NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 513 Myrtle Beach, SC 29577

Estimated Value: $223,000 - $233,107

2 Beds
2 Baths
785 Sq Ft
$851/mo HOA Fee

Last Sold May 24, 2023

Last sale price $230,000 $293 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,407/month

147 Days on Market

Highlights

  • Private Beach
  • Community Indoor Pool
  • Lawn
  • Clubhouse
  • Furnished
  • Balcony

About This Home

As of May 2023

A MUST SEE totally renovated spacious 2 bedroom, 2 bath with a great layout! Current owners poured their heart, blood, sweat and tears into this unit with the intention of using it themselves. Unfortunately for them due to circumstances they have to let it go, but very fortunate for the next owner. All popcorn ceilings removed, fresh paint, new wood flooring, newer appliances, cabinets redone, and a glass tile backsplash added, granite countertop. Furnishings updated, as well as the bathrooms with disabled safety bars added. Don't miss the glide down TV (controlled remotely) in the master bedroom for convenience, fireplace and much more. The balcony has also been repainted and faces the southern view of the ocean with gorgeous sunsets, accessible from living area and master bedroom. The Palace resort features an abundance of amenities including outdoor pool, indoor pool, whirlpools, sauna, exercise room, putting green, restaurant/lounge. Minutes from Market Commons, Boardwalk, Broadway at the Beach and Myrtle Beach Airport. Great opportunity for vacation home, rental or primary residence on the beach! Parking garage

Last Agent to Sell the Property

Diana Van Pelt

Realty ONE Group Dockside License #106080 Listed on: 12/16/2022

Realty ONE Group Dockside

Last Buyer's Agent

Blake Sloan

Sloan Realty Group License #26733

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • Private Beach
  • Lawn

HOA Fees

  • $851 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding

Interior Spaces

  • 785 Sq Ft Home
  • Furnished
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring

Kitchen

  • Breakfast Bar
  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Carpet
  • Balcony

Listing and Financial Details

  • Home warranty included in the sale of the property

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, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$851 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Pool-Indoor Community, Private Beach Comm Access
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 851
  • HOA Management Company: Ally 843-497-3555
  • Home Warranty: Yes
  • Living Room Type: Fireplace
  • Lvt Date: 12/18/2022
  • Provider Company: American Home Shield
  • Sold Total Heated Sq Ft: 785
  • Sold Total Sq Ft: 816
  • Total Heated Sq Ft: 785
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony
  • 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: Elevator-Interior, Fireplace, Split Bedroom Plan, Smoke Detector, Furnished
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Work Island, Breakfast Bar, Oven, Freezer, Microwave, Range Hood
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Total Sq Ft: 816

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

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
Dec 16, 2022
Closed on
May 24, 2023
Sold by
Maroon Oyster Property Holdings Llc
Bought by
Lutz Terry and Lutz Gregory
Seller's Agent
Diana Van Pelt
Realty ONE Group Dockside
Buyer's Agent
Blake Sloan
Sloan Realty Group
List Price
$265,000
Sold Price
$230,000
Premium/Discount to List
-$35,000
-13.21%
Views
234
Current Estimated Value
$228,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,473
Avg. Annual Appreciation
0.63%

Purchase Details

Closed on
Jan 23, 2023
Sold by
Feis Julien
Bought by
Maroon Oyster Property Holdings Llc

Purchase Details

Listed on
Feb 8, 2022
Closed on
Aug 31, 2022
Sold by
Macdougall William E
Bought by
Feis Julien and Feis Lisa Gustafson
Seller's Agent
Bob Schreiber
The Hoffman Group
Buyer's Agent
Thomas Grainger
Keller Williams Innovate South
List Price
$174,900
Sold Price
$190,900
Premium/Discount to List
$16,000
9.15%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$143,175
Interest Rate
4.99%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
Oct 19, 2017
Closed on
Nov 9, 2017
Sold by
Macdougall Anne Marie
Bought by
Anthony Darden
Seller's Agent
Deborah Morris
RE/MAX Southern Shores GC
Buyer's Agent
Isaac Larrowe
ERA Real Estate Modo
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$129,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2013
Sold by
Kabot Edwin M
Bought by
Macdougall William E

Purchase Details

Closed on
Apr 22, 2004
Sold by
Keck Frank X and Keck Jacqulin J
Bought by
Kabot Edwin M and Kabot Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Flynn Lenard J
Bought by
Keck Frank X and Jacqu Line Keck J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lutz Terry $230,000 --
Maroon Oyster Property Holdings Llc -- --
Feis Julien $190,900 --
Anthony Darden $139,000 --
Macdougall William E $109,000 --
Macdougall William E $109,000 --
Kabot Edwin M $137,000 --
Keck Frank X $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feis Julien $143,175
Previous Owner Anthony Darden $129,000
Previous Owner Kabot Edwin M $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $230,000 -8.0% $293 / Sq Ft
05/03/2023 05/03/23 Price Changed $249,900 -3.9% $318 / Sq Ft
04/27/2023 04/27/23 Price Changed $259,999 0.0% $331 / Sq Ft
01/09/2023 01/09/23 Price Changed $260,000 -1.9% $331 / Sq Ft
12/16/2022 12/16/22 For Sale $265,000 +38.8% $338 / Sq Ft
09/02/2022 09/02/22 Sold $190,900 0.0% $244 / Sq Ft
06/13/2022 06/13/22 Price Changed $190,900 -2.6% $244 / Sq Ft
03/22/2022 03/22/22 Price Changed $195,900 +12.0% $251 / Sq Ft
02/08/2022 02/08/22 For Sale $174,900 +25.8% $224 / Sq Ft
11/09/2017 11/09/17 Sold $139,000 -0.6% $178 / Sq Ft
10/19/2017 10/19/17 For Sale $139,900 -- $179 / 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 -- $14,805 $0 $14,805
2023 $3,524 $14,805 $0 $14,805
2021 $2,237 $14,805 $0 $14,805
2020 $2,134 $14,805 $0 $14,805
2019 $2,134 $14,805 $0 $14,805
2018 $1,915 $12,600 $0 $12,600
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: 2226777

Coastal Carolinas Association of REALTORS®

APN: 44314040199