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$149,575

Beds
1
Baths
1.5
sq ft
594

1501 S Ocean Blvd Unit 742, Myrtle Beach, SC 29577

1501 S Ocean Blvd Unit 742

Myrtle Beach, SC 29577

  • 3 days on market
Beautifully updated DIRECT OCEANFRONT 1 bedroom / 1.5 bathroom condo in the heart of Myrtle Beach, SC. #742 Landmark is one of the rarer floor plans in this resort with it having the extra half bath and a little more square footage than the other 1 BR's in the resort. Your new beach retreat has LVP flooring throughout with ceramic tile floors in the bathrooms. Granite sink tops in both bathrooms along with framed mirrors. The full galley kitchen has granite countertops, raised-panel cabinets with brushed nickel pulls, and all-black appliances (smooth-top stove/oven, built-in microwave, and full-size refrigerator). The living room features a large sleeper sofa, love seat, large flat-screen TV, small dining table, and a murphy bed. 4 adults can sleep in this condo with no one sharing a bed. Finally, the VIEW is nothing short of pure peace and serenity! You have 180 degree views of the northern and southern coastline - you can see 30 miles on a clear day! This is your chance to own a great rental income producing beach retreat at an affordable price. B.E.A.C.H. = Best Escape Anyone Can Have !!

Details

Property type

Condominium

Est. home value

$154,767

Lot size

Unknown

Price per sq ft

$252

Year built

1996

Monthly HOA fee

$1,022

Price History

07/04/2024
MyrtleBeach

MyrtleBeach #2415880

Listed
$149,575
+45.22%
08/02/2021
MyrtleBeach

MyrtleBeach #2112294

Sold
$103,000

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

$81,107
Asking price
$149,575
Closing costs (~8% of asking)
-$11,966
Est. remaining loan balance
-$56,502
Cash to seller
$81,107

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

August 2021

Original loan amount

$68,000

Est. remaining balance

$56,502

Interest rate

2.24%

Loan type

New Conventional, 15 year

Seller

Charles Nadler and Renee Cool

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: 07/07/2024 at 4:20 PM

Listing updated: 07/04/2024 at 3:43 PM

Listed by: Mark Loomis, INNOVATE Real Estate Phone #: (843) 839-1649

MLS: MyrtleBeach #2415880

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