5501 N Ocean Blvd Unit 402 Myrtle Beach, SC 29577
Grande Dunes Neighborhood
3
Beds
2
Baths
1,458
Sq Ft
$775/mo
HOA Fee
Highlights
- Unit is on the top floor
- End Unit
- 1-minute walk to Gardens By The Sea
- Penthouse
- Furnished
About This Home
As of February 2023A stunning panoramic view, spacious living area, and charming brick building- isn't this what you keep searching for? Welcome to Drayton House! Located on the unique Cabana Row section of Myrtle Beach rests your new beach home. This 3 bedroom, 2 bathroom condo is a corner unit on the very top floor, allowing natural light to flood your living quarters with focus on the sparkling Atlantic Ocean. Master bedroom and living room both have sliders to your oversized balcony. Large kitchen with plentiful counter space and storage encourage entertaining family and friends. The two guest bedrooms can both fit multiple beds for all the guests that will want to visit! Short term rentals are allowed. Hurry, the beach is calling!
Last Agent to Sell the Property
Grand Strand Coastal Realty License #110085 Listed on: 01/25/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,920
Year Built
- Built in 1983
HOA Fees
- $775 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Penthouse
Interior Spaces
- 1,458 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- End Unit
- Unit is on the top floor
Community Details
- Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, legal and accounting, common maint/repair, pest control
- Mid-Rise Condominium
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2023
Closed on
Feb 7, 2023
Sold by
Ready Investors Llc
Bought by
Batchelder Sara Jackson
Seller's Agent
Justin Thompson
INNOVATE Real Estate
Buyer's Agent
Robert Dicks
CB Sea Coast Advantage MB
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,862
Avg. Annual Appreciation
1.91%
Purchase Details
Closed on
Jun 4, 2021
Sold by
Harris Brenda H
Bought by
Ready Investors Llc
Purchase Details
Listed on
Jan 25, 2021
Closed on
Mar 4, 2021
Sold by
Cronin Robert G
Bought by
Harris Brenda H and Harris Oliver B
Seller's Agent
Natalie LaBruce
Grand Strand Coastal Realty
Buyer's Agent
Christine Howard
CRG Homes
List Price
$350,000
Sold Price
$356,000
Premium/Discount to List
$6,000
1.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$320,400
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2008
Sold by
Battle Randolph W
Bought by
Cronin Robert G
Purchase Details
Closed on
May 11, 2005
Sold by
Fales Elizabeth J and Gene T Fales Revocable Inter V
Bought by
Battle Randolph W and Battle Susan B
Purchase Details
Closed on
Jan 18, 2002
Sold by
Foster James H and Foster Patricia M
Bought by
Fales Gene T
Purchase Details
Closed on
Oct 25, 2001
Sold by
Donkle Norma J
Bought by
Dean Barbara L
Purchase Details
Closed on
Apr 14, 2000
Sold by
Waldrop Thomas W
Bought by
Foster James H and Foster Patricia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.75%
Mortgage Type
Unknown
Similar Homes in Myrtle Beach, SC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $356,000 | -- | |
| Deed | $435,000 | -- | |
| Deed | $375,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $195,000 | -- | |
| Deed | $200,000 | -- | |
| Deed | $180,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $320,400 | New Conventional | |
| Previous Owner | $174,600 | New Conventional | |
| Previous Owner | $800,000 | Unknown | |
| Previous Owner | $120,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2023 02/10/23 | Sold | $460,000 | +2.2% | $316 / Sq Ft |
| 01/14/2023 01/14/23 | For Sale | $449,900 | +26.4% | $309 / Sq Ft |
| 03/05/2021 03/05/21 | Sold | $356,000 | +1.7% | $244 / Sq Ft |
| 01/25/2021 01/25/21 | For Sale | $350,000 | -- | $240 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $26,250 | $0 | $26,250 |
| 2023 | $6,920 | $26,250 | $0 | $26,250 |
| 2021 | $5,674 | $26,250 | $0 | $26,250 |
| 2020 | $3,165 | $26,250 | $0 | $26,250 |
| 2019 | $3,165 | $26,250 | $0 | $26,250 |
| 2018 | $0 | $18,690 | $0 | $18,690 |
| 2017 | $2,809 | $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
-
Seller's Agent in 2023
Justin Thompson
INNOVATE Real Estate
(843) 798-2652
5 in this area
230 Total Sales
-
Buyer's Agent in 2023
Robert Dicks
CB Sea Coast Advantage MB
(843) 997-7149
10 in this area
90 Total Sales
-
Seller's Agent in 2021
Natalie LaBruce
Grand Strand Coastal Realty
(760) 845-6507
46 in this area
143 Total Sales
-
Buyer's Agent in 2021
Christine Howard
CRG Homes
(843) 467-8880
6 in this area
186 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2101792
APN: 42115030065
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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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