$75,000
SOLD MAR 2, 2015

1501 S Ocean Blvd Unit 241 LANDMARK Myrtle Beach, SC 29577

1 Bed
1 Bath
501 Sq Ft
$536/mo HOA Fee

Recently Sold

$150 Per Sq Ft

7% Below List Price

245 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Elevator
  • Private Pool
  • Tennis Courts
  • Balcony

About This Home

As of April 2021

GREAT DIRECT OCEANFRONT 1BR/1BA UNIT. EXCELLENT RENTAL INCOME PRODUCER. AMENITIES GALORE- FEATURING 14 WATER AMENITIES INCLUDING INDOOR AND OUTDOOR POOLS, LAZY RIVER, WHIRLPOOLS ND INDOOR TOTS LAZY RIVER AND FUN POOL. ADDITIONAL FEATURES INCLUDE THE GAZEBO/RESTAURANT, THE PUB/LOUNGE, SNACK BAR, EXERCISE ROOM, VIDEO GAME ROOM, SAUNA, GIFT SHOP AND AIR CONDITIONED COVERED WALKWAY CONNECTING THE RESORT TO ITS 8 STORY PARKING GARAGE.

Last Agent to Sell the Property

Robert Schreiber

The Hoffman Group License #25688 Listed on: 05/20/2014

Last Buyer's Agent

Robert Schreiber

The Hoffman Group License #25688 Listed on: 05/20/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1991

HOA Fees

  • $536 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 2nd floor
  • Steel Siding
  • Tile

Interior Spaces

  • 501 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • Private Pool
  • Spa

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Ocean Front
  • Flood Zone Lot

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair
  • High-Rise Condominium

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,004

Year Built

Built in 1991

Lot Details

0

HOA Fees

$536 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Tennis Court, Seller Disclosure, Home Owners Assn Fee
  • Estimated Year Built: 1991
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 536
  • HOA Management Company: Ally 843-497-3555
  • Sold Total Heated Sq Ft: 501
  • Sold Total Sq Ft: 551
  • Total Heated Sq Ft: 501
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Pool-Indoor Private, Spa/Hot Tub
  • Gross Annual Rental Incom: 2012-$22,758
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Landmark Resort
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1991

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector
  • Kitchen Type: Microwave, Refrigerator, Range Hood, Range
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 551

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair

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
Sep 9, 2020
Closed on
Apr 9, 2021
Sold by
Martin Frank
Bought by
Lane Michael C and Lane Kimberly D
Seller's Agent
Robert Schreiber
The Hoffman Group
Buyer's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
List Price
$90,500
Sold Price
$85,000
Premium/Discount to List
-$5,500
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$69,000
Outstanding Balance
$62,616
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$73,566

Purchase Details

Listed on
May 20, 2014
Closed on
Mar 2, 2015
Sold by
Arnott John G and Arnott Carol S
Bought by
Martin Frank
Seller's Agent
Robert Schreiber
The Hoffman Group
Buyer's Agent
Robert Schreiber
The Hoffman Group
List Price
$81,000
Sold Price
$75,000
Premium/Discount to List
-$6,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%

Purchase Details

Closed on
Feb 23, 2007
Sold by
Loverde Ronald R
Bought by
Arnott John G and Arnott Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2005
Sold by
Phan Fonzie
Bought by
Lo Verde Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
Atlantic Coast Condominiums Inc
Bought by
Phan Fonzie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,050
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2004
Sold by
Landmark Llc
Bought by
Atlantic Coast Condominiums Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,050
Interest Rate
5.35%
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 $85,000 --
Warranty Deed $75,000 --
Deed $162,500 None Available
Warranty Deed $189,900 --
Deed $329,700 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $69,000 New Conventional
Previous Owner $130,000 Purchase Money Mortgage
Previous Owner $151,920 Purchase Money Mortgage
Previous Owner $267,050 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $134,900 +58.7% $255 / Sq Ft
04/12/2021 04/12/21 Sold $85,000 0.0% $160 / Sq Ft
02/26/2021 02/26/21 Price Changed $85,000 -6.1% $160 / Sq Ft
09/09/2020 09/09/20 For Sale $90,500 +20.7% $171 / Sq Ft
03/02/2015 03/02/15 Sold $75,000 -7.4% $150 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
05/20/2014 05/20/14 For Sale $81,000 -- $162 / 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 $2,004 $9,510 $0 $9,510
2023 $2,004 $8,925 $0 $8,925
2021 $1,848 $8,925 $0 $8,925
2020 $1,314 $8,925 $0 $8,925
2019 $1,314 $8,925 $0 $8,925
2018 $0 $8,190 $0 $8,190
2017 $0 $4,680 $0 $4,680
2016 $0 $4,680 $0 $4,680
2015 -- $7,455 $0 $7,455
2014 $1,077 $4,260 $0 $4,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1409917

Coastal Carolinas Association of REALTORS®

APN: 44314010132