NOT LISTED FOR SALE

418 Megan Ann Ln Unit Lot 50 Myrtle Beach, SC 29579

Estimated Value: $475,000 - $553,000

4 Beds
2 Baths
2,051 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $505,000 $246 Per Sq Ft

Current estimated payment $3,425/month

32 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Living Room with Fireplace
  • Carolina Forest Elementary School Rated A-
  • Clubhouse
  • Traditional Architecture

About This Home

As of September 2023

BRAND NEW!! Custom white brick 4 bed 2 bath open concept floor plan that sits on a large private lot! All natural gas community with gas fireplace and gas range and tankless hot water heater. The home has engineered hardwood flooring throughout and tile in all the wet areas. Kitchen has white cabinets including beverage center, stainless steel appliances, granite countertops, glass tile backsplash, breakfast bar with pendant lighting. Master bedroom includes a walk-in closet with built ins, tray ceilings, an oversized master tile shower, his and her vanities with a make up a bar. Two additional bedrooms with full bathroom on the first level. Bonus room located on the second level above the spacious 2-car garage. This home also includes a gas line to the back patio ideal for outdoor kitchen living area and or fire pit! This home has plenty of space for entertaining family and friends. Located in a gated community in Carolina Forest known as Covington Lake East located near shopping, dining and entertainment and just a short drive to the beach. Neighborhood has a community pool! Easy access to grocery stories, post office & Hwy 501.

Last Agent to Sell the Property

The Davis Team

EXP Realty LLC Listed on: 07/21/2023

EXP Realty LLC

Last Buyer's Agent

Move South w/ An Team

INNOVATE Real Estate

INNOVATE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,140

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.27 Acre Lot
  • Property is zoned SF 8.5

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Four Sided Brick Exterior Elevation
  • Tile

Interior Spaces

  • 2,051 Sq Ft Home
  • 1.5-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio
  • Rear Porch

Schools

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

Utilities

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

Additional Features

  • No Carpet
  • Outside City Limits

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include electric common, pool service, common maint/repair

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,140

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$78 per month

Parking

4

Listing Details

  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Gated Community, Long Term Rental Allowed
  • Estimated Year Built: 2022
  • Class: Residential
  • Construction Status: Never Occupied
  • Floor Cover: Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 78
  • HOA Management Company: William Douglas (843) 492-0088
  • Home Warranty: Yes
  • Living Room Type: Fireplace, Ceiling Fan, Tray Ceiling
  • Lvt Date: 07/21/2023
  • Provider Company: Builder
  • Sold Total Heated Sq Ft: 2051
  • Sold Total Sq Ft: 2723
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 2051
  • Geo Subdivision: SC
  • Section Subdivision: Carolina Forest - Covington Lake East
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Interior Amenities: Wshr/Dryer Connection
  • Other Rooms: 1st Floor Bedrooms, Bonus Room
  • Primary Bathroom: Double Sink
  • Kitchen Type: Range, Dishwasher, Refrigerator, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet, Tray Ceiling
  • Bedrooms: 4
  • Dining Room Type: Tray Ceiling
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Levels: One And One Half
  • Total Sq Ft: 2723

Exterior Features

  • Exterior Features: Patio, Rear Porch
  • Exterior Finish: All Brick Home
  • Foundation: Slab
  • Number Of Acres: 0.27

Garage/Parking

  • Type: Detached

Utilities

  • Water Heater: Gas
  • Utilities Available: Electricity, Natural Gas, Sewer, Underground Utilities, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Pool Service, Common Maint/Repair

Schools

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

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: SF 8.5

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
Jul 21, 2023
Closed on
Sep 14, 2023
Sold by
Snt Holdings Llc
Bought by
Latimer Aaron and Julich Elizabeth
Seller's Agent
The Davis Team
EXP Realty LLC
Buyer's Agent
Move South w/ An Team
INNOVATE Real Estate
List Price
$515,000
Sold Price
$505,000
Premium/Discount to List
-$10,000
-1.94%
Total Days on Market
32
Views
35
Current Estimated Value
$504,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29
Avg. Annual Appreciation
-0.00%

Purchase Details

Closed on
Apr 21, 2006
Sold by
Covington Lake East Llc
Bought by
Lin Jian Yun and Chow Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Latimer Aaron $505,000 --
Lin Jian Yun $109,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Jian Yun $98,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $505,000 0.0% $246 / Sq Ft
09/19/2023 09/19/23 Sold $505,000 -1.9% $246 / Sq Ft
08/01/2023 08/01/23 Price Changed $514,900 0.0% $251 / Sq Ft
07/21/2023 07/21/23 For Sale $515,000 +2.0% $251 / Sq Ft
07/19/2023 07/19/23 Off Market $505,000 -- --
06/30/2023 06/30/23 Price Changed $515,000 -1.9% $251 / Sq Ft
03/13/2023 03/13/23 For Sale $525,000 +496.6% $256 / Sq Ft
04/22/2022 04/22/22 Sold $88,000 -7.4% --
03/15/2022 03/15/22 For Sale $95,000 -- --
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 $6,140 $3,500 $3,500 $0
2023 $6,140 $3,500 $3,500 $0
2021 $567 $3,500 $3,500 $0
2020 $538 $3,500 $3,500 $0
2019 $538 $3,500 $3,500 $0
2018 $488 $2,246 $2,246 $0
2017 $485 $2,246 $2,246 $0
2016 -- $2,246 $2,246 $0
2015 $485 $2,247 $2,247 $0
2014 $466 $2,247 $2,247 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2314441

Coastal Carolinas Association of REALTORS®

APN: 39816010011