NOT LISTED FOR SALE

Grande Cayman 7200 N Ocean Blvd Unit 560 Myrtle Beach, SC 29572

Estimated Value: $200,000 - $212,522

1 Bed
1 Bath
550 Sq Ft
$549/mo HOA Fee

Last Sold July 26, 2018

Last sale price $120,000 $218 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,891/month

8 Days on Market

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Furnished
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Community Indoor Pool
  • Lawn

About This Home

As of July 2018

Nice 1BR 1BA ocean front condo at the well known Long Bay Resort. Amenites include, spas, lazy river and onsight restaurant. The Long Bay Resort is close to everything the Grand Strand has to offer, restaurants, entertainment, Golf, shopping and so much more! This one will not last!! Jump on this in time for the peak season income or just to have a beach getaway for your family!

Last Listed By

Brian Piercy

ERA Real Estate Modo License #46543 Listed on: 06/12/2018

ERA Real Estate Modo

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1997

Lot Details

  • Lawn

HOA Fees

  • $549 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • 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, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit, recycling, internet access
  • High-Rise Condominium

Recreation

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,459

Year Built

Built in 1997

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1997
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Electric, Window/Wall Unit
  • Monthly HOA as Calculated: 549
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 06/12/2018
  • Sold Total Heated Sq Ft: 550
  • Sold Total Sq Ft: 600
  • Total Heated Sq Ft: 550
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 2017-$31,452
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Grande Cayman Resort (formerly Long Bay Resort)
  • Rental Mgmt Contract: Yes
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1997

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Microwave, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 600

Exterior Features

  • Exterior Finish: Concrete Fiber Siding
  • 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, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Recycling, 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
Jun 12, 2018
Closed on
Jul 27, 2018
Sold by
Groscup
Bought by
Marsh Thomas James and Marsh Wendy
Seller's Agent
Brian Piercy
ERA Real Estate Modo
Buyer's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
8
Current Estimated Value
$205,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,131
Avg. Annual Appreciation
9.06%
Original Mortgage
$90,000
Outstanding Balance
$57,325
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$159,053

Purchase Details

Listed on
Feb 27, 2015
Closed on
Mar 23, 2015
Sold by
Cowart Eric Vernon
Bought by
Suzanne Hunter Groscup Revocable Trust
Seller's Agent
Greg Sisson
The Ocean Forest Company
Buyer's Agent
Piercy Real Estate Team
Ocean Front Guru Real Estate
List Price
$109,900
Sold Price
$103,950
Premium/Discount to List
-$5,950
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Feb 12, 2003
Sold by
Cowart W Vernon and Cowart Brendal R
Bought by
Cowart Eric Vernon

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
Marsh Thomas James $120,000 --
Suzanne Hunter Groscup Revocable Trust $103,950 --
Cowart Eric Vernon $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Thomas James $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $120,000 -4.0% $218 / Sq Ft
06/12/2018 06/12/18 For Sale $125,000 +20.3% $227 / Sq Ft
03/23/2015 03/23/15 Sold $103,950 -5.4% $173 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $109,900 -- $183 / 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
2023 $2,459 $14,700 $0 $14,700
2021 $2,270 $14,700 $0 $14,700
2020 $2,165 $14,700 $0 $14,700
2019 $2,165 $14,700 $0 $14,700
2018 $1,596 $10,500 $0 $10,500
2017 $1,578 $6,000 $0 $6,000
2016 -- $6,000 $0 $6,000
2015 $1,123 $7,560 $0 $7,560
2014 $1,092 $4,320 $0 $4,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1812584

Coastal Carolinas Association of REALTORS®

APN: 42208010050