$159,000
SOLD SEP 10, 2024

1605 S Ocean Blvd Unit 1812 The Palace Myrtle Beach, SC 29577

1 Bed
1 Bath
550 Sq Ft
$683/mo HOA Fee

Recently Sold

$289 Per Sq Ft

9% Below List Price

130 Days on Market

Highlights

  • Living Room with Fireplace
  • Community Indoor Pool
  • Lawn
  • Soaking Tub and Separate Shower in Primary Bathroom
  • Furnished
  • Solid Surface Countertops

About This Home

As of September 2024

Check out this beautifully furnished, 1BR condo located in the heart of Myrtle Beach at The Palace Resort! This highly desired 1BR unit features approximately 550 square feet of living space, queen bed, sleeper sofa, updated flooring, granite counter tops, stainless appliances, beautiful cabinetry, beachy paint and decor, and endless Northern views of the Atlantic Ocean! Unlike many other 1BR units in the area, this 18th floor suite offers an oversized kitchen, as well as a private bedroom. The Palace offers plentiful amenities such as 2 outdoor pools, an onsite restaurant, game room, exercise room, sauna, steam room and hot tub/jacuzzies. This is a great income-producing condo with excellent rental history. Call the listing agent today!

Last Agent to Sell the Property

Isaac Larrowe

ERA Real Estate Modo License #92422 Listed on: 02/24/2024

ERA Real Estate Modo

Last Buyer's Agent

Matt Meetre

Century 21 Palms Realty License #116199

Century 21 Palms Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1986

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 550 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Linen Closet
  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Separate Shower in Primary Bathroom

Home Security

Schools

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

Utilities

  • Geothermal Heating and Cooling
  • Underground Utilities
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Lawn
  • Flood Zone Lot

Community Details

Overview

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

Recreation

  • Community Indoor Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Additional Features

  • Door to Door Trash Pickup
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,670

Year Built

Built in 1986

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Geothermal
  • Monthly HOA as Calculated: 683
  • HOA Management Company: First Service Residential: 843-904-7001
  • Living Room Type: Fireplace
  • Lvt Date: 02/24/2024
  • Sold Total Heated Sq Ft: 550
  • Sold Total Sq Ft: 600
  • Total Heated Sq Ft: 550
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 18
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Furnished
  • Primary Bathroom: Tub, Shower, Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Oven, Freezer, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Linen Closet
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 600

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities

Condo/Co-op/Association

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

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 24, 2024
Closed on
Jul 30, 2024
Sold by
Bowen Christopher S
Bought by
Duest Douglas D
Seller's Agent
Isaac Larrowe
ERA Real Estate Modo
Buyer's Agent
Matt Meetre
Century 21 Palms Realty
List Price
$175,000
Sold Price
$159,000
Premium/Discount to List
-$16,000
-9.14%
Views
108
Current Estimated Value
$156,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,795
Avg. Annual Appreciation
0.35%
Original Mortgage
$119,250
Outstanding Balance
$118,490
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$40,986

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 12, 2020
Sold by
Arrington Robyne Hill
Bought by
Bowen Christopher Scott
Seller's Agent
Meghan Sansouci
CB Sea Coast Advantage MI
Buyer's Agent
Janette Cobane
Century 21 Barefoot Realty
List Price
$105,900
Sold Price
$100,000
Premium/Discount to List
-$5,900
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%

Purchase Details

Listed on
Aug 11, 2014
Closed on
Nov 21, 2014
Sold by
Headden Robert W
Bought by
Arrington Robyne Hill and Arrington Ronnie Lynn
Seller's Agent
Jewell Knight
Beach & Forest Realty North
Buyer's Agent
Nestella Vannoy
BHHS Myrtle Beach Real Estate
List Price
$78,900
Sold Price
$72,000
Premium/Discount to List
-$6,900
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Jun 18, 2009
Sold by
Curtis Darrell L
Bought by
Headden Robert W

Purchase Details

Closed on
May 16, 2005
Sold by
Michael David P and Michael Alexandra J
Bought by
Curtis Darrell L and Curtis Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 10, 2004
Sold by
Cruz Ishmael and Cruz Mercedes
Bought by
Michael David P and Michael Alexandra J
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 $159,000 --
Warranty Deed $100,000 --
Warranty Deed $72,000 --
Deed $80,000 --
Deed $180,000 --
Deed $89,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,250 New Conventional
Previous Owner $162,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $159,000 -2.2% $289 / Sq Ft
06/27/2024 06/27/24 Price Changed $162,500 -0.3% $295 / Sq Ft
06/21/2024 06/21/24 Price Changed $163,000 -0.3% $296 / Sq Ft
06/12/2024 06/12/24 Price Changed $163,500 -0.3% $297 / Sq Ft
06/07/2024 06/07/24 Price Changed $164,000 -0.3% $298 / Sq Ft
05/28/2024 05/28/24 Price Changed $164,500 -0.3% $299 / Sq Ft
05/07/2024 05/07/24 Price Changed $165,000 -2.9% $300 / Sq Ft
04/15/2024 04/15/24 Price Changed $169,900 -2.9% $309 / Sq Ft
02/24/2024 02/24/24 For Sale $175,000 +75.0% $318 / Sq Ft
06/16/2020 06/16/20 Sold $100,000 -5.6% $186 / Sq Ft
05/22/2020 05/22/20 For Sale $105,900 +47.1% $196 / Sq Ft
11/21/2014 11/21/14 Sold $72,000 -8.7% $131 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $78,900 -- $143 / 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 $252 $9,975 $0 $9,975
2019 $243 $9,975 $0 $9,975
2018 $0 $7,245 $0 $7,245
2017 $0 $4,140 $0 $4,140
2016 $0 $4,140 $0 $4,140
2015 -- $2,760 $0 $2,760
2014 $956 $2,520 $0 $2,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2404730

Coastal Carolinas Association of REALTORS®

APN: 44314040227