NOT LISTED FOR SALE

Ocean Forest Plaza 5523 N Ocean Blvd Unit 308 Myrtle Beach, SC 29577

Grande Dunes Neighborhood

Estimated Value: $198,000 - $226,000

1 Bed
1 Bath
597 Sq Ft
$585/mo HOA Fee

Last Sold August 25, 2023

Last sale price $218,500 $366 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,849/month

28 Days on Market

Highlights

  • Community Indoor Pool
  • Balcony
  • Central Heating and Cooling System
  • Furnished
  • Breakfast Bar
  • 4-minute walk to Gardens By The Sea

About This Home

As of August 2023

Beautiful 1 bedroom condo with stunning ocean views in the desirable Cabana Section of Myrtle Beach. Unlike many of the condos along the strip, this one is a TRUE one bedroom. As you enter the condo you will be in your foyer. Take a left into your private bedroom suite or keep going down the hallway to the main living area. There is access to the bathroom from both the bedroom and hallway. The kitchen includes range, refrigerator microwave and dishwasher. There is also a work island that serves as a breakfast bar as well. The large balcony offers expansive ocean views - the perfect place to start and end your day! Ocean Forest Plaza boasts an indoor pool, outdoor pool, hot tub, laundry area and more! It is also conveniently located to all that the Grand Strand has to offer. Shopping, dining, entertainment and golf are all just minutes away! Fully furnished and ready for you to pack your bags and start your vacation! Hurry and schedule a showing today before this one is gone.

Last Listed By

Hereda Team

Fnis Blac Knight MLS Solutions Listed on: 06/15/2023

Fnis Blac Knight MLS Solutions

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $785

Year Built

  • Built in 1986

Lot Details

  • 1.23

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 597 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Flood Zone Lot

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, manager, master antenna/cable TV, electric in unit, internet access, pest control
  • High-Rise Condominium

Recreation

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$785

Year Built

Built in 1986

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Owner Allowed Motorcycle, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 585
  • HOA Management Company: Waccamaw Management 843 -272-8705
  • Lvt Date: 06/15/2023
  • Sold Total Heated Sq Ft: 597
  • Sold Total Sq Ft: 597
  • Total Heated Sq Ft: 597
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony
  • Project Section Code: Ocean Forest Pl
  • Rental Mgmt Contract: Yes
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Furnished, Enter Through Foyer
  • Primary Bathroom: Tub/Shower Combo, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Microwave
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 597

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

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, Manager, Master Antenna/Cable Tv, Electric In Unit, Internet Access, Pest Control

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
Apr 22, 2024
Sold by
Krusenstjerna Austin J
Bought by
Moorman Erin
Total Days on Market
28
Current Estimated Value
$216,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Outstanding Balance
$197,184
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$18,993

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 24, 2023
Sold by
Vunk Dennis M
Bought by
Krusenstjerna Austin J and Krusenstjerna Carissa J
Seller's Agent
Hereda Team
Fnis Blac Knight MLS Solutions
Buyer's Agent
Hereda Team
Fnis Blac Knight MLS Solutions
List Price
$229,000
Sold Price
$218,500
Premium/Discount to List
-$10,500
-4.59%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.62%

Purchase Details

Listed on
Sep 7, 2022
Closed on
Jan 18, 2023
Sold by
Dowd Alexis M
Bought by
Vunk Dennis M and Vunk Dawn M
Seller's Agent
The Mills Group
Fnis Blac Knight MLS Solutions
Buyer's Agent
Hereda Team
Fnis Blac Knight MLS Solutions
List Price
$212,500
Sold Price
$182,500
Premium/Discount to List
-$30,000
-14.12%
Views
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
35.68%

Purchase Details

Listed on
Aug 27, 2016
Closed on
Nov 1, 2016
Sold by
Willard Richard R
Bought by
Dowd James F and Dowd Alexis M
Seller's Agent
Bill Mello
Keller Williams Innovate South
Buyer's Agent
Bill Mello
Keller Williams Innovate South
List Price
$95,200
Sold Price
$87,000
Premium/Discount to List
-$8,200
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%

Purchase Details

Closed on
Aug 6, 2004
Sold by
Hill Jerry D and Hill Donna B
Bought by
Willard Richard R and Willard Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 9, 2004
Sold by
Ramba Phyllis
Bought by
Hill Jerry D and Hill Donna B

Range of Values:

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Average Value
Not Available
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
Moorman Erin $215,000 --
Krusenstjerna Austin J $218,500 --
Vunk Dennis M $182,500 --
Dowd James F $87,000 --
Willard Richard R $92,500 --
Hill Jerry D $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moorman Erin $199,000
Previous Owner Krusenstjerna Austin $127,837
Previous Owner Willard Richard R $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $218,500 -2.5% $366 / Sq Ft
07/04/2023 07/04/23 Price Changed $224,000 -2.2% $375 / Sq Ft
06/15/2023 06/15/23 For Sale $229,000 +25.5% $384 / Sq Ft
01/20/2023 01/20/23 Sold $182,500 -6.4% $306 / Sq Ft
12/01/2022 12/01/22 Price Changed $195,000 -4.8% $327 / Sq Ft
10/06/2022 10/06/22 Price Changed $204,900 -3.6% $343 / Sq Ft
09/07/2022 09/07/22 For Sale $212,500 +144.3% $356 / Sq Ft
11/02/2016 11/02/16 Sold $87,000 -8.6% $134 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $95,200 -- $146 / 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 $785 $13,230 $0 $13,230
2023 $785 $13,230 $0 $13,230
2021 $2,043 $13,230 $0 $13,230
2020 $1,948 $13,230 $0 $13,230
2019 $1,701 $11,550 $0 $11,550
2018 $0 $10,290 $0 $10,290
2017 $1,546 $10,290 $0 $10,290
2016 -- $7,560 $0 $7,560
2015 $1,123 $7,560 $0 $7,560
2014 $1,092 $4,320 $0 $4,320
Source: Public Records

Agents Affiliated with this Home

  • Hereda Team

    Seller's Agent in 2023

    Hereda Team

    Fnis Blac Knight MLS Solutions

    (704) 910-7173

    115 Total Sales

    Hereda Team
    Section Image
  • The Mills Group

    Seller's Agent in 2023

    The Mills Group

    Fnis Blac Knight MLS Solutions

    (843) 252-0847

    56 in this area

    944 Total Sales

    The Mills Group
    Section Image

  • B

    Seller's Agent in 2016

    Bill Mello

    Keller Williams Innovate South

See All Agents

About Ocean Forest Plaza

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2311807

Coastal Carolinas Association of REALTORS®

APN: 42115020189

South Carolina Horry County Myrtle Beach 29577 Grande Dunes

5523 N Ocean Blvd Unit 308, Myrtle Beach, SC

Homes for Sale in Myrtle Beach, SC

This home is located at 5523 N Ocean Blvd Unit 308, Myrtle Beach, SC 29577 since 15 June 2023 and is currently estimated at $216,177, approximately $362 per square foot. This property was built in 1986. 5523 N Ocean Blvd Unit 308 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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