tomo logo

$189,500

Beds
1
Baths
1.0
sq ft
606

501 S Ocean Blvd Unit 708, North Myrtle Beach, SC 29582

501 S Ocean Blvd Unit 708

North Myrtle Beach, SC 29582

  • 15 days on market
Beautiful views for a steal of a price! Charming and comfortable 1 bedroom villa with a gorgeous ocean view! This recently upfitted fully furnished condo has new furnishings, fresh paint, upgraded bathroom, full kitchen, washer and dryer in unit, and can comfortably sleep 6 with a convenient murphy bed in the living room. Puts up GREAT rental numbers and is the perfect beachy get-away! Located just a few blocks from Main Street in North Myrlte Beach you're as close as can be to many local favorites: shopping boutiques, restaurants, golfing, and of course the beautiful pristine beaches of North Myrlte Beach! The Verandas is a boutique resort with lazy river, pool, and hot tub - as well as ample parking and private walk way to the beach! Owner is licensed SC Realtor. Information is deemed reliable but buyer is responsible for all verification. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$192,463

Lot size

Unknown

Price per sq ft

$313

Year built

1999

Monthly HOA fee

$412

Price History

01/13/2025
MyrtleBeach

MyrtleBeach #2500996

Listed
$189,500
+8.52%
05/18/2023
MyrtleBeach

MyrtleBeach #2305416

Sold
$174,630
+88.79%
03/11/2015
MyrtleBeach

MyrtleBeach #1407865

Sold
$92,500

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

$45,947
Asking price
$189,500
Closing costs (~8% of asking)
-$15,160
Est. remaining loan balance
-$128,393
Cash to seller
$45,947

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

May 2023

Original loan amount

$130,972

Est. remaining balance

$128,393

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Ashlynne Chapman

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: 01/27/2025 at 9:20 PM

Listing updated: 01/13/2025 at 4:05 PM

Listed by: Ashlynne Ward, BeachConnection Realty Phone #: (843) 900-4889

MLS: MyrtleBeach #2500996

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