NOT LISTED FOR SALE

The Oceans 2500 N Ocean Blvd Unit 1016 North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $280,000 - $296,000

1 Bed
1.5 Baths
800 Sq Ft
$575/mo HOA Fee

Last Sold May 09, 2023

Last sale price $285,500 $357 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,412/month

14 Days on Market

Highlights

  • Ocean Front
  • End Unit
  • Community Pool
  • Ocean Drive Elementary School Rated A
  • Furnished
  • 4-minute walk to Cherry Grove Oceanfront Park

About This Home

As of May 2023

Beautiful views from this 10th floor end unit. Tastefully decorated with the beach in mind. This 1 bedroom 1.5 bath unit in The Oceans at Cherry Grove Beach. Unobstructed ocean views from the balcony, dining/living area and bedroom. Newer furnishings, granite countertops and luxury plank flooring. Comes fully furnished! Great rental history.

Last Agent to Sell the Property

Lisa Shults

R & R Specialists, LLC License #92170 Listed on: 02/09/2023

Last Buyer's Agent

Tara Gurry

NorthGroup Real Estate LLC License #127283

NorthGroup Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1985

Lot Details

  • End Unit

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 800 Sq Ft Home
  • Furnished
  • Dining Area
  • Luxury Vinyl Tile Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Balcony

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • 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, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,632

Year Built

Built in 1985

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Unit Location: Oceanfront-Unit, End Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Electric
  • Monthly HOA as Calculated: 575
  • HOA Management Company: Waccamaw Management - 843-272-8704
  • Lvt Date: 02/09/2023
  • Sold Total Heated Sq Ft: 800
  • Sold Total Sq Ft: 825
  • Total Heated Sq Ft: 800
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony, Elevator-Exterior
  • Gross Annual Rental Incom: 23790.00 - 2022
  • HOA Fees include insurance: Yes
  • Project Section Code: Oceans, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 10
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Furnished, Enter Through Foyer
  • Primary Bathroom: Vanity, Half Bath, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Work Island, Breakfast Bar, Microwave, Pantry
  • Bedrooms: 1
  • Dining Room Type: Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Sq Ft: 825

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Internet Access, Pest Control

Schools

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

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
Feb 9, 2023
Closed on
May 8, 2023
Sold by
Shults David Alfred
Bought by
Jacobsen James W and Jacobsen 2020 Joint Trust
Seller's Agent
Lisa Shults
R & R Specialists, LLC
Buyer's Agent
Tara Gurry
NorthGroup Real Estate LLC
List Price
$289,000
Sold Price
$285,500
Premium/Discount to List
-$3,500
-1.21%
Views
27
Current Estimated Value
$289,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,644
Avg. Annual Appreciation
1.18%

Purchase Details

Closed on
Sep 16, 2011
Sold by
Mullis Charles W
Bought by
Shults David Alfred

Purchase Details

Closed on
Oct 7, 2005
Sold by
Price Barbara J
Bought by
Mullis Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 22, 1999
Sold by
Layman Harold F
Bought by
Price Robert E and Price Barbara J
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
Jacobsen James W $285,500 --
Shults David Alfred $117,000 --
Mullis Charles W $213,000 --
Price Robert E $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullis Charles W $191,700
Previous Owner Layman Harold F $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $285,500 0.0% $357 / Sq Ft
02/23/2023 02/23/23 Price Changed $285,500 +0.2% $357 / Sq Ft
02/23/2023 02/23/23 Price Changed $285,000 -1.4% $356 / Sq Ft
02/09/2023 02/09/23 For Sale $289,000 -- $361 / 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 $3,632 $15,435 $0 $15,435
2023 $3,632 $15,435 $0 $15,435
2021 $1,749 $15,435 $0 $15,435
2020 $1,730 $15,435 $0 $15,435
2019 $1,669 $15,435 $0 $15,435
2018 $0 $11,760 $0 $11,760
2017 $1,524 $11,760 $0 $11,760
2016 -- $11,760 $0 $11,760
2015 $1,511 $11,760 $0 $11,760
2014 $1,462 $6,720 $0 $6,720
Source: Public Records

Agents Affiliated with this Home

  • Lisa Shults

    Seller's Agent in 2023

    Lisa Shults

    R & R Specialists, LLC

    (828) 461-7611

    2 in this area

    60 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Tara Gurry

    NorthGroup Real Estate LLC

    Section Image
See All Agents

About The Oceans

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2302518

Coastal Carolinas Association of REALTORS®

APN: 35502010087

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

2500 N Ocean Blvd Unit 1016, North Myrtle Beach, SC

This home is located at 2500 N Ocean Blvd Unit 1016, North Myrtle Beach, SC 29582 since 09 February 2023 and is currently estimated at $288,392, approximately $360 per square foot. This property was built in 1985. 2500 N Ocean Blvd Unit 1016 is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

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.

Coastal Carolinas Association of REALTORS® 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.

Nearby Homes