$214,999
SOLD JUN 1, 2018

Ocean Reef A Seaside Resort 7100 N Ocean Blvd Unit 516 Ocean Reef Resor Myrtle Beach, SC 29572

Grande Dunes Neighborhood
2 Beds
2 Baths
950 Sq Ft
$874/mo HOA Fee

Recently Sold

$226 Per Sq Ft

9% Below List Price

186 Days on Market

Highlights

  • Private Pool
  • Furnished
  • Solid Surface Countertops
  • Soaking Tub in Primary Bathroom
  • Lawn
  • Elevator

About This Home

As of June 2021

Great opportunity to own one of the most popular floor plans at Ocean Reef Resort. Modern unit up to date with all upgrades completed and paid for. Updated kitchen and baths with granite counter tops. One of Myrtle beach's most popular resorts-Ocean Reef Resort. Guests happily return for vacation year after year. Close to everything Myrtle Beach and North Myrtle Beach has to offer.

Last Agent to Sell the Property

Shannon Thompson

KingOne Properties, LLC Listed on: 11/09/2017

KingOne Properties, LLC

Last Buyer's Agent

Mark Loomis

INNOVATE Real Estate License #17941

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,865

Year Built

  • Built in 2002

HOA Fees

  • $874 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 5th floor
  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 950 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom

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, master antenna/cable TV, common maint/repair, electric in unit, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

Building Details

  • Security

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,865

Year Built

Built in 2002

Lot Details

0

HOA Fees

$874 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 2002
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 874
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 11/09/2017
  • Sold Total Heated Sq Ft: 950
  • Sold Total Sq Ft: 1000
  • Total Heated Sq Ft: 950
  • 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, Pool-Indoor Private, Spa/Hot Tub, Storm Doors, Storm Windows
  • Gross Annual Rental Incom: 2017 YTD- $43,490.04
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Reef South Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Elevator-Interior, Fire Sprinkler, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Primary Bathroom: Tub
  • Kitchen Type: Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Refrigerator, Range
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1000

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, Security, 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
May 11, 2021
Closed on
Jun 23, 2021
Sold by
Consaul Richard G
Bought by
Buatti Jacob and Buatti Jenelle
Seller's Agent
Mark Loomis
INNOVATE Real Estate
Buyer's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
List Price
$234,975
Sold Price
$228,500
Premium/Discount to List
-$6,475
-2.76%
Current Estimated Value
$315,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,475
Avg. Annual Appreciation
7.19%
Original Mortgage
$168,750
Outstanding Balance
$153,446
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$153,307

Purchase Details

Listed on
Nov 9, 2017
Closed on
Jun 1, 2018
Sold by
Petros Andrew J
Bought by
Consaul Richard and Consaul Barbara A
Seller's Agent
Shannon Thompson
KingOne Properties, LLC
Buyer's Agent
Mark Loomis
INNOVATE Real Estate
List Price
$235,000
Sold Price
$214,999
Premium/Discount to List
-$20,001
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Sep 13, 2002
Sold by
Winchester Oceanfront Corp
Bought by
Petros Andrew J and Petros Mary Joan
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $228,500 --
Warranty Deed $214,999 --
Deed $219,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $228,500 -2.8% $240 / Sq Ft
05/11/2021 05/11/21 For Sale $234,975 +9.3% $247 / Sq Ft
06/01/2018 06/01/18 Sold $214,999 0.0% $226 / Sq Ft
05/04/2018 05/04/18 Price Changed $214,999 -8.5% $226 / Sq Ft
11/09/2017 11/09/17 For Sale $235,000 -- $247 / 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 $3,865 $20,400 $0 $20,400
2023 $3,865 $21,420 $0 $21,420
2021 $3,567 $21,420 $0 $21,420
2020 $3,154 $21,420 $0 $21,420
2019 $3,154 $21,420 $0 $21,420
2018 $0 $15,750 $0 $15,750
2017 $2,367 $9,000 $0 $9,000
2016 -- $9,000 $0 $9,000
2015 $2,340 $15,750 $0 $15,750
2014 $2,275 $9,000 $0 $9,000
Source: Public Records

Agents Affiliated with this Home

  • Mark Loomis

    Seller's Agent in 2021

    Mark Loomis

    INNOVATE Real Estate

    (843) 333-3568

    9 in this area

    130 Total Sales

    Mark Loomis
    Section Image
  • Jerry Pinkas Team

    Buyer's Agent in 2021

    Jerry Pinkas Team

    Jerry Pinkas R E Experts

    (843) 839-9870

    70 in this area

    913 Total Sales

    Jerry Pinkas Team
    Section Image
  • Shannon Thompson

    Seller's Agent in 2018

    Shannon Thompson

    KingOne Properties, LLC

    (386) 290-9866

    12 in this area

    81 Total Sales

    Shannon Thompson
    Section Image
See All Agents

About Ocean Reef A Seaside Resort

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1723786

Coastal Carolinas Association of REALTORS®
South Carolina Horry County Myrtle Beach 29572 Grande Dunes

7100 N Ocean Blvd Unit 516 Ocean Reef Resor, Myrtle Beach, SC

This home is located at 7100 N Ocean Blvd Unit 516 Ocean Reef Resor, Myrtle Beach, SC 29572 and is currently priced at $214,999, approximately $226 per square foot. This property was built in 2002. 7100 N Ocean Blvd Unit 516 Ocean Reef Resor is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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