NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 2214 Myrtle Beach, SC 29577

Estimated Value: $205,000 - $235,201

2 Beds
2 Baths
750 Sq Ft
$797/mo HOA Fee

Last Sold April 17, 2020

Last sale price $136,000 $181 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,350/month

61 Days on Market

Highlights

  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Linen Closet
  • End Unit
  • Balcony
  • Combination Dining and Living Room

About This Home

As of April 2020

Come enjoy this angle oceanfront 2 bedroom, 2 bath unit with 2 private balconies!! Located on the 22nd floor with a completely unobstructed view! It's located on the North side of the building, meaning you get the PERFECT sunrise over the ocean. The master bedroom features a queen bed, with private bathroom. The master bathroom has been recently remodeled with beautiful tile work and a shower/tub combo. The second bedroom features a queen bed with a private balcony overlooking the city. Not an early bird? This means you can also enjoy a sunset over the city with incredible views from the rear balcony. The guest bathroom has been remodeled and has a stand-up shower. Indoor hot tubs are located on the 22nd floor as well! This is a great unit that has proven to be a solid investment with great rental history.

Last Agent to Sell the Property

Isaac Larrowe

ERA Real Estate Modo License #92422 Listed on: 01/09/2020

ERA Real Estate Modo

Last Buyer's Agent

Lisa Kosis Bloch

Grand Strand Homes & Land License #60920

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $797 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 750 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

Schools

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

Utilities

  • Geothermal Heating and Cooling
  • Water Heater

Additional Features

  • Balcony
  • End Unit

Community Details

Overview

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

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,801

Year Built

Built in 1986

Lot Details

0

HOA Fees

$797 per month

Listing Details

  • Unit Location: End Unit, Oceanview-Unit
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Laminate, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Geothermal
  • Monthly HOA as Calculated: 797
  • HOA Management Company: Ally Management 843-497-3555
  • Lvt Date: 01/11/2020
  • Sold Total Heated Sq Ft: 750
  • Sold Total Sq Ft: 800
  • Total Heated Sq Ft: 750
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: $30,595 (2019)
  • HOA Fees include insurance: Yes
  • 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: Fire Sprinkler, Smoke Detector, Furnished
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range, Oven, Freezer, Microwave
  • Master Bedroom Type: Linen Closet
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Total Sq Ft: 800

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Security, 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
Jan 9, 2020
Closed on
Apr 17, 2020
Sold by
Cromer Jeffrey T
Bought by
Melmak Properties Llc
Seller's Agent
Isaac Larrowe
ERA Real Estate Modo
Buyer's Agent
Lisa Kosis Bloch
Grand Strand Homes & Land
List Price
$149,900
Sold Price
$136,000
Premium/Discount to List
-$13,900
-9.27%
Current Estimated Value
$223,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,800
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
May 20, 2004
Sold by
Mastronardi James P
Bought by
Cromer Jeffrey T and Cromer Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,910
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2000
Sold by
Landis Bette C
Bought by
Mastronardi James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Melmak Properties Llc $136,000 --
Cromer Jeffrey T $149,900 --
Mastronardi James P $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cromer Jeffrey T $135,000
Previous Owner Cromer Jeffrey T $85,500
Previous Owner Cromer Jeffrey T $134,910
Previous Owner Mastronardi James P $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $136,000 -9.3% $181 / Sq Ft
01/09/2020 01/09/20 For Sale $149,900 -- $200 / 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 $3,801 $14,070 $0 $14,070
2023 $3,801 $14,070 $0 $14,070
2021 $2,172 $14,070 $0 $14,070
2020 $1,618 $14,805 $0 $14,805
2019 $1,618 $14,805 $0 $14,805
2018 $0 $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

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2000777

Coastal Carolinas Association of REALTORS®

APN: 44314040242