NOT LISTED FOR SALE

Estimated Value: $262,000 - $294,000

1 Bed
1 Bath
522 Sq Ft
$569/mo HOA Fee

Last Sold February 25, 2016

Last sale price $168,000 $322 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,237/month

209 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Elevator
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Balcony

About This Home

As of February 2016

Rarely are one of these unit types listed at the Prince Resort in Phase I. This is currently the only one. One reason is the lack of them there, and the other is the incredible rental income they produce. This 18th floor unit is situated right in the middle of the building in line with the pier. The spacious balcony makes for a perfect place to relax and watch the sun set and rise. Also, no better place to see the 4th of July fireworks either that are set off at the end of the pier. It comes completely furnished and is ready to go. The bathroom features a deep garden tub, and the kitchen is actually a "full size" kitchen and not a galley. This is larger than most 1BR's at almost 750 heated square feet. Come and see for yourself!!!

Last Agent to Sell the Property

Jason A Moore

RE/MAX Southern Shores NMB License #60206 Listed on: 06/18/2015

RE/MAX Southern Shores NMB

Last Buyer's Agent

Mary Adams

Award SC Homes License #56803

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 2007

HOA Fees

  • $569 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 522 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Balcony
  • Ocean Front

Community Details

Overview

  • High-Rise Condominium

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,088

Year Built

Built in 2007

Lot Details

0

HOA Fees

$569 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Estimated Year Built: 2007
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 569
  • HOA Management Company: Ally Property Mgmt 497-3555
  • Living Room Type: Ceiling Fan
  • Sold Total Heated Sq Ft: 522
  • Sold Total Sq Ft: 572
  • Total Heated Sq Ft: 522
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Spa/Hot Tub
  • Gross Annual Rental Incom: $32,400 2014 Average
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Prince Resort - Phase I - Cherry Grove
  • Rental Mgmt Contract: Yes
  • Which Floor: 12
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 572

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Private Grg

Utilities

  • Water Heater: Electric

Schools

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

Lot Info

  • Zoning: MULT

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
Jun 18, 2015
Closed on
Feb 24, 2016
Sold by
Williams Todd A
Bought by
Canupp Patrick W
Seller's Agent
Jason A Moore
RE/MAX Southern Shores NMB
Buyer's Agent
Mary Adams
Award SC Homes
List Price
$179,900
Sold Price
$168,000
Premium/Discount to List
-$11,900
-6.61%
Current Estimated Value
$274,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,202
Avg. Annual Appreciation
5.25%
Original Mortgage
$117,600
Outstanding Balance
$97,127
Interest Rate
4.62%
Estimated Equity
$175,895

Purchase Details

Closed on
Aug 18, 2008
Sold by
Mccollum David M
Bought by
Williams Todd A

Purchase Details

Closed on
Mar 6, 2007
Sold by
Strand Investment Group Of Nmb Llc
Bought by
Mccollum David M and Mccollum Jill D
Source: Public Records

Range of Values:

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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
Canupp Patrick W $168,000 --
Williams Todd A $180,000 --
Mccollum David M $359,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canupp Patrick W $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $168,000 -6.6% $322 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
06/18/2015 06/18/15 For Sale $179,900 -- $345 / 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 $2,088 $14,700 $0 $14,700
2023 $2,088 $14,700 $0 $14,700
2021 $1,901 $14,700 $0 $14,700
2020 $1,880 $14,700 $0 $14,700
2019 $1,814 $14,700 $0 $14,700
2018 $0 $13,335 $0 $13,335
2017 $1,728 $7,620 $0 $7,620
2016 -- $7,620 $0 $7,620
2015 $1,713 $13,335 $0 $13,335
2014 $1,658 $7,620 $0 $7,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1512491

Coastal Carolinas Association of REALTORS®

APN: 35114040326