NOT LISTED FOR SALE

1600 S Ocean Blvd Unit 126 Myrtle Beach, SC 29577

Estimated Value: $65,216 - $89,000

1 Bed
1 Bath
365 Sq Ft
$418/mo HOA Fee

Last Sold December 20, 2019

Last sale price $42,000 $115 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $893/month

13 Days on Market

Highlights

  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Rear Porch
  • Sitting Area In Primary Bedroom
  • Furnished
  • Bathroom on Main Level

About This Home

As of December 2019

If you love the salt life, then this is the perfect place for you! Come take a stroll on the beach whenever your heart desires! This 1st floor condo is located in the Wave Rider Resort, which is on the 2nd row in Myrtle Beach! This fully-furnished unit would make a great second home, rental investment, or full-time residence. There are no stairs, so the unit is easily accessible. You can walk directly out the back and jump straight into the pool! This condo has been recently remodeled, and the seller is offering a home warranty for extra peace of mind. The laminate flooring was installed this year, all of the furniture was replaced, and a new microwave was added. This condo has been freshly painted and there is ceramic tile in all the wet areas. The kitchen has been fully stocked with pots/pans, utensils, and a coffee pot. There is plenty of space to lounge by the pool and sip on your favorite exotic cocktail. The resort has a large pool along with a lazy river and Shuffleboard! So, come sit back, relax, and enjoy the ocean breeze from your patio while the hoa takes care of everything for you! The hoa fees include: insurance, electricity in the unit, cable, internet, trash pickup, pest control, landscaping, and water/sewer. Owners are allowed to have pets, and motorcycles are allowed as well. The Wave Rider is close to everything that the Grand Strand has to offer! Market Common, Broadway at the Beach, and The Boardwalk are only a few minutes away! This is truly a must-see and you don’t want to miss out! Schedule your showing today! Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Amy Randall

CB Sea Coast Advantage MI License #96258 Listed on: 11/27/2019

Last Buyer's Agent

Amy Randall

CB Sea Coast Advantage MI License #96258 Listed on: 11/27/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $843

Year Built

  • Built in 1967

Lot Details

  • 1.06

HOA Fees

  • $418 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 365 Sq Ft Home
  • Furnished
  • Window Treatments
  • Dining Area
  • Laminate Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Carpet
  • Rear Porch

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, manager, master antenna/cable TV, common maint/repair, electric in unit, telephone service in unit, internet access, pest control
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$843

Year Built

Built in 1967

Lot Details

0

HOA Fees

$418 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Lazy River
  • Estimated Year Built: 1967
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Electric, Window/Wall Unit
  • Monthly HOA as Calculated: 418
  • HOA Management Company: TRADD/843-839-9777
  • Home Warranty: Yes
  • Lvt Date: 11/27/2019
  • Provider Company: 2-10 Home Warranty
  • Sold Total Heated Sq Ft: 365
  • Sold Total Sq Ft: 450
  • Total Heated Sq Ft: 365
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanview-Building, Inside City Limits, East Of Bus 17, Second Row Beach, East Of Highway 17 Bypass
  • Exterior Unit Features: Pool-Outdoor Private, Rear Porch, Spa/Hot Tub
  • Gross Annual Rental Incom: $7,379
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Wave Rider Reso
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1967

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Furnished
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Refrigerator, Range, Microwave
  • Master Bedroom Type: 1st Flr Level, Sitting Area
  • Bedrooms: Efficiency
  • Dining Room Type: Area
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 450

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo

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, Pool Service, Landscape/Lawn, Insurance, Manager, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Telephone Service In Unit, Internet Access, Pest Control

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
Nov 27, 2019
Closed on
Dec 20, 2019
Sold by
Fryer Richard M
Bought by
Fuller Frank J and Joanne
Seller's Agent
Amy Randall
CB Sea Coast Advantage MI
Buyer's Agent
Amy Randall
CB Sea Coast Advantage MI
List Price
$47,500
Sold Price
$42,000
Premium/Discount to List
-$5,500
-11.58%
Current Estimated Value
$76,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,304
Avg. Annual Appreciation
10.82%

Purchase Details

Listed on
Mar 22, 2019
Closed on
Apr 12, 2019
Sold by
Plummer Hope Lucinda
Bought by
Fryer Richard M
Seller's Agent
Gay Logg
Beach & Forest Realty
Buyer's Agent
Amy Randall
CB Sea Coast Advantage MI
List Price
$25,000
Sold Price
$29,001
Premium/Discount to List
$4,001
16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.39%

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 22, 2017
Sold by
Winters Paul Eric
Bought by
Fellows Stephen and Fellows Linda
Seller's Agent
Tyler Mann
Beach & Forest Realty
Buyer's Agent
Gay Logg
Beach & Forest Realty
List Price
$23,000
Sold Price
$21,000
Premium/Discount to List
-$2,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Peeler Gary
Bought by
Winters Paul E

Purchase Details

Closed on
Apr 9, 1998
Sold by
W C D C Inc Of Sc
Bought by
G & G Rental Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,400
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Fuller Frank J $42,000 --
Fryer Richard M $29,001 --
Fellows Stephen $21,000 --
Winters Paul E -- --
G & G Rental Properties Inc $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner G & G Rental Properties Inc $40,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2019 12/20/19 Sold $42,000 -11.6% $115 / Sq Ft
11/27/2019 11/27/19 For Sale $47,500 +63.8% $130 / Sq Ft
04/16/2019 04/16/19 Sold $29,001 +16.0% $72 / Sq Ft View Prior Sale
03/22/2019 03/22/19 For Sale $25,000 +19.0% $62 / Sq Ft
03/22/2017 03/22/17 Sold $21,000 -8.7% $47 / Sq Ft View Prior Sale
03/10/2017 03/10/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $23,000 -23.3% $51 / Sq Ft
04/16/2015 04/16/15 For Sale $30,000 +20.0% $67 / Sq Ft
03/31/2015 03/31/15 Sold $25,000 -- $55 / Sq Ft View Prior Sale
03/01/2015 03/01/15 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 $843 $4,500 $0 $4,500
2023 $843 $5,030 $0 $5,030
2021 $775 $5,030 $0 $5,030
2020 $740 $5,030 $0 $5,030
2019 $84 $4,725 $0 $4,725
2018 $0 $2,520 $0 $2,520
2017 $0 $2,625 $0 $2,625
2016 -- $2,625 $0 $2,625
2015 $499 $1,280 $0 $1,280
2014 $485 $1,920 $0 $1,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1925249

Coastal Carolinas Association of REALTORS®

APN: 44314010053