NOT LISTED FOR SALE

501 S Ocean Blvd Unit 707 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $262,000 - $378,000

2 Beds
2 Baths
1,150 Sq Ft
$425/mo HOA Fee

Last Sold November 28, 2018

Last sale price $200,000 $174 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,326/month

216 Days on Market

Highlights

  • Private Pool
  • Furnished
  • Elevator
  • Ocean Drive Elementary School Rated A
  • Solid Surface Countertops
  • Stainless Steel Appliances

About This Home

As of November 2018

BEACH VIEWS...come check out this upgraded unit at Verandas with ALL stainless steel appliances, right in the heart of North Myrtle Beach nestled on the coast of the Atlantic ocean. Take a walk down to the Cherry Grove fishing pier or a stroll down to Main street in Ocean Drive where all the great restaurants, shopping, concerts and shagging clubs are located! This can be your second home away from home and feel the Ocean breeze blowing in the air, sitting on the balcony watching the ocean waves crash onto the shore.... Bring me an offer and we can make this your NEW HOME!!!

Last Agent to Sell the Property

Ashley Wiggins

CENTURY 21 Thomas License #60869 Listed on: 03/08/2018

CENTURY 21 Thomas

Last Buyer's Agent

Edward "Eddie" Marshall

CENTURY 21 Boling & Associates License #18590

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • 0.45

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Entry on the 7th floor
  • Steel Siding
  • Tile

Interior Spaces

  • 1,150 Sq Ft Home
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

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
  • Flood Zone Lot

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
  • High-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee
  • Estimated Year Built: 1999
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 425
  • HOA Management Company: Pinnacle 843-449-8103
  • Lvt Date: 03/09/2018
  • Sold Total Heated Sq Ft: 1150
  • Sold Total Sq Ft: 1200
  • Total Heated Sq Ft: 1150
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Verandas, The - Nmb
  • Rental Mgmt Contract: Yes
  • Which Floor: 07
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Bedroom 1: 15x11
  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Elevator-Interior, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Kitchen: 8x11
  • Living Room: 18x12
  • Master Bedroom: 14x12
  • Other Rooms: Foyer
  • Primary Bathroom: Double Sink
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range Hood, Range, Stainless Steel Apps.
  • Master Bedroom Type: Walk-In Closet
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Total Sq Ft: 1200

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

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

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
Mar 8, 2018
Closed on
Nov 28, 2018
Sold by
Ghosh Kalyan K Tr
Bought by
Miller William S and Miller Margaret A
Seller's Agent
Ashley Wiggins
CENTURY 21 Thomas
Buyer's Agent
Edward "Eddie" Marshall
CENTURY 21 Boling & Associates
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Current Estimated Value
$320,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,042
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Jun 9, 2004
Sold by
Becker June A and June A Becker Revocable Trust
Bought by
Ghosh Kalyan K and Ghosh Abha P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.25%
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
Miller William S $200,000 --
Ghosh Kalyan K $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghosh Kalyan K $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $200,000 -6.8% $174 / Sq Ft
07/24/2018 07/24/18 Price Changed $214,500 -2.5% $187 / Sq Ft
03/08/2018 03/08/18 For Sale $220,000 -- $191 / 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 -- $22,260 $0 $22,260
2023 $2,449 $18,690 $0 $18,690
2021 $2,417 $18,690 $0 $18,690
2020 $2,390 $18,690 $0 $18,690
2019 $2,306 $18,690 $0 $18,690
2018 $0 $18,690 $0 $18,690
2017 $2,422 $10,680 $0 $10,680
2016 -- $10,680 $0 $10,680
2015 $2,401 $18,690 $0 $18,690
2014 $2,324 $10,680 $0 $10,680
Source: Public Records

Agents Affiliated with this Home

  • Ashley Wiggins

    Seller's Agent in 2018

    Ashley Wiggins

    CENTURY 21 Thomas

    (843) 520-6163

    11 in this area

    48 Total Sales

    Ashley Wiggins
    Section Image

  • E

    Buyer's Agent in 2018

    Edward "Eddie" Marshall

    CENTURY 21 Boling & Associates

See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1805162

Coastal Carolinas Association of REALTORS®

APN: 35609020329

South Carolina Horry County North Myrtle Beach 29582 Ocean Drive

501 S Ocean Blvd Unit 707, North Myrtle Beach, SC

This home is located at 501 S Ocean Blvd Unit 707, North Myrtle Beach, SC 29582 since 08 March 2018 and is currently estimated at $320,042, approximately $278 per square foot. This property was built in 1999. 501 S Ocean Blvd Unit 707 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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