NOT LISTED FOR SALE

5308 N Ocean Blvd Unit Beach Colony 2007 Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $200,335 - $217,000

1 Bed
1 Bath
575 Sq Ft
$496/mo HOA Fee

Last Sold December 12, 2018

Last sale price $118,000 $205 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,751/month

39 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Furnished
  • Private Pool
  • Main Floor Primary Bedroom
  • 4-minute walk to Gardens By The Sea

About This Home

As of December 2018

Fully furnished one bedroom, one bathroom, oceanfront condo at Beach Colony Resort. The kitchen area features a new refrigerator, microwave and range along with granite counters, the bathroom offers a large tile shower and double vanity, bedroom features a king size bed and the living area offers a sleeper sofa and small dining table. Step out onto your private balcony for unbelievable views of the Myrtle Beach coastline. Beach Colony Resort offers tons of amenities for all ages to enjoy. Amenities include: indoor and outdoor pools, lazy river, spas/hot tubs, fitness room, shuffleboard, racquet ball court, ice cream shop, on-site restaurants, Tiki Bar and beach access. Just minutes to shopping, dining, entertainment, attractions, piers, marinas, golf, waterway and all that the Grand Strand has to offer. Great for a secondary home or rental property. Don't miss out on this opportunity to own your own piece of paradise!!!

Last Agent to Sell the Property

Edward Eddie Boyd

INNOVATE Real Estate License #3764 Listed on: 10/01/2018

INNOVATE Real Estate

Last Buyer's Agent

Mike Finnegan

Ocean Front Guru Real Estate License #9925

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1985

Lot Details

  • 0.95

HOA Fees

  • $496 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 20th floor
  • Steel Siding
  • Tile

Interior Spaces

  • 575 Sq Ft Home
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Carpet

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Home Security

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Ocean Front
  • Flood Zone Lot

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, manager, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,792

Year Built

Built in 1985

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Home Owners Assn Fee, Trash Pickup, Cable Tv, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 496
  • HOA Management Company: Waccamaw Management 843-272-8705
  • Living Room Type: Sunken
  • Lvt Date: 10/04/2018
  • Sold Total Heated Sq Ft: 575
  • Sold Total Sq Ft: 625
  • Total Heated Sq Ft: 575
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Pool-Indoor Private, Spa/Hot Tub
  • Project Section Code: Beach Colony
  • Rental Mgmt Contract: Yes
  • Which Floor: 20
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Furnished, Enter Through Foyer
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Solid Surface Countertops, Microwave, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 625

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

Condo/Co-op/Association

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

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

Closed on
Oct 29, 2024
Sold by
Lancaster Richard Alford
Bought by
Richard Alford Lancaster Revocable Trust and Lancaster Richard Alford Tr
Current Estimated Value
$209,584

Purchase Details

Closed on
Oct 9, 2024
Sold by
Lancaster Richard Alford
Bought by
Lancaster Richard Alford and Lancaster Richard Alford

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 12, 2018
Sold by
Durrant Charles K
Bought by
Ann Lancaster Richard Alford and Ann Carol
Seller's Agent
Edward Eddie Boyd
INNOVATE Real Estate
Buyer's Agent
Mike Finnegan
Ocean Front Guru Real Estate
List Price
$139,900
Sold Price
$118,000
Premium/Discount to List
-$21,900
-15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Mcgough Ronald T and Ponyah Cynthia A
Bought by
Durrant Charles K and Durrant Cheryl K

Purchase Details

Closed on
Dec 30, 2003
Sold by
Hillman Richard C and Hillman Elizabeth J
Bought by
Mcgough Ronald T and Ponyah Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,420
Interest Rate
6.03%
Mortgage Type
Unknown
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
Richard Alford Lancaster Revocable Trust -- --
Lancaster Richard Alford -- --
Ann Lancaster Richard Alford $118,000 --
Durrant Charles K $177,900 --
Mcgough Ronald T $103,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgough Ronald T $93,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $118,000 -15.7% $205 / Sq Ft
10/01/2018 10/01/18 For Sale $139,900 -- $243 / 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 $1,792 $12,900 $0 $12,900
2023 $1,792 $10,710 $0 $10,710
2021 $1,654 $10,710 $0 $10,710
2020 $1,577 $10,710 $0 $10,710
2019 $1,577 $10,710 $0 $10,710
2018 $0 $9,030 $0 $9,030
2017 $1,357 $5,160 $0 $5,160
2016 -- $5,160 $0 $5,160
2015 $1,342 $9,030 $0 $9,030
2014 $1,304 $5,160 $0 $5,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1820179

Coastal Carolinas Association of REALTORS®

APN: 42115040667