tomo logo

$229,000

Beds
1
Baths
1.0
sq ft
607

2201 S Ocean Blvd Unit 805, Myrtle Beach, SC 29577

2201 S Ocean Blvd Unit 805

Myrtle Beach, SC 29577

  • 239 days on market
    • Price drop $10,900↓
Welcome to Unit #805 where you will ask yourself "How did I get here? Am I in paradise or is this a resort?" Luckily for you the answer's both! Welcome to Paradise Resort. Come on a tour to experience awe inspiring beauty of this recently remodeled, lofty, oceanfront, income producing resort condo. This may be the shortest property description you've ever seen. The beauty in these photos cannot be expressed effectively in words. Come see this beautiful 1 bedroom, 1 bathroom, oceanfront, sophisticated sanctuary at the amenity rich, Paradise Resort. Information and measurements provided may be estimated and are the responsibility of the buyer/buyers agent to verify.

Details

Property type

Condominium

Est. home value

$229,140

Lot size

Unknown

Price per sq ft

$378

Year built

2006

Monthly HOA fee

$641

Price History

11/11/2024
MyrtleBeach

MyrtleBeach #2407470

Price change
$229,000
-4.54%
05/24/2024
MyrtleBeach

MyrtleBeach #2407470

Price change
$239,900
-4%
03/26/2024
MyrtleBeach

MyrtleBeach #2407470

Listed
$249,900
+10.33%

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

$46,545
Asking price
$229,000
Closing costs (~8% of asking)
-$18,320
Est. remaining loan balance
-$164,135
Cash to seller
$46,545

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

June 2022

Original loan amount

$169,875

Est. remaining balance

$164,135

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Horizons Mermaid

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: 11/20/2024 at 7:40 AM

Listing updated: 11/11/2024 at 2:50 PM

Listed by: Jay Gray, Keller Williams Innovate South Phone #: (843) 443-9400

MLS: MyrtleBeach #2407470

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