NOT LISTED FOR SALE

986 Henry James Dr Unit 117 Magnolia I Myrtle Beach, SC 29579

Estimated Value: $546,000 - $570,673

3 Beds
2.5 Baths
2,521 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $324,000 $129 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,133/month

45 Days on Market

Highlights

  • Newly Remodeled
  • Ranch Style House
  • Formal Dining Room
  • Carolina Forest Elementary School Rated A-

About This Home

As of August 2016

Covington Lake East is located in the Carolina Forest area of Myrtle Beach. The homes within this gated community are luxurious single-family homes with spacious yards. Optional third car garages available. Covington Lake East is a natural gas community that is convenient to shopping, restaurants, medical facilities and is minutes to the beach. For those families seeking a community in a quiet setting while still in close proximity to excellent schools, beaches, shopping, golf courses and more, Covington Lake East is the place for you! The Magnolia is a popular home with 3 bedrooms, 2 bathroom, 2 car garage. The Magnolia plan offers a spacious family room that is open to the kitchen which includes a walk-in pantry. The master bedroom features his and her walk-in closets and the master bath has a beautifully tiled walk-in shower and tub surround. Standard Features include - hardwood flooring in the foyer, dining room and kitchen; tile floors in baths and laundry room; granite in the kitchen with upgraded 42” cabinets, stainless steel kitchen appliances including a gas range and side by side refrigerator. **Photos and virtual tour are of a similar home in another community.

Last Agent to Sell the Property

Damon Kramer

Lennar Carolinas LLC License #16756 Listed on: 07/02/2016

Lennar Carolinas LLC

Last Buyer's Agent

Damon Kramer

Lennar Carolinas LLC License #16756 Listed on: 07/02/2016

Lennar Carolinas LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.3

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 2,521 Sq Ft Home
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • No Carpet

Schools

  • Carolina Forest Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$51 per month

Parking

6

Listing Details

  • Estimated Year Built: 2016
  • Class: Residential
  • Construction Status: Never Occupied
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 51
  • HOA Management Company: Covington Lake East 843 839 4100
  • Home Warranty: Yes
  • Lvt Date: 07/02/2016
  • Sold Total Heated Sq Ft: 2521
  • Sold Total Sq Ft: 3104
  • Style: Ranch
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2521
  • Geo Subdivision: SC
  • Section Subdivision: Carolina Forest - Covington Lake East
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Bedrooms: 3
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Sq Ft: 3104

Garage/Parking

  • Type: Detached

Schools

  • Elementary School: Carolina Forest Elementary School
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Zoning: Res

MLS Schools

  • Elementary School: Carolina Forest Elementary School
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
Patel Rajiv Ajit
Bought by
Patel Ajitkumar T and Patel Alka Ajitkumar
Current Estimated Value
$559,668

Purchase Details

Closed on
May 26, 2020
Sold by
Pearson Larry
Bought by
Patel Monish Ajit and Patel Rajiv Ajit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2016
Closed on
Aug 26, 2016
Sold by
Lennar Carolinas Llc
Bought by
Pearson Larry and Pearson Cheryl
Seller's Agent
Damon Kramer
Lennar Carolinas LLC
Buyer's Agent
Damon Kramer
Lennar Carolinas LLC
List Price
$322,440
Sold Price
$324,000
Premium/Discount to List
$1,560
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Dec 3, 2014
Sold by
Covington Lake East Llc
Bought by
Lennar Carolinas Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Covington Lake East Llc
Bought by
Fdc Llc
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
Patel Ajitkumar T $64,670 --
Patel Monish Ajit $330,000 --
Pearson Larry $324,000 --
Lennar Carolinas Llc $1,350,000 --
Fdc Llc $3,135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Monish Ajit $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $324,000 +0.5% $129 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
07/02/2016 07/02/16 For Sale $322,440 -- $128 / 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 $1,506 $22,078 $4,068 $18,010
2023 $1,506 $13,398 $2,534 $10,864
2021 $1,357 $13,398 $2,534 $10,864
2020 $4,167 $13,398 $2,534 $10,864
2019 $1,166 $25,552 $3,802 $21,750
2018 $0 $12,944 $2,424 $10,520
2017 $4,137 $12,944 $2,424 $10,520
2016 -- $1,784 $1,784 $0
2015 $576 $2,676 $2,676 $0
2014 $105 $2,436 $2,436 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Damon Kramer

    Lennar Carolinas LLC

    (843) 790-2396

    3 in this area

    279 Total Sales

    Damon Kramer
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1613673

Coastal Carolinas Association of REALTORS®

APN: 41801010030

South Carolina Horry County Myrtle Beach 29579

986 Henry James Dr Unit 117 Magnolia I, Myrtle Beach, SC

This home is located at 986 Henry James Dr Unit 117 Magnolia I, Myrtle Beach, SC 29579 since 02 July 2016 and is currently estimated at $559,668, approximately $222 per square foot. This property was built in 2016. 986 Henry James Dr Unit 117 Magnolia I is a home located in Horry County with nearby schools including Carolina Forest Elementary School, Ten Oaks Middle, and Carolina Forest High School.

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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