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$255,000

Beds
1
Baths
1.0
sq ft
520

4000 N Ocean Blvd Unit 507, North Myrtle Beach, SC 29582

4000 N Ocean Blvd Unit 507

North Myrtle Beach, SC 29582

  • 22 days on market
    • Price drop $13,900↓
Hello Ocean! Units rarely come to market at Buena Vista in Cherry Grove so don't delay in seeing this one. Reasonable HOA fees and a fourth floor pool overlooking the ocean, make this well-appointed and maintained unit a rare find. Privately owned units only; no front desk. Secure access to building. Parking below building and in the overflow across the street. A true 1 bed/1 bath oceanfront unit with a sleeper sofa and full kitchen with granite countertops make this a perfect getaway home or rental unit. Expansive and private balcony gives you plenty of space to enjoy the amazing oceanfront view. Sold fully furnished/turn-key, you just need to bring your clothes and favorite food/beverage. You have plenty of space to cook, eat, take in the views and then retire to a private suite which has a spacious closet with built in storage. If you aren't sold yet, did we mention it has a washer and dryer (also a rare find in oceanfront units). The tasteful decor brings calming vibes and the furnishings make great use of all the space. Buena Vista is a non-smoking building and has a community room for owner use, as well as a great pool and deck. Across the street from the building you get great views of the Coastal Preserve and there is also a grilling area and picnic tables on site which allow for great summer gatherings. Owners providing a 12mo home warranty through November 2025. Cherry Grove is a well-know area of North Myrtle Beach on The Grand Strand with tons of shopping, fishing, dining, and entertainment options. It's time for you to own your oceanfront piece of The Grand Strand! Book a tour today!

Details

Property type

Condominium

Est. home value

$255,906

Lot size

Unknown

Price per sq ft

$491

Year built

1986

Monthly HOA fee

$329

Price History

11/13/2024
MyrtleBeach

MyrtleBeach #2425071

Price change
$255,000
-5.17%
10/31/2024
MyrtleBeach

MyrtleBeach #2425071

Listed
$268,900
+28.11%
12/28/2021
MyrtleBeach

MyrtleBeach #2122896

Sold
$209,900

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North 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

$115,775
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$118,825
Cash to seller
$115,775

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

Seller’s Loan History

Lender

Coastal Carolina National Bank

Loan start date

December 2021

Original loan amount

$142,800

Est. remaining balance

$118,825

Interest rate

2.35%

Loan type

New Conventional, 15 year

Seller

John David White and Sharon M White

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: 11/22/2024 at 2:50 AM

Listing updated: 11/13/2024 at 8:30 AM

Listed by: adam lane+nikki lane TEAM, Duncan Group Properties Phone #: (843) 929-1577

MLS: MyrtleBeach #2425071

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