4895 Luster Leaf Cir Unit 402 Myrtle Beach, SC 29577
Myrtlewood NeighborhoodEstimated Value: $235,000 - $247,072
2
Beds
2
Baths
1,070
Sq Ft
$320/mo
HOA Fee
Highlights
- Unit is on the top floor
- Lake View
- Vaulted Ceiling
- Private Pool
- Clubhouse
- Furnished
About This Home
As of March 2024Welcome to this exceptional two-bedroom, two-bathroom condo nestled in the prestigious Magnolia Pointe community, one of the most sought-after neighborhoods in Myrtle Beach. Perched on the top floor, this unit provides an unparalleled sense of space with its soaring cathedral ceilings, and it offers a captivating view of a serene lake. Unlike many others in the area, this condo has never been part of a rental program, assuring you of its pristine condition. Set in a building equipped with an elevator, you'll experience the utmost convenience. Immaculately maintained, this unit resembles a model home, with upgraded furnishings. all included for the new homeowner. Step onto the balcony, and you'll be greeted by a picturesque view of the illuminated lake and the inviting pool area. It's the perfect spot to unwind in the evenings or savor your morning coffee. For added convenience, there's a storage closet to stow away your beach essentials or golf clubs. Magnolia Pointe, the gem of a community, provides you with access to a remarkable array of amenities, including seven swimming pools and two elegant clubhouses. Plus, its strategic central location in Myrtle Beach ensures that you're only moments away from an abundance of restaurants and entertainment options. The beach is practically at your doorstep, making this the ideal coastal retreat. In this part of the community, you'll enjoy the added perk of plenty of parking – a rare find in this area. Additionally, a brand-new HVAC system was installed in August of 2023, offering you the latest in comfort and energy efficiency. This exceptional unit is truly move-in ready, and opportunities like this don't come along every day. Don't let this fabulous condo slip through your fingers!
Last Agent to Sell the Property
Century 21 The Harrelson Group Listed on: 10/11/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,989
Year Built
- Built in 2005
HOA Fees
- $320 Monthly HOA Fees
Home Design
- Slab Foundation
- Tile
Interior Spaces
- 1,070 Sq Ft Home
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Carpet
- Lake Views
Kitchen
- Breakfast Bar
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Single Vanity
- Dual Vanity Sinks in Primary Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Home Security
Outdoor Features
- Private Pool
- Balcony
Location
- Unit is on the top floor
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Utilities
- Central 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, elevator service, pool service, landscape/lawn, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access
- Mid-Rise Condominium
Recreation
- Community Pool
Pet Policy
- Only Owners Allowed Pets
Additional Features
- Clubhouse
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2023
Closed on
Mar 6, 2024
Sold by
Rakes William D
Bought by
Maher Shawn Henry
Seller's Agent
Brendon Payne Expert Advisors
Century 21 The Harrelson Group
Buyer's Agent
Hereda Team
Carolina Crafted Homes
List Price
$284,900
Sold Price
$250,000
Premium/Discount to List
-$34,900
-12.25%
Views
133
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
-$6,732
Avg. Annual Appreciation
-1.84%
Original Mortgage
$187,500
Outstanding Balance
$185,669
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$58,444
Purchase Details
Listed on
Jul 25, 2016
Closed on
Feb 10, 2017
Sold by
Frank William J
Bought by
Rakes Melinda S and Rakes William D
Seller's Agent
The O'Brien Team
BHHS Myrtle Beach Real Estate
Buyer's Agent
Brendon Payne
Century 21 The Harrelson Group
List Price
$139,900
Sold Price
$131,000
Premium/Discount to List
-$8,900
-6.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$86,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2005
Sold by
Springwood Estates Llc
Bought by
Frank William J
Similar Homes in Myrtle Beach, SC
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Maher Shawn Henry | $250,000 | -- | |
| Rakes Melinda S | $131,000 | None Available | |
| Frank William J | $162,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maher Shawn | $187,500 | |
| Previous Owner | Rakes Melinda S | $86,000 | |
| Previous Owner | Frank William J | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2024 03/08/24 | Sold | $250,000 | -7.1% | $234 / Sq Ft |
| 01/03/2024 01/03/24 | Price Changed | $269,000 | -5.6% | $251 / Sq Ft |
| 10/11/2023 10/11/23 | For Sale | $284,900 | +117.5% | $266 / Sq Ft |
| 02/10/2017 02/10/17 | Sold | $131,000 | -6.4% | $109 / Sq Ft |
| 01/04/2017 01/04/17 | Pending | -- | -- | -- |
| 07/25/2016 07/25/16 | For Sale | $139,900 | -- | $116 / 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 | $1,989 | $14,385 | $0 | $14,385 |
| 2023 | $1,989 | $14,385 | $0 | $14,385 |
| 2021 | $1,838 | $14,385 | $0 | $14,385 |
| 2020 | $1,730 | $14,385 | $0 | $14,385 |
| 2019 | $1,730 | $14,385 | $0 | $14,385 |
| 2018 | $0 | $13,335 | $0 | $13,335 |
| 2017 | $1,599 | $7,380 | $0 | $7,380 |
| 2016 | $0 | $7,380 | $0 | $7,380 |
| 2015 | -- | $12,915 | $0 | $12,915 |
| 2014 | $1,546 | $7,380 | $0 | $7,380 |
Source: Public Records
Agents Affiliated with this Home
-
Brendon Payne Expert Advisors
B
Seller's Agent in 2024
Brendon Payne Expert Advisors
Century 21 The Harrelson Group
10 in this area
651 Total Sales
-
Hereda Team
Buyer's Agent in 2024
Hereda Team
Carolina Crafted Homes
(704) 910-7173
1 in this area
116 Total Sales
-
T
Seller's Agent in 2017
The O'Brien Team
BHHS Myrtle Beach Real Estate
(843) 602-8882
-
Brendon Payne
Buyer's Agent in 2017
Brendon Payne
Century 21 The Harrelson Group
(843) 222-5771
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2320686
APN: 42000000574
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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