NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 1902 The Palace Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $122,775 - $129,000

1 Bed
1 Bath
386 Sq Ft
$455/mo HOA Fee

Last Sold March 19, 2024

Last sale price $133,500 $346 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,277/month

9 Days on Market

Highlights

  • Ocean Front
  • Community Indoor Pool
  • Balcony
  • Clubhouse
  • Furnished
  • Luxury Vinyl Tile Flooring

About This Home

As of March 2024

The perfect OCEANFRONT efficiency condo in the heart of Myrtle Beach! Beautifully updated in 2023 with beachy furniture & decor, light & bright wall paint, plank flooring, modern light fixtures, new bathroom vanity, new window treatments & linens, new wall art and the finishing touches to make Unit 1902 @ The Palace an IMPRESSIVE OCEANFRONT CONDO! Enjoy spectacular sunrise views from every angle! A PRIVATE BALCONY offers long distance views of the coast, and windows above the bed overlook the ocean and provide tons of natural light and views for miles! A small, but well equipped kitchen has plenty of cabinet and countertop space, full size refrigerator, range, microwave and a peninsula. LOW HOA DUES make owning an oceanfront condo comfortable without sacrificing best in class amenities.The fun doesn’t stop on the beach or with low HOA dues either - The Palace boasts indoor and outdoor pools, hot tubs, mini pools, a mini putting green, a fitness center with newer exercise equipment and so much more! Load, unload and park easily with the ATTACHED PARKING GARAGE! Unit 1902 @ The Palace is an excellent choice for owning a short term rental and is the perfect getaway for owners and guests!

Last Agent to Sell the Property

Mary Ibbetson

eXp Realty LLC License #93872 Listed on: 02/11/2024

eXp Realty LLC

Last Buyer's Agent

Linda Phillips

Phillips Realty License #22899

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 0.9

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 19th floor
  • Steel Siding
  • Tile

Interior Spaces

  • 386 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Additional Features

  • Balcony
  • Ocean Front
  • Central Heating and Cooling System

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 455
  • HOA Management Company: First Service Residential 843-904-7001
  • Lvt Date: 02/11/2024
  • Total Heated Sq Ft: 386
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 19
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Furnished, Enter Through Foyer
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Refrigerator, Range, Microwave
  • Bedrooms: Efficiency
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 410

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Utilities Available: Electricity

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, 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
Feb 11, 2024
Closed on
Mar 20, 2024
Sold by
Kabbeko Mark
Bought by
Buckeye And Beach Llc
Seller's Agent
Mary Ibbetson
eXp Realty LLC
Buyer's Agent
Linda Phillips
Phillips Realty
List Price
$138,900
Sold Price
$133,500
Premium/Discount to List
-$5,400
-3.89%
Views
27
Current Estimated Value
$126,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,306
Avg. Annual Appreciation
-3.15%

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 15, 2023
Sold by
Harrison Paul Daniel
Bought by
Kabbeko Mark and Kabbeko Sherri
Seller's Agent
The Integrity Team
Century 21 The Harrelson Group
Buyer's Agent
Mary Ibbetson
eXp Realty LLC
List Price
$135,000
Sold Price
$135,000
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.21%

Purchase Details

Listed on
Mar 17, 2023
Closed on
Mar 10, 2023
Sold by
Harrison Paul Daniel
Bought by
Harrison Paul Daniel
Seller's Agent
The Integrity Team
Century 21 The Harrelson Group
Buyer's Agent
Mary Ibbetson
eXp Realty LLC
List Price
$135,000
Sold Price
$135,000
Views
125

Purchase Details

Listed on
Oct 27, 2013
Closed on
Aug 13, 2014
Sold by
King Joyce G
Bought by
Watson Harrison Paul Daniel and Watson Harrison Jennifer
Seller's Agent
Cynthia Stanley
Sea Oats Real Estate
Buyer's Agent
Tony Moreland
Sloan Realty Group
List Price
$68,200
Sold Price
$63,000
Premium/Discount to List
-$5,200
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Jul 7, 2008
Sold by
King Joyce G
Bought by
King Joyce G

Purchase Details

Closed on
Dec 29, 2006
Sold by
Donohue Brian Edward and Donohue Bernard J
Bought by
King Wayne Russell and King Joyce G
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
Buckeye And Beach Llc $133,500 --
Kabbeko Mark $135,000 --
Harrison Paul Daniel -- --
Watson Harrison Paul Daniel $63,000 --
King Joyce G -- --
King Joyce G -- --
King Wayne Russell $127,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2024 03/19/24 Sold $133,500 -3.9% $346 / Sq Ft
02/11/2024 02/11/24 For Sale $138,900 +2.9% $360 / Sq Ft
04/17/2023 04/17/23 Sold $135,000 0.0% $350 / Sq Ft View Prior Sale
03/17/2023 03/17/23 For Sale $135,000 +114.3% $350 / Sq Ft
08/13/2014 08/13/14 Sold $63,000 -7.6% $148 / Sq Ft View Prior Sale
07/03/2014 07/03/14 Pending -- -- --
10/27/2013 10/27/13 For Sale $68,200 -- $160 / 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 $1,910 $8,754 $0 $8,754
2023 $2,228 $6,405 $0 $6,405
2021 $989 $6,405 $0 $6,405
2020 $943 $6,405 $0 $6,405
2019 $943 $6,405 $0 $6,405
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

  • Mary Ibbetson

    Seller's Agent in 2024

    Mary Ibbetson

    eXp Realty LLC

    (843) 900-7653

    41 in this area

    114 Total Sales

    Mary Ibbetson
    Section Image
  • Linda Phillips

    Buyer's Agent in 2024

    Linda Phillips

    Phillips Realty

    (843) 997-1613

    3 in this area

    62 Total Sales

    Linda Phillips
    Section Image

  • T

    Seller's Agent in 2023

    The Integrity Team

    Century 21 The Harrelson Group

    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Alexandra Malysheva

    Realty ONE Group Dockside

    (843) 315-5522

    2 in this area

    9 Total Sales

    Alexandra Malysheva
    Section Image
  • Cynthia Stanley

    Seller's Agent in 2014

    Cynthia Stanley

    Sea Oats Real Estate

    (843) 222-2687

    1 in this area

    148 Total Sales

    Cynthia Stanley
    Section Image

  • T

    Buyer's Agent in 2014

    Tony Moreland

    Sloan Realty Group

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2403538

Coastal Carolinas Association of REALTORS®

APN: 44314040297

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

1605 S Ocean Blvd Unit 1902 The Palace, Myrtle Beach, SC

Not Listed for Sale

Condos

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