$200,000
SOLD NOV 7, 2022

1605 S Ocean Blvd Unit 2207 The Palace Myrtle Beach, SC 29577

2 Beds
2 Baths
740 Sq Ft
$824/mo HOA Fee

Recently Sold

$270 Per Sq Ft

20% Below List Price

48 Days on Market

Highlights

  • Clubhouse
  • Community Indoor Pool
  • Balcony
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Breakfast Bar

About This Home

As of November 2022

Spectacular Oceanviews from this south facing 2bdrm unit. From the 22nd floor you can see for miles! Sit on your balcony and watch beautiful sunsets. Also there is a hot tub located on the 22nd floor! Unit is sold fully furnished. The Palace is only minutes away from Myrtle Beach Airport, Market Common, Broadway at the Beach and lots of restaurants and shopping!! The Palace amenities include 2 Outdoor Pools, Indoor pools, indoor and outdoor hot tubs, sauna, arcade, putting green, laundry facilities and a restaurant.

Last Agent to Sell the Property

Jill Powell

Century 21 The Harrelson Group

Century 21 The Harrelson Group

Last Buyer's Agent

Gary Dennis

Fathom Realty SC LLC License #106724

Fathom Realty SC LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,636

Year Built

  • Built in 1986

HOA Fees

  • $824 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding

Interior Spaces

  • 740 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Community Details

Overview

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

Recreation

  • Community Indoor Pool

Additional Features

  • Clubhouse
  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,636

Year Built

Built in 1986

Lot Details

0

HOA Fees

$824 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 824
  • HOA Management Company: Ally Management 843-497-3555
  • Lvt Date: 08/31/2022
  • Sold Total Heated Sq Ft: 740
  • Sold Total Sq Ft: 850
  • Total Heated Sq Ft: 740
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Which Floor: Flr 21 & Above
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Furnished
  • Primary Bathroom: Tub, Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 850

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

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, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access, Pest Control

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
Aug 31, 2022
Closed on
Nov 5, 2022
Sold by
Walker Corey J
Bought by
Morgan Ashley
Seller's Agent
Jill Powell
Century 21 The Harrelson Group
Buyer's Agent
Gary Dennis
Fathom Realty SC LLC
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%
Total Days on Market
48
Views
120
Current Estimated Value
$221,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,853

Purchase Details

Closed on
Aug 22, 2022
Sold by
Walker James
Bought by
Walker Corey J and Walker Dustin A

Purchase Details

Closed on
May 4, 2018
Sold by
Drc Fam Investment Llc
Bought by
James Walker and Walker Jayla M

Purchase Details

Closed on
Mar 15, 2013
Sold by
Walker James
Bought by
Drc Family Investment Llc

Purchase Details

Listed on
Mar 30, 2012
Closed on
Jun 19, 2012
Sold by
Schemansky Gregory
Bought by
Walker James
Seller's Agent
Thomas Hale
RE/MAX Executive
Buyer's Agent
Tami Tuton
Ocean Front Guru Real Estate
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Map

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 Type Sale Price Title Company
Warranty Deed $200,000 --
Warranty Deed -- --
Warranty Deed -- --
Deed -- --
Deed $95,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $200,000 -11.1% $270 / Sq Ft
10/13/2022 10/13/22 Price Changed $224,900 -6.3% $304 / Sq Ft
09/27/2022 09/27/22 Price Changed $239,900 -4.0% $324 / Sq Ft
08/31/2022 08/31/22 For Sale $249,900 +163.1% $338 / Sq Ft
06/22/2012 06/22/12 Sold $95,000 -5.0% $105 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $100,000 -- $111 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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 $3,636 $14,805 $0 $14,805
2023 $3,636 $14,805 $0 $14,805
2021 $519 $14,805 $0 $14,805
2020 $290 $14,805 $0 $14,805
2019 $2,180 $14,805 $0 $14,805
2018 $1,452 $9,555 $0 $9,555
2017 $1,436 $5,460 $0 $5,460
2016 -- $5,460 $0 $5,460
2015 $1,420 $9,555 $0 $9,555
2014 $1,380 $5,460 $0 $5,460
Source: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2219770

Coastal Carolinas Association of REALTORS®

APN: 44314040241