$117,000
SOLD DEC 27, 2024
-- Bed
1 Bath
341 Sq Ft
$455/mo HOA Fee

Recently Sold

$343 Per Sq Ft

16% Below List Price

98 Days on Market

Highlights

  • Clubhouse
  • Furnished
  • Stainless Steel Appliances
  • Community Indoor Pool
  • Solid Surface Countertops
  • Balcony

About This Home

As of December 2024

Stunning views of the Atlantic coastline as far as the eye can see! By far the best value in The Palace for unobstructed breathtaking views and high-end renovations. This efficiency unit on the 19th floor at The Palace Resort offers tranquility and expansive ocean views to create the perfect getaway. The elegantly renovated kitchen boasts high-end cabinetry, stainless steel appliances, granite countertops and backsplash, a drop-in cooktop, dishwasher, and decorative floor tiles. The bathroom has also been fully renovated with floor-to-ceiling tile, a granite vanity top, and swing glass shower doors on the jetted tub. The Murphy bed is a versatile option, although the current owners preferred a new bed for the space. The reasonable HOA fees cover building insurance and all utilities except for your unit's electricity use. Amenities at The Palace Resort include indoor and outdoor pools, whirlpools, a putting green, fitness room, restaurant, sauna, parking garage, laundry facilities, as well as free internet and cable TV. This condo is perfect for your personal piece of paradise and also highly popular for vacation rentals. Its central location makes it convenient for shopping, a variety of restaurants, and attractions such as Broadway at the Beach, the Hollywood Wax Museum Entertainment Center, Broadway Grand Prix, Market Common, and Myrtle Beach Airport. Escape the world when you lounge in your own condo, regardless of the season, or take your towel and head down to the sandy shores or indoor pools and spa. Enter your unit via the indoor walkway around the atrium and enjoy the convenience of covered parking. Contact us for more information on the great income potential this unit offers and reserve a tour today!

Last Agent to Sell the Property

Eleanor Becker

Keller Williams Oak and Ocean License #121408 Listed on: 08/28/2024

Keller Williams Oak and Ocean

Last Buyer's Agent

Gonca Ender

CENTURY 21 Boling & Associates License #71949

CENTURY 21 Boling & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1986

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

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

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,749

Year Built

Built in 1986

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, 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: Luxury Vinyl Plank/Tile, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 455
  • HOA Management Company: First Residential Property Management. 843-904-700
  • Lvt Date: 08/28/2024
  • Total Heated Sq Ft: 341
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • 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, Vanity
  • Kitchen Type: Dishwasher, Solid Surface Countertops, Microwave, Refrigerator, Range, Stainless Steel Apps.
  • Bedrooms: Efficiency
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 391

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Rec. Facilities, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access, Pest Control

Lot Info

  • Zoning: MU-H

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
Aug 28, 2024
Closed on
Nov 9, 2024
Sold by
Meredith Ellena Stone
Bought by
Techcap Solutions Llc
Seller's Agent
Eleanor Becker
Keller Williams Oak and Ocean
Buyer's Agent
Gonca Ender
CENTURY 21 Boling & Associates
List Price
$139,000
Sold Price
$117,000
Premium/Discount to List
-$22,000
-15.83%
Views
14
Current Estimated Value
$123,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,534
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Nov 9, 2021
Sold by
Avery David
Bought by
Meredith Ellena Stone

Purchase Details

Closed on
Mar 22, 2012
Sold by
Federal National Mortgage Association
Bought by
Avery Michael W

Purchase Details

Closed on
Aug 15, 2011
Sold by
Master In Equity Horry County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2006
Sold by
Lawrence Randy W and Lawrence Kimberly R
Bought by
Kosko Emil M and Kosko Yelena V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 6, 2005
Sold by
Owens Family Enterprises Llc
Bought by
Lawrence Randy W and Lawrence Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Owens Douglas and Owens Janice
Bought by
Owens Family Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Lawrence Randy W
Bought by
Owens Douglas and Owens Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $117,000 --
Warranty Deed $105,655 --
Deed -- --
Deed $30,000 --
Deed $163,000 None Available
Deed $250,000 --
Deed -- --
Deed $120,000 --
Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,400 Fannie Mae Freddie Mac
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $84,000 New Conventional
Closed $0 Assumption
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $117,000 -15.8% $343 / Sq Ft
08/28/2024 08/28/24 For Sale $139,000 -- $408 / 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 $1,749 $8,754 $0 $8,754
2023 $1,749 $6,405 $0 $6,405
2021 $1,613 $6,405 $0 $6,405
2020 $943 $6,405 $0 $6,405
2019 $943 $6,405 $0 $6,405
2018 $878 $5,775 $0 $5,775
2017 $868 $3,300 $0 $3,300
2016 $0 $3,300 $0 $3,300
2015 -- $5,775 $0 $5,775
2014 $834 $3,300 $0 $3,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2420007

Coastal Carolinas Association of REALTORS®

APN: 44314040147