NOT LISTED FOR SALE

Estimated Value: $361,000 - $395,000

2 Beds
2 Baths
1,050 Sq Ft
$1,075/mo HOA Fee

Last Sold July 19, 2021

Last sale price $269,900 $257 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,373/month

15 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Whirlpool Bathtub
  • Ocean Drive Elementary School Rated A
  • Spa
  • End Unit

About This Home

As of July 2021

Ocean ocean front 2 bedroom 2 full bath corner unit on 6th floor, The Prince Resort is directly oceanfront and is one of North Myrtle Beach's most attractive facades. Done in an Art Deco motif Prince Resort is uniquely positioned in the center of the Cherry Grove section of North Myrtle Beach. Cherry Grove has welcomed families for almost a century! The Prince Family operated out of this location for many years at the Prince Motel and Fishing Pier. Put on your flip flops, shorts and favorite tee shirt (the quintessential beach attire) and plunge in to all that the Prince Resort has to offer. Experience The Prince's magnificent views of the Atlantic Ocean. It is a beachfront resort, with contemporary one, two and three bedroom units. You really do not have to leave the property as everything you need is there including the 3500 Ocean Grill. a poolside tiki bar, a rooftop lazy river, and Kidde pool on the ocean all wrapped up in one of Myrtle Beach's most exciting locations. You are located only 2 miles north of the world famous Ocean Drive Beach and all of its Shag Clubs (South Carolinas state dance), the Ocean Drive Pavilion (the only oceanfront amusement park on the beach) and is close to countless golf course, restaurants, shopping and entertainment... Come today and make Prince your new home away from home, Unit produces good rental income and is a good buy at this price!

Last Agent to Sell the Property

Keith Hellmer

Carolina Resorts Realty Co. License #13350 Listed on: 06/03/2021

Last Buyer's Agent

Brandon Brookshire

Carolina Strand Realty License #4212

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • End Unit
  • Lawn

HOA Fees

  • $1,075 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 6th floor
  • Stucco
  • Tile

Interior Spaces

  • 1,050 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Shower Only

Home Security

Outdoor Features

  • Spa
  • Balcony

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • 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, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Pool

Building Details

  • Security

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,729

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,075 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanfront-Unit, End Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Trash Pickup, Cable Tv, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Lazy River
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 1075
  • HOA Management Company: Ally 843-431-3555
  • Lvt Date: 06/07/2021
  • Sold Total Heated Sq Ft: 1050
  • Sold Total Sq Ft: 1116
  • Total Heated Sq Ft: 1050
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Elevator-Exterior, Spa/Hot Tub, Storm Doors, Storm Windows
  • Gross Annual Rental Incom: $19456 '19 $16927 '20
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Prince Resort - Phase I - Cherry Grove
  • Rental Mgmt Contract: Yes
  • Which Floor: 06
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Washer/Dryer, Enter Through Foyer
  • Primary Bathroom: Double Sink, Shower, Whirlpool Tub
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Oven, Freezer, Microwave, Range Hood, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Oceanfront Master Bedroom
  • Bedrooms: 2
  • Dining Room Type: Area, Ceiling Fan, Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1116

Exterior Features

  • Exterior Finish: Stucco

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, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Internet Access, Pest Control

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Zoning: MF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 15, 2021
Sold by
Ward Gary E
Bought by
Prince Resort Rental Management
Seller's Agent
Keith Hellmer
Carolina Resorts Realty Co.
Buyer's Agent
Brandon Brookshire
Carolina Strand Realty
List Price
$259,900
Sold Price
$269,900
Premium/Discount to List
$10,000
3.85%
Current Estimated Value
$378,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,911
Avg. Annual Appreciation
8.26%
Original Mortgage
$202,425
Outstanding Balance
$183,753
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$195,058

Purchase Details

Closed on
Feb 23, 2007
Sold by
Investment Group Of Nmb Llc
Bought by
Ward Gary E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Prince Resort Rental Management $269,900 --
Ward Gary E $519,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prince Resort Rental Management $202,425
Closed Prince Resort Rental Management $202,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $269,900 0.0% $257 / Sq Ft
06/08/2021 06/08/21 Price Changed $269,900 +3.8% $257 / Sq Ft
06/03/2021 06/03/21 For Sale $259,900 -- $248 / 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 $3,729 $22,200 $0 $22,200
2023 $3,729 $17,430 $0 $17,430
2021 $3,395 $17,430 $0 $17,430
2020 $2,229 $17,430 $0 $17,430
2019 $2,150 $17,430 $0 $17,430
2018 $0 $20,790 $0 $20,790
2017 $2,694 $11,880 $0 $11,880
2016 -- $11,880 $0 $11,880
2015 $2,671 $20,790 $0 $20,790
2014 $2,585 $11,880 $0 $11,880
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2112393

Coastal Carolinas Association of REALTORS®

APN: 35114040304