NOT LISTED FOR SALE

501 S Ocean Blvd Unit The Verandas 403 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $261,614 - $319,000

1 Bed
1.5 Baths
950 Sq Ft
$309/mo HOA Fee

Last Sold June 01, 2017

Last sale price $164,900 $174 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,981/month

446 Days on Market

Highlights

  • Ocean Front
  • Community Indoor Pool
  • Lawn
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Balcony

About This Home

As of June 2017

PUT ME ON YOUR MUST SEE LIST TODAY! This condo is great for many reasons. A 1 bedroom ocean front, with a murphy bed, in this price range is rare. You have magnificent views of the beautiful Atlantic ocean from your balcony. This is a family or shaggers delight, with in walking distance to all Main St has to offer in North Myrtle Beach. All you need to bring is your clothes and a beach chair. New HVAC with in last 5 yrs, new kitchen appliances, updated flooring and furnishings. Whether you are looking to have your dream of owning your beach home or you are looking for an investment, this condo has it all. Don't let this one slip through your fingers. It won't last long.

Last Agent to Sell the Property

Leah Haywood

BH & G Elliott Coastal Living License #91814 Listed on: 01/19/2016

Last Buyer's Agent

Jeana Burstein

Dreamlife Realty License #49489

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 4th floor
  • Stucco

Interior Spaces

  • 950 Sq Ft Home
  • Furnished
  • Open Floorplan
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Balcony

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
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,402

Year Built

Built in 1999

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1999
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 309
  • HOA Management Company: Pinnacle 843-449-8103
  • Lvt Date: 01/19/2016
  • Sold Total Heated Sq Ft: 950
  • Sold Total Sq Ft: 950
  • Total Heated Sq Ft: 950
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 15,693
  • HOA Fees include insurance: Yes
  • Project Section Code: Verandas, The - Nmb
  • Rental Mgmt Contract: Yes
  • Which Floor: 04
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Furnished: Yes
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Microwave
  • Bedrooms: 1
  • Dining Room Type: Fam/Dr Combo, Kit/Dr Combo
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Sq Ft: 950

Exterior Features

  • Exterior Finish: Stucco

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, 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
Jan 19, 2016
Closed on
May 27, 2017
Sold by
Shute David A
Bought by
Mcmanus Terry R
Seller's Agent
Leah Haywood
BH & G Elliott Coastal Living
Buyer's Agent
Jeana Burstein
Dreamlife Realty
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$277,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,754
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Feb 7, 2003
Sold by
Evola and Bayus
Bought by
Shute David A and Shute Laurie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 2002
Sold by
Evola Todd L
Bought by
Wolczyk Evola and Wolczyk Bayus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.93%
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
Mcmanus Terry R $164,900 --
Shute David A $155,000 --
Wolczyk Evola -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shute David A $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $164,900 0.0% $174 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
01/19/2016 01/19/16 For Sale $164,900 -- $174 / 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 $2,402 $16,800 $0 $16,800
2023 $2,402 $16,905 $0 $16,905
2021 $2,186 $16,905 $0 $16,905
2020 $2,162 $16,905 $0 $16,905
2019 $2,086 $16,905 $0 $16,905
2018 $0 $16,800 $0 $16,800
2017 $1,892 $8,340 $0 $8,340
2016 -- $8,340 $0 $8,340
2015 $1,875 $14,595 $0 $14,595
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: 1601267

Coastal Carolinas Association of REALTORS®

APN: 35609020361