Condo: Shalimar # 4-C: 08/27/2012

Condo … Tax ID # 145-05-45-134
 
$184,900 … 17% ($38,400) Below Sales (Avg.)
 
2908 N.. Ocean Blvd., Shalimar #4-C
North Myrtle Beach, SC 29582
 
3 BRs, 2 Baths, 1165 GLA (Htd. SqFt), Built 1990
25 Min. to Airport.


Shalimar, built 1987, is a nine-story, oceanfront, 24-unit project in the Cherry Grove section of North Myrtle Beach. Most units have two or three bedrooms. Compared to newer oceanfront highrise projects, the amenities are limited with only an outdoor pool. The HOA contact: Nancy Reynolds: 843-399-5934.
 
We found no recent sales from the subject project. The two most recent sales occurred in 2011: Unit #7-A, a 3-BR oceanfront unit with a slightly superior view sold for $260,000 on 3/8/2011. Unit # 6-C, a bank-owned unit virtually identical to the subject in floor plan and view, sold 4/20/2011 for $194,900. Currently in MLS, only one unit is listed for sale. It is unit #7-C, listed for $169,900 (MLS # 1207022). However, it’s a “potential short sale” meaning the bank may never accept the list price that has been put on this property.
 
We have measured and have on file this floor plan. If you’re interested in this property, let us know, and we can email you the floor plan.
 
Shalimar #4-C, 3 BR, 2 Bath, 1165 GLA, Built 1990, listed at $184,900
Compared to Recent Sales:

Property Address BRs/ Baths
GLA (SqFt)
Year Built Sales Price Closing Date Data Source MLS #
Ocean Towers #803
4311 S. Ocean Blvd.
3/2
1075
1983 $242,500
08/16/2012 1204312
Hyperion Tower #303
5508 N. Ocean Blvd.
3/2
1064
1985 $216,600 07/30/2012 1112597
Crescent Sands WH #I-3
4605 S. Ocean Blvd.
3/2
962
1985 $217,500 07/19/2012 1017003
Sea Winds #203
4719 S. Ocean Blvd.
3/2
1064
1985 $219,900 07/13/2012 1210167
Crescent Sands WH #C-1
4605 S. Ocean Blvd.
3/2
962
1986 $218,000 05/03/2012 1111213
Xanadu II #605
5800 N. Ocean Blvd.
3/2
1064
1984 $225,000 04/30/2012 1204050

 
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MLS #1206131
Listing Office: The Hoffman Group
Listing Agent: Greg Sisson