NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 1707 The Palace Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $233,000 - $243,000

2 Beds
2 Baths
785 Sq Ft
$824/mo HOA Fee

Last Sold April 27, 2023

Last sale price $261,000 $332 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,056/month

2 Days on Market

Highlights

  • Primary bedroom faces the ocean
  • Second Garage
  • Solid Surface Countertops
  • Spa
  • Furnished
  • Elevator

About This Home

As of April 2023

Check out the BREATHTAKING VIEWS from this two bedroom two balcony unit at the Palace Resort. This unit offers a split bedroom and bathroom plan with each bedroom having their own private balcony! Check out all the pools, hot tubs, lazy rivers, putting green, gym, and other amenities the Palace Resort has to offer! This property would make the PERFECT primary, secondary, or investment property.

Last Agent to Sell the Property

Jordan Rye

Century 21 The Harrelson Group License #3618347 Listed on: 04/03/2023

Century 21 The Harrelson Group

Last Buyer's Agent

Robert Schreiber

The Hoffman Group License #25688

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 1.88

HOA Fees

  • $824 Monthly HOA Fees

Home Design

  • Entry on the 17th floor
  • Steel Siding
  • Tile

Interior Spaces

  • 785 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Combination Dining and Living Room
  • Carpet
  • Home Security System

Kitchen

  • Breakfast Bar
  • Microwave
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom faces the ocean
  • Split Bedroom Floorplan
  • Linen Closet
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom

Parking

  • Garage
  • Second Garage
  • Parking Deck

Outdoor Features

  • Spa
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, security, legal and accounting, master antenna/cable TV, internet access, pest control
  • High-Rise Condominium

Recreation

  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$824 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Owner Allowed Pet, Short Term Rental Allowed, Long Term Rental Allowed, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1989
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 824
  • HOA Management Company: Ally management 843-497-3555
  • Living Room Type: Bar, Ceiling Fan
  • Lvt Date: 04/03/2023
  • Total Heated Sq Ft: 785
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony, Elevator-Exterior, Spa/Hot Tub, Additional Garage
  • Gross Annual Rental Incom: 36,375.26
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 17
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Furnished: Yes
  • Interior Amenities: Security System, Elevator-Interior, Split Bedroom Plan, Smoke Detector, Furnished
  • Primary Bathroom: Shower, Tub/Shower Combo
  • Kitchen Type: Refrigerator, Work Island, Breakfast Bar, Microwave, Pantry, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Linen Closet, Oceanfront Master Bedroom
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Total Sq Ft: 900

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Security, Legal And Accounting, Master Antenna/Cable Tv, Internet Access, Pest Control

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
Apr 3, 2023
Closed on
Apr 28, 2023
Sold by
Janovyak John S
Bought by
Booker Ezekiel Maurice and Booker Portia Maria
Seller's Agent
Jordan Rye
Century 21 The Harrelson Group
Buyer's Agent
Robert Schreiber
The Hoffman Group
List Price
$269,000
Sold Price
$261,000
Premium/Discount to List
-$8,000
-2.97%
Views
69
Current Estimated Value
$234,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,528
Avg. Annual Appreciation
-3.39%

Purchase Details

Listed on
May 16, 2019
Closed on
Aug 22, 2019
Sold by
Bowman Eugene C
Bought by
Janovyak John S
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Ana Moore
Century 21 The Harrelson Group
List Price
$143,900
Sold Price
$127,000
Premium/Discount to List
-$16,900
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.62%

Purchase Details

Listed on
May 4, 2012
Closed on
Oct 26, 2012
Sold by
Asselin & Vieceli Partnership Llc
Bought by
Bowman Eugene C
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Robert Schreiber
The Hoffman Group
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
Feb 26, 2007
Sold by
Curbelo Robert Angel and Curbelo Katia Rocio
Bought by
Heritage Ventures Llc and Asselin & Vieceli Partnership Llc

Purchase Details

Closed on
Apr 12, 2002
Sold by
Carmosin Gerard S and Ma Anna Ma
Bought by
Curbelo Robert Angel and Curbelo Katia Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,800
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Booker Ezekiel Maurice $261,000 --
Janovyak John S $127,000 --
Bowman Eugene C $95,000 --
Heritage Ventures Llc $210,000 None Available
Curbelo Robert Angel $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curbelo Robert Angel $109,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $261,000 -3.0% $332 / Sq Ft
04/03/2023 04/03/23 For Sale $269,000 +111.8% $343 / Sq Ft
08/22/2019 08/22/19 Sold $127,000 -2.3% $149 / Sq Ft View Prior Sale
07/30/2019 07/30/19 Price Changed $130,000 -9.7% $153 / Sq Ft
05/16/2019 05/16/19 For Sale $143,900 +51.5% $169 / Sq Ft
10/26/2012 10/26/12 Sold $95,000 -13.6% $109 / Sq Ft View Prior Sale
10/11/2012 10/11/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $109,900 -- $126 / 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 -- $14,934 $0 $14,934
2023 $0 $15,372 $0 $15,372
2021 $2,372 $15,372 $0 $15,372
2020 $2,263 $15,372 $0 $15,372
2019 $1,618 $14,805 $0 $14,805
2018 $0 $9,555 $0 $9,555
2017 $1,436 $5,460 $0 $5,460
2016 -- $5,460 $0 $5,460
2015 $1,420 $9,555 $0 $9,555
2014 $1,380 $5,460 $0 $5,460
Source: Public Records

Agents Affiliated with this Home

  • Jordan Rye

    Seller's Agent in 2023

    Jordan Rye

    Century 21 The Harrelson Group

    (843) 424-1913

    8 in this area

    54 Total Sales

    Jordan Rye
    Section Image
  • Robert Schreiber

    Buyer's Agent in 2023

    Robert Schreiber

    The Hoffman Group

    (843) 450-1309

    95 in this area

    103 Total Sales

    Robert Schreiber
    Section Image
  • Ryan Korros

    Seller's Agent in 2019

    Ryan Korros

    RE/MAX

    (843) 455-6580

    91 in this area

    773 Total Sales

    Ryan Korros
    Section Image
  • Ana Moore

    Buyer's Agent in 2019

    Ana Moore

    Century 21 The Harrelson Group

    (843) 997-8195

    39 in this area

    242 Total Sales

    Ana Moore
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2306239

Coastal Carolinas Association of REALTORS®

APN: 44314040017

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

1605 S Ocean Blvd Unit 1707 The Palace, Myrtle Beach, SC

Not Listed for Sale

Condos

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