NOT LISTED FOR SALE

388 Chamberlin Rd Unit Lot 507 Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $1,054,000 - $1,455,000

1.63 Acres
$777,564 Price per Acre
71,003 Sq Ft Lot

Last Sold August 15, 2017

Last sale price $135,000

Est. 839% increase in value since last sale

Current estimated payment $7,258/month

650 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Gated Community
  • Clubhouse
  • St. James Elementary School Rated A
  • 1.63 Acre Lot
  • Stream or River on Lot

About This Lot

As of August 2017

The lowest priced direct ICW lot over an acre in all of Horry County! Don't miss this opportunity to own the most amazing Intracoastal Waterway lot in all of Myrtle Beach! Cypress River Plantation truly is one of Myrtle Beach's hidden jewels! Lot 507 is 1.63 acres on Chamberlin Rd which is directly on the ICW! There are wetlands between the homesite and the waterway which provides great privacy. The lot has an extensive dock and boat ramp already in place! The survey has already been completed so it's ready for construction! This prestigious community has wonderful amenities such as a 24-hour manned security gate, pool, tennis courts, basketball courts, playground, fitness center, boat/rv storage, private boat landing, day docks, and clubhouse. Cypress River is not the typical clear cut residential neighborhood....all trees are saved except those required to be removed to construct your dream home! Choose your own builder and take your time as there is no time frame to build! All of this within minutes from golf, shopping, restaurants, and of course the beautiful beaches of the Atlantic Ocean! Centrally located near Market Common, Huntington Beach State Park, Brookgreen Gardens, Broadway at the Beach, and so much more! If you have never been in Cypress River Plantation, call today for a tour! You won't have to look for a home site any further! Bring your golf cart as the neighborhood is adjacent to Heron Point Golf Club. Hop on your boat and sail anywhere up and down the Intracoastal Waterway and Waccamaw River! Set a few chairs out on your private dock and enjoy amazing sunsets nightly on one of the widest parts of the waterway!

Last Agent to Sell the Property

Shelley Pettijohn

Weichert Realtors Southern Coast License #76317 Listed on: 09/05/2015

Weichert Realtors Southern Coast

Last Buyer's Agent

Matthew Holland

CB Sea Coast Advantage CF License #96613

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,148

Lot Details

  • 1.63 Acre Lot
  • Property fronts an intracoastal waterway
  • Irregular Lot
  • Wooded Lot
  • Marsh on Lot

HOA Fees

  • $135 Monthly HOA Fees

Schools

  • Saint James Elementary School
  • Saint James Middle School
  • Saint James High School

Additional Features

  • Outside City Limits
  • Timber
  • Phone Available

Community Details

Overview

  • Intracoastal Waterway Community

Recreation

  • Tennis Courts
  • Community Pool
  • Stream or River on Lot

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,148

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Lot Description: Irregular, Wooded
  • Improvements: Boat Dock, Boat Ramp
  • Four Sided Lot Measurement: 124x572x151x320x279
  • 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
  • Class: Land
  • HOA Fee Frequency: Monthly
  • HOA Management Company: Waccamaw Mgmt 843-903-9551
  • Estm Road Frontage: 124
  • Previous Tax Mapnumber: 184-30-01-067
  • Additional Information: Timber
  • Estimated Lot Size: 1-2 Acres
  • Monthly HOA Calculated: 135
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Phone, Sewer, Tv Cable, Underground, Utilities, Water
  • Geo Subdivision: SC
  • Section Subdivision: CYPRESS RIVER PLANTATION
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 1.63

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Saint James Elementary School
  • Middle School: Saint James Middle School
  • High School: Saint James High School

Lot Info

  • Lot Location: Outside City Limits, On Icw, In Icw Community, On Marsh/Wetlands, River
  • Zoning: res

MLS Schools

  • Elementary School: Saint James Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Bayles Robert T
Bought by
Chrisman Olga M and Chrisman Robert
Current Estimated Value
$1,267,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Outstanding Balance
$1,209,114
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$58,315

Purchase Details

Listed on
Sep 5, 2015
Closed on
Aug 14, 2017
Sold by
Buckenmeyer Janet A
Bought by
Bayles Robert T
Seller's Agent
Shelley Pettijohn
Weichert Realtors Southern Coast
Buyer's Agent
Matthew Holland
CB Sea Coast Advantage CF
List Price
$189,000
Sold Price
$135,000
Premium/Discount to List
-$54,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.76%
Original Mortgage
$500,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2013
Sold by
Master In Equity Horry County
Bought by
First Community Bank

Purchase Details

Closed on
Jul 29, 2008
Sold by
Enterprise Road Development Llc
Bought by
Callihan James T
Source: Public Records

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
Chrisman Olga M $1,275,000 --
Bayles Robert T $135,000 --
First Community Bank $150,000 --
Callihan James T $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chrisman Olga M $1,275,000
Previous Owner Bayles Robert T $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $135,000 -28.6% --
06/16/2017 06/16/17 Pending -- -- --
09/05/2015 09/05/15 For Sale $189,000 -- --
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 $5,148 $55,035 $21,541 $33,494
2023 $5,148 $26,859 $6,055 $20,804
2021 $2,630 $29,640 $8,836 $20,804
2020 $2,381 $29,640 $8,836 $20,804
2019 $8,279 $44,461 $13,255 $31,206
2018 $1,689 $7,898 $7,898 $0
2017 $1,414 $6,602 $6,602 $0
2016 -- $6,602 $6,602 $0
2015 $1,426 $6,603 $6,603 $0
2014 $1,959 $9,399 $9,399 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1517941

Coastal Carolinas Association of REALTORS®

APN: 45006010008