NOT LISTED FOR SALE

1501 S Ocean Blvd Unit 747 Myrtle Beach, SC 29577

Estimated Value: $140,000 - $166,000

1 Bed
1 Bath
649 Sq Ft
$682/mo HOA Fee

Last Sold August 14, 2020

Last sale price $84,000 $129 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,602/month

281 Days on Market

Highlights

  • Private Pool
  • Furnished
  • Balcony
  • Clubhouse
  • Elevator
  • Combination Dining and Living Room

About This Home

As of August 2020

Large 1 bedroom condo located right in the heart of Myrtle Beach with beautiful ocean view. Sleeps 8 the bedroom has 2 double beds, a pull down Murphy bed as well as a new pull out couch! 2 spacious balconies with ocean views this unit is a vacation dream. Located right on the beach this facility also offers 2 lazy rivers, heated pools just steps from the beautiful sandy beach. This condo unit has recently been refreshed with new carpet, paint and new furniture. This resort is a wonderful family destination with strong rental income. Makes a great investment or a perfect family getaway with financial return!

Last Agent to Sell the Property

Bob Schreiber

The Hoffman Group License #25688 Listed on: 10/17/2019

Last Buyer's Agent

Greg Warren

BeachConnection Realty License #52459

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 1996

Lot Details

  • 3.48

HOA Fees

  • $682 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 649 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Private Pool
  • Balcony

Location

  • Flood Zone Lot

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Intermediate School
  • Myrtle Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • 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, insurance, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair
  • High-Rise Condominium

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Building Details

  • Security

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,635

Year Built

Built in 1996

Lot Details

0

HOA Fees

$682 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Owner Allowed Pet
  • Estimated Year Built: 1996
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Electric, Window/Wall Unit
  • Monthly HOA as Calculated: 682
  • HOA Management Company: EMPRESS 843.443.4003
  • Lvt Date: 10/17/2019
  • Sold Total Heated Sq Ft: 649
  • Sold Total Sq Ft: 675
  • Total Heated Sq Ft: 649
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Handicap Access, Pool-Indoor Private
  • HOA Fees include insurance: Yes
  • Project Section Code: Landmark Resort
  • Rental Mgmt Contract: Yes
  • Which Floor: 07
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Furnished: Yes
  • Interior Amenities: Fire Sprinkler, Smoke Detector
  • Kitchen Type: Refrigerator, Range, Oven, Microwave
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 675

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Private Grg

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, 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 Intermediate School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MULT

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Intermediate School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Aug 14, 2020
Sold by
Infinity Destinations Inc
Bought by
Manzanares Sarbelio Enrique and Manzanares Bessi Yasmine
Seller's Agent
Bob Schreiber
The Hoffman Group
Buyer's Agent
Greg Warren
BeachConnection Realty
List Price
$98,900
Sold Price
$84,000
Premium/Discount to List
-$14,900
-15.07%
Total Days on Market
281
Current Estimated Value
$147,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,641
Avg. Annual Appreciation
12.49%
Original Mortgage
$72,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2017
Closed on
Apr 20, 2018
Sold by
Revoc William Bland Ray William Bland Ray
Bought by
Infinity Destinations Inc
Seller's Agent
Jo Koch
Resourceful Realty
Buyer's Agent
Trey Barnes
INNOVATE Real Estate
List Price
$89,900
Sold Price
$83,000
Premium/Discount to List
-$6,900
-7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%

Purchase Details

Closed on
Aug 1, 2017
Sold by
Ray William B
Bought by
William Bland Ray Revocable Tr

Purchase Details

Closed on
Dec 29, 2006
Sold by
Loomis Mark J
Bought by
Ray William B

Purchase Details

Closed on
May 26, 2005
Sold by
Wall Randy L and Wall Ann B
Bought by
Loomis Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,920
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2004
Sold by
Atlantic Coast Condominiums Inc
Bought by
Wall Randy L and Wall Ann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,250
Interest Rate
5.49%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Manzanares Sarbelio Enrique $84,000 --
Infinity Destinations Inc $83,000 --
William Bland Ray Revocable Tr -- --
Ray William B $174,900 None Available
Loomis Mark J $209,900 --
Wall Randy L $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Manzanares Sarbelio Enrique $72,000
Previous Owner Loomis Mark J $167,920
Previous Owner Wall Randy L $10,250
Previous Owner Wall Randy L $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $84,000 -1.1% $129 / Sq Ft
07/09/2020 07/09/20 Price Changed $84,900 -4.5% $131 / Sq Ft
07/06/2020 07/06/20 Price Changed $88,900 -5.3% $137 / Sq Ft
03/17/2020 03/17/20 Price Changed $93,900 -5.1% $145 / Sq Ft
10/17/2019 10/17/19 For Sale $98,900 +19.2% $152 / Sq Ft
04/18/2018 04/18/18 Sold $83,000 -7.7% $128 / Sq Ft
12/20/2017 12/20/17 For Sale $89,900 -- $138 / 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 $1,635 $9,765 $0 $9,765
2023 $1,635 $9,765 $0 $9,765
2021 $1,508 $9,765 $0 $9,765
2020 $1,438 $9,765 $0 $9,765
2019 $1,438 $9,765 $0 $9,765
2018 $1,293 $8,505 $0 $8,505
2017 $868 $3,300 $0 $3,300
2016 -- $3,300 $0 $3,300
2015 $858 $5,775 $0 $5,775
2014 $834 $3,300 $0 $3,300
Source: Public Records

Agents Affiliated with this Home

  • Bob Schreiber

    Seller's Agent in 2020

    Bob Schreiber

    The Hoffman Group

    (843) 450-1309

    114 Total Sales

    Bob Schreiber
    Section Image
  • Greg Warren

    Buyer's Agent in 2020

    Greg Warren

    BeachConnection Realty

    (843) 655-5919

    305 Total Sales

    Greg Warren
    Section Image
  • Jo Koch

    Seller's Agent in 2018

    Jo Koch

    Resourceful Realty

    (843) 997-1623

    11 Total Sales

    Jo Koch
    Section Image
  • Trey Barnes

    Buyer's Agent in 2018

    Trey Barnes

    INNOVATE Real Estate

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1922411

Coastal Carolinas Association of REALTORS®

APN: 44314010220

South Carolina Horry County Myrtle Beach 29577

1501 S Ocean Blvd Unit 747, Myrtle Beach, SC

This home is located at 1501 S Ocean Blvd Unit 747, Myrtle Beach, SC 29577 since 17 October 2019 and is currently estimated at $147,641, approximately $227 per square foot. This property was built in 1996. 1501 S Ocean Blvd Unit 747 is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

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