$72,000
SOLD MAR 11, 2016

Myrtle Beach Resort 5905 S Kings Hwy Unit 503 Myrtle Beach, SC 29575

-- Bed
1 Bath
390 Sq Ft
$236/mo HOA Fee

Recently Sold

$185 Per Sq Ft

9% Below List Price

97 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Clubhouse
  • Lakewood Elementary Rated A
  • Gated Community
  • Soaking Tub in Primary Bathroom

About This Home

As of February 2021

This sharply decorated Oceanfront efficiency in the popular Renaissance Tower of Myrtle Beach Resort allows you to stare out into the forever of the big blue Atlantic from throughout the condo. Tile floors, a flat screen TV, comfortable furniture with the ability to sleep six makes this an ideal, simplistic beach hideaway for you and yours. And with all there is to do at the Resort, you'll want to make this a frequent destination to just relax. Myrtle Beach Resort is a 33-acre gated oceanfront community with many amenities including six pools with two indoors, a lazy river, hot tubs, saunas, tennis courts, fitness rooms, bocce court, game room, 24-hour security, and activities for all ages from playgrounds to a beachfront bar & grill. Conveniently located on Highway 17 just north of SR 544, Myrtle Beach Resort is convenient to all the area has to offer. Square footage is approximate and not guaranteed. Buyer responsible for verification.

Last Agent to Sell the Property

Bruce Brown

RE/MAX Southern Shores GC License #62353 Listed on: 10/02/2015

Last Buyer's Agent

Bruce Brown

RE/MAX Southern Shores GC License #62353 Listed on: 10/02/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1984

Lot Details

  • Lawn

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 390 Sq Ft Home
  • Furnished
  • Window Treatments
  • Open Floorplan

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub in Primary Bathroom

Home Security

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Built-In Barbecue

Schools

  • Lakewood Elementary School
  • Forestbrook 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
  • High-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

$1,486

Year Built

Built in 1984

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Unit Location: Oceanfront-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: 1984
  • 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: 236
  • HOA Management Company: Anita Pedraza, 492-0088
  • Sold Total Heated Sq Ft: 390
  • Sold Total Sq Ft: 417
  • Total Heated Sq Ft: 390
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17, Outside City Limits
  • Exterior Unit Features: Balcony, Lawn Sprinkler, Lawn Well, Pool-Outdoor Private, Built-In Bbq, Elevator-Exterior, Handicap Access, Pool-Indoor Private, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Mb Resort Rt
  • Rental Mgmt Contract: Yes
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Furnished
  • Primary Bathroom: Tub, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave, Range Hood
  • Bedrooms: Efficiency
  • Dining Room Type: Kit/Dr Combo, Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 417

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 Public

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

Schools

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

Lot Info

  • Zoning: RC

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Feb 23, 2021
Sold by
Collins Rickey L
Bought by
Huffman Leigh R
Seller's Agent
Bruce Brown
RE/MAX Southern Shores GC
Buyer's Agent
Bruce Brown
RE/MAX Southern Shores GC
List Price
$93,000
Sold Price
$85,000
Premium/Discount to List
-$8,000
-8.6%
Current Estimated Value
$114,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,139
Avg. Annual Appreciation
6.25%

Purchase Details

Listed on
Oct 2, 2015
Closed on
Mar 9, 2016
Sold by
Baker Louis C
Bought by
Collins Rickey L
Seller's Agent
Bruce Brown
RE/MAX Southern Shores GC
Buyer's Agent
Bruce Brown
RE/MAX Southern Shores GC
List Price
$78,900
Sold Price
$72,000
Premium/Discount to List
-$6,900
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$50,000
Interest Rate
3.65%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Hyun Chough Nam and Joo Hyun
Bought by
Baker Jan M and Baker Louis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
8.24%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $85,000 --
Warranty Deed $72,000 --
Survivorship Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 No Value Available
Previous Owner $40,543 Unknown
Previous Owner $40,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Off Market $85,000 -- --
02/26/2021 02/26/21 Sold $85,000 -5.5% $218 / Sq Ft
11/24/2020 11/24/20 Price Changed $89,900 -3.3% $231 / Sq Ft
10/14/2020 10/14/20 For Sale $93,000 -15.5% $238 / Sq Ft
11/28/2018 11/28/18 Sold $110,000 -8.3% $200 / Sq Ft
07/02/2018 07/02/18 Price Changed $119,900 -4.0% $218 / Sq Ft
05/03/2018 05/03/18 For Sale $124,900 +73.5% $227 / Sq Ft
03/11/2016 03/11/16 Sold $72,000 -8.7% $185 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
10/02/2015 10/02/15 For Sale $78,900 -- $202 / 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 $1,486 $9,450 $0 $9,450
2023 $1,486 $9,450 $0 $9,450
2021 $1,429 $9,450 $0 $9,450
2020 $1,107 $9,450 $0 $9,450
2019 $1,107 $9,450 $0 $9,450
2018 $0 $7,875 $0 $7,875
2017 $987 $4,500 $0 $4,500
2016 $0 $4,500 $0 $4,500
2015 -- $7,875 $0 $7,875
2014 $925 $4,500 $0 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1522686

Coastal Carolinas Association of REALTORS®

APN: 45905030453