NOT LISTED FOR SALE

410 Megan Ann Ln Unit 48 Crepe Myrtle I Myrtle Beach, SC 29579

Estimated Value: $487,000 - $552,000

3 Beds
3.5 Baths
2,151 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $270,000 $126 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,841/month

61 Days on Market

Highlights

  • Newly Remodeled
  • Contemporary Architecture
  • Formal Dining Room
  • Carolina Forest Elementary School Rated A-

About This Home

As of February 2017

Stunning home on private homesite ready for move-in. Home backs to secluded, wooded area creating an urban oasis in the heart of Carolina Forest! 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. 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 Crepe Myrtle is a popular home with 3 bedrooms, 3 bathrooms, lanai and 2 car garage. The Crepe Myrtle plan offers a spacious family room that is open to the kitchen which includes a large pantry. The master bedroom features a large walk-in closet and the master bath has a beautifully tiled walk-in shower and tub surround. The upstairs bonus room has a full bath and closet so it can be used as a guest suite or second family room. 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. This Crepe Myrtle on homesite #48 also includes a gas fireplace, granite countertops in the bathrooms, hardwood flooring in the family room **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: 12/01/2016

Lennar Carolinas LLC

Last Buyer's Agent

Darren Woodard

INNOVATE Real Estate License #47001

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.37

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,151 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

$1,402

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$41 per month

Parking

4

Listing Details

  • Estimated Year Built: 2016
  • Class: Residential
  • Construction Status: Never Occupied
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 41
  • HOA Management Company: Covington Lake East 843 839 4100
  • Home Warranty: Yes
  • Lvt Date: 07/02/2016
  • Sold Total Heated Sq Ft: 2151
  • Sold Total Sq Ft: 2772
  • Style: Contemporary
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2151
  • 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: 3
  • Half Bathrooms: 1
  • Total Sq Ft: 2772

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

Listed on
Dec 1, 2016
Closed on
Feb 24, 2017
Sold by
Lennar Carolinas Llc A Delaware Limite
Bought by
Banjade Debendra and Pandey Sangita
Seller's Agent
Damon Kramer
Lennar Carolinas LLC
Buyer's Agent
Darren Woodard
INNOVATE Real Estate
List Price
$313,615
Sold Price
$270,000
Premium/Discount to List
-$43,615
-13.91%
Current Estimated Value
$508,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,035
Avg. Annual Appreciation
7.48%
Original Mortgage
$216,000
Outstanding Balance
$111,564
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$389,874

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
Banjade Debendra $270,000 None Available
Lennar Carolinas Llc $1,350,000 --
Fdc Llc $3,135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banjade Debendra $216,000
Closed Banjade Debendra $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $270,000 -13.9% $126 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $313,615 -- $146 / 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 $1,402 $18,929 $4,188 $14,741
2023 $1,402 $12,418 $2,379 $10,039
2021 $1,264 $15,220 $2,632 $12,588
2020 $1,125 $15,220 $2,632 $12,588
2019 $1,125 $15,220 $2,632 $12,588
2018 $1,012 $10,798 $2,066 $8,732
2017 $3,724 $10,798 $2,066 $8,732
2016 -- $2,739 $2,739 $0
2015 $589 $2,739 $2,739 $0
2014 $109 $2,499 $2,499 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1613672

Coastal Carolinas Association of REALTORS®

APN: 39816010013