$74,000
SOLD AUG 23, 2018

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

-- Bed
1 Bath
401 Sq Ft
$365/mo HOA Fee

Recently Sold

$185 Per Sq Ft

26% Below List Price

88 Days on Market

Highlights

  • Ocean Front
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Clubhouse
  • Community Indoor Pool
  • Lawn

About This Home

As of March 2023

This unit has been COMPLETELY renovated and is ready for a new owner. Being sold furnished. This unit is amazing and seeing it in person is EVEN BETTER. All that is missing from this well appointed unit is YOU. The Palace offers amenities galore and is close to everything The Grand Strand lifestyle has to offer! Schedule your appointment today as this GEM will not last long!!

Last Agent to Sell the Property

Lori Sorensen

Century 21 The Harrelson Group License #92586 Listed on: 05/11/2018

Century 21 The Harrelson Group

Last Buyer's Agent

Jason Ryan

Brand Name Real Estate License #46898

Brand Name Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1985

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 401 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, insurance, manager, security, master antenna/cable TV, common maint/repair, electric in unit, telephone service in unit, long distance phone, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,228

Year Built

Built in 1985

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Pool-Indoor Community
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 365
  • HOA Management Company: Ally (843) 497-3555
  • Living Room Type: Ceiling Fan
  • Lvt Date: 05/11/2018
  • Sold Total Heated Sq Ft: 401
  • Sold Total Sq Ft: 401
  • Total Heated Sq Ft: 401
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Elevator-Exterior
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Furnished
  • Primary Bathroom: Shower, Tub
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range, Work Island
  • Bedrooms: Efficiency
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 401

Exterior Features

  • Exterior Finish: Concrete/Steel

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, Insurance, Manager, Security, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Telephone Service In Unit, Long Distance Phone, Internet Access

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 --
Warranty Deed $74,000 --
Warranty Deed $58,000 --
Deed $39,900 --
Deed $99,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,250 New Conventional
Previous Owner $93,000 New Conventional
Previous Owner $79,900 Purchase Money Mortgage
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

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1810289

Coastal Carolinas Association of REALTORS®

APN: 44314040043