NOT LISTED FOR SALE

501 S Ocean Blvd Unit 903 The Verandas North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $259,000 - $315,000

1 Bed
1.5 Baths
858 Sq Ft
$388/mo HOA Fee

Last Sold August 08, 2022

Last sale price $290,000 $338 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,186/month

5 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • Furnished
  • Ocean Drive Elementary School Rated A
  • Main Floor Primary Bedroom
  • Lawn

About This Home

As of August 2022

PRISTINE Direct Oceanfront 1 bedroom, 1.5 bathroom condo with breath taking views of the Atlantic ocean! As you enter this unit you will be greeted with a sunshine filled living area and coastal decor giving this condo a true coastal cottage feel. The fully equipped kitchen has been upgraded with beautiful granite countertops and tile flooring throughout. This unit offers a king sized bed, Murphy bed and a sleeper sofa allowing you to sleep up to 6 guests! Sit back relax and sip your morning coffee on your oversized private balcony all while enjoying the wonderful breeze and sounds from the ocean. Enjoy endless vacations at The Verandas in North Myrtle Beach, an oceanfront building with a large swimming pool, hot tub, and lazy river. The Verandas is located within walking distance from Main Street where you will find dining, shopping and entertainment year round, along with a host of parades, concerts and festivals. If you're a member of the SOS, this condo is perfect for your lifestyle! Great for a vacation home or investment property with high occupancy rates! Schedule a showing today!

Last Agent to Sell the Property

Kevin Nguyen

Century 21 Stopper &Associates License #119848 Listed on: 06/29/2022

Century 21 Stopper &Associates

Co-Listed By

Kaylee Miles

NVR Ryan Homes License #126094

Last Buyer's Agent

Patty Townsend

Realty ONE Group DocksideNorth License #29163

Realty ONE Group DocksideNorth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 9th floor
  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 858 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • 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, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
  • High-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,632

Year Built

Built in 1999

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Lazy River
  • Estimated Year Built: 1999
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 388
  • HOA Management Company: Pinnacle 843-449-8103
  • Lvt Date: 06/29/2022
  • Sold Total Heated Sq Ft: 858
  • Sold Total Sq Ft: 908
  • Total Heated Sq Ft: 858
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Insulated Doors/Windows, Outside Storage Detached
  • Gross Annual Rental Incom: $38,680
  • Project Section Code: Verandas, The - Nmb
  • Rental Mgmt Contract: Yes
  • Which Floor: 09
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Laundry/Utility
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Microwave
  • Master Bedroom Type: 1st Flr Level, Vaulted/Cathedral Ceiling
  • Bedrooms: 1
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 908

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access, Pest Control

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
Jun 29, 2022
Closed on
Aug 5, 2022
Sold by
Hoffman Robin William
Bought by
Owens Alicia
Seller's Agent
Kevin Nguyen
Century 21 Stopper &Associates
Buyer's Agent
Patty Townsend
Realty ONE Group DocksideNorth
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$281,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,002
Avg. Annual Appreciation
-1.20%

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 28, 2020
Sold by
Pappadakis Steven R
Bought by
Hoffman Robin William and Hoffman Julie Ann
Seller's Agent
Angie Tavik Team
Century 21 Barefoot Realty
Buyer's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
List Price
$209,900
Sold Price
$202,000
Premium/Discount to List
-$7,900
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.46%

Purchase Details

Closed on
Feb 11, 2004
Sold by
Mcquaid Mark D and Mcquaid Pamela S
Bought by
Cole Frederick B and Cole Elyse N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 7, 2001
Sold by
Laskey John L and Laskey Ann Barbara
Bought by
Mcquaid Mark D and Mcquaid Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
6.97%
Mortgage Type
Unknown
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
Owens Alicia $290,000 --
Hoffman Robin William $202,000 --
Cole Frederick B $178,000 --
Mcquaid Mark D $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Frederick B $142,400
Previous Owner Mcquaid Mark D $112,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $290,000 0.0% $338 / Sq Ft
06/29/2022 06/29/22 For Sale $289,900 +43.5% $338 / Sq Ft
09/29/2020 09/29/20 Sold $202,000 -3.8% $235 / Sq Ft
08/03/2020 08/03/20 For Sale $209,900 +44.8% $245 / Sq Ft
10/16/2014 10/16/14 Sold $145,000 -12.1% $241 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $164,900 -- $274 / 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 $3,632 $16,800 $0 $16,800
2023 $3,632 $20,370 $0 $20,370
2021 $2,634 $20,370 $0 $20,370
2020 $2,162 $16,905 $0 $16,905
2019 $2,086 $16,905 $0 $16,905
2018 $0 $15,015 $0 $15,015
2017 $1,946 $8,580 $0 $8,580
2016 -- $8,580 $0 $8,580
2015 $1,929 $15,015 $0 $15,015
2014 -- $8,340 $0 $8,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2214602

Coastal Carolinas Association of REALTORS®

APN: 35609020345