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$219,900

Beds
1
Baths
1.0
sq ft
557

7100 N Ocean Blvd Unit 925, Myrtle Beach, SC 29572

7100 N Ocean Blvd Unit 925

Myrtle Beach, SC 29572

  • 92 days on market
This unit is a true 1 bedroom, meaning you do not walk right into the bedroom when you open the door. Full size refrigerator, washer/dryer in the room, and a great view as well! Ocean Reef is loaded with amenities! Ocean Reef is located in the super popular Dunes area of Myrtle Beach, and is a well known family resort!

Details

Property type

Condominium

Est. home value

$221,645

Lot size

Unknown

Price per sq ft

$395

Year built

2006

Monthly HOA fee

$885

Price History

08/25/2024
MyrtleBeach

MyrtleBeach #2419766

Listed
$219,900
+4.71%
04/19/2023
MyrtleBeach

MyrtleBeach #2208930

Sold
$210,000
+64.06%
05/11/2021
MyrtleBeach

MyrtleBeach #2009550

Sold
$128,000

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

$70,120
Asking price
$219,900
Closing costs (~8% of asking)
-$17,592
Est. remaining loan balance
-$132,188
Cash to seller
$70,120

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

Seller’s Loan History

Lender

Norman And Tonia Butler

Loan start date

April 2023

Original loan amount

$180,000

Est. remaining balance

$132,188

Interest rate

6.73%

Loan type

New Conventional, 5 year

Seller

Dianne Mcgee Smith

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: 11/25/2024 at 2:35 AM

Listing updated: 08/25/2024 at 2:58 PM

Listed by: Greg Warren, BeachConnection Realty Phone #: (843) 900-4889

MLS: MyrtleBeach #2419766

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