NOT LISTED FOR SALE

The Oceans 2500 N Ocean Blvd Unit The Oceans 511 North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $272,000 - $311,202

1 Bed
1.5 Baths
784 Sq Ft
$439/mo HOA Fee

Last Sold March 12, 2024

Last sale price $319,000 $407 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,242/month

Highlights

  • Ocean Front
  • Private Pool
  • Furnished
  • Ocean Drive Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • 4-minute walk to Cherry Grove Oceanfront Park

About This Home

As of March 2024

Welcome to the epitome of coastal luxury living at The Oceans in the sought-after Cherry Grove section of North Myrtle Beach! This top-of-the-line beach haven 1-bedroom condo is a masterpiece of attention to detail, boasting a plethora of exquisite features that redefine seaside elegance. Newly installed luxury vinyl flooring throughout except in your carpeted bedroom. The kitchen contains fully custom cabinetry, marble countertops, extra quiet dishwasher, pull out wire shelving in all cabinets, custom end cabinet for stemware, and foldable island. The ceilings of the condo have a orange peel texture installed to decrease noise, hide imperfections, and adds depth to the rooms. Bathrooms are equipped with power flush commodes, heavy duty towel hooks, and a luxury walk in shower! Living room contains a comfy sofa that also turns into a bed. Lastly, entering the condo you will be greeted with double heavy duty hooks for beach chairs and bags along with pull out dryer racks for any towels or clothes. The design of this condo will comfortably accommodate any renters but will not discriminate those looking for a perfect place to call home! Do not miss out and book your private showing today.

Last Agent to Sell the Property

Jordan Rye

Century 21 The Harrelson Group License #3618347 Listed on: 02/01/2024

Century 21 The Harrelson Group

Last Buyer's Agent

Blanche Welborn

INNOVATE Real Estate License #95764

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1985

Lot Details

HOA Fees

  • $439 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 784 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Family or Dining Combination
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Sitting Area In Primary Bedroom
  • Linen Closet
  • Single Vanity
  • Shower Only

Home Security

Parking

  • Secured Garage or Parking

Outdoor Features

  • Private Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 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, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, recycling, internet access, pest control
  • High-Rise Condominium

Recreation

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Elevator
  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,058

Year Built

Built in 1985

Lot Details

0

HOA Fees

$439 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 439
  • HOA Management Company: Waccamaw Management 843 903-9551
  • Lvt Date: 02/01/2024
  • Sold Total Heated Sq Ft: 784
  • Sold Total Sq Ft: 784
  • Total Heated Sq Ft: 784
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior
  • Project Section Code: Oceans, The
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Furnished, Enter Through Foyer
  • Other Rooms: Laundry/Utility
  • Primary Bathroom: Shower, Vanity, Half Bath
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Work Island, Breakfast Bar, Oven, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Sitting Area, Linen Closet
  • Bedrooms: 1
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 784

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Zoning: AE

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • 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 1, 2024
Closed on
Mar 11, 2024
Sold by
Ogburn Sandra Kay Chandler
Bought by
Mastroianni Richard C and Mastroianni Tamara L
Seller's Agent
Jordan Rye
Century 21 The Harrelson Group
Buyer's Agent
Blanche Welborn
INNOVATE Real Estate
List Price
$319,000
Sold Price
$319,000
Views
15
Current Estimated Value
$292,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,199
Avg. Annual Appreciation
-7.41%
Original Mortgage
$239,250
Outstanding Balance
$236,490
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$52,815

Purchase Details

Listed on
Aug 1, 2016
Closed on
Oct 13, 2016
Sold by
Setzer Terri W
Bought by
Ogburn Sandra K C and Ogburn Richard L
Seller's Agent
Ron Jackson
BH & G Elliott Coastal Living
Buyer's Agent
Pamela Palmiter
Palmiter Real Estate
List Price
$129,000
Sold Price
$121,000
Premium/Discount to List
-$8,000
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$108,900
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1999
Sold by
Hughes Glen R and Hughes Smith W
Bought by
Setzer Logan W and Setzer Terri W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mastroianni Richard C $319,000 --
Ogburn Sandra K C $121,000 --
Setzer Logan W $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastroianni Tamara L $239,250
Previous Owner -- $108,900
Previous Owner Ogburn Sandra K C $108,900
Previous Owner Setzer Logan W $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $319,000 0.0% $407 / Sq Ft
02/01/2024 02/01/24 For Sale $319,000 +163.6% $407 / Sq Ft
10/14/2016 10/14/16 Sold $121,000 -6.2% $161 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $129,000 -- $172 / 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 $2,058 $15,435 $0 $15,435
2023 $2,058 $15,435 $0 $15,435
2021 $1,874 $15,435 $0 $15,435
2020 $1,853 $15,435 $0 $15,435
2019 $1,788 $15,435 $0 $15,435
2018 $0 $12,600 $0 $12,600
2017 $1,633 $7,200 $0 $7,200
2016 $0 $6,720 $0 $6,720
2015 -- $11,760 $0 $11,760
2014 $1,462 $6,720 $0 $6,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2402699

Coastal Carolinas Association of REALTORS®

APN: 35502010064