$78,500
SOLD MAY 16, 2019

1605 S Ocean Blvd Unit 211 Myrtle Beach, SC 29577

1 Bed
1 Bath
551 Sq Ft
$548/mo HOA Fee

Recently Sold

$142 Per Sq Ft

12% Below List Price

231 Days on Market

Highlights

  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Lawn
  • Clubhouse
  • Furnished
  • Tennis Courts

About This Home

As of March 2023

Welcome to this fully furnished 1 bedroom, 1 bathroom condo in The Palace resort. This unit includes a full kitchen with large breakfast bar, and a very spacious living room with a door to the balcony and beautifully coordinated furnishings throughout. The master bedroom also includes access to your balcony with a view of the ocean and the outdoor pool area. The Palace resort offers the best amenities, including an indoor and outdoor pool, several hot tubs, an exercise room, lounge area, an onsite bar and grill, and more! Conveniently located near all of Myrtle Beach's finest dining, shopping, golf, and entertainment attractions and just a few steps downstairs to the beach! Whether you are looking for an investment opportunity or a vacation getaway, you won't want to miss this! Schedule your showing today!

Last Agent to Sell the Property

Kevin Mills

Century 21 Barefoot Realty License #90799 Listed on: 08/06/2018

Century 21 Barefoot Realty

Last Buyer's Agent

Meghan Sansouci

CB Sea Coast Advantage MI License #92476

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1986

HOA Fees

  • $548 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 551 Sq Ft Home
  • Furnished
  • Window Treatments
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • 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, telephone service in unit, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Indoor Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,559

Year Built

Built in 1986

Lot Details

0

HOA Fees

$548 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Tennis Court, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, 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, Electric
  • Monthly HOA as Calculated: 548
  • HOA Management Company: Ally Mgmt 843-497-3555
  • Lvt Date: 08/06/2018
  • Sold Total Heated Sq Ft: 551
  • Sold Total Sq Ft: 601
  • Total Heated Sq Ft: 551
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, 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
  • 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, Elevator-Interior, Smoke Detector, Furnished, Enter Through Foyer
  • Other Rooms: Foyer
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Oven, Refrigerator, Range Hood, Range
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 601

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, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Telephone Service In Unit, Internet Access

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
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
$151,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,328
Avg. Annual Appreciation
7.79%
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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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 $130,000 --
Warranty Deed $78,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $97,500 Mortgage Modification
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: 1816462

Coastal Carolinas Association of REALTORS®

APN: 44314040065