$142,000
SOLD NOV 22, 2022

1605 S Ocean Blvd Unit 710 Myrtle Beach, SC 29577

1 Bed
1 Bath
539 Sq Ft
$618/mo HOA Fee

Recently Sold

$263 Per Sq Ft

11% Below List Price

84 Days on Market

Highlights

  • Ocean Front
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Solid Surface Countertops
  • Clubhouse
  • Furnished
  • Community Pool

About This Home

As of November 2022

Back on the market at no fault of the seller! Great opportunity to own your own a true 1BR-1BA oceanview condo. Ceramic tile flooring throughout & granite counter tops in kitchen and bath. Sold fully furnished and with a beautiful ocean view from both the bedroom and living room. A beautiful place to getaway or to use as an investment. The Palace Resort features tons of amenities: oceanfront outdoor pool, indoor pools, whirlpools, putting green, exercise room, sauna, restaurant/lounge, free wireless internet and guest laundry facilities. The Palace is minutes from some of the best of Myrtle Beach such as: Market Commons, the Boardwalk, Broadway at the Beach and the Myrtle Beach Airport. A great ocean front resort with an ocean view a true must see.

Last Agent to Sell the Property

Charles Cages

BHHS Myrtle Beach Real Estate License #121423 Listed on: 08/09/2022

BHHS Myrtle Beach Real Estate

Co-Listed By

Shannon Cages

BHHS Myrtle Beach Real Estate License #123289

Last Buyer's Agent

Charles Cages

BHHS Myrtle Beach Real Estate License #121423 Listed on: 08/09/2022

BHHS Myrtle Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1986

HOA Fees

  • $618 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Tile

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

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

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, master antenna/cable TV, internet access
  • High-Rise Condominium

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 1986

Lot Details

0

HOA Fees

$618 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Tenant Allowed Motorcycle
  • 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: 618
  • HOA Management Company: Ally 8434973555
  • Lvt Date: 08/09/2022
  • Sold Total Heated Sq Ft: 539
  • Sold Total Sq Ft: 539
  • Total Heated Sq Ft: 539
  • Building Style: Hi-Rise 7+ Stories
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 22,000
  • 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: Wind Treat. Convey, Furnished, Enter Through Foyer
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range, Oven, Microwave, Solid Surface Countertops
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 539

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, Master Antenna/Cable Tv, Internet Access

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
Aug 9, 2022
Closed on
Nov 16, 2022
Sold by
Fnr Enterprises Llc
Bought by
Ruiz Eduardo
Seller's Agent
Charles Cages
BHHS Myrtle Beach Real Estate
Buyer's Agent
Charles Cages
BHHS Myrtle Beach Real Estate
List Price
$159,900
Sold Price
$142,000
Premium/Discount to List
-$17,900
-11.19%
Views
25
Current Estimated Value
$154,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,120
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
Nov 23, 2020
Sold by
Howell Gerard A
Bought by
Fnr Enterprises Llc

Purchase Details

Listed on
Mar 10, 2017
Closed on
Aug 15, 2017
Sold by
Townshend Woodrow
Bought by
Howell Gerard A and Howell Barbara A
Seller's Agent
Linda Gross
Linda Gross Properties
Buyer's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
List Price
$79,900
Sold Price
$77,000
Premium/Discount to List
-$2,900
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$57,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2011
Sold by
Deutschebank National Trust Co
Bought by
Townshend Woodrow W

Purchase Details

Closed on
Nov 24, 2010
Sold by
Master In Equity Horry County
Bought by
Deutschebank National Trust Co

Purchase Details

Closed on
Aug 28, 2008
Sold by
Mcgarvey Martin H
Bought by
Oceanfront Rentals Llc

Purchase Details

Closed on
Feb 23, 2006
Sold by
Tripolone Vincent J and Tripolone Janice E
Bought by
Mcgarvey Martin H and Mcgarvey Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 5, 2004
Sold by
Terasaki Yasuo and Terasaki Takako
Bought by
Tripolone Vincent J and Tripolone Janice E
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 $142,000 --
Warranty Deed $48,000 --
Warranty Deed $77,000 --
Deed $50,000 --
Sheriffs Deed -- --
Deed -- --
Deed $170,000 None Available
Deed $76,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,750 New Conventional
Previous Owner $136,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $142,000 -5.3% $263 / Sq Ft
10/25/2022 10/25/22 Price Changed $149,900 -6.3% $278 / Sq Ft
08/09/2022 08/09/22 For Sale $159,900 +107.7% $297 / Sq Ft
08/16/2017 08/16/17 Sold $77,000 -3.6% $143 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $79,900 -- $148 / 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 $8,715 $0 $8,715
2023 $2,538 $8,715 $0 $8,715
2021 $1,346 $8,715 $0 $8,715
2020 $1,335 $9,975 $0 $9,975
2019 $1,335 $9,975 $0 $9,975
2018 $1,197 $7,875 $0 $7,875
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: 2217974

Coastal Carolinas Association of REALTORS®

APN: 44314040150