NOT LISTED FOR SALE

501 S Ocean Blvd Unit The Verandas 905 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $598,000 - $614,000

3 Beds
3 Baths
1,661 Sq Ft
$646/mo HOA Fee

Last Sold May 04, 2022

Last sale price $590,000 $355 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,663/month

8 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Furnished
  • Ocean Drive Elementary School Rated A
  • Main Floor Primary Bedroom
  • Lawn

About This Home

As of May 2022

Welcome to the Verandas in North Myrtle Beach! This beautiful 3 bedroom, 3 bath, direct oceanfront condo would make a great investment property or vacation getaway. Unit has been completely remodeled. Features include LVP flooring throughout the entire unit, brand new furniture, and much more! Kitchen has been fully upgraded with stainless steel appliances, granite countertops, and updated cabinets. Bathrooms all feature granite countertops as well. Enjoy your morning coffee on the large, direct oceanfront balcony or the breakfast bar. The Verandas is conveniently located near everything that North Myrtle Beach has to offer including Main Street and the Cherry Grove Pier. Amenities include an outdoor heated pool, lazy river, and hot tub. Schedule your showing today! All information is deemed reliable but not guaranteed, buyer is responsible for verification.

Last Listed By

Jakob Matics

Fnis Blac Knight MLS Solutions License #94201 Listed on: 03/09/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,264

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $646 Monthly HOA Fees

Home Design

  • Steel Siding

Interior Spaces

  • 1,661 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the ocean
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, security, rec. facilities, master antenna/cable TV, common maint/repair, pest control
  • High-Rise Condominium
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,264

Year Built

Built in 1999

Lot Details

0

HOA Fees

$646 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, 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, Owner Allowed Golf Cart
  • Estimated Year Built: 1999
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 646
  • HOA Management Company: Pinnacle (843)-449-8103
  • Living Room Type: Ceiling Fan
  • Lvt Date: 03/10/2022
  • Sold Total Heated Sq Ft: 1661
  • Sold Total Sq Ft: 1711
  • Total Heated Sq Ft: 1661
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony, Elevator-Exterior, Insulated Doors/Windows
  • Project Section Code: Verandas, The - Nmb
  • 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, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Other Rooms: Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Freezer, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Walk-In Closet, Oceanfront Master Bedroom
  • Bedrooms: 3
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 1711

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

  • Water Heater: Gas
  • 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, Security, Rec. Facilities, Master Antenna/Cable Tv, Common Maint/Repair, Pest Control

Lot Info

  • Zoning: MF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 3, 2022
Sold by
Two Obriens Llc
Bought by
Albright Sherry Crowe and Albright William John
Seller's Agent
Jakob Matics
Fnis Blac Knight MLS Solutions
Buyer's Agent
Barbara Sapp
CB Sea Coast Advantage NMB
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Total Days on Market
8
Current Estimated Value
$609,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,611
Avg. Annual Appreciation
1.07%
Original Mortgage
$200,000
Outstanding Balance
$89,089
Interest Rate
4.72%
Mortgage Type
Mortgage Modification
Estimated Equity
$520,522

Purchase Details

Closed on
Nov 17, 2011
Sold by
Cherry Hill Real Estate Investment Inc
Bought by
Obrien Thomas Joseph

Purchase Details

Closed on
May 16, 2003
Sold by
Fowler Bobby L and Fowler Elizabeth S
Bought by
Cherry Hill Real Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2000
Sold by
Verandas Llc
Bought by
Fowler Bobby L and Fowler Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

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
Albright Sherry Crowe $590,000 --
Obrien Thomas Joseph $265,000 --
Cherry Hill Real Estate Investments Inc $284,000 --
Fowler Bobby L $257,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albright Sherry Crowe $200,000
Previous Owner Cherry Hill Real Estate Investments Inc $227,200
Previous Owner Fowler Bobby L $243,100
Previous Owner Fowler Bobby L $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $590,000 -1.5% $355 / Sq Ft
03/09/2022 03/09/22 For Sale $599,000 -- $361 / 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 $7,264 $35,700 $0 $35,700
2023 $7,264 $35,700 $0 $35,700
2021 $1,472 $35,700 $0 $35,700
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: 2204933

Coastal Carolinas Association of REALTORS®

APN: 35609020337