NOT LISTED FOR SALE

Ocean Reef A Seaside Resort 7100 N Ocean Blvd Unit 817 Ocean Reef South Myrtle Beach, SC 29572

Estimated Value: $342,000 - $373,000

3 Beds
2 Baths
1,136 Sq Ft
$1,747/mo HOA Fee

Last Sold March 22, 2024

Last sale price $360,000 $317 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,020/month

21 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Furnished
  • Primary bedroom faces the ocean
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of March 2024

This is the light-filled, spacious apartment with gorgeous ocean views you've been looking for. The well-maintained 3-bedroom 2-bathroom unit is attractively positioned on the 8th floor and near to the ocean side of the building. With a foyer entry, a full kitchen with granite countertops and a large, private balcony for both the living room and the master bedroom, this condo provides the complete beach lifestyle. The condo comes fully furnished - a perfect turnkey solution for a vacation home and/or rental investment. Ocean Reef features an abundance of amenities including a lazy river, indoor and outdoor hot tubs and pools, a water park for children, a cafe and bar, a fitness center and more. Ocean Reef is located in the heart of Myrtle Beach near great dining and golf opportunities.

Last Listed By

Adam Levy

Century 21 The Harrelson Group License #133902 Listed on: 01/31/2024

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

HOA Fees

  • $1,747 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 1,136 Sq Ft Home
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Open Floorplan
  • Carpet
  • Washer and Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the ocean
  • Primary Bedroom on Main
  • Linen Closet
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Additional Features

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, landscape/lawn, insurance, rec. facilities, master antenna/cable TV, internet access, pest control
  • High-Rise Condominium

Amenities

  • Elevator

Recreation

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,747 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 2002
  • 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: 1747
  • HOA Management Company: Leslie Styles 843-497-3555
  • Lvt Date: 01/31/2024
  • Sold Total Heated Sq Ft: 1136
  • Sold Total Sq Ft: 1186
  • Total Heated Sq Ft: 1136
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Elevator-Exterior
  • Gross Annual Rental Incom: $57,799
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Reef South Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 08
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Other Rooms: First Floor Bedrooms, Foyer
  • Primary Bathroom: Tub/Shower Combo, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range, Oven, Freezer, Microwave, Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Linen Closet, Oceanfront Master Bedroom
  • Bedrooms: 3
  • Dining Room Type: Fam/Dr Combo, Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1186

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Landscape/Lawn, Insurance, Rec. Facilities, Master Antenna/Cable Tv, Internet Access, Pest Control

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
Jan 31, 2024
Closed on
Mar 21, 2024
Sold by
Powers David Ellis
Bought by
Merel F Keck Jr Revocable Trust and Keck Merel F Jr Tr
Seller's Agent
Adam Levy
Century 21 The Harrelson Group
Buyer's Agent
George Miles
Ocean Front Guru Real Estate
List Price
$379,900
Sold Price
$360,000
Premium/Discount to List
-$19,900
-5.24%
Total Days on Market
21
Views
59
Current Estimated Value
$356,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,902
Avg. Annual Appreciation
-0.97%

Purchase Details

Closed on
Mar 27, 2009
Sold by
Moorman Sarah
Bought by
Powers David Ellis

Purchase Details

Closed on
Feb 20, 2006
Sold by
Warren Gregory T
Bought by
Moorman Sarah

Purchase Details

Closed on
Aug 2, 2005
Sold by
Bell Sion A
Bought by
Moorman Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2005
Sold by
Bell Sion A
Bought by
Bell Sion A and Warren Gregory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bonanza Investments Llc
Bought by
Bell Sion A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2004
Sold by
Oceanside Properties Inc
Bought by
Bonanza Investments Llc

Purchase Details

Closed on
Sep 23, 2002
Sold by
Winchester Oceanfront Corp
Bought by
Oceanside Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Merel F Keck Jr Revocable Trust $360,000 --
Powers David Ellis $240,000 --
Moorman Sarah -- None Available
Moorman Sarah $550,000 --
Bell Sion A -- --
Bell Sion A $460,000 --
Bonanza Investments Llc $343,000 --
Oceanside Properties Inc $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moorman Sarah $440,000
Previous Owner Bell Sion A $427,500
Previous Owner Oceanside Properties Inc $183,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $360,000 -5.2% $317 / Sq Ft
01/31/2024 01/31/24 For Sale $379,900 -- $334 / 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 -- $22,890 $0 $22,890
2023 $3,573 $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 $12,120 $0 $12,120
2016 -- $12,120 $0 $12,120
2015 $3,151 $21,210 $0 $21,210
2014 $3,064 $12,120 $0 $12,120
Source: Public Records

Agents Affiliated with this Home

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2402608

Coastal Carolinas Association of REALTORS®

APN: 42105020194