NOT LISTED FOR SALE

Estimated Value: $127,000 - $158,000

1 Bed
1 Bath
401 Sq Ft
$540/mo HOA Fee

Last Sold October 23, 2018

Last sale price $97,000 $242 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,471/month

61 Days on Market

Highlights

  • Ocean Front
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Balcony
  • Spa
  • Furnished
  • Central Heating and Cooling System

About This Home

As of October 2018

Direct oceanfront unit on 7th floor, not too high and not too low, this unit is in just the perfect location within the building. Whether used as an investment or second home this is a great efficiency unit in one of the best resorts in Myrtle Beach. This is a fully furnished unit with a double bed. Ocean Reef is in a more prestigious area toward north end of Myrtle Beach with very well managed HOAs. Don’t miss the large pool, grassy sunning area, seasonal pool bar, and hot tubs, “Shipwreck” kiddie water park, indoor and outdoor kiddie pools, indoor pool, lazy river and hot tub. Only minutes away from the downtown hotel section, Broadway at the Beach and yet closer to some of the best restaurants and theaters. Motivated seller, don’t miss your chance to look at this unit.

Last Agent to Sell the Property

Sitora Khaydarkulova

RCB Real Estate & Development License #100644 Listed on: 07/27/2018

Last Buyer's Agent

Pamela Palmiter

Palmiter Real Estate License #65100

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 2004

Lot Details

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 401 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Open Floorplan
  • Dining Area
  • Carpet

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Spa

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, golf, legal and accounting, common maint/repair
  • High-Rise Condominium

Recreation

Additional Features

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,635

Year Built

Built in 2004

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Lot Description: Irregular
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Tenant Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 2004
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 540
  • HOA Management Company: Ally 843-497-3555
  • Living Room Type: Ceiling Fan
  • Lvt Date: 07/27/2018
  • Sold Total Heated Sq Ft: 401
  • Sold Total Sq Ft: 401
  • Total Heated Sq Ft: 401
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Reef Resort North Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 07
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Furnished
  • Primary Bathroom: Shower, Tub
  • Kitchen Type: Freezer, Microwave, Oven, Refrigerator, Range Hood, Range
  • Bedrooms: Efficiency
  • Dining Room Type: Area, Fam/Dr Combo, Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 401

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Sewer, Underground Utilities, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Golf, Legal And Accounting, Common Maint/Repair

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
Jul 27, 2018
Closed on
Oct 22, 2018
Sold by
Davis Timothy A
Bought by
Hackney John D and Hackney Joyce T
Seller's Agent
Sitora Khaydarkulova
RCB Real Estate & Development
Buyer's Agent
Pamela Palmiter
Palmiter Real Estate
List Price
$104,900
Sold Price
$97,000
Premium/Discount to List
-$7,900
-7.53%
Current Estimated Value
$143,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,977
Avg. Annual Appreciation
5.99%
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
Hackney John D $97,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $97,000 -7.5% $242 / Sq Ft
07/27/2018 07/27/18 For Sale $104,900 -- $262 / 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 $1,635 $9,765 $0 $9,765
2023 $1,635 $9,765 $0 $9,765
2021 $1,508 $9,765 $0 $9,765
2020 $1,438 $9,765 $0 $9,765
2019 $1,438 $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: 1815760

Coastal Carolinas Association of REALTORS®

APN: 42105020321