NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 2210 THE PALACE Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $146,602 - $157,000

1 Bed
1 Bath
539 Sq Ft
$683/mo HOA Fee

Last Sold April 05, 2023

Last sale price $150,000 $278 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,674/month

4 Days on Market

Highlights

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

About This Home

As of April 2023

Exceptional opportunity to own an oceanfront unit in Myrtle Beach! The Palace Resort unit located on the 22nd floor. Beautifully updated kitchen, fully furnished condo, wrapped up with a breath-taking ocean view. This beautiful one-bedroom property has amazing views and comes equipped with everything you need. Nestled along the golden sands of the Grand Strand, Palace Resort has so many options, dining and bar, jacuzzi tub on specific floors, steam room, sauna, 2 oceanfront outdoor pools, indoor pools, exercise room and even a putt-putt course for your enjoyment! Surrounded by everything Myrtle Beach has to offer! Schedule your showing Today!

Last Agent to Sell the Property

Debra Chaffin-Allman

EXP Realty LLC License #131994 Listed on: 01/20/2023

EXP Realty LLC

Last Buyer's Agent

Pam Kelly

Realty ONE Group Dockside License #129002

Realty ONE Group Dockside

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 21st floor
  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 539 Sq Ft Home
  • Furnished

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • 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, golf, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, recycling, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, 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: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 683
  • HOA Management Company: Ally Management 846-497-3555
  • Lvt Date: 01/23/2023
  • Total Heated Sq Ft: 539
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Spa/Hot Tub
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: Flr 21 & Above
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Elevator-Interior, Furnished
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Microwave
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Total Sq Ft: 539

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

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

Closed on
Jul 6, 2023
Sold by
Jagos Ray
Bought by
Jagos Ray
Current Estimated Value
$151,151

Purchase Details

Listed on
Jan 20, 2023
Closed on
Apr 4, 2023
Sold by
Zach Michele R
Bought by
Deoki Sandhya Serojnie and Jagos Ray
Seller's Agent
Debra Chaffin-Allman
EXP Realty LLC
Buyer's Agent
Pam Kelly
Realty ONE Group Dockside
List Price
$150,000
Sold Price
$150,000
Views
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
0.28%
Original Mortgage
$112,500
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2021
Sold by
Hyde Samuel C
Bought by
Stoneburner Ronald L and Stoneburner Donna M

Purchase Details

Listed on
May 17, 2013
Closed on
Jun 28, 2013
Sold by
Caporusso Philip J
Bought by
Hyde Samuel C
Seller's Agent
Brendon Payne
Century 21 The Harrelson Group
Buyer's Agent
George Sala
Beach & Forest Realty
List Price
$57,500
Sold Price
$54,000
Premium/Discount to List
-$3,500
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Jagos Ray -- --
Deoki Sandhya Serojnie $150,000 --
Stoneburner Ronald L $114,900 --
Hyde Samuel C $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deoki Sandhya Serojnie $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2023 04/05/23 Sold $150,000 0.0% $278 / Sq Ft
01/20/2023 01/20/23 For Sale $150,000 +177.8% $278 / Sq Ft
06/28/2013 06/28/13 Sold $54,000 -6.1% $120 / Sq Ft View Prior Sale
06/10/2013 06/10/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $57,500 -- $128 / 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 -- $10,050 $0 $10,050
2023 $2,369 $9,975 $0 $9,975
2021 $1,702 $9,975 $0 $9,975
2020 $1,121 $9,975 $0 $9,975
2019 $1,121 $9,975 $0 $9,975
2018 $0 $6,615 $0 $6,615
2017 $0 $3,780 $0 $3,780
2016 $0 $3,780 $0 $3,780
2015 -- $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: 2301395

Coastal Carolinas Association of REALTORS®

APN: 44314040203