NOT LISTED FOR SALE

4812 Magnolia Lake Dr Unit 305 Myrtle Beach, SC 29577

Myrtlewood Neighborhood

Estimated Value: $285,000 - $296,000

3 Beds
2 Baths
1,370 Sq Ft
$403/mo HOA Fee

Last Sold November 28, 2023

Last sale price $275,000 $201 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,343/month

3 Days on Market

Highlights

  • Lake View
  • End Unit
  • Community Pool
  • Clubhouse
  • Lawn
  • Elevator

About This Home

As of November 2023

Welcome home to this fabulous 3BR/2BA third floor condo in an elevator building! With beautiful water views from the living area, primary bedroom, and balcony you will feel right at home as you unwind and relax. This well-maintained end unit has an extra wall of windows so there is an abundance of natural light. The kitchen has all new stainless appliances (August 2022) and is bright and spacious with plenty of counter space and cabinets. The breakfast bar is perfect for informal gatherings or enjoy a sit-down meal in the large dining area. The open floor plan makes this home ideal for entertaining, especially with the large living room! A very generously sized main bedroom features a walk-in closet, extra linen closet, and double sinks in the bathroom. Two more guest bedrooms and a full bath make this a delightful primary or vacation home. There is even an outside attached storage closet off the balcony! Magnolia Pointe has swimming pools, clubhouse, outdoor grilling areas, walking trails and is centrally located near all area attractions such as Broadway at the Beach, an abundance of restaurants, shopping, and golf courses, in addition to being only minutes to the beach!

Last Agent to Sell the Property

Iris Borrero

RE/MAX Southern Shores License #104632 Listed on: 10/04/2023

Last Buyer's Agent

Jason Green Team

GRANDE DUNES PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $403 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1,370 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet
  • Lake Views
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Balcony

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, manager, security, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
  • Mid-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Building Details

  • Security

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,886

Year Built

Built in 2006

Lot Details

0

HOA Fees

$403 per month

Listing Details

  • Unit Location: Lake/Pond View, End Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Forced Air, Central Air, Electric
  • Monthly HOA as Calculated: 403
  • HOA Management Company: Waccamaw Mgmt 843.272.8705
  • Living Room Type: Ceiling Fan
  • Lvt Date: 10/04/2023
  • Sold Total Heated Sq Ft: 1370
  • Sold Total Sq Ft: 1500
  • Total Heated Sq Ft: 1370
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: On Lake/Pond, Outside City Limits, In Golf Course Community
  • Exterior Unit Features: Balcony, Elevator-Exterior, Outside Storage Attached
  • Project Section Code: Magnolia Pointe
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Bedroom 1: 11'6"x12
  • Bedroom 2: 12'x13'6"
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Enter Through Foyer
  • Kitchen: 15'6x10'
  • Master Bedroom: 12'x16'
  • Primary Bathroom: Double Sink, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Walk-In Closet, Linen Closet
  • Bedrooms: 3
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1500

Exterior Features

  • Exterior Finish: Brick Veneer

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Manager, Security, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access, Pest Control

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 17, 2023
Sold by
Owen Gail C
Bought by
Martin Jermaine and Martin Kelly M
Seller's Agent
Iris Borrero
RE/MAX Southern Shores
Buyer's Agent
Jason Green Team
GRANDE DUNES PROPERTIES
List Price
$299,500
Sold Price
$275,000
Premium/Discount to List
-$24,500
-8.18%
Views
90
Current Estimated Value
$290,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,026
Avg. Annual Appreciation
2.94%
Original Mortgage
$220,000
Outstanding Balance
$217,197
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$70,528

Purchase Details

Closed on
Sep 15, 2006
Sold by
Springwood Estates Llc
Bought by
Minotto Daniel J and Minotto Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.31%
Mortgage Type
Unknown
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
Martin Jermaine $275,000 --
Minotto Daniel J $203,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jermaine $220,000
Previous Owner Owen Gail C $107,200
Previous Owner Minotto Daniel J $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $275,000 -8.2% $201 / Sq Ft
10/04/2023 10/04/23 For Sale $299,500 -- $219 / 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 $3,886 $17,535 $0 $17,535
2023 $3,886 $17,535 $0 $17,535
2021 $531 $17,535 $0 $17,535
2020 $625 $17,535 $0 $17,535
2019 $625 $17,535 $0 $17,535
2018 $0 $15,225 $0 $15,225
2017 $549 $15,225 $0 $15,225
2016 -- $15,225 $0 $15,225
2015 $549 $5,800 $0 $5,800
2014 $1,941 $9,300 $0 $9,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2320171

Coastal Carolinas Association of REALTORS®

APN: 42000000172