NOT LISTED FOR SALE

3601 N Ocean Blvd Unit 1831 PRINCE RESOR North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $230,000 - $251,000

1 Bed
1 Bath
479 Sq Ft
$537/mo HOA Fee

Last Sold June 06, 2022

Last sale price $248,000 $518 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,055/month

3 Days on Market

Highlights

  • Creek or Stream View
  • End Unit
  • Solid Surface Countertops
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Community Pool

About This Home

As of June 2022

Breathtaking views from all directions in this well appointed 1 bedroom/1 bath corner unit in the Prince Resort. Both the ocean and the inlet/marsh are visible from the main living areas and the bedroom. Spacious kitchen area and washer/dryer available in the unit. Very private balcony for taking in the scenery. The unit itself has been renovated with newer flooring, drapes, fans, and appliances, and has a Gold level rating, which is the highest level in the building. The resort itself offers wonderful amenities including pools, lazy river, fitness room, and indoor/outdoor dining options. Come and see this unit soon as it certainly will not be on the market for long!!!

Last Agent to Sell the Property

The Clem Team

RE/MAX Southern Shores NMB Listed on: 04/21/2022

RE/MAX Southern Shores NMB

Co-Listed By

Mandy Dunlap

RE/MAX Southern Shores NMB License #8874

Last Buyer's Agent

Gwenna Albrecht

S.H. June & Associates, LLC License #99291

S.H. June & Associates, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 2006

Lot Details

  • 0.82

HOA Fees

  • $537 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 18th floor
  • Slab Foundation
  • Steel Siding

Interior Spaces

  • 479 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Creek or Stream Views
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Garden Bath

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
  • End Unit

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, electric in unit, internet access
  • High-Rise Condominium

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,984

Year Built

Built in 2006

Lot Details

0

HOA Fees

$537 per month

Listing Details

  • Unit Location: End Unit, Inlet/Creek View, Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 537
  • HOA Management Company: Ally - 843-497-3555
  • Living Room Type: Ceiling Fan
  • Lvt Date: 04/21/2022
  • Sold Total Heated Sq Ft: 479
  • Sold Total Sq Ft: 522
  • Total Heated Sq Ft: 479
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanview-Building, Inside City Limits, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 27767 in 2021
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Prince Resort - Phase II - Cherry Grove
  • Rental Mgmt Contract: Yes
  • Which Floor: 18
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Primary Bathroom: Garden Tub, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 1
  • Dining Room Type: Area
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 522

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric

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, Electric In Unit, 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: 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
Apr 21, 2022
Closed on
Jun 4, 2022
Sold by
Tamminen John Lucky Hendric
Bought by
Prince Resort Rental Management Llc
Seller's Agent
The Clem Team
RE/MAX Southern Shores NMB
Buyer's Agent
Gwenna Albrecht
S.H. June & Associates, LLC
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%
Current Estimated Value
$240,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,779
Avg. Annual Appreciation
-0.92%
Original Mortgage
$198,400
Outstanding Balance
$92,443
Interest Rate
5.3%
Mortgage Type
Mortgage Modification
Estimated Equity
$148,098

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 23, 2020
Sold by
Lowe D Mark
Bought by
Tamminen John Lucky Hendric and Tamminen Kimberly Susanne
Seller's Agent
Jason A Moore
RE/MAX Southern Shores NMB
Buyer's Agent
Jason A Moore
RE/MAX Southern Shores NMB
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.72%
Original Mortgage
$90,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2012
Closed on
Oct 11, 2012
Sold by
Lowe D Mark
Bought by
Lowe D Mark
Seller's Agent
Tamara Reid
Ocean Breeze Properties, LLC
Buyer's Agent
Jason A Moore
RE/MAX Southern Shores NMB
List Price
$98,900
Sold Price
$90,000
Premium/Discount to List
-$8,900
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%

Purchase Details

Listed on
Sep 5, 2012
Closed on
Oct 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Lowe D Mark
Seller's Agent
Tamara Reid
Ocean Breeze Properties, LLC
Buyer's Agent
Jason A Moore
RE/MAX Southern Shores NMB
List Price
$98,900
Sold Price
$90,000
Premium/Discount to List
-$8,900
-9%

Purchase Details

Closed on
May 24, 2012
Sold by
Master In Equity Horry County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 1, 2007
Sold by
Strand Investment Group Of Nmb Llc
Bought by
Ounkeo Justin Sommy and Ounkeo Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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
Prince Resort Rental Management Llc $248,000 --
Tamminen John Lucky Hendric $120,000 --
Lowe D Mark -- --
Lowe D Mark $90,000 --
Federal National Mortgage Association $80,000 --
Ounkeo Justin Sommy $202,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prince Resort Rental Management Llc $198,400
Previous Owner Tamminen John Lucky Hendric $90,000
Previous Owner Ounkeo Justin Sommy $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $248,000 -0.8% $518 / Sq Ft
04/21/2022 04/21/22 For Sale $249,900 +108.3% $522 / Sq Ft
11/24/2020 11/24/20 Sold $120,000 0.0% $251 / Sq Ft
10/05/2020 10/05/20 For Sale $120,000 +33.3% $251 / Sq Ft
10/11/2012 10/11/12 Sold $90,000 -9.0% $180 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $98,900 -- $198 / 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 $2,984 $13,800 $0 $13,800
2023 $2,984 $12,600 $0 $12,600
2021 $1,629 $12,600 $0 $12,600
2020 $1,611 $12,600 $0 $12,600
2019 $1,554 $12,600 $0 $12,600
2018 $1,441 $11,025 $0 $11,025
2017 $0 $6,300 $0 $6,300
2016 -- $6,300 $0 $6,300
2015 $1,416 $11,025 $0 $11,025
2014 $1,371 $6,300 $0 $6,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2208509

Coastal Carolinas Association of REALTORS®

APN: 35114040159