NOT LISTED FOR SALE

187 E Covington Dr Unit Lot 93 Covington Lak Myrtle Beach, SC 29579

Estimated Value: $620,000 - $684,000

0.35 Acre
$1,888,389 Price per Acre
15,246 Sq Ft Lot

Last Sold December 19, 2017

Last sale price $47,000

Est. 1,306% increase in value since last sale

Current estimated payment $3,961/month

18 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Community Pool
  • Carolina Forest Elementary School Rated A-

About This Lot

As of December 2017

Grab your piece of paradise with this great wooded lot. This is an all brick or stucco upscale home community and the best part is that there is no time frame in which to build. Community is gated with a key card access. The Carolina Forest community offers the most central and convenient location to all that Myrtle Beach has to offer. Close enough to enjoy shopping, entertainment, restaurants and our beautiful sandy beaches. Come home to a custom built home in a very beautiful and peaceful community. Great time to buy and build!!! Also we have custom builders that can build your beautiful dream home. Call today for more information.

Last Agent to Sell the Property

Gladys Chandler

Pace Realty License #51655 Listed on: 11/10/2017

Last Buyer's Agent

Van Watts

Pace Realty License #30367

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,516

Lot Details

  • 0.35 Acre Lot
  • Wooded Lot

HOA Fees

  • $41 Monthly HOA Fees

Schools

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

Community Details

Recreation

  • Community Pool

Additional Features

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,516

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Lot Description: Wooded
  • Four Sided Lot Measurement: 77.03X167.50X98.72X192.61
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool-Outdoor Community, Gated Community
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: 843-839-4100 x 3 Rebecca
  • Lvt Date: 11/10/2017
  • Previous Tax Mapnumber: 163-51-01-026
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 41
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Utilities
  • Geo Subdivision: SC
  • Section Subdivision: Covington Lake East
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.35

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

  • Zoning: Res

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Malasi Ervin
Bought by
Mclane Abbe W and Mclane Lowell P
Total Days on Market
18
Current Estimated Value
$660,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,500
Outstanding Balance
$473,820
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$219,135

Purchase Details

Closed on
Mar 15, 2021
Sold by
Vassallo John B
Bought by
Malasi Ervin

Purchase Details

Listed on
Nov 10, 2017
Closed on
Dec 20, 2017
Sold by
Genesis Equity Llc
Bought by
Vassalo John B
Seller's Agent
Gladys Chandler
Pace Realty
Buyer's Agent
Van Watts
Pace Realty
List Price
$48,500
Sold Price
$47,000
Premium/Discount to List
-$1,500
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.50%

Purchase Details

Closed on
May 26, 2006
Sold by
Covington Lake East Llc
Bought by
Genesis Equity Llc
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
Mclane Abbe W $685,000 --
Malasi Ervin $59,900 --
Vassalo John B $47,000 --
Genesis Equity Llc $119,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclane Abbe W $479,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2017 12/19/17 Sold $47,000 -3.1% --
11/10/2017 11/10/17 For Sale $48,500 -- --
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 $2,516 $2,818 $2,818 $0
2023 $2,516 $2,818 $2,818 $0
2021 $916 $2,818 $2,818 $0
2020 $587 $2,818 $2,818 $0
2019 $587 $2,818 $2,818 $0
2018 $794 $3,685 $3,685 $0
2017 $0 $2,485 $2,485 $0
2016 $0 $2,485 $2,485 $0
2015 -- $2,486 $2,486 $0
2014 $516 $2,486 $2,486 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gladys Chandler

    Pace Realty

    Section Image

  • V

    Buyer's Agent in 2017

    Van Watts

    Pace Realty

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1723858

Coastal Carolinas Association of REALTORS®

APN: 39816030082

South Carolina Horry County Myrtle Beach 29579

187 E Covington Dr Unit Lot 93 Covington Lak, Myrtle Beach, SC

This home is located at 187 E Covington Dr Unit Lot 93 Covington Lak, Myrtle Beach, SC 29579 since 10 November 2017 and is currently estimated at $660,936. 187 E Covington Dr Unit Lot 93 Covington Lak 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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