NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 607 THE PALACE Myrtle Beach, SC 29577

Estimated Value: $218,000 - $238,000

2 Beds
2 Baths
740 Sq Ft
$911/mo HOA Fee

Last Sold July 07, 2023

Last sale price $230,000 $311 Per Sq Ft

Current estimated payment $2,498/month

101 Days on Market

Highlights

  • Clubhouse
  • Furnished
  • Central Heating and Cooling System
  • Community Indoor Pool
  • Balcony
  • Combination Dining and Living Room

About This Home

As of July 2023

Immaculate furnished 2 bedroom unit with unobstructed south facing views of the ocean and beach. New vanity in master bath and a new garbage disposal. Short term rentals are allowed however this unit has been a primary home for over 10 years. Tile floors throughout. 2 balconies to take in the spectacular views of the warm sands and amazing Atlantic Ocean. Onsite amenities include indoor and outdoor whirlpools, large oceanfront outdoor pool, putting green, exercise room, attached parking garage and laundry facilities. Put this on your must see list today.

Last Listed By

Jill Powell

Century 21 The Harrelson Group Listed on: 01/30/2023

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $911 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • 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

Amenities

  • Clubhouse

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,801

Year Built

Built in 1986

Lot Details

0

HOA Fees

$911 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, 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: 911
  • HOA Management Company: Ally Mgmt 843-497-3555
  • Lvt Date: 01/30/2023
  • Sold Total Heated Sq Ft: 740
  • Sold Total Sq Ft: 800
  • 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: 06
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Furnished
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Oven, Microwave
  • Bedrooms: 2
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 800

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, 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
Jan 30, 2023
Closed on
Jul 7, 2023
Sold by
Meyer Teresa M
Bought by
Pierce Gerald and Pierce Maureen
Seller's Agent
Jill Powell
Century 21 The Harrelson Group
Buyer's Agent
Brendan D'Anna
Palmetto Coastal Homes
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Total Days on Market
101
Views
268
Current Estimated Value
$229,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$975
Avg. Annual Appreciation
-0.23%
Original Mortgage
$130,000
Outstanding Balance
$89,354
Interest Rate
6.71%
Mortgage Type
Mortgage Modification
Estimated Equity
$139,671

Purchase Details

Closed on
Jul 29, 2011
Sold by
Kelly Daniel J
Bought by
Meyer Teresa M

Purchase Details

Closed on
May 6, 2003
Sold by
Papa Gheorgha and Papa Paraschiva
Bought by
Kelly Daniel J and Kelly Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Pierce Gerald $230,000 --
Meyer Teresa M $100,000 --
Kelly Daniel J $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Gerald $130,000
Previous Owner Kelly Daniel J $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $230,000 -2.1% $311 / Sq Ft
04/24/2023 04/24/23 Price Changed $234,900 -2.1% $317 / Sq Ft
03/27/2023 03/27/23 Price Changed $239,900 -4.0% $324 / Sq Ft
01/30/2023 01/30/23 For Sale $249,900 -- $338 / 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 $14,805 $0 $14,805
2023 $3,801 $14,805 $0 $14,805
2021 $202 $14,805 $0 $14,805
2020 $175 $14,805 $0 $14,805
2019 $168 $14,805 $0 $14,805
2018 $129 $9,555 $0 $9,555
2017 -- $5,460 $0 $5,460
2016 -- $5,460 $0 $5,460
2015 $124 $9,555 $0 $9,555
2014 $112 $5,460 $0 $5,460
Source: Public Records

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2301856

Coastal Carolinas Association of REALTORS®

APN: 44314040195