tomo logo

$199,000

Beds
1
Baths
1.0
sq ft
610

7100 N Ocean Blvd Unit 424, Myrtle Beach, SC 29572

7100 N Ocean Blvd Unit 424

Myrtle Beach, SC 29572

  • 51 days on market
    • Price drop $6,000↓
Turn-Key Rental Property! Must see this upgraded 1 Bedroom / 1 Bathroom, 4th Floor corner unit that includes all furnishings & decor at Ocean Reef Resort. This true one bedroom unit features a full kitchen w/ Granite countertops and ample cabinetry for everything you and your guests need. A Futon sofa in living room for additional quests, flat screen smart TV's and beautiful views from the balcony of the ocean! This unit is featured as a “Guest - Favorite” on Airbnb that will greatly benefit its next owner! Ocean Reef is a full service resort offering indoor & outdoor pools, hot tub/spas, huge Oceanfront pool w/ lounge chairs & picnic tables, lazy river, water park, seasonal poolside bar & grill, on-site dining & lounge, game room, fitness center, gift shop, is just steps from the ocean and is in the heart of Myrtle Beach close to all of the shopping, dining, entertainment, golf, area attractions and all the Grand Stand has to offer. Perfect for anyones next rental property or vacation spot with Family for this upcoming Summer season!

Details

Property type

Condominium

Est. home value

$211,155

Lot size

Unknown

Price per sq ft

$327

Year built

2006

Monthly HOA fee

$934

Price History

06/05/2024
MyrtleBeach

MyrtleBeach #2412029

Price change
$199,000
-2.93%
05/17/2024
MyrtleBeach

MyrtleBeach #2412029

Listed
$205,000
+40.41%
01/18/2022
MyrtleBeach

MyrtleBeach #2121156

Sold
$146,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse

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

$88,652
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$94,428
Cash to seller
$88,652

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

Seller’s Loan History

Lender

United Bank

Loan start date

January 2022

Original loan amount

$109,500

Est. remaining balance

$94,428

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Brady Mathias

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: 07/07/2024 at 4:50 PM

Listing updated: 06/05/2024 at 12:54 PM

Listed by: Russell Auth, Palms Realty Phone #: (843) 310-6855

MLS: MyrtleBeach #2412029

MyrtleBeach logo

Recently listed in Myrtle Beach

$414,900|4 bd|2.0 ba|House
$249,000|2 bd|1.5 ba|Manufactured

Explore top cities in South Carolina