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$1,988,899

Beds
5
Baths
4.0
sq ft
2,788

5207 N Ocean Blvd, North Myrtle Beach, SC 29582

5207 N Ocean Blvd

North Myrtle Beach, SC 29582

  • 29 days on market
    • Price drop $100↓
5207 N. Ocean Blvd presents an excellent beach vacation investment rental property or second if not primary home opportunity. This beautifully designed home is situated in a prime second-row location with fantastic ocean and channel views. The reverse floor plan with an elevator maximizes these views with walls of windows and large decks on both the first and second floors, both front and back! Key Features: The top floor features an open-concept living, dining, and kitchen area, flooded with natural light. The master suite includes a large custom walk-in closet, a double vanity bath with a beautiful shower. Lots of amenities to include large decks on both floors on both front and back; three-stop elevator, private salt water pool, large enclosed outdoor shower, solar panels and an enclosed garage enhance the home's enjoyment and appeal. This exceptional well maintained home combines luxury, comfort, and stunning views, making it a truly enjoyable coastal retreat. For those new to our area - Cherry Grove is a special place, loved by the families that have made it their home or home away from home. A beautiful beach retreat with a public boat launch just around the corner.

Details

Property type

Single Family Residence

Est. home value

$1,480,035

Lot size

6,098 sq ft

Price per sq ft

$714

Year built

2014

HOA

Yes

Price History

06/27/2024
MyrtleBeach

MyrtleBeach #2413637

Price change
$1,988,899
-0.01%
06/17/2024
MyrtleBeach

MyrtleBeach #2413637

Price change
$1,988,999
06/06/2024
MyrtleBeach

MyrtleBeach #2413637

Listed
$1,989,000
+32.6%

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

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

Nasa Federal Credit Union

Loan start date

August 2022

Original loan amount

$149,950

Est. remaining balance

$142,265

Interest rate

5.81%

Loan type

New Conventional, 20 year

Seller

Dennis Allen Golmitz and Amy Joanne Wall

Lender

Potomac Mortgage Group

Loan start date

January 2020

Original loan amount

$681,055

Est. remaining balance

$621,845

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Dennis Allen Golmitz and Amy Joanne Wall

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: 07/04/2024 at 11:20 PM

Listing updated: 06/27/2024 at 4:03 PM

Listed by: Greg Warren, BeachConnection Realty Phone #: (843) 900-4889

MLS: MyrtleBeach #2413637

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