$92,500
SOLD MAR 11, 2015

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

Ocean Drive Neighborhood
1 Bed
1 Bath
560 Sq Ft
$211/mo HOA Fee

Recently Sold

$165 Per Sq Ft

19% Below List Price

279 Days on Market

Highlights

  • Private Pool
  • Soaking Tub in Primary Bathroom
  • Lawn
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Elevator

About This Home

As of May 2023

MOTIVATED SELLER!!! This fully furnished 1 bedroom condo has incredible views of the beach and ocean. The 7th floor allows for views over the side buildings. Owner only rented out for a couple of weeks after first buying it in 2012, but otherwise it has only been for personal use. New carpet and padding in Summer 2014. Furniture in great condition. Condo accommodates up to 8 people with the 2 queen beds, a murphy bed, and a sofa sleeper. Check out the low HOA fees compared to other similar condos. Complex boasts an ocean front pool, lazy river and spa/hot tub. Plenty of elevators for less wait time. Parking deck allows for onsite parking. Condo so close to all Ocean Drive has to offer. Just a few blocks to Main Street for shag clubs, arcades, shopping and restaurants.

Last Agent to Sell the Property

Kirk Nobles

RE/MAX Southern Shores NMB License #52854 Listed on: 04/22/2014

RE/MAX Southern Shores NMB

Last Buyer's Agent

Donna Bunting

Realty ONE Group DocksideNorth License #73351

Realty ONE Group DocksideNorth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1999

HOA Fees

  • $211 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Raised Foundation
  • Steel Siding

Interior Spaces

  • 560 Sq Ft Home
  • Furnished
  • Window Treatments
  • Insulated Doors
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Soaking Tub in Primary Bathroom

Home Security

Pool

  • Private Pool
  • Spa

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
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Lawn
  • 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, recycling, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Recycling
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,465

Year Built

Built in 1999

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Lot Description: Designated Flood Zone, 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, Trash Pickup, Internet Access, Lawn Maintenance, Recycling Available, Lazy River
  • Estimated Year Built: 1999
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Electric, Window/Wall Unit
  • Monthly HOA as Calculated: 211
  • HOA Management Company: Pinnacle Real Estate Mgmt: 843-449-8103
  • Sold Total Heated Sq Ft: 560
  • Sold Total Sq Ft: 560
  • Total Heated Sq Ft: 560
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Insulated Doors/Windows, Spa/Hot Tub
  • 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, Fire Sprinkler, Smoke Detector, Washer/Dryer, Furnished
  • Kitchen: 8'x6'6
  • Living Room: 12'4x16'3
  • Master Bedroom: 12'4x15'4
  • Primary Bathroom: Tub
  • Kitchen Type: Garbage Disposal, Microwave, Refrigerator, Range
  • Bedrooms: 1
  • Dining Room Type: Area, Fam/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 560

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Raised Beach

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, Recycling, Internet Access

Schools

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

Lot Info

  • Zoning: RC10

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

Similar Homes in North Myrtle Beach, SC

  • 1100 Possum Trot Rd Unit H136, North Myrtle Beach, SC 29582

    $109,900

    • 1 Bed
    • 1 Bath
    • 445 Sq Ft
    • 1100 Possum Trot Rd
    • Unit H136
    • North Myrtle Beach, SC

    Coastal living at its best! This charming 1-bedroom, 1-bath condo in the heart of North Myrtle Beach offers the perfect getaway or investment opportunity. Located just minutes from the beach, shopping and restaurants. This unit features an open-concept living space filled with natural light and a fully equipped kitchen. New AC unit installed May 2025

    Scott David Milemma Realty LLC

    Section Image
  • 1100 Possum Trot Rd Unit D106, North Myrtle Beach, SC 29582

    $99,990

    • 1 Bed
    • 1.5 Baths
    • 616 Sq Ft
    • 1100 Possum Trot Rd
    • Unit D106
    • North Myrtle Beach, SC

    Don’t miss this beautifully renovated 1-bedroom, 1.5-bathroom first-floor condo located in the desirable Golf & Tennis community at 1100 Possum Trot Rd in North Myrtle Beach! Overlooking the peaceful Possum Trot Golf Course, this unit offers an ideal combination of comfort, location, and value perfect as a primary residence, beach getaway, or investment property. Step inside to a bright and

    Blake Sloan Sloan Realty Group

    Section Image
  • 1100 Possum Trot Rd Unit B-202, North Myrtle Beach, SC 29582

    $89,000

    • 1 Bed
    • 1.5 Baths
    • 616 Sq Ft
    • 1100 Possum Trot Rd
    • Unit B-202
    • North Myrtle Beach, SC

    This North Myrtle Beach condo is a perfect beachside retreat just 0.8 miles from the Atlantic, accessible by golf cart for easy access to all the area has to offer. Located on the second floor, this spacious unit features an open-concept layout with a large living area, two baths, and ROOF added in 2023. Enjoy community amenities like the pool and tennis courts. Conveniently close to Barefoot

    Ashley DeLong RE/MAX Southern Shores

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1407865

Coastal Carolinas Association of REALTORS®

APN: 35609020320