$174,630
SOLD MAY 18, 2023

501 S Ocean Blvd Unit The Verandas 708 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood
1 Bed
1 Bath
586 Sq Ft
$388/mo HOA Fee

Recently Sold

$298 Per Sq Ft

13% Below List Price

31 Days on Market

Highlights

  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Balcony
  • Ocean Drive Elementary School Rated A
  • Community Pool
  • Linen Closet

About This Home

As of May 2023

Great Oceanview condo in The Verandas in North Myrtle Beach. This unit again is ocean view and is a 1 bed/ 1 bath fully furnished unit in this ocean oceanfront building on the 7th floor. This unit is a “shotgun-style unit, where you enter the bedroom which has 2 queen beds and a new new HVAC wall unit. Next is the kitchen which is fully equipped with all full-size appliances. The big living room, with a dining area and murphy bed, allows for additional sleeping space. Last but not least is the Oceanview balcony that again is on the 7th floor, so you have beautiful ocean views The Verandas offers an oceanfront outdoor pool, lazy river, hot tub, and private walkway to the beach! All while having low monthly HOA dues. Perfectly situated in the heart of North Myrtle Beach, close to all the Grand Strand's famous dining, shopping, golf, and entertainment attractions. Fantastic investment opportunity or a second home on the beach. Do not miss out on this as it will not last long! Schedule your showing today!

Last Agent to Sell the Property

John Lindstrand

Century 21 The Harrelson Group License #58311 Listed on: 03/20/2023

Century 21 The Harrelson Group

Last Buyer's Agent

Ashlynne Chapman

BeachConnection Realty License #100739

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1999

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Stucco

Interior Spaces

  • 586 Sq Ft Home
  • Furnished
  • Window Treatments
  • Dining Area
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Linen Closet
  • 1 Full Bathroom
  • Entry through bedroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Water Heater
  • Phone Available
  • Cable TV Available

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,465

Year Built

Built in 1999

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Lazy River
  • Estimated Year Built: 1999
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit, Electric
  • Monthly HOA as Calculated: 388
  • HOA Management Company: Pinnacle/843-449-8103
  • Lvt Date: 03/22/2023
  • Sold Total Heated Sq Ft: 586
  • Sold Total Sq Ft: 636
  • Total Heated Sq Ft: 586
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • Project Section Code: Verandas, The - Nmb
  • Which Floor: 07
  • 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 Bedroom
  • Primary Bathroom: Tub, Shower, Vanity
  • Kitchen Type: Garbage Disposal, Refrigerator, Range, Microwave, Range Hood
  • Master Bedroom Type: Linen Closet
  • Bedrooms: 1
  • Dining Room Type: Area
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 636

Exterior Features

  • Exterior Finish: Stucco

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, 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
Mar 20, 2023
Closed on
May 16, 2023
Sold by
Monroe Dianne R
Bought by
Chapman Ashlynne
Seller's Agent
John Lindstrand
Century 21 The Harrelson Group
Buyer's Agent
Ashlynne Chapman
BeachConnection Realty
List Price
$199,900
Sold Price
$174,630
Premium/Discount to List
-$25,270
-12.64%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$130,972
Outstanding Balance
$128,021
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$77,978

Purchase Details

Closed on
Aug 3, 2022
Sold by
Rowland Randall Edward
Bought by
Monroe Dianne R and Rowland Sandra K

Purchase Details

Listed on
Apr 22, 2014
Closed on
Mar 12, 2015
Sold by
Jorstad Rebecca
Bought by
Rowland Randall E
Seller's Agent
Kirk Nobles
RE/MAX Southern Shores NMB
Buyer's Agent
Donna Bunting
Realty ONE Group DocksideNorth
List Price
$114,900
Sold Price
$92,500
Premium/Discount to List
-$22,400
-19.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$74,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2011
Closed on
Jun 13, 2012
Sold by
Dolan Patrick L
Bought by
Bane Janice Susan
Seller's Agent
Jeannie Turner
CENTURY 21 Thomas
Buyer's Agent
Sheri Wooten
CENTURY 21 Thomas
List Price
$99,900
Sold Price
$84,000
Premium/Discount to List
-$15,900
-15.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%

Purchase Details

Closed on
Apr 22, 2003
Sold by
Bhambhani Ashok T
Bought by
Dolan Patrick L and Dolan Paul W

Purchase Details

Closed on
Dec 17, 1999
Sold by
Verandas Llc
Bought by
Bhambhani Ashok T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $174,630 --
Warranty Deed -- --
Warranty Deed $92,500 --
Deed $84,000 --
Deed $88,900 --
Deed $79,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,972 New Conventional
Previous Owner $74,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $214,900 +2.4% $355 / Sq Ft
03/15/2025 03/15/25 Price Changed $209,900 +10.8% $346 / Sq Ft
01/13/2025 01/13/25 For Sale $189,500 +8.5% $313 / Sq Ft
05/18/2023 05/18/23 Sold $174,630 -7.6% $298 / Sq Ft
04/15/2023 04/15/23 Price Changed $189,000 -5.5% $323 / Sq Ft
03/20/2023 03/20/23 For Sale $199,900 +116.1% $341 / Sq Ft
03/11/2015 03/11/15 Sold $92,500 -19.5% $165 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
04/22/2014 04/22/14 For Sale $114,900 +36.8% $205 / Sq Ft
06/13/2012 06/13/12 Sold $84,000 -15.9% $168 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
08/01/2011 08/01/11 For Sale $99,900 -- $199 / 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 $2,465 $11,550 $0 $11,550
2023 $2,465 $11,550 $0 $11,550
2021 $1,421 $11,550 $0 $11,550
2020 $1,405 $11,550 $0 $11,550
2019 $1,356 $11,550 $0 $11,550
2018 $0 $9,555 $0 $9,555
2017 $1,238 $5,460 $0 $5,460
2016 -- $5,460 $0 $5,460
2015 $1,106 $8,610 $0 $8,610
2014 $1,071 $4,920 $0 $4,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2305416

Coastal Carolinas Association of REALTORS®

APN: 35609020320