tomo logo

$265,000

Beds
1
Baths
1.0
sq ft
650

7100 N Ocean Blvd Unit 1425, Myrtle Beach, SC 29572

7100 N Ocean Blvd Unit 1425

Myrtle Beach, SC 29572

  • 53 days on market
Stunning views from this ocean view one bedroom unit. This unit could be an an excellent rental opportunity for all your investors or it can be used as a second home. There are wonderful amenities such as indoor and outdoor pools, hot tubs, a lazy river, and water parks. You don't even have to leave the resort for the chance to dine with an onsite restaurant and excellent bar area. It has been voted one of the best family resorts along the Grand Strand! This resort is just miles down the road from great shopping, restaurants & places to visit.

Details

Property type

Condominium

Est. home value

$233,994

Lot size

Unknown

Price per sq ft

$408

Year built

2006

Monthly HOA fee

$699

Price History

08/26/2024
MyrtleBeach

MyrtleBeach #2419868

Listed
$265,000
+17.78%
05/12/2023
MyrtleBeach

MyrtleBeach #2307533

Sold
$225,000
+73.08%
10/23/2020
MyrtleBeach

MyrtleBeach #1921969

Sold
$130,000

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

$154,722
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$89,078
Cash to seller
$154,722

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

October 2020

Original loan amount

$97,500

Est. remaining balance

$89,078

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Brian James Adamson and Monica A Adamson

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: 10/18/2024 at 4:30 PM

Listing updated: 08/26/2024 at 8:38 PM

Listed by: Ann Shelley, Palms Realty Phone #: (843) 310-6855

MLS: MyrtleBeach #2419868

MyrtleBeach logo

Recently listed in Myrtle Beach