NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 1811 Myrtle Beach, SC 29577

Estimated Value: $155,000 - $163,000

1 Bed
1 Bath
539 Sq Ft
$576/mo HOA Fee

Last Sold March 08, 2019

Last sale price $91,000 $169 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,598/month

381 Days on Market

Highlights

  • Soaking Tub and Shower Combination in Primary Bathroom
  • Community Pool
  • Combination Dining and Living Room
  • Furnished
  • Central Heating and Cooling System
  • Carpet

About This Home

As of March 2019

Great 1 bedroom / 1 bathroom ocean view condo at The Palace Resort in Myrtle Beach. Enjoy the neutral colors of this fully furnished condo along with the panoramic coastline views! This turn key property offers great amenities including: oceanfront outdoor pool, indoor pool, whirlpools, exercise room, sauna, putting green, free wireless internet, guest laundry facilities and attached parking garage. This property could be a great get-a-way weekend place or investment property. Don't Delay!

Last Listed By

Paige Bird

RE/MAX Southern Shores License #47713 Listed on: 02/09/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $576 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding

Interior Spaces

  • 539 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,670

Year Built

Built in 1986

Lot Details

0

HOA Fees

$576 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 576
  • HOA Management Company: Ally Management 843-497-3555
  • Lvt Date: 02/08/2018
  • Sold Total Heated Sq Ft: 539
  • Sold Total Sq Ft: 539
  • Total Heated Sq Ft: 539
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building
  • Gross Annual Rental Incom: 15,365 (2017)
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Which Floor: 18
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector
  • Primary Bathroom: Shower, Tub
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 539

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, 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, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair

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
Feb 9, 2018
Closed on
Mar 6, 2019
Sold by
Hiland Jeffery L
Bought by
Leary Philip Houston and Leary Vicky L
Seller's Agent
Paige Bird
RE/MAX Southern Shores
Buyer's Agent
Marc Zucconi
S.H. June & Associates, LLC
List Price
$105,000
Sold Price
$91,000
Premium/Discount to List
-$14,000
-13.33%
Total Days on Market
381
Current Estimated Value
$159,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,265
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Jun 4, 2005
Sold by
Morley James K and Morley Eleanor M
Bought by
Hiland Jeffery L and Anderson Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 1998
Sold by
Frank Guglielmo and Frank Yolanda
Bought by
Morley James K and Morley Eleanor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Leary Philip Houston $91,000 --
Hiland Jeffery L $195,000 --
Morley James K $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hiland Jeffery L $156,000
Previous Owner Morley James K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $91,000 -10.8% $169 / Sq Ft
02/01/2019 02/01/19 Price Changed $102,000 -2.9% $189 / Sq Ft
01/31/2018 01/31/18 For Sale $105,000 -- $195 / 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 $1,670 $9,975 $0 $9,975
2023 $1,670 $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 $0 $6,615 $0 $6,615
2017 $994 $3,780 $0 $3,780
2016 -- $3,780 $0 $3,780
2015 $983 $6,615 $0 $6,615
2014 $956 $3,780 $0 $3,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1802735

Coastal Carolinas Association of REALTORS®

APN: 44314040206