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$160,000

Beds
1
Baths
1.5
sq ft
560

1501 S Ocean Blvd Unit 1243, Myrtle Beach, SC 29577

1501 S Ocean Blvd Unit 1243

Myrtle Beach, SC 29577

  • 6 days on market
Tile and wood floors; granite counters and vanities; well kept; unit great as investment property or second home. **ALL SHOWINGS MUST BE ACCOMPANIED BY ACTIVE SC REAL ESTATE LICENSEE.**

Details

Property type

Condominium

Est. home value

$161,017

Lot size

Unknown

Price per sq ft

$286

Year built

1996

Monthly HOA fee

$1,022

Price History

12/16/2024
MyrtleBeach

MyrtleBeach #2428291

Listed
$160,000
+59.2%
06/21/2021
MyrtleBeach

MyrtleBeach #2107510

Sold
$100,500
+16.18%
03/28/2017
MyrtleBeach

MyrtleBeach #1617202

Sold
$86,500

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$45,924
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$101,276
Cash to seller
$45,924

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citadel Servicing

Loan start date

November 2022

Original loan amount

$103,600

Est. remaining balance

$101,276

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Frank Soo Hoo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 10:00 AM

Listing updated: 12/17/2024 at 7:16 PM

Listed by: Bob Schreiber, The Hoffman Group Phone #: (843) 848-8900

MLS: MyrtleBeach #2428291

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