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$315,000

Beds
2
Baths
2.0
sq ft
890

5000 N Ocean Blvd Unit B-1, North Myrtle Beach, SC 29582

5000 N Ocean Blvd Unit B-1

North Myrtle Beach, SC 29582

  • 94 days on market
    • Price drop $15,000↓
Welcome to your dream coastal retreat! This quaint two-bedroom, two-bathroom condo boasts unparalleled oceanfront access in the heart of North Myrtle Beach. Whether you are seeking a peaceful retreat or a great investment property this condo has it all. Don't miss out on your chance to own a slice of paradise in North Myrtle Beach!

Details

Property type

Condominium

Est. home value

$302,174

Lot size

Unknown

Price per sq ft

$354

Year built

1978

Monthly HOA fee

$617

Price History

06/27/2024
MyrtleBeach

MyrtleBeach #2408259

Price change
$315,000
-4.55%
05/27/2024
MyrtleBeach

MyrtleBeach #2408259

Price change
$330,000
-2.94%
04/04/2024
MyrtleBeach

MyrtleBeach #2408259

Listed
$340,000
+47.83%

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

$92,368
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$197,432
Cash to seller
$92,368

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

Seller’s Loan History

Lender

Bayshore Mortgage Funding

Loan start date

March 2022

Original loan amount

$207,000

Est. remaining balance

$197,432

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Tyler Thomas Peery

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?

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Status: Active

Tomo last checked: 07/07/2024 at 7:05 PM

Listing updated: 06/27/2024 at 10:13 AM

Listed by: Shawn Robey, Realty ONE Group Dockside Phone #: (843) 492-4030

MLS: MyrtleBeach #2408259

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