1605 S Ocean Blvd Unit 1507 THE PALACE Myrtle Beach, SC 29577
Estimated Value: $216,000 - $250,078
2
Beds
2
Baths
750
Sq Ft
$911/mo
HOA Fee
Highlights
- Second Garage
- Community Indoor Pool
- Elevator
- Clubhouse
- Solid Surface Countertops
- Stainless Steel Appliances
About This Home
As of June 2023What a View!!!! This updated 2 Bedroom, 2 Bathroom condo in the Palace Resort is a must see! The 15th floor unit offers a spectacular ocean view. The condo has vinyl flooring throughout. The updated bathrooms have tiled walk in showers with granite countertops. The kitchen is updated with stainless steel appliances, tiled backsplash, granite countertops and flooring. The Palace offers a host of amenities which includes a large oceanfront outdoor pool, an indoor pool, an exercise gym, a putting green, a restaurant, wireless internet, a sauna, a huge parking garage, and much more. Besides being on the Ocean Front, The Palace is minutes from it all!!! Minutes to The Market Common, Myrtle Beach Airport, The Myrtle Beach Boardwalk, Broadway at the Beach, Legends Theater, Carolina Opry Theater, and many restaurants and shops. This unit is a must see!!! Great for either an Ocean Front Home or an Investment Property!!! Schedule your showing!!!
Last Agent to Sell the Property
Keller Williams Innovate South License #119672 Listed on: 04/17/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,801
Year Built
- Built in 1986
Lot Details
- 1.88
HOA Fees
- $911 Monthly HOA Fees
Home Design
- Slab Foundation
- Steel Siding
- Tile
Interior Spaces
- 750 Sq Ft Home
- Vinyl Flooring
Kitchen
- Range with Range Hood
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Single Vanity
- Shower Only
Parking
- Garage
- Second Garage
- Parking Deck
Outdoor Features
- Balcony
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Middle School
- Myrtle Beach High School
Utilities
- Central Heating and Cooling System
- Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, golf, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
- High-Rise Condominium
Amenities
- Clubhouse
- Elevator
Recreation
- Community Indoor Pool
Pet Policy
- Only Owners Allowed Pets
Building Details
- Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2023
Closed on
Jun 9, 2023
Sold by
Lavin Paul Gabriel
Bought by
Wasley Lisa Kosakowski
Seller's Agent
Charlie DeMatteo
Keller Williams Innovate South
Buyer's Agent
Jonathan Edmund
Wave Beach Realty, LLC
List Price
$269,900
Sold Price
$266,000
Premium/Discount to List
-$3,900
-1.44%
Views
280
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,480
Avg. Annual Appreciation
-7.37%
Original Mortgage
$199,500
Outstanding Balance
$195,586
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$32,292
Purchase Details
Listed on
May 1, 2018
Closed on
Jun 1, 2018
Sold by
Gabriel Timothy H
Bought by
Lavin Paul Gabriel
Seller's Agent
Timothy Gabriel
Gabriel Financial Real Estate
Buyer's Agent
James Cole
Gabriel Financial Real Estate
List Price
$130,000
Sold Price
$130,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%
Original Mortgage
$82,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2014
Sold by
Ahlfeldt Harry J and Ahlfeldt Carol A
Bought by
Gabriel Timothy and Gabriel Miriam K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
4.4%
Mortgage Type
Seller Take Back
Similar Homes in Myrtle Beach, SC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wasley Lisa Kosakowski | $266,000 | -- | |
| Lavin Paul Gabriel | $130,000 | -- | |
| Gabriel Timothy | $102,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wasley Lisa Kosakowski | $199,500 | |
| Previous Owner | Lavin Paul Gabriel | $82,000 | |
| Previous Owner | Gabriel Timothy | $76,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $266,000 | -1.4% | $355 / Sq Ft |
| 04/17/2023 04/17/23 | For Sale | $269,900 | +107.6% | $360 / Sq Ft |
| 06/01/2018 06/01/18 | Sold | $130,000 | 0.0% | $148 / Sq Ft |
| 05/01/2018 05/01/18 | Pending | -- | -- | -- |
| 05/01/2018 05/01/18 | For Sale | $130,000 | -- | $148 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $3,801 | $14,805 | $0 | $14,805 |
| 2023 | $3,801 | $14,805 | $0 | $14,805 |
| 2021 | $335 | $14,805 | $0 | $14,805 |
| 2020 | $2,180 | $14,805 | $0 | $14,805 |
| 2019 | $2,180 | $14,805 | $0 | $14,805 |
| 2018 | $1,564 | $10,290 | $0 | $10,290 |
| 2017 | $1,546 | $10,290 | $0 | $10,290 |
| 2016 | -- | $10,290 | $0 | $10,290 |
| 2015 | $1,529 | $3,920 | $0 | $3,920 |
| 2014 | $1,380 | $3,640 | $0 | $3,640 |
Source: Public Records
Agents Affiliated with this Home
-
Charlie DeMatteo
Seller's Agent in 2023
Charlie DeMatteo
Keller Williams Innovate South
(914) 774-4097
85 Total Sales
-
Jonathan Edmund
Buyer's Agent in 2023
Jonathan Edmund
Wave Beach Realty, LLC
(843) 957-3872
386 Total Sales
-
Timothy Gabriel
Seller's Agent in 2018
Timothy Gabriel
Gabriel Financial Real Estate
(843) 222-5335
20 Total Sales
-
James Cole
J
Buyer's Agent in 2018
James Cole
Gabriel Financial Real Estate
23 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2307250
APN: 44314040093
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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