$130,000
SOLD JUN 1, 2018

1605 S Ocean Blvd Unit 1507 THE PALACE Myrtle Beach, SC 29577

2 Beds
2 Baths
880 Sq Ft
$657/mo HOA Fee

Recently Sold

$148 Per Sq Ft

About This Home

As of June 2023

This home is located at 1605 S Ocean Blvd Unit 1507 THE PALACE, Myrtle Beach, SC 29577 and is currently priced at $130,000, approximately $147 per square foot. This property was built in 1986. 1605 S Ocean Blvd Unit 1507 THE PALACE is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Last Agent to Sell the Property

Timothy Gabriel

Gabriel Financial Real Estate License #10663 Listed on: 05/01/2018

Last Buyer's Agent

James Cole

Gabriel Financial Real Estate License #6479

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1986

HOA Fees

  • $657 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding

Interior Spaces

  • 880 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Intermediate School
  • Myrtle Beach High School

Community Details

  • High-Rise Condominium

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,801

Year Built

Built in 1986

Lot Details

0

HOA Fees

$657 per month

Listing Details

  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 657
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 06/05/2018
  • Sold Total Heated Sq Ft: 880
  • Sold Total Sq Ft: 880
  • Total Heated Sq Ft: 880
  • Building Style: Hi-Rise 7+ Stories
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 15
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Sq Ft: 880

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Intermediate School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: multi

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Intermediate School

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
$230,520

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
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 $266,000 --
Warranty Deed $130,000 --
Deed $102,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,500 New Conventional
Previous Owner $82,000 New Conventional
Previous Owner $76,800 Seller Take Back
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

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 $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

    Charlie DeMatteo
    Section Image
  • Jonathan Edmund

    Buyer's Agent in 2023

    Jonathan Edmund

    Wave Beach Realty, LLC

    (843) 957-3872

    384 Total Sales

    Jonathan Edmund
    Section Image
  • Timothy Gabriel

    Seller's Agent in 2018

    Timothy Gabriel

    Gabriel Financial Real Estate

    (843) 222-5335

    20 Total Sales

    Timothy Gabriel
    Section Image

  • J

    Buyer's Agent in 2018

    James Cole

    Gabriel Financial Real Estate

    23 Total Sales

    James Cole
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1812077

Coastal Carolinas Association of REALTORS®

APN: 44314040093

South Carolina Horry County Myrtle Beach 29577

1605 S Ocean Blvd Unit 1507 THE PALACE, Myrtle Beach, SC

This home is located at 1605 S Ocean Blvd Unit 1507 THE PALACE, Myrtle Beach, SC 29577 and is currently priced at $130,000, approximately $147 per square foot. This property was built in 1986. 1605 S Ocean Blvd Unit 1507 THE PALACE is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

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.

Coastal Carolinas Association of REALTORS® 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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