NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 1111 Myrtle Beach, SC 29577

Estimated Value: $152,000 - $169,945

1 Bed
1 Bath
600 Sq Ft
$548/mo HOA Fee

Last Sold July 03, 2018

Last sale price $90,000 $150 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,642/month

3 Days on Market

Highlights

  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Lawn
  • Clubhouse
  • Furnished
  • Elevator

About This Home

As of July 2018

Great Beach Get-Away and/or Investment Property! 1BR-1BA condo, fully furnished and well maintained with a beautiful ocean view from both the bedroom and living room. Tile flooring throughout. The Palace Resort features a host of amenities: Large oceanfront outdoor pool, indoor pools, whirlpools, putting green, exercise room, sauna, restaurant/lounge, free wireless internet, guest laundry facilities, attached parking garage. The Palace is minutes from Market Commons, the Boardwalk, Broadway at the Beach and the Myrtle Beach Airport.

Last Agent to Sell the Property

Ryan Korros

RE/MAX Southern Shores License #44100 Listed on: 06/08/2018

RE/MAX Southern Shores

Last Buyer's Agent

Candace Habib

CENTURY 21 Broadhurst License #104530

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $548 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding

Interior Spaces

  • 600 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Pool

  • Private Pool
  • Spa

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
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Lawn

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 1986

Lot Details

0

HOA Fees

$548 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, 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
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 548
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 06/08/2018
  • Sold Total Heated Sq Ft: 600
  • Sold Total Sq Ft: 650
  • Total Heated Sq Ft: 600
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Pool-Indoor Private, Spa/Hot Tub
  • Gross Annual Rental Incom: $18,579 2017
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • 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, Furnished
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Oven, Refrigerator, Range
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 650

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Rec. Facilities, Master Antenna/Cable Tv, Common Maint/Repair, 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

Closed on
Apr 3, 2022
Sold by
Robertson John A Tr
Bought by
Wahba Selim and Wahba Therese
Current Estimated Value
$159,736

Purchase Details

Closed on
Jun 12, 2019
Sold by
Robertson John A Tr
Bought by
Robertson John A Tr and Robertson Living Tr

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 5, 2018
Sold by
Mcguinness Michael P
Bought by
Robertson John A Tr and Robertson Living Trust
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Candace Habib
CENTURY 21 Broadhurst
List Price
$87,000
Sold Price
$90,000
Premium/Discount to List
$3,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Jun 23, 2006
Sold by
Mcguinness Michael P and Mcguinness Teresa
Bought by
Mcguinness Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2003
Sold by
Hartory Timothy P and Hartory Jeanne
Bought by
Mcguinness Michael P and Mcguinness Teresa
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
Wahba Selim $152,500 --
Robertson John A Tr -- --
Robertson John A Tr $90,000 --
Mcguinness Michael P $125,000 None Available
Mcguinness Michael P $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcguinness Michael P $25,000
Previous Owner Mcguinness Michael P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $90,000 +3.4% $150 / Sq Ft
06/08/2018 06/08/18 For Sale $87,000 -- $145 / 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 $2,538 $9,975 $0 $9,975
2023 $2,538 $9,975 $0 $9,975
2021 $1,540 $9,975 $0 $9,975
2020 $1,469 $9,975 $0 $9,975
2019 $1,469 $9,975 $0 $9,975
2018 $1,005 $6,615 $0 $6,615
2017 $994 $3,780 $0 $3,780
2016 -- $3,780 $0 $3,780
2015 $983 $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: 1812365

Coastal Carolinas Association of REALTORS®

APN: 44314040068