T
Seller's Agent in 2023
The Davis Team
EXP Realty LLC
(843) 421-5483
23 in this area
288 Total Sales
418 Megan Ann Ln Unit Lot 50 Myrtle Beach, SC 29579
0.27
Acre
$325,926
Price per Acre
11,761
Sq Ft Lot
Highlights
- Gated Community
- Clubhouse
- Rectangular Lot
- Carolina Forest Elementary School Rated A-
- Community Pool
About This Lot
As of September 2023This amazing Carolina Forest residential lot has over a quarter of an acre located inside a gated community. Build your dream home in this prestigious Covington Lakes East community. There is no timetable to build, and you can bring your own builder. All houses have to have at least 1800 heated square feet, with a minimum two car garage, and exterior must be either brick, stucco, or stone. The neighborhood is conveniently located just 2 miles from all the shopping of Carolina Forest and Hwy.501. Amenities includes the community pool, a covered pavilion and playground. It is just a short drive away from many golf courses in the area: The Legends, Burning Ridge, Man-of-War, Wild Wings, River Oaks and the famous World Tours. Please call for more information. Measurements are approximate and not guaranteed. Buyer responsible for verification.
Last Agent to Sell the Property
CB Sea Coast Commercial License #86541 Listed on: 03/15/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,140
Lot Details
- 0.27 Acre Lot
- Rectangular Lot
- Property is zoned SF 8.5
HOA Fees
- $65 Monthly HOA Fees
Schools
- Carolina Forest Elementary School
- Ocean Bay Middle School
- Carolina Forest High School
Utilities
- Phone Available
Community Details
Recreation
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Sep 14, 2023
Sold by
Snt Holdings Llc
Bought by
Latimer Aaron and Julich Elizabeth
Seller's Agent
The Davis Team
EXP Realty LLC
Buyer's Agent
Move South w/ An Team
INNOVATE Real Estate
List Price
$515,000
Sold Price
$505,000
Premium/Discount to List
-$10,000
-1.94%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,078
Avg. Annual Appreciation
2.92%
Purchase Details
Closed on
Apr 21, 2006
Sold by
Covington Lake East Llc
Bought by
Lin Jian Yun and Chow Yan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $505,000 | -- | |
| Warranty Deed | $109,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $98,900 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2023 09/19/23 | Sold | $505,000 | 0.0% | $246 / Sq Ft |
| 09/19/2023 09/19/23 | Sold | $505,000 | -1.9% | $246 / Sq Ft |
| 08/01/2023 08/01/23 | Price Changed | $514,900 | 0.0% | $251 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $515,000 | +2.0% | $251 / Sq Ft |
| 07/19/2023 07/19/23 | Off Market | $505,000 | -- | -- |
| 06/30/2023 06/30/23 | Price Changed | $515,000 | -1.9% | $251 / Sq Ft |
| 03/13/2023 03/13/23 | For Sale | $525,000 | +496.6% | $256 / Sq Ft |
| 04/22/2022 04/22/22 | Sold | $88,000 | -7.4% | -- |
| 03/15/2022 03/15/22 | For Sale | $95,000 | -- | -- |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $6,140 | $20,064 | $4,045 | $16,019 |
| 2023 | $6,140 | $3,500 | $3,500 | $0 |
| 2021 | $567 | $3,500 | $3,500 | $0 |
| 2020 | $538 | $3,500 | $3,500 | $0 |
| 2019 | $538 | $3,500 | $3,500 | $0 |
| 2018 | $488 | $2,246 | $2,246 | $0 |
| 2017 | $485 | $2,246 | $2,246 | $0 |
| 2016 | -- | $2,246 | $2,246 | $0 |
| 2015 | $485 | $2,247 | $2,247 | $0 |
| 2014 | $466 | $2,247 | $2,247 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
The Davis Team
-
Move South w/ An Team
M
Buyer's Agent in 2023
Move South w/ An Team
INNOVATE Real Estate
(843) 839-1649
11 in this area
147 Total Sales
-
Lui Cheng
Seller's Agent in 2022
Lui Cheng
CB Sea Coast Commercial
(843) 602-2155
8 in this area
105 Total Sales
-
Spencer Davis
S
Buyer's Agent in 2022
Spencer Davis
EXP Realty LLC
(843) 421-5483
7 in this area
51 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2205358
APN: 39816010011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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