$202,500
SOLD OCT 5, 2023
1 Bed
1 Bath
506 Sq Ft
$790/mo HOA Fee

Recently Sold

$400 Per Sq Ft

4% Below List Price

109 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Elevator
  • Private Pool
  • Solid Surface Countertops
  • Balcony

About This Home

As of October 2023

Direct oceanfront corner one bedroom condo at Monterey Bay Resort. This is a king bed unit and these generate significantly more rental income than the units with 2 queens. New lower rental management fee. Corner units like this one also have two extra ocean view windows, one in the bedroom and one in the living room. Beautifully furnished with a fully equipped kitchen, granite counter tops, raised oak cabinets, a Murphy bed in addition to the king bed and sleeper sofa, wood-grain tile floors in living room and bedroom and a large private oceanfront balcony. New smooth ceiling installed in 2023 and accent walls repainted as well. New sleeper sofa also recently added. Monterey Bay features an oceanfront pool deck with an outdoor pool and jacuzzi, a host of indoor water amenities - pool, lazy river, kiddie pools, and a jacuzzi, a fitness room, attached onsite parking (no crossing the street!), a rooftop pool and jacuzzi, an onsite breakfast restaurant (for owners and guests on the onsite rental program) that is open year-round and an attractive check-in lobby for the onsite rental management. Excellent rental income history too! Monterey Bay is located in the upscale north end of the city of Myrtle Beach, about two miles from the downtown hotel section. It is close to restaurants, shops, entertainment and other attractions. The HOA fee includes water/sewer, unit electric, cable, internet, phone, as well as building insurance and HO6 contents insurance. All information is deemed correct, but it is the responsibility of the buyers and their agent to verify all information.

Last Agent to Sell the Property

Gene Carter Team

RE/MAX Southern Shores Listed on: 05/11/2023

Co-Listed By

Gene Carter

RE/MAX Southern Shores License #5615

Last Buyer's Agent

Traci Miles

CENTURY 21 Boling & Associates

CENTURY 21 Boling & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1995

HOA Fees

  • $790 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 506 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Home Security

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Spa
  • Balcony
  • Flood Zone Lot

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,887

Year Built

Built in 1995

Lot Details

0

HOA Fees

$790 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: 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, Trash Pickup, Cable Tv, Internet Access, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1995
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit, Electric
  • Monthly HOA as Calculated: 790
  • HOA Management Company: Empress 843-443-4003
  • Lvt Date: 05/11/2023
  • Sold Total Heated Sq Ft: 506
  • Sold Total Sq Ft: 556
  • Total Heated Sq Ft: 506
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-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, Elevator Shaft-Exterior
  • Gross Annual Rental Incom: $28,907 - 2022
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Monterey Bay Suites Resort
  • Rental Mgmt Contract: Yes
  • Which Floor: 12
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1995

Interior Features

  • Furnished: Yes
  • Interior Amenities: Fire Sprinkler, Smoke Detector, Furnished
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Refrigerator, Range, Oven, Microwave, Solid Surface Countertops
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 556

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, Insurance, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Telephone Service 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

Listed on
May 11, 2023
Closed on
Oct 5, 2023
Sold by
Khalil Ehab
Bought by
Rew Properties Llc
Seller's Agent
Gene Carter Team
RE/MAX Southern Shores
Buyer's Agent
Traci Miles
CENTURY 21 Boling & Associates
List Price
$211,900
Sold Price
$202,500
Premium/Discount to List
-$9,400
-4.44%
Views
233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.29%

Purchase Details

Listed on
Sep 13, 2014
Closed on
Nov 14, 2014
Sold by
Sand Bucket Llc
Bought by
Magi Khalil Ehab and Magi Khalil
Seller's Agent
Eric Wilson
INNOVATE Real Estate
Buyer's Agent
Gene Carter
RE/MAX Southern Shores
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Jul 8, 2011
Sold by
Myrick Edna Earle Boone
Bought by
Spyder 360 Llc

Purchase Details

Closed on
Nov 7, 2008
Sold by
Turner Johnny S
Bought by
Sand Bucket Llc

Purchase Details

Closed on
Dec 30, 2005
Sold by
Myrtle Beach Oceanfront Development Co L
Bought by
Turner Johnny S and Myrick William Lynn
Source: Public Records

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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 $202,500 --
Deed $105,000 --
Deed -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed $249,900 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $177,000 -12.6% $354 / Sq Ft
10/05/2023 10/05/23 Sold $202,500 -3.5% $400 / Sq Ft
06/09/2023 06/09/23 Price Changed $209,900 -0.9% $415 / Sq Ft
05/11/2023 05/11/23 For Sale $211,900 +101.8% $419 / Sq Ft
11/14/2014 11/14/14 Sold $105,000 -4.5% $210 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
09/13/2014 09/13/14 For Sale $109,900 -- $220 / 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 $2,887 $10,185 $0 $10,185
2023 $2,887 $10,185 $0 $10,185
2021 $1,573 $10,185 $0 $10,185
2020 $1,500 $10,185 $0 $10,185
2019 $1,500 $10,185 $0 $10,185
2018 $0 $10,395 $0 $10,395
2017 $1,562 $5,940 $0 $5,940
2016 -- $5,940 $0 $5,940
2015 $1,544 $10,395 $0 $10,395
2014 -- $5,520 $0 $5,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2309236

Coastal Carolinas Association of REALTORS®

APN: 42105030232