$187,500
SOLD AUG 16, 2024
2 Beds
2 Baths
960 Sq Ft
$450/mo HOA Fee

Recently Sold

$195 Per Sq Ft

17% Below List Price

92 Days on Market

Highlights

  • Penthouse
  • Deck
  • Wood patio
  • Ocean Drive Elementary School Rated A
  • Community Pool
  • Central Air

About This Home

As of August 2024

Escape to the serene shores of North Myrtle Beach, where relaxation meets luxury in this exquisite 2 bed, 2 bath condo. Nestled in a prime location, this updated top-floor unit boasts convenience, comfort, and style, making it an ideal vacation retreat or savvy investment opportunity. As you step into this meticulously maintained condo, you'll be greeted by a spacious and inviting interior adorned with modern finishes. The open floor plan creates a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests or unwinding after a day of beachside adventures. Whether you're seeking a personal oasis to escape the hustle and bustle of daily life or a lucrative investment opportunity in the heart of North Myrtle Beach, this condo offers the perfect blend of comfort, convenience, and coastal charm. Short term rentals are allowed. Don't miss your chance to make 1101 Possum Trot Rd your own slice of paradise!

Last Agent to Sell the Property

Advantage Agent Group

Agent Group Realty Listed on: 03/27/2024

Agent Group Realty

Last Buyer's Agent

Jonathan Edmund

Wave Beach Realty, LLC License #87349

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1989

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Penthouse
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • Dining Area
  • Carpet
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deck
  • Wood patio

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Air
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include water and sewer, trash pickup, elevator service, pool service, master antenna/cable TV, common maint/repair, internet access, pest control
  • Low-Rise Condominium
  • The community has rules related to allowable golf cart usage in the community

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,335

Year Built

Built in 1989

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Unit Location: Penthouse
  • Amenities Available: Pool-Outdoor Community, Short Term Rental Allowed, Cable Tv, Owner Allowed Golf Cart
  • Estimated Year Built: 1989
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Electric
  • Monthly HOA as Calculated: 450
  • HOA Management Company: 724-351-2538
  • Lvt Date: 03/27/2024
  • Sold Total Heated Sq Ft: 960
  • Sold Total Sq Ft: 1100
  • Total Heated Sq Ft: 960
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Inside City Limits
  • Exterior Unit Features: Deck, Patio
  • HOA Fees include insurance: Yes
  • Project Section Code: Golf Glenn V
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Interior Amenities: Washer/Dryer, Wshr/Dryer Connection
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range
  • Bedrooms: 2
  • Dining Room Type: Area
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1100

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access, Pest Control

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Jul 29, 2024
Sold by
Martin Matthew Jacob
Bought by
Cox Angela H
Seller's Agent
Advantage Agent Group
Agent Group Realty
Buyer's Agent
Jonathan Edmund
Wave Beach Realty, LLC
List Price
$224,900
Sold Price
$187,500
Premium/Discount to List
-$37,400
-16.63%
Total Days on Market
92
Views
163
Current Estimated Value
$187,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404
Avg. Annual Appreciation
-1.79%
Original Mortgage
$130,000
Outstanding Balance
$129,090
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$55,721

Purchase Details

Closed on
Mar 9, 2000
Sold by
Fernandez Shawn C
Bought by
Craddock Richard Bain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $187,500 --
Deed $56,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Previous Owner $48,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $187,500 -6.2% $195 / Sq Ft
06/19/2024 06/19/24 Price Changed $199,900 -4.4% $208 / Sq Ft
06/11/2024 06/11/24 Price Changed $209,000 -0.5% $218 / Sq Ft
05/31/2024 05/31/24 Price Changed $210,000 -0.5% $219 / Sq Ft
05/23/2024 05/23/24 Price Changed $211,000 -0.2% $220 / Sq Ft
05/12/2024 05/12/24 Price Changed $211,500 -0.2% $220 / Sq Ft
05/03/2024 05/03/24 Price Changed $212,000 -0.2% $221 / Sq Ft
04/10/2024 04/10/24 Price Changed $212,500 -5.5% $221 / Sq Ft
03/27/2024 03/27/24 For Sale $224,900 +79.9% $234 / Sq Ft
02/10/2022 02/10/22 Sold $125,000 -3.8% $130 / Sq Ft
11/26/2021 11/26/21 For Sale $130,000 -- $135 / 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 $2,335 $9,030 $0 $9,030
2023 $2,335 $9,030 $0 $9,030
2021 $828 $9,030 $0 $9,030
2020 $819 $9,030 $0 $9,030
2019 $790 $9,030 $0 $9,030
2018 $0 $5,565 $0 $5,565
2017 $721 $3,180 $0 $3,180
2016 -- $3,180 $0 $3,180
2015 $715 $5,565 $0 $5,565
2014 $692 $3,180 $0 $3,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2407534

Coastal Carolinas Association of REALTORS®

APN: 35706040215