NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 202 The Palace Myrtle Beach, SC 29577

Estimated Value: $124,462 - $147,000

1 Bed
1 Bath
401 Sq Ft
$365/mo HOA Fee

Last Sold October 23, 2018

Last sale price $89,000 $222 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,198/month

60 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Balcony
  • Private Pool
  • Elevator
  • Central Heating and Cooling System

About This Home

As of October 2018

OCEANFRONT WITH FULL KITCHEN AND BALCONY. OWNER WILL FINANCE. GARAGE ATTACHED TO BUILDING; RESTAURANT AND BAR; LARGE POOL DECK; GREAT OCEANFRONT RESORT.

Last Agent to Sell the Property

Robert Schreiber

The Hoffman Group License #25688 Listed on: 06/14/2018

Last Buyer's Agent

Isaac Larrowe

ERA Real Estate Modo License #92422

ERA Real Estate Modo

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 2nd floor
  • Steel Siding

Interior Spaces

  • 1 Full Bathroom
  • 401 Sq Ft Home
  • Furnished
  • Window Treatments

Kitchen

  • Range
  • Dishwasher
  • Disposal

Home Security

Pool

  • Private Pool
  • Spa

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Intermediate School
  • Myrtle Beach High School

Utilities

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

Additional Features

  • Balcony
  • Ocean Front

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

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Indoor Pool

Building Details

  • Security

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,495

Year Built

Built in 1986

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Trash Pickup, Cable Tv, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Wood
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 365
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 06/18/2018
  • Sold Total Heated Sq Ft: 401
  • Sold Total Sq Ft: 451
  • Total Heated Sq Ft: 401
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior, Pool-Indoor Private, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • 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
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range
  • Bedrooms: Efficiency
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 451

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, 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 Intermediate School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: multi

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Intermediate School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Labuck Rhonda La
Bought by
Ocean Breeze 7 Llc
Current Estimated Value
$133,366

Purchase Details

Listed on
Sep 2, 2011
Closed on
Oct 12, 2012
Sold by
Sim Developers
Bought by
Buck Rhonda L A
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Rhonda Buck
Beach One Realty LLC
List Price
$69,900
Sold Price
$63,000
Premium/Discount to List
-$6,900
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
May 26, 2011
Sold by
Broome Diane S
Bought by
Sim Developers

Purchase Details

Closed on
May 21, 2011
Sold by
Broome James A
Bought by
Broome Diane S

Purchase Details

Closed on
Aug 15, 2002
Sold by
Miller Hugo E and Miller Josephine
Bought by
Broome James A and Broome Diane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Miller Jeffrey S
Bought by
Miller Hugo E and Miller Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ocean Breeze 7 Llc $89,000 --
Buck Rhonda L A $63,000 --
Sim Developers $55,000 --
Broome Diane S -- --
Broome James A $56,000 --
Miller Hugo E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broome James A $44,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2018 10/23/18 Sold $89,000 -1.0% $222 / Sq Ft
06/14/2018 06/14/18 For Sale $89,900 +42.7% $224 / Sq Ft
10/11/2012 10/11/12 Sold $63,000 -9.9% $158 / Sq Ft View Prior Sale
09/28/2012 09/28/12 Pending -- -- --
09/02/2011 09/02/11 For Sale $69,900 -- $175 / 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 $1,495 $8,754 $0 $8,754
2023 $1,495 $8,925 $0 $8,925
2021 $1,378 $8,925 $0 $8,925
2020 $943 $6,405 $0 $6,405
2019 $943 $6,405 $0 $6,405
2018 $878 $5,775 $0 $5,775
2017 $868 $5,775 $0 $5,775
2016 -- $5,775 $0 $5,775
2015 $858 $2,200 $0 $2,200
2014 $834 $2,200 $0 $2,200
Source: Public Records

Agents Affiliated with this Home

  • Robert Schreiber

    Seller's Agent in 2018

    Robert Schreiber

    The Hoffman Group

    (843) 450-1309

    107 Total Sales

    Robert Schreiber
    Section Image
  • Isaac Larrowe

    Buyer's Agent in 2018

    Isaac Larrowe

    ERA Real Estate Modo

    (843) 580-6575

    125 Total Sales

    Isaac Larrowe
    Section Image
  • Ryan Korros

    Seller's Agent in 2012

    Ryan Korros

    RE/MAX

    (843) 455-6580

    787 Total Sales

    Ryan Korros
    Section Image

  • R

    Buyer's Agent in 2012

    Rhonda Buck

    Beach One Realty LLC

See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1812985

Coastal Carolinas Association of REALTORS®

APN: 44314040023

South Carolina Horry County Myrtle Beach 29577

1605 S Ocean Blvd Unit 202 The Palace, Myrtle Beach, SC

This home is located at 1605 S Ocean Blvd Unit 202 The Palace, Myrtle Beach, SC 29577 since 14 June 2018 and is currently estimated at $133,366, approximately $332 per square foot. This property was built in 1986. 1605 S Ocean Blvd Unit 202 The Palace is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

Nearby Homes