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$258,900

Beds
1
Baths
1.5
sq ft
741

5511 N Ocean Blvd Unit 1106, Myrtle Beach, SC 29577

5511 N Ocean Blvd Unit 1106

Myrtle Beach, SC 29577

  • 224 days on market
    • Price drop $6,000↓
LOCATED ON MYRTLE BEACH'S GOLDEN MILE IS THIS BEAUTIFULLY APPOINTED VILLA WITH FOREVER VIEWS. THE SOUND OF OCEAN WAVES IS THE FIRST THING YOU HEAR FROM THE OVERSIZED BALCONY WITH RELAXING TABLE & CHAIRS. MASTER BEDROOM FEATURES OCEAN/SUNRISE VIEWS, THE CONVENIENCE OF 1.5 BATHS AND COMFY NEW BEDDING. SPACIOUS KITCHEN WITH NEW REFRIGERATOR, RANGE, HOOD, DISHWASHER AND MICROWAVE IS PERFECT FOR ENTERTAINING FAMILY AND FRIENDS! NEW SOFA AND DECORATOR TOUCHES MAKE THIS A SPECIAL BEACH RETREAT. FOREST DUNES AMENITIES INCLUDE IN/OUTDOOR POOLS, LAZY RIVER, HOT TUB, EXERCISE ROOM AND ON SITE RESTAURANT/TAVERN. GREAT LOCATION CONVENIENT TO DINING, SHOPPING, GOLF MAKE THIS THE PERFECT INVESTMENT OPPORTUNITY OR PLACE TO CALL YOURS!

Details

Property type

Condominium

Est. home value

$244,259

Lot size

Unknown

Price per sq ft

$350

Year built

1985

Monthly HOA fee

$588

Price History

08/05/2024
MyrtleBeach

MyrtleBeach #2408687

Price change
$258,900
-2.27%
04/10/2024
MyrtleBeach

MyrtleBeach #2408687

Listed
$264,900

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

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

$146,435
Asking price
$258,900
Closing costs (~8% of asking)
-$20,712
Est. remaining loan balance
-$91,753
Cash to seller
$146,435

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2007

Original loan amount

$146,250

Est. remaining balance

$91,753

Interest rate

6.13%

Loan type

Not Provided, 30 year

Seller

Gerald A Lohsl and Jane M Caddy

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: 11/20/2024 at 3:35 AM

Listing updated: 09/26/2024 at 12:18 PM

Listed by: Rose Foggotte, Coastal Sands Realty Phone #: (843) 267-0794

MLS: MyrtleBeach #2408687

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