$100,000
SOLD JUN 16, 2020

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

1 Bed
1 Bath
539 Sq Ft
$598/mo HOA Fee

Recently Sold

$186 Per Sq Ft

6% Below List Price

8 Days on Market

Highlights

  • Private Pool
  • End Unit
  • Solid Surface Countertops
  • Clubhouse
  • Furnished
  • Elevator

About This Home

As of September 2024

Pack your bathing suit and move right in to this beautifully upgraded 18th floor condo in the oceanfront Palace. Used only as a second home, this unit has been extremely well cared for and it shows. The modern kitchen offers new cabinetry, extended granite breakfast bar, stainless appliances and tile backsplash. The spacious living room includes tile floors, fireplace and opens to the balcony. Tons of natural light gleams through the entire unit! Wake up to the sounds of the waves crashing as the master bedroom offers a sliding door to the balcony. The Palace offers amenities to keep you busy all day! Multiple pools, saunas, steam room, putt putt, 24/7 security, fitness center, and onsite restaurant and bar. Whether you are looking for an investment property or second home, make sure this unit is at the TOP of your list!

Last Agent to Sell the Property

Meghan Sansouci

CB Sea Coast Advantage MI License #92476 Listed on: 05/22/2020

Last Buyer's Agent

Janette Cobane

Century 21 Barefoot Realty License #110350

Century 21 Barefoot Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1986

HOA Fees

  • $598 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 539 Sq Ft Home
  • Furnished
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

  • Association fees include water and sewer, trash pickup, elevator service, pool service, insurance, security, master antenna/cable TV, telephone service in unit, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Community Indoor Pool

Building Details

  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,670

Year Built

Built in 1986

Lot Details

0

HOA Fees

$598 per month

Listing Details

  • Unit Location: End Unit, Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 598
  • HOA Management Company: Ally- 843-497-3555
  • Living Room Type: Fireplace
  • Lvt Date: 05/22/2020
  • 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
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Spa/Hot Tub
  • 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: Fireplace, Furnished
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 1
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 539

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Condo/Co-op/Association

  • HOA Fee Includes: Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Insurance, Security, Master Antenna/Cable Tv, Telephone Service In Unit, 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: 2010410

Coastal Carolinas Association of REALTORS®

APN: 44314040227