NOT LISTED FOR SALE

5308 N Ocean Blvd Unit 1217 Myrtle Beach, SC 29577

Estimated Value: $282,000 - $297,000

2 Beds
2 Baths
900 Sq Ft
$736/mo HOA Fee

Last Sold March 15, 2024

Last sale price $287,000 $319 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,522/month

31 Days on Market

Highlights

  • Clubhouse
  • Lawn
  • Community Pool
  • Furnished
  • Solid Surface Countertops
  • 4-minute walk to Gardens By The Sea

About This Home

As of March 2024

Beautiful, ocean view, two bedroom, two bath end unit with extra windows offering tons of natural light at the very sought after Beach Colony Resort. Tastefully decorated and beautiully furnished with fully equipped kitchen. Enjoy beautiful sunrises and sunsets with views of the ocean and a view of Pine Lakes Golf Course as well. Beach Colony is a smoke free building and offers amenities galore, including private parking, indoor/outdoor pools, hot tubs, lazy river, tiki bar, fitness center, onsite restaurants, gift shop and more! The reasonable HOA covers all utilities, including electric and Wi-Fi. Upgrades/Updates include the following: -Exterior door 2023 -Interior colonial doors 2023 -Primary ensuite walk-in tiled shower with corner seat & shelves 2023 -stackable in-suite laundry washer/dryer 2022 -dining room tables chair set, bar stools, coffee and side tables 2022 --television(s) 2022 -Bed mattresses, bed bases and headboards 2021 -updated light fixtures in living room, dining room & bedrooms 2020 -Bedroom dressers, bedside drawers 2019 -draperies and living room furniture 2019 -premium vinyl flooring - 2018 -angled windows in dining area - 2017 -replaced all cabinets in kitchen and bathrooms and granite countertops, new sinks and fixtures, new backsplash - 2016 The sideboard under the TV in living area does not convey. All other furniture and decor conveys with the condo. You can walk to nearby restaurants and attractions. The HOA dues are paid Quarterly, they include Electric, Cable, Internet. The Insurance is billed separately and are paid quarterly in 3 Installments, June, July, & August and each quarter. The HOA 06 policy has to be purchased separately. With its great location and easy access to Hwy’s 501, 707, 544, 17 Business & By-Pass, 31, 22, 9 and all the frontage roads, getting to any point of the county is within just a short drive. You can enjoy all that the Grand Strand has to offer; including shopping, dining, healthcare, attractions, entertainment, state parks, piers, marinas, golf, Market Common, Broadway, Barefoot, Brookgreen,Intracoastal Waterway and of course the beautiful white pristine beaches of the Carolina coast. Don’t miss out on the awesome opportunity to own your own piece of paradise so you can enjoy the laid back lifestyle that only comes from living near the coast. The Grand Strand has so much to offer, for any age. Come home to the beautiful Grand Strand today! This listing information is deemed reliable, but is not guaranteed. Neither the Coastal Carolinas Association of REALTORS, nor the listing broker, nor the selling broker, nor their agents or sub-agents are responsible for the accuracy of this information. The buyer is solely responsible for verifying any and all information. This information is provided by the Coastal Carolinas Association of REALTORS for use by its members and is not intended for use for any other purpose. Thank You.

Last Listed By

Boyd Team

INNOVATE Real Estate Listed on: 01/09/2024

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1995

HOA Fees

  • $736 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Raised Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 900 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Home Security

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Lawn
  • Flood Zone Lot

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, manager, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Pool

Additional Features

  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,100

Year Built

Built in 1995

Lot Details

0

HOA Fees

$736 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Lazy River
  • Estimated Year Built: 1995
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 736
  • HOA Management Company: Ally Mgt 843-497-3555
  • Living Room Type: Ceiling Fan
  • Lvt Date: 01/09/2024
  • Sold Total Heated Sq Ft: 900
  • Sold Total Sq Ft: 950
  • Total Heated Sq Ft: 900
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Insulated Doors/Windows
  • Project Section Code: Beach Colony
  • Rental Mgmt Contract: Yes
  • Which Floor: 12
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1995

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave, Range Hood, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 950

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Manager, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Internet Access, Pest Control

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 11, 2024
Sold by
Lye Gregory
Bought by
Tcb Associates Llc
Seller's Agent
Boyd Team
INNOVATE Real Estate
Buyer's Agent
Robert Foster
Luxury Beach Rentals & Sales
List Price
$299,900
Sold Price
$287,000
Premium/Discount to List
-$12,900
-4.3%
Total Days on Market
31
Views
28
Current Estimated Value
$289,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,183
Avg. Annual Appreciation
0.68%
Original Mortgage
$154,500
Outstanding Balance
$152,718
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$136,465

Purchase Details

Listed on
Jan 29, 2013
Closed on
Mar 18, 2013
Sold by
Dlj Mortgage Capital
Bought by
Lye Gregory
Seller's Agent
Tammy Arp
Realty ONE Group DocksideSouth
Buyer's Agent
Michael Foggotte
Coastal Sands Realty
List Price
$124,900
Sold Price
$109,900
Premium/Discount to List
-$15,000
-12.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Listed on
Jan 29, 2013
Closed on
Feb 27, 2013
Sold by
Master In Equity Horry County
Bought by
Dlj Mortgage Capital
Seller's Agent
Tammy Arp
Realty ONE Group DocksideSouth
Buyer's Agent
Michael Foggotte
Coastal Sands Realty
List Price
$124,900
Sold Price
$109,900
Premium/Discount to List
-$15,000
-12.01%

Purchase Details

Closed on
Feb 14, 2011
Sold by
Master In Equity Horry County
Bought by
Bank Of North Carolina

Purchase Details

Closed on
Dec 29, 2003
Sold by
Petitto Jack F and Petitto Nancy M
Bought by
Jacobs Barbara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2002
Sold by
Whaley Willis C and Whaley Jean S
Bought by
Petitto Jack F and Petitto Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.16%
Mortgage Type
Unknown

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tcb Associates Llc $287,000 --
Lye Gregory $109,900 --
Dlj Mortgage Capital $110,000 --
Bank Of North Carolina -- --
Jacobs Barbara K $158,000 --
Petitto Jack F $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tcb Associates Llc $154,500
Previous Owner Jacobs Barbara K $126,400
Previous Owner Petitto Jack F $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $287,000 -4.3% $319 / Sq Ft
01/09/2024 01/09/24 For Sale $299,900 +172.9% $333 / Sq Ft
03/27/2013 03/27/13 Sold $109,900 -12.0% $116 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $124,900 -- $131 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,100 $14,280 $0 $14,280
2023 $2,100 $14,280 $0 $14,280
2021 $1,940 $14,280 $0 $14,280
2020 $1,850 $14,280 $0 $14,280
2019 $1,850 $14,280 $0 $14,280
2018 $0 $10,920 $0 $10,920
2017 $0 $6,240 $0 $6,240
2016 $0 $6,240 $0 $6,240
2015 -- $10,920 $0 $10,920
2014 $1,577 $6,240 $0 $6,240
Source: Public Records

Agents Affiliated with this Home

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2400786

Coastal Carolinas Association of REALTORS®

APN: 42115040754