NOT LISTED FOR SALE

Estimated Value: $134,541 - $191,000

1 Bed
1 Bath
387 Sq Ft
$656/mo HOA Fee

Last Sold August 17, 2023

Last sale price $146,000 $377 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,656/month

16 Days on Market

Highlights

  • Ocean Front
  • Private Beach
  • Furnished
  • Primary bedroom faces the ocean
  • Community Indoor Pool
  • Lawn

About This Home

As of August 2023

Introducing an enchanting efficiency condominium with 1 full bath, boasting a prime location directly overlooking the ocean in the highly sought-after Ocean Reef Resort North Tower complex. This unit has consistently high rental occupancy, offering an excellent return on investment. Situated on the 10th floor, this immaculate residence is tastefully furnished with a combination of tile and carpet flooring, creating a stylish and comfortable living space. The highlight of this condo is the sliding glass door that opens up to a charming balcony, providing breathtaking views of the glistening Atlantic Ocean. The main living area is thoughtfully designed and features two generously sized beds, ensuring ample sleeping accommodations for guests. Adjacent to the living space is an inviting dining area, perfect for entertaining. The fully equipped kitchen boasts modern amenities, including a smooth flat top range, built-in microwave, refrigerator, granite countertops, and abundant cabinet space, allowing for convenient and efficient meal preparation. The bathroom exudes timeless elegance, featuring a single sink vanity, a comfort station, and a classic tub/shower combination. Every detail has been carefully considered to create a relaxing and functional space. The Ocean Reef Resort Bay is renowned for its exceptional amenities, making it one of the most desirable complexes in the area. Residents and guests can indulge in the oceanfront pool deck, complete with hot tubs and a lively tiki bar. The beautiful oceanfront lawn offers a serene retreat, while the covered pool deck includes a thrilling water play park designed for kids. Children will delight in the giant tiki men, palm trees, a giant tumbling water bucket, sea serpent waterfall, and mushroom waterfalls. The surrounding lazy river, complete with a waterfall, adds an element of relaxation. Even in cooler weather, the lazy river transforms into a delightful glass-enclosed getaway. Dining options are plentiful, with a pool bar, Cafe du Port, Banana Boat Lounge, and an enticing Breakfast Buffet, ensuring a variety of choices to satisfy every palate. This inviting oceanfront condo, with its desirable location, captivating views, tasteful furnishings, and exceptional amenities, presents a unique opportunity to own a remarkable piece of real estate. Whether you're seeking a lucrative investment or a personal beachfront retreat, this property embodies the epitome of coastal living.

Last Agent to Sell the Property

Greg Sisson

The Ocean Forest Company Listed on: 06/29/2023

Last Buyer's Agent

Natalia Stopper

Century 21 Stopper &Associates License #93366

Century 21 Stopper &Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,291

Year Built

  • Built in 1975

Lot Details

  • Private Beach
  • Lawn

HOA Fees

  • $656 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 10th floor
  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 387 Sq Ft Home
  • Furnished
  • Dining Area
  • Carpet

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • 1 Full Bathroom
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • 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, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit, internet access, pest control
  • High-Rise Condominium

Recreation

Additional Features

  • Door to Door Trash Pickup
  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,291

Year Built

Built in 1975

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Lazy River, Pool-Indoor Community, Private Beach Comm Access
  • Estimated Year Built: 1975
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit
  • Monthly HOA as Calculated: 656
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 06/29/2023
  • Sold Total Heated Sq Ft: 387
  • Sold Total Sq Ft: 500
  • Total Heated Sq Ft: 387
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 33,764
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Reef Resort North Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 10
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Furnished, Enter Through Foyer
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Refrigerator, Range, Microwave, Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Oceanfront Master Bedroom
  • Bedrooms: Efficiency
  • Dining Room Type: Area
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 500

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • 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, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, 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: MU-H

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
Oct 28, 2023
Sold by
Truschel David William
Bought by
Steel City Acquisition Group Llc
Current Estimated Value
$153,135

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 15, 2023
Sold by
Capone Eugene L
Bought by
Truschel David William and Truschel Sandra Marie
Seller's Agent
Greg Sisson
The Ocean Forest Company
Buyer's Agent
Natalia Stopper
Century 21 Stopper &Associates
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.80%
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
Steel City Acquisition Group Llc -- --
Truschel David William $146,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $146,000 -2.6% $377 / Sq Ft
06/29/2023 06/29/23 For Sale $149,900 -- $387 / 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 $2,291 $9,000 $0 $9,000
2023 $2,291 $9,765 $0 $9,765
2021 $1,400 $9,765 $0 $9,765
2020 $1,335 $9,765 $0 $9,765
2019 $1,335 $9,765 $0 $9,765
2018 $0 $7,875 $0 $7,875
2017 -- $4,500 $0 $4,500
2016 -- $4,500 $0 $4,500
2015 $1,170 $7,875 $0 $7,875
2014 $1,138 $4,500 $0 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2312843

Coastal Carolinas Association of REALTORS®

APN: 42105020367