NOT LISTED FOR SALE

Estimated Value: $332,295 - $368,000

3 Beds
2 Baths
1,136 Sq Ft
$1,199/mo HOA Fee

Last Sold August 30, 2019

Last sale price $226,000 $199 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,374/month

34 Days on Market

Highlights

  • Ocean Front
  • Sitting Area In Primary Bedroom
  • Furnished
  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Lawn

About This Home

As of August 2019

Fantastic opportunity to own this 3 bedroom/2 bath oceanfront condo at the highly desirable Ocean Reef Resort. This condo is located in the South Tower of Ocean Reef which gives you a fantastic view of the Atlantic Ocean and down the South end of the Beach. The kitchen features all full size appliances, upgraded cabinets, tiled backsplash, and granite countertops. Comes with a spacious dining area and the living room overlooks your privacy balcony out to the ocean. The master bedroom comes with it's own entry doorway to the oceanfront balcony and your own master bathroom with an upgraded granite vanity. Newly installed HVAC unit October of 2018 with a 10 year guarantee. This condo has enough room for the entire family and is a great rental earner year round. Ocean Reef amenities include indoor/outdoor pools, hot tub, lazy river, water park, the on-site restaurant Cafe du Port and much more! Ocean Reef is located in the heart of Myrtle Beach close to everything including a very short walk to the Boardwalk and Skywheel and a short drive to Broadway at the Beach, entertainment, restaurants, and shopping.

Last Agent to Sell the Property

Mike Fiebernitz

RE/MAX Southern Shores License #80301 Listed on: 06/29/2019

Last Buyer's Agent

Jill Lindstrand Team

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,041

Year Built

  • Built in 2002

Lot Details

  • Lawn

HOA Fees

  • $1,199 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 9th floor
  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 1,136 Sq Ft Home
  • Furnished
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • 2 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Pool

  • Private Pool
  • Spa

Outdoor Features

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

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, telephone service in unit, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,041

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,199 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: 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: 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: 1199
  • HOA Management Company: Ally Mgmt 843-497-3555
  • Lvt Date: 07/02/2019
  • Sold Total Heated Sq Ft: 1136
  • Sold Total Sq Ft: 1236
  • 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, Lawn Sprinkler, Pool-Outdoor Private, Elevator-Exterior, Insulated Doors/Windows, Pool-Indoor Private, Spa/Hot Tub
  • Gross Annual Rental Incom: '18-$49,678, '17-$50,228
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Reef South Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 09
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Other Rooms: Foyer
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Refrigerator, Range
  • Master Bedroom Type: Sitting Area
  • Bedrooms: 3
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1236

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, Manager, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Telephone Service 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

Closed on
Aug 20, 2021
Sold by
Heydt Kurt P
Bought by
Heydt Kurt P
Current Estimated Value
$348,074

Purchase Details

Listed on
Jun 29, 2019
Closed on
Aug 30, 2019
Sold by
Morizzo Anthony J
Bought by
Heydt Kurt P and Heydt Kerrie L
Seller's Agent
Mike Fiebernitz
RE/MAX Southern Shores
Buyer's Agent
Jill Lindstrand Team
EXP Realty LLC
List Price
$234,900
Sold Price
$226,000
Premium/Discount to List
-$8,900
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$169,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2008
Sold by
Martin Frank E
Bought by
Morizzo Anthony J

Purchase Details

Closed on
Jan 3, 2005
Sold by
Coral Management Partners Llc
Bought by
Martin Frank E and Martin Lynda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 22, 2003
Sold by
Havranek Paul and Havranek Sharon M
Bought by
Coral Management Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2002
Sold by
Winchester Oceanfront Corp
Bought by
Havranek Paul and Havranek Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Heydt Kurt P -- --
Heydt Kurt P $226,000 --
Morizzo Anthony J $242,000 --
Martin Frank E $375,000 --
Coral Management Partners Llc $282,000 --
Havranek Paul $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heydt Kurt P $169,500
Previous Owner Martin Frank E $56,250
Previous Owner Martin Frank E $300,000
Previous Owner Coral Management Partners Llc $255,000
Previous Owner Havranek Paul $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $226,000 -3.8% $199 / Sq Ft
06/29/2019 06/29/19 For Sale $234,900 -- $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 $4,041 $22,020 $0 $22,020
2023 $4,041 $22,890 $0 $22,890
2021 $3,729 $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 -- $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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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1914521

Coastal Carolinas Association of REALTORS®

APN: 42105020204