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$429,000

Beds
5
Baths
5.0
sq ft
3,030

200 53rd Ave N Unit 209, North Myrtle Beach, SC 29582

200 53rd Ave N Unit 209

North Myrtle Beach, SC 29582

  • 211 days on market
    • Price drop $70,000↓
Great Investment Opportunity in Cherry Grove! This two-story 5 Bedroom, 5 full Bath condo is located on the second row in the family-friendly Cherry Grove section of North Myrtle Beach. This fully furnished condo features over 3,000 heated square feet of living space with 2 large balconies! The first floor features an open concept with LVP flooring in the Living, Dining area, and Kitchen. Kitchen boasts granite counter tops, large work island with bar seating, all appliances and an extra refrigerator. Also on the main level is another bedroom with a private bath as well as a full guest bath. Upstairs features a large Family Room, 4 Bedrooms, 3 Baths and a large Laundry Room. There is also an elevator in the building. Property Amenities: community outdoor pool, hot tub and grill facilities for your enjoyment. Great central location and ability to accommodate up to 18 guests, this unit has excellent year-round rental history. It is close to all the Grand Strand has to offer: great championship golf courses, good schools, excellent restaurants, entertainment, fishing, shopping, medical facilities, not too far from the Myrtle Beach International Airport and of course, the Beaches! All data is approximate and not guaranteed by the seller or the listing agent. Buyer is responsible for all verifications.

Details

Property type

Condominium

Est. home value

$521,499

Lot size

Unknown

Price per sq ft

$142

Year built

2007

Monthly HOA fee

$2,002

Price History

10/01/2024
MyrtleBeach

MyrtleBeach #2409858

Listed
$429,000
09/21/2024
MyrtleBeach

MyrtleBeach #2409858

Pending
$429,000
07/26/2024
MyrtleBeach

MyrtleBeach #2409858

Price change
$429,000
-14.03%

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North 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

$223,966
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$170,714
Cash to seller
$223,966

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

Seller’s Loan History

Lender

Citizens Bank

Loan start date

December 2019

Original loan amount

$236,250

Est. remaining balance

$170,714

Interest rate

3.15%

Loan type

New Conventional, 15 year

Seller

Cgv209 Llc

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: 11/14/2024 at 8:15 PM

Listing updated: 10/01/2024 at 12:08 PM

Listed by: Michael Dorman, EXP Realty LLC Phone #: (888) 440-2798

MLS: MyrtleBeach #2409858

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