$115,000
SOLD MAR 29, 2021
1 Bed
1 Bath
588 Sq Ft
$543/mo HOA Fee

Recently Sold

$196 Per Sq Ft

4% Below List Price

1 Day on Market

About This Home

As of December 2022

Fantastic opportunity to own a 1 bedroom 1 bathroom, direct ocean front unit At The Palms Resort. A BOUTIQUE BUILDING centrally located in Myrtle Beach... This condo is located in the south building- very quiet!!! The Lobby is located in the north building. This unit has been updated with beautiful furnishings, granite counters and stainless steel appliances. With plenty of space for your family or guests with two queen bed and a spacious living area, this condo would make a great second home or rental investment! This unit overlooks the beach, so you can step out the sliding glass doors and enjoy your morning coffee on the private balcony overlooking the ocean. The Palms Resort offers many amenities including an indoor pool, 2 indoor hot tubs as well as an outdoor pool and outdoor hot tub. There is also a fitness center, laundry room, and kiddy pool! There have been many recent renovations to this resort such as resurfacing of the pools, new secure slider entry doors, new security system, new exterior lighting, replaced elevators, and exterior paint on the buildings. The Palms Resort is ideally located along the beach and just minutes from some of the best restaurants, shopping , entertainment, and golf that Myrtle Beach has to offer! This is an opportunity you don’t want to miss!!!

Last Agent to Sell the Property

Traci Miles

CENTURY 21 Boling & Associates Listed on: 02/23/2021

CENTURY 21 Boling & Associates

Last Buyer's Agent

Jerry Pinkas Team

Jerry Pinkas R E Experts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,717

Year Built

1985

Lot Details

0

HOA Fees

$543 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Pool-Indoor Community
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Window/Wall Unit
  • Monthly HOA as Calculated: 543
  • HOA Management Company: Pinnacle 843-449-8103
  • Living Room Type: Ceiling Fan
  • Lvt Date: 02/23/2021
  • Sold Total Heated Sq Ft: 588
  • Sold Total Sq Ft: 650
  • Total Heated Sq Ft: 588
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Insulated Doors/Windows
  • HOA Fees include insurance: Yes
  • Project Section Code: Palms, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 08
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Enter Through Bedroom
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Refrigerator, Range, Oven, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level, Ceiling Fan
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 650

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, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Dec 15, 2022
Sold by
Nunus Place Llc
Bought by
Carr Torris Lee and Pepper Sevdalina Lachezarova
Seller's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
Buyer's Agent
Sylvia Simpson
Watermark Real Estate Group
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
60
Current Estimated Value
$186,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,959
Avg. Annual Appreciation
-0.62%
Original Mortgage
$136,500
Outstanding Balance
$133,189
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$58,644

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 29, 2021
Sold by
Mckinney Raeford E
Bought by
Nunus Place Llc
Seller's Agent
Traci Miles
CENTURY 21 Boling & Associates
Buyer's Agent
Jerry Pinkas Team
Jerry Pinkas R E Experts
List Price
$119,700
Sold Price
$115,000
Premium/Discount to List
-$4,700
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.70%

Purchase Details

Closed on
Mar 10, 2004
Sold by
Rozell Jeffery A
Bought by
Mckinney Raeford E and Mckinney Deborah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
5.62%
Mortgage Type
Unknown
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 $195,000 --
Warranty Deed $115,000 --
Warranty Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,500 New Conventional
Previous Owner $65,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $195,000 -2.5% $332 / Sq Ft
09/15/2022 09/15/22 For Sale $199,900 +73.8% $340 / Sq Ft
03/29/2021 03/29/21 Sold $115,000 -3.9% $196 / Sq Ft
02/23/2021 02/23/21 For Sale $119,700 -- $204 / 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 $2,717 $7,350 $0 $7,350
2023 $2,717 $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 $0 $3,480 $0 $3,480
2015 -- $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: 2104099

Coastal Carolinas Association of REALTORS®

APN: 42411040183