NOT LISTED FOR SALE

2200 N Ocean Blvd Unit 1001 Springs Tower North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $595,000 - $928,000

4 Beds
3 Baths
2,600 Sq Ft
$960/mo HOA Fee

Last Sold July 25, 2012

Last sale price $291,500 $112 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,985/month

139 Days on Market

Highlights

  • Ocean Front
  • Living Room with Fireplace
  • Community Pool
  • Ocean Drive Elementary School Rated A
  • Soaking Tub and Shower Combination in Primary Bathroom
  • 1-minute walk to Cherry Grove Oceanfront Park

About This Home

As of July 2012

Views do not get better than this plus a wide open peaceful beach with cool breezes, swimming, fishing, walking, jogging ...just blowing in the wind. Oceanfront in the beautiful Springs Tower, this approx 2600 sq ft condo hosts 4 bedrooms and 3 baths, a double oven kitchen and a fireplace. The best of all worlds, park your car in the parking deck, take a dip in the pool, bike the lazy streets, or shell hunt on the wide, sandy beach of Cherry Grove, it is yours for the taking. A great year round home, vacation home, or investment. >Measurements, Dimensions and Square Footage are estimates, it is the buyers responsibility to verify. It is recommended that buyer have a survery prior to closing. This property is sold as is.

Last Agent to Sell the Property

Tammy Eaves

AllSTARS Realty - Myrtle Beach License #9061 Listed on: 02/02/2012

Last Buyer's Agent

Jerry Pinkas Team

Jerry Pinkas R E Experts

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1985

HOA Fees

  • $960 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 10th floor
  • Steel Siding
  • Tile

Interior Spaces

  • 2,600 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Intercom
  • Breakfast Area or Nook
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub and Shower Combination in Primary Bathroom

Schools

  • Do Not Use - North Myrtle Beach Elementary School - Inactive
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Ocean Front
  • Flood Zone Lot

Community Details

Overview

  • Association fees include water and sewer, trash pickup
  • High-Rise Condominium

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,406

Year Built

Built in 1985

Lot Details

0

HOA Fees

$960 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 960
  • HOA Management Company: Gold Crown Management (843) 445-6007
  • Living Room Type: Fireplace
  • Sold Total Heated Sq Ft: 2600
  • Sold Total Sq Ft: 2900
  • Total Heated Sq Ft: 2600
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Project Section Code: Springs Tower
  • Which Floor: 10
  • Geo Subdivision: SC
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Interior Amenities: Intercom, Smoke Detector, Wshr/Dryer Connection
  • Primary Bathroom: Shower, Tub
  • Kitchen Type: Breakfast Nook
  • Master Bedroom Type: Walk-In Closet
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Sq Ft: 2900

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Water And Sewer, Trash Pickup

Schools

  • Elementary School: DO NOT USE - North Myrtle Beach Elementary School - Inactive
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: DO NOT USE - North Myrtle Beach Elementary School - Inactive
  • 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
Feb 2, 2012
Closed on
Jul 23, 2012
Sold by
Federal National Mortgage Association
Bought by
Rasmussen Dean D
Seller's Agent
Tammy Eaves
AllSTARS Realty - Myrtle Beach
Buyer's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
List Price
$359,000
Sold Price
$291,500
Premium/Discount to List
-$67,500
-18.8%
Current Estimated Value
$737,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,541
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Master In Equity Horry County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 14, 2003
Sold by
Owen Robert H and Owen Diane M
Bought by
Salmon James F and Salmon Lucinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rasmussen Dean D $291,500 --
Federal National Mortgage Association $2,500 --
Salmon James F $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salmon James F $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2012 07/25/12 Sold $291,500 -18.8% $112 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $359,000 -- $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 $1,406 $36,900 $0 $36,900
2023 $1,406 $40,950 $0 $40,950
2021 $1,424 $40,950 $0 $40,950
2020 $4,416 $40,950 $0 $40,950
2019 $4,260 $40,950 $0 $40,950
2018 $3,926 $30,030 $0 $30,030
2017 $3,892 $17,160 $0 $17,160
2016 -- $17,160 $0 $17,160
2015 $3,858 $30,030 $0 $30,030
2014 $3,734 $17,160 $0 $17,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1202122

Coastal Carolinas Association of REALTORS®

APN: 35501020183