NOT LISTED FOR SALE

4823 Orchid Way Unit 2-301 Magnolia North Myrtle Beach, SC 29577

Myrtlewood Neighborhood

Estimated Value: $224,000 - $237,108

2 Beds
2 Baths
1,175 Sq Ft
$277/mo HOA Fee

Last Sold January 03, 2012

Last sale price $100,000 $85 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,823/month

42 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • End Unit
  • Lake View
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Lawn

About This Home

As of January 2012

Myrtlewood Villas, Magnolia North, Myrtle Beach, just two miles west of the nicest beach along the Grand Strand, this two bedroom, two-bathroom condominium offers generous living space and abundant storage areas inside and out. Two of its best attributes are the covered balcony overlooking an unobstructed view of the pool grilling/picnic area, lake and Myrtlewood Golf Club also the deeded private garage in front of the building is a rare find for condo living. Interior features include laminate wood flooring, tiled bathrooms, brushed nickel door and cabinet hardware and designer light fixtures. The walls have upgraded paint with chair rail and crown molding. Window treatments throughout and all appliances convey with sale, living room and master bedroom have vaulted ceilings only available on top floor units. This condominium is perfect for a permanent residence, second home or rental investment property. Magnolia North is one neighborhood located within the Myrtlewood Golf Club and Villas community offering resort living at its best weather taking advantage of the community pool, beach and ocean, area shopping, award winning golf or any number of other entertainment outlets. REDUCED!

Last Agent to Sell the Property

Dan Sine

Dunes Realty Sales License #26589 Listed on: 10/31/2011

Last Buyer's Agent

Larry Willis

SC Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1998

Lot Details

  • End Unit
  • Lawn

HOA Fees

  • $277 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Slab Foundation
  • Concrete Siding
  • Tile

Interior Spaces

  • 1,175 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • 2 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Private Pool
  • Balcony
  • Built-In Barbecue

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, security, legal and accounting, master antenna/cable TV, common maint/repair
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Additional Features

  • Door to Door Trash Pickup
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,102

Year Built

Built in 1998

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Unit Location: End Unit, Golf Course View, Lake/Pond View
  • Amenities Available: 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, Lawn Maintenance
  • Estimated Year Built: 1998
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric, Forced Air
  • Monthly HOA as Calculated: 277
  • HOA Management Company: Noble Company, (843) 449-6625
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Sold Total Heated Sq Ft: 1175
  • Sold Total Sq Ft: 1225
  • Total Heated Sq Ft: 1175
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: On Golf Course, On Lake/Pond, Outside City Limits, In Golf Course Community
  • Exterior Unit Features: Balcony, Lawn Sprinkler, Pool-Outdoor Private, Built-In Bbq, Insulated Doors/Windows, Outside Storage Attached, Outside Storage Detached, Storm Doors
  • HOA Fees include insurance: Yes
  • Project Section Code: Magnolia North
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1998

Interior Features

  • Bedroom 1: 12x12
  • Interior Amenities: Garage Door Opener, Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection
  • Kitchen: 10x16
  • Living Room: 16x21
  • Master Bedroom: 12x15
  • Other Rooms: Foyer, Laundry/Utility
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Freezer, Garbage Disposal, Microwave, Oven, Refrigerator, Range Hood, Range
  • Master Bedroom Type: Vaulted/Cathedral Ceiling, Ceiling Fan, Linen Closet, Walk-In Closet
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1225

Exterior Features

  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Private Grg

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Zoning: PUD

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

Closed on
Aug 23, 2024
Sold by
Ninaber Henny
Bought by
Garrison Melessa and Garrison Roy
Current Estimated Value
$231,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Outstanding Balance
$174,067
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$56,960

Purchase Details

Listed on
Oct 31, 2011
Closed on
Jan 3, 2012
Sold by
Edwards Robert D
Bought by
Ninaber Henny
Seller's Agent
Dan Sine
Dunes Realty Sales
Buyer's Agent
Larry Willis
SC Beach Real Estate
List Price
$119,000
Sold Price
$100,000
Premium/Discount to List
-$19,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Jul 9, 2004
Sold by
Spang Carol A
Bought by
Edwards Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2002
Sold by
Spang Scott A
Bought by
Spang Carol A

Purchase Details

Closed on
Dec 28, 1998
Sold by
Heritage Magnolia North Inc
Bought by
Spang Scott A
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
Garrison Melessa $219,000 --
Ninaber Henny $100,000 --
Edwards Robert D $123,000 --
Spang Carol A $115,000 --
Spang Scott A $100,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrison Melessa $175,200
Previous Owner Edwards Robert D $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2012 01/03/12 Sold $100,000 -16.0% $85 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
10/31/2011 10/31/11 For Sale $119,000 -- $101 / 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 $3,102 $12,390 $0 $12,390
2023 $3,102 $12,390 $0 $12,390
2021 $1,512 $12,390 $0 $12,390
2020 $1,417 $12,390 $0 $12,390
2019 $1,417 $12,390 $0 $12,390
2018 $0 $10,185 $0 $10,185
2017 $1,267 $5,820 $0 $5,820
2016 -- $5,820 $0 $5,820
2015 $1,267 $10,185 $0 $10,185
2014 $1,225 $5,820 $0 $5,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1117608

Coastal Carolinas Association of REALTORS®

APN: 42000001404