2500 N Ocean Blvd Unit 1002 Myrtle Beach, SC 29577
Downtown Myrtle Beach NeighborhoodEstimated Value: $420,000 - $492,000
3
Beds
2
Baths
1,248
Sq Ft
$1,120/mo
HOA Fee
Highlights
- Ocean Front
- Central Heating and Cooling System
- High-Rise Condominium
- Furnished
About This Home
As of March 2024Welcome to 2500 N Ocean Blvd, this gorgeous oceanfront condo has endless views of the Atlantic Ocean. This 3 bedroom, 2 bathroom condo at The Palms in Myrtle Beach has endless upgrades. As your enter the 10th floor oceanfront condo you are welcomed by LVP and tile flooring throughout all the rooms and bathroom. The first bedroom welcomes 2 twin beds. As you walk through the condo the 2nd bedroom has its own private balcony with views of the ocean. As you enter the kitchen you are welcomed by granite countertops, views over the breakfast bar of the ocean and custom cabinets. Washer/dryer area was designed in the living room to give more cabinet space. As you pass through the kitchen you will notice the large living room space and dining room area. Enjoy your morning coffer or nightly beverage with two more oceanfront balconies to choose from, both leading off of the living. You will be amazed by the large master suite with a private bathroom, and with its own private balcony with brand new Adirondack furniture set. The Palms resort offers many great amenities for you and your guest to choose from; Large indoor pool, indoor kiddie pool, hot tubs, exercise room, outdoor pool, private lounge area with lawn chairs, a spa and so much more! INVESTORS DREAM - looking for a great investment, second home or vacation home!!! LOCATION, LOCATION walking distances to shops, top named restaurants, the boardwalk, largest ferris wheel on the East Coast, Broadway at the Beach, Convention center, many golf courses, and so much more!! Do not wait, book your showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,949
Year Built
- Built in 1985
Lot Details
- Ocean Front
HOA Fees
- $1,120 Monthly HOA Fees
Parking
- Parking Deck
Home Design
- Steel Siding
Interior Spaces
- 1,248 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Utilities
- Central Heating and Cooling System
- Water Heater
Community Details
- Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, rec. facilities, common maint/repair, internet access, pest control
- High-Rise Condominium
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2023
Closed on
Mar 27, 2024
Sold by
Parson Scott A
Bought by
Peck Sean Michael and Peck Heather Adair
Seller's Agent
Sherman Beach Group
Rowles Real Estate
Buyer's Agent
Christopher Small
CENTURY 21 Broadhurst
List Price
$549,999
Sold Price
$510,000
Premium/Discount to List
-$39,999
-7.27%
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,651
Avg. Annual Appreciation
-7.24%
Original Mortgage
$382,500
Outstanding Balance
$378,539
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$86,427
Purchase Details
Closed on
Sep 24, 2021
Sold by
Ferguson Charles H
Bought by
Parson Scott A and Parson Deborah Lynn
Purchase Details
Closed on
Sep 7, 2004
Sold by
Winters Charles A and Winters Elizabeth
Bought by
Ferguson Charles H and Ferguson Karen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.78%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 18, 2004
Sold by
Armani Mehran Ahmadi
Bought by
Winters Charles A and Winters Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
6.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 29, 2003
Sold by
Lanham Urita K
Bought by
Ahmadi Armani Mehran
Purchase Details
Closed on
Jun 3, 1998
Sold by
Lanham Urita K
Bought by
Lanham Urita K
Similar Homes in Myrtle Beach, SC
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peck Sean Michael | $510,000 | -- | |
| Parson Scott A | $298,000 | -- | |
| Ferguson Charles H | $270,000 | -- | |
| Winters Charles A | $234,000 | -- | |
| Ahmadi Armani Mehran | $179,500 | -- | |
| Lanham Urita K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peck Sean Michael | $382,500 | |
| Previous Owner | Ferguson Charles | $150,000 | |
| Previous Owner | Ferguson Charles H | $279,000 | |
| Previous Owner | Ferguson Charles H | $243,000 | |
| Previous Owner | Winters Charles A | $222,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2024 03/26/24 | Sold | $510,000 | -2.8% | $409 / Sq Ft |
| 01/30/2024 01/30/24 | Price Changed | $524,500 | -2.7% | $420 / Sq Ft |
| 12/12/2023 12/12/23 | Price Changed | $539,000 | -2.0% | $432 / Sq Ft |
| 10/22/2023 10/22/23 | For Sale | $549,999 | -- | $441 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $4,949 | $23,100 | $0 | $23,100 |
| 2023 | $4,949 | $23,100 | $0 | $23,100 |
| 2021 | $4,566 | $23,100 | $0 | $23,100 |
| 2020 | $2,631 | $23,100 | $0 | $23,100 |
| 2019 | $2,631 | $23,100 | $0 | $23,100 |
| 2018 | $0 | $15,540 | $0 | $15,540 |
| 2017 | $2,335 | $8,880 | $0 | $8,880 |
| 2016 | -- | $8,880 | $0 | $8,880 |
| 2015 | $2,309 | $15,540 | $0 | $15,540 |
| 2014 | $2,245 | $8,880 | $0 | $8,880 |
Source: Public Records
Agents Affiliated with this Home
-
Sherman Beach Group
S
Seller's Agent in 2024
Sherman Beach Group
Rowles Real Estate
(717) 778-1554
8 in this area
192 Total Sales
-
Lane Sherman
Seller Co-Listing Agent in 2024
Lane Sherman
Rowles Real Estate
(717) 778-1554
12 in this area
119 Total Sales
-
Christopher Small
Buyer's Agent in 2024
Christopher Small
CENTURY 21 Broadhurst
(843) 997-8000
3 in this area
66 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2321446
APN: 42411040142
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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