NOT LISTED FOR SALE

5506 Elba Way Unit 1902 Myrtle Beach, SC 29579

Estimated Value: $353,000 - $374,000

3 Beds
3 Baths
1,968 Sq Ft
$338/mo HOA Fee

Last Sold April 29, 2024

Last sale price $367,500 $187 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,354/month

7 Days on Market

Highlights

  • Lake View
  • Clubhouse
  • Main Floor Bedroom
  • River Oaks Elementary School Rated A
  • Vaulted Ceiling
  • Solid Surface Countertops

About This Home

As of April 2024

Back on the market through no fault of the seller... Now is your chance! Open floor plan with beautiful lake view! Immaculate, like new 3 bedroom 3 bath condo freshly painted and updated with LVP flooring throughout first floor, reconfigured kitchen with a new glass tile backsplash, and screen porch remodeled into a Carolina room. This home lives well with a first floor primary suite with vaulted ceiling, ensuite bathroom and walk in closet; an additional first floor bedroom and full bathroom; a laundry room; and a spacious kitchen with pantry. On the second floor is a 3rd bedroom with ensuite bathroom, just perfect when a little extra privacy is desired. The Carolina room, with tiled floor and floor to ceiling hurricane proof windows, is an ideal spot to enjoy the peaceful lake view. This condo is in the neighborhood of Tuscany, which has the resort-style amenities of a clubhouse, 2 pools, a lazy river, and tennis courts. Conveniently located in the Myrtle Beach area near shopping, restaurants, and golf courses and only 20 minutes to the beach. *Measurements and square footage are approximate. The buyer/buyer's agent is responsible for verifying ALL information in the MLS including HOA information, square footage, etc.

Last Agent to Sell the Property

Layne Mureddu

RE/MAX Southern Shores GC License #98882 Listed on: 03/18/2024

Last Buyer's Agent

Rhonda Day

NorthGroup Real Estate LLC License #94974

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • 3,485

HOA Fees

  • $338 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,968 Sq Ft Home
  • 1.5-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Lake Views

Kitchen

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

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, landscape/lawn, insurance, legal and accounting, common maint/repair, internet access
  • Low-Rise Condominium

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • Unit Location: Lake/Pond View
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Seller Disclosure, Home Owners Assn Fee, Long Term Rental Allowed, Cable Tv, Internet Access
  • Estimated Year Built: 2016
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Vaulted/Cathedral Ceiling
  • Floor Cover: Carpeting, Luxury Vinyl Plank/Tile, Tile
  • HOA Fee Frequency: Monthly
  • Great Family Room: 18 x 16
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 338
  • HOA Management Company: Waccamaw 843-237-9551
  • Lvt Date: 03/18/2024
  • Sold Total Heated Sq Ft: 1968
  • Sold Total Sq Ft: 1968
  • Total Heated Sq Ft: 1968
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: On Lake/Pond
  • Exterior Unit Features: Front Porch, Patio
  • Project Section Code: Tuscany - Carolina Forest Area - 31JJ21
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2016

Interior Features

  • Bedroom 1: 10 x 12
  • Bedroom 2: 12 x 15
  • Dining Room: 2 x 12
  • Interior Amenities: Smoke Detector, Wshr/Dryer Connection, Enter Through Foyer
  • Kitchen: 17 x 14
  • Master Bedroom: 16 x 12
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Carolina Room, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Vaulted/Cathedral Ceiling, Ceiling Fan
  • Bedrooms: 3
  • Dining Room Type: Tray Ceiling
  • Full Bathrooms: 3
  • Levels: One And One Half
  • Total Sq Ft: 1968

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Private Two Car Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Legal And Accounting, Common Maint/Repair, Internet Access

Schools

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

Lot Info

  • Zoning: RES

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
Mar 18, 2024
Closed on
Apr 25, 2024
Sold by
Ashworth Janice B
Bought by
Sereno Richard Anthony and Sereno Rebecca Lynn
Seller's Agent
Layne Mureddu
RE/MAX Southern Shores GC
Buyer's Agent
Rhonda Day
NorthGroup Real Estate LLC
List Price
$379,900
Sold Price
$367,500
Premium/Discount to List
-$12,400
-3.26%
Views
98
Current Estimated Value
$361,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,717
Avg. Annual Appreciation
0.95%

Purchase Details

Closed on
Feb 23, 2024
Sold by
Ashworth Janice B
Bought by
Ashworth Janice B

Purchase Details

Closed on
Feb 20, 2024
Sold by
Ashworth Janice B
Bought by
Ashworth Janice B

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 13, 2018
Sold by
Mullen James M
Bought by
Ashworth Janice B and Trail Janice A
Seller's Agent
Anna Marie Brock-Piacquadio
RE/MAX Southern Shores
Buyer's Agent
Billie Stefansky
North Beach Realty
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
Sep 21, 2016
Closed on
Oct 5, 2016
Sold by
Dr Horton Inc
Bought by
Mullen James M
Seller's Agent
Monica Westcott
DR Horton
Buyer's Agent
Anna Marie Brock-Piacquadio
RE/MAX Southern Shores
List Price
$223,500
Sold Price
$223,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$50,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Sereno Richard Anthony $367,500 --
Ashworth Janice B -- --
Ashworth Janice B -- --
Ashworth Janice B $249,900 --
Mullen James M $223,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $50,000
Previous Owner Mullen James M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $367,500 -3.3% $187 / Sq Ft
03/18/2024 03/18/24 For Sale $379,900 +52.0% $193 / Sq Ft
08/16/2018 08/16/18 Sold $249,900 0.0% $139 / Sq Ft
06/19/2018 06/19/18 For Sale $249,900 +11.8% $139 / Sq Ft
10/11/2016 10/11/16 Sold $223,500 0.0% $124 / Sq Ft
09/21/2016 09/21/16 For Sale $223,500 -- $124 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
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 -- $12,990 $2,570 $10,420
2023 $0 $12,990 $2,570 $10,420
2021 $2,852 $8,660 $1,712 $6,948
2020 $2,709 $8,660 $1,712 $6,948
2019 $2,709 $8,660 $1,712 $6,948
2018 $582 $8,000 $1,248 $6,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2406730

Coastal Carolinas Association of REALTORS®

APN: 41714010060