NOT LISTED FOR SALE

Myrtle Beach Resort 5905 S Kings Hwy Unit 312-B Myrtle Beach, SC 29575

South Myrtle Beach Neighborhood

Estimated Value: $177,000 - $215,000

2 Beds
2 Baths
968 Sq Ft
$900/mo HOA Fee

Last Sold May 01, 2024

Last sale price $195,000 $201 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,103/month

14 Days on Market

Highlights

  • Spa
  • Gated Community
  • Furnished
  • Lakewood Elementary Rated A
  • Clubhouse
  • Lawn

About This Home

As of May 2024

Fantastic location being the third condo from the ocean in B-building at MB Resort. Beautiful view of the ocean from private balcony. The building has a large pool, hot tub and fitness center. Myrtle Beach Resort is unique as it has a 33-acre gated oceanfront campus with a variety of amenities including six pools, two indoors, lazy river, hot tubs, saunas, tennis courts, fitness rooms, bocce court, game room, 24-hour security, and activities from playgrounds to a beachfront bar and grill.

Last Agent to Sell the Property

Mitch Gainforth

Gainforth Real Estate License #61321 Listed on: 03/01/2024

Last Buyer's Agent

Jason Cooksey

RE/MAX Southern Shores License #135146

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1983

Lot Details

  • Lawn

HOA Fees

  • $900 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 3rd floor
  • Steel Siding

Interior Spaces

  • 968 Sq Ft Home
  • Furnished
  • Dining Area

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Spa
  • Built-In Barbecue

Schools

  • Lakewood Elementary School
  • Socastee Middle School
  • Socastee High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 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, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, telephone service in unit, long distance phone, internet access, pest control
  • Mid-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

Building Details

  • Security

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,685

Year Built

Built in 1983

Lot Details

0

HOA Fees

$900 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Tennis Court, Seller Disclosure, Home Owners Assn Fee, Gated Community, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1983
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 900
  • HOA Management Company: 843-839-1350 ONSITE HOA
  • Lvt Date: 03/01/2024
  • Sold Total Heated Sq Ft: 968
  • Sold Total Sq Ft: 968
  • Total Heated Sq Ft: 968
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Oceanfront-Building, East Of Bus 17, Outside City Limits, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Lawn Sprinkler, Built-In Bbq, Elevator-Exterior, Handicap Access, Spa/Hot Tub
  • Gross Annual Rental Incom: AVG $25K year per owner
  • HOA Fees include insurance: Yes
  • Project Section Code: Mb Resort II
  • Rental Mgmt Contract: Yes
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1983

Interior Features

  • Furnished: Yes
  • Interior Amenities: Fire Sprinkler, Smoke Detector, Furnished
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Microwave, Range Hood
  • Bedrooms: 2
  • Dining Room Type: Area
  • Full Bathrooms: 2
  • Total Sq Ft: 968

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Private

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Telephone Service In Unit, Long Distance Phone, Internet Access, Pest Control

Schools

  • Elementary School: Lakewood Elementary School
  • Middle School: Socastee Middle School
  • High School: Socastee High School

Lot Info

  • Zoning: RC

MLS Schools

  • Elementary School: Lakewood Elementary School
  • HighSchool: Socastee High School
  • Middle School: Socastee Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 27, 2024
Sold by
Morris Malcom S
Bought by
Jones Edgar L and Jones Sara L
Seller's Agent
Mitch Gainforth
Gainforth Real Estate
Buyer's Agent
Jason Cooksey
RE/MAX Southern Shores
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%
Views
47
Current Estimated Value
$201,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,163
Avg. Annual Appreciation
2.14%
Original Mortgage
$150,637
Outstanding Balance
$148,488
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$52,675
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Jones Edgar L $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Edgar L $150,637
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $195,000 -4.9% $201 / Sq Ft
03/01/2024 03/01/24 For Sale $205,000 -- $212 / 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 $1,685 $13,500 $0 $13,500
2023 $0 $12,075 $0 $12,075
2021 $1,557 $12,075 $0 $12,075
2020 $1,460 $12,075 $0 $12,075
2019 $1,460 $12,075 $0 $12,075
2018 $0 $12,915 $0 $12,915
2017 $1,599 $7,380 $0 $7,380
2016 -- $7,380 $0 $7,380
2015 $1,599 $12,915 $0 $12,915
2014 $1,546 $7,380 $0 $7,380
Source: Public Records

Agents Affiliated with this Home

  • Mitch Gainforth

    Seller's Agent in 2024

    Mitch Gainforth

    Gainforth Real Estate

    (843) 446-4764

    3 in this area

    38 Total Sales

    Mitch Gainforth
    Section Image
  • Jason Cooksey

    Buyer's Agent in 2024

    Jason Cooksey

    RE/MAX

    (843) 350-2577

    1 in this area

    25 Total Sales

    Jason Cooksey
    Section Image
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About Myrtle Beach Resort

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2405263

Coastal Carolinas Association of REALTORS®

APN: 46009010205

South Carolina Horry County Myrtle Beach 29575 South Myrtle Beach

5905 S Kings Hwy Unit 312-B, Myrtle Beach, SC

This home is located at 5905 S Kings Hwy Unit 312-B, Myrtle Beach, SC 29575 since 01 March 2024 and is currently estimated at $201,163, approximately $207 per square foot. This property was built in 1983. 5905 S Kings Hwy Unit 312-B is a home located in Horry County with nearby schools including Lakewood Elementary, Socastee Middle, and Socastee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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