tomo logo

$221,500

Beds
1
Baths
1.0
sq ft
650

5523 N Ocean Blvd Unit 508, Myrtle Beach, SC 29577

5523 N Ocean Blvd Unit 508

Myrtle Beach, SC 29572

  • 127 days on market
    • Price drop $400↓
A million dollar views can be seen from this beautiful, well decorated 5th floor oceanfront unit located in the prestigious Golden Mile area. This condo will greet you with a nice hallway, luxury vinyl plank flooring throughout with a bedroom access to the left with it’s own vanity and access to the bathroom from a bedroom and a hallway. You will appreciate a fully functioning kitchen with plenty of cabinet space, an island and granite countertops, stainless steel appliances and views overlooking the ocean. Don’t forget to open sliding doors while you are making your morning coffee to feel a nice breeze and hear the sounds of the beautiful Atlantic Ocean. Bring your suitcase, since that is all you will need as condo comes fully furnished.

Details

Property type

Condominium

Est. home value

$220,120

Lot size

Unknown

Price per sq ft

$341

Year built

1985

Monthly HOA fee

$700

Price History

11/12/2024
MyrtleBeach

MyrtleBeach #2417090

Price change
$221,500
-0.18%
09/08/2024
MyrtleBeach

MyrtleBeach #2417090

Price change
$221,900
-2.63%
08/20/2024
MyrtleBeach

MyrtleBeach #2417090

Price change
$227,900
-1.3%

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

$41,842
Asking price
$221,500
Closing costs (~8% of asking)
-$17,720
Est. remaining loan balance
-$161,938
Cash to seller
$41,842

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

April 2023

Original loan amount

$164,625

Est. remaining balance

$161,938

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Victoria Graham

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?

Similar Homes Nearby

Price drop
MyrtleBeach
$220,000
1 bd
|
1.5 ba
|
741 sq ft
|
Condo

5511 N Ocean Blvd Unit 202, Myrtle Beach, SC 29577

Price drop
MyrtleBeach
$239,900
1 bd
|
1 ba
|
618 sq ft
|
Condo

5523 N Ocean Blvd Unit 801, Myrtle Beach, SC 29577

MyrtleBeach
$234,900
1 bd
|
1 ba
|
590 sq ft
|
Condo

5308 N Ocean Blvd Unit 1804, Myrtle Beach, SC 29577

Status: Active

Tomo last checked: 11/25/2024 at 3:50 AM

Listing updated: 11/12/2024 at 11:19 AM

Listed by: Yana Lynch, Fidei Real Estate Int'l Phone #: (843) 424-6068

MLS: MyrtleBeach #2417090

MyrtleBeach logo

Recently listed in Myrtle Beach