$39,900
SOLD MAY 25, 2012

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

-- Bed
1 Bath
400 Sq Ft
$300/mo HOA Fee

Recently Sold

$100 Per Sq Ft

17% Below List Price

99 Days on Market

Highlights

  • Ocean Front
  • Balcony
  • High-Rise Condominium
  • Furnished

About This Home

As of March 2023

Great eff. ocean front centrally located 2nd floor unit, now worries with waiting for elevator. ceramic tile floorcovering meaning less replacement costs in the future

Last Agent to Sell the Property

Jerry Pinkas Team

Jerry Pinkas R E Experts Listed on: 12/16/2011

Co-Listed By

Steve Smith

Jerry Pinkas R E Experts License #65734

Last Buyer's Agent

Susan Axt

Bluewater Properties License #19311

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1986

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 1 Full Bathroom
  • 400 Sq Ft Home
  • Furnished
  • Window Treatments

Schools

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

Additional Features

  • Balcony
  • Ocean Front

Community Details

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, legal and accounting, common maint/repair
  • High-Rise Condominium

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,228

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Restrictions, Home Owners Assn Fee
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 300
  • HOA Management Company: Premier 357-4515
  • Sold Total Heated Sq Ft: 400
  • Sold Total Sq Ft: 400
  • Total Heated Sq Ft: 400
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: 12
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey
  • Bedrooms: Efficiency
  • Full Bathrooms: 1
  • Total Sq Ft: 400

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Legal And Accounting, Common Maint/Repair

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

Similar Homes in Myrtle Beach, SC

  • 5001 Little River Rd Unit E115, Myrtle Beach, SC 29577

    $45,000

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 5001 Little River Rd
    • Unit E115
    • Myrtle Beach, SC

    Covenant Towers is a fabulous 55 and older independent community with the lifestyle that is deserving of a king or queen. Enjoy the lovely grounds, outdoor pool, onsite beauty salon, exercise room, library, coffee shop, book swap, plus many activity areas. Also include the billiard room, bingo room, computer room, theatre, and beautiful lounge area to the list. HOA fee covers most everything to

    Mike Hill Grand Strand Homes & Land

    Section Image
  • 5001 Little River Rd Unit E-410, Myrtle Beach, SC 29577

    $49,900

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 5001 Little River Rd
    • Unit E-410
    • Myrtle Beach, SC

    Covenant Towers is a 55 and older fantastic Retirement Community located on 9 acres surrounded by established neighborhoods and adjacent to the legendary Pine Lakes Country Club golf course. Enjoy the lovely grounds, pool, onsite beauty salon, exercise room, library, coffee shop, "book swap", plus many activity areas..billiard room, bingo room, computer room, Theatre, and beautiful lounge area.

    Jackie Carpenter CB Sea Coast Advantage CF

    Section Image
  • 5001 Little River Rd Unit E-312, Myrtle Beach, SC 29577

    $43,000

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 5001 Little River Rd
    • Unit E-312
    • Myrtle Beach, SC

    Covenant Towers is a 55 and older fantastic Retirement Community located on 9 acres surrounded by established neighborhoods and adjacent to the legendary Pine Lakes Country Club golf course. Enjoy the lovely grounds, pool, onsite beauty salon, exercise room, library, coffee shop, "book swap", plus many activity areas..billiard room, bingo room, computer room, Theatre, and beautiful lounge area.

    Jackie Carpenter CB Sea Coast Advantage CF

    Section Image
  • 5001 Little River Rd Unit W-101, Myrtle Beach, SC 29577

    $35,000

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • 5001 Little River Rd
    • Unit W-101
    • Myrtle Beach, SC

    Covenant Towers is a 55 and older fantastic Retirement Community located on 9 acres surrounded by established neighborhoods and adjacent to the legendary Pine Lakes Country Club golf course. Enjoy the lovely grounds, pool, onsite beauty salon, exercise room, library, coffee shop, "book swap", plus many activity areas..billiard room, bingo room, computer room, Theatre, and beautiful lounge area.

    Jackie Carpenter CB Sea Coast Advantage CF

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1119997

Coastal Carolinas Association of REALTORS®

APN: 44314040043