NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 110 The Palace Myrtle Beach, SC 29577

Estimated Value: $152,000 - $162,623

1 Bed
1 Bath
539 Sq Ft
$683/mo HOA Fee

Last Sold April 21, 2023

Last sale price $173,800 $322 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,729/month

1 Day on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Community Indoor Pool
  • Primary bedroom faces the ocean
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of April 2023

You don't want to miss out on the opportunity to own this lovely 1 bedroom 1 bathroom Ocean Front condo in The Palace!! This unit is currently used as a second home but the potential for rental income is amazing. Similiar units produced great rental income. The kitchen is equipped with granite countertops, updated cabinetry, breakfast bar, and all the appliances you need. Through out the entire condo there is tile flooring and access to the balcony from the living room and bedroom with beautiful views of the sandy shore and blue ocean.. Enjoy the miles and miles of ocean views from your 1st floor balcony, accessible from the living room and master bedroom. The Palace has plenty of amenities, including a covered parking garage, indoor and outdoor pools, jacuzzis, a putting green, and a restaurant. A short walk or drive to restaurants, shopping, and the Myrtle Beach airport. Schedule your showing today! Square footage is approximate and not guaranteed. Buyers responsible for verification.

Last Agent to Sell the Property

Carrie Gerald

Realty ONE Group DocksideNorth License #97741 Listed on: 03/22/2023

Realty ONE Group DocksideNorth

Last Buyer's Agent

The Forturro Group

Keller Williams The Forturro G

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 1st floor
  • Brick Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 539 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Balcony

Schools

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

Utilities

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

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, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Building Details

  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,559

Year Built

Built in 1986

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 683
  • HOA Management Company: Ally Management 843-497-3555
  • Living Room Type: Ceiling Fan
  • Lvt Date: 03/24/2023
  • Sold Total Heated Sq Ft: 539
  • Sold Total Sq Ft: 559
  • Total Heated Sq Ft: 539
  • 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: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Furnished
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Work Island, Breakfast Bar, Oven, Microwave, Range Hood, Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan, Oceanfront Master Bedroom
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 559

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Brick/Masonry

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

Closed on
Jul 7, 2023
Sold by
Towle Christina
Bought by
Mrc Legacies Llc
Current Estimated Value
$156,906

Purchase Details

Listed on
Mar 22, 2023
Closed on
Apr 18, 2023
Sold by
Stewart April Lynn
Bought by
Towle Christina
Seller's Agent
Carrie Gerald
Realty ONE Group DocksideNorth
Buyer's Agent
The Forturro Group
Keller Williams The Forturro G
List Price
$173,800
Sold Price
$173,800
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.07%

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 9, 2022
Sold by
Sorley Christopher M
Bought by
Stewart April Lynn
Seller's Agent
Giedre Watkins
Century 21 The Harrelson Group
Buyer's Agent
Brittanie Valipour
Realty ONE Group DocksideNorth
List Price
$175,000
Sold Price
$164,000
Premium/Discount to List
-$11,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
Sep 28, 2021
Closed on
Oct 28, 2021
Sold by
T Corp Holdings Llc
Bought by
Sorley Christopher M and Sorley Tara
Seller's Agent
The Pierce Group
Compass Carolinas, LLC
Buyer's Agent
Giedre Watkins
Century 21 The Harrelson Group
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.88%
Original Mortgage
$96,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jan 6, 2020
Sold by
Shane Eric E
Bought by
T Corp Holdings Llc
Seller's Agent
Bryan Cox
Century 21 Palms Realty
Buyer's Agent
Tammi Pierce
Compass Carolinas, LLC
List Price
$99,900
Sold Price
$91,250
Premium/Discount to List
-$8,650
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2017
Closed on
Dec 28, 2017
Sold by
Schiezzari Louis S
Bought by
Shane Eric E
Seller's Agent
Kevin Mills
Century 21 Barefoot Realty
Buyer's Agent
Greg Sisson
The Ocean Forest Company
List Price
$74,900
Sold Price
$72,000
Premium/Discount to List
-$2,900
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$54,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Hudson Billy E and Hudson Amy V
Bought by
Schiezzari Louis S and Schiezzari Virginia R

Purchase Details

Closed on
May 2, 2005
Sold by
Paul Larry W and Mcdowell Tiffaney Paul
Bought by
Hudson Billy E and Hudson Amy V
Source: Public Records

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
Mrc Legacies Llc -- --
Towle Christina $173,800 --
Stewart April Lynn $164,000 --
Sorley Christopher M $120,000 --
T Corp Holdings Llc $91,250 --
Shane Eric E $72,000 --
Schiezzari Louis S $185,000 None Available
Hudson Billy E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorley Christopher M $96,000
Previous Owner T Corp Holdings Llc $150,000
Previous Owner Shane Eric E $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold $173,800 0.0% $322 / Sq Ft
03/22/2023 03/22/23 For Sale $173,800 +6.0% $322 / Sq Ft
06/08/2022 06/08/22 Sold $164,000 -3.5% $304 / Sq Ft View Prior Sale
05/04/2022 05/04/22 Price Changed $169,900 -2.9% $315 / Sq Ft
04/08/2022 04/08/22 For Sale $175,000 +45.8% $325 / Sq Ft
10/28/2021 10/28/21 Sold $120,000 0.0% $218 / Sq Ft View Prior Sale
09/28/2021 09/28/21 For Sale $120,000 +31.5% $218 / Sq Ft
01/13/2020 01/13/20 Sold $91,250 -8.7% $166 / Sq Ft View Prior Sale
10/03/2019 10/03/19 For Sale $99,900 +38.8% $181 / Sq Ft
12/29/2017 12/29/17 Sold $72,000 -3.9% $131 / Sq Ft View Prior Sale
06/22/2017 06/22/17 For Sale $74,900 -- $136 / 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 $2,559 $10,050 $0 $10,050
2023 $2,559 $9,975 $0 $9,975
2021 $1,975 $9,975 $0 $9,975
2020 $1,469 $9,975 $0 $9,975
2019 $1,335 $9,975 $0 $9,975
2018 $1,197 $7,875 $0 $7,875
2017 $994 $3,780 $0 $3,780
2016 $0 $3,780 $0 $3,780
2015 -- $6,615 $0 $6,615
2014 $956 $3,780 $0 $3,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2305593

Coastal Carolinas Association of REALTORS®

APN: 44314040125