NOT LISTED FOR SALE

Estimated Value: $203,000 - $227,008

2 Beds
2 Baths
785 Sq Ft
0.9 Acre Lot

Sale Details

Date Sold: August 16, 2024

Last sale price $230,000 $293 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,317 / mo

232 Days on Market

Highlights

  • Direct Ocean View
  • Community Indoor Pool
  • Lawn
  • Clubhouse
  • Furnished
  • Solid Surface Countertops

About This Home

As of August 2024

Beautiful Ocean View! Renovated two bedroom and two bath condo in popular oceanfront Palace Resort - Myrtle Beach SC. The Palace Resort has amazing amenities that enhance your vacation experience. Two oceanfront pools, indoor pool, hot tubs, exercise room, sauna and steam room, putting green, laundry facilites and an onsite oceanfront restaurant. Excellent investment property with this upgraded condo with two private balconies in this fabulous resort. New luxury vinyl plank flooring, new glass in sliding glass doors are just a few of the new upgrades. The fully equipped kitchen features new refrigerator, dishwasher and breakfast bar. New bed frames on all beds, new bath vanities and toilets.

Last Agent to Sell the Property

Donna Bunting

Realty ONE Group DocksideNorth License #73351 Listed on: 11/19/2023

Realty ONE Group DocksideNorth

Last Buyer's Agent

Waterway Living Team

Oasis Realty Collective

Oasis Realty Collective

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 0.9

HOA Fees

  • $911 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 11th floor
  • Steel Siding

Interior Spaces

  • 785 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Direct Ocean Views

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Lawn

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, rec. facilities, master antenna/cable TV, internet access, pest control
  • High-Rise Community

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0.9 Acres

HOA Fees

$911 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, 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: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 911
  • HOA Management Company: First Service Residential: 843-904-7001
  • Lvt Date: 11/19/2023
  • Total Heated Sq Ft: 785
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 32,000 (average)
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 11
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Split Bedroom Plan, Furnished
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Solid Surface Countertops
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 885

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Rec. Facilities, Master Antenna/Cable Tv, Internet Access, Pest Control

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2023
Closed on
Aug 15, 2024
Sold by
Bought by
Seller's Agent
Donna Bunting
Realty ONE Group DocksideNorth
Buyer's Agent
Waterway Living Team
Oasis Realty Collective
List Price
$280,000
Sold Price
$230,000
Premium/Discount to List
-$50,000
-17.86%
Views
164
Current Estimated Value
$218,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,998
Avg. Annual Appreciation
-2.70%

Purchase Details

Listed on
Aug 23, 2021
Closed on
Dec 24, 2021
Sold by
Bought by
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Donna Bunting
Realty ONE Group DocksideNorth
List Price
$164,999
Sold Price
$164,000
Premium/Discount to List
-$999
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%

Purchase Details

Closed on
Feb 19, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,150
Interest Rate
6.11%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 23, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$230,000 --
$164,000 --
$131,000 --
$150,000 --
$277,000 --
$108,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $263,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2024 08/16/24 Sold $230,000 -5.0% $293 / Sq Ft
05/19/2024 05/19/24 Price Changed $242,000 -6.9% $308 / Sq Ft
04/01/2024 04/01/24 Price Changed $260,000 -7.1% $331 / Sq Ft
11/19/2023 11/19/23 For Sale $280,000 +70.7% $357 / Sq Ft
12/28/2021 12/28/21 Sold $164,000 -0.6% $209 / Sq Ft View Prior Sale
08/23/2021 08/23/21 For Sale $164,999 -- $210 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $0 $0 $0
2024 -- $14,934 $0 $14,934
2023 $2,686 $14,805 $0 $14,805
2021 $2,478 $14,805 $0 $14,805
2020 $1,618 $14,805 $0 $14,805
2019 $1,618 $14,805 $0 $14,805
2018 $0 $9,555 $0 $9,555
2017 $0 $5,460 $0 $5,460
2016 $0 $5,460 $0 $5,460
2015 -- $9,555 $0 $9,555
2014 $1,380 $5,460 $0 $5,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2323578

Coastal Carolinas Association of REALTORS®

APN: 44314040007

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