$131,000
SOLD FEB 10, 2017

4895 Luster Leaf Cir Unit 402 Myrtle Beach, SC 29577

Myrtlewood Neighborhood
2 Beds
2 Baths
1,201 Sq Ft
$247/mo HOA Fee

Recently Sold

$109 Per Sq Ft

6% Below List Price

163 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Lake View
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of March 2024

This condo has had one owner and has never been rented. It is what everyone looking for a 2 bedroom wants to have. Top floor, vaulted ceilings, mint condition, furnished, pool directly behind the building and a beautiful lake view from your balcony is what you will get at this price. You can do short or long term rental in this building. It has tiled wet areas and carpeting in the living room and bedrooms. Over the years it has been rarely used which you will see as soon as you enter. Magnolia Point is located in one of the best locations on the strand. Hospitals, doctors, restaurants, nightlife, shopping and the beautiful Atlantic Ocean are all within 1 mile. Don't miss out on this one. It is a great condo.

Last Agent to Sell the Property

The O'Brien Team

BHHS Myrtle Beach Real Estate License #21766 Listed on: 07/25/2016

BHHS Myrtle Beach Real Estate

Last Buyer's Agent

Brendon Payne

Century 21 The Harrelson Group License #66802

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 2005

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile

Interior Spaces

  • 1,201 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet
  • Lake Views
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Private Pool
  • Balcony

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

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,989

Year Built

Built in 2005

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Unit Location: Lake/Pond View
  • 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, Trash Pickup
  • Estimated Year Built: 2005
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 247
  • HOA Management Company: Waccamaw Mgmt 843-903-9551
  • Living Room Type: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Lvt Date: 07/25/2016
  • Sold Total Heated Sq Ft: 1201
  • Sold Total Sq Ft: 1251
  • Total Heated Sq Ft: 1201
  • 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, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms
  • Primary Bathroom: Double Sink, Shower, Tub, Vanity
  • 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: 1251

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: M/F

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
$246,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,060
Avg. Annual Appreciation
-1.96%
Original Mortgage
$187,500
Outstanding Balance
$185,669
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$57,599

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

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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 Type Sale Price Title Company
Warranty Deed $250,000 --
Warranty Deed $131,000 None Available
Deed $162,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 New Conventional
Previous Owner $86,000 New Conventional
Previous Owner $100,000 Fannie Mae Freddie Mac
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 $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

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1615207

Coastal Carolinas Association of REALTORS®

APN: 42000000574