NOT LISTED FOR SALE

Estimated Value: $442,000 - $507,000

3 Beds
3 Baths
1,475 Sq Ft
$1,311/mo HOA Fee

Last Sold March 29, 2019

Last sale price $260,000 $176 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,173/month

215 Days on Market

Highlights

  • Penthouse
  • Private Pool
  • Clubhouse
  • Ocean Drive Elementary School Rated A
  • Second Garage
  • Living Room with Fireplace

About This Home

As of March 2019

You don’t want to miss the opportunity to own this beautiful “Gold Tier” 2nd row PENTHOUSE condo at the Prince Resort located in North Myrtle Beach, SC. This top floor unit is completely remodeled and has lavish upgrades throughout. Already ranked top of the line for rentals, penthouse 1935 boasts 1500 sqft of new CORE-TEC scratchproof, waterproof and top of the line flooring in all 3 bedrooms and 3 bathrooms. The kitchen features gorgeous granite countertops with black appliances and a breakfast bar. This unit has two ocean front king suite master bedrooms both with fabulous views of the beach and on suite bathrooms. One master has access to the private balcony and the other one features floor to ceiling windows with endless views. The third bedroom features two double beds and a shared hallway bathroom. All furniture and drapes were upgraded and replaced within the last few years; featuring ambient lighting throughout and a leather pull out sofa and electric fireplace in the living room. All rooms have wall mounted flat screen tv, ceiling fan, and a comfy mattress. It also has ample closet space and a full-size steam front end loading washer and dryer. The HVAC was replaced in 2016 and has a 10-year transferrable warranty. The best part is Prince Resort HOA pays for all amenities and utilities, so consider the HOA payment an all-inclusive payment for EVERYTHING. This unit is on the Elliott Beach Rentals program and has an impressive Gross Rental Income. Prince Resort is known for the historic Cherry Grove Fishing Pier and beautiful unobstructed views of the Atlantic Ocean. There are several water amenities: oceanfront pool, four hot tubs, mushroom waterfall kiddie pool, rooftop swimming pool, and lazy river. Prince Resort also features a weight and cardio room, on-site restaurants, banquet facilities, and children’s activities. There is something for every member of the Family at Prince Resort. This unit would be ideal for a rental investment, family vacation, second home, or primary residence. You won’t believe the views inside and outside from this 19th floor penthouse, until you see them yourself. Be sure to schedule your showing today, because the Seller is very motivated, and this deal will NOT last long.

Last Agent to Sell the Property

The Derrick Legacy Team

EXP Realty LLC Listed on: 07/16/2018

EXP Realty LLC

Co-Listed By

Adrianna Derrick

EXP Realty LLC License #98836

Last Buyer's Agent

Ty Tolerton

Blue Strand Real Estate Group License #62143

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 2006

Lot Details

  • 0.82

HOA Fees

  • $1,311 Monthly HOA Fees

Home Design

  • Penthouse
  • Steel Siding

Interior Spaces

  • 1,475 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • 3 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Garden Bath

Home Security

Parking

  • Garage
  • Second Garage
  • Parking Deck

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
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Property fronts a marsh
  • Flood Zone Lot

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit, telephone service in unit, recycling, internet access, pest control
  • High-Rise Condominium

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Building Details

  • Security

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,805

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,311 per month

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Unit Location: Marsh/Wetlands View, Oceanview-Unit, Penthouse
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Lazy River
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 1311
  • HOA Management Company: Ally Property Management 843-497-3555
  • Living Room Type: Ceiling Fan, Fireplace
  • Lvt Date: 08/02/2018
  • Sold Total Heated Sq Ft: 1475
  • Sold Total Sq Ft: 1525
  • Total Heated Sq Ft: 1475
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanview-Building, Inside City Limits, East Of Bus 17, Second Row Other, Second Row Beach, Marsh View
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Handicap Access, Insulated Doors/Windows, Spa/Hot Tub, Storm Doors, Storm Windows, Additional Garage
  • Gross Annual Rental Incom: $38,000
  • 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: 19
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Elevator-Interior, Fire Sprinkler, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Primary Bathroom: Garden Tub, Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Freezer, Solid Surface Countertops, Garbage Disposal, Microwave, Oven, Pantry, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Linen Closet, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 1525

Exterior Features

  • Exterior Finish: Concrete/Steel

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, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Telephone Service In Unit, 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

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
Jul 16, 2018
Closed on
Mar 29, 2019
Sold by
Dinoff Roland L Co-Trustee
Bought by
Prince Resort Rental Mangmnt
Seller's Agent
The Derrick Legacy Team
EXP Realty LLC
Buyer's Agent
Ty Tolerton
Blue Strand Real Estate Group
List Price
$329,000
Sold Price
$260,000
Premium/Discount to List
-$69,000
-20.97%
Current Estimated Value
$464,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,859
Avg. Annual Appreciation
9.75%
Original Mortgage
$390,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2016
Closed on
May 22, 2017
Sold by
Hamilton William E
Bought by
Dinoff Ronald L and Dinoff Trust
Seller's Agent
Jason A Moore
RE/MAX Southern Shores NMB
Buyer's Agent
Adrianna Derrick
EXP Realty LLC
List Price
$289,700
Sold Price
$275,000
Premium/Discount to List
-$14,700
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%

Purchase Details

Closed on
Sep 26, 2013
Sold by
Compton Jd
Bought by
Hamilton William E

Purchase Details

Closed on
Apr 24, 2012
Sold by
Hsbc Bank
Bought by
Compton J D

Purchase Details

Closed on
Nov 28, 2011
Sold by
Master In Equity Horry County
Bought by
Hsbc Bank

Purchase Details

Closed on
Jul 12, 2007
Sold by
Investment Group Of Nmb Llc
Bought by
Kpea Nomate T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.87%
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 Buyer Sale Price Title Company
Prince Resort Rental Mangmnt $260,000 --
Dinoff Ronald L $275,000 --
Hamilton William E $255,000 --
Hamilton William E $255,000 --
Compton J D $175,000 --
Hsbc Bank $130,000 --
Kpea Nomate T $610,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Prince Resort Rental Mangmnt $390,000
Previous Owner Kpea Nomate T $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $260,000 -5.5% $176 / Sq Ft
11/10/2018 11/10/18 Price Changed $275,000 -8.0% $186 / Sq Ft
10/09/2018 10/09/18 Price Changed $299,000 -9.1% $203 / Sq Ft
07/16/2018 07/16/18 For Sale $329,000 +19.6% $223 / Sq Ft
05/22/2017 05/22/17 Sold $275,000 -5.1% $183 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $289,700 -- $193 / 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 $3,805 $26,775 $0 $26,775
2023 $3,805 $26,775 $0 $26,775
2021 $3,462 $26,775 $0 $26,775
2020 $3,424 $26,775 $0 $26,775
2019 $2,915 $23,625 $0 $23,625
2018 $0 $28,245 $0 $28,245
2017 $0 $13,500 $0 $13,500
2016 -- $13,500 $0 $13,500
2015 $3,035 $23,625 $0 $23,625
2014 $2,938 $13,500 $0 $13,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1816265

Coastal Carolinas Association of REALTORS®

APN: 35114040161