NOT LISTED FOR SALE

2408 Covington Dr Myrtle Beach, SC 29579

Estimated Value: $480,000 - $598,000

5 Beds
3 Baths
3,246 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $251,099 $77 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,991/month

121 Days on Market

Highlights

  • Contemporary Architecture
  • Carolina Forest Elementary School Rated A-
  • Formal Dining Room

About This Home

As of January 2016

Make an offer! REO PROPERTY - BANK OWNED. PROPERTY SOLD ‘AS IS’ WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE.

Last Agent to Sell the Property

Paul Arterbury

RealHome Services & Solutions License #86746 Listed on: 06/03/2015

Last Buyer's Agent

Melonie Flowers

Weichert Realtors Southern Coast License #91255

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 9,583

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,246 Sq Ft Home
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Carolina Forest Elementary School
  • Black Water Middle School
  • Carolina Forest High School

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Estimated Year Built: 2004
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 46
  • HOA Management Company: Covington Lake Property Owners Assoc 843-903-1079
  • Style: Contemporary
  • Type Of Parking: Attached 2-Car
  • Total Heated Sq Ft: 3246
  • Geo Subdivision: SC
  • Section Subdivision: Carolina Forest - Covington Lake
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Bedrooms: 5
  • Formal Dining: Yes
  • Full Bathrooms: 3
  • Total Sq Ft: 3246

Garage/Parking

  • Type: Detached

Lot Info

  • Zoning: Residentia

MLS Schools

  • Elementary School: Carolina Forest Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Black Water Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2025
Sold by
Bealand Jason
Bought by
Bealand Jason C and Bealand Kimberly K
Current Estimated Value
$543,133

Purchase Details

Listed on
Jun 3, 2015
Closed on
Dec 2, 2015
Sold by
Us Bank Na 2007-Sp3
Bought by
Bealand Jason and Bealand Kimberly
Seller's Agent
Paul Arterbury
RealHome Services & Solutions
Buyer's Agent
Melonie Flowers
Weichert Realtors Southern Coast
List Price
$295,800
Sold Price
$251,099
Premium/Discount to List
-$44,701
-15.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$231,609
Interest Rate
3.91%

Purchase Details

Closed on
Aug 20, 2015
Sold by
Patel Ajitkumar T and Patel Alka
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 8, 2004
Sold by
Finley Steven J
Bought by
Patel Ajitkumar T and Patel Alka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,450
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
Covington Lake Lp
Bought by
Finley Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bealand Jason C -- --
Bealand Jason $243,799 --
Us Bank Na $260,480 --
Patel Ajitkumar T $280,500 --
Finley Steven J $40,755 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bealand Jason $231,609
Previous Owner Patel Ajitkumar T $252,450
Previous Owner Finley Steven J $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $251,099 -15.1% $77 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $295,800 -- $91 / 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 $1,501 $23,256 $3,680 $19,576
2023 $1,501 $13,354 $1,922 $11,432
2021 $1,352 $13,354 $1,922 $11,432
2020 $1,206 $13,354 $1,922 $11,432
2019 $1,206 $13,354 $1,922 $11,432
2018 $0 $11,840 $1,320 $10,520
2017 $1,090 $11,840 $1,320 $10,520
2016 -- $11,840 $1,320 $10,520
2015 $1,090 $17,760 $1,980 $15,780
2014 $1,005 $11,840 $1,320 $10,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1511264

Coastal Carolinas Association of REALTORS®

APN: 39809020023