NOT LISTED FOR SALE

805 Covelo Ln Unit Arrowhead Grande Lot Myrtle Beach, SC 29579

Estimated Value: $420,000 - $462,000

3 Beds
3 Baths
2,005 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $399,000 $199 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,565/month

327 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Main Floor Primary Bedroom
  • River Oaks Elementary School Rated A
  • Vaulted Ceiling
  • Mediterranean Architecture

About This Home

As of April 2024

Home features a large open floor plan with cathedral ceilings in the foyer and great room. Gourmet kitchen with serving bar. Granite countertops in kitchen and baths. Upstairs features a bonus room which could be used as a 4th BR/Loft area and a full bathroom. Also, a Carolina Room and grill patio. Beautiful custom Mediterranean-style home with stucco exterior and stone accent. Much attention to detail featuring custom moldings and upgrades throughout. Enjoy a lifestyle where you LIVE on vacation! Great location with community access to the Intracoastal Waterway, a few minutes drive to the Atlantic Ocean, and easy access to grocery stores, schools, and hospitals. With numerous golf courses, world-class live entertainment, sensational restaurants and spectacular shopping, Arrowhead Grand could be your perfect home or beach getaway. Attached floor plan may contain modifications. Square footages are approximate and not guaranteed. Buyer responsible for verification.

Last Agent to Sell the Property

Carol Cassidy

Keller Williams Innovate South License #5699 Listed on: 04/03/2023

Keller Williams Innovate South

Last Buyer's Agent

Boyd Team

INNOVATE Real Estate

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,534 Sq Ft Lot
  • Rectangular Lot

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,005 Sq Ft Home
  • 1.5-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Outdoor Features

  • Patio

Location

  • Flood Zone Lot
  • Outside City Limits

Schools

  • River Oaks Elementary School
  • Ten Oaks Middle School
  • Carolina Forest High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, manager, common maint/repair, legal and accounting
  • Intracoastal Waterway Community

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$155 per month

Parking

4

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Pool - Outdoor Community, Seller Disclosure, Gated Community, Long Term Rental Allowed
  • Estimated Year Built: 2023
  • Class: Residential
  • Construction Status: Never Occupied
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 155
  • HOA Management Company: CAMS 877-672-2267
  • Living Room Type: Vaulted/Cathedral Ceiling
  • Lvt Date: 04/03/2023
  • Sold Total Heated Sq Ft: 2005
  • Sold Total Sq Ft: 2479
  • Style: Mediterranean
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2005
  • Geo Subdivision: SC
  • Section Subdivision: Arrowhead Grande
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Interior Amenities: Garage Door Opener, Smoke Detector, Wshr/Dryer Connection, Split Bedroom Plan
  • Other Rooms: Carolina Room, 1st Floor Bedrooms, 1st Floor Baths, Bonus Room
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Microwave, Breakfast Bar, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet, Tray Ceiling
  • Bedrooms: 3
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 3
  • Levels: One And One Half
  • Total Sq Ft: 2479

Exterior Features

  • Exterior Features: Patio, Lawn Sprinkler
  • Exterior Finish: Stucco
  • Foundation: Slab
  • Number Of Acres: 0.15

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Water Public, Sewer, Cable Tv, Underground Utilities, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Pool Service, Manager, Common Maint/Repair, Legal And Accounting

Schools

  • Elementary School: River Oaks Elementary
  • Middle School: Ten Oaks Middle
  • High School: Carolina Forest High School

Lot Info

  • Lot Location: Outside City Limits, In Icw Community
  • Zoning: Res

MLS Schools

  • Elementary School: River Oaks Elementary
  • HighSchool: Carolina Forest High School
  • Middle School: Ten Oaks Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Mar 27, 2024
Sold by
Johnson & Wellons Llc
Bought by
Ciavarro Domenic J
Seller's Agent
Carol Cassidy
Keller Williams Innovate South
Buyer's Agent
Boyd Team
INNOVATE Real Estate
List Price
$507,000
Sold Price
$399,000
Premium/Discount to List
-$108,000
-21.3%
Views
238
Current Estimated Value
$433,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,159
Avg. Annual Appreciation
5.55%

Purchase Details

Closed on
May 21, 2019
Sold by
J & B Homes Llc
Bought by
J & B Real Estate Holings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2018
Sold by
Arrowhead Grande Ii Llc Et
Bought by
J
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
Ciavarro Domenic J $399,000 --
J & B Real Estate Holings Llc $315,000 --
J $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J & B Real Estate Holings Llc $225,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Sold $399,000 -0.2% $199 / Sq Ft
01/24/2024 01/24/24 Price Changed $399,900 -4.8% $199 / Sq Ft
11/17/2023 11/17/23 Price Changed $419,900 -2.3% $209 / Sq Ft
10/31/2023 10/31/23 Price Changed $429,900 -2.3% $214 / Sq Ft
08/28/2023 08/28/23 Price Changed $439,900 -1.1% $219 / Sq Ft
07/18/2023 07/18/23 Price Changed $444,900 -3.3% $222 / Sq Ft
06/02/2023 06/02/23 Price Changed $459,900 -7.1% $229 / Sq Ft
05/23/2023 05/23/23 Price Changed $495,000 -0.8% $247 / Sq Ft
04/05/2023 04/05/23 Price Changed $499,000 -1.6% $249 / Sq Ft
04/03/2023 04/03/23 For Sale $507,000 -- $253 / Sq Ft
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 $1,248 $16,478 $6,900 $9,578
2023 $1,248 $2,339 $2,339 $0
2021 $516 $4,093 $4,093 $0
2020 $489 $4,093 $4,093 $0
2019 $489 $4,093 $4,093 $0
2018 $468 $3,785 $3,785 $0
2017 $83 $2,163 $2,163 $0
2016 -- $2,163 $2,163 $0
2015 $83 $2,163 $2,163 $0
2014 $14 $2,163 $2,163 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2306237

Coastal Carolinas Association of REALTORS®

APN: 42616040053