NOT LISTED FOR SALE

5416 Elba Way Unit 5416 Myrtle Beach, SC 29579

Forestbrook Neighborhood

Estimated Value: $343,174 - $379,000

3 Beds
3 Baths
1,806 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $259,000 $143 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,286/month

10 Days on Market

Highlights

  • Lake View
  • Clubhouse
  • Main Floor Primary Bedroom
  • River Oaks Elementary School Rated A
  • Vaulted Ceiling
  • Bonus Room

About This Home

As of January 2020

A fantastic, must-see end unit LAKEFRONT townhouse on a corner lot with many upgrades. This home is located in the Tuscany community of Myrtle Beach and features an open floor plan with a cathedral ceiling in a large kitchen/family room and a separate dining room with trey ceiling and crown molding. The kitchen comes with stainless steel appliances, granite counter tops, subway tile back splash, and pendent lighting. The large master bedroom is located on the 1st floor with sliding door entry to an extra large screened in back porch. The master bedroom also features a large walk-in closet, electric blinds and great views of the lake. The second floor is a Mother-In-Law suite/bonus room with a full bathroom and walk in closet. Other upgrades include new carpet, custom plantation shutters throughout, and a 2 car garage with custom storage cabinets. The amenities include a large clubhouse which contains a 2,000 sq.ft. state-of-the art fitness center, game room, 24 seat movie theater, two swimming pools, lazy river, tennis courts, and hiking trails. This community is a short drive to shopping, restaurants, beach, golf and entertainment. The HOA fees include lawn maintenance, landscaping, and irrigation, and security.

Last Listed By

Eric L Williams

Realty ONE Group Dockside License #101858 Listed on: 11/22/2019

Realty ONE Group Dockside

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 2016

Lot Details

  • 6,098

HOA Fees

  • $196 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,806 Sq Ft Home
  • 1.5-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Entrance Foyer
  • Dining Area
  • Den
  • Bonus Room
  • Screened Porch
  • Carpet
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Parking

  • Garage
  • Garage Door Opener

Schools

  • River Oaks Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Wood patio
  • Lawn

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, landscape/lawn, manager, security, rec. facilities, common maint/repair
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,146

Year Built

Built in 2016

Lot Details

0

HOA Fees

$196 per month

Listing Details

  • Lot Description: Corner
  • Unit Location: Lake/Pond View
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Tennis Court, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Long Term Rental Allowed, Trash Pickup, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Lazy River, Owner Allowed Golf Cart, Tenant Allowed Golf Cart
  • Estimated Year Built: 2016
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Carpeting, Tile, Wood
  • HOA Fee Frequency: Monthly
  • Great Family Room: 16x18
  • Heating And Cooling: Central Air, Central Heat, Electric, Gas
  • Monthly HOA as Calculated: 196
  • HOA Management Company: Cedar Management 843-286-5545
  • Lvt Date: 11/22/2019
  • Sold Total Heated Sq Ft: 1806
  • Sold Total Sq Ft: 2431
  • Total Heated Sq Ft: 1806
  • Building Style: Townhouse
  • Building Location: On Lake/Pond, Outside City Limits
  • Estimated Lot Size: .14
  • Exterior Unit Features: Lawn Sprinkler, Rear Porch, Insulated Doors/Windows, Satelite Dish
  • HOA Fees include insurance: Yes
  • Project Section Code: Tuscany - Carolina Forest Area - 31JJ21
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2016

Interior Features

  • Bedroom 1: 10x12
  • Bedroom 2: 11x18
  • Bedroom 3: 12x15
  • Dining Room: 12x12
  • Interior Amenities: Garage Door Opener, Smoke Detector, Stairs To Attic, Wshr/Dryer Connection, Enter Through Foyer
  • Kitchen: 12x10
  • Master Bedroom: 16x12
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Bonus Room, Den/Study/Library, Foyer, Laundry/Utility, Mother-In-Law Suite, Screened Porch
  • Primary Bathroom: Double Sink, Shower, Vaulted/Cathedral Ceiling
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cathedral Ceiling, Ceiling Fan, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Area, Tray Ceiling
  • Full Bathrooms: 3
  • Levels: One And One Half
  • Total Sq Ft: 2431

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Townhouse
  • Parking: Private Two Car Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Pool Service, Landscape/Lawn, Manager, Security, Rec. Facilities, Common Maint/Repair

Schools

  • Elementary School: River Oaks Elementary
  • Middle School: Ocean Bay Middle School
  • High School: Carolina Forest High School

Lot Info

  • Zoning: MRD3

MLS Schools

  • Elementary School: River Oaks Elementary
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jan 28, 2020
Sold by
Smith Gary R
Bought by
Papasadora John
Seller's Agent
Eric L Williams
Realty ONE Group Dockside
Buyer's Agent
Kelly Williams
Realty ONE Group Dockside
List Price
$260,000
Sold Price
$259,000
Premium/Discount to List
-$1,000
-0.38%
Total Days on Market
10
Current Estimated Value
$359,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,544
Avg. Annual Appreciation
6.40%
Original Mortgage
$246,050
Outstanding Balance
$220,664
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$138,880

Purchase Details

Closed on
Dec 5, 2016
Sold by
Dr Horton Inc
Bought by
Smith Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,880
Interest Rate
3.57%
Mortgage Type
New Conventional

Range of Values:

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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
Papasadora John $259,000 --
Smith Gary R $232,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papasadora John $246,050
Previous Owner -- $113,880
Previous Owner Smith Gary R $113,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $259,000 -0.4% $143 / Sq Ft
11/22/2019 11/22/19 For Sale $260,000 -- $144 / 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 $1,146 $10,000 $1,710 $8,290
2023 $1,146 $10,000 $1,710 $8,290
2021 $1,035 $10,000 $1,712 $8,288
2020 $812 $8,816 $1,712 $7,104
2019 $638 $8,816 $1,712 $7,104
2018 $582 $8,000 $1,248 $6,752
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Eric L Williams

    Realty ONE Group Dockside

    Section Image
  • Kelly Williams

    Seller Co-Listing Agent in 2020

    Kelly Williams

    Realty ONE Group Dockside

    17 Total Sales

    Kelly Williams
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1924998

Coastal Carolinas Association of REALTORS®

APN: 41714020124

South Carolina Horry County Myrtle Beach 29579 Forestbrook

5416 Elba Way Unit 5416, Myrtle Beach, SC

Homes for Sale in Myrtle Beach, SC

This home is located at 5416 Elba Way Unit 5416, Myrtle Beach, SC 29579 since 22 November 2019 and is currently estimated at $359,544, approximately $199 per square foot. This property was built in 2016. 5416 Elba Way Unit 5416 is a home located in Horry County with nearby schools including River Oaks Elementary School, Ten Oaks Middle, and Carolina Forest High School.

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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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