6, 2017
Sold by
Lbbs Properties Sc Llc A S
Bought by
Locklear Jennifer P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2011
Closed on
May 10, 2012
Sold by
Jones & Roberts Realty And Development L
Bought by
Lbbs Properties Sc Llc
Seller's Agent
Sharon Garrell
DR Horton
Buyer's Agent
Jerred Roberts
Beach House Consultants, Inc.
List Price
$99,900
Sold Price
$42,000
Premium/Discount to List
-$57,900
-57.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.34%

Purchase Details

Listed on
Nov 21, 2011
Closed on
Apr 30, 2012
Sold by
Pnc Bank
Bought by
Jones And Roberts Realty And Development
Seller's Agent
Sharon Garrell
DR Horton
Buyer's Agent
Jerred Roberts
Beach House Consultants, Inc.
List Price
$99,900
Sold Price
$42,000
Premium/Discount to List
-$57,900
-57.96%

Purchase Details

Closed on
Jul 19, 2011
Sold by
Rbc Centura Bank
Bought by
Rbc Centura Bank

Purchase Details

Closed on
May 9, 2011
Sold by
Master In Equity Horry County
Bought by
Rbc Centura Bank

Purchase Details

Closed on
Mar 21, 2006
Sold by
Mcgee Wayne L and Mcgee Dinah V
Bought by
John L Hayes Building Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.23%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 5, 2005
Sold by
Sunset Harbour Llc
Bought by
Mcgee Wayne L and Mcgee Dinah V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Thornton Linwood C $492,000 --
Locklear Jennifer P $468,000 --
Lbbs Properties Sc Llc -- --
Jones And Roberts Realty And Development $42,000 --
Rbc Centura Bank -- --
Rbc Centura Bank $85,000 --
John L Hayes Building Inc $265,000 None Available
Mcgee Wayne L $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Locklear Jennifer P $398,250
Previous Owner John L Hayes Building Inc $800,000
Previous Owner Mcgee Wayne L $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2019 10/30/19 Sold $492,000 -1.6% $178 / Sq Ft
07/08/2019 07/08/19 Price Changed $499,900 -9.1% $181 / Sq Ft
06/13/2019 06/13/19 For Sale $549,900 +1209.3% $199 / Sq Ft
04/30/2012 04/30/12 Sold $42,000 -58.0% $8 / Sq Ft View Prior Sale
03/26/2012 03/26/12 Pending -- -- --
11/21/2011 11/21/11 For Sale $99,900 -- $19 / 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 $7,573 $43,737 $13,836 $29,901
2023 $7,573 $30,459 $6,273 $24,186
2021 $6,893 $30,459 $6,273 $24,186
2020 $6,459 $28,857 $6,273 $22,584
2019 $1,843 $18,838 $3,782 $15,056
2018 $1,966 $18,599 $4,199 $14,400
2017 $955 $2,807 $2,807 $0
2016 -- $4,210 $4,210 $0
2015 $946 $4,211 $4,211 $0
2014 $916 $4,211 $4,211 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1912994

Coastal Carolinas Association of REALTORS®

APN: 35005010036