$205,000
SOLD SEP 9, 2024
2 Beds
2 Baths
884 Sq Ft
$785/mo HOA Fee

Recently Sold

$232 Per Sq Ft

18% Below List Price

141 Days on Market

Highlights

  • Furnished
  • Lawn
  • Balcony
  • Ocean Drive Elementary School Rated A
  • Community Pool
  • 4-minute walk to Cherry Grove Oceanfront Park

About This Home

As of September 2024

SECOND ROW 2BR/2BA BEACH CONDO WITH OCEAN VIEWS! Just in time for Spring and Summer! Fully furnished condo in the popular Cherry Grove section of North Myrtle Beach. Enjoy morning coffee while watching the sunrise over the ocean. The main bedroom has ocean views, private bathroom and access to the balcony. This unit has a guest bedroom and full guest bath, washer and dryer closet with hookup and an extra storage closet on the balcony to hold beach chairs and sand buckets. Ocean Terrace is a raised beach building with underneath parking, elevator and outdoor pool. Beach walkways directly across from the building, a short walk to Boulineaus and Cherry Grove restaurants, and only minutes away from Main Street in Ocean Drive and some of the best nightlife and entertainment in NMB. Great location for a beach get-away or investment opportunity. Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

McIntosh Team

Realty ONE Group DocksideNorth Listed on: 03/14/2024

Realty ONE Group DocksideNorth

Last Buyer's Agent

Nancy Richardson

CENTURY 21 Thomas License #49969

CENTURY 21 Thomas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1985

HOA Fees

  • $785 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Vinyl Siding

Interior Spaces

  • 884 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Lawn

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,823

Year Built

Built in 1985

Lot Details

0

HOA Fees

$785 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Owner Allowed Golf Cart
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 785
  • HOA Management Company: Prestige Realty & Property 843-321-9864
  • Lvt Date: 03/14/2024
  • Sold Total Heated Sq Ft: 884
  • Sold Total Sq Ft: 1000
  • Total Heated Sq Ft: 884
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanview-Building, Inside City Limits, East Of Bus 17, Second Row Beach
  • Exterior Unit Features: Balcony, Insulated Doors/Windows
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Terrace - Cherry Grove
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Wshr/Dryer Connection, Furnished
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1000

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, 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 14, 2024
Closed on
Sep 9, 2024
Sold by
Jordan Larry M
Bought by
Horton Timothy
Seller's Agent
McIntosh Team
Realty ONE Group DocksideNorth
Buyer's Agent
Nancy Richardson
CENTURY 21 Thomas
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Total Days on Market
141
Views
126
Current Estimated Value
$222,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,735
Avg. Annual Appreciation
11.54%
Original Mortgage
$155,000
Outstanding Balance
$151,095
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$71,640
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 $205,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $205,000 -14.6% $232 / Sq Ft
04/18/2024 04/18/24 Price Changed $240,000 -4.0% $271 / Sq Ft
03/14/2024 03/14/24 For Sale $250,000 -- $283 / 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 $1,823 $17,325 $0 $17,325
2023 $1,823 $17,325 $0 $17,325
2021 $1,659 $17,325 $0 $17,325
2020 $1,640 $17,325 $0 $17,325
2019 $1,583 $17,325 $0 $17,325
2018 $0 $13,650 $0 $13,650
2017 $1,445 $7,800 $0 $7,800
2016 $0 $7,800 $0 $7,800
2015 -- $13,650 $0 $13,650
2014 $1,386 $7,800 $0 $7,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2406459

Coastal Carolinas Association of REALTORS®

APN: 35501020207