$97,000
SOLD FEB 18, 2025
-- Bed
1 Bath
414 Sq Ft
$775/mo HOA Fee

Recently Sold

$234 Per Sq Ft

33% Below List Price

414 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Rectangular Lot
  • Private Pool
  • Balcony
  • Carpet

About This Home

As of February 2025

This newly renovated efficiency unit offers an incredible opportunity for those seeking their own beachfront retreat for relaxing and fun or for a great investment opportunity. Not a part of the bulk uplift! This unit provides amazing ocean front views and direct access to the outdoor pool. You can literally walk from your balcony directly to the pool!!! This well designed unit maximizes every square foot, creating a versatile area that combines living, dining, and sleeping quarters. As a resident of the Compass Cove Resort, you can take advantage of the multiple pools, hot tubs, lazy river, shuffleboard, sundeck, fitness facilities and game room. The resort also offers on-site dining options and concierge service. With this prime location you'll have endless opportunities for entertainment, dining, shopping and all Myrtle Beach has to offer!!!!

Last Agent to Sell the Property

Christopher Baisden

Ocean Front Guru Real Estate License #102612 Listed on: 12/04/2023

Last Buyer's Agent

michele Blase

North Beach Realty License #51741

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Ocean Front

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

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

Interior Spaces

  • 1 Full Bathroom
  • 414 Sq Ft Home
  • Furnished
  • Window Treatments
  • Microwave

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Private Pool

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, security, rec. facilities, legal and accounting, primary antenna/cable TV, common maint/repair, electric in unit, telephone service in unit, internet access, pest control
  • High-Rise Condominium

Recreation

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$775 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1972
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit
  • Monthly HOA as Calculated: 775
  • HOA Management Company: Ally Mgt 843-497-3555
  • Lvt Date: 12/04/2023
  • Total Heated Sq Ft: 414
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Pool-Indoor Private
  • Gross Annual Rental Incom: 2021 - $26,778
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Schooner At Compass Cove - Mb South
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1972

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Furnished
  • Kitchen Type: Refrigerator, Microwave
  • Bedrooms: Efficiency
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 414
  • Bathroom Features:Shared Primary Bath: Vanity, Tub/Shower Combo

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

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, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Primary Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Telephone Service In Unit, Internet Access, Pest Control

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
Dec 4, 2023
Closed on
Feb 18, 2025
Sold by
Grant Gary A
Bought by
Aurum Holdings Llc
Seller's Agent
Christopher Baisden
Ocean Front Guru Real Estate
Buyer's Agent
michele Blase
North Beach Realty
List Price
$145,000
Sold Price
$97,000
Premium/Discount to List
-$48,000
-33.1%
Views
92
Current Estimated Value
$109,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,770
Avg. Annual Appreciation
16.07%

Purchase Details

Closed on
Jun 28, 2006
Sold by
Gregory Raymond W
Bought by
Grant Gary A and Grant Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 17, 2005
Sold by
Schooner Oceanfront Tower Development In
Bought by
Gregory Raymond W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,155
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $97,000 --
Deed $169,900 None Available
Deed $114,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,900 Unknown
Previous Owner $109,155 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2025 02/18/25 Sold $97,000 -16.3% $234 / Sq Ft
12/31/2024 12/31/24 Price Changed $115,900 -3.3% $280 / Sq Ft
10/19/2024 10/19/24 Price Changed $119,900 -5.5% $290 / Sq Ft
06/10/2024 06/10/24 Price Changed $126,900 -4.2% $307 / Sq Ft
02/27/2024 02/27/24 Price Changed $132,500 -8.6% $320 / Sq Ft
12/04/2023 12/04/23 For Sale $145,000 -- $350 / 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 $1,528 $9,000 $0 $9,000
2023 $1,528 $9,135 $0 $9,135
2021 $1,410 $9,135 $0 $9,135
2020 $1,345 $9,135 $0 $9,135
2019 $1,345 $9,135 $0 $9,135
2018 $1,373 $9,030 $0 $9,030
2017 $1,357 $5,160 $0 $5,160
2016 -- $5,160 $0 $5,160
2015 $1,342 $9,030 $0 $9,030
2014 $1,304 $5,160 $0 $5,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2324445

Coastal Carolinas Association of REALTORS®

APN: 445-02-01-0111