$110,000
SOLD NOV 28, 2018

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

1 Bed
1 Bath
551 Sq Ft
$385/mo HOA Fee

Recently Sold

$200 Per Sq Ft

12% Below List Price

181 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Lakewood Elementary Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of February 2021

Welcome to this fully furnished 1 bedroom, 1 bathroom condo at Myrtle Beach Resort. This unit includes a full kitchen, equipped with all appliances and a dining area. The bedroom includes a queen size bed and a day bed for an added sleeping space. Enjoy the view from your top floor balcony, overlooking the pool and miles and miles of beautiful Atlantic Ocean views. Myrtle Beach Resort includes an outdoor pool, lazy river, fitness center, game room, and more! Located in the heart of Myrtle Beach, near all of the Grand Strand's finest dining, shopping, golf, and entertainment attractions. Whether you are looking for an investment property or a vacation get away, you won't want to miss this. Schedule your showing today!

Last Agent to Sell the Property

Kevin Mills

Century 21 Barefoot Realty License #90799 Listed on: 05/03/2018

Century 21 Barefoot Realty

Last Buyer's Agent

Jillian Burwell

Realty ONE Group DocksideSouth License #100600

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1982

Lot Details

  • Lawn

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Slab Foundation
  • Wallpaper
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 551 Sq Ft Home
  • Furnished
  • Window Treatments
  • Open Floorplan
  • Dining Area
  • Carpet

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Entry through bedroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Private Pool

Schools

  • Lakewood Elementary School
  • Socastee Middle School
  • Socastee 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, rec. facilities, master antenna/cable TV, common maint/repair, telephone service in unit, internet access
  • Mid-Rise Condominium
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,486

Year Built

Built in 1982

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Unit Location: Oceanfront-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, Owner Allowed Motorcycle, Lazy River, Owner Allowed Golf Cart
  • Estimated Year Built: 1982
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 385
  • HOA Management Company: William Douglas 843-492-0088
  • Lvt Date: 05/03/2018
  • Sold Total Heated Sq Ft: 551
  • Sold Total Sq Ft: 551
  • Total Heated Sq Ft: 551
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Elevator-Exterior
  • HOA Fees include insurance: Yes
  • Project Section Code: Mb Resort I - 16J
  • Rental Mgmt Contract: Yes
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1982

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Elevator-Interior, Smoke Detector, Furnished, Enter Through Bedroom
  • Living Room: 16x13
  • Master Bedroom: 11x7
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Microwave, Oven, Pantry, Refrigerator, Range
  • Master Bedroom Type: 1st Flr Level, Wallpaper/Covering
  • Bedrooms: 1
  • Dining Room Type: Area, Kit/Dr Combo, Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 551

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

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, Rec. Facilities, Master Antenna/Cable Tv, Common Maint/Repair, Telephone Service In Unit, Internet Access

Schools

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

Lot Info

  • Zoning: MF

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
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
6.77%

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

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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 $6,954 $0 $6,954
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: 1809600

Coastal Carolinas Association of REALTORS®

APN: 45905030453