NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 102 Palace Resort Myrtle Beach, SC 29577

Estimated Value: $149,235 - $161,000

1 Bed
1 Bath
386 Sq Ft
$413/mo HOA Fee

Last Sold March 10, 2023

Last sale price $155,000 $402 Per Sq Ft

Current estimated payment $1,456/month

98 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Kitchen Island
  • Community Indoor Pool
  • Balcony
  • Central Air

About This Home

As of March 2023

FULLY FURNISHED!!! Whether you are looking for a vacation property or a rental machine, check out this BEAUTIFUL unit at the Palace Resort. With the unit being ocean front, on the main strip of Myrtle Beach, and the countless pools, hot tubs, and lazy rivers the building has to offer, this is a true beach vacation. Come check out the Palace Resort today!

Last Agent to Sell the Property

Jordan Rye

Century 21 The Harrelson Group License #3618347 Listed on: 11/07/2022

Century 21 The Harrelson Group

Last Buyer's Agent

Jordan Rye

Century 21 The Harrelson Group License #3618347 Listed on: 11/07/2022

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1989

Lot Details

  • 1.88

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 1 Full Bathroom
  • 386 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • <<microwave>>
  • Kitchen Island

Home Security

Schools

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

Utilities

  • Central Air
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Ocean Front

Community Details

Overview

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

Recreation

  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,228

Year Built

Built in 1989

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Security, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1989
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air
  • Monthly HOA as Calculated: 413
  • HOA Management Company: The Palace 843-497-3555
  • Living Room Type: Ceiling Fan
  • Lvt Date: 11/07/2022
  • Sold Total Heated Sq Ft: 386
  • Sold Total Sq Ft: 412
  • Total Heated Sq Ft: 386
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 12,000.00
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Furnished, Enter Through Foyer
  • Kitchen Type: Refrigerator, Work Island, Microwave
  • Bedrooms: Efficiency
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 412

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Telephone Service 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
Nov 7, 2022
Closed on
Mar 8, 2023
Sold by
Dorroh Gloria J
Bought by
Doan David Phong Tuan and Doan Thuy Anh
Seller's Agent
Jordan Rye
Century 21 The Harrelson Group
Buyer's Agent
Jordan Rye
Century 21 The Harrelson Group
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Views
79
Current Estimated Value
$155,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309
Avg. Annual Appreciation
0.09%

Purchase Details

Listed on
May 11, 2018
Closed on
Aug 23, 2018
Sold by
Kearse Charlene P
Bought by
Dorroh Gloria J
Seller's Agent
Lori Sorensen
Century 21 The Harrelson Group
Buyer's Agent
Jason Ryan
Brand Name Real Estate
List Price
$99,900
Sold Price
$74,000
Premium/Discount to List
-$25,900
-25.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 4, 2017
Sold by
Ningqiang Cheng
Bought by
Kearse Charlene P
Seller's Agent
Glenn Hellofs
BHHS Myrtle Beach Real Estate
Buyer's Agent
Lori Sorensen
Century 21 The Harrelson Group
List Price
$58,000
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.31%
Original Mortgage
$56,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2011
Closed on
May 24, 2012
Sold by
Pence Barbara A
Bought by
Cheng Ningqiang
Seller's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
Buyer's Agent
Susan Axt
Bluewater Properties
List Price
$48,000
Sold Price
$39,900
Premium/Discount to List
-$8,100
-16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Jan 20, 2005
Sold by
Zienowicz Thaddeus
Bought by
Pence Barbara A and Pence Randall A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Doan David Phong Tuan $155,000 --
Dorroh Gloria J $74,000 --
Kearse Charlene P $58,000 --
Cheng Ningqiang $39,900 --
Pence Barbara A $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dilks William W $56,250
Previous Owner James Light W $93,000
Previous Owner Pence Barbara A $79,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $155,000 -3.1% $402 / Sq Ft
01/20/2023 01/20/23 Price Changed $160,000 -3.0% $415 / Sq Ft
11/07/2022 11/07/22 For Sale $165,000 +123.0% $427 / Sq Ft
08/23/2018 08/23/18 Sold $74,000 -7.4% $185 / Sq Ft
07/16/2018 07/16/18 Price Changed $79,900 -4.9% $199 / Sq Ft
06/05/2018 06/05/18 Price Changed $84,000 -5.6% $209 / Sq Ft
05/21/2018 05/21/18 Price Changed $89,000 -10.9% $222 / Sq Ft
05/11/2018 05/11/18 For Sale $99,900 +72.2% $249 / Sq Ft
04/07/2017 04/07/17 Sold $58,000 0.0% $145 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $58,000 +45.4% $145 / Sq Ft
05/25/2012 05/25/12 Sold $39,900 -16.9% $100 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
12/16/2011 12/16/11 For Sale $48,000 -- $120 / 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 $2,228 $6,405 $0 $6,405
2023 $2,228 $6,405 $0 $6,405
2021 $989 $6,405 $0 $6,405
2020 $943 $6,405 $0 $6,405
2019 $943 $6,405 $0 $6,405
2018 $878 $5,775 $0 $5,775
2017 $0 $3,300 $0 $3,300
2016 -- $3,300 $0 $3,300
2015 $858 $5,775 $0 $5,775
2014 $834 $3,300 $0 $3,300
Source: Public Records

Agents Affiliated with this Home

  • Jordan Rye

    Seller's Agent in 2023

    Jordan Rye

    Century 21 The Harrelson Group

    (843) 424-1913

    48 Total Sales

    Jordan Rye
    Section Image
  • Lori Sorensen

    Seller's Agent in 2018

    Lori Sorensen

    Century 21 The Harrelson Group

    (843) 503-5880

    111 Total Sales

    Lori Sorensen
    Section Image
  • Jason Ryan

    Buyer's Agent in 2018

    Jason Ryan

    Brand Name Real Estate

    (843) 685-4988

    46 Total Sales

    Jason Ryan
    Section Image
  • Glenn Hellofs

    Seller's Agent in 2017

    Glenn Hellofs

    BHHS Myrtle Beach Real Estate

    (843) 222-4769

    99 Total Sales

    Glenn Hellofs
    Section Image
  • Jerry Pinkas Team

    Seller's Agent in 2012

    Jerry Pinkas Team

    Jerry Pinkas R E Experts

    (843) 839-9870

    928 Total Sales

    Jerry Pinkas Team
    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Steve Smith

    Jerry Pinkas R E Experts

    (843) 655-5807

    7 Total Sales

    Steve Smith
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2224311

Coastal Carolinas Association of REALTORS®

APN: 44314040043

South Carolina Horry County Myrtle Beach 29577

1605 S Ocean Blvd Unit 102 Palace Resort, Myrtle Beach, SC

This home is located at 1605 S Ocean Blvd Unit 102 Palace Resort, Myrtle Beach, SC 29577 since 07 November 2022 and is currently estimated at $155,309, approximately $402 per square foot. This property was built in 1989. 1605 S Ocean Blvd Unit 102 Palace Resort is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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