$285,000
SOLD AUG 21, 2019

5501 N Ocean Blvd Unit 201 Myrtle Beach, SC 29577

Grande Dunes Neighborhood
3 Beds
2 Baths
1,458 Sq Ft
$775/mo HOA Fee

Recently Sold

$195 Per Sq Ft

11% Below List Price

8 Days on Market

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Furnished
  • Private Pool
  • End Unit
  • 1-minute walk to Gardens By The Sea

About This Home

As of February 2022

As they say, it is all about LOCATION, LOCATION, LOCATION and this view is second-to-none. The Golden Mile, absent of high rises and crowds, with its beach-lined cabanas, is a very desirable place to call home. This beautiful second-floor ocean-front condo showcases million-dollar views of the Atlantic Ocean from every vantage point in the home. Envision sitting on your expansive, double-length balcony, swinging from the porch swing, enjoying a cup of coffee or afternoon iced tea, while taking in the gorgeous, unobstructed views of the ocean! And just imagine being footsteps to the beach – no need to worry about parking, crowds, and hauling your beach gear from a far-away parking spot. There is a special opportunity to also enjoy the quaint park directly across the street – equipped with beautiful flowers, a playground, fitness stations, and a picnic area. And if you prefer, you can make new friends and enjoy the onsite pool, exclusive to this community. The Drayton House with all its Southern Charm is fully equipped with an elevator, and has just eight units. This unit has never been rented and features spacious living areas, wood flooring throughout, and an abundance of natural light. The master bathroom has been recently renovated. The HVAC system was replaced in May 2019. Being sold furnished! Come experience your new best-kept secret today!

Last Agent to Sell the Property

Holly Schreiber

Oasis Realty Collective License #92194 Listed on: 07/01/2019

Oasis Realty Collective

Last Buyer's Agent

Sean Corder

Corder Properties, Inc. License #6910

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,920

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • End Unit
  • Lawn

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,458 Sq Ft Home
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Family or Dining Combination

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Private Pool
  • Balcony

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • 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, common maint/repair
  • 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

Est. Annual Taxes

$6,920

Year Built

Built in 1983

Lot Details

0

HOA Fees

$775 per month

Listing Details

  • Unit Location: End Unit, Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Tenant Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 1983
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate
  • HOA Fee Frequency: Monthly
  • Great Family Room: 23x15
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 775
  • HOA Management Company: Waccamaw Mgt. (843) 903-9551
  • Lvt Date: 07/01/2019
  • Sold Total Heated Sq Ft: 1458
  • Sold Total Sq Ft: 1550
  • Total Heated Sq Ft: 1458
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17, Second Row Beach, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior
  • HOA Fees include insurance: Yes
  • Project Section Code: Drayton House
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1983

Interior Features

  • Bedroom 1: 11.4x10.5
  • Bedroom 2: 10x10
  • Dining Room: 19x8.4
  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Kitchen: 10x13
  • Master Bedroom: 16.7x11.5
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer, Laundry/Utility
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave, Oven, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 3
  • Dining Room Type: Area, Fam/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1550

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Brick/Masonry

Garage/Parking

  • Type: Condo
  • Parking: Assigned

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, 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
Jan 24, 2025
Sold by
Denichilo Sergio J
Bought by
Cross Tammy J and Mackay Joan E
Current Estimated Value
$460,552

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 19, 2019
Sold by
Skube Frank A
Bought by
Ratte Joseph and Linda
Seller's Agent
Holly Schreiber
Oasis Realty Collective
Buyer's Agent
Sean Corder
Corder Properties, Inc.
List Price
$319,900
Sold Price
$285,000
Premium/Discount to List
-$34,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Hale William D and Hale Virginia
Bought by
Skube Frank A and Skube Ronda G
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 Type Sale Price Title Company
Warranty Deed $460,000 --
Warranty Deed $285,000 --
Deed $219,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $410,000 -4.6% $281 / Sq Ft
12/29/2021 12/29/21 Price Changed $429,900 -4.4% $295 / Sq Ft
12/04/2021 12/04/21 Price Changed $449,500 -4.3% $308 / Sq Ft
11/05/2021 11/05/21 For Sale $469,900 +64.9% $322 / Sq Ft
08/21/2019 08/21/19 Sold $285,000 -10.9% $195 / Sq Ft
07/01/2019 07/01/19 For Sale $319,900 -- $219 / 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 $6,920 $27,180 $0 $27,180
2023 $6,920 $29,295 $0 $29,295
2021 $4,523 $29,295 $0 $29,295
2020 $4,961 $29,295 $0 $29,295
2019 $3,165 $26,250 $0 $26,250
2018 $0 $18,690 $0 $18,690
2017 $2,809 $10,680 $0 $10,680
2016 $0 $10,680 $0 $10,680
2015 -- $18,690 $0 $18,690
2014 $2,700 $10,680 $0 $10,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1914322

Coastal Carolinas Association of REALTORS®

APN: 42115030068