NOT LISTED FOR SALE

426 Megan Ann Ln Unit Covington Lake East, Myrtle Beach, SC 29579

Estimated Value: $501,956 - $565,000

4 Beds
2.5 Baths
2,392 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $430,000 $180 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,319/month

5 Days on Market

Highlights

  • Gated Community
  • Lake View
  • Vaulted Ceiling
  • Carolina Forest Elementary School Rated A-
  • Clubhouse
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

As of September 2021

This beautiful all brick home is located in Covington Lake East, a very desirable gated community in the Carolina Forest area of Myrtle Beach. This lovely home is situated on a meticulous landscaped lot, equipped with irrigation system that backs to a preserve wooded area and it has a wonderful water view of the pond in the front of the house . This immaculate home features many builder upgrades with 4 bedrooms and 2.5 bathrooms. Upgrades also include hardwood floors, granite kitchen counter tops ,tiled kitchen and bathroom floors and stainless steel appliances. The open-concept living room is with high cathedral ceilings ,beautiful trim work all around and big bright windows. The Master bedroom is located on the first floor with big walk-in closet, marble double sink vanity with tray ceilings and trim work on the walls. The bright living room leads to a formal dining room, breakfast nook and upgraded kitchen with island bar stools ,for all your entertaining. The home features a cozy screened in porch and spacious trim-coated sealant patio for all your entertaining and family BBQ gathering .The second floor features large bonus room ,two extra bedrooms with plenty of closet space and double sink vanity full bathroom. Covington Lake East is conveniently located to shopping and entertaining areas and within 9 miles from the sunny beaches on The Atlantic Ocean. Don't miss out to own this luxurious home in a small gated community . Schedule your showing today !

Last Agent to Sell the Property

Nora Rumbaugh

Realty ONE Group Dockside License #115323 Listed on: 08/03/2021

Realty ONE Group Dockside

Last Buyer's Agent

Jerry Pinkas Team

Jerry Pinkas R E Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,985

Year Built

  • Built in 2013

Lot Details

  • 10,454 Sq Ft Lot
  • Rectangular Lot

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,392 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Bonus Room
  • Screened Porch
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Linen Closet
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Electric Air Filter
  • Baseboard Heating
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Additional Features

  • Wood patio
  • Outside City Limits

Community Details

Overview

  • Association fees include pool service, manager, common maint/repair, recreation facilities, legal and accounting
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,985

Year Built

Built in 2013

Lot Details

0

HOA Fees

$51 per month

Parking

6

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 77 x 139 x 77 x 139
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool - Outdoor Community, Seller Disclosure, Gated Community, Long Term Rental Allowed, Owner Allowed Golf Cart, Owner Allowed Pet
  • Estimated Year Built: 2013
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Wood
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Baseboard, Central Air, Window/Wall Unit
  • Monthly HOA as Calculated: 51
  • HOA Management Company: Anita Pedraza 843-492-0088
  • Living Room Type: Vaulted/Cathedral Ceiling, Ceiling Fan
  • Lvt Date: 08/03/2021
  • Sold Total Heated Sq Ft: 2392
  • Sold Total Sq Ft: 2832
  • Style: Traditional
  • Type Of Parking: Attached 2-Car
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2392
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Interior Amenities: Garage Door Opener, Security System, Stairs To Attic, Smoke Detector, Washer/Dryer, Electric Air Filter, Split Bedroom Plan
  • Other Rooms: Foyer, Laundry/Utility, Screened Porch, Bonus Room
  • Primary Bathroom: Double Sink, Half Bath, Shower, Tub
  • Kitchen Type: Range, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Breakfast Bar, Pantry, Breakfast Nook, Ceiling Fan, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, 1st Flr Level, Walk-In Closet, Linen Closet, Tray Ceiling
  • Bedrooms: 4
  • Dining Room Type: Formal, Ceiling Fan
  • Formal Dining: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 2832

Exterior Features

  • Exterior Features: Patio, Front Porch, Lawn Well, Lawn Sprinkler
  • Exterior Finish: Brick Veneer
  • Foundation: Slab
  • Number Of Acres: 0.24

Garage/Parking

  • Type: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool Service, Manager, Common Maint/Repair, Recreation Facilities, Legal And Accounting

Schools

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

Lot Info

  • Lot Location: Outside City Limits, Lake/Pond View
  • Zoning: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 15, 2021
Sold by
Dechant Ivy M
Bought by
Fisher James H and Fisher Susan P
Seller's Agent
Nora Rumbaugh
Realty ONE Group Dockside
Buyer's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
List Price
$419,900
Sold Price
$430,000
Premium/Discount to List
$10,100
2.41%
Total Days on Market
5
Current Estimated Value
$521,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,739
Avg. Annual Appreciation
5.61%
Original Mortgage
$340,000
Outstanding Balance
$312,727
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$213,874

Purchase Details

Closed on
Mar 26, 2018
Sold by
Dechant Thomas R
Bought by
Dechant Ivy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2014
Sold by
Bill Clark Homes Of Myrtle Beach Llc
Bought by
Dechant Thomas R and Meninga Ivy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Brighton Construction Llc
Bought by
Crescent Bank

Purchase Details

Closed on
Apr 30, 2009
Sold by
Jackson Jeff
Bought by
Brighton Construction Llc

Purchase Details

Closed on
May 23, 2006
Sold by
Covington Lake East Llc
Bought by
Jackson Jeff and Brighton Construction Llc
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
Fisher James H $430,000 --
Dechant Ivy M -- --
Dechant Thomas R $268,500 --
Crescent Bank -- --
Brighton Construction Llc -- --
Jackson Jeff $106,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher James H $340,000
Previous Owner Dechant Ivy M $258,400
Previous Owner Dechant Thomas R $214,800
Closed Jackson Jeff $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $430,000 +2.4% $180 / Sq Ft
08/03/2021 08/03/21 For Sale $419,900 -- $176 / 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 $5,985 $14,804 $1,900 $12,904
2023 $5,985 $14,804 $1,900 $12,904
2021 $5,513 $22,207 $2,851 $19,356
2020 $1,158 $14,804 $1,900 $12,904
2019 $1,158 $14,804 $1,900 $12,904
2018 $875 $11,266 $1,210 $10,056
2017 $860 $11,266 $1,210 $10,056
2016 -- $11,266 $1,210 $10,056
2015 $3,624 $16,899 $1,815 $15,084
2014 -- $14,793 $1,815 $12,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2116989

Coastal Carolinas Association of REALTORS®

APN: 39816010009