$55,000
SOLD JUN 8, 2012
1 Bed
1 Bath
558 Sq Ft
$512/mo HOA Fee

Recently Sold

$99 Per Sq Ft

11% Below List Price

111 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Community Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Lawn
  • Balcony

About This Home

As of August 2022

What a great deal on this spacious 1 bedroom condo at the prestigious Palms Resort! Very clean and well-kept unit, 2 queen beds in bedroom, full kitchen and bright and light living area that leads out to a 15x11 deck. Slightly obstructed views due to being on the first floor but because of the raised decking, you can have wonderful views of the beach and ocean while enjoying your morning cuppa or an afternoon cocktail. This resort is clean and well kept, there are two buildings, this building has the workout room and the indoor pool, the other has the check-in and outdoor pool that connects to a walkway that leads you out to the beautiful blue Atlantic Ocean. Centrally located just east of Broadway at the Beach, a few minutes from the airport and Coastal Grand Mall and all the attractions in Myrtle Beach on Ocean Blvd! Fantastic price so won't last long! Square footage is approximate and not guaranteed. Buyer is responsible for verification.

Last Agent to Sell the Property

Jan Buess

CB Sea Coast Advantage MI License #53322 Listed on: 01/31/2012

Last Buyer's Agent

Jill Lindstrand

EXP Realty LLC License #64299

EXP Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $512 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding

Interior Spaces

  • 558 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Cable Tv, Internet Access, Lawn Maintenance
  • Estimated Year Built: 1987
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Vinyl
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 512
  • HOA Management Company: Pinnacle/843-449-8103
  • Living Room Type: Ceiling Fan
  • Sold Total Heated Sq Ft: 558
  • Sold Total Sq Ft: 633
  • Total Heated Sq Ft: 558
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palms, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Furnished
  • Kitchen: 5x11
  • Living Room: 17x11
  • Master Bedroom: 15x11
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Microwave, Refrigerator, Range
  • Master Bedroom Type: Ceiling Fan
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 633

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, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

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
May 25, 2022
Closed on
Aug 16, 2022
Sold by
Bishop Justin T
Bought by
Abdelkarim Husnia and Abdelkarim Reda
Seller's Agent
Kim Shelley
RE/MAX Southern Shores NMB
Buyer's Agent
John Ebbert
EXP Realty LLC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 24, 2021
Sold by
Porter David Marshall
Bought by
Bishop Justin Tyler and Bishop Taylor Murray
Seller's Agent
The Britt Page Group
Real Estate By The Sea
Buyer's Agent
Tracie Ross
Tracie Ross Real Estate
List Price
$117,999
Sold Price
$113,500
Premium/Discount to List
-$4,499
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.26%

Purchase Details

Listed on
Jan 7, 2016
Closed on
Mar 17, 2016
Sold by
Goulet Raymond
Bought by
Porter David M and Porter Paulette A
Seller's Agent
Jill Lindstrand
EXP Realty LLC
Buyer's Agent
Michael Costello
Sea and Sand Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.25%

Purchase Details

Listed on
Jan 31, 2012
Closed on
Jun 6, 2012
Sold by
First Reliance Bank
Bought by
Goulet Raymond
Seller's Agent
Jan Buess
CB Sea Coast Advantage MI
Buyer's Agent
Jill Lindstrand
EXP Realty LLC
List Price
$61,900
Sold Price
$55,000
Premium/Discount to List
-$6,900
-11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.17%

Purchase Details

Closed on
Aug 23, 2011
Sold by
Grady Harry Paul
Bought by
First Reliance Bank

Purchase Details

Closed on
Mar 23, 2006
Sold by
Dankmeyer Daniel J and Dankmeyer Barbara J
Bought by
Grady Harry Paul

Purchase Details

Closed on
Mar 9, 2005
Sold by
Whitmire James H and Whitmire Betty S
Bought by
Dankmeyer Daniel J and Dankmeyer Barbara J

Purchase Details

Closed on
Mar 5, 2004
Sold by
Hovatter Connie C
Bought by
Whitmire James H and Whitmire Betty S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2001
Sold by
Crews Rowan D and Crews Louise S
Bought by
Hovatter Connie C
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 $135,000 --
Warranty Deed $113,500 --
Warranty Deed $45,000 --
Deed $55,000 --
Deed -- --
Deed $175,000 None Available
Deed $115,000 --
Warranty Deed $67,000 --
Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $53,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 For Sale $159,500 +18.1% $271 / Sq Ft
08/17/2022 08/17/22 Sold $135,000 -6.8% $230 / Sq Ft
06/19/2022 06/19/22 Price Changed $144,900 -3.3% $246 / Sq Ft
05/25/2022 05/25/22 For Sale $149,900 +32.1% $255 / Sq Ft
09/24/2021 09/24/21 Sold $113,500 -3.8% $193 / Sq Ft
08/26/2021 08/26/21 For Sale $117,999 +162.2% $201 / Sq Ft
03/18/2016 03/18/16 Sold $45,000 -9.8% $82 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $49,900 -9.3% $91 / Sq Ft
06/08/2012 06/08/12 Sold $55,000 -11.1% $99 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $61,900 -- $111 / 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 -- $7,350 $0 $7,350
2023 $2,295 $7,350 $0 $7,350
2021 $1,864 $7,350 $0 $7,350
2020 $1,031 $7,350 $0 $7,350
2019 $1,031 $7,350 $0 $7,350
2018 $0 $6,090 $0 $6,090
2017 $915 $3,480 $0 $3,480
2016 -- $3,480 $0 $3,480
2015 $905 $6,090 $0 $6,090
2014 $880 $3,480 $0 $3,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1201950

Coastal Carolinas Association of REALTORS®

APN: 42411040174