NOT LISTED FOR SALE

249 Ocean Park Loop Georgetown, SC 29440

Estimated Value: $1,502,048 - $1,933,000

5 Beds
5 Baths
3,559 Sq Ft
$510/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $1,060,000 $298 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,523/month

3 Days on Market

Highlights

  • Golf Course Community
  • Private Beach
  • Clubhouse
  • Waccamaw Elementary School Rated A-
  • Gated Community
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

As of August 2020

Palmetto Place is in DeBordieu’s beloved Ocean Park community. It is just a short stroll to the beach. Enjoy two separate living areas, large porches with views, and storage underneath this raised home. Three different porches encourage outdoor living and enjoyment. The DeBordieu Beach Club is close by as well as the park for Ocean Park owners. An elevator services all floors. The home is being sold furnished, so it is move-in ready. This home is on the rental program.

Last Listed By

Perry Peace

Peace Sotheby's Intl Realty PI License #22582 Listed on: 06/23/2020

Peace Sotheby's Intl Realty PI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,631

Year Built

  • Built in 2007

Lot Details

  • 7,405 Sq Ft Lot
  • Private Beach
  • Rectangular Lot

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stilt Home
  • Wood Frame Construction

Interior Spaces

  • 3,559 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Open Floorplan
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Soaking Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Wood patio

Location

  • East of US 17
  • Outside City Limits

Schools

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

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,631

Year Built

Built in 2007

Lot Details

0

HOA Fees

$242 per month

Parking

4

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Tennis Court, Security, Seller Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Golf Cart, Owner Allowed Pet, Private Beach Comm Access
  • Estimated Year Built: 2007
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Wood
  • HOA Fee Frequency: Annually
  • Monthly HOA as Calculated: 242
  • HOA Management Company: DCCA 843.527.4436
  • Lvt Date: 06/23/2020
  • Sold Total Heated Sq Ft: 3559
  • Sold Total Sq Ft: 5061
  • Style: Raised Beach
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 3559
  • Geo Subdivision: SC
  • Section Subdivision: Debordieu Colony
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Interior Amenities: Washer/Dryer
  • Primary Bathroom: Shower, Tub
  • Kitchen Type: Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps., Work Island
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 5
  • Dining Room Type: Kit/Dr Combo, Lvr/Dr Combo
  • Full Bathrooms: 5
  • Levels: Three Or More
  • Total Sq Ft: 5061

Exterior Features

  • Exterior Finish: Wood Frame
  • Number Of Acres: 0.17

Garage/Parking

  • Type: Detached

Utilities

  • Utilities Available: Sewer, Water Public

Schools

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

Lot Info

  • Lot Location: Outside City Limits, East Of Bus 17, In Golf Course Community
  • Zoning: RES

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
Jun 23, 2020
Closed on
Aug 12, 2020
Sold by
Twg Holdings Llc
Bought by
Anderson John J and Anderson Margaret R
Seller's Agent
Perry Peace
Peace Sotheby's Intl Realty PI
Buyer's Agent
Christy Whitlock
ERA Wilder Realty Inc PI
List Price
$1,150,000
Sold Price
$1,060,000
Premium/Discount to List
-$90,000
-7.83%
Total Days on Market
3
Current Estimated Value
$1,815,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,012
Avg. Annual Appreciation
11.99%
Original Mortgage
$1,060,000
Outstanding Balance
$938,232
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$876,780

Purchase Details

Closed on
Sep 30, 2005
Sold by
Hamlin Bill K
Bought by
Tgw Holdings Llc

Purchase Details

Closed on
Sep 20, 2004
Sold by
Hamlin Bill K
Bought by
Hamlin Billy K and The Billy K Hamlin Revocable Trust

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
Anderson John J $1,060,000 None Available
Tgw Holdings Llc $985,000 --
Hamlin Billy K -- --
Hamlin Karen G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson John J $1,060,000
Previous Owner Tgw Holdings Llc $707,330
Previous Owner Tgw Holdings Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $1,060,000 -7.8% $298 / Sq Ft
06/23/2020 06/23/20 For Sale $1,150,000 -- $323 / 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 $14,631 $57,700 $21,000 $36,700
2023 $14,631 $57,700 $21,000 $36,700
2022 $13,569 $57,700 $21,000 $36,700
2021 $13,148 $0 $0 $0
2020 $13,131 $0 $0 $0
2019 $13,948 $0 $0 $0
2018 $14,009 $0 $0 $0
2017 $15,510 $0 $0 $0
2016 $15,414 $73,680 $0 $0
2015 $14,189 $0 $0 $0
2014 $14,189 $1,228,000 $750,000 $478,000
2012 -- $1,228,000 $750,000 $478,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2012676

Coastal Carolinas Association of REALTORS®

APN: 04-0190A-015-00-00