NOT LISTED FOR SALE

4895 Luster Leaf Cir Unit 402 Myrtle Beach, SC 29577

Myrtlewood Neighborhood

Estimated Value: $242,000 - $286,000

2 Beds
2 Baths
1,070 Sq Ft
$320/mo HOA Fee

Last Sold March 08, 2024

Last sale price $250,000 $234 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,859/month

117 Days on Market

Highlights

  • Unit is on the top floor
  • Lake View
  • Vaulted Ceiling
  • Private Pool
  • Clubhouse
  • Furnished

About This Home

As of March 2024

Welcome 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

Brendon Payne Expert Advisors

Century 21 The Harrelson Group Listed on: 10/11/2023

Last Buyer's Agent

Hereda Team

Carolina Crafted Homes

Carolina Crafted Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 2005

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,989

Year Built

Built in 2005

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Unit Location: Lake/Pond View, Top Floor
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 320
  • HOA Management Company: Waccamaw 843-272-8705
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Lvt Date: 10/11/2023
  • Sold Total Heated Sq Ft: 1070
  • Sold Total Sq Ft: 1070
  • Total Heated Sq Ft: 1070
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: On Lake/Pond, Outside City Limits, In Golf Course Community
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Outside Storage Attached
  • Project Section Code: Magnolia Pointe
  • Which Floor: 04
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Wshr/Dryer Connection, Furnished
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Double Sink, Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Microwave
  • Master Bedroom Type: Vaulted/Cathedral Ceiling, Ceiling Fan
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1070

Exterior Features

  • Foundation: Slab

Garage/Parking

  • Type: Condo

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, Elevator Service, Pool Service, Landscape/Lawn, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

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 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
$257,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,789
Avg. Annual Appreciation
3.10%
Original Mortgage
$187,500
Outstanding Balance
$185,669
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$76,207

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
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
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

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 $1,989 $15,774 $0 $15,774
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

  • B

    Seller's Agent in 2024

    Brendon Payne Expert Advisors

    Century 21 The Harrelson Group

    (843) 284-3213

    10 in this area

    638 Total Sales

    Brendon Payne Expert Advisors
    Section Image
  • Hereda Team

    Buyer's Agent in 2024

    Hereda Team

    Carolina Crafted Homes

    (704) 910-7173

    1 in this area

    117 Total Sales

    Hereda Team
    Section Image

  • T

    Seller's Agent in 2017

    The O'Brien Team

    BHHS Myrtle Beach Real Estate

    Section Image
  • Brendon Payne

    Buyer's Agent in 2017

    Brendon Payne

    Century 21 The Harrelson Group

    (843) 222-5771

    Brendon Payne
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2320686

Coastal Carolinas Association of REALTORS®

APN: 42000000574

South Carolina Horry County Myrtle Beach 29577 Myrtlewood

4895 Luster Leaf Cir Unit 402, Myrtle Beach, SC

This home is located at 4895 Luster Leaf Cir Unit 402, Myrtle Beach, SC 29577 since 11 October 2023 and is currently estimated at $257,789, approximately $240 per square foot. This property was built in 2005. 4895 Luster Leaf Cir Unit 402 is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Elementary School, and Myrtle Beach Primary School.

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.

Coastal Carolinas Association of REALTORS® 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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