NOT LISTED FOR SALE

516 Hillside Dr S Unit 405 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $380,792 - $417,000

3 Beds
3 Baths
1,400 Sq Ft
$320/mo HOA Fee

Last Sold March 01, 2012

Last sale price $162,500 $116 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,532/month

119 Days on Market

Highlights

  • Lawn
  • Community Pool
  • Balcony
  • Ocean Drive Elementary School Rated A
  • Elevator
  • Walk-In Closet

About This Home

As of March 2012

UNIQUE 3BR/3BA CONDO WITH PRIVATE 2 CAR GARAGE AND ELEVATOR. TO BE SOLD STRICTLY "AS IS". BUYER IS RESPONSIBLE FOR ALL VERIFICATIONS.

Last Agent to Sell the Property

Laura Garlitz

Realty ONE Group Dockside License #10868 Listed on: 10/05/2011

Realty ONE Group Dockside

Last Buyer's Agent

Jill Powell

Century 21 The Harrelson Group License #23339

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $760

Year Built

  • Built in 2001

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Stucco
  • Tile

Interior Spaces

  • 1,400 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet
  • Breakfast Bar
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Do Not Use - North Myrtle Beach Elementary School - Inactive
  • 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
  • Lawn

Community Details

Overview

  • Association fees include electric common, trash pickup, pool service, landscape/lawn, insurance, manager, legal and accounting, master antenna/cable TV, common maint/repair
  • Low-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$760

Year Built

Built in 2001

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Trash Pickup, Cable Tv, Lawn Maintenance
  • Estimated Year Built: 2001
  • 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: 320
  • HOA Management Company: RHYNE MANAGEMENT 919-427-8918
  • Sold Total Heated Sq Ft: 1400
  • Sold Total Sq Ft: 1850
  • Total Heated Sq Ft: 1400
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Elevator-Exterior
  • HOA Fees include insurance: Yes
  • Project Section Code: Athena
  • Which Floor: 01
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Year Built: 2001

Interior Features

  • Interior Amenities: Elevator-Interior, Split Bedroom Plan, Wshr/Dryer Connection
  • Other Rooms: Foyer
  • Kitchen Type: Breakfast Bar
  • Master Bedroom Type: Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Two-Story
  • Total Sq Ft: 1850

Exterior Features

  • Exterior Finish: Stucco
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Private Grg

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: DO NOT USE - North Myrtle Beach Elementary School - Inactive
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: DO NOT USE - North Myrtle Beach Elementary School - Inactive
  • 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
Oct 5, 2011
Closed on
Feb 20, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sanford Charles Edison
Seller's Agent
Laura Garlitz
Realty ONE Group Dockside
Buyer's Agent
Jill Powell
Century 21 The Harrelson Group
List Price
$252,900
Sold Price
$162,500
Premium/Discount to List
-$90,400
-35.75%
Total Days on Market
119
Current Estimated Value
$404,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,448
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Master In Equity Horry County
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 9, 2010
Sold by
Baker Delores A
Bought by
Baker William B

Purchase Details

Closed on
Feb 28, 2009
Sold by
Baker Delores A
Bought by
Baker Delores A

Purchase Details

Closed on
Jul 22, 2005
Sold by
Furr Victor T and Furr Kaye G
Bought by
Baker Delores A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,405
Interest Rate
8%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 31, 2002
Sold by
Hillside Partners South Carolina Llc
Bought by
Furr Victor T and Furr Kaye G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Sanford Charles Edison $162,500 --
Federal Home Loan Mortgage Corporation $180,000 --
Baker William B -- --
Baker Delores A -- --
Baker Delores A $349,900 --
Furr Victor T $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Delores A $342,000
Previous Owner Baker Delores A $332,405
Previous Owner Furr Victor T $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2012 03/01/12 Sold $162,500 -35.7% $116 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
10/05/2011 10/05/11 For Sale $252,900 -- $181 / 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 $760 $26,145 $0 $26,145
2023 $760 $26,145 $0 $26,145
2021 $639 $26,145 $0 $26,145
2020 $625 $26,145 $0 $26,145
2019 $774 $26,145 $0 $26,145
2018 $0 $18,060 $0 $18,060
2017 $2,341 $10,320 $0 $10,320
2016 -- $10,320 $0 $10,320
2015 $2,320 $18,060 $0 $18,060
2014 $2,246 $10,320 $0 $10,320
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Laura Garlitz

    Realty ONE Group Dockside

    (843) 997-4897

    11 Total Sales

    Laura Garlitz
    Section Image

  • J

    Buyer's Agent in 2012

    Jill Powell

    Century 21 The Harrelson Group

    (843) 457-8235

    7 in this area

    249 Total Sales

    Jill Powell
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1116362

Coastal Carolinas Association of REALTORS®

APN: 35608030062

South Carolina Horry County North Myrtle Beach 29582 Ocean Drive

516 Hillside Dr S Unit 405, North Myrtle Beach, SC

This home is located at 516 Hillside Dr S Unit 405, North Myrtle Beach, SC 29582 since 05 October 2011 and is currently estimated at $404,948, approximately $289 per square foot. This property was built in 2001. 516 Hillside Dr S Unit 405 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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