NOT LISTED FOR SALE

5000 N Ocean Blvd Unit H2 North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $291,000 - $331,000

2 Beds
2 Baths
864 Sq Ft
$500/mo HOA Fee

Last Sold March 26, 2021

Last sale price $225,000 $260 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,408/month

About This Home

As of March 2021

This home is located at 5000 N Ocean Blvd Unit H2, North Myrtle Beach, SC 29582 since 25 March 2021 and is currently estimated at $309,500, approximately $358 per square foot. This property was built in 1978. 5000 N Ocean Blvd Unit H2 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.

Last Agent to Sell the Property

Ryan Korros

RE/MAX Southern Shores Listed on: 03/25/2021

RE/MAX Southern Shores

Last Buyer's Agent

Ryan Korros

RE/MAX Southern Shores Listed on: 03/25/2021

RE/MAX Southern Shores

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1978

Lot Details

  • 0.47

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 2nd floor
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Low-Rise Condominium

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,282

Year Built

Built in 1978

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Estimated Year Built: 1978
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Quarterly
  • Monthly HOA as Calculated: 500
  • HOA Management Company: Donna Clelland 910-770-5595
  • Lvt Date: 05/03/2021
  • Sold Total Heated Sq Ft: 864
  • Sold Total Sq Ft: 924
  • Total Heated Sq Ft: 864
  • Building Style: Low-Rise 2-3 Stories
  • HOA Fees include insurance: Yes
  • Project Section Code: Finestere
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1978

Interior Features

  • Furnished: Yes
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Sq Ft: 924

Exterior Features

  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Schools

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

Lot Info

  • Zoning: Multi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Mar 24, 2021
Sold by
Williams Robert E
Bought by
Loughnane Michael and Loughnane Mary Pat
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Ryan Korros
RE/MAX Southern Shores
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$309,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,500
Avg. Annual Appreciation
7.75%
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
Loughnane Michael $225,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $225,000 -10.0% $260 / Sq Ft
03/25/2021 03/25/21 For Sale $250,000 -- $289 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
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 $3,282 $19,560 $0 $19,560
2023 $3,282 $17,850 $0 $17,850
2021 $2,987 $17,850 $0 $17,850
2020 $2,095 $17,850 $0 $17,850
2019 $2,021 $17,850 $0 $17,850
2018 $0 $15,225 $0 $15,225
2017 $0 $8,700 $0 $8,700
2016 $0 $8,700 $0 $8,700
2015 -- $15,225 $0 $15,225
2014 $1,771 $8,700 $0 $8,700
Source: Public Records

Agents Affiliated with this Home

  • Ryan Korros

    Seller's Agent in 2021

    Ryan Korros

    RE/MAX

    (843) 455-6580

    32 in this area

    782 Total Sales

    Ryan Korros
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2109796

Coastal Carolinas Association of REALTORS®

APN: 35216010013

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

5000 N Ocean Blvd Unit H2, North Myrtle Beach, SC

This home is located at 5000 N Ocean Blvd Unit H2, North Myrtle Beach, SC 29582 since 25 March 2021 and is currently estimated at $309,500, approximately $358 per square foot. This property was built in 1978. 5000 N Ocean Blvd Unit H2 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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