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$112,000

Beds
Unknown
Baths
1.0
sq ft
360

1501 S Ocean Blvd Unit 1401, Myrtle Beach, SC 29577

1501 S Ocean Blvd Unit 1401

Myrtle Beach, SC 29577

  • 83 days on market
    • Price drop $7,000↓
Welcome to your own piece of paradise at this updated efficiency condo with breathtaking ocean views! This charming unit has been equipped with a brand-new HVAC system, ensuring your comfort in every season. Step inside and be greeted by the soothing sounds of the Atlantic waves and the refreshing sea breeze. The living space is thoughtfully designed to maximize functionality while maintaining a cozy atmosphere. But it's not just the interior that will captivate you; step out onto your private balcony and be prepared to be mesmerized by the stunning panoramic views of the Atlantic Ocean. This oceanfront haven is not only about the views but also about the incredible amenities that come with it. Dive into a world of fun and relaxation with access to a waterpark, both indoor and outdoor pools, and a lazy river. Picture yourself basking in the sun or floating along the lazy river, all while enjoying the sound of the ocean in the background. When it's time to refuel, you won't have to venture far. A poolside snack bar and restaurant are conveniently located, offering a variety of delicious options to satisfy your cravings without leaving the comfort of the resort. This condo is not just a place to stay; it's a destination that combines comfort, convenience, and the unparalleled beauty of the Atlantic Ocean. Experience the coastal lifestyle at its finest, with a perfect blend of relaxation and excitement right at your fingertips.

Details

Property type

Condominium

Est. home value

$107,163

Lot size

Unknown

Price per sq ft

$312

Year built

1973

Monthly HOA fee

$616

Price History

10/01/2024
MyrtleBeach

MyrtleBeach #2420489

Price change
$112,000
-5.88%
09/03/2024
MyrtleBeach

MyrtleBeach #2420489

Listed
$119,000
03/06/2024
MyrtleBeach

MyrtleBeach #2402674

Removed
$119,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

Community features: 

Pool, Clubhouse

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

$38,939
Asking price
$112,000
Closing costs (~8% of asking)
-$8,960
Est. remaining loan balance
-$64,101
Cash to seller
$38,939

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

Seller’s Loan History

Lender

United Bank

Loan start date

April 2023

Original loan amount

$69,000

Est. remaining balance

$64,101

Interest rate

5.51%

Loan type

New Conventional, 15 year

Seller

Steven Ricket

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?

Status: Active

Tomo last checked: 11/25/2024 at 1:55 AM

Listing updated: 10/01/2024 at 5:48 PM

Listed by: Emily French, RE/MAX Southern Shores Phone #: (843) 839-0200

MLS: MyrtleBeach #2420489

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