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$168,000

Beds
Unknown
Baths
1.0
sq ft
387

7100 N Ocean Blvd Unit 702, Myrtle Beach, SC 29572

7100 N Ocean Blvd Unit 702

Myrtle Beach, SC 29572

  • 34 days on market
Don't miss your chance to own this amazing oceanfront condo at the highly desired Ocean Reef Resort. Ocean Reef offers so much to do for adults and kids including a lazy river, indoor and outdoor pools, hot tubs, kiddie pools, game rooms, and more. This beautiful deluxe efficiency offers two queen beds, a kitchenette, and a view that never gets old! Also let's not forget how great this location is with so many attractions within such a short distance like the Sky Wheel, Boardwalk, Broadway at the Beach, and so many restaurants and shopping to choose from, but the best part is a short walk to the beach. Make this condo your next second home or wise investment!!! This one won't last long so make your appointment today!!

Details

Property type

Condominium

Est. home value

$166,612

Lot size

Unknown

Price per sq ft

$435

Year built

1975

Monthly HOA fee

$803

Price History

09/16/2024
MyrtleBeach

MyrtleBeach #2421554

Listed
$168,000
+5%
06/20/2022
MyrtleBeach

MyrtleBeach #2206878

Sold
$160,000

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

$69,162
Asking price
$168,000
Closing costs (~8% of asking)
-$13,440
Est. remaining loan balance
-$85,398
Cash to seller
$69,162

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

June 2022

Original loan amount

$96,000

Est. remaining balance

$85,398

Interest rate

4.52%

Loan type

New Conventional, 15 year

Seller

David A Ludington and Ludington Maria Segretto

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: 10/20/2024 at 7:50 PM

Listing updated: 09/19/2024 at 12:49 PM

Listed by: Darren Woodard Team, INNOVATE Real Estate Phone #: (843) 839-1649

MLS: MyrtleBeach #2421554

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