$152,500
SOLD SEP 19, 2024

1605 S Ocean Blvd Unit 1112 Myrtle Beach, SC 29577

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

Recently Sold

$283 Per Sq Ft

18% Below List Price

165 Days on Market

Highlights

  • Soaking Tub and Separate Shower in Primary Bathroom
  • Furnished
  • Solid Surface Countertops
  • Community Indoor Pool
  • Lawn
  • Stainless Steel Appliances

About This Home

As of September 2024

Check out this 11th floor, ocean view, 1-bedroom apartment located at the Palace Resort in Myrtle Beach, SC. The condo is fully furnished and the layout will accommodate 4 guests. Upon entry, guests will enter into the kitchen and living room area. Unlike many 1-bedroom properties in town, you do not have to walk through the bedroom to get in and out of the condo! Directly to the right is where the full bathroom is located. The bathroom features a tub, shower, vanity with sink, mirror, and toilet. The AC unit is located in the utility closet just outside the bathroom. Continuing through the apartment, the private bedroom is also located on the right side of the apartment. The bedroom features 1 queen bed, closet, dresser for storage, nightstand, cable TV with over 100 channels to choose from, access to the ocean view balcony, blackout curtains, and a beautiful barn door for privacy. Entering into the living room, guests will find the most relaxing part of the entire condo! The living room is open and spacious, and features endless, North-facing views of the ocean. The 11th floor offers such great views; not too high, not too low! The living room offers a dining table and chairs, queen-sized sleeper sofa, accent chairs, end tables, cable TV with over 100 channels to choose from, and access to the ocean view balcony. As of March 2022, a beautiful shiplap wall was built and an LED electric fireplace was installed. A brand new sleeper sofa was installed, including modern pieces of decor and accents. The entire condo was painted, and a stylish barn door was installed in the bedroom. New flooring is featured throughout. This is truly a home away from home! The kitchen is absolutely incredible and features brand new stainless steel appliances, new cabinets, and granite counter tops. The homeowners spared no expense! Unlike many condos, this listing also features a full-size dishwasher as well as small appliances like a coffee maker and toaster. Cooking a large meal or a small snack will not be a problem! The Palace is a highly sought-after complex in Myrtle Beach, SC and is in close proximity to the Myrtle Beach Boardwalk, Sky Wheel, restaurants, shopping, mini golf, attractions, MYR airport, and so much more. Call the listing agent to schedule a showing today!

Last Agent to Sell the Property

Isaac Larrowe

ERA Real Estate Modo License #92422 Listed on: 03/01/2024

ERA Real Estate Modo

Last Buyer's Agent

Alisha Brown

EXP Realty LLC License #103696

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1986

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Concrete Siding
  • Tile

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Linen Closet
  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Separate Shower in Primary Bathroom

Home Security

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

Additional Features

  • Balcony
  • Lawn
  • Flood Zone Lot

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, telephone service in unit, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Recycling

Recreation

  • Community Indoor Pool

Building Details

  • Security

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 1986

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Recycling Available, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, 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, Electric
  • Monthly HOA as Calculated: 683
  • HOA Management Company: First Service Residential: 843-904-7001
  • Lvt Date: 03/01/2024
  • Sold Total Heated Sq Ft: 539
  • Sold Total Sq Ft: 700
  • Total Heated Sq Ft: 539
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony
  • 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, Fireplace, Fire Sprinkler, Smoke Detector, Furnished
  • Primary Bathroom: Shower, Tub/Shower Combo, Tub, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Freezer, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Linen Closet
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 700

Exterior Features

  • Exterior Finish: Concrete Fiber Siding

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, Telephone Service In Unit, 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

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: 2405257

Coastal Carolinas Association of REALTORS®

APN: 44314040009