NOT LISTED FOR SALE

Estimated Value: $134,000 - $163,000

1 Bed
1 Bath
403 Sq Ft
$612/mo HOA Fee

Last Sold June 20, 2022

Last sale price $157,500 $391 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,642/month

34 Days on Market

Highlights

  • Ocean Front
  • Community Indoor Pool
  • Lawn
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Solid Surface Countertops

About This Home

As of June 2022

Outstanding direct oceanfront views from this studio in the popular Ocean Reef Resort. Great placement on the 2nd floor with enclosed corridors and super convenient location to be able to use the steps to the beach, pools etc. The Ocean Reef is located on 71st Ave N, on the northern end of Myrtle Beach, minutes from everything the area has to offer, but not in the middle of downtown craziness. Resort amenities include a host of indoor and outdoor pools, lazy river, adult sized water slides, fitness center, conference rooms, ocean front restaurant and beach bar, all onsite! The HOA/condo fees cover just about everything, insurance(for the building and condo interiors),electric, water, cable, internet, parking, upkeep with the buildings, grounds, pools. Check out the rental income totals, this can be a great money maker for you.

Last Listed By

Brian Piercy

ERA Real Estate Modo License #46543 Listed on: 04/19/2022

ERA Real Estate Modo

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,291

Year Built

  • Built in 1975

Lot Details

  • Lawn

HOA Fees

  • $612 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 403 Sq Ft Home
  • Furnished
  • Insulated Doors
  • Carpet

Kitchen

  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Schools

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

Utilities

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

Additional Features

  • Flood Zone Lot

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup

Recreation

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,291

Year Built

Built in 1975

Lot Details

0

HOA Fees

$612 per month

Listing Details

  • Lot Description: Rectangular, 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, Lawn Maintenance, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1975
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit, Electric
  • Monthly HOA as Calculated: 612
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 04/19/2022
  • Sold Total Heated Sq Ft: 403
  • Sold Total Sq Ft: 500
  • Total Heated Sq Ft: 403
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Insulated Doors/Windows
  • Gross Annual Rental Incom: 2021-$32838.82
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Reef Resort North Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Furnished: Yes
  • Interior Amenities: Furnished
  • Primary Bathroom: Tub, Shower, Vanity
  • Kitchen Type: Refrigerator, Microwave, Solid Surface Countertops
  • Bedrooms: Efficiency
  • Full Bathrooms: 1
  • Total Sq Ft: 500

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

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, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Internet Access

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: North Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 18, 2022
Sold by
Herring Richard William
Bought by
Blackwell Joshua Shane and Blackwell Kristy Oakley
Seller's Agent
Brian Piercy
ERA Real Estate Modo
Buyer's Agent
Brittany Collins
Realty ONE Group DocksideNorth
List Price
$160,000
Sold Price
$157,500
Premium/Discount to List
-$2,500
-1.56%
Total Days on Market
34
Current Estimated Value
$151,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,139
Avg. Annual Appreciation
-1.38%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Eller Mark R
Bought by
Binegar Andrew D

Purchase Details

Closed on
Feb 25, 2005
Sold by
Martinique Investors Llc
Bought by
Oceanfront Condominium Development Inc

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
Blackwell Joshua Shane $157,500 --
Binegar Andrew D $72,500 --
Oceanfront Condominium Development Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Sold $157,500 -1.6% $391 / Sq Ft
04/19/2022 04/19/22 For Sale $160,000 -- $397 / 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 $9,765 $0 $9,765
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 $1,184 $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: 2208331

Coastal Carolinas Association of REALTORS®

APN: 42105020244