NOT LISTED FOR SALE

506 Fernwood Rd Unit Waterfront with dock Murrells Inlet, SC 29576

Estimated Value: $539,000 - $668,392

0.43 Acre
$1,413,019 Price per Acre
18,731 Sq Ft Lot

Last Sold April 20, 2021

Last sale price $345,000

Est. 76% increase in value since last sale

Current estimated payment $3,898/month

137 Days on Market

Highlights

  • 0.43 Acre Lot
  • Property fronts a channel
  • Wooded Lot
  • Seaside Elementary Rated A-
  • Creek On Lot
  • Corner Lot

About This Lot

As of April 2021

Perfect opportunity to own a large homesite with a private dock in place! Almost a half acre with magnificent old oaks in a well established community with large home sites, water access and voluntary HOA. Custom built homes, deep water access, very well maintained neighborhood allowing boats, , motorcycles and golf carts. Sloping down to the dock and waterfront, this lot sits high and is ready to build on. Boat to the inlet marshwalk restaurants, enjoy inlet fishing or take a trip across the inlet to the jetties and out into the ocean for your fishing enjoyment. Convenient access to shopping, schools, golf courses, medical facilities and entertainment. If boating and a natural setting appeal to you check this out today!!

Last Agent to Sell the Property

Shine Team

INNOVATE Real Estate Listed on: 11/03/2020

INNOVATE Real Estate

Last Buyer's Agent

Fleurette Elliott

RE/MAX Executive License #9257

RE/MAX Executive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,001

Year Built

  • 1998

Lot Details

  • 0.43 Acre Lot
  • Property fronts a channel
  • Corner Lot
  • Irregular Lot
  • Wooded Lot
  • Property is zoned SF

Location

  • East of US 17
  • Outside City Limits

Utilities

  • Phone Available

Community Details

Overview

  • Voluntary home owners association
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Creek On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$6,001

Year Built

1998

Lot Details

0

Listing Details

  • Lot Description: Irregular, Corner, Wooded
  • Improvements: Boat Dock
  • Four Sided Lot Measurement: 164x241x65x180
  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Voluntary Hoa
  • Lvt Date: 11/04/2020
  • Estm Road Frontage: 164'
  • Estimated Lot Size: Less Than 1/2 Acre
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer, Phone, Tv Cable, Utilities
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1998

Exterior Features

  • Number Of Acres: 0.43

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Schools

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

Lot Info

  • Lot Location: Outside City Limits, East Of Business 17, On Inlet/Creek, On Channel, East Of Highway 17 Bypass
  • Zoning: SF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Apr 19, 2021
Sold by
Terrill S
Bought by
Cossentino Maria N and Dick Kyle James
Seller's Agent
Shine Team
INNOVATE Real Estate
Buyer's Agent
Fleurette Elliott
RE/MAX Executive
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%
Total Days on Market
137
Current Estimated Value
$607,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,598
Avg. Annual Appreciation
14.65%
Original Mortgage
$258,750
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2016
Sold by
Len J
Bought by
Terrill S

Purchase Details

Closed on
Jun 21, 2000
Sold by
Jackson Sarah P
Bought by
Senior Len J and Senior Terrill S
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
Cossentino Maria N $345,000 --
Terrill S -- --
Senior Len J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dick Kyle James $800,000
Closed Cossentino Maria N $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $345,000 -4.1% --
11/03/2020 11/03/20 For Sale $359,900 -- --
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 $6,001 $17,948 $17,410 $538
2023 $6,001 $17,948 $17,410 $538
2021 $5,168 $22,008 $21,396 $612
2020 $4,111 $22,008 $21,396 $612
2019 $4,111 $22,008 $21,396 $612
2018 $0 $15,607 $15,139 $468
2017 -- $15,607 $15,139 $468
2016 -- $15,607 $15,139 $468
2015 $3,323 $15,608 $15,140 $468
2014 $3,148 $15,608 $15,140 $468
Source: Public Records

Agents Affiliated with this Home

  • Shine Team

    Seller's Agent in 2021

    Shine Team

    INNOVATE Real Estate

    (843) 855-9961

    4 in this area

    112 Total Sales

    Shine Team
    Section Image
  • Fleurette Elliott

    Buyer's Agent in 2021

    Fleurette Elliott

    RE/MAX

    (843) 450-7546

    2 in this area

    52 Total Sales

    Fleurette Elliott
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2023458

Coastal Carolinas Association of REALTORS®

APN: 46905030025

South Carolina Horry County Murrells Inlet 29576

506 Fernwood Rd Unit Waterfront with dock, Murrells Inlet, SC

This home is located at 506 Fernwood Rd Unit Waterfront with dock, Murrells Inlet, SC 29576 since 03 November 2020 and is currently estimated at $607,598. This property was built in 1998. 506 Fernwood Rd Unit Waterfront with dock is a home located in Horry County with nearby schools including Seaside Elementary, St. James Middle School, and St. James Intermediate.

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.

Coastal Carolinas Association of REALTORS® 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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