NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 701 The Palace Myrtle Beach, SC 29577

Estimated Value: $131,239 - $156,000

1 Bed
1 Bath
425 Sq Ft
$433/mo HOA Fee

Last Sold November 18, 2022

Last sale price $145,000 $341 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,388/month

13 Days on Market

Highlights

  • Ocean Front
  • Solid Surface Countertops
  • Stainless Steel Appliances
  • Furnished
  • Community Pool
  • Balcony

About This Home

As of November 2022

This unit is an ocean front condo with beautiful oceans views from The Palace located along the Grand Strand Beach. The Unit has been fully renovated in 2019, with new vinyl plank flooring throughout, new cabinets, new quartz countertops, new appliances, and updated dated bath with new shower with beautiful sliding glass doors, tiling, cabinets and quartz countertops. The efficiency has been opened up and can sleep 4 people comfortably. Don't you want to Live in a Palace?

Last Agent to Sell the Property

Margot Layland

Legends Real Estate License #115088 Listed on: 10/04/2022

Last Buyer's Agent

Pam Kelly

Realty ONE Group Dockside License #129002

Realty ONE Group Dockside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 425 Sq Ft Home
  • Furnished
  • Family or Dining Combination
  • Luxury Vinyl Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Single Vanity
  • Shower Only

Home Security

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Intermediate School
  • Myrtle Beach High School

Utilities

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

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,228

Year Built

Built in 1986

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Cable Tv, Internet 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: 433
  • HOA Management Company: Ally Management 843.497.3555
  • Lvt Date: 10/04/2022
  • Sold Total Heated Sq Ft: 425
  • Sold Total Sq Ft: 475
  • Total Heated Sq Ft: 425
  • 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: 07
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Fire Sprinkler, Smoke Detector, Furnished, Enter Through Foyer
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Oven, Freezer, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: Efficiency
  • Dining Room Type: Fam/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 475

Exterior Features

  • Exterior Finish: Stucco
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Private Grg

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, 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, Internet Access, Pest Control

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Intermediate 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 Intermediate School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
Mar 12, 2019
Sold by
Baws1 Llc
Bought by
Diangi Paulette
Seller's Agent
Darren Woodard Team
INNOVATE Real Estate
Buyer's Agent
Jason Potter
Grand Strand Coastal Realty
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$138,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,060
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Baws1 Llc

Purchase Details

Closed on
Jun 16, 2011
Sold by
Master In Equity Horry County
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 18, 2005
Sold by
Johnston Michael Z
Bought by
Kosko Emil M and Kosko Yelena V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Diangi Paulette $70,000 --
Baws1 Llc -- --
Federal National Mortgage Association $117,605 --
Kosko Emil M $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jagos Ray $115,000
Previous Owner Kosko Emil M $128,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $145,000 -3.0% $341 / Sq Ft
10/04/2022 10/04/22 For Sale $149,500 +113.6% $352 / Sq Ft
03/12/2019 03/12/19 Sold $70,000 0.0% $165 / Sq Ft
01/30/2019 01/30/19 For Sale $70,000 -- $165 / 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 $2,228 $7,497 $0 $7,497
2023 $2,228 $7,497 $0 $7,497
2021 $1,156 $7,497 $0 $7,497
2020 $1,103 $7,497 $0 $7,497
2019 $943 $6,405 $0 $6,405
2018 $878 $5,775 $0 $5,775
2017 $868 $3,300 $0 $3,300
2016 -- $3,300 $0 $3,300
2015 $858 $5,775 $0 $5,775
2014 $834 $3,300 $0 $3,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2222078

Coastal Carolinas Association of REALTORS®

APN: 44314040221