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$149,900

Beds
Unknown
Baths
1.0
sq ft
430

2311 S Ocean Blvd Unit 1163, Myrtle Beach, SC 29577

2311 S Ocean Blvd Unit 1163

Myrtle Beach, SC 29577

  • 16 days on market
Beautiful direct oceanfront unit located at Compass Cove Resort. This unit features 2 queen beds and a full kitchen with a private balcony. The resort has many amenities including outdoor/indoor pools, hot tubs, kiddie pool, lazy river, water slides, restaurant, Star Bucks, tiki bar/grill, exercise room and much more. Compass Cove is centrally located leaving you close to everything Myrtle Beach has to offer. All showings must be accompanied by a current/active SC licensed agent.

Details

Property type

Condominium

Est. home value

$161,605

Lot size

Unknown

Price per sq ft

$349

Year built

1986

Monthly HOA fee

$694

Price History

10/04/2024
MyrtleBeach

MyrtleBeach #2423087

Listed
$149,900
+3.38%
06/30/2022
MyrtleBeach

MyrtleBeach #2210677

Sold
$145,000
+103.98%
04/15/2015
MyrtleBeach

MyrtleBeach #1502270

Sold
$71,085

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

$70,334
Asking price
$149,900
Closing costs (~8% of asking)
-$11,992
Est. remaining loan balance
-$67,574
Cash to seller
$70,334

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

Seller’s Loan History

Lender

South Atlantic Bank

Loan start date

June 2022

Original loan amount

$116,000

Est. remaining balance

$67,574

Interest rate

5.3%

Loan type

New Conventional, 5 year

Seller

Penny Lane Investment Props

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: 10/20/2024 at 5:55 PM

Listing updated: 10/04/2024 at 5:28 PM

Listed by: Travis Muir, The Hoffman Group Phone #: (843) 848-8900

MLS: MyrtleBeach #2423087

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