NOT LISTED FOR SALE

2209 S Ocean Blvd Myrtle Beach, SC 29577

Estimated Value: $9,238,884

-- Bed
-- Bath
35,400 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 2209 S Ocean Blvd, Myrtle Beach, SC 29577 and is currently priced at $9,238,884, approximately $260 per square foot. 2209 S Ocean Blvd 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Blue Skies Development Llc
Bought by
Indigo Hotel Llc
Current Estimated Value
$9,238,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,272,500
Outstanding Balance
$2,653,038
Interest Rate
6.69%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Dec 30, 2004
Sold by
Akel Essa J and Akel Lila G
Bought by
Akel David E

Purchase Details

Closed on
Feb 17, 2000
Sold by
Lake City Motel Properties Inc
Bought by
Blue Skies Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
8.02%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 1999
Sold by
Planters Warehouse Of Lake Cit
Bought by
Lake City Motel Properties Inc
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.

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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.

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First American

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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.

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Average Value
Not Available
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
Indigo Hotel Llc $3,850,000 --
Akel David E $2,727,662 --
Blue Skies Development Llc $2,606,000 --
Lake City Motel Properties Inc $3,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indigo Hotel Llc $3,272,500
Source: Public Records

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 -- $230,994 $155,250 $75,744
2023 $60,241 $220,503 $143,287 $77,216
2021 $59,579 $266,409 $153,693 $112,716
2020 $56,823 $266,409 $153,693 $112,716
2019 $56,823 $266,409 $153,693 $112,716
2018 $51,003 $191,742 $124,488 $67,254
2017 $44,097 $200,687 $82,992 $117,695
2016 -- $200,687 $82,992 $117,695
2015 $43,594 $127,828 $82,992 $117,695
2014 $42,387 $127,828 $82,992 $117,695
Source: Public Records

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