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$244,900

Beds
1
Baths
1.5
sq ft
856

501 S Ocean Blvd Unit 502, North Myrtle Beach, SC 29582

501 S Ocean Blvd Unit 502

North Myrtle Beach, SC 29582

  • Pending
    • Price drop $5,100↓
Experience the ultimate beachfront living with direct Oceanfront views from your private balcony. This fully furnished condo is a true 1 bedroom with 1.5 bathrooms, a full kitchen and washer & dryer in the unit for all the conveniences of home. Unit features 2 Queen beds plus a Murphy bed in the living area allowing this condo to sleep 6 comfortably. This condo has been gently used and never rented, only the second owners, however short-term rentals are allowed. Attached just outside the unit is an owner's closet for all your beach items plus a covered parking deck keeping your car out to the sun. The HOA fees include building insurance, elevator service, water, sewer, trash, cable TV, internet access and pest control, as well as great amenities including on outdoor pool, hot tub and lazy river. Conveniently located in the heart of North Myrtle Beach, just a few blocks from Main Street. Here you will find endless choices of activities, including golf, restaurants, shopping and entertainment for the whole family!

Details

Property type

Condominium

Est. home value

$284,680

Lot size

Unknown

Price per sq ft

$287

Year built

1999

Monthly HOA fee

$993

Price History

09/06/2024
MyrtleBeach

MyrtleBeach #2417484

Pending
$244,900
08/27/2024
MyrtleBeach

MyrtleBeach #2417484

Price change
$244,900
-2.04%
07/25/2024
MyrtleBeach

MyrtleBeach #2417484

Listed
$250,000
+29.87%

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

$132,188
Asking price
$244,900
Closing costs (~8% of asking)
-$19,592
Est. remaining loan balance
-$93,120
Cash to seller
$132,188

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

Seller’s Loan History

Lender

Fifth Third Bank

Loan start date

May 2021

Original loan amount

$100,000

Est. remaining balance

$93,120

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Keira Ciora and Aaron R Ciora

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 10:10 PM

Listing updated: 09/06/2024 at 1:48 PM

Listed by: The Tavik Team, Century 21 Barefoot Realty Phone #: (843) 390-2121

MLS: MyrtleBeach #2417484

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