$225,000
SOLD MAR 21, 2019

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

Grande Dunes Neighborhood
3 Beds
2 Baths
1,100 Sq Ft
$1,160/mo HOA Fee

Recently Sold

$205 Per Sq Ft

1% Below List Price

126 Days on Market

Highlights

  • Private Pool
  • Lawn
  • Elevator
  • Furnished
  • Solid Surface Countertops
  • Balcony

About This Home

As of September 2022

DO NOT LET THIS ONCE IN A WHILE OPPORTUNITY PASS YOU BY!!! THE OCEAN REEF RESORT RESORT IS ONE OF THE MOST REQUESTED RESORTS ALONG THE GRAND STRAND!! RARELY DO THESE 3 BEDROOM, INCOME PRODUCING CONDOS COME ON THE MARKET!! THIS UNIT IS FULLY FURNISHED AND COMPLETELY UPGRADED, ALONG WITH GRANITE COUNTER TOPS!! SIT ON YOUR BALCONY AND TOAST THE SUNSET!! FALL ASLEEP TO THE SOUNDS OF THE OCEAN WAVES!! AWAKEN TO THE RISING SUN OVER THE OCEAN!! WHETHER YOU'RE LOOKING FOR AN OCEANSIDE RETREAT, OR INVESTMENT PROPERTY, THIS CONDO HAS IT ALL!! THE OCEAN REEF IS LOCATED IN THE FAMILY FRIENDLY SECTION OF MYRTLE BEACH, CLOSE TO UPSCALE RESTAURANTS, SHOPPING AND FAMILY ENTERTAINMENT!! THE RESORTS HAS ON THE "CRUISE SHIP" AMENITIES, SO YOU'LL NEVER NEED TO LEAVE YOUR PIECE OF PARADISE!! SO HURRY UP, AND COME PUT YOUR TOES IN THE SAND...IT'S MUCH BETTER THAN SHOVELING SNOW!!

Last Agent to Sell the Property

Shannon Thompson

KingOne Properties, LLC License #72504 Listed on: 10/30/2018

KingOne Properties, LLC

Last Buyer's Agent

Karin Kinkaide

Century 21 The Harrelson Group License #85864

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,606

Year Built

  • Built in 2003

HOA Fees

  • $1,160 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Raised Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 1,100 Sq Ft Home
  • Furnished
  • Window Treatments
  • Dining Area
  • Carpet
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Pool

  • Private Pool
  • Spa

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

  • Lawn

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, security, 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
  • Elevator

Recreation

Pet Policy

  • Only Owners Allowed Pets

Building Details

  • Security

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,606

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,160 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: 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
  • Estimated Year Built: 2003
  • 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: 1160
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 10/30/2018
  • Sold Total Heated Sq Ft: 1100
  • Sold Total Sq Ft: 1200
  • Total Heated Sq Ft: 1100
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Handicap Access, Pool-Indoor Private, Spa/Hot Tub
  • Gross Annual Rental Incom: 2018-$46,653.58
  • 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: 2003

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Elevator-Interior, Fire Sprinkler, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Microwave, Refrigerator, Range
  • Bedrooms: 3
  • Dining Room Type: Area
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1200

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Raised Beach

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, Security, 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: 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
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%
Views
7
Current Estimated Value
$356,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,843
Avg. Annual Appreciation
1.89%
Original Mortgage
$255,000
Outstanding Balance
$245,529
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$112,768

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
Source: Public Records

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Range of Values:

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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 $340,000 --
Warranty Deed $225,000 --
Deed $305,000 --
Deed $239,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $173,600 New Conventional
Previous Owner $274,500 Purchase Money Mortgage
Previous Owner $50,000 Unknown
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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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1821997

Coastal Carolinas Association of REALTORS®

APN: 42105020153