NOT LISTED FOR SALE

Compass Cove 2401 S Ocean Blvd Unit 1167 Pinnacle Myrtle Beach, SC 29577

Estimated Value: $149,000 - $184,000

1 Bed
1 Bath
501 Sq Ft
$655/mo HOA Fee

Last Sold November 16, 2020

Last sale price $112,000 $224 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,768/month

90 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Main Floor Bedroom
  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished

About This Home

As of November 2020

Awesome 1BR 1BA oceanfront condo at the Compass Cove Pinnacle Resort with fabulous views of the Atlantic Ocean. Condo has granite countertops in kitchen and bath, tastefully decorated. Compass Cove Pinnacle is close to everything the Grand Strand has to offer. Golf,dining,shopping at Market Commons, Broadway at the Beach and close to the BoardWalk and SkyWheel.

Last Agent to Sell the Property

Brian Piercy

ERA Real Estate Modo License #46543 Listed on: 07/02/2020

ERA Real Estate Modo

Co-Listed By

Lisa Lombardo

ERA Real Estate Modo License #83269

Last Buyer's Agent

Tera Smith

Realty ONE Group Dockside License #117640

Realty ONE Group Dockside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,442

Year Built

  • Built in 1985

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $655 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 501 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Entry through bedroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Private Pool

Location

  • Flood Zone Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Water Heater
  • High Speed Internet
  • 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, master antenna/cable TV, common maint/repair, electric in unit, long distance phone, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,442

Year Built

Built in 1985

Lot Details

0

HOA Fees

$655 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, 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, Tenant Allowed Motorcycle, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit, Electric
  • Monthly HOA as Calculated: 655
  • HOA Management Company: Ally Mgt. 843-497-3555
  • Lvt Date: 07/03/2020
  • Sold Total Heated Sq Ft: 501
  • Sold Total Sq Ft: 550
  • Total Heated Sq Ft: 501
  • 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: 2019-$27,928.09
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Compass Cove Pinnacle Oceanfront Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 11
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Enter Through Bedroom
  • Other Rooms: First Floor Bedrooms
  • Primary Bathroom: Tub, Shower, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave, Solid Surface Countertops
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 550

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, 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, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Long Distance Phone, Internet Access

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Intermediate School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Schlosser Jared J
Bought by
Rickies Rentals
Current Estimated Value
$164,546

Purchase Details

Listed on
Mar 8, 2018
Closed on
Mar 23, 2018
Sold by
Montgomery Steven D
Bought by
Skubik Christopher H and Jensen Kristina M
Seller's Agent
Brian Piercy
ERA Real Estate Modo
Buyer's Agent
Brian Piercy
ERA Real Estate Modo
List Price
$120,000
Sold Price
$113,500
Premium/Discount to List
-$6,500
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
May 6, 2005
Sold by
Pinnacle Oceanfront Tower Development In
Bought by
Montgomery Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,990
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Rickies Rentals -- --
Skubik Christopher H $113,500 --
Montgomery Steven D $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlosser Meghan $84,000
Previous Owner Montgomery Steven D $16,990
Previous Owner Montgomery Steven D $135,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $112,000 -2.6% $224 / Sq Ft
07/27/2020 07/27/20 Price Changed $115,000 -2.5% $230 / Sq Ft
07/02/2020 07/02/20 For Sale $117,900 +3.9% $235 / Sq Ft
03/23/2018 03/23/18 Sold $113,500 -5.4% $227 / Sq Ft
03/08/2018 03/08/18 For Sale $120,000 -- $240 / 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 $2,442 $12,075 $0 $12,075
2023 $2,442 $12,075 $0 $12,075
2021 $2,253 $12,075 $0 $12,075
2020 $1,778 $12,075 $0 $12,075
2019 $1,778 $12,075 $0 $12,075
2018 $0 $11,130 $0 $11,130
2017 $1,673 $6,360 $0 $6,360
2016 -- $6,360 $0 $6,360
2015 $1,654 $11,130 $0 $11,130
2014 $1,608 $6,360 $0 $6,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2013540

Coastal Carolinas Association of REALTORS®

APN: 44502040350