4812 Magnolia Lake Dr Unit 301 Myrtle Beach, SC 29577
Myrtlewood NeighborhoodEstimated Value: $293,000 - $318,000
3
Beds
2
Baths
1,370
Sq Ft
$410/mo
HOA Fee
Highlights
- Private Pool
- Clubhouse
- Main Floor Primary Bedroom
- Lake View
- Vaulted Ceiling
- End Unit
About This Home
As of March 2024New to market! Not to be missed fully renovated condo with no expense spared. Ready to move in condo - enjoy the extraordinary living space to accomodate you or your rental guests. Enjoy the tranquil lake views from this spacious, impressively updated, 3 bedroom, 2 bath condo located in Magnolia Pointe, adjacent to Myrtlewood Golf Course, just minutes away from some of the best beach locations in Myrtle Beach. This condo comes with a private garage directly across from the building - a rarity for this development! Nice views from the enclosed balcony and from the windows in the bay which extends out from the living room/dining area. The owner has completed numerous upgrades since 2021. Fully remodeled kitchen with granite counters and new stainless steel appliances, including a glass top range with a convection oven and a French door Samsung refrigerator. New solid wood cabinets in kitchen and bathrooms (soft close). New granite counters in the baths as well. All new turnoff valves for the plumbing. Painted in 2021. New LVP in living areas and new carpet in bedrooms. New tile in master bath. New plumbing fixtures throughout. New door hardware throughout. New lighting throughout. New HVAC in 2022. Shelving installed in closets. New alarm system installed. The garage is 3rd from the left facing the building. It's relatively unusual for a condo at Magnolia Pointe to have a garage right across the parking lot. The garage cannot be sold separately but a buyer could sell it after purchasing. With all of these upgrades and the plentiful cabinets and counter space in the kitchen, great storage space throughout and a full sized washer and dryer (which convey with the sale) this condo, located in a building with an elevator, is an ideal " forever home", vacation home, or investment property suitable for either short term or long term rentals. Owners are allowed pets and Owners are also allowed golf carts, a rare feature for condos which makes beach outings even more convenient. There are 7 beautifully landscaped pool areas and 2 clubhouses as well as multiple grilling areas available for use within Magnolia Pointe in addition to walking trails around the community lakes. And the location can't be beat. Conveniently located just a few miles from Broadway at the Beach with shopping, restaurants, nightlife and entertainment for all ages as well as many of the Grand Strand's favorite golf courses and other entertainment venues. And of course the beach is just over a mile away! Monthly HOA fee includes water/sewer, trash collection, basic cable, internet, and pest control. All information is deemed correct, but it is the responsibility of the buyers and their agent to verify all information.
Property Details
Home Type
- Condominium
Year Built
- Built in 2006
Lot Details
- End Unit
HOA Fees
- $410 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Tile
Interior Spaces
- 1,370 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Window Treatments
- Insulated Doors
- Combination Dining and Living Room
- Lake Views
- Washer and Dryer
Kitchen
- Breakfast Bar
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub and Shower Combination in Primary Bathroom
- Garden Bath
Home Security
Parking
- Garage
- Garage Door Opener
Outdoor Features
- Private Pool
- Balcony
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Utilities
- Central Heating and Cooling System
- Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
Overview
- Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
- Mid-Rise Condominium
- The community has rules related to allowable golf cart usage in the community
Amenities
- Clubhouse
- Elevator
Recreation
- Community Pool
Pet Policy
- Only Owners Allowed Pets
Building Details
- Security
Security
- Storm Doors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2024
Closed on
Mar 14, 2024
Sold by
Scharnagl Lorraine R
Bought by
Masters Linda and Miles George
Seller's Agent
Gene Carter Team
RE/MAX Southern Shores
Buyer's Agent
Nick Paolozzi
RE/MAX Southern Shores
List Price
$354,750
Sold Price
$349,500
Premium/Discount to List
-$5,250
-1.48%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,214
Avg. Annual Appreciation
-11.71%
Purchase Details
Closed on
Dec 3, 2019
Sold by
Broach James D
Bought by
Scharnagl Lorraine R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,300
Interest Rate
3.6%
Mortgage Type
New Conventional
Similar Homes in Myrtle Beach, SC
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Masters Linda | $349,500 | -- | |
| Scharnagl Lorraine R | $207,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Scharnagl Lorraine R | $186,300 | |
| Previous Owner | Broach James D | $182,240 | |
| Previous Owner | Broach James D | $45,560 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2024 03/14/24 | Sold | $349,500 | -1.5% | $255 / Sq Ft |
| 01/24/2024 01/24/24 | For Sale | $354,750 | -- | $259 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | -- | $18,165 | $0 | $18,165 |
| 2023 | $572 | $18,165 | $0 | $18,165 |
| 2021 | $555 | $18,165 | $0 | $18,165 |
| 2020 | $472 | $18,165 | $0 | $18,165 |
| 2019 | $2,100 | $17,535 | $0 | $17,535 |
| 2018 | $0 | $16,275 | $0 | $16,275 |
| 2017 | $585 | $16,275 | $0 | $16,275 |
| 2016 | -- | $16,275 | $0 | $16,275 |
| 2015 | $585 | $6,200 | $0 | $6,200 |
| 2014 | -- | $6,200 | $0 | $6,200 |
Source: Public Records
Agents Affiliated with this Home
-
Gene Carter Team
G
Seller's Agent in 2024
Gene Carter Team
RE/MAX
(843) 638-7580
11 in this area
357 Total Sales
-
Gene Carter
Seller Co-Listing Agent in 2024
Gene Carter
RE/MAX
(843) 455-4785
2 in this area
243 Total Sales
-
Nick Paolozzi
Buyer's Agent in 2024
Nick Paolozzi
RE/MAX
(845) 249-1775
11 in this area
110 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2402005
APN: 42000000160
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.
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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