tomo logo

$599,900

Beds
5
Baths
5.0
sq ft
2,760

820 S Ocean Blvd Unit 204, North Myrtle Beach, SC 29582

820 S Ocean Blvd Unit 204

North Myrtle Beach, SC 29582

  • 36 days on market
    • Price drop $25,090↓
RARE Opportunity! You won't want to miss this gorgeous 5BR/5BA 2nd Row Beach Condo located in the heart of North Myrtle Beach! This unit offers over 2750 heated sqft and has an open concept living area, large bedrooms, game room, and much more! Coconut Grove is located across from the beautiful Atlantic Ocean, has a community pool, and is only 8 blocks from Main Street where you can enjoy all of the local favorites! This will be a rental machine!

Details

Property type

Condominium

Est. home value

$682,754

Lot size

Unknown

Price per sq ft

$218

Year built

2006

Monthly HOA fee

$984

Price History

06/25/2024
MyrtleBeach

MyrtleBeach #2413024

Price change
$599,900
-4.01%
06/10/2024
MyrtleBeach

MyrtleBeach #2413024

Price change
$624,990
05/30/2024
MyrtleBeach

MyrtleBeach #2413024

Listed
$625,000
+44.68%

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

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

$256,033
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$295,875
Cash to seller
$256,033

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

Seller’s Loan History

Lender

T2 Financial

Loan start date

July 2021

Original loan amount

$316,500

Est. remaining balance

$295,875

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Michael C Thomas and Long Adonica

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?

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201 S Ocean Blvd Unit 1204, North Myrtle Beach, SC 29582

Status: Active

Tomo last checked: 07/04/2024 at 10:55 PM

Listing updated: 06/25/2024 at 11:24 AM

Listed by: Josh Meetre, Palms Realty Phone #: (843) 310-6855

MLS: MyrtleBeach #2413024

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