NOT LISTED FOR SALE

523 S Ocean Blvd Unit Windemere 501 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated Value: $527,000 - $615,000

4 Beds
3 Baths
1,454 Sq Ft
$975/mo HOA Fee

Last Sold February 24, 2023

Last sale price $575,000 $395 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,746/month

14 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Main Floor Primary Bedroom
  • Ocean Drive Elementary School Rated A
  • Private Pool
  • End Unit

About This Home

As of February 2023

"WOW" is the thought that comes to mind when you walk into this extravagant four bedroom three bath condo in the very popular and family friendly Windemere Resort. This 5th floor North corner unit has to be seen to be fully appreciated and has recently been remodeled from top to bottom. It is NOT on a rental program and is only used for a few weeks a year so it looks great with no "wear and tear". It has many up-grades including, but not limited to, Luxury Vinyl Plank floors, granite c-tops (kitchen and baths), dual sink in Master Bath, tiled walk in shower in Master and much more. Windemere has all the amenities one desires in an oceanfront condo including a 2nd floor oceanfront recreational area that includes a work out room , sauna, and lounging area with plenty of seating for the large screen TV available to owners and guest . The stackable washer and dryer convey as this condo is being sold completely furnished. All you need to do is bring your clothes. Great Rental potential or a great primary or second home "at the beach". Schedule a showing or virtual showing today. You won't be disappointed.

Last Agent to Sell the Property

The Michael Eaglin Team

The Litchfield Company RE-MB Listed on: 01/19/2023

Last Buyer's Agent

Brian Wilson

SERHANT License #123027

SERHANT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,264

Year Built

  • Built in 1985

Lot Details

  • Ocean Front
  • End Unit
  • Lawn

HOA Fees

  • $975 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Stucco

Interior Spaces

  • 1,454 Sq Ft Home
  • Furnished
  • Insulated Doors
  • Family or Dining Combination
  • Laminate Flooring
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the ocean
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Home Security

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • 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, rec. facilities, legal and accounting, 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 1985

Lot Details

0

HOA Fees

$975 per month

Listing Details

  • Unit Location: Oceanfront-Unit, End 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, Owner Allowed Golf Cart
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Laminate
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 975
  • HOA Management Company: Robin Zimmerman 843-449-6625
  • Lvt Date: 01/19/2023
  • Sold Total Heated Sq Ft: 1454
  • Sold Total Sq Ft: 1500
  • Total Heated Sq Ft: 1454
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Built-In Bbq, Elevator-Exterior, Handicap Access, Insulated Doors/Windows, Outside Storage Detached, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Windemere
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Primary Bathroom: Double Sink, Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave, Pantry, Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Oceanfront Master Bedroom
  • Bedrooms: 4
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 1500

Exterior Features

  • Exterior Finish: Stucco

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, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Rec. Facilities, Legal And Accounting, Common Maint/Repair, 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
Jan 19, 2023
Closed on
Feb 24, 2023
Sold by
Morgan Michael Don
Bought by
Palmetto Daydream Properties Llc
Seller's Agent
The Michael Eaglin Team
The Litchfield Company RE-MB
Buyer's Agent
Brian Wilson
SERHANT
List Price
$590,000
Sold Price
$575,000
Premium/Discount to List
-$15,000
-2.54%
Views
46
Current Estimated Value
$581,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,082
Avg. Annual Appreciation
0.05%
Original Mortgage
$517,500
Outstanding Balance
$502,992
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$72,761

Purchase Details

Listed on
Jan 9, 2017
Closed on
Oct 16, 2017
Sold by
Burrus Gerald T
Bought by
Alexander Claude N and Alexander Shirley R
Seller's Agent
Ron Jackson
BH & G Elliott Coastal Living
Buyer's Agent
Lee Hammond
Century 21 Stopper &Associates
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%

Purchase Details

Closed on
Dec 3, 2004
Sold by
Barron Joseph H
Bought by
Burrus Gerald T and Burrus Brenda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1999
Sold by
Sizemore Elsie S and Prosperity Trust
Bought by
Barron Joseph H
Source: Public Records

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
Palmetto Daydream Properties Llc -- --
Morgan Michael Don $575,000 --
Alexander Claude N $270,000 --
Burrus Gerald T $354,900 --
Barron Joseph H $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Michael Don $517,500
Previous Owner Alexander Claude N $206,500
Previous Owner Burrus Brenda B $417,000
Previous Owner Burrus Gerald T $240,000
Previous Owner Burrus Gerald T $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $575,000 -2.5% $395 / Sq Ft
01/19/2023 01/19/23 For Sale $590,000 +118.5% $406 / Sq Ft
10/18/2017 10/18/17 Sold $270,000 -6.9% $174 / Sq Ft
01/09/2017 01/09/17 For Sale $289,900 -- $187 / 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 $31,500 $0 $31,500
2023 $7,264 $31,500 $0 $31,500
2021 $4,028 $31,500 $0 $31,500
2020 $3,984 $31,500 $0 $31,500
2019 $3,843 $31,500 $0 $31,500
2018 $3,542 $27,090 $0 $27,090
2017 $0 $15,480 $0 $15,480
2016 -- $15,480 $0 $15,480
2015 $3,480 $27,090 $0 $27,090
2014 $3,368 $15,480 $0 $15,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2301206

Coastal Carolinas Association of REALTORS®

APN: 35609020272