NOT LISTED FOR SALE

Ocean Reef A Seaside Resort 7100 N Ocean Blvd Unit 218 Ocean Reef Resor Myrtle Beach, SC 29572

Estimated Value: $354,000 - $361,000

3 Beds
2 Baths
1,136 Sq Ft
$1,299/mo HOA Fee

Last Sold September 01, 2022

Last sale price $340,000 $299 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,760/month

130 Days on Market

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Furnished
  • Clubhouse
  • Community Indoor Pool
  • Lawn

About This Home

As of September 2022

***NEW LVP flooring being installed in the LR and DR areas Don't miss out on this gorgeous 3BR/2BA condo in the highly sought after Ocean Reef Resort. You'll see why this condo stands out above the rest! Enjoy the breathtaking views of the beautiful ocean from both your living room and bedroom in this angled oceanfront condo. The large master suite overlooks the ocean and has its own private balcony entrance with the most incredible views. Relax on your balcony with your coffee and watch the sunrise or grab a cocktail as you watch the sunset! FALL ASLEEP TO THE SOUNDS OF THE OCEAN WAVES AND AWAKEN TO THE RISING SUN OVER THE OCEAN! This amazing 3 bedroom condo is fully custom furnished and has been upgraded routinely throughout! The kitchen appliances were upgraded in 2019 and a new stainless steel refrigerator (2022) will be added next week to complete the large kitchen with granite countertops. The LR furniture was replaced in 2021 as well as freshly painted bathrooms with granite. The condo has been updated with various pieces of decor in 2022. WHETHER YOU'RE LOOKING FOR AN OCEANFRONT HOME OR INVESTMENT PROPERTY THIS CONDO HAS IT ALL! THE OCEAN REEF IS LOCATED IN THE FAMILY FRIENDLY SECTION OF MYRTLE BEACH CLOSE TO THE HIGHLY DESIRED GOLDEN MILE, CLOSE TO UPSCALE RESTAURANTS, SHOPPING AND FAMILY ENTERTAINMENT! THE RESORT HAS UPSCALE AMENITIES INCLUDING BAR/RESTAUANT AND SHOPS SO YOU'LL NEVER NEED TO LEAVE YOUR PIECE OF PARADISE! SO COME AND PUT YOUR TOES IN THE SAND...ESCAPE TO PARADISE!

Last Listed By

Vicki Calviera

Realty ONE Group Dockside License #114149 Listed on: 03/25/2022

Realty ONE Group Dockside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,606

Year Built

  • Built in 2002

Lot Details

  • Lawn

HOA Fees

  • $1,299 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 1,136 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

Schools

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

Utilities

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

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup

Recreation

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,606

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,299 per month

Listing Details

  • Lot Description: Irregular
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, 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: 2002
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 1299
  • HOA Management Company: Ally Mgt. 843-497-3555
  • Lvt Date: 03/25/2022
  • Sold Total Heated Sq Ft: 1136
  • Sold Total Sq Ft: 1300
  • Total Heated Sq Ft: 1136
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: approx $70k
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Reef South Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1300

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, Elevator Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, 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: 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
Mar 25, 2022
Closed on
Aug 31, 2022
Sold by
Kbk Properties Llc
Bought by
Laberta Dustin G and Laberta Cassie
Seller's Agent
Vicki Calviera
Realty ONE Group Dockside
Buyer's Agent
Vicki Calviera
Realty ONE Group Dockside
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%
Total Days on Market
130
Views
7
Current Estimated Value
$357,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,989
Avg. Annual Appreciation
1.95%
Original Mortgage
$255,000
Outstanding Balance
$245,529
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$112,460

Purchase Details

Listed on
Oct 30, 2018
Closed on
Mar 20, 2019
Sold by
Jenkins John H
Bought by
Kbk Properties Llc
Seller's Agent
Shannon Thompson
KingOne Properties, LLC
Buyer's Agent
Karin Kinkaide
Century 21 The Harrelson Group
List Price
$228,000
Sold Price
$225,000
Premium/Discount to List
-$3,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%

Purchase Details

Closed on
Apr 28, 2004
Sold by
Jjs Of Garden City Inc
Bought by
Jenkins John H and Sammons Raymond M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2002
Sold by
Winchester Oceanfront Corp
Bought by
Jjs Of Garden City 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
Laberta Dustin G $340,000 --
Kbk Properties Llc $225,000 --
Jenkins John H $305,000 --
Jjs Of Garden City Inc $239,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laberta Dustin G $255,000
Previous Owner Tanzola Kathleen Sarniak $173,600
Previous Owner Jenkins John H $274,500
Previous Owner Jjs Of Garden City Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $340,000 -5.6% $299 / Sq Ft
04/26/2022 04/26/22 Price Changed $360,000 -5.2% $317 / Sq Ft
03/25/2022 03/25/22 For Sale $379,900 +68.8% $334 / Sq Ft
03/21/2019 03/21/19 Sold $225,000 -1.3% $205 / Sq Ft
10/30/2018 10/30/18 For Sale $228,000 -- $207 / 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 $5,606 $22,890 $0 $22,890
2023 $5,606 $22,890 $0 $22,890
2021 $3,534 $22,890 $0 $22,890
2020 $3,371 $22,890 $0 $22,890
2019 $3,371 $22,890 $0 $22,890
2018 $0 $21,210 $0 $21,210
2017 $3,188 $21,210 $0 $21,210
2016 -- $21,210 $0 $21,210
2015 $3,151 $8,080 $0 $8,080
2014 $3,064 $8,080 $0 $8,080
Source: Public Records

Agents Affiliated with this Home

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2206178

Coastal Carolinas Association of REALTORS®

APN: 42105020153