NOT LISTED FOR SALE

5501 N Ocean Blvd Unit 202 Myrtle Beach, SC 29577

Grande Dunes Neighborhood

Estimated Value: $457,766 - $495,000

3 Beds
2 Baths
1,000 Sq Ft
$593/mo HOA Fee

Last Sold April 13, 2017

Last sale price $285,000 $285 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,205/month

741 Days on Market

Highlights

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

About This Home

As of April 2017

SEEING IS BELIEVING! DESIGNER 3 BEDROOM, 2 BATH OCEANFRONT CONDO PRICED TO SELL IN THE HEART OF MYRTLE BEACH! ENJOY BEAUTIFUL HARDWOOD FLOORS AND TILE THROUGHOUT, DREAM KITCHEN WITH STAINLESS STEEL APPLIANCES AND GRANITE COUNTER TOPS, SPACIOUS LIVING AREA, SPLIT BEDROOM PLAN WITH MASTER SUITE OVERLOOKING THE ATLANTIC OCEAN. BRING YOUR ROCKING CHAIR AND ENJOY "CABANA ROW" ALONG THE GOLDEN MILE FROM YOUR FRONT PORCH!

Last Agent to Sell the Property

Paige Bird

RE/MAX Southern Shores License #47713 Listed on: 02/23/2015

Last Buyer's Agent

Denise Farley

RE/MAX Southern Shores License #93001

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $593 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Split Level Home
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Brick Foundation
  • Tile

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

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

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
  • Water Heater
  • 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

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,026

Year Built

Built in 1980

Lot Details

0

HOA Fees

$593 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
  • Estimated Year Built: 1980
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 593
  • HOA Management Company: I Care Group 449-5411
  • Living Room Type: Ceiling Fan
  • Sold Total Heated Sq Ft: 1000
  • Sold Total Sq Ft: 1100
  • Total Heated Sq Ft: 1000
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17, Second Row Other
  • 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: 1980

Interior Features

  • Interior Amenities: Wind Treat. Convey, Elevator-Interior, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Linen Closet
  • Bedrooms: 3
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Split Level
  • Total Sq Ft: 1100

Exterior Features

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

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

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, 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

Listed on
Feb 23, 2015
Closed on
Apr 13, 2017
Sold by
Reddy Keshavpal G
Bought by
Basham David Anderson and Basham Debbie Tesh
Seller's Agent
Paige Bird
RE/MAX Southern Shores
Buyer's Agent
Denise Farley
RE/MAX Southern Shores
List Price
$344,900
Sold Price
$285,000
Premium/Discount to List
-$59,900
-17.37%
Current Estimated Value
$476,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,442
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Jul 10, 2007
Sold by
Schmitzer Ronald L
Bought by
Reddy Keshavpal G and Poulos Lisa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,150
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2005
Sold by
Sink David E and Sink Sybil B
Bought by
Schmitzer Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
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
Basham David Anderson $285,000 --
Reddy Keshavpal G $476,650 None Available
Schmitzer Ronald L $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddy Keshavpal G $432,150
Previous Owner Schmitzer Ronald L $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $285,000 -17.4% $285 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
02/23/2015 02/23/15 For Sale $344,900 -- $345 / 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 $1,026 $27,180 $0 $27,180
2023 $1,026 $26,250 $0 $26,250
2021 $4,053 $26,250 $0 $26,250
2020 $3,866 $26,250 $0 $26,250
2019 $3,866 $26,250 $0 $26,250
2018 $0 $29,400 $0 $29,400
2017 $0 $10,680 $0 $10,680
2016 -- $10,680 $0 $10,680
2015 $2,777 $18,690 $0 $18,690
2014 $2,700 $10,680 $0 $10,680
Source: Public Records

Agents Affiliated with this Home

  • Paige Bird

    Seller's Agent in 2017

    Paige Bird

    RE/MAX

    (843) 450-4773

    8 in this area

    371 Total Sales

    Paige Bird
    Section Image
  • Denise Farley

    Buyer's Agent in 2017

    Denise Farley

    RE/MAX

    (843) 945-0589

    5 in this area

    94 Total Sales

    Denise Farley
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1504202

Coastal Carolinas Association of REALTORS®

APN: 42115030067

South Carolina Horry County Myrtle Beach 29577 Grande Dunes

5501 N Ocean Blvd Unit 202, Myrtle Beach, SC

This home is located at 5501 N Ocean Blvd Unit 202, Myrtle Beach, SC 29577 since 23 February 2015 and is currently estimated at $476,442, approximately $476 per square foot. This property was built in 1980. 5501 N Ocean Blvd Unit 202 is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary 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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