$76,000
SOLD FEB 13, 2017
-- Bed
1 Bath
400 Sq Ft
$526/mo HOA Fee

Recently Sold

$190 Per Sq Ft

5% Below List Price

23 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Furnished
  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Lawn

About This Home

As of June 2022

Must see this direct Oceanfront, Eff/1ba, furnished, 8th floor unit w/ excellent rental history in Ocean Reef N. Tower! This unit has been completely renovated over the last 4 years, HVAC replaced in 2015, all upgrades kept up per rental company suggestions & amazing ocean views up & down the coast! Come relax & enjoy your morning coffee or an evening cocktail on your oceanfront balcony listening to the sights and sounds of the beautiful Atlantic Ocean! On top of this fantastic unit, Ocean Reef offers great amenities including indoor & outdoor pools, hot tub/spa, lazy river, kiddie pool, restaurant/lounge, Tiki Bar, fitness center and of course the beautiful Atlantic Ocean w/ 60 miles of white sandy beaches! Ocean Reef is conveniently located in the heart of the Grand Strand close to all of the shopping, dining, golf, entertainment, area attractions and all the beach has to offer. Whether an investment or your vacation get-a-way, don't miss ~ come live the dream!

Last Agent to Sell the Property

Gregory Harrelson

Century 21 The Harrelson Group License #12838 Listed on: 11/16/2016

Century 21 The Harrelson Group

Co-Listed By

John Lindstrand

Century 21 The Harrelson Group License #58311

Last Buyer's Agent

Brian Piercy

ERA Real Estate Modo License #46543

ERA Real Estate Modo

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,291

Year Built

  • Built in 1975

Lot Details

  • Lawn

HOA Fees

  • $526 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile
  • Lead Paint Disclosure

Interior Spaces

  • 400 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

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

Home Security

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • 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
  • Elevator

Recreation

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,291

Year Built

Built in 1975

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, 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: Electric, Window/Wall Unit
  • Monthly HOA as Calculated: 526
  • HOA Management Company: Ally Mgmt/Pam 843-497-3555
  • Lvt Date: 11/16/2016
  • Sold Total Heated Sq Ft: 400
  • Sold Total Sq Ft: 401
  • Total Heated Sq Ft: 400
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Lawn Sprinkler, Pool-Outdoor Private, Elevator-Exterior, Pool-Indoor Private, Spa/Hot Tub
  • Gross Annual Rental Incom: $20,962 thru Sept 2016
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Reef Resort North Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 08
  • Geo Subdivision: SC
  • Special Features: 12
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

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

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, 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, 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
Apr 19, 2022
Closed on
Jun 4, 2022
Sold by
Herring Richard William
Bought by
Schnipp Daniel R and Schnipp Melissa A
Seller's Agent
Brian Piercy
ERA Real Estate Modo
Buyer's Agent
Gail Bennett
Ocean Front Guru Real Estate
List Price
$165,000
Sold Price
$162,900
Premium/Discount to List
-$2,100
-1.27%
Current Estimated Value
$148,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,853
Avg. Annual Appreciation
-2.98%
Original Mortgage
$105,885
Outstanding Balance
$91,195
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$56,852

Purchase Details

Listed on
Nov 16, 2016
Closed on
Feb 10, 2017
Sold by
Zhang Chao and Chen Xiaoqian
Bought by
Lowe Deborah C and Herring Richard William
Seller's Agent
Gregory Harrelson
Century 21 The Harrelson Group
Buyer's Agent
Brian Piercy
ERA Real Estate Modo
List Price
$79,900
Sold Price
$76,000
Premium/Discount to List
-$3,900
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.44%

Purchase Details

Closed on
Sep 19, 2005
Sold by
Roskov Andrea J
Bought by
Zhang Chao and Chen Xiaoquian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,320
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
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 $162,900 --
Warranty Deed $76,000 None Available
Warranty Deed $202,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,885 New Conventional
Previous Owner $162,320 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $162,900 -1.3% $421 / Sq Ft
04/19/2022 04/19/22 For Sale $165,000 +117.1% $426 / Sq Ft
02/13/2017 02/13/17 Sold $76,000 -4.9% $190 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $79,900 -- $200 / 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: 1622434

Coastal Carolinas Association of REALTORS®

APN: 42105020332