NOT LISTED FOR SALE

5023 Hagood Ln Unit Lot 242 Myrtle Beach, SC 29588

Burgess Neighborhood

Estimated Value: $199,000 - $324,000

0.74 Acre
$377,027 Price per Acre
32,234 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $189,900

Est. 47% increase in value since last sale

Current estimated payment $1,787/month

232 Days on Market

Highlights

  • Lake On Lot
  • Gated Community
  • Clubhouse
  • St. James Elementary School Rated A
  • 0.74 Acre Lot
  • Wooded Lot

About This Lot

As of June 2023

Welcome to the prestigious community of Cypress River Plantation! This is a gated upscale community located along the Intracoastal Waterway with access to the Waccamaw River! This 0.74 acre lot is located on a cul-de-sac with a beautiful view of the lake! Residents enjoy resort like amenities such as a large outdoor pool with grilling stations, tennis courts, basketball court, private day docks, private boat ramp, boat/RV storage and more! This is truly a one-of-a-kind neighborhood that blends the feel of a resort with nature. This lot is one of the few left that is located conveniently close to all of the amenities! There is no time frame to build and you're able to bring your own custom home builder! Located in the highly sought-after St. James School District! Schedule your showing today! HOA information has been provided to the best of our ability. All information should be verified and approved by the buyer. Acreage is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Darren Woodard Team

INNOVATE Real Estate Listed on: 09/29/2022

INNOVATE Real Estate

Co-Listed By

Courtney Patterson

INNOVATE Real Estate License #84836

Last Buyer's Agent

Becky Swartz

RE/MAX Executive License #107579

RE/MAX Executive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $867

Lot Details

  • 0.74 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $160 Monthly HOA Fees

Location

  • Outside City Limits

Schools

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

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Lake On Lot

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$867

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Lot Description: Cul-De-Sac, Wooded
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Security, Sellers Disclosure, 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: Waccamaw Management (843) 903-9551
  • Lvt Date: 09/29/2022
  • Estimated Lot Size: .5-1 Acres
  • Monthly HOA Calculated: 160
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer, Underground
  • Geo Subdivision: SC
  • Section Subdivision: CYPRESS RIVER PLANTATION
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.74

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 Lake/Pond, In Icw Community
  • 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

Listed on
Sep 29, 2022
Closed on
Jun 13, 2023
Sold by
Nappi Joseph R
Bought by
Slaiman Frank John and Slaiman Nancy Jean
Seller's Agent
Darren Woodard Team
INNOVATE Real Estate
Buyer's Agent
Becky Swartz
RE/MAX Executive
List Price
$237,000
Sold Price
$189,900
Premium/Discount to List
-$47,100
-19.87%
Views
103
Current Estimated Value
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,100
Avg. Annual Appreciation
21.09%
Original Mortgage
$650,000
Outstanding Balance
$636,028
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$357,028

Purchase Details

Closed on
Oct 10, 2005
Sold by
Enterprise Road Development Llc
Bought by
Nappi Joseph R and Nappi Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,710
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Slaiman Frank John $189,900 --
Nappi Joseph R $191,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaiman Frank John $650,000
Previous Owner Nappi Joseph R $172,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $189,900 -5.0% --
04/03/2023 04/03/23 Price Changed $199,900 -6.6% --
11/06/2022 11/06/22 Price Changed $214,000 -9.7% --
09/29/2022 09/29/22 For Sale $237,000 -- --
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 $867 $4,640 $4,640 $0
2023 $867 $4,640 $4,640 $0
2021 $928 $4,640 $4,640 $0
2020 $887 $4,640 $4,640 $0
2019 $887 $4,640 $4,640 $0
2018 $800 $3,723 $3,723 $0
2017 $797 $3,723 $3,723 $0
2016 -- $3,723 $3,723 $0
2015 $804 $3,723 $3,723 $0
2014 $779 $3,723 $3,723 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2221880

Coastal Carolinas Association of REALTORS®

APN: 45011040028