NOT LISTED FOR SALE

507 S Ocean Blvd Unit 403 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $777,178 - $1,120,000

7 Beds
5.5 Baths
3,056 Sq Ft
$1,421/mo HOA Fee

Last Sold September 03, 2015

Last sale price $490,000 $160 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,685/month

98 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Ocean Drive Elementary School Rated A
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of September 2015

Ambassador Villas 7BR/5.5BA Oceanfront corner condo with great views! Huge open floor plan, granite counter tops, ceiling fans throughout, game room. nicely decorated and appointed. This condo is great for large families/groups! Great location in Ocean Drive!!!

Last Listed By

Edward Thomas

North Beach Realty License #28694 Listed on: 04/21/2015

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • End Unit
  • Lawn

HOA Fees

  • $1,421 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Raised Foundation
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 3,056 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Carpet

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 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, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair, internet access
  • Mid-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,421 per month

Listing Details

  • Unit Location: End Unit, 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, Trash Pickup, Internet Access, Lawn Maintenance
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 1421
  • HOA Management Company: Debbie Perry 843-267-6130
  • Living Room Type: Ceiling Fan
  • Sold Total Heated Sq Ft: 3056
  • Sold Total Sq Ft: 3400
  • Total Heated Sq Ft: 3056
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Insulated Doors/Windows, Outside Storage Attached, Spa/Hot Tub
  • Gross Annual Rental Incom: 65,000+
  • HOA Fees include insurance: Yes
  • Project Section Code: Ambassador Villas
  • Rental Mgmt Contract: Yes
  • Which Floor: 04
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Laundry/Utility, Recreation Room
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan
  • Bedrooms: 7+
  • Dining Room Type: Area, Kit/Dr Combo
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Levels: Two-Story
  • Total Sq Ft: 3400

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, 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: R-1

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
Apr 21, 2015
Closed on
Sep 3, 2015
Sold by
North Beach Holdings Llc
Bought by
Seavers Randall D and Seavers Susan A
Seller's Agent
Edward Thomas
North Beach Realty
Buyer's Agent
Dervilla Bucci
RE/MAX Southern Shores
List Price
$589,900
Sold Price
$490,000
Premium/Discount to List
-$99,900
-16.94%
Total Days on Market
98
Current Estimated Value
$940,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,545
Avg. Annual Appreciation
6.93%
Original Mortgage
$25,000
Interest Rate
3.94%

Purchase Details

Closed on
Apr 28, 2015
Sold by
Barbush Anthony S and Borrell Timothy J
Bought by
North Beach Holdings Llc

Purchase Details

Closed on
Sep 6, 2006
Sold by
Ambassador Llc
Bought by
Borrell Timothy J and Barbush Anthony S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,900
Interest Rate
6.87%
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
Seavers Randall D $465,000 --
North Beach Holdings Llc $357,000 --
Borrell Timothy J $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seavers Randall D $272,750
Closed Seavers Randall D $25,000
Closed -- $372,000
Previous Owner Borrell Timothy J $749,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2015 09/03/15 Sold $490,000 -16.9% $160 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $589,900 -- $193 / 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 -- $47,250 $0 $47,250
2023 $0 $47,250 $0 $47,250
2021 $6,110 $47,250 $0 $47,250
2020 $6,043 $47,250 $0 $47,250
2019 $5,829 $47,250 $0 $47,250
2018 $6,260 $47,880 $0 $47,880
2017 $6,205 $47,880 $0 $47,880
2016 -- $47,880 $0 $47,880
2015 $5,071 $15,040 $0 $15,040
2014 $4,909 $22,560 $0 $22,560
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Edward Thomas

    North Beach Realty

    (843) 222-2020

    1 in this area

    20 Total Sales

    Edward Thomas
    Section Image
  • Dervilla Bucci

    Buyer's Agent in 2015

    Dervilla Bucci

    RE/MAX

    (631) 943-5421

    4 in this area

    151 Total Sales

    Dervilla Bucci
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1508142

Coastal Carolinas Association of REALTORS®

APN: 35609020287

South Carolina Horry County North Myrtle Beach 29582 Ocean Drive

507 S Ocean Blvd Unit 403, North Myrtle Beach, SC

Homes for Sale in North Myrtle Beach, SC

This home is located at 507 S Ocean Blvd Unit 403, North Myrtle Beach, SC 29582 since 21 April 2015 and is currently estimated at $940,545, approximately $307 per square foot. This property was built in 2006. 507 S Ocean Blvd Unit 403 is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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