$178,000
SOLD FEB 18, 2018

The Oceans 2500 N Ocean Blvd Unit 407 North Myrtle Beach, SC 29582

Cherry Grove Neighborhood
2 Beds
2 Baths
1,151 Sq Ft
$760/mo HOA Fee

Recently Sold

$155 Per Sq Ft

6% Below List Price

1 Day on Market

Highlights

  • Furnished
  • Secured Garage or Parking
  • 4-minute walk to Cherry Grove Oceanfront Park
  • Ocean Drive Elementary School Rated A
  • High-Rise Condominium

About This Home

As of August 2021

This home is located at 2500 N Ocean Blvd Unit 407, North Myrtle Beach, SC 29582 and is currently priced at $178,000, approximately $154 per square foot. This property was built in 1985. 2500 N Ocean Blvd Unit 407 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.

Last Agent to Sell the Property

Cine Hammett

Cine Properties, LLC License #12533 Listed on: 01/31/2018

Last Buyer's Agent

Cine Hammett

Cine Properties, LLC License #12533 Listed on: 01/31/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,929

Year Built

  • Built in 1985

HOA Fees

  • $760 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Steel Siding

Interior Spaces

  • 1,151 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Secured Garage or Parking

Schools

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

Community Details

  • High-Rise Condominium

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,929

Year Built

Built in 1985

Lot Details

0

HOA Fees

$760 per month

Listing Details

  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 760
  • HOA Management Company: Waccamaw Mgmt
  • Lvt Date: 02/01/2018
  • Provider Company: Grand Strand Resort
  • Sold Total Heated Sq Ft: 1151
  • Sold Total Sq Ft: 1201
  • Total Heated Sq Ft: 1151
  • Building Style: Hi-Rise 7+ Stories
  • Gross Annual Rental Incom: 22,000. +
  • HOA Fees include insurance: Yes
  • Project Section Code: Oceans, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 04
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Sq Ft: 1201

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Schools

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

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • 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
Jun 22, 2021
Closed on
Aug 26, 2021
Sold by
Hatcher Richard Earl Jr Tr
Bought by
Wineland Kenneth and Wineland Barbara
Seller's Agent
Cine Hammett
Cine Properties, LLC
Buyer's Agent
Clint Ayers
The Hoffman Group
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$392,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,314
Avg. Annual Appreciation
2.82%

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 19, 2018
Sold by
Carter Willie Terrell
Bought by
Hatcher Richard Earl Jr Tr and Reh Solo 401K Trust
Seller's Agent
Cine Hammett
Cine Properties, LLC
Buyer's Agent
Cine Hammett
Cine Properties, LLC
List Price
$190,000
Sold Price
$178,000
Premium/Discount to List
-$12,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Listed on
Feb 1, 2013
Closed on
Aug 26, 2016
Sold by
Rizk Marlene B
Bought by
Carter Willie T and Carter Jeitie L
Seller's Agent
Cine Hammett
Cine Properties, LLC
Buyer's Agent
Jennifer Mullen
Realty ONE Group Dockside
List Price
$173,000
Sold Price
$155,000
Premium/Discount to List
-$18,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$139,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Rizk Joseph
Bought by
Rizk Marlene B

Purchase Details

Closed on
Jun 10, 1998
Sold by
Ghassemieh Mohammad B and Ghassemieh Claudia S
Bought by
Rizk Joseph and Rizk Marlene B
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $350,000 --
Warranty Deed $178,000 --
Warranty Deed $155,000 --
Quit Claim Deed -- None Available
Warranty Deed $128,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $139,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $350,000 0.0% $304 / Sq Ft
06/22/2021 06/22/21 For Sale $350,000 +96.6% $304 / Sq Ft
02/18/2018 02/18/18 Sold $178,000 -6.3% $155 / Sq Ft
01/31/2018 01/31/18 For Sale $190,000 +22.6% $165 / Sq Ft
08/29/2016 08/29/16 Sold $155,000 -10.4% $135 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
02/01/2013 02/01/13 For Sale $173,000 -- $150 / 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 $4,929 $22,800 $0 $22,800
2023 $4,929 $18,270 $0 $18,270
2021 $5,241 $18,270 $0 $18,270
2020 $2,336 $18,270 $0 $18,270
2019 $2,254 $18,270 $0 $18,270
2018 $2,059 $15,750 $0 $15,750
2017 $2,041 $9,000 $0 $9,000
2016 $0 $9,600 $0 $9,600
2015 -- $16,800 $0 $16,800
2014 $2,089 $9,600 $0 $9,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cine Hammett

    Cine Properties, LLC

    Section Image
  • Clint Ayers

    Buyer's Agent in 2021

    Clint Ayers

    The Hoffman Group

    (843) 283-7155

    12 in this area

    252 Total Sales

    Clint Ayers
    Section Image
  • Jennifer Mullen

    Buyer's Agent in 2016

    Jennifer Mullen

    Realty ONE Group Dockside

    (843) 446-2378

    1 in this area

    94 Total Sales

    Jennifer Mullen
    Section Image
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About The Oceans

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1802187

Coastal Carolinas Association of REALTORS®

APN: 35502010051

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

2500 N Ocean Blvd Unit 407, North Myrtle Beach, SC

This home is located at 2500 N Ocean Blvd Unit 407, North Myrtle Beach, SC 29582 and is currently priced at $178,000, approximately $154 per square foot. This property was built in 1985. 2500 N Ocean Blvd Unit 407 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.

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