NOT LISTED FOR SALE

Estimated Value: $1,724,234 - $2,967,000

0.49 Acre
$4,325,631 Price per Acre
21,344 Sq Ft Lot

Last Sold December 05, 2022

Last sale price $1,599,000

Est. 33% increase in value since last sale

Current estimated payment $12,442/month

2 Days on Market

Highlights

  • Ocean Front
  • Community Boat Slip
  • Gated Community
  • Waccamaw Elementary School Rated A-
  • Private Beach
  • Property fronts a channel

About This Lot

As of December 2022

Extremely rare opportunity to purchase an oceanfront lot which also includes a second-row sub-lot which features a private heated pool and boat dock. The home pictured was destroyed by fire after Hurricane Ian. Updated pictures will be added once the debris is removed from the lot. This property is only 1 of 13 oceanfront lots in all of Garden City Beach which includes a sub-lot, and only 4 of those lots are located in Inlet Harbour, which is a private gated community located on the very south end of Garden City Beach. The opportunity to design and build your own custom oceanfront home while having a pool and private boat dock right across the street does not come along every day. Contact the listing agent, or your Realtor, for more information on the property.

Last Agent to Sell the Property

Billy Nichols

Dunes Realty Sales License #71525 Listed on: 10/27/2022

Last Buyer's Agent

James Allison

Dunes Realty Sales License #1401

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,772

Lot Details

  • 0.49 Acre Lot
  • Property fronts a channel
  • Ocean Front
  • Private Beach
  • Rectangular Lot
  • Property is zoned PD

HOA Fees

  • $236 Monthly HOA Fees

Schools

  • Waccamaw Elementary School
  • Waccamaw Middle School
  • Waccamaw High School

Additional Features

  • Ocean Views
  • Flood Zone Lot
  • Phone Available

Community Details

Overview

  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Boat Slip
  • Creek On Lot

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,772

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Lot Description: Rectangular
  • Improvements: Boat Dock
  • Four Sided Lot Measurement: 89' x 240'
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Private Beach Comm Access, Private Boat Slip
  • Class: Land
  • HOA Fee Frequency: Annually
  • HOA Management Company: Surfside Realty: 843-238-3435
  • Lvt Date: 10/27/2022
  • Monthly HOA Calculated: 236
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Phone, Sewer, Tv Cable, Underground, Water
  • Geo Subdivision: SC
  • Section Subdivision: Inlet Harbour
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.49

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Waccamaw Elementary School
  • Middle School: Waccamaw Middle School
  • High School: Waccamaw High School

Lot Info

  • Lot Location: Oceanfront Lot, On Inlet/Creek, Oceanview Lot, On Channel, Designated Flood Zone
  • Zoning: PD

MLS Schools

  • Elementary School: Waccamaw Elementary School
  • HighSchool: Waccamaw High School
  • Middle School: Waccamaw Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 1, 2022
Sold by
Dutoit Dirk B
Bought by
Grand Cayman Rental Units Llc
Seller's Agent
Billy Nichols
Dunes Realty Sales
Buyer's Agent
James Allison
Dunes Realty Sales
List Price
$1,490,000
Sold Price
$1,599,000
Premium/Discount to List
$109,000
7.32%
Views
19
Current Estimated Value
$2,119,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,559
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
May 10, 2021
Sold by
W Lee Guy Iii Family Limited Partnership
Bought by
Dutoit Dirk B and Dutoit Natalie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,556,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Grand Cayman Rental Units Llc $1,599,000 --
Grande Cayman Rental Units Llc $1,599,000 --
Dutoit Dirk B $1,945,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dutoit Dirk B $1,556,000
Previous Owner The W Lee Guy Iii Family Limited Partner $500,000
Previous Owner W Lee Guy Iii Family Limited Partnership $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $1,599,000 +7.3% --
10/27/2022 10/27/22 For Sale $1,490,000 -- --
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 $4,772 $18,000 $18,000 $0
2023 $4,772 $72,450 $72,000 $450
2022 $14,880 $63,450 $63,000 $450
2021 $21,160 $0 $0 $0
2020 $21,132 $0 $0 $0
2019 $20,886 $0 $0 $0
2018 $21,015 $0 $0 $0
2017 $19,577 $0 $0 $0
2016 $19,475 $92,430 $0 $0
2015 $18,526 $0 $0 $0
2014 $18,526 $1,540,500 $1,000,000 $540,500
2012 -- $1,540,500 $1,000,000 $540,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2223631

Coastal Carolinas Association of REALTORS®

APN: 41-0131-039-00-00