$92,500
SOLD NOV 18, 2019

1605 S Ocean Blvd Unit 1112 Myrtle Beach, SC 29577

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

Recently Sold

$168 Per Sq Ft

10% Below List Price

289 Days on Market

Highlights

  • Furnished
  • Bar
  • Central Heating
  • Balcony
  • Breakfast Bar
  • Combination Dining and Living Room

About This Home

As of September 2024

Get ready for your new Myrtle Beach getaway! This fully furnished one bedroom, one bathroom condo in the Palace Resort is ready for you!! Modern chic decor with custom cabinets and granite countertops in the kitchen give this unit a light and airy feel. The amazing Ocean view from the balcony of the 11th floor is beautiful & breath-taking! Schedule your showing today.

Last Agent to Sell the Property

Jacinda Wright

CENTURY 21 Broadhurst License #89742 Listed on: 01/06/2019

CENTURY 21 Broadhurst

Last Buyer's Agent

Susan Labrocco

Century 21 The Harrelson Group License #105336

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1986

HOA Fees

  • $548 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Stucco
  • Tile

Interior Spaces

  • 550 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating
  • Underground Utilities
  • Water Heater
  • 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, legal and accounting, master antenna/cable TV, common maint/repair
  • High-Rise Condominium

Building Details

  • Security

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: Restrictions, Security, Seller Disclosure, Home Owners Assn Fee
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat
  • Monthly HOA as Calculated: 548
  • HOA Management Company: Ally Management - 843-497-3555
  • Living Room Type: Bar
  • Lvt Date: 01/07/2019
  • Sold Total Heated Sq Ft: 550
  • Sold Total Sq Ft: 600
  • Total Heated Sq Ft: 550
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: $13,000
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Which Floor: 11
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Washer/Dryer, Furnished
  • Kitchen Type: Breakfast Bar, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 600

Exterior Features

  • Exterior Finish: Stucco

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Telephone, Underground Utilities, 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, Legal And Accounting, Master Antenna/Cable Tv, 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
Mar 1, 2024
Closed on
Sep 20, 2024
Sold by
Bee & Dee Property Group Llc
Bought by
Moore Marshall and Moore Rochelle
Seller's Agent
Isaac Larrowe
ERA Real Estate Modo
Buyer's Agent
Alisha Brown
EXP Realty LLC
List Price
$185,000
Sold Price
$152,500
Premium/Discount to List
-$32,500
-17.57%
Views
53
Current Estimated Value
$147,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,716
Avg. Annual Appreciation
-3.39%
Original Mortgage
$102,500
Outstanding Balance
$101,355
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$46,429

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 1, 2020
Sold by
Black Thomas G
Bought by
Bowen Christopher and Bowen Kathy
Seller's Agent
Susan Labrocco
Century 21 The Harrelson Group
Buyer's Agent
Isaac Larrowe
ERA Real Estate Modo
List Price
$90,000
Sold Price
$83,750
Premium/Discount to List
-$6,250
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%

Purchase Details

Listed on
Jan 6, 2019
Closed on
Nov 18, 2019
Sold by
Adams Reginald M
Bought by
Black Thomas G
Seller's Agent
Jacinda Wright
CENTURY 21 Broadhurst
Buyer's Agent
Susan Labrocco
Century 21 The Harrelson Group
List Price
$103,000
Sold Price
$92,500
Premium/Discount to List
-$10,500
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.82%

Purchase Details

Closed on
Mar 29, 2005
Sold by
Weiss John R and Weiss Robin K
Bought by
Hein William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2005
Sold by
Mbr Rentals Llc
Bought by
Adams Reginald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2000
Sold by
Baxley Michael O and Baxley Brenda K
Bought by
Mbr Rentals Llc

Purchase Details

Closed on
Oct 29, 1998
Sold by
Gibbs Robert J and Gibbs Patricia R
Bought by
Baxley Michael O and Baxley Brenda K
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 $152,500 --
Warranty Deed $83,750 --
Warranty Deed $92,500 --
Deed $150,000 --
Deed $155,000 --
Gift Deed -- --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,500 New Conventional
Previous Owner $139,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $152,500 -4.6% $283 / Sq Ft
05/28/2024 05/28/24 Price Changed $159,900 -5.4% $297 / Sq Ft
05/28/2024 05/28/24 Price Changed $169,000 -7.7% $314 / Sq Ft
04/02/2024 04/02/24 Price Changed $183,000 -1.1% $340 / Sq Ft
03/01/2024 03/01/24 For Sale $185,000 +120.9% $343 / Sq Ft
09/02/2020 09/02/20 Sold $83,750 -6.9% $155 / Sq Ft
08/03/2020 08/03/20 For Sale $90,000 -2.7% $167 / Sq Ft
11/18/2019 11/18/19 Sold $92,500 -10.2% $168 / Sq Ft
07/31/2019 07/31/19 For Sale $103,000 +11.4% $187 / Sq Ft
07/31/2019 07/31/19 Off Market $92,500 -- --
04/23/2019 04/23/19 Price Changed $103,000 -4.6% $187 / Sq Ft
01/06/2019 01/06/19 For Sale $108,000 -- $196 / 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 $1,121 $9,975 $0 $9,975
2018 $1,005 $6,615 $0 $6,615
2017 $994 $6,615 $0 $6,615
2016 -- $6,615 $0 $6,615
2015 $983 $2,520 $0 $2,520
2014 $956 $2,520 $0 $2,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1900380

Coastal Carolinas Association of REALTORS®

APN: 44314040009