NOT LISTED FOR SALE

2571 Lavender Ln Unit Lot 289 Myrtle Beach, SC 29579

Estimated Value: $155,000 - $1,029,000

0.3 Acre
$1,525,557 Price per Acre
13,068 Sq Ft Lot

Last Sold September 11, 2023

Last sale price $140,000

Est. 227% increase in value since last sale

Current estimated payment $2,819/month

33 Days on Market

Highlights

  • Lake On Lot
  • Gated Community
  • Community Pool
  • Ocean Bay Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Lot

As of September 2023

Great sized water front home site in the award winning Carolina Forest community of Waterbridge. This gated community offers two gated entrances, a large village-style clubhouse, and the largest residential swimming pool in South Carolina! With resort-style amenities such as, a 24 hour Fitness Center, tennis, pickleball, basketball, sand volleyball, and bocce ball courts. A 60 plus acre lake located in the heart of Waterbridge, perfect for kayaking, row boating, and canoeing complete with boat launch! This prime lot is ready for its new owner. Don't miss out, grab this lot today and build your dream home!!

Last Agent to Sell the Property

Jonathan Edmund

Wave Beach Realty, LLC License #87349 Listed on: 07/10/2023

Last Buyer's Agent

Mayfield Group

Realty ONE Group Dockside

Realty ONE Group Dockside

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,165

Lot Details

  • 0.3 Acre Lot
  • Irregular Lot

HOA Fees

  • $150 Monthly HOA Fees

Schools

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

Additional Features

  • Outside City Limits
  • Phone Available

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Lake On Lot

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,165

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Lot Description: Irregular
  • Four Sided Lot Measurement: 108'x201'x34'x175'
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Security, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: CAMS 910-256-2021
  • Lvt Date: 07/10/2023
  • Previous Tax Mapnumber: 164-33-01-208
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 150
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer, Phone, Tv Cable
  • Geo Subdivision: SC
  • Section Subdivision: Waterbridge
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.3

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

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

Lot Info

  • Lot Location: Outside City Limits, On Lake/Pond
  • Zoning: Res

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Sep 5, 2023
Sold by
Kasinathan Rengasamy
Bought by
Megliola Michael and Megliola Sheryl
Seller's Agent
Jonathan Edmund
Wave Beach Realty, LLC
Buyer's Agent
Mayfield Group
Realty ONE Group Dockside
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Views
59
Current Estimated Value
$457,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,667
Avg. Annual Appreciation
81.89%
Original Mortgage
$60,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2008
Sold by
South Carolina Coastal Development I Llc
Bought by
Kasinathan Rengasamy and Kasinathan Sumathi
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
Megliola Michael $140,000 --
Kasinathan Rengasamy $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megliola Michael $1,197,000
Closed Megliola Michael $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $140,000 0.0% --
09/11/2023 09/11/23 Off Market $140,000 -- --
08/01/2023 08/01/23 Price Changed $159,900 -3.1% --
07/10/2023 07/10/23 For Sale $165,000 -- --
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 $2,165 $10,680 $10,680 $0
2023 $2,165 $8,260 $8,260 $0
2021 $1,043 $8,260 $8,260 $0
2020 $998 $8,260 $8,260 $0
2019 $998 $8,260 $8,260 $0
2018 $902 $4,195 $4,195 $0
2017 $899 $4,195 $4,195 $0
2016 -- $4,195 $4,195 $0
2015 $899 $4,195 $4,195 $0
2014 $867 $4,195 $4,195 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2313586

Coastal Carolinas Association of REALTORS®

APN: 39706010022