NOT LISTED FOR SALE

1605 S Ocean Blvd Unit Palace Unit 1808 Myrtle Beach, SC 29577

Estimated Value: $220,000 - $256,000

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

Last Sold September 11, 2023

Last sale price $261,000 $353 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,553/month

34 Days on Market

Highlights

  • Primary bedroom faces the ocean
  • Main Floor Bedroom
  • Furnished
  • Clubhouse
  • Community Indoor Pool
  • Lawn

About This Home

As of September 2023

18th Floor Fully-Renovated and Beautifully-Furnished 2 bed/2ba with beautiful ocean views! NEW HVAC in 2023 and Great rental history! The Palace Resort offers: 2 Oceanfront Pools, Indoor and Outdoor Whirlpools, Putting Green, Exercise Room, Sauna, Steam Room, Arcade and 2 restaurants on-site. Located in the heart of Myrtle Beach, this resort is just minutes to everything Myrtle Beach has to offer including: Myrtle Beach International Airport, Broadway At The Beach, The Market Common, Coastal Grande Mall, 2-Tanger Outlets, Barefoot Resort and Coastal Carolina University (CCU), marinas, public docks, landings, restaurants, golf courses, shops, entertainment. Also, only 90 miles to beautiful Charleston, SC!

Last Listed By

Radha Herring

Watermark Real Estate Group License #51279 Listed on: 07/19/2023

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

  • 739 Sq Ft Home
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom faces the ocean
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Single Vanity
  • Shower Only

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • High Speed Internet
  • 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, security, legal and accounting, master antenna/cable TV, common maint/repair, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Tennis Courts
  • 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, Tennis Court, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Laminate
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 911
  • HOA Management Company: Waccamaw Mgt. 843 237-9551
  • Lvt Date: 07/19/2023
  • Sold Total Heated Sq Ft: 739
  • Sold Total Sq Ft: 769
  • Total Heated Sq Ft: 739
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 45K NET Airbnb
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 18
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Split Bedroom Plan, Furnished, Enter Through Foyer
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer
  • Primary Bathroom: Shower, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Work Island, Breakfast Bar, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Oceanfront Master Bedroom
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 769

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, Underground Utilities, 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, 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: MU-H

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
Jul 19, 2023
Closed on
Oct 13, 2023
Sold by
Tangi Jason
Bought by
Blockbustr Properties Llc
Seller's Agent
Radha Herring
Watermark Real Estate Group
Buyer's Agent
Megan Shelby
Welcome Home Realty
List Price
$250,000
Sold Price
$261,000
Premium/Discount to List
$11,000
4.4%
Total Days on Market
34
Views
406
Current Estimated Value
$238,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,163
Avg. Annual Appreciation
-5.24%
Original Mortgage
$195,750
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 8, 2023
Sold by
Gtt Investments Llc
Bought by
Tangi Jason and Stracensky Jennifer
Seller's Agent
Radha Herring
Watermark Real Estate Group
Buyer's Agent
Megan Shelby
Welcome Home Realty
List Price
$250,000
Sold Price
$261,000
Premium/Discount to List
$11,000
4.4%
Views
406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,750
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 1, 2022
Sold by
Edwards Beach Properties Llc
Bought by
Gtt Investments Llc
Seller's Agent
Nathan Neagles
Realty ONE Group Dockside
Buyer's Agent
Radha Herring
Watermark Real Estate Group
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$158,200
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 20, 2021
Sold by
Whitmer Kevin Michael
Bought by
Edwards Beach Properties Llc
Seller's Agent
Greg Sisson
The Ocean Forest Company
Buyer's Agent
Shawn Toler
Carey & Associates Realty
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.52%
Original Mortgage
$80,000
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 30, 2018
Closed on
Mar 20, 2019
Sold by
Johnston George P
Bought by
Joan Whitmer Kevin Michael and Joan Debra
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Greg Sisson
The Ocean Forest Company
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.19%
Original Mortgage
$86,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2016
Closed on
Feb 9, 2017
Sold by
Kilgarriff John J
Bought by
Johnston George P
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Brian Staub
Keller Williams Innovate South
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Apr 13, 2005
Sold by
Baturin Richard L and Baturin Beverly P
Bought by
Kilgarriff John J and Kilgarriff Joanne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 12, 2004
Sold by
Ahlfeldt Harry J and Ahlfeldt Carol A
Bought by
Baturin Richard L and Baturin Beverly P

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blockbustr Properties Llc -- --
Tangi Jason $261,000 --
Gtt Investments Llc $226,000 --
Edwards Beach Properties Llc $169,900 --
Joan Whitmer Kevin Michael $115,000 --
Johnston George P $105,000 None Available
Kilgarriff John J $205,000 --
Baturin Richard L $138,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tangi Jason $195,750
Previous Owner Gtt Investments Llc $158,200
Previous Owner Edwards Beach Properties Llc $80,000
Previous Owner Joan Whitmer Kevin Michael $86,250
Previous Owner Kilgarriff John J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $261,000 +4.4% $353 / Sq Ft
07/19/2023 07/19/23 For Sale $250,000 +10.6% $338 / Sq Ft
06/02/2022 06/02/22 Sold $226,000 +0.4% $306 / Sq Ft
04/29/2022 04/29/22 For Sale $225,000 +32.4% $304 / Sq Ft
12/21/2021 12/21/21 Sold $169,900 0.0% $230 / Sq Ft
10/01/2021 10/01/21 For Sale $169,900 +47.7% $230 / Sq Ft
03/21/2019 03/21/19 Sold $115,000 -4.2% $128 / Sq Ft
01/14/2019 01/14/19 Price Changed $120,000 -7.6% $133 / Sq Ft
11/30/2018 11/30/18 For Sale $129,900 +23.7% $144 / Sq Ft
02/15/2017 02/15/17 Sold $105,000 -4.5% $123 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $109,900 -- $129 / 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 $15,372 $0 $15,372
2023 $3,801 $15,372 $0 $15,372
2021 $2,478 $15,372 $0 $15,372
2020 $2,263 $15,372 $0 $15,372
2019 $2,134 $14,805 $0 $14,805
2018 $0 $12,600 $0 $12,600
2017 -- $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2314216

Coastal Carolinas Association of REALTORS®

APN: 44314040168