NOT LISTED FOR SALE

1509 S Ocean Blvd Unit Ocean Front North Myrtle Beach, SC 29582

Crescent Beach Neighborhood

Estimated Value: $1,214,000 - $1,537,000

5 Beds
3 Baths
1,450 Sq Ft
$962/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $775,000 $534 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,361/month

567 Days on Market

Highlights

  • Ocean Front
  • Main Floor Bedroom
  • Front Porch
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Bathroom on Main Level

About This Home

As of July 2018

"The Dog House" is ready to go. Current owners have completed extensive renovations in 2012, including new roof and HVAC. This home is located on an exceptional lot on the ocean front. Although "The Dog House" was never rented by it's current owners, this home is fully furnished and will make an excellent rental property.

Last Agent to Sell the Property

Scott Jackson

Weichert Realtors Southern Coast License #15004 Listed on: 12/19/2016

Weichert Realtors Southern Coast

Last Buyer's Agent

Scott Jackson

Weichert Realtors Southern Coast License #15004 Listed on: 12/19/2016

Weichert Realtors Southern Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,841

Year Built

  • Built in 1957

Lot Details

  • 8,712

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Bi-Level Home

Interior Spaces

  • 1,450 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Front Porch
  • Ocean Front

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,841

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1957
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 12/19/2016
  • Sold Total Heated Sq Ft: 1450
  • Sold Total Sq Ft: 1650
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 4
  • Total Heated Sq Ft: 1450
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Furnished: Yes
  • Interior Amenities: Furnished
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 1650

Exterior Features

  • Exterior Features: Front Porch, Rear Porch, Outside Storage Attached

Garage/Parking

  • Type: Detached

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot
  • Zoning: res

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
Dec 19, 2016
Closed on
Sep 21, 2018
Sold by
Clark Samuel Gordin
Bought by
Clark Samuel Gordin Iii Tr and Kimberly Soter Tr
Seller's Agent
Scott Jackson
Weichert Realtors Southern Coast
Buyer's Agent
Scott Jackson
Weichert Realtors Southern Coast
List Price
$949,900
Sold Price
$775,000
Premium/Discount to List
-$174,900
-18.41%
Current Estimated Value
$1,395,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,101
Avg. Annual Appreciation
8.48%
Original Mortgage
$620,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2016
Closed on
Jul 31, 2018
Sold by
Baker Alfred E
Bought by
Clark Samuel Gordon and Soter Kimberly
Seller's Agent
Scott Jackson
Weichert Realtors Southern Coast
Buyer's Agent
Scott Jackson
Weichert Realtors Southern Coast
List Price
$949,900
Sold Price
$775,000
Premium/Discount to List
-$174,900
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2011
Sold by
Belk B V
Bought by
Baker Alfred E

Purchase Details

Closed on
Aug 22, 2008
Sold by
Oconnell David B
Bought by
Belk B V

Purchase Details

Closed on
Jul 5, 2005
Sold by
Oconnell David B and Smith Randolph M
Bought by
Oconnell David B and Smith Randolph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2005
Sold by
Willimon Sandlapper Llc
Bought by
Oconnell David B and Smith Randolph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2000
Sold by
W & P Willimon Investments
Bought by
Willimon Sandlapper Llc

Purchase Details

Closed on
Jan 15, 1999
Sold by
Willimon William H and Willimon Patricia
Bought by
Willimon William Parker and Willimon Harriet Patricia
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
Clark Samuel Gordin Iii Tr -- --
Clark Samuel Gordon $775,000 --
Baker Alfred E $590,000 --
Belk B V -- --
Oconnell David B $1,500,000 --
Oconnell David B $1,500,000 --
Willimon Sandlapper Llc -- --
W & P Willimon Investments -- --
Willimon William Parker -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Samuel Gordon $620,000
Previous Owner Oconnell David B $1,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $775,000 -6.0% $534 / Sq Ft
03/05/2018 03/05/18 Price Changed $824,900 -2.9% $569 / Sq Ft
02/01/2018 02/01/18 Price Changed $849,900 -2.9% $586 / Sq Ft
10/10/2017 10/10/17 Price Changed $874,900 -7.9% $603 / Sq Ft
12/19/2016 12/19/16 For Sale $949,900 -- $655 / 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 $11,841 $83,994 $76,725 $7,269
2023 $11,841 $47,626 $42,604 $5,022
2021 $10,779 $47,626 $42,604 $5,022
2020 $10,660 $47,626 $42,604 $5,022
2019 $10,283 $47,626 $42,604 $5,022
2018 $9,438 $41,249 $36,263 $4,986
2017 $0 $41,249 $36,263 $4,986
2016 -- $41,249 $36,263 $4,986
2015 $9,273 $41,249 $36,263 $4,986
2014 $8,976 $41,249 $36,263 $4,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1624102

Coastal Carolinas Association of REALTORS®

APN: 35714020150