NOT LISTED FOR SALE

Estimated Value: $349,000 - $398,000

2 Beds
2 Baths
1,045 Sq Ft
$946/mo HOA Fee

Last Sold September 23, 2022

Last sale price $350,000 $335 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,406/month

27 Days on Market

Highlights

  • Furnished
  • Garage
  • High-Rise Condominium

About This Home

As of September 2022

Direct Oceanfront, Fully Furnished, Lockout Condo in Downtown Myrtle Beach that can be rented as a 2 Bedroom 2 Bath Unit or 2 Separate Units as a 1 Bedroom 1 bath and an Efficiency with 1 Bath. This condo features Two Separate Oceanfront Balconies, Granite Countertops, Two Recliners, Stove, Refrigerator, Dishwasher, Microwave, 2 Beds in Both Bedrooms, Heated and Cooled Enclosed Hallways, Stack Washer and Dryer. Amenities include an Indoor Pool, Lazy River, and Hot Tub. HOA Fee includes Electricity in the Condo, Insurance, Cable TV, Internet, Pest Control, Security, Trash Pickup, Telephone Service in Condo, Water and Sewer. This condo is a Great Family Vacation Destination, Winter Retreat, High Dollar Rental Income Unit or Second Home with Efficiency Rental Unit next door.

Last Listed By

George Miles

Ocean Front Guru Real Estate License #20099 Listed on: 07/15/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 2007

Lot Details

  • 0.61

HOA Fees

  • $946 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Steel Siding

Interior Spaces

  • 1,045 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Community Details

  • High-Rise Condominium

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,056

Year Built

Built in 2007

Lot Details

0

HOA Fees

$946 per month

Listing Details

  • Estimated Year Built: 2007
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 946
  • HOA Management Company: Ally (843) 497-3555
  • Lvt Date: 07/25/2022
  • Sold Total Heated Sq Ft: 1045
  • Sold Total Sq Ft: 1100
  • Total Heated Sq Ft: 1045
  • Building Style: Hi-Rise 7+ Stories
  • Gross Annual Rental Incom: 2021 Gross $61,297
  • HOA Fees include insurance: Yes
  • Project Section Code: Bay View Resort
  • Rental Mgmt Contract: Yes
  • Which Floor: 11
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Furnished: Yes
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Sq Ft: 1100

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Private Grg

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Sep 21, 2022
Sold by
Hamilton Ivan J
Bought by
Mohabs Realty Management
Seller's Agent
George Miles
Ocean Front Guru Real Estate
Buyer's Agent
The Moseley Team
ERA Real Estate Modo
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Total Days on Market
27
Views
3
Current Estimated Value
$367,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,664
Avg. Annual Appreciation
1.35%
Original Mortgage
$525,000
Outstanding Balance
$506,726
Interest Rate
5.55%
Mortgage Type
Mortgage Modification
Estimated Equity
-$144,221

Purchase Details

Closed on
Apr 17, 2007
Sold by
Jeram Tej Llc
Bought by
Phillips George David and Phillips Rhonda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Mohabs Realty Management $350,000 --
Phillips George David $364,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohabs Realty Management $525,000
Previous Owner Hamilton Ivan J $157,500
Previous Owner Phillips George David $319,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $350,000 -6.7% $335 / Sq Ft
07/15/2022 07/15/22 For Sale $375,000 +78.6% $359 / Sq Ft
11/04/2016 11/04/16 Sold $210,000 -6.6% $200 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $224,900 -- $214 / 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 $5,056 $23,835 $0 $23,835
2023 $5,056 $23,835 $0 $23,835
2021 $3,816 $23,835 $0 $23,835
2020 $3,510 $23,835 $0 $23,835
2019 $3,510 $23,835 $0 $23,835
2018 $0 $22,050 $0 $22,050
2017 $3,314 $12,600 $0 $12,600
2016 -- $11,100 $0 $11,100
2015 $2,886 $19,425 $0 $19,425
2014 $2,806 $11,100 $0 $11,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2216792

Coastal Carolinas Association of REALTORS®

APN: 44408010182