$56,000
SOLD DEC 4, 2013

1605 S Ocean Blvd Unit 1803 Myrtle Beach, SC 29577

-- Bed
1 Bath
425 Sq Ft
$300/mo HOA Fee

Recently Sold

$132 Per Sq Ft

14% Below List Price

193 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Balcony
  • Private Pool
  • Elevator
  • High-Rise Condominium

About This Home

As of July 2022

Great ocean view from the balcony of this 18th floor condo at The Palace Oceanfront Resort. The Palace Resort is located near everything that the City of Myrtle Beach has to offer. This sun suite is generating rental income through the onsite rental management company.

Last Agent to Sell the Property

Bob Zeller

RE/MAX Southern Shores GC License #32201 Listed on: 05/04/2013

Last Buyer's Agent

Ginny Whipple

Realty ONE Group Dockside License #79851

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1986

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding

Interior Spaces

  • 1 Full Bathroom
  • 425 Sq Ft Home
  • Furnished
  • Window Treatments
  • Range

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Ocean Front

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, rec. facilities, master antenna/cable TV, common maint/repair
  • High-Rise Condominium

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Electric
  • Monthly HOA as Calculated: 300
  • HOA Management Company: Premier Management
  • Sold Total Heated Sq Ft: 425
  • Sold Total Sq Ft: 425
  • Total Heated Sq Ft: 425
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 18
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey
  • Kitchen Type: Refrigerator, Range
  • Bedrooms: Efficiency
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 425

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • 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, Rec. Facilities, Master Antenna/Cable Tv, Common Maint/Repair

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 6, 2022
Sold by
Medina Angel A
Bought by
Thealliway Llc
Seller's Agent
The Integrity Team
Century 21 The Harrelson Group
Buyer's Agent
Austin Causey
Ace Realty, LLC
List Price
$149,000
Sold Price
$152,794
Premium/Discount to List
$3,794
2.55%
Current Estimated Value
$149,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,765
Avg. Annual Appreciation
-0.84%

Purchase Details

Closed on
Jun 26, 2020
Sold by
Medina Deborah J
Bought by
Medina Angel A and Fire 2020 Trust

Purchase Details

Listed on
May 4, 2013
Closed on
Dec 2, 2013
Sold by
Sousa Miguel R
Bought by
Feliciano Franz Walther
Seller's Agent
Bob Zeller
RE/MAX Southern Shores GC
Buyer's Agent
Ginny Whipple
Realty ONE Group Dockside
List Price
$65,000
Sold Price
$56,000
Premium/Discount to List
-$9,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
Jan 6, 2006
Sold by
Sousa Miguel R and Sousa Rita Carmela
Bought by
Sousa Miguel R and Borg Carmel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 2005
Sold by
Faircloth Kenneth Alan and Faircloth Donna Sawyer
Bought by
Sousa Miguel R and Sousa Rita Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2003
Sold by
Feirman Howard and Israeli Benjamin
Bought by
Faircloth Kenneth Alan and Faircloth Donna Sawyer
Source: Public Records

Similar Homes in Myrtle Beach, SC

  • 5001 Little River Rd Unit E115, Myrtle Beach, SC 29577

    $45,000

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 5001 Little River Rd
    • Unit E115
    • Myrtle Beach, SC

    Covenant Towers is a fabulous 55 and older independent community with the lifestyle that is deserving of a king or queen. Enjoy the lovely grounds, outdoor pool, onsite beauty salon, exercise room, library, coffee shop, book swap, plus many activity areas. Also include the billiard room, bingo room, computer room, theatre, and beautiful lounge area to the list. HOA fee covers most everything to

    Mike Hill Grand Strand Homes & Land

    Section Image
  • 1600 S Ocean Blvd Unit 254, Myrtle Beach, SC 29577

    $66,900

    • 1 Bed
    • 1 Bath
    • 1 Sq Ft
    • 1600 S Ocean Blvd
    • Unit 254
    • Myrtle Beach, SC

    Escape to the coast with this 1-bedroom, 1-bathroom condo at Wave Rider Resort in Myrtle Beach. Just steps from the ocean, this inviting space offers a full kitchen and durable tile floors, perfect for easy beach living. Start your day on the private balcony, taking in the fresh ocean breeze and the relaxing coastal atmosphere. The resort features amenities including a pool, a lazy river, guest

    Jeff Casterline Team INNOVATE Real Estate

    Section Image
  • 5001 Little River Rd Unit W-211, Myrtle Beach, SC 29577

    $64,000

    • 1 Bed
    • 2 Baths
    • 1,000 Sq Ft
    • 5001 Little River Rd
    • Unit W-211
    • Myrtle Beach, SC

    Covenant Towers is a 55 and older fantastic Retirement Community located on 9 acres surrounded by established neighborhoods and adjacent to the legendary Pine Lakes Country Club golf course. Enjoy the lovely grounds, pool, onsite beauty salon, exercise room, library, coffee shop, "book swap", plus many activity areas..billiard room, bingo room, computer room, Theatre, and beautiful lounge area.

    Jackie Carpenter CB Sea Coast Advantage CF

    Section Image
  • 5001 Little River Rd Unit E-410, Myrtle Beach, SC 29577

    $49,900

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 5001 Little River Rd
    • Unit E-410
    • Myrtle Beach, SC

    Covenant Towers is a 55 and older fantastic Retirement Community located on 9 acres surrounded by established neighborhoods and adjacent to the legendary Pine Lakes Country Club golf course. Enjoy the lovely grounds, pool, onsite beauty salon, exercise room, library, coffee shop, "book swap", plus many activity areas..billiard room, bingo room, computer room, Theatre, and beautiful lounge area.

    Jackie Carpenter CB Sea Coast Advantage CF

    Section Image
  • 5001 Little River Rd Unit E-312, Myrtle Beach, SC 29577

    $49,000

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 5001 Little River Rd
    • Unit E-312
    • Myrtle Beach, SC

    Covenant Towers is a 55 and older fantastic Retirement Community located on 9 acres surrounded by established neighborhoods and adjacent to the legendary Pine Lakes Country Club golf course. Enjoy the lovely grounds, pool, onsite beauty salon, exercise room, library, coffee shop, "book swap", plus many activity areas..billiard room, bingo room, computer room, Theatre, and beautiful lounge area.

    Jackie Carpenter CB Sea Coast Advantage CF

    Section Image
  • 5001 Little River Rd Unit W-214, Myrtle Beach, SC 29577

    $59,999

    • 2 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 5001 Little River Rd
    • Unit W-214
    • Myrtle Beach, SC

    Located just a mile from the beach, Covenant Towers is a vibrant retirement community for the 55+ community. Set on 9 acres next to Pine Lakes Country Club, everyone will enjoy the beautiful grounds which includes a pool, beauty salon, exercise room, library, coffee shop, and a "book swap." There are plenty of activity areas, including a billiard room, bingo room, computer room, theatre, and a

    The Taylor Keenan Team The Litchfield Company RE PI

    Section Image
  • 5001 Little River Rd Unit E110, Myrtle Beach, SC 29577

    $58,000

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 5001 Little River Rd
    • Unit E110
    • Myrtle Beach, SC

    Covenant Towers is a 55 and older fantastic Retirement Community located on 9 acres surrounded by established neighborhoods and adjacent to the legendary Pine Lakes Country Club golf course. Enjoy the lovely grounds, pool, onsite beauty salon, exercise room, library, coffee shop, "book swap", plus many activity areas...billiard room, bingo room, computer room, Theatre, and beautiful lounge area.

    Jackie Carpenter CB Sea Coast Advantage CF

    Section Image
  • 5001 Little River Rd Unit E-306, Myrtle Beach, SC 29577

    $58,000

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 5001 Little River Rd
    • Unit E-306
    • Myrtle Beach, SC

    Covenant Towers is a 55 and older fantastic Retirement Community located on 9 acres surrounded by established neighborhoods and adjacent to the legendary Pine Lakes Country Club golf course. Enjoy the lovely grounds, pool, onsite beauty salon, exercise room, library, coffee shop, "book swap", plus many activity areas..billiard room, bingo room, computer room, Theatre, and beautiful lounge area.

    Jackie Carpenter CB Sea Coast Advantage CF

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $152,794 --
Warranty Deed -- --
Warranty Deed -- --
Deed $56,000 --
Deed $56,000 --
Interfamily Deed Transfer -- None Available
Deed $180,000 --
Deed $67,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $144,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $152,794 +2.5% $357 / Sq Ft
06/02/2022 06/02/22 For Sale $149,000 +85.1% $348 / Sq Ft
08/12/2018 08/12/18 Sold $80,500 -3.6% $204 / Sq Ft
01/03/2018 01/03/18 For Sale $83,500 +49.1% $211 / Sq Ft
12/04/2013 12/04/13 Sold $56,000 -13.8% $132 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
05/04/2013 05/04/13 For Sale $65,000 -- $153 / 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 $6,825 $0 $6,825
2023 $2,538 $6,825 $0 $6,825
2021 $1,054 $6,825 $0 $6,825
2020 $1,005 $6,825 $0 $6,825
2019 $1,005 $6,825 $0 $6,825
2018 $0 $5,775 $0 $5,775
2017 $868 $3,300 $0 $3,300
2016 -- $3,300 $0 $3,300
2015 $858 $5,775 $0 $5,775
2014 $834 $3,300 $0 $3,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1308069

Coastal Carolinas Association of REALTORS®

APN: 44314040260