$121,000
SOLD OCT 14, 2016

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

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

Recently Sold

$161 Per Sq Ft

6% Below List Price

18 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Furnished
  • Ocean Drive Elementary School Rated A
  • Soaking Tub and Shower Combination in Primary Bathroom
  • 4-minute walk to Cherry Grove Oceanfront Park

About This Home

As of March 2024

One of the largest 1 bedroom units in North Myrtle Beach. The Oceans 511 is a direct oceanfront 1 bedroom 1 bath unit that has only been used as a second home. The 5th floor is no too high or too low and has great views of the Atlantic Ocean. The carpet and flooring has recently been replaced. The Oceans 511 is furnished with up to date appliances, and most of the features you would find at home. This unit is conveniently located near the Cherry Grove Pier, shopping, dining, entertainment, golf and much more.

Last Agent to Sell the Property

Ron Jackson

BH & G Elliott Coastal Living License #59565 Listed on: 08/01/2016

Last Buyer's Agent

Pamela Palmiter

Palmiter Real Estate License #65100

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1985

Lot Details

  • Lawn

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 5th floor
  • Raised Foundation
  • Steel Siding

Interior Spaces

  • 751 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Private Pool
  • Balcony

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • 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, master antenna/cable TV, common maint/repair, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,058

Year Built

Built in 1985

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, 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: Waccamaw 843-237-9551
  • Lvt Date: 08/03/2016
  • Sold Total Heated Sq Ft: 751
  • Sold Total Sq Ft: 801
  • 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, Pool-Outdoor Private, Elevator-Exterior
  • HOA Fees include insurance: Yes
  • 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, Fire Sprinkler, Smoke Detector, Furnished, Enter Through Foyer
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 801

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Raised Beach

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, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

Schools

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

Lot Info

  • Zoning: MF

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
Latitude Realty
List Price
$319,000
Sold Price
$319,000
Views
15
Current Estimated Value
$284,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,567
Avg. Annual Appreciation
-7.09%

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

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $319,000 --
Warranty Deed $121,000 --
Warranty Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,900 New Conventional
Previous Owner $87,300 Purchase Money Mortgage
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 $16,800 $0 $16,800
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

  • Jordan Rye

    Seller's Agent in 2024

    Jordan Rye

    Century 21 The Harrelson Group

    (843) 424-1913

    4 in this area

    50 Total Sales

    Jordan Rye
    Section Image
  • Blanche Welborn

    Buyer's Agent in 2024

    Blanche Welborn

    Latitude Realty

    (757) 567-5607

    60 in this area

    145 Total Sales

    Blanche Welborn
    Section Image
  • Ron Jackson

    Seller's Agent in 2016

    Ron Jackson

    BH & G Elliott Coastal Living

    (843) 457-5522

    11 in this area

    64 Total Sales

    Ron Jackson
    Section Image

  • P

    Buyer's Agent in 2016

    Pamela Palmiter

    Palmiter Real Estate

    (843) 995-1161

    12 Total Sales

    Pamela Palmiter
    Section Image
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About The Oceans

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1615786

Coastal Carolinas Association of REALTORS®

APN: 35502010064

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

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

This home is located at 2500 N Ocean Blvd Unit The Oceans 511, North Myrtle Beach, SC 29582 and is currently priced at $121,000, approximately $161 per square foot. This property was built in 1985. 2500 N Ocean Blvd Unit The Oceans 511 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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