NOT LISTED FOR SALE

1618 Southwood Dr Myrtle Beach, SC 29575

Estimated Value: $400,459 - $454,000

3 Beds
3 Baths
2,156 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $295,000 $137 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,436/month

5 Days on Market

Highlights

  • Boat Dock
  • Lake On Lot
  • Community Pool
  • Lakewood Elementary Rated A
  • Contemporary Architecture
  • Fireplace

About This Home

As of March 2021

A most see home on the lake located in a long established neighborhood a few miles from the beach, airport, Market Common, Murrells Inlet Marshwalk, Coastal Carolina University and lots of shopping and restaurants. Priced to sell. The home has had one owner who kept the house clean and up to date. The lake can be seen from the MB, Family room, and enclosed porch. A quaint outdoor deck situated just over the bulkhead on the lake can be a peaceful and serene place to enjoy your morning coffee or evening cocktails. There is a fireplace in the family room off the eat-in-kitchen plus a dedicated dining area in the large living room. A Carolina room and an enclosed porch add lots of room to relax and enjoy the beautiful view. Many extras just add to the overall beauty of the home. The home is being sold "as is". There will be no repairs and no disclosures. Measurements are approximate and the responsibility of the buyer to verify.

Last Agent to Sell the Property

Patsy Foley

Palmetto Coastal Homes License #54024 Listed on: 02/03/2021

Last Buyer's Agent

Brandy Campbell

Century 21 Palms Realty License #83753

Century 21 Palms Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1990

Lot Details

  • 0.26 Acre Lot
  • Rectangular Lot
  • Property is zoned GR

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Siding
  • Tile

Interior Spaces

  • 2,156 Sq Ft Home
  • Fireplace
  • Insulated Doors
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Lake On Lot
  • Patio
  • Built-In Barbecue
  • Rear Porch

Utilities

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

Community Details

Overview

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

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,482

Year Built

Built in 1990

Lot Details

0

HOA Fees

$30 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Long Term Rental Allowed, Owner Allowed Motorcyle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Boat Dock
  • Estimated Year Built: 1990
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Semi-Annually
  • Great Family Room: 16x15
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 30
  • HOA Management Company: Waccamaw Management-843-272-8705
  • Lvt Date: 02/03/2021
  • Sold Total Heated Sq Ft: 2156
  • Sold Total Sq Ft: 2345
  • Style: Contemporary
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2156
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Bedroom 1: 12x11
  • Bedroom 2: 14x12
  • Dining Room: 18x10
  • Interior Amenities: Security System, Intercom, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan, Fireplace
  • Kitchen: 14x10
  • Living Room: 18x14
  • Master Bedroom: 23x17
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 2345

Exterior Features

  • Exterior Features: Patio, Rear Porch, Lawn Sprinkler, Insulated Doors/Windows, Built-In Bbq
  • Exterior Finish: Brick Veneer, Siding
  • Foundation: Slab
  • Number Of Acres: 0.26

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Pool Service, Common Maint/Repair

Schools

  • Elementary School: Lakewood Elementary School
  • Middle School: Socastee Middle School
  • High School: Socastee High School

Lot Info

  • Lot Location: On Lake/Pond
  • Zoning: GR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 9, 2021
Sold by
Bishop Of Charleston
Bought by
Richardson William L and Richardson Corrina Idol
Seller's Agent
Patsy Foley
Palmetto Coastal Homes
Buyer's Agent
Brandy Campbell
Century 21 Palms Realty
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%
Current Estimated Value
$430,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,365
Avg. Annual Appreciation
7.99%
Original Mortgage
$236,000
Outstanding Balance
$214,045
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$204,796

Purchase Details

Closed on
Dec 22, 2020
Sold by
St Michaels Catholic Church
Bought by
Bishop Of Charleston and St Michael Catholic Church

Purchase Details

Closed on
Aug 10, 2020
Sold by
White Rachelina F
Bought by
St Micheals Catholic Church

Purchase Details

Closed on
Feb 14, 2011
Sold by
White Thomas
Bought by
White Lena F
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
Richardson William L $295,000 --
Bishop Of Charleston -- --
Bishop Of Charleston -- --
St Micheals Catholic Church -- --
St Michaels Catholic Church -- --
White Lena F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson William L $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $295,000 +7.3% $137 / Sq Ft
02/03/2021 02/03/21 For Sale $275,000 -- $128 / 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 $1,482 $15,151 $5,755 $9,396
2023 $1,482 $16,799 $3,599 $13,200
2021 $1,427 $11,200 $2,400 $8,800
2020 $575 $12,155 $3,599 $8,556
2019 $575 $8,104 $2,400 $5,704
2018 $0 $8,500 $2,400 $6,100
2017 $0 $8,500 $2,400 $6,100
2016 $0 $8,500 $2,400 $6,100
2015 -- $8,500 $2,400 $6,100
2014 -- $8,500 $2,400 $6,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2102506

Coastal Carolinas Association of REALTORS®

APN: 45901020028