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$224,999

Beds
2
Baths
2.0
sq ft
1,100

501 S Ocean Blvd Unit 507, North Myrtle Beach, SC 29582

501 S Ocean Blvd Unit 507

North Myrtle Beach, SC 29582

  • 431 days on market
    • Price drop $14,001↓
Discover your dream coastal retreat with this exceptional 2-bedroom, 2-bathroom oceanview condo in a quiet and quaint oceanfront condominium complex. Experience the serenity of waking up to the soothing sounds of the ocean, and enjoy the stunning panoramic views of the sea right from your own living room. Key Features: 2 Bedrooms, 2 Bathrooms Oceanview Balcony Oceanfront Condominium Complex Amenities Galore: Outdoor Pool, Lazy River, and More Perfect for Rentals, Primary Residence, or a Second Home This immaculate condo offers an ideal blend of comfort, convenience, and charm. It's the perfect opportunity for those seeking a primary residence, a second home, or an investment property for rentals. Relax on your private balcony and watch the waves roll in, or take a stroll along the pristine shoreline. The oceanfront complex offers fantastic amenities, including an outdoor pool and a lazy river, making it easy to unwind and enjoy the coastal lifestyle. Conveniently located, you're just minutes away from a variety of restaurants and shopping options, allowing you to indulge in the local culinary delights and find the perfect souvenirs to remember your beachfront getaway. Don't miss the chance to own your piece of paradise. This oceanview condo is a rare find in a highly sought-after area. Contact us today to schedule your private viewing and make this your own coastal haven.

Details

Property type

Condominium

Est. home value

$369,565

Lot size

Unknown

Price per sq ft

$205

Year built

1999

Monthly HOA fee

$1,370

Price History

12/09/2024
MyrtleBeach

MyrtleBeach #2321257

Price change
$224,999
-5.86%
09/16/2024
MyrtleBeach

MyrtleBeach #2321257

Price change
$239,000
-11.15%
08/21/2024
MyrtleBeach

MyrtleBeach #2321257

Price change
$269,000
-20.88%

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

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

Ditech Financial

Loan start date

August 2016

Original loan amount

$74,300

Est. remaining balance

$49,538

Interest rate

3.54%

Loan type

New Conventional, 20 year

Seller

James C Penatzer and E Terri

Lender

Wachovia Bank Na

Loan start date

October 2007

Original loan amount

$64,512

Est. remaining balance

$42,558

Interest rate

6.52%

Loan type

Not Provided, 30 year

Seller

James C Penatzer and Terri E Penatzer

Lender

Irwin Mortgage Corp

Loan start date

February 2003

Original loan amount

$156,000

Est. remaining balance

$0

Interest rate

6.03%

Loan type

Not Provided, 20 year

Seller

James C Penatzer and Terri E Penatzer

Lender

Irwin Mtg Corp

Loan start date

March 2001

Original loan amount

$156,000

Est. remaining balance

$63,577

Interest rate

7.15%

Loan type

Not Provided, 30 year

Seller

James C Penatzer and Terri E Penatzer

Lender

Investors Mtg Company Inc

Loan start date

October 2000

Original loan amount

$151,200

Est. remaining balance

$62,082

Interest rate

7.88%

Loan type

Not Provided, 30 year

Seller

James C Penatzer and Terri E Penatzer

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: 12/23/2024 at 5:05 AM

Listing updated: 12/09/2024 at 11:45 AM

Listed by: Nathan Schmidt, Century 21 Stopper &Associates Phone #: (843) 685-2751

MLS: MyrtleBeach #2321257

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