NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 211 Myrtle Beach, SC 29577

Estimated Value: $150,593 - $156,000

1 Bed
1 Bath
539 Sq Ft
$618/mo HOA Fee

Last Sold March 10, 2023

Last sale price $130,000 $241 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,645/month

223 Days on Market

Highlights

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

About This Home

As of March 2023

Newly remodeled 1BR/1BA with ocean views at The Palace Resort! Sold unfurnished, a clean slate to decorate this unit your way! Granite kitchen & bathroom countertops, vinyl plank flooring, stainless steel appliances & beautiful white cabinets. Great Beach Get-Away and/or Investment Property! The Palace Resort features a host of amenities: large oceanfront outdoor pool, indoor pools, whirlpools, putting green, exercise room, sauna, restaurant/lounge, free wireless internet, guest laundry facilities, attached parking garage. The Palace is minutes from Market Commons, the Boardwalk, Broadway at the Beach and the Myrtle Beach Airport. No owner financing.

Last Agent to Sell the Property

Ryan Korros

RE/MAX Southern Shores Listed on: 06/29/2022

RE/MAX Southern Shores

Last Buyer's Agent

Kimberly Middleton

INNOVATE Real Estate License #108593

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $618 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding

Interior Spaces

  • 539 Sq Ft Home
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Lawn

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,559

Year Built

Built in 1986

Lot Details

0

HOA Fees

$618 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 618
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 06/30/2022
  • Sold Total Heated Sq Ft: 539
  • Sold Total Sq Ft: 564
  • Total Heated Sq Ft: 539
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 564

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, Water Public

Condo/Co-op/Association

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

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Mar 10, 2023
Sold by
Halloran James P
Bought by
Peace Of Mind At The Palace Llp
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Kimberly Middleton
INNOVATE Real Estate
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%
Views
58
Current Estimated Value
$153,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,398
Avg. Annual Appreciation
8.21%
Original Mortgage
$97,500
Outstanding Balance
$60,454
Interest Rate
6.12%
Mortgage Type
Mortgage Modification
Estimated Equity
$95,184

Purchase Details

Listed on
Aug 6, 2018
Closed on
May 16, 2019
Sold by
Cummings Jerry D
Bought by
Halloran James P and Halloran Hawley M
Seller's Agent
Kevin Mills
Century 21 Barefoot Realty
Buyer's Agent
Meghan Sansouci
CB Sea Coast Advantage MI
List Price
$89,000
Sold Price
$78,500
Premium/Discount to List
-$10,500
-11.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%
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 Buyer Sale Price Title Company
Peace Of Mind At The Palace Llp $130,000 --
Halloran James P $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peace Of Mind At The Palace Llp $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $130,000 -7.1% $241 / Sq Ft
01/31/2023 01/31/23 Price Changed $139,900 -3.5% $260 / Sq Ft
09/20/2022 09/20/22 Price Changed $145,000 -12.1% $269 / Sq Ft
08/04/2022 08/04/22 Price Changed $165,000 -5.7% $306 / Sq Ft
06/29/2022 06/29/22 For Sale $175,000 +122.9% $325 / Sq Ft
05/16/2019 05/16/19 Sold $78,500 -1.8% $142 / Sq Ft
02/26/2019 02/26/19 Price Changed $79,900 -6.0% $145 / Sq Ft
09/06/2018 09/06/18 Price Changed $85,000 -4.5% $154 / Sq Ft
08/06/2018 08/06/18 For Sale $89,000 -- $162 / 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 $2,559 $9,975 $0 $9,975
2023 $2,559 $9,975 $0 $9,975
2021 $1,540 $9,975 $0 $9,975
2020 $1,469 $9,975 $0 $9,975
2019 $1,121 $9,975 $0 $9,975
2018 $1,005 $6,615 $0 $6,615
2017 $994 $3,780 $0 $3,780
2016 -- $3,780 $0 $3,780
2015 $983 $6,615 $0 $6,615
2014 $956 $3,780 $0 $3,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2214740

Coastal Carolinas Association of REALTORS®

APN: 44314040065