$70,000
SOLD JUN 29, 2012

1605 S Ocean Blvd Unit 510 The Palace Myrtle Beach, SC 29577

1 Bed
1 Bath
501 Sq Ft
$449/mo HOA Fee

Recently Sold

$140 Per Sq Ft

3% Below List Price

99 Days on Market

Highlights

  • Private Pool
  • Furnished
  • Elevator
  • Clubhouse
  • Lawn
  • Balcony

About This Home

As of September 2022

Close your eyes and imagine your ideal perfect 1 bedroom ocean-view unit. Would it have tile throughout, new drapes, a new mattress, flat panel TV, newer appliances, perhaps new furniture, and an amazing ocean view? This unit has all that with a host of fantastic amenities. The Palace Resort features a large, oceanfront outdoor pool, indoor and outdoor whirlpools, putting green, exercise room, sauna, restaurant, lounge, free wireless internet, guest laundry facilities on every other floor, and attached parking garage. Make this dream a reality for the summer! OWNER FINANCING IS AVAILABLE!

Last Agent to Sell the Property

Ryan Korros

RE/MAX Southern Shores License #44100 Listed on: 02/21/2012

RE/MAX Southern Shores

Last Buyer's Agent

Bruce Brown

RE/MAX Southern Shores GC License #62353

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1986

HOA Fees

  • $449 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 501 Sq Ft Home
  • Furnished
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full 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

  • Community Pool

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 1986

Lot Details

0

HOA Fees

$449 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance
  • 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: 449
  • HOA Management Company: Premier Mgmt. 357-4515
  • Sold Total Heated Sq Ft: 501
  • Sold Total Sq Ft: 551
  • Total Heated Sq Ft: 501
  • 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, Elevator-Exterior, Insulated Doors/Windows, Pool-Indoor Private, Spa/Hot Tub, Storm Doors, Storm Windows
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 551

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
Mar 22, 2022
Closed on
Aug 24, 2022
Sold by
Whitaker Linda L
Bought by
Sadhwani Deepti and Subnani Kishore
Seller's Agent
Gregory Harrelson
Century 21 The Harrelson Group
Buyer's Agent
Mita Olaso
BHGRE Paracle Myrtle Beach
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$156,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,823
Avg. Annual Appreciation
2.54%

Purchase Details

Listed on
Feb 21, 2012
Closed on
Jun 29, 2012
Sold by
Signorelli John A
Bought by
Whitaker Darell S
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Bruce Brown
RE/MAX Southern Shores GC
List Price
$72,150
Sold Price
$70,000
Premium/Discount to List
-$2,150
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
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 Type Sale Price Title Company
Warranty Deed $150,000 --
Deed $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $150,000 -3.2% $273 / Sq Ft
07/01/2022 07/01/22 Price Changed $155,000 -6.0% $282 / Sq Ft
06/09/2022 06/09/22 Price Changed $164,900 -2.9% $300 / Sq Ft
05/13/2022 05/13/22 Price Changed $169,900 -2.9% $309 / Sq Ft
03/22/2022 03/22/22 For Sale $175,000 +150.0% $318 / Sq Ft
06/29/2012 06/29/12 Sold $70,000 -3.0% $140 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $72,150 -- $144 / 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 $2,538 $9,975 $0 $9,975
2023 $2,538 $9,975 $0 $9,975
2021 $1,175 $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: 1203126

Coastal Carolinas Association of REALTORS®

APN: 44314040237