$385,000
SOLD DEC 19, 2024

501 S Ocean Blvd Unit The Verandas 904 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood
3 Beds
3 Baths
1,715 Sq Ft
$1,988/mo HOA Fee

Recently Sold

$224 Per Sq Ft

29% Below List Price

283 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Community Pool
  • Ocean Drive Elementary School Rated A
  • Solid Surface Countertops
  • Stainless Steel Appliances

About This Home

As of December 2024

MOTIVATED SELLER! Incredible Direct Oceanfront Views! This spacious 3bdrm 3 full bath unit has 1 king bed, 4 queen beds and a pull out sofa for plenty of room for friends and family. New LVP flooring in the bedrooms. The kitchen was just remodeled with quartz countertops, tile backsplash, new stainless steel appliances and professionally painted cabinets.Enjoy your morning coffee or a cocktail at sunset on the huge oceanfront balcony. Great location close to Main Street restaurants and shops. This proven income producer is a great investment property!

Last Agent to Sell the Property

Jill Powell

Century 21 The Harrelson Group Listed on: 02/14/2024

Century 21 The Harrelson Group

Last Buyer's Agent

Kristen Lundy

RE/MAX Southern Shores NMB License #120282

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1999

HOA Fees

  • $1,988 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 1,715 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

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
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Ocean Front

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, security, rec. facilities, 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

$4,028

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,988 per month

Listing Details

  • 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, 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: 1988
  • HOA Management Company: Pinnacle 843-449-8103
  • Lvt Date: 02/14/2024
  • Sold Total Heated Sq Ft: 1715
  • Sold Total Sq Ft: 1950
  • Total Heated Sq Ft: 1715
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 40,500-2023,44,950-2022
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • 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
  • Primary Bathroom: Double Sink, Shower, Garden Tub
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 1950

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, 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, Security, Rec. Facilities, 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
Feb 14, 2024
Closed on
Dec 16, 2024
Sold by
Adkins Rick L
Bought by
Payne Ronald L
Seller's Agent
Jill Powell
Century 21 The Harrelson Group
Buyer's Agent
Kristen Lundy
RE/MAX Southern Shores NMB
List Price
$544,900
Sold Price
$385,000
Premium/Discount to List
-$159,900
-29.34%
Total Days on Market
283
Views
87
Current Estimated Value
$458,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,174
Avg. Annual Appreciation
42.63%

Purchase Details

Closed on
Mar 28, 2005
Sold by
Bradsher John R and Bradsher Shirley W
Bought by
Pickering Pickering Joseph Michael Joseph Michael and Pickering Micevych Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 $385,000 --
Deed $452,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $58,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $385,000 -17.2% $224 / Sq Ft
10/02/2024 10/02/24 Price Changed $464,900 -3.1% $271 / Sq Ft
07/24/2024 07/24/24 Price Changed $479,900 -2.0% $280 / Sq Ft
07/09/2024 07/09/24 Price Changed $489,900 -2.0% $286 / Sq Ft
05/31/2024 05/31/24 Price Changed $499,900 -2.9% $291 / Sq Ft
05/08/2024 05/08/24 Price Changed $514,900 -3.7% $300 / Sq Ft
03/08/2024 03/08/24 Price Changed $534,900 -1.8% $312 / Sq Ft
02/14/2024 02/14/24 For Sale $544,900 +86.6% $318 / Sq Ft
05/31/2017 05/31/17 Sold $292,003 +2.5% $195 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $285,000 -- $190 / 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 $4,028 $28,350 $0 $28,350
2023 $4,028 $28,350 $0 $28,350
2021 $3,666 $28,350 $0 $28,350
2020 $3,626 $28,350 $0 $28,350
2019 $3,498 $28,350 $0 $28,350
2018 $0 $28,350 $0 $28,350
2017 $3,674 $16,200 $0 $16,200
2016 -- $16,200 $0 $16,200
2015 $3,642 $28,350 $0 $28,350
2014 $3,525 $16,200 $0 $16,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2403834

Coastal Carolinas Association of REALTORS®

APN: 35609020317