NOT LISTED FOR SALE

The Oceans 2500 N Ocean Blvd Unit 1108 North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $247,067 - $275,000

1 Bed
1.5 Baths
751 Sq Ft
$462/mo HOA Fee

Last Sold May 13, 2013

Last sale price $98,750 $131 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,999/month

48 Days on Market

Highlights

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

About This Home

As of May 2013

Oceanfront condo located in a building with a keyed elevator. This unit features 1 bedroom 1.5 baths. Furnished and ready to be enjoyed. Great views of the oceanfront from large balcony. Electric, water, basic cable, and insurance are included in the HOA. Sold AS-IS.

Last Agent to Sell the Property

Timothy Gabriel

Gabriel Financial Real Estate License #10663 Listed on: 02/26/2013

Co-Listed By

Lisa Gabriel

Beach Life Real Estate LLC License #56486

Last Buyer's Agent

Cine Hammett

Cine Properties, LLC License #12533

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,922

Year Built

  • Built in 1985

Lot Details

  • Lawn

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 11th floor
  • Steel Siding

Interior Spaces

  • 751 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Shower Only

Home Security

Outdoor Features

  • Balcony

Schools

  • Do Not Use - North Myrtle Beach Elementary School - Inactive
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • 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, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit
  • High-Rise Condominium

Recreation

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,922

Year Built

Built in 1985

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Lawn Maintenance
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 462
  • HOA Management Company: Chicora 843-272-8700
  • Total Heated Sq Ft: 751
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Oceans, The
  • Which Floor: 11
  • Geo Subdivision: SC
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Washer/Dryer, Wshr/Dryer Connection
  • Primary Bathroom: Shower
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Refrigerator, Range
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 751

Exterior Features

  • Exterior Finish: Concrete/Steel

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, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: DO NOT USE - North Myrtle Beach Elementary School - Inactive
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2013
Closed on
May 10, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Paluzi John P
Seller's Agent
Timothy Gabriel
Gabriel Financial Real Estate
Buyer's Agent
Cine Hammett
Cine Properties, LLC
List Price
$110,000
Sold Price
$98,750
Premium/Discount to List
-$11,250
-10.23%
Current Estimated Value
$260,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,017
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Feb 19, 2013
Sold by
Master In Equity Horry County
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 12, 2006
Sold by
Garst Barbara M
Bought by
Allen Phillip H and Brooks Ashley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2002
Sold by
Meriwether Edward D and Meriwether Beth C
Bought by
Garst Philip A and Garst Barbara M

Purchase Details

Closed on
Jul 9, 2001
Sold by
Fillmore Phyliss L
Bought by
Meriwether Edward D and Meriwether Beth C

Purchase Details

Closed on
Jan 12, 2000
Sold by
Mccathren Millicent F
Bought by
Fillmore Phyllis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Paluzi John P $98,750 --
Federal Home Loan Mortgage Corporation $110,000 --
Allen Phillip H $285,000 None Available
Garst Philip A $120,000 --
Meriwether Edward D $106,900 --
Fillmore Phyllis L $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Phillip H $285,000
Previous Owner Fillmore Phyllis L $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2013 05/13/13 Sold $98,750 -10.2% $131 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $110,000 -- $146 / 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 $1,922 $16,800 $0 $16,800
2023 $1,922 $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 $6,720 $0 $6,720
2016 -- $6,720 $0 $6,720
2015 $1,511 $11,760 $0 $11,760
2014 $1,462 $6,720 $0 $6,720
Source: Public Records

Agents Affiliated with this Home

  • Timothy Gabriel

    Seller's Agent in 2013

    Timothy Gabriel

    Gabriel Financial Real Estate

    (843) 222-5335

    18 Total Sales

    Timothy Gabriel
    Section Image
  • Lisa Gabriel

    Seller Co-Listing Agent in 2013

    Lisa Gabriel

    Beach Life Real Estate LLC

    (843) 446-2031

    2 in this area

    38 Total Sales

    Lisa Gabriel
    Section Image

  • C

    Buyer's Agent in 2013

    Cine Hammett

    Cine Properties, LLC

    Section Image
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About The Oceans

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1303666

Coastal Carolinas Association of REALTORS®

APN: 35502010092

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

2500 N Ocean Blvd Unit 1108, North Myrtle Beach, SC

Not Listed for Sale

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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.

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