NOT LISTED FOR SALE

174 E Covington Dr Unit Lot 161 Myrtle Beach, SC 29579

Estimated Value: $461,000 - $522,000

0.22 Acre
$2,216,591 Price per Acre
9,583 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $52,000

Est. 838% increase in value since last sale

Current estimated payment $2,772/month

696 Days on Market

Highlights

  • Lake On Lot
  • Gated Community
  • Pond
  • Carolina Forest Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Lot

As of March 2021

The community of Covington Lake East is one of only a few gated communities in the Carolina Forest area. The neighborhood is conveniently located about 2 miles from all the shopping of Carolina Forest and Highway 501. This is a highly sought after gated subdivision. Offering all natural gas for savings and convenience. Amenities abound, in addition to the pool, Covington Lake East offers a covered pavilion and playground. The homes in Covington Lake are five minutes from Carolina Forest's amenities, including plentiful shops on Carolina Forest Blvd. More recreation options are located just a short drive away including golf courses, shopping, entertainment and of course, the beautiful beaches of the Grand Strand. Highly rated Carolina Forest school system is just down the road. Lot is located on the pond and is not completely cleared but does have lots of trees. Bring your ideas and build your South Carolina dream home!

Last Agent to Sell the Property

Joel Barber Team

Century 21 The Harrelson Group Listed on: 03/05/2019

Co-Listed By

Max Kilic

Century 21 The Harrelson Group License #96762

Last Buyer's Agent

Kevin Mills

Century 21 Barefoot Realty License #90799

Century 21 Barefoot Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,631

Lot Details

  • 9,583 Sq Ft Lot
  • Rectangular Lot
  • Cleared Lot

HOA Fees

  • $50 Monthly HOA Fees

Farming

  • Timber

Community Details

Recreation

  • Community Pool
  • Pond
  • Lake On Lot

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,631

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 125 x 77 x 125 x 77
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Gated Community
  • Class: Land
  • HOA Fee Frequency: Monthly
  • HOA Management Company: First Serv Res 843-904-7001 Donald
  • Lvt Date: 03/05/2019
  • Estm Road Frontage: 77
  • Additional Information: Timber, Cleared, Pond(s)
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 50
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Access: City Street
  • Road Surface: Blacktop
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.22

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Carolina Forest Elementary School
  • Middle School: Ten Oaks Middle School
  • High School: Carolina Forest High School

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Covington Homes Llc
Bought by
Shaffer Maureen and Shaffer Harold E
Current Estimated Value
$487,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Outstanding Balance
$337,728
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$149,922

Purchase Details

Listed on
Mar 5, 2019
Closed on
Mar 17, 2021
Sold by
Vudrag Lorenzo
Bought by
Covington Homes Llc
Seller's Agent
Joel Barber Team
Century 21 The Harrelson Group
Buyer's Agent
Kevin Mills
Century 21 Barefoot Realty
List Price
$65,000
Sold Price
$52,000
Premium/Discount to List
-$13,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.73%

Purchase Details

Closed on
Jul 14, 2006
Sold by
Covington Lake East Llc
Bought by
Vudrag Lorenzo and Vudrag Jeanine
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
Shaffer Maureen $408,000 --
Covington Homes Llc $52,000 --
Vudrag Lorenzo $129,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Maureen $367,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $52,000 -11.9% --
09/10/2019 09/10/19 Price Changed $59,000 -9.2% --
03/05/2019 03/05/19 For Sale $65,000 -- --
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 $1,631 $19,382 $4,600 $14,782
2023 $1,631 $2,094 $2,094 $0
2021 $5,225 $3,142 $3,142 $0
2020 $487 $3,142 $3,142 $0
2019 $487 $3,142 $3,142 $0
2018 $0 $2,027 $2,027 $0
2017 $0 $2,027 $2,027 $0
2016 $0 $2,027 $2,027 $0
2015 -- $2,027 $2,027 $0
2014 $423 $2,027 $2,027 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joel Barber Team

    Century 21 The Harrelson Group

  • Max Kilic

    Seller Co-Listing Agent in 2021

    Max Kilic

    Century 21 The Harrelson Group

    (843) 957-7323

    11 in this area

    108 Total Sales

    Max Kilic
    Section Image
  • Kevin Mills

    Buyer's Agent in 2021

    Kevin Mills

    Century 21 Barefoot Realty

    (843) 213-7919

    18 in this area

    367 Total Sales

    Kevin Mills
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1905098

Coastal Carolinas Association of REALTORS®

APN: 39816030117

South Carolina Horry County Myrtle Beach 29579

174 E Covington Dr Unit Lot 161, Myrtle Beach, SC

This home is located at 174 E Covington Dr Unit Lot 161, Myrtle Beach, SC 29579 since 05 March 2019 and is currently estimated at $487,650. 174 E Covington Dr Unit Lot 161 is a home located in Horry County with nearby schools including Carolina Forest Elementary School, Ten Oaks Middle, and Carolina Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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