tomo logo

$258,900

Beds
1
Baths
1.5
sq ft
846

501 S Ocean Blvd Unit 1002, North Myrtle Beach, SC 29582

501 S Ocean Blvd Unit 1002

North Myrtle Beach, SC 29582

  • 4 days on market
    • Price drop $290,000↓

Details

Property type

Condominium

Est. home value

$293,145

Lot size

Unknown

Price per sq ft

$307

Year built

1999

Monthly HOA fee

$578

Price History

03/29/2025
MyrtleBeach

MyrtleBeach #2507808

Price change
$258,900
-52.83%
03/28/2025
MyrtleBeach

MyrtleBeach #2507808

Listed
$548,900
+141.27%
10/17/2024
MyrtleBeach

MyrtleBeach #2421839

Sold
$227,500
-8.96%

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Principal Residential Mtg Inc

Loan start date

December 1999

Original loan amount

$19,000

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

Credit Line (Revolving), 10 year

Seller

Mitchell L Faison and Jenny M Faison

Lender

Principal Residential Mtg Inc

Loan start date

December 1999

Original loan amount

$19,000

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

Credit Line (Revolving), 10 year

Seller

Mitchell L Faison and Jenny M Faison

Lender

Principal Residential Mtg Inc

Loan start date

December 1999

Original loan amount

$95,175

Est. remaining balance

$32,931

Interest rate

7.96%

Loan type

Not Provided, 30 year

Seller

Mitchell L Faison and Jenny M Faison

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: 04/01/2025 at 3:50 AM

Listing updated: 03/29/2025 at 8:16 AM

Listed by: Catherine Lee, Carolina One Real Estate Phone #: (854) 504-4636

MLS: MyrtleBeach #2507808

MyrtleBeach logo